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Moving From Anxiety to Freedom as a Kingdom Entrepreneur

by Stu Minshew

 

Fear vs. Anxiety

Restless nights, imagining disaster scenarios, legs bouncing up and down, gulping caffeine to push through, poor concentration, irritable – Do any of these sound familiar? If so, you are not alone. Fear and anxiety, and their associated mental and physical markers, are extremely prevalent in the entrepreneurial world.

If you’re like me, I bet you can quickly name at least 3 fears or anxieties that you currently have about your business.

Do we have enough money in the bank?

Will our product or service sell?

What if my co-founder quits?

What if I get fired by my board?

Who’s my next major competitor?

Often, we think that once we reach our next business milestone, fear and anxiety will magically dissipate. Like me, you’ve probably found this isn’t true. In fact, each new milestone usually compounds my fears. The bigger you play, the bigger the stakes, the bigger the fears.

Success, higher profitability, and a bigger income doesn’t solve our problems and eliminate our fears. Thinking that it will is a lie Satan and our culture tells us on a routine basis. They are not bad goals in and of themselves, but when we turn them into mini “saviors”, they can have devastating effects on our mental and spiritual wellbeing.

Give It a Name

To break free from our fear and anxiety, we must begin by knowing when we are experiencing it.

Our fears often live in our subconscious, so we sometimes fail to notice when they are running the show. That’s why we need to be able to identify the mental and physical markers – insomnia, poor concentration, feeling down on yourself, jittery, eyes twitching, experiencing racing or unwanted thoughts, avoiding challenges, etc.

When you experience these markers, you’ll need to dig deeper to get to the root fears and anxieties causing them. If you are currently experiencing this, take some time to pray that the Holy Spirit will help reveal your root fears and anxieties.  Read more

Entrepreneur Mental Wellness Needs a New Story

by Stu Minshew

 

The Big Problem

As a global society, we’re having much more productive conversations about mental wellbeing. In many places, we’ve begun to normalize the struggles we all face, seek help, and encourage others to do the same. Yet some days, and in some circles, it feels like we still have a long way to go. I believe entrepreneur circles and startup communities have some work to do in this regard.

I’ve been in entrepreneur circles for many years and I wouldn’t change that for anything. But there is a problem, and as followers of Christ, we have the freedom and responsibility to shine the light on this problem. Doing so allows us to talk about it with openness and honesty in order to lovingly serve and care for our brothers and sisters who are entrepreneurs.

Businesses Creates Change

Business, and entrepreneurship in particular, can be and have been powerful change agents for God’s Kingdom. For thousands of years, business has transformed communities, cities, nations, and the globe. It has helped pull millions of people out of poverty.

Sadly, business has also had its share of greed-fueled disasters that have negatively impacted thousands of people, or even whole populations. Thankfully, these instances only represent a small portion of the history of business. The global story of business is filled with examples of positive impact. It has been used to drive development, education, and innovation. For those following Jesus, it creates opportunities to join His work to usher in the Kingdom. 

I see glimpses of God’s Kingdom in the world of entrepreneurship. The vast majority of Christian entrepreneurs I know are deeply committed to making a difference. Are they looking to make a profit and have more control over their schedule? Absolutely! But they also believe their product or service is glorifying God and improving their lives of their customers.

Many seek to improve the lives of their employees and point them to Christ. Others use the freedom created by entrepreneurship to transform their family or community. It may take on many forms, but Christian entrepreneurs are helping usher in God’s Kingdom.  Read more

8 Ways to Strengthen Marriage and Family Relationships: BAM Practitioner Tips

Those who have a family and run a BAM company will have already experienced the challenges and stresses in one spilling over into the other! Threats to the healthy functioning of family life can end up becoming threats to the health of the business, and vice versa.

To close this BAM Endurance series, we are sharing insights from 12 married BAM practitioners. In Part 1 read about the 3 greatest challenges to marriage and family life these BAMers have faced while running a company.

