Episode 252 - Laying Down a Promotion for the Sake of Another with Sam Rhee
May 30, 2023
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Sam Rhee, founder of Endowus, shares his story of giving up a major promotion for God's plan. Topics include rooting identity in Christ, theological studies, growing up in ministry. Also discussed are travel tips, Korean food, financial tips for entrepreneurs, and the concept of generosity.
Sam Rhee sacrificed a potential major promotion in banking to follow God's plan and emphasizes the importance of having a solid identity in Christ.
Endow Us, founded by Sam Rhee, aims to bring transparency, integrity, and better access to financial products and services, empowering individuals to overcome challenges in the traditional banking system.
Deep dives
Living with Faithfulness
Sam Rhee, founder of Endow Us, shares his powerful example of living with faithfulness, even when faced with a major career decision. He recounts how he left a potential major promotion in banking to follow God's plan for his life. This experience taught him the importance of having a solid identity in Christ and not being tied to material wealth. Sam emphasizes the need for faith-driven entrepreneurs to understand the gifts God has given them and to use them for His purpose.
Improving Financial Literacy
Sam discusses the importance of financial education and literacy, particularly in the context of wealth management. He highlights the need to provide better access, advice, and lower costs for individuals in the financial services industry. This led him to found Endow Us, a company focused on bringing institutional-level investing and financial education to the average individual, especially in Asia where these services are often lacking.
Redeeming the Finance Industry
Sam shares how Endow Us is working to bring transparency, integrity, and fiduciary duty to the finance industry. The company's goal is to provide better access to quality financial products and services, aligning the best interests of the clients. By voluntarily giving back 100% of the commissions received from fund managers and keeping the cost low, Endow Us seeks to empower individuals to reach their financial goals and overcome the challenges posed by the traditional banking system.
Living a Life of Radical Generosity
Sam reflects on the importance of generosity and the example set by Jesus. He and his wife prioritize giving to education, children, and supporting pastors, missionaries, and their families. They believe in giving more than they take, following Jesus' model of radical generosity. Sam encourages others to find ways to be joyfully generous in their own lives, making a positive impact on the lives of others.
Imagine you’re waiting on a big promotion that you’ve worked for all your life, and then God tells you to recommend someone else.
That’s what happened with Endowus founder and today’s guest Sam Rhee.
Before his current venture, Sam worked in investment banking and was in line for a new, significant position when he felt the Lord calling him to something different.
He didn’t know what it would be at the time, but now, he’s grateful that he had faith in God’s plan.
Hear Sam’s story on this special episode originally recorded on the Faith Driven Entrepreneur Asia podcast and don’t forget to follow the show wherever you get your podcasts.
Visit asia.faithdrivenentrepreneur.org/podcasts for more.
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