Religion is one of the most pervasive and central topics in society. However, its relative neglect by entrepreneurship research leads to an insufficient understanding of entrepreneurial action. Read the academic article here from The Journal of Business Venturing Insights.
We understand that we are created in God's image, that he was a creator and a designer and therefore we are the same. As entrepreneurs we inherently get this at some level, but I think that we are well served by tapping in to this Biblical truth regularly as we look for an encouragement in our work. No one does a better job of this, in my opinion, than Jerry Bowyer.
Today, we share a high-caliber podcast series from NPR! How I Built This with Guy Raz dives into the stories behind some of the world's best known companies & movements and the innovators, entrepreneurs and idealists leading them.
A White Paper from The Christian Economic Forum — Dr. Emmanuel V. Dalavai argues entrepreneurial intentions and their motivation(s) are essential to understand better how Christians operationalize business formations by reviewing relevant theoretical backgrounds in support of an intentions-based model to explain entrepreneurship behavior.
The Lion's Den, with their conferences in Dallas and Birmingham, have been partners in the Faith Driven Entrepreneur movement for more than 5 years. Think "Shark Tank" meets the Kingdom of God and you have a sense as to what happens at these events. This is installment #4 of 4 highlighting their work. This video shows how The Lion's Den DFW and our partners are helping to connect like-minded, faith driven entrepreneurs and investors.
All entrepreneurs wonder how to keep business going for the long term. In this post, Philip Clemens shares how his family has managed to stay in business for over 123 years! There is some great insight, strategy, and suggestions to implement in any company in order to stay in business for the long haul.
“We are heading into the season where many business sales are going to wrap up and close before year-end. Typically, there are lots of good reasons to close a deal before year-end.” But there’s much more to it.
In this post, Bill High reminds leaders of the pros and cons of a business sale. He highlights a great opportunity during this process “If an owner donates some of his or her ownership interest prior to the sale, they can deduct the fair market value of the shares donated. Taxes go down. Giving goes up.” The key is in planning ahead!
The first time I encountered a corporate single-page Roadmap was I believe in 1996 when I’d been transferred to Pizza Hut from Frito-Lay and David Novak had his CEO role expanded from just running Kentucky Fried Chicken (KFC) to also helming Pizza Hut. David, and his Chief HR Officer, Gregg Dedrick believed in transparency and alignment so much that they rolled out to the organization a single page Roadmap that captured the business vision, objectives, challenges, goals and values/principles.
What you will see attached is not much different than that first Roadmap I saw, except that the first one from David was handwritten. Yes, handwritten, by David himself. Three years later he was still handwriting them once a year, but now in the Annual Shareholder Report for Tricon Restaurants (later to change their name to Yum! Brands), the newly spun out public company spun out of PepsiCo.
…The Roadmap serves as a great communication tool for all constituents of the company (customers, shareholders, analysts, recruits, etc.) So, after a lot of work by the team, we created and rolled out our Annual Roadmaps…
When I first started Amasia, I prayed hard that God would grow our firm to become a great success. I told him that I’d go anywhere, meet anyone, do anything… whatever it took I’d do it. But instead of giving me a tactic or a strategy, he gave me a picture.
Born in 1864, George Washington Carver was a son of a slave but was given the opportunity to study and become a scientist. He would begin each day and ask God to reveal secrets to him about plants and vegetables. It is reported that once Carver prayed, “Mr. Creator, show me the secrets of your universe.” “Little man, you’re not big enough to know the secrets of My universe, but I’ll show you the secret of the peanut,” was the reply. When he went to his lab, God downloaded to him over 300 uses of the peanut including various kinds of foods, oil, paint, ink, soap, shampoo, facial cream, plastics, and many other products.
Entrepreneurs are frenetic sources of energy and action. We're always very, very busy. We're usually behind on our email, and we bemoan that there are only 24 hours in a day. I've talked about Sabbath before, and I'll talk about it again I'm sure, but this post is about something related and yet different.
It takes about 6 minutes to read this article on taking time to think strategically, and it's worth every second.
Yesterday I shared the motivation that I discovered in the four-part gospel as I wrestled with why my work mattered to God. Today I touch on how that vision applies to the faith-driven entrepreneur, and I try to make it a bit more actionable.
Why does the four-part gospel matter for the faith-driven entrepreneur? Because the framework charges us to reflect the world as it should be, and business has the power to shape the world in meaningful ways.
There’s some small chance for those reading our blog over the past week that you don’t know that we have a podcast too. Well we do :). You’ll see that we have 3 episodes loaded up on Simplecast and iTunes. We’d love for you to check them out. We’d love your feedback and questions, and of course, if you like them, and know someone who might be encouraged by them, we hope that you’ll share them.