Posts

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

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

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

Cracking the Millennial Code: Insights for the Intergenerational Workplace

Every year, millions of “millennials” (born between 1980-1996), are entering the workforce. A recent extensive Gallup Report on millennials reports that there are over 70 million millennials in the U.S. alone, making up 38% of the U.S. labor force. Without a doubt, employers will increasingly need to know how to best work with millennials in the years to come.

Unfortunately, many employers and leaders feel they do not understand the millennial generation or how to maintain their loyalty in the workplace, concluding that millennials are an “uncrackable code” or even a lost cause. This does not have to be the case. Here are some common themes among millennials as well as practical insights about how to strengthen communication with them:

Millennials…
  • Are highly relational. Having grown up in an era of social networking and instantaneous feedback, millennials are accustomed to constant communication. Work environments that have hierarchical, top-down leadership and only focus on the task (while neglecting social aspects) are unappealing as compared to work environments that are collaborative and communicative.
  • Want to have purposeful, meaningful work. Millennials are very purpose and values-driven in terms of where they want to be employed. Many are not just looking for positions that can earn them an income; rather, they want meaningful work at companies that align with their personal values and passions. They seek out jobs that offer the best options to hone their skill sets, give them opportunity for advancement, and resonate with what they find important.
  • Appreciate honesty and transparency. Millennials appreciate coworkers and supervisors who can offer honest feedback and be transparent in addressing challenges. Additionally, as determined by CliftonStrengths, two of the top five strengths among millennials are Learner and Adaptability, which demonstrate their teachability when they receive reviews and critique.

Read more

Crucial Questions for BAM Startups

Perhaps you are a Christian professional interested in starting a Business as Mission (BAM) company, and want some guidance on next steps in pursuing that dream. There is much to learn from those who have gone before you in the BAM space. Here is a list of questions you will want to consider as your pursue starting a BAM business:

Entrepreneurial Drive

In order to start a new company, you need at least one individual that has the vision for a new product or service that meets a true felt need for a specific target market.

  • Are you an entrepreneur, and if so, do you have a team of people to partner with?
  • If you are person who enjoys keeping a business running, do you know a BAM entrepreneur that you can come alongside?
Spiritual Objectives

BAM companies are differentiated from other social enterprises in that they also prioritize spiritual objectives. If you have goals to honor and reflect Christ in the workplace, you will need leadership that is committed to those goals and has the ability to carry them out. To start a truly spiritually strong company, consider the following:  Read more

It Starts With You: Maximizing Startup Success

by Stu Minshew

On the topic 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. 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 2: Success Starts With You

Why would a series on starting and growing your business begin with a whole post dedicated to you? A good product or service is all it takes, right? While it is important to have a good product or service, the most important factor in the success or failure of your business is YOU.

Most businesses don’t fail because of poor products or fierce competition. They fail when finances are mismanaged, passion is lacking, and expectations are unrealistic. By starting with an in-depth look at yourself – including your passions, strengths, weaknesses, expectations, and financial literacy – you can take the critical first steps to launching a successful business.

Identify and Test Your Assumptions

We all have an idea of what our successful business will look like in the future. At this point, that picture might be a little blurry if your business is only a concept. However, getting a clearer picture of that vision is important for your success. It is going to provide you with a general target for how you grow your business.  Read more

Get Started Growing: Maximizing Startup Success

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

Wealth Creation Manifesto

Backgroundwealth creation manifesto cover 200

The Lausanne Movement and BAM Global organized a Global Consultation on The Role of Wealth Creation for Holistic Transformation, in Chiang Mai, Thailand, in March 2017. About 30 people from 20 nations participated, primarily from the business world, and also from church, missions and academia. The findings will be published in several papers and a book, as well as an educational video. This Manifesto conveys the essentials of our deliberations before and during the Consultation.

Affirmations

1. Wealth creation is rooted in God the Creator, who created a world that flourishes with abundance and diversity.

2. We are created in God’s image, to co-create with Him and for Him, to create products and services for the common good.

3. Wealth creation is a holy calling, and a God-given gift, which is commended in the Bible.

4. Wealth creators should be affirmed by the Church, and equipped and deployed to serve in the marketplace among all peoples and nations. Read more

Calling the Church to Affirm Wealth Creators

by David Bennett

‘What is the role of wealth creation in holistic transformation?’ Have you ever heard a sermon or participated in a small group Bible study that answered this question? If your answer is ‘No’, you are not alone.

Although I have been preaching and teaching the Bible for over four decades, I had never addressed that question explicitly. I had taught about the dangers of obsession with wealth, and the importance of good stewardship of wealth. I had discussed the importance of ethical creation of wealth, and the compassionate sharing of wealth. I had advised foundations and wealthy individuals concerning the wise distribution of their wealth. But I had never taught about the God-given role of wealth creators. I had not highlighted the potential impact of a growing business, not only in lifting individuals out of poverty, but in benefiting entire communities, caring for creation, and introducing people to the good news of reconciliation and shalom through Jesus Christ.

Mats Tunehag, our first Lausanne Catalyst for Business as Mission (BAM), expresses it like this, in a chapter for a book soon to published by the Korean BAM movement:

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 . . . All too often in the church the issue of wealth creation is misunderstood, neglected, or even rejected. The same thing applies to wealth creators.

Read more