What’s My Role in BAM? Discovering Where You Fit in the BAM Movement

The Business as Mission (BAM) Movement is rapidly gaining momentum. More and more believers are realizing that business is a key avenue God is using to further his Kingdom purposes. Where do you think you fit into the greater picture of BAM? Without a doubt, it takes a whole “ecosystem” of individuals to make a BAM company become reality.

Support Team Members Needed!

Every BAM business will need a support team around them to implement the business strategy and spiritual strategy. Some BAM businesses start only with the entrepreneur but it is advisable to grow your support system from the beginning.

Here are just some of the types of people, skills and support that an BAM startup will need:

A Spiritual Support System

A BAM business uniquely prioritizes spirituality and bringing people closer to knowing Jesus Christ. Therefore, the following are roles needed:  Read more

How Agriculture Ends Poverty: 
3 Discoveries About What Works

by Roxanne Addink DeGraaf

Growing up in Iowa, the agricultural heartland of the United States, I was surrounded by farms. I remember childhood summers milking cows and “walking beans” (walking between rows of soybeans to pick weeds) on my grandparent’s farm. I saw how the farm put food on the table, as I always enjoyed a cold glass of milk from the dairy after chores.

After college, I began to understand agriculture from the perspective of small-scale farmers in Kenya. I worked for two years alongside women who spent long days in their fields to not only put food on the table, but also to earn an income for their families. Everything from buying school uniforms to medical services relied on their farm’s output.

And this is not unique to Kenya. Traveling the globe with Partners Worldwide, I’ve continued to witness the centrality of agriculture in many countries and communities where we work, from subsistence farmers to thriving cooperatives.

Agriculture: A Primary Occupation of the Poor

While employment in agriculture is declining overall, agriculture is still the primary occupation for one in three people in the world (FAO). For people living in poverty, 70% live in rural areas and the majority are involved in agriculture (World Bank/Gates Foundation).

At Partners Worldwide, these facts are shaping how we work towards our vision to end poverty through business so that all may have abundant life.

We recently launched a pilot initiative focused on supporting and leveraging the resources of our partners in Africa who were already serving the agricultural sector. This pilot has been our learning lab. We’ve had some failed experiments, while other interventions have led to powerfully positive outcomes. Overall, the results affirm the vital role that agriculture plays in ending poverty.  Read more

A Powerful Role: How Business Fights Human Trafficking

Human trafficking is one of the biggest travesties in our world today. Countless nonprofits, law enforcement units, and governments are taking a stand to address this global humanitarian crisis. Yet, where does business fit into the bigger picture? If you are a business person with a heart to do something to fight human trafficking, you can actually play a much bigger role than you may think.

Not For Sale: “Business Can Change the Tide Against Modern Slavery”

You might have heard of Not For Sale as a frontrunner nonprofit in the fight against human trafficking. What you probably don’t know is that in recent years, cofounder and president, David Batstone, has shifted their focus primarily towards business initiatives and job creation, rather than on humanitarian aid and rehabilitation. Not for Sale sees their contribution in the fight against human trafficking as preventing exploitation before it even happens, and believes business is a powerful tool in that process. Not for Sale partners with businesses to bring trafficking prevention to a whole new level. Their conviction:

“The responsibility to end modern slavery requires us to use our heads, as well as our hearts. We must use our courage to ask a new question, ‘How do you stop this before it happens in the first place?’…We believe business can change the tide against modern slavery because we’ve proven it with our own sweat, tears, and capital. We test our ideas, and help others do what works.”  Read more

Get Started Growing: Maximizing Startup Success

AND THE AWARD GOES TO...

Our goal is to provide the BAM Community with the best content and resources available. As we head into summer we are highlighting various articles and resources which have stood out in the past 6 months. Below is the “Editor’s Pick” for January to July 2017.

Please enjoy and thanks for following!

by Stu Minshew

On the theme of ‘maximizing BAM success factors’ we’ve invited guest authors to highlight what they consider key factors contributing to success and growth for BAM practitioners. Previously we’ve covered ‘breaking through your growth ceiling’ for an established business. But what if you are a startup? What if you have a business idea and want to know how to maximize your success from the get-go? We asked entrepreneur and CO.STARTERS trainer Stu Minshew to share what he’s learned about maximizing startup success in this five part mini-series.

