Posts

9 Keys for Successful BAM Deployment

Here are 9 Keys for Successful BAM Deployment that have been themes shared over and over by experienced BAM practitioners and mentors. These are principles and practices observed over years of listening to BAM pioneers, writing BAM stories and collecting information about how to do BAM. Many of these Keys have been shared by BAMers and BAM leaders over the last few weeks as we have explored the topic ‘Launching Out and Landing Well’ – they come out in the stories, snippets, and teaching we’ve shared, as well as in the BAM Think Tank research we’ve been drawing on.

1. Walk with God

Abide in Christ. It’s essential to be connected to the Vine, a growing disciple of Jesus, if we are to bear fruit! That means spending time listening and talking to God in prayer and being attentive to His calling and direction for your life. It means growing in Godly character as you are rooted in His word, and opening up to spiritual input from others. Prayer is mentioned over and over by BAMers as a foundation stone for BAM in practice, at all stages: preparation, launch and continued growth. Having a sense of call and leading from God is another often cited core driver for BAMers. Spiritual formation through discipleship and teaching is a life-long pursuit – whether through books, sermons, devotional materials, courses, retreats or intentional relationships. Making yourself accountable to peers or elders that will challenge you to grow in Christ-like character is another way to keep soft and open to the refining work of the Holy Spirit in our lives. Read more

Evaluating Business Ideas for Freedom Business Startups

by Christa Crawford

 

What are the most important questions to ask myself when evaluating a business opportunity?

My background is Business for Freedom – that is using business to bring freedom to people who would otherwise be trapped in trafficking, prostitution, or other forms of exploitation. The traditional model for reaching these people is the charity model, but in recent years there is a movement toward business, including business as mission. As such, much of my audience knows very little about business basics. For them, I would say that the most important questions are:

  • Is this business a good fit for the market?
  • Is this business a good fit for me?
  • Is there someone who can do this business better, and how can we partner together?

Is this business a good fit for the market? While this question may seem basic to business people, to many getting started in business for freedom the first question they ask themselves is “What can we sell?”, where they should really be asking, “What do people want to buy?” We must ensure that we are selling products that have the demand and quality to sell on their own, and not merely as “pity purchases.” Read more

5 Questions to Ask Yourself About Business, Language and Church Planting

Once a month, our panel of mentors answer your practical business questions. Send us your questions!

 

Dear BAM Mentor,

I can see that language acquisition is going to be essential to both business and church planting efforts in my target area, but it is a lot to think about. How have you seen language learning combined with business development and start–up? What has worked? Any other tips for successfully putting together business strategy and church planting strategy?

~ Planning to Plant

Dear Planning,

This is a good question and there are no easy answers. Your approach will depend your goals and your constraints.

Here are a few questions to consider:

1. How do you define business: one where you will be totally supported by your operations or one in which you will still receive outside funding to support your living expenses?

If you are okay with being subsidized through outside funding and able to raise such funding, even if for an initial timeframe, this will allow for more options. One option could be to spend more time learning a language for a period while you do some business-related work. Another benefit if you started a business would be that this support could sustain a period of losses, before profitability is reached. Read more

The Lost Will be Won in Their Heart Language: Business, Church Planting and Language Acquisition

Once a month, our panel of mentors answer your practical business questions. Send us your questions!

 

Dear BAM Mentor,

I can see that language acquisition is going to be essential to both business and church planting efforts in my target area, but it is a lot to think about. How have you seen language learning combined with business development and start–up? What has worked? Any other tips for successfully putting together business strategy and church planting strategy?

~ Planning to Plant

Dear Planning,

I find it impossible to think of ministry that could be in any way divorced or separated from what is happening in the course of everyday work during an entrepreneurial phase of starting a business. Ministry in this context must flow through the day to day activities of getting the business off the ground. You develop relationships with potential clients, government officials, employees, etc. It is these people you are able to reach with your witness, it is these people you do life with, and are able to share the Hope that you have in your Savior. However, having said that, I think it would be impossible to work on a church plant alone, and also successfully start a business. It is essential that a new entrepreneur be part of a church planting team where the rest of the team is not at the same stage of early development of their business. Otherwise there won’t be the capacity do everything that needs to be done in church planting and the business. One or the other will flounder.

To be an entrepreneur and pull off everything that needs to happen to successfully start a new business requires 150% of our capabilities. This will be the greatest walk of faith that we have ever experienced. Successful entrepreneurs have come to the realization that, until the business is off the ground, the thought of a 50 hour work week is long gone, perhaps for years. They will live, breathe, and dream their venture day and night. Whether in the shower, sitting at their desk, meeting with clients or suppliers, eating lunch, or watching their kids’ baseball game, they are constantly planning, processing, and thinking about their business. If you are not consumed by the business during the first phase of the launch, you are unlikely to succeed. Read more

The Importance of Language Skills for BAM and Church Planting

Once a month, our panel of mentors answer your practical business questions. Send us your questions!

 

Dear BAM Mentor,

I can see that language acquisition is going to be essential to both business and church planting efforts in my target area, but it is a lot to think about. How have you seen language learning combined with business development and start–up? What has worked? Any other tips for successfully putting together business strategy and church planting strategy?

~ Planning to Plant

Dear Planning,

We’ve seen that for 10/40 locations – such as China, India, the Islamic world – the statistics for BAMers wanting to stay more than 5 years are clear: you have to get to working proficiency in the local language!

