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What if your thoughts about the Bible and what it has to say about money were crippling you instead of helping you to flourish the way you’re meant to? Today’s guest is Rabbi Daniel Lapin, returning for another deep and powerful conversation about business, money, and the Bible.
https://www.youtube.com/watch?v=ytZD5GkFlp4
He’s a rabbi, speaker, TV host, and author of seven books, including America’s Real War, Business Secrets from the Bible, and Thou Shall Prosper-The Ten Commandments for Making Money.
In this episode, we explore and discuss some of the foundational principles behind his book Business Secrets from the bible and the timeless wisdom that connects faith, prosperity, and ethical business practices.
Instead of avoiding the seeming conflict in our culture between God and money, Rabbi Lapin is known for uncovering and unpacking Biblical wisdom to guide today’s business leaders.
Prepare to be challenged, changed, and grow… tune in now!
Table of contentsBusiness Secrets from the Bible that Rabbi Lapin Shares:Welcoming Back Rabbi LapinWhy Business MattersRabbi Lapin's Retirement ParadoxThe Impact of InflationInvesting vs. Making Money in the First PlaceFaith and FinancesA Godly EconomyDoes God Want You to be Wealthy?Learn to Be of ServiceFrequently Asked QuestionsIs there a difference between biblical business principles across different faith traditions?What should I do if my current job conflicts with biblical business principles?Should I tithe or give to charity from business profits before paying myself?What are the main books Rabbi Lapin recommends for understanding biblical wealth principles?Previous Discussions with Rabbi LapinAbout Rabbi Daniel LapinBook A Strategy Call
Business Secrets from the Bible that Rabbi Lapin Shares:
Why wealth creation is actually a spiritual discipline - Discover how Rabbi Lapin connects biblical principles to modern entrepreneurship without compromising your faith.
How to make money by giving, not taking - Learn the counterintuitive biblical approach that creates sustainable wealth through service.
Why your synagogue or church beats networking events - See how authentic community and shared values create more business opportunities than traditional networking.
The certificate of appreciation economy model - Grasp Rabbi Lapin's vision for how a godly economy actually functions in practice.
How to answer "Does God want me to be wealthy?" - Get Rabbi Lapin's nuanced response that reframes the entire question around service and stewardship.
Welcoming Back Rabbi Lapin
[2:23] Rachel: “We believe alike when it comes to money. And it’s amazing to me, to be able to understand the roots of what everything means, financially, and how that connects to our Christian faith, how it connects to biblical principles.”
And a common journey is reconciling faith with finances—how can you be a good Christian and a good entrepreneur without those things being in conflict? Fortunately, as Rabbi Lapin shows us, there’s more overlap than you think. We’ve enjoyed having him as a guest several times before because he has a deep understanding of the bible and the financial wisdom within its pages.
[4:54] Rabbi Daniel Lapin: “We are not using our time today to try and surreptitiously convert people to faith. What we are trying to do, very forthrightly, is impact their bank accounts.”
Why Business Matters
We’ve talked about many of the Rabbi’s books on The Money Advantage, and today we’re discussing one of his older books, Business Secrets from the Bible. What’s great about this book is that it provides a strategic, spiritual approach to business. And the foundation of this approach is within the pages of the Bible.
Understanding the business secrets from the Bible starts with recognizing that entrepreneurship and wealth creation aren't separate from spiritual life - they're expressions of it when done with the right heart and principles.
Rabbi Lapin's Retirement Paradox
The conversation begins with a few thought experiments, such as the one below:
[13:15] “If retirement is such a good thing, what would happen if everybody in your world retired? According to the way many people think, people should say, ‘Well...God bless them, good for them. They’ve made enough money, they don’t need to work anymore. It’s great!’ And that would be great until you decide you want to go to a restaurant for dinner. And then you discover that nobody’s there because they’ve all got enough money, they don’t need your money.”
[14:18] “Without other people, you have nothing.”
