Purpose
Principles
Profit
The 3 P's of Christian Business Success: Purpose, Principles, Profit.
What drives the world of Business:
The ultimate goal of entrepreneurial risk-taking is "making money" measured in terms of profit. Profit is the reward for financial risk and it is the key driver of business activity and ambition. The relentless pursuit of more and more profit is often a core motivator of human behavior in the world of business.
Money has an additive influence on humans because of what it can buy, the glamour and attention it attracts, and the power it brings to dominate and control the lives of others. When profit and power become the central theme of our lives, it corrupts us and festers into greed.
Not all entrepreneurs are driven by greed, but those who are, often find themselves "walking in shades of gray," compromising core values of integrity, honesty and equity for financial gain, (deceptive business practices, disrespect or mistreat others, strategic cheats on taxes, etc.) This ultimately has adverse consequences, and those who yield to this, pierce themselves and others through with many sorrows (1 Tim 6:10).
Who we are as Christian entrepreneurs:
Christian entrepreneurs are first and foremost followers of Christ, which means that while profit and money are important outcomes of our business activity, they are not the main motivation for us.
Our primary responsibility as Christians is to yield ourselves to God so He can use us to advance His agenda on the earth. His instruction to His disciples (us) to "go into all the world and preach the gospel" (Mark 16:15) carries with it the power of God to fulfill His earthly agenda, which is the redemption and salvation of mankind, one person at a time (Romans 1:16).
If our calling as Christians is to advance this agenda, then our call as Christian entrepreneurs is to do this in our world, the world where we have connection and influence, the world of business.
For us then, "business" is not about the relentless pursuit of profit, but we have a higher calling, and eternal objective that places God's Kingdom purpose and principles above the pursuit of financial gain.
For us, profit is qualified by God's purpose and principles and when we become financially successful in this way, there is contentment in it, with no sorrow or regret added. (Proverbs 10:22)
Final Thought:
I submit that Purpose, Principles and Profit must form the core standard operating procedures for Christian or "Kingdom" entrepreneurs. How well we pursue and incorporate these three in our business processes and strategy will determine what "success" will look like for us. This is the foundation that I try to build in my own consulting business and in the businesses of my clients who embrace this truth.
I will be providing insights in future writings on how to pursue God's Purpose, how to adopt His Principles in our businesses, and to implement financial strategies to generate sustainable, ethical, purpose driven Profit.
Stay tuned for my "3 P's of Christian Business Success" and I look forward to connecting with you.
God bless.
Robert.
What changed you Robert?
Almost everyone in the so-called "free world" has heard the name Jesus Christ, and recognize who He is as a historical figure. Then, there are those of us who have come into a life-altering realization of Jesus as God in the Flesh, personal Savior, Redeemer, and Lord of our lives.
We experience a new life, being born of the Spirit and personal transformation as we follow His word day by day. We gladly identify with His name (Christian) are led by His Spirit, we hear His voice, know Him personally and follow where He leads.
For those for whom this has become a reality, nothing is ever the same again, including how we conduct ourselves as entrepreneurs.
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Here are a few of the topics we will be covering soon:
Phase 1: Basic training: Booth Camp for Christian Entrepreneurs:
1 Four Spiritual disciplines every Kingdom entrepreneur must develop
2 What is an "entrepreneurial mindset" and do you have it?
3 Due diligence: Things you must do before starting your business
4 How to evaluate your business model
5 Choice of legal entity (Sole proprietor, Partnership, LLC, S Corp C Corp) which is most appropriate for you and why
6 Basic business finances: Assets, Liabilities, Income, Expenses, Profit and Cash flow: What are these and why are they important to you
7 Basic compliance issues: record keeping, Taxes and Annual returns
Phase 2: Technical Topics for more advanced businesses (simplified):
1 What makes a business grow? (Model, Opportunity, Capital and Leadership)
2 Capital: How much do you need and where to source it
3 Setting sales and marketing targets: Break-even and profit margin analysis (made simple)
4 Small business Key Performance Indicators (KPIs): what should you track and why
5 Avoid liquidity issues: Cash flow management for business owners - Projections and planning
6 Plotting your course: Setting business targets and budgets - Monthly management and evaluation of results