Among PRI’s several hundred non-nationals (since 1990), 90% of those who made it to working proficiency in the local language achieved this proficiency prior to working in a job of 40 hours per week. There are exceptions to the rule, but very few BAMers get to working proficiency after starting working full-time on the field. If they do manage it, it is by bringing in a tutor from 7:30 to 9am in the morning – not recommended! Instead we recommend financial support from donors for the language acquisition period. It’s not current 2015 market reality to ask to ask the company to pay for it. Read more

More About Company Boards and How to Build Them

Once a month, our panel of mentors answer your practical business questions. Send us your questions!

 

Dear BAM Mentor,

I keep hearing that having an Advisory Board is good idea for a BAM company. How is an advisory board different from other kinds of boards and how should I go about setting one up?

~ Needing Advice

Dear Needing Advice,

We must first determine what type of Board you are inquiring about. Usually, an Advisory Board is used to give strategic advice on a narrow topic. A Board of Directors, on the other hand, is who the CEO is accountable to. They give advice on a broader range of issues. This position has some legal responsibilities and Board members on large companies can wield considerable power since they hire and fire the CEO.  This is highly unlikely in a BAM company, however. 

Let’s talk for a minute about a Board of Directors. You should have such a Board. You, as CEO, need to be accountable to someone outside the company that has direct experience in what you are doing and can likely spot a potential pitfall before you can. Otherwise, it is more likely that you will make a significant mistake – and we all do – and there will be no one to help guide you through a particularly tricky situation. Read more

An Abundance of Counselors: Practical Steps to Set Up an Advisory Board

Once a month, our panel of mentors answer your practical business questions. Send us your questions!

 

Dear BAM Mentor,

I keep hearing that having an Advisory Board is good idea for a BAM company. How is an advisory board different from other kinds of boards and how should I go about setting one up?

~ Needing Advice

Dear Needing Advice,

The question arises as to the purpose and practicality of an Advisory Board for a small business or a startup. I have had advisory boards for several of the businesses I’ve launched and served on advisory boards for others. Needless to say, I am a big fan.

King Solomon put it like this:

“Where there is no guidance, a people falls, but in an abundance of counselors there is safety.”  Proverbs 11:14

“…for by wise guidance you can wage your war, and in abundance of counselors there is victory.”  Proverbs 24:6

The basic premise of an Advisory Board is that, rather than try to figure out everything on your own, you can enlist the wisdom, perspective and experience of others to help you “wage your war.” In addition to advice there is also a healthy element of accountability – something many entrepreneurs don’t want, but something all of them need. Read more

Patrick Lai on Mentoring [Book Excerpt]

One of the 11 building blocks of BAM or Business for Transformation (B4T) is “having a good mentor.”  Patrick Lai writes about this in his new book, Business for Transformation – Getting Started new on Amazon this month. Here’s an excerpt on this key topic.

Mentoring – Accountability

My wife has been known to say, “I love ministering. I just wish it didn’t involve people.” Every one of us is a sinner. We each have areas of temptation and sin. We need spiritual elders who will walk alongside us to assist us in maximizing God’s glory in and through us. In many situations, peer accountability is fine, but my research shows peer accountability is less effective than elder accountability. I think this is because peers leading one another are like the blind leading the blind.

In business, most reporting is done verbally, face-to-face. Bosses meet or communicate with their direct reports daily. We want to both see and hear that the work is being done and being done correctly. In business, people do not write up reports about themselves. Whether we are Christian or not, when we write up reports about ourselves, we are revealing only what we want to tell. And if we are honest, most of us view our work and ourselves better than we really are. Read more

The Role of an Advisory Board for a BAM Business

Once a month, our panel of mentors answer your practical business questions. Send us your questions!

 

Dear BAM Mentor,

I keep hearing that having an Advisory Board is good idea for a BAM company. How is an advisory board different from other kinds of boards and how should I go about setting one up?

~ Needing Advice

Dear Needing Advice,

When we hear the word “board” most of us think of large corporate Boards of Directors. A Board of Directors in a joint stock company in most jurisdictions is the legal voice of the owners and is responsible to them for giving strategic direction to the company and for selecting and monitoring company management. This sort of board has the authority to hire or fire the general manager and is the highest decision making body short of the general assembly of all the owners. But there are other types of boards as well. 

Advisory boards differ from boards of directors primarily in that they do not have the legal authority to enforce their decisions. Advisory Boards are used around the globe for different purposes and can be boards of key customers, boards of technical experts or, as is common for many BAM companies, non-binding management advisory boards. Read more

Staying on Track: Metrics and Accountability for BAM Companies

How are we doing? How do we know how we’re doing? These are two important questions for all businesses!

One of the most commonly mentioned fruitful practices for BAM practitioners is to have solid input from either mentors or an advisory board, or both. These are the people that will help keep a BAM company on track. Alongside people, systems for measuring and evaluating progress are needed. BAM companies will stay on track as they set goals and then hold themselves accountable to those goals, measuring and evaluating progress as they go.

Many Counsellors

No BAM practitioner is an island! BAM companies are part of a web of relationships, with clients, suppliers, employers and stakeholders of all kinds. Part of that web is the support network that the BAM practitioners have around them. BAMers need what I think of as 360° support – and that includes different people who will give them coaching, mentoring and wise counsel on various aspects of their BAM objectives. Read more