Abstract

Currently, the West is experiencing a surge in the popularity of Eastern philosophies and wisdom and their application to everyday life. This paper applies the philosophies from ancient China as expressed by Confucius and subsequent scholars in the Confucian tradition to contemporary entrepreneurship, Specifically, we explain the notion of the Confucian sage and the attempt to attain sagehood in general terms. We also elaborate on methodologies used by adherents to the Confucian tradition. Next, we introduce the concept of the contemporary sage entrepreneur and suggest traditional Confucian practices for facilitating the transformation of contemporary entrepreneurs into sage entrepreneurs. In addition, we focus on benefits of the entrepreneur's transition to sagehood. Propositions describing the benefits of Confucian practices and eventual sagehood are presented throughout the paper.

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