The Impact of Inflation
Rabbi Lapin brings another thought experiment into the conversation. He asks you to imagine you found a duffel bag filled with a million dollars. And to your surprise, it’s addressed to you, as a gift from the white house. Your mind begins to fill with the possibilities of that money, and you call your friend to tell them.
But before you can say anything, they tell you that they also received a million dollars from the white house. And you quickly come to learn that every single person got the same gift.
[17:40] “This is the mystique of money: if everybody got a million dollars, it is exactly the same as if no one got a million dollars. Really, nothing has changed.”
Lapin takes it further and says if you don’t understand, think about what you would do with the money. Say you want a specific BMW, so you go to the dealership to purchase it, because you can still use the money, right? But before you can find a salesman, you’re in a line of 40 people, with only 6 or 7 of that particular BMW available. And the price of the BMW has also shifted to reflect this sudden infusion of cash in the economy.
These thought experiments serve to help people think differently about money and the economy.
Investing vs. Making Money in the First Place
[21:00] Rachel: ‘What’s interesting is that making money in the first place might not necessarily be fair, but it is something that we need to apply ourselves to the principles of making money, which are biblical principles.
You’ve already highlighted two of them: we have to be giving value to people, and it is a relationship business. You cannot make money if there are no humans to serve, and you cannot make money if you’re not providing value to them.”
[22:44] Rabbi Daniel Lapin: “Money is essentially a spiritual commodity, not a physical commodity.”
In his book, The Holistic You, Lapin identifies the five aspects of our lives that are essentially indispensable. These aspects are our health, finances, family, friendship, and faith. And all of these aspects are a package deal, they’re all necessary for a successful life.
If we neglect one area, there are ramifications that affect other areas of our lives.
Faith and Finances
[28:24] “We make money not by taking, but by giving.”
[29:22] “In my experience, very little business actually really results from networking clubs. Where business really comes from, and to some people is going to sound weird, is I go to Synagogue on Saturday morning...On any Saturday morning, at any Synagogue I’m speaking at, I’ll hear half a dozen business deals go down.”
[30:55] “You don’t get a full grasp of money if you don’t have an understanding of faith.”
[31:30] Rachel: “What’s really interesting is that we are people who need other people. We live in a society, we’re not isolated islands. And I know firsthand the experience of trying to make money. If you’re just focused on making money, you will never make any.”
The more you serve people and their needs, the more you create community, the more reach and influence that you have.
A Godly Economy
In Rabbi Lapin’s “Godly Economy,” as he calls it, money signifies certificates of appreciation. And we give them to people who we appreciate for their service. When he and his sons helped a fellow man fix his roof, he gave them certificates of his appreciation.
And when later the Rabbi went out to dinner with his wife, they offered certificates of appreciation for their meal. And those certificates can then be given to the next person and the next person.
[36:12] Rabbi Lapin: “This is what a Godly economy is like. This is why no socialistic, atheistic, tyranny has ever in the history of the world succeeded in building a functioning economy; because the economy works when we see ourselves as givers, not as takers.”
Does God Want You to be Wealthy?
What do you say to the person who believes that God doesn’t want them to be wealthy?
[37:27] I might say something like, ‘Tell me, do you think God wants you to have a great sex life?’ And he might say, ‘I don’t know, what do you think?’
And I’d say, ‘Well I don’t know either, God hasn’t shared that information with me. But I’ll tell you what he did share with me, and that is that he wants a man and a woman to marry and be dedicated to one another, and to their children, and to live as a family.
And it would not surprise me in the least if a good and loving God would reward your behavior in building a sincere family by giving you the greatest sensual pleasure that God made available to human beings. That wouldn’t surprise me at all.
And so on your question of whether I think God wants you to be rich, he hasn’t actually told me about that. He hasn’t even told me if he wants me to be rich, let alone you. But what he has told me is that he would like you to be obsessively preoccupied with filling the needs and desires of all his other children.
And it wouldn’t surprise me in the least that a good and loving God would react to you fulfilling his desire that you take care of his other children, with the incredible blessing of financial abundance.’
Learn to Be of Service
[41:50] “Does God want you to be rich? That’s the wrong question.”
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