2017 – Bible and Business

Planning in Proverbs

Planning is an essential part of leading a business. There are two basic concepts of planning in Proverbs: Plotting (תַּחֲרֹ֣שׁ, literally to plan secretly, usually something wicked) and Planning (מַחְשְׁב֣וֹת, literally the content of what a person is thinking about). The first word focuses more on how the evil plan their future. The second word is more instructive for us as Disciples of Jesus Christ. Proverbs has...

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December 10, 2017Theology and BusinessHonesty, Marketing, Planning, Proverbs

Theology and Business

The Unvarnished Truth

One of my undeniable truths of business ownership is #69: The moment you hire your first employee is the moment at which you stop knowing about everything in your business. Most owners really like to know what's going on in their business and all owners need to know what's going on in their business, but most do not know – and they don't know how to get...

December 3, 2017Theology and BusinessEmployees, Honesty, Lies, Truth

Theology and Business

Wealth in Proverbs

Business owners have unique opportunities to leverage the work and talent of others to create value for their customers and wealth for themselves. How a Christian Business Owner manages the wealth that God gives him or her (Deuteronomy 8) is a core stewardship issue about which God will evaluate the owner. So, given that the Bible gives us everything we need to know from the mind of...

November 25, 2017Theology and BusinessChristian Business Ownership, Proverbs, Wealth, Wisdom

Christian Stewardship

Foundations of Christian Stewardship Part II: It’s about God’s Agenda

The companion Videocast can be found here. The second element in understanding Biblical stewardship for Christian business owners is a natural follow-on to the first element, which was God owns everything and it is this: All events are orchestrated by God to serve God's agenda This can be a bit disconcerting to us Type A people who like to control everything. We like to roll up our...

October 16, 2017Christian StewardshipChristian Stewardship, Trust in God

Executive Insights

Best Practices for Hiring an Interim CEO

Having run several businesses, I'll say that the process to being a successful CEO in an interim situation includes attention to several key areas. But the change for the owner who is hiring the interim CEO is significant. This article outlines the foci of an interim CEO and also lays out the best practices for the ownership group. People There is a plethora of relationships that need...

July 16, 2017Executive InsightsAsking for Help, Consulting, Interim CEO, Management

Executive Insights

Scalability, Power, Control and Risk

Along with his wife, Mark is co-owner of a $1.8M retail establishment that they built from the ground up by investing their own monies and getting two SBA (Small Business Administration) loans. One is a "7A" loan designed to make initial investments into the business. Of the initial $320K, after 2.5 years, Mark still has $220K of that money sitting in a bank account. Mark has a...

July 4, 2017Executive InsightsControl, Micromanagement, Power, Risk, risk management

Christian Stewardship

Sorry, Christians Don’t Get to Retire

I have referenced how I believe that we will need to work well into our 70's because I simply don't believe that most have saved enough to be independently wealthy and whatever safety nets that are provided by the Federal Government will have negligible effect in 15 or 20 years. But I've not dealt with retirement, as a concept, directly until now. So I'll say this: The...

April 22, 2017Christian StewardshipChristian Business Owner, Laziness, Retirement, Sloth, Work

Executive Insights

Christian Business Owners Never Stop Learning and Growing

Proverbs 8.10-11 says this: 10 Choose my instruction instead of silver, knowledge rather than choice gold, 11 for wisdom is more precious than rubies, and nothing you desire can compare with her The command is pretty clear: choose instruction and knowledge over money and wealth, because the wisdom that you gain from instruction and knowledge is more precious than any wealth you can accumulate. There are many things worth...

April 8, 2017Executive InsightsCoasting, Desires, Faith, Material Wealth, Money, Personal Development, Professional Development

Family Business

Role Confusion in Family Owned Businesses

In most family owned businesses – whether Christian or not – there is usually an enmeshment of roles for family members who work in the business. They confuse the four roles that anyone can play in a corporation: Shareholder Board of Director Member Corporate Officer Employee It's not uncommon for individual family members to hold all four of these roles and then combine the distinct authorities of...

January 3, 2017Family BusinessFamily Business, Role Confusion