In Part 2, we offer 8 ways to strengthen marriage and family relationships that these BAM practitioners share from their own experiences:

8 Ways to Strengthen Marriage and Family Relationships

1. Get your priorities straight

At the foundations, are you putting the first things first in your life? BAM practitioners shared that having the right foundation for decision making – shaped by the word of God, and wise advice – led them to making better choices about how they spent their time.

The biggest lesson I’ve learned is that I own the business, the business doesn’t own me. If I value family time I need to structure my business in such a way that it allows me to spend time with them. There will always be busy periods at work but if I’m always working 14 hour days I’m not doing a good job structuring things. I love the classic business book, The E-Myth which is a great reminder that I need to be working “on” the business not “in” the business. It is possible to build a business the suits the lifestyle I want to live but it takes intentional planning, strategizing and structuring. – Peter, Nepal

There are certain habits I’ve leaned on over the years and one of them is reading the Word of God. While the entirety of God’s Word, through direct reading as well as through exposition by preachers, has been helpful in guiding my thoughts and actions, I have benefitted the most from reading Psalms, Proverbs and Ecclesiastes. These books of the Bible have helped me to recognize what is most important in life and to let go of things that are not fundamental to my identity and purpose in life. – John, India/USA Read more

The 3 Greatest Challenges to Marriage and Family Life: BAM Practitioner Stories

Some BAM practitioners are married. Some are married to their business partners! Some BAMers have children. Others don’t. The shape and size of our families – and our companies – varies tremendously. Those who have a family and run a BAM company will have already experienced the challenges and stresses in one spilling over into the other! Threats to the healthy functioning of family life can end up becoming threats to the health of the business, and vice versa.

As we close this BAM Endurance series, we share insights from 12 married BAMers on the three greatest challenges to marriage and family life they face while running a company.

In Part 2, we offer 8 ways to strengthen marriage and family relationships that these BAM practitioners have shared from their own experiences.

The 3 Greatest Challenges to Marriage and Family Life

Of all the challenges to health marriage and family relationships that the 12 BAMers shared, they essentially boil down to one of three main issues:

1. Time management and stress build up

2. Blurred lines between business and home

3. Lack of understanding and support

1. Time Management and Stress Build Up

The sheer scale of the task and the responsibilities of the business can easily overtake family priorities. Running a business can become all consuming and erode time that should be spent with family. For those who work together, this problem may be exasperated if you both enjoy working hard and end up with a lack of balance between work and family-focused time. In the short-term there may be seasons where the pressures of the business mean working longer hours. However, if this is allowed to become a long-term pattern, a build up of personal and relational stress will become a threat to healthy marriage and family relationships – and ultimately the business itself. Read more

The Ingredients for a Healthy Business Team Part 2: Best Practices

‘Team troubles’ were one of the top 4 reasons BAM mentors gave for practitioners giving up and going home. The ability to build effective teams and work through difficult team dynamics is therefore crucial for the sustainability of BAM companies. In this interview, we talk to Luke, a BAM business owner living in the Middle East, about his business story and what ingredients make for healthy business teams.

Read Part 1: Business Story

What general principles do you have for any company team for building healthy team relationships?

As soon as you want to build a scalable business the business team becomes super-important. The essence of a successful business is in the team, rather than the individual. To grow you need to be able to manage the business as a team, you need to be able to be on the same page.

I think at the heart of healthy team relationships there is good communication and honesty. These build trust, they reduce the sense of isolation, and they bring unity and agreement on strategy. This is particularly important for teams in multiple locations when there is a high risk of feeling isolated or misunderstood.

