For Subscribers

Charity Begins at Work

Here's one entrepreneur with divine inspiration.

By Geoff Williams

Opinions expressed by Entrepreneur contributors are their own.

When you think of a monk, you may not think of someone like TheRev. Bernard McCoy, 36, who began LaserMonks out ofThe Cistercian Abbey in Sparta, Wisconsin. McCoy and his fellowmonks of the Cistercian Order offer up to a 75 percent discount onimaging supplies for printers, copiers and fax machines-when theyaren't spending five to seven hours per day in Gregorian chantand prayer. After expenses are paid for the business and themonastery, revenue has gone to everything from getting adefibrillator for the local fire department to providing freecomputer training for orphans in Vietnam. In 2002, its first yearin business, LaserMonks only sold $2,000 worth of supplies. Thisyear, thanks to a friend handling marketing on the cheap and mediaattention in the likes of USA TODAY and MSNBC, estimates areat about $500,000.

What are some of the challenges youface when mixing religion with business?

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Related Topics

Editor's Pick

Everyone Wants to Get Close to Their Favorite Artist. Here's the Technology Making It a Reality — But Better.
The Highest-Paid, Highest-Profile People in Every Field Know This Communication Strategy
After Early Rejection From Publishers, This Author Self-Published Her Book and Sold More Than 500,000 Copies. Here's How She Did It.
Having Trouble Speaking Up in Meetings? Try This Strategy.
He Names Brands for Amazon, Meta and Forever 21, and Says This Is the Big Blank Space in the Naming Game
Money & Finance

5 Things You Need to Know Before Taking Your Business Public

Ready for that next big step? Here are a few strategies to take into consideration when preparing for an IPO.

Business News

'This Conduct Is Wrong And Criminal': Amazon Consultant Will Plead Guilty To Bribing Amazon Employees

U.S. prosecutors charged six people for a scheme that involved bribes to Amazon employees for reinstating the accounts of sellers who were removed from Amazon.

Business News

These Are the Most and Least Affordable Places to Retire in The U.S.

The Northeast and West Coast are the least affordable, while areas in the Mountain State region tend to be ideal for retirees on a budget.

Business News

JPMorgan Shares 4 Charts That Put the Banking Crisis Into Perspective — and Show Why the Tech Recession May Already Be Over

Although 481 tech companies have already announced layoffs this year, a JPMorgan analyst noted that these headcount reductions seem to have peaked in January.