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The Diamond Cutter by Geshe Michael Roach

The Diamond Cutter: The Buddha on Managing Your Business and Your Life

A very nice one-night lecture about Dharma and business that was given just as Geshe Michael Roach was finishing up his bestselling book The Diamond Cutter: The Buddha on Managing Your Business and Your Life. It’s one of the very first lectures Geshe Michael gave about business, which would later evolve into the Diamond Cutter Institute and teaching these principals to thousands of people around the world.

This lecture follows the outline of The Diamond Cutter book and covers three major principals or goals: Goal One—Making the Money, Goal Two—Enjoying the Money, or Managing Body and Mind, and Goal Three—Looking Back, and Knowing it Was Worth It.

The first principle is that the business should be successful: that it should make money. There is a belief prevalent in the modern world that being successful, making money, is somehow wrong for people who are trying to lead a spiritual life. In Buddhism though it is not the money which is in itself wrong; in fact, a person with greater resources can do much more good in the world than one without. The question rather is how we make the money; whether we understand where it comes from and how to make it continue to come; and whether we keep a healthy attitude about the money.

The whole point then is to make money in a clean and honest way, to understand clearly where it comes from so it doesn’t stop, and to maintain a healthy view towards it while we have it. As long as we do these things, making money is completely consistent with a spiritual way of life; in fact, it becomes part of a spiritual way of life.

The activity of creating wealth should not exhaust us so much physically or mentally that we cannot enjoy the wealth

The second principle is that we should enjoy the money; that is, we should learn how to keep our minds and bodies in good health while we make the money. The activity of creating wealth should not exhaust us so much physically or mentally that we cannot enjoy the wealth. A businessperson who ruins their health doing business is defeating the very purpose of business.

The third principle is that you should be able to look back at your business, at the end, and honestly say that your years of doing business have had some meaning. The end of every business enterprise we engage in, and in fact the end of our lives, must come to every person who ever does business. And at the most important part of the business—at the end, when we are looking back on all we have achieved—we should see that we have conducted ourselves and our business in a way that had some lasting meaning, that left some good mark in our world.

Options for Further Study

To deepen your study on the information introduced in this course, please refer to the following courses on The Knowledge Base:

Teachings about Business on The Knowledge Base