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Tom Monaghan needed money if he were going to study architecture at the University of Michigan and one day follow in the footsteps of his idol, Frank Lloyd Wright. Borrowing $900 from his brother, Monaghan bought DomiNick's pizza shop in nearby Ypsilanti, followed by the purchase of a second store in Mount Pleasant. In order to save sign making money, Monaghan simply dropped the "ick" from DomiNick and added an "o." Thus began the second largest pizza franchise in the world, Domino's Pizza.
The 53-year-old board chairman and founder at Domino's Pizza grew up in poverty, spending many of his youngest years at a Catholic orphanage. Monaghan credits his deep religious faith to the influence of that institution. He begins each work day with exercise, twenty minutes of prayer, and attendance at mass. In the briefcase he carries every day to the office are two spiral notebooks. One notebook is red -- like the devil -- where he records his material desires in life. The other book is blue -- like heaven -- where Monaghan writes the spiritual aspects of his life. Since his personal worth is estimated at $480 million, Monaghan wants to guard himself against becoming too materialistic. Tom Monaghan realizes, "God has been good to me. I feel obliged to give something back." A great philanthropist, Monaghan has often said "I've always felt the most important thing for me is getting into heaven. When I die, I don't think Saint Peter is going to ask me how many pizzas I sold." Therefore, he has set for himself a goal before he retires: to build Roman Catholic chapels around the globe, especially in the Third World. Speaking to this one ambition, Monaghan proclaims, "We have 5,000 pizza outlets. My goal now is 5,000 chapels." In gratitude to God, Monaghan wishes to build one chapel for each pizza shop he owns.
Tom Monaghan decided he would refocus his life from that which made money to that which enriched spirituality. Monaghan understood what Jesus meant when he instructed you cannot serve both God and money.
The 53-year-old board chairman and founder at Domino's Pizza grew up in poverty, spending many of his youngest years at a Catholic orphanage. Monaghan credits his deep religious faith to the influence of that institution. He begins each work day with exercise, twenty minutes of prayer, and attendance at mass. In the briefcase he carries every day to the office are two spiral notebooks. One notebook is red -- like the devil -- where he records his material desires in life. The other book is blue -- like heaven -- where Monaghan writes the spiritual aspects of his life. Since his personal worth is estimated at $480 million, Monaghan wants to guard himself against becoming too materialistic. Tom Monaghan realizes, "God has been good to me. I feel obliged to give something back." A great philanthropist, Monaghan has often said "I've always felt the most important thing for me is getting into heaven. When I die, I don't think Saint Peter is going to ask me how many pizzas I sold." Therefore, he has set for himself a goal before he retires: to build Roman Catholic chapels around the globe, especially in the Third World. Speaking to this one ambition, Monaghan proclaims, "We have 5,000 pizza outlets. My goal now is 5,000 chapels." In gratitude to God, Monaghan wishes to build one chapel for each pizza shop he owns.
Tom Monaghan decided he would refocus his life from that which made money to that which enriched spirituality. Monaghan understood what Jesus meant when he instructed you cannot serve both God and money.
