Championing Virtue and Wisdom in Business

 

Eiichi Shibusawa (1840-1931), a prominent businessman involved in establishing and managing over 500 companies and organizations throughout his lifetime, earned the title of the father of modern Japanese capitalism for his dedication to enriching Japanese society rather than pursuing personal interests. Due to his mission-driven approach, Shibusawa garnered praise from many quarters. Among his numerous enduring sayings is the phrase, "Success and failure leave behind the dregs." This adage reflects the transient nature of success and failure, akin to the residue left behind in life. Despite instances worldwide where virtuous individuals face failure while unscrupulous ones appear to prosper, Shibusawa emphasized the insignificance of success and failure in the grand scheme. Temporary setbacks should not breed disappointment or pessimism. What truly matters is sustained, genuine effort, maintaining moral integrity, and cultivating wisdom over time. By adhering to these principles, Shibusawa suggests that one's destiny will greatly expand, as illuminated in his teachings.

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