How to Become Rich - Japanese Billionaire’s Secret From Qur’an!
Summary
TLDRIn this video, Tanim Zaman shares a powerful wealth secret from Japanese billionaire Kazuo Inamori, who turned a massive loss into a profit by focusing on serving others instead of maximizing profit. This philosophy aligns with Islamic teachings on selflessness, where entrepreneurs prioritize the needs of others. By embodying this quality, businesses can build trust, loyalty, and strong relationships with clients and employees. Tanim encourages Muslim entrepreneurs to adopt this principle of selflessness, not just for financial success but as a virtue loved by Allah, aiming to become unstoppable, successful, and ethical entrepreneurs.
Takeaways
- 😀 Kazuo Inamori, a successful Japanese entrepreneur, turned a massive 180 billion yen loss into a profit by focusing on serving others, not just maximizing profits.
- 😀 Inamori's business philosophy centers around making employees and society better off, not merely focusing on shareholders and profits.
- 😀 The concept of selflessness in business, which is a core principle of Inamori's approach, is deeply aligned with Islamic teachings of prioritizing others' needs.
- 😀 A Hadith of Prophet Muhammad (PBUH) emphasizes the importance of selflessness: 'None of you believe until you love for your brother what you love for yourself.'
- 😀 The Ansar of Medina exemplified selflessness by prioritizing the needs of the Muhajirun over their own, despite their own scarcity.
- 😀 The story of Abu Talha, who sacrificed his family's needs to host a guest, is an example of the deep-rooted Islamic value of selflessness.
- 😀 Selflessness in business creates trust, loyalty, and goodwill, making it easier to close deals and maintain long-term relationships with clients.
- 😀 Clients will prefer to work with businesses that prioritize their needs over competitors, leading to increased opportunities and customer retention.
- 😀 A selfless approach from business leaders creates a motivated and loyal team, as employees reciprocate care and go above and beyond.
- 😀 Jack Ma's philosophy highlights that caring for your team leads to them caring for your customers, forming a positive cycle that benefits the business.
- 😀 Practicing selflessness in business is not just a strategy for profit but a moral and spiritual practice that is loved by Allah, aligning with the Islamic ethos.
Q & A
What is the main secret to success that Kazuo Inamori emphasizes in his business philosophy?
-Kazuo Inamori emphasizes that true business success comes from serving others selflessly, rather than focusing solely on maximizing profit.
How does Inamori’s approach to business relate to Islamic teachings?
-Inamori’s belief in selflessness aligns with Islamic teachings, particularly the Hadith that encourages loving for others what you love for yourself, highlighting the importance of prioritizing others' needs.
What are some of the key companies associated with Kazuo Inamori?
-Kazuo Inamori is the founder of two major companies: Kyocera and KDDI, both of which are listed in the Fortune 500.
How did Kazuo Inamori turn a significant loss into a profit within a short time?
-Kazuo Inamori turned a 180 billion yen loss into a 180 billion yen profit in just over a year by adopting a philosophy of serving others and focusing on the welfare of employees and society.
What specific quote from Inamori’s philosophy is highlighted in the script?
-Inamori’s quote that stands out is, 'The purpose of a company is not to make money; it is to pursue the happiness of its employees and to contribute to society.'
How does the Islamic concept of selflessness relate to the business world?
-In Islam, selflessness is encouraged as it helps build stronger relationships, trust, and loyalty, which are essential for long-term success in business, similar to Inamori's business approach.
What are the benefits of selflessness in business as outlined in the script?
-The benefits include building a strong reputation, gaining customer loyalty, and fostering a dedicated and hardworking team that goes the extra mile for the business.
Why does the script stress the importance of putting others' needs first in business?
-Putting others' needs first builds trust, goodwill, and long-term loyalty, which in turn leads to greater success and sustainability in business.
What story from Islamic history is referenced to highlight the concept of selflessness?
-The story of Abu Talha, who selflessly prioritized the needs of a guest over his own family’s, even though they were in need, is referenced to highlight selflessness.
What impact did Jack Ma’s approach to selflessness have on his business, according to the script?
-Jack Ma’s approach to caring for his team led to his team caring for customers, which contributed to the success of his business.
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