We’re All Playing a Part | 11 Ways Stoicism Can Improve Your Business

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Dec 19, 2023

Explore how stoicism emphasizes our interconnectedness in business and life. Embracing challenges becomes a path to personal growth, showcasing that even negativity can aid development. Discover how stoic principles equip entrepreneurs to tackle ethical dilemmas and adversities. Success is portrayed as a product of preparation and integrity in leadership. Plus, get inspired to set impactful goals for the new year and engage in positive transformation. Dive into the ancient wisdom that continues to shape modern business practices.

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INSIGHT

We All Play A Part

Everyone plays a role in the world, even those we consider negative.
These people challenge us and remind us of our values.

ANECDOTE

Zeno's Shipwreck

Zeno, the founder of Stoicism, was a merchant who lost everything in a shipwreck.
He then turned to philosophy, saying he made a great fortune from the experience.

ADVICE

Stoicism in Business

Business owners can apply Stoic principles, like ethical decision-making, to their businesses.
They can choose to make positive changes, like paying fair wages or using US-made products.

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It can be hard to remember this when you see them on the news, lying through their teeth. It can be hard to remember when they cut you off in traffic. It can be hard to remember when they try to stop progress. It can be hard to remember when they say or do abhorrent things.

But we do have to remember, we have to remember, as Marcus Aurelius writes in Meditations that “all of us are working on the same project. Some consciously, with understanding; some without knowing it. Some of us work in one way, some in others. And those who complain and try to obstruct and thwart things—they help as much as anyone. The world needs them as well.”

And in today's Daily Stoic video excerpt, Ryan outlines 11 ways stoicism can improve your business. Very few ancient philosophies can be traced back to an entrepreneur, but one can: Stoicism. Around 304 BC, a merchant named Zeno was shipwrecked on a trading voyage. He lost nearly everything. Making his way to Athens, he was introduced to philosophy by Crates of Thebes, a famous Cynic, which changed his life. Within a few years, Stoic philosophy would be born. As Zeno later joked, “I made a prosperous voyage when I suffered shipwreck.”

Since then, Stoicism has been a source of guidance, wisdom and practical advice for millions. It’s been used by everyone from Marcus Aurelius and Seneca (one of the richest men in Rome), to Theodore Roosevelt, Frederick the Great and Michel de Montaigne. More recently, Stoicism has been cited by investors like Tim Ferriss and executives like Jonathan Newhouse, the CEO of Condé Nast International. Even football coaches like Pete Carroll of the Seattle Seahawks and baseball managers like Jeff Banister of the Texas Rangers have recommended Stoicism to their players.

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