Posts tagged with: entrepreneurship

“Being Godly doesn’t necessarily mean that you’re going to be wealthy. God makes no such guarantees in the Bible, so goodbye, prosperity gospel…[But] God clearly is not opposed to wealth in a kind of blanket way. He’s not even opposed, necessarily, to tremendous wealth, gobstopping amounts of money.” –Owen Strachan

In a lecture for The Commonweal Project at Southern Baptist Theological Seminary, Owen Strachan tackles the tough subject of whether it’s morally wrong for Christians to make lots of money. His answer: “No. But it could be.”

Although the unprecedented prosperity of the last century has been accompanied by unprecedented amounts of guilt and self-loathing, Strachan argues that “the focus of a true Biblical theology of wealth would be on how money is a gift from God.” Surely we need to be wary of the unique temptations that come with wealth, but when dedicated to, consecrated by, and stewarded in attentive obedience to God and the Holy Spirit, “it can be nothing less than an engine, a mighty engine, for spiritual good,” Strachan argues. (more…)

?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????Over the past 60+ years, Israel has emerged as an economic powerhouse despite all odds. With only 7.1 million people, no natural resources, and surrounded by enemies and constant threