Four Pillars of BAM Preparation

Living in Thailand, we are surrounded by houses built on pillars. This picture hangs in our house, a constant reminder of the importance of strong foundations. I think of a BAM business being like a house built on pillars. No matter what shape the house is, what it looks like on the outside, the pillars (or foundations) must be strong to support the structure.

Each individual launching into BAM will have different experiences and a different journey of preparation. BAM models and strategies will naturally be diverse. God is creative and He has made each of us to be creative. There is no single BAM model that will work for everyone, everywhere. However, there are at least four common areas that need to be intentionally built to form a strong foundation for any BAM business. Like the pillars supporting a house, if one of these areas is weak or missing the whole structure will be unstable. If you are getting ready for business as mission, be intentional about building up these four pillars of BAM preparation:

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Five Tips for Starting a BAM Journey

Getting stirred up for business as mission? Wondering how to get started, here are our top five tips:

1. Seek the Lord

Take time to pray. If God is calling you to serve Him in business, ask where, when, how, with who? What path of preparation is He leading you on?

2. Connect with BAM stories

Read about real business as mission experiences, or go to an event where you will hear practitioners share their stories. Stories bring ideas alive for us by literally lighting up more areas of our brain!

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Business as Mission: A Three-fold Mandate

by Mats Tunehag

Business is more than making money, at least it should be. According to the “father of capitalism” Adam Smith, businesses exist to serve the general welfare.

The computer pioneer Dave Packard said: ”Many people assume, wrongly, that a company exists simply to make money. While this is an important result of a company’s existence, we have to go deeper and find the real reasons for our being. People get together and exist as a company so that they are able to accomplish something collectively that they could not accomplish separately – they make a contribution to society.”

In the last few years we have been able to witness the effects of a global economic crisis. Mahatma Gandhi’s list of seven deadly social sins seems to be an accurate diagnosis for some of the causes of this crisis. It has been too much…

  • politics without principle
  • wealth without work
  • commerce without morality
  • pleasure without conscience
  • education without character
  • science without humanity
  • worship without sacrifice

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Assessing the Viability of a Great Commission Company

by Steve Rundle and Tom Steffen

The following are just a few of the questions that should be asked when assessing the viability of a Great Commission Company (GCC).

Economic Viability
  1. Is there a clear statement of the purpose and goals for the company?
  2. Does the management team have the appropriate experience and training?
  3. Can the business create and maintain a competitive advantage?
  4. From a financial perspective, is the business an attractive investment?
  5. Is there a clear path from start-up to financial sustainability?
  6. Are there investors and other advisers committed to helping the company reach financial sustainability?
  7. Is this a business concept that has worked in other contexts?
  8. What are the risks?
  9. Is the business model flexible enough to allow for expansion, changes in direction or alliances with other companies?
  10. How will the net earnings be distributed?
  11. How and when can the investors expect to be repaid?

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Thinking Bigger About Business: Biblical Foundations for BAM

What does God say about business? What were His intentions when he made enterprise part of His design for human society? For those pursuing business as mission it is essential to build on solid Biblical foundations.

Three reasons to build a Biblical foundation for business, work and economics:
1. Broadening our horizons

Most start with a particular motivation when they launch into BAM and there is nothing wrong with that. However, embracing all the ways that business might positively impact a community will give us greater potential to intentionally create that impact. Let us understand and embrace the fullness of God’s design for business. Let us celebrate His intentions. As we do that, we will have to say, “Wow!” God is so creative and He has given us the ability to be creative, to add value, to make money, to create wealth and come up with new innovations, that provide livelihoods, that help a community develop, that help us live in peace, that close the door on exploitation, that give lives meaning and transform people’s values, that communicates the Gospel… These are all God’s gifts to us in business! Read more

Entrepreneurs on Mission: Two Barriers to Break Through

by Mark Russell

There comes a day when we sit back and ask ourselves what we are going to do with our lives. In a sense, I am still asking myself that question. But many years ago I felt a nudge, a call if you will, to spend time in cross-cultural contexts advancing the gospel. At the time, I had no idea what that entailed. The only role models I had to look to were the missionaries I had met in Paraguay. They were either medical doctors or preachers. As a business student, it seemed I would have to leave behind my business interests and develop a new set of skills.

A few years into my overseas ministry, I began to ask myself some new questions about why couldn’t one be a businessperson and a kingdom builder at the same time.   At the time I was working in a traditional missionary setting, but quickly found that a lot of people resonated with my search to integrate business and mission. Later, I realized that people all over the world were working independently to the same end. It seems God is up to something.

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