Mobile Edition

The Business Secrets of the Trappist Monks (ACTBSO06)

Date:Thursday, March 22, 2018
Time:11:00AM - 12:42PM
(Registration at 10:30AM)
Facility:Webcast or Webinar, Online
CPE Credit:2.0 Technical Business
Instructor: Don Minges
Course Level:Intermediate
Early Bird Price:$79.00 FICPA Members, $109.00 Non-Members

The Business Secrets of the Trappist Monks by August Turak has been an unconventional business best seller. What makes the Trappist Monks successful? The short answer is that the monks have discovered an amazing secret: "It is in our own self-interest to forget our self-interest." A Trappist monastery is required to be self-sufficient, just like every successful business. Trappists are world famous for many products, e.g. beer. If the Trappists do not sell their goods, they do not eat. The Trappists have learned many lessons the hard way that are effective for every business, and have honed their business model for the past 350 years. This seminar will discuss the key lessons that are applicable to any business.


  • Discuss how to improve the performance of your, or any, business
  • Discuss how and why some startups are successful - and why they lose their competitive advantage as they grow

  • Discuss the vital need for integrity, honesty, values, mission and ethics
  • Discuss how to build trust

  • Discuss the attributes of personal transformation which will enable a business to attract and retain talent

  • Discuss the value of stories and how to communicate stories effectively

    Major Topics:

  • Business Strategy

  • Successful Business Model

    Who Should Attend:
    Upper level financial managers and entrepreneurs

    Some corporate finance classwork or experience

    Advanced Preparation:


    If listed below, select the appropriate sessions or options to continue with your purchase.

    Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.