This does not mean founders should work from a miserable basement, buy the cheapest equipment, or create a terrible environment for their employees.
There is a balance.
Build a comfortable office.
Buy what your team needs.
Create an environment where people can do excellent work.
But there is a difference between spending for excellence and spending for status.
A comfortable workplace can be an investment in productivity.
A luxury office chosen primarily to impress visitors is something else.
Good equipment can help employees perform their jobs.
Unnecessary extravagance simply consumes capital that could have been used to
build the bussines.
The Muslim founder should be able to look at every major expense and remember:
This money is an amanah.
The question is not whether the company can afford the expense.
The question is whether the expense fulfills the responsibility that came with being entrusted with someone else's wealth.
Where do you think founders most commonly cross the line between investing in the business and funding a lifestyle?