David Green Group 9

David Green, Founder of Hobby Lobby

Christian Business Leader

Donated Green Hall

Ethical Approach is Biblical

Rags to Riches

Burwell vs Hobby Lobby Stores

David Green

  • Famous American entrepreneur who founded "Hobby Lobby”
  • Born November 13, 1941 - Emporia, Kansas
  • Born in a family of preachers, a strong religious belief
  • Success strongly due to unwavering faith in God
  • Publicly against the Patient Protection and Affordable Care Act/ provision that gives right to use the morning after pill
  • Oklahoma City with his wife Barbara, two sons, Mart and Steve, and a daughter Darsee Lett.
  • Both sons assisted him at very early ages, gluing frames in Green’s garage

David Green and Hobby Lobby

  • Forbes, one of the richest people
  • A billionaire with an estimated net worth of $4.5 billion
  • Revenue = $3 billion per year
  • Owns 100% of his company
  • Mart, CEO and founder of Mardel Christian and Educational Supply and Every Tribe Entertainment
  • Steve, President of Hobby Lobby
  • Darsee Lett, the Creative Director of his stores

Ethical business practice

  • Closed on Sundays
  • Closes at 8 pm everyday
  • Raise higher wage for employees
  • A business environment where employees have a voice and are free to raise their opinion
  • Honesty
  • Sharing the gospel

Ethical Contributions

“I don’t care if you’re in business or out of business, God owns it.”

FORBES estimates his lifetime giving at upwards of $500 million

  • $300 million donating about 50 properties
  • $10.5 Green Hall donated to LU (2004)
  • $16.5 million campus donated to Zion Bible College in Haverhill, Mass. in (2007)
  • $70 million donation to Oral Roberts University (2007)

Through foundations he supports, he has already distributed nearly 1.4 billion copies of gospel literature in homes in over 100 countries, Asia and Africa.

  • Green has taken God’s word digital. He sponsors the YouVersion Bible app for mobile phones
“ God tells us to go forth into the world and teach the Gospel to every creature. He doesn’t say skim from your employees to do that.”

Biblical Integration

Colossians 3:17

1 Peter 4:11

2 Timothy 2:15

Mark 12:29-31

Conclusion

Humble beginnings - started with just a $ 600 loan, now worth more than $4 billion.

Strong biblical foundations which was key for his success

Believes all the glory goes to God

Has spent a lot effort and money to ensure that people all over the world would have access to the bible.

Is very charitable, has helped with so many different infrastructures with different institutes.

David Green has shown us all that, it is not only possible to have a thriving company which is based on strong biblical foundations. Having a strong biblical and moral compass was essential for David Green’s success. He has not only become a very successful business man, he is a role model, who has shown us that through God everything is possible.

Q&A

How was David Green's initial loan to first start up?

What is the name of his company?

What was one of the Bible verses used?

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