Honesty is crucial. Getting to the right level of honesty to enable the team to be most effective can be painful and humbling. Sometimes I don’t want to share when things go wrong, or it’s not looking as good as I hoped. Pride can lead us to partial honesty. I am talking about the temptation to overplay a lead or exaggerate about a potential client because you want to look good. However, partial honesty seriously reduces the ability of the team to manage the business, because they don’t have a clear enough picture of what’s going on. Read more

The Ingredients for a Healthy Business Team Part 1: Business Story

‘Team troubles’ were one of the top 4 reasons BAM mentors gave for practitioners giving up and going home. The ability to build effective teams and work through difficult team dynamics is therefore crucial for the sustainability of BAM companies. In this interview, we talk to Luke, a BAM business owner living in the Middle East, about his business story and what ingredients make for healthy business teams.

Luke, you have a company in the Middle East that offers corporate team building experiences. What lead you into that business?

My professional background is in engineering and engineering requires a high degree of collaboration. There is a strong need to work in effective teams. Then early on in my career, I worked on some projects in the Middle East that got me interested in the dynamics of business and recognising how companies create employment and other benefits for communities.

Over 20 years ago, we got involved in youth ministry with a mission organisation. As part of their training, this mission uses a very intensive week-long personal and team building exercise. Trainees are put under extreme pressure to see how they cope in a team situation. Our experience with that opened my eyes further to the need for healthy team dynamics. Mission workers spend months, maybe years, preparing to go overseas, but if their team falls apart, they may have to come home.

I realised I’d had years of training as an engineer and I didn’t just want to give all that away. I was learning lessons about effective teams myself and becoming motivated to help others be effective. Alongside that, I felt drawn to do business at a heart level. So I had a sense of calling to business, but  it was also becoming a personal passion. I was praying and asking God, “What should I do, youth ministry with this mission organisation or business and engineering?” When God spoke he said, “It’s AND, not OR – do both.” Read more

10 Habits for Maintaining Physical Health: Tips from BAM Practitioners

We are connected, whole human beings and our physical well-being is connected to our spiritual, mental and emotional well-being – as well as giving us the energy needed to keep our business running. Finding good habits to keep you physically healthy will be a great investment into your long-term BAM endurance.

We are all different but we can all find out what gives and what takes energy. Then we make systematic decisions to have more of the situations that give energy in our everyday lives. – HS, Europe/Middle East

Many of the helps to physical well-being that are identified below are nothing more than common sense. We are certainly not going to win any prizes for breakthrough health advice! Yet taking care of ourselves, our spirit, intellect, emotions and body, can be the first thing to be neglected when life is stressful. It’s important to revisit the basics.

Don’t miss Part 1: BAMers in Shape? The Ups and Downs of Staying Physically Healthy

The Good Habits

Here are 10 good habits for physical health that BAM practitioners have found helpful:

1. Find an exercise routine you can do anywhere

I do some exercise before going to bed. push ups and pull ups. I do a little bit of exercise in our yard as well. All of this helps. – Daniel, Haiti

Read more

BAMers in Shape? The Ups and Downs of Staying Physically Healthy

In our series on BAM Endurance, we are discovering how BAMers don’t just survive, but thrive for the long-term. As well as keeping their companies in good financial shape, how do BAM practitioners themselves stay in shape and pay attention to nutrition, sleep and exercise. We asked 12 BAMers about the main challenges to their physical health and what habits and resources keep them going.

The Challenges

Here are the challenges to physical well-being that were commonly mentioned by BAM practitioners:

Long Hours and Constant Pressure

Long working days and difficulty taking breaks is a very real threat to physical health, especially in the long-term. This kind of relentless schedule is almost par for the course for an entrepreneur in start-up phase. However the long-term sustainability of ‘burning the candle at both ends’ should be seriously considered.

Physically the amount of hours spent in a startup that often exceeds 60 hrs per week is challenging. Growing a company is always a constant battle. My experience is that when you are in the middle of it you are devoted and full of energy, but of course in the long run you pay the price. I need to be certain that this is what I am supposed to do, to make it worth the cost. Every one of us are burning down our candle for something and that is okay. We just want to know it is the right thing! – HS, Europe/Middle East Read more