The Hasidic Man Who Created Millions Out of Nothing | KOSHER MONEY
Kosher Money
Living Lchaim
5 • 781 Ratings
🗓️ 28 February 2024
⏱️ 66 minutes
🧾️ Download transcript
Summary
Embark on an extraordinary journey with us as we unfold the remarkable tale of a Hasidic man who arrived on American shores with nothing but ambition.
Witness his transformation from being penniless to becoming a prosperous icon of success, crafting a multi-million dollar empire from the ground up with the help of Hashem.
His story is not just one of accumulating wealth but also of unwavering faith, relentless perseverance, and a steadfast commitment to Jewish values.
He was kind enough to visit the Living Lchaim studio and share the lessons he learned along the way.
Watch now and discover the secrets behind turning bold visions into breathtaking reality.
To contact R' Yonasan Schwartz with your follow up questions, comments and more, email him at [email protected]
CHAPTERS:
00:00 - Intro
00:47 - Rav Yonasan Schwartz’s Background
05:47 - Exploring Passions
07:17 - Why Toys?
08:18 - Embracing Risks in Business Beginnings
10:23 - Small Strides, Great Success: The Power of Incremental Growth
13:06 - Hasidic Jews in Business
15:46 - The Donors’ Fund
17:35 - Don’t Play the Victim Card
20:46 - The Hasidic Mentality in Business
22:43 - Rethinking the Role of Formal Education in Business"
26:37 - Digital Compassion: The Ripple Effect of Kindness on WhatsApp
28:49 - Balancing Tradition: Navigating Modern Excess in Jewish Celebrations
38:49 - Twillory
40:00 - Continuing to Navigate Modern Excess in Jewish Celebrations
49:51- Building Tomorrow: The Importance of Educating the Future Generations
51:52 - Navigating Business Success in the Digital Age
53:43 - Colel Chabad
55:16 - The Tranquility of the Sabbath
57:08 - Additional Thoughts From Rav Yonasan
1:01:48 - How You Can Reach Rav Yonasan
1:02:24 - LivingSmarterJewish.org
1:03:34 - Outro
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Transcript
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| 0:00.0 | Pivot. Who goes from being a butcher to a wedding entertainer to opening one of the largest |
| 0:06.3 | Jewish toy store businesses in the world? Meet the great Rebionis and Schwartz, a natural businessman |
| 0:13.1 | who shared his business journey with us and the money lessons he's learned along the way. |
| 0:19.4 | A phenomenal conversation. |
| 0:25.6 | If you're listening on an audio platform and don't understand the bit of Hebrew or Yiddish, |
| 0:26.6 | stop what you're doing. |
| 0:34.3 | Transition to our YouTube video where our awesome team subtitled a lot of the Hebrew and Yiddish into English subtitles. |
| 0:36.0 | Enjoy this week's episode. |
| 0:39.4 | Being a Jew, awesome. |
| 0:42.9 | Managing personal finances, not so awesome. |
| 0:44.4 | Welcome to Kosher Money. |
| 0:51.5 | A returning champion, a guest, he's been here before, Rabiannezzan Schwartz. |
| 0:52.4 | Nice to be back. |
| 0:54.1 | My brother said, you shared things. |
| 0:55.6 | I don't get to listen to all those episodes. |
| 0:58.0 | I listened to a little bit, but I didn't want to spoil it. |
| 0:59.1 | It really resonated. |
| 1:02.8 | Tens of thousands of views and I'm sure you got quite a few phone calls. I got a lot of phone calls and a lot, a lot of feedback about this episode. in the Hasidic community, literature community, even in the Malan community. |
| 1:11.6 | A lot of funcos from the five towns about the subject of Sheducham and tremendous feedback. |
| 1:19.6 | So this episode we're going to talk a little bit about business, about money. |
| 1:23.6 | What was your upbringing like as it relates to money and finance? |
| 1:29.7 | So I grew up in Meishore, as I said to your brother last episode. |
... |
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