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David Green and Bill High: How One Family Built a Billion-Dollar Company That Gives Away Half Its Profits

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Manage episode 516832114 series 2908586
Content provided by The Epoch Times. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Epoch Times or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

What happens when a business decides faith matters more than profit? Apparently, it flourishes.

Hobby Lobby, founded by David and Barbara Green in Oklahoma City in 1972, is a private, family-owned corporation now with over a thousand arts-and-crafts stores nationwide. The stores are closed on Sundays, do not sell any Halloween-themed products, operate debt-free, and are run according to Biblical principles, emphasizing the value of faith and family life.

David Green told me in our recent interview: “God blesses us when we do what we should do, rather than what’s maybe most profitable.”

“When we closed on Sunday, we did less business. When we stopped selling Halloween, we did less business. I can name seven or eight different things that ... cost us, but it was the right thing to do,“ he said. ”So I think God is asking us to do the right thing and not what’s most profitable.”

In 2012, the owners of Hobby Lobby sued the federal government for requiring company insurance plans to cover four specific contraceptives—two morning-after pills and two copper IUDs—that they argued could end life after conception. Facing daily fines of $1.3 million, the Green family filed a lawsuit that culminated in a 5–4 victory at the Supreme Court.

In my interview with Green and his longtime friend and co-author of his many books, Bill High, we talk about their latest book “The Legacy Life.”

How do we build a lasting, meaningful legacy? How do we become good stewards of our resources, time, and talents? How can families ensure their values are truly passed on to later generations—and not lost over time?

Views expressed in this video are opinions of the host and the guest, and do not necessarily reflect the views of The Epoch Times.

  continue reading

204 episodes

Artwork
iconShare
 
Manage episode 516832114 series 2908586
Content provided by The Epoch Times. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Epoch Times or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

What happens when a business decides faith matters more than profit? Apparently, it flourishes.

Hobby Lobby, founded by David and Barbara Green in Oklahoma City in 1972, is a private, family-owned corporation now with over a thousand arts-and-crafts stores nationwide. The stores are closed on Sundays, do not sell any Halloween-themed products, operate debt-free, and are run according to Biblical principles, emphasizing the value of faith and family life.

David Green told me in our recent interview: “God blesses us when we do what we should do, rather than what’s maybe most profitable.”

“When we closed on Sunday, we did less business. When we stopped selling Halloween, we did less business. I can name seven or eight different things that ... cost us, but it was the right thing to do,“ he said. ”So I think God is asking us to do the right thing and not what’s most profitable.”

In 2012, the owners of Hobby Lobby sued the federal government for requiring company insurance plans to cover four specific contraceptives—two morning-after pills and two copper IUDs—that they argued could end life after conception. Facing daily fines of $1.3 million, the Green family filed a lawsuit that culminated in a 5–4 victory at the Supreme Court.

In my interview with Green and his longtime friend and co-author of his many books, Bill High, we talk about their latest book “The Legacy Life.”

How do we build a lasting, meaningful legacy? How do we become good stewards of our resources, time, and talents? How can families ensure their values are truly passed on to later generations—and not lost over time?

Views expressed in this video are opinions of the host and the guest, and do not necessarily reflect the views of The Epoch Times.

  continue reading

204 episodes

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