Part 1: Get Started Growing

Starting and growing a business is a calling from the Lord. If you ask anyone who has done it, they will tell you how exhilarating it can be, but also how it sometimes seems overwhelming and impossible. The truth is that it doesn’t have to be this way. Yes, it always requires hustle and flexibility, but taking a few simple actions can equip you to overcome obstacles to starting and growing your business to a level of sustainability.

During this series, we will explore these steps, but before we get to those, we need to discuss a few foundational points.

Foundational Point 1: Startups & Small Businesses Have Different Needs

In 2016, The Bureau of Labor in the United States shows that about 50% of businesses make it five years, while only about 30% make it past the ten year mark. If this is the reality, then starting a business doesn’t look like such a good idea.  Read more

Finding the Right Business Model or Being the Right Business Leader?

AND THE AWARD GOES TO...

Our goal is to provide the BAM Community with the best content and resources available. As we head into summer we are highlighting various articles and resources which have stood out in the past 6 months. Below is the “Staff Pick” for January to July 2017.

Please enjoy and thanks for following!

by Dave Kahle

“Is there one business model that you would recommend to a budding entrepreneur?”

That was the question a young man asked me recently. I reflected for a moment over the past 25 years, and answered this way:

“No. I’ve worked with over 500 businesses, and in that pack there were lots of different business models. What I’ve seen is that the model is less important than the implementation on the part of the company’s leadership.”

Let me explain. It is, of course, possible to have a flawed business model. But, honestly, I have only seen one or two of those, where, no matter what the leadership does, the business is not going to survive. It’s just a bad idea.

These are usually the result of people who are passionate about a product or idea. Unfortunately, that passion displaces common sense, and they ride that idea until it has siphoned their resources and depleted their energy.

The world is not full of bad business models. On the other hand, it is crammed with models that can and do succeed, providing the leadership is effective.

The path toward success is rarely formed by the business model. Far more important are the skills and character of the leadership. Drop a highly skilled, high-character entrepreneur into any model, in any market, and watch as he/she leads that company to growth, prosperity and market leadership.

The ultimate path for business success is far more about improving yourself than it is about finding the right product, market or model. Read more

Wealth Creation for Holistic Transformation

AND THE AWARD GOES TO...

Our goal is to provide the BAM Community with the best content and resources available. As we head into summer we are highlighting various articles and resources which have stood out in the past 6 months. Below is the “Most Popular Post” for January to July 2017.

Please enjoy and thanks for following!

by Mats Tunehag

“Remember the LORD your God, for it is he who gives  you the ability to produce wealth.” (Deut 8:18)

The Bible talks about wealth in three ways; one is bad and two are good. Hoarding of wealth is condemned. Sharing of wealth is encouraged. But there is no wealth to be shared unless it has been created.

Wealth is not a zero-sum game. Different kinds of wealth can and should be created, and can increase. All too often in the church the issue of wealth creation is misunderstood, neglected, or even rejected. The same thing applies to wealth creators.

Wealth creation is both a godly gift and a godly command (Deut 8). The people of Israel were commanded to seize business opportunities in mining and agriculture, and as a result the nation would prosper. However, God reminded them that wealth creation was a gift from him. It should be done in community and for community, recognizing the covenant, being accountable to God, and being mindful of blessing all peoples.

Wealth creation in and through business is beyond corporate philanthropy. Businesses do not exist to simply give away profit. They primarily exist to create different kinds of wealth for people and societies. It is not only about financial wealth, but also social, cultural, intellectual, and spiritual wealth.  Read more

5 Ways to Increase Spiritual Impact In and Through Your Business

A defining characteristic of a BAM company is that it intentionally integrates business with missional purposes. Yet, sometimes it can be challenging to figure out how to do so practically. Here are 5 areas that business owners and leaders can increase spiritual impact in the companies they oversee:

1. Keep God First

“Whatever you do, work at it with all your heart, as working for the Lord…It is the Lord Christ you are serving” (Col. 3:23-24).

  • Establish spiritual principles and values and integrate them into the mission, vision, and objectives of the company. Review how well you are abiding by these principles during all stages of the company’s development.
  • Create a Spiritual Impact Plan that has specific goals for how you run your company with spiritual objectives in mind.
  • Invite accountability to maintain the purpose of your company. Appoint a person or group (often called an advisory board) with the responsibility to assess and evaluate how well various departments and projects are aligned with the stated mission, vision, and values within the company.

Read more

How Enterprise Can Fight Slavery: The Freedom Business Alliance

We talked to Jennifer Roemhildt Tunehag about the Freedom Business Alliance initiative and the upcoming Freedom Business Forum.

We are hearing the term Freedom Business being used more and more, what is a ‘Freedom Business’? 

It’s a business that exists to fight human trafficking. There are several types of business that fit into this category:  businesses that create jobs for survivors of exploitation would be the most familiar, but we would also include businesses that hire vulnerable people in order to prevent exploitation, as well as the aggregators who take products from these first two to new markets. A fourth category would be businesses that provide services specifically to and for other freedom businesses (ie., communications, logistics support, etc). Finally, there are businesses who have devoted the profit from their companies to fight trafficking. These are also part of the freedom business ecosystem.

We sometimes call freedom business the ‘backwards business’. In a normal business paradigm, an entrepreneur sees an opportunity to create a product or service that meets a need in the market. By gathering a qualified staff, he sets himself up to make a profit. 

In contrast, a freedom business starts with the group of people it intends to employ. In businesses working to prevent human trafficking and exploitation, those people have been made vulnerable by poverty, lack of education, or other challenging variables. For those in business for restoration, the difficulties are greater.  Their employees have already been victimised, and the resulting trauma creates levels of complexity in life and employment. Read more

When Things Go Right: 8 Success Factors to Keep You from Failing

To round out our ‘Learning from BAM Failure’ series, we circle back around to what helps you succeed. We asked the same BAM practitioners who shared failure stories to also share what kept their businesses from going under completely.

We asked: If you had to give the top two or three reasons for your overall business success, what factors would you share?

Here is a rundown of their combined responses in a Top 8 list of ‘What Went Right’

1. Build a wider network and community

Mentioned in some form by almost all the practitioners we asked, top of the list is creating a robust network around the business and its owners. These BAMers said that forging strong partnerships and building a community of mentors/supporters was key. Avoiding isolation is vital.

Having world class partners has been essential.

As an owner, share the challenges you face with your board, investors, mentors, etc. Tell the truth, early and often.

Surround yourself with counsel. Stay attached to God and his people either through a church/agency or personal mentor or coach.

I’ve succeeded because I’ve had a spouse that has stood by me through thick and thin, not to mention a relationship with my business partner built on tremendous trust and respect. It’s also been important to have mentors and coaches walking closely with us.

A success factor for me has been being well networked in the wider business community as well as the BAM community nationally.

Integration with the local University has been essential. Strong relationships with key professors has allowed us to get first picks on some of the best students who come to do internships with us and eventually become junior staff members.

Read more

When Things Go Wrong: 9 BAMers Share Mistakes & Misadventures

We asked some (otherwise very successful) BAM Practitioners that we know to share some of the errors, disasters and unfortunate events that they have experienced in their business as mission journeys. Here nine BAMers share eleven stories about their mistakes and misadventures:

They Didn’t Come…

In our first years we did not have enough focus on sales and revenue, it was more of a “build it and they will come” mindset. It almost killed us. Then the solution was to hire a sales guy in the US, but the problem was twofold; first I should never have tried to outsource sales so early as CEO and second I hired a great guy but one that had bigger company experience and not the early entrepreneurial sales experience needed at our stage. This was a second failure on the sales side that almost killed us. I have come to fully understand the saying “no margin, no mission” and put sales as a key priority for myself until we got fully into orbit and could hand it off to the right person with right experience for our company stage, deal size and industry. MC

Too Many Cabinets

There’s two ways you can kill a startup: too little business and too much business. A couple of years ago, our 5 month old custom cabinet business was featured on our local news station. In our exuberance, we signed up too many customers with an unrealistic view of how quickly we could complete jobs. In less than a month, we had ended up with upset customers and significant cash flow problems as we made mistakes in our rush to complete jobs whilst also missing deadlines. In this case, we were able to recover our financial footings through a few key factors: Our product ultimately was a good fit with customer demand, so after apologizing and then completing jobs satisfactorily, we were able to refine our product and service to even better serve our customers. We started specializing in only Shaker Cabinets which sped up our production time and allowed us to more strategically market to our customers. Finally, our grasp of our cash flow position enabled us to raise funds in time (through God’s abundant blessing) to make it through our mistake and onto the future. JR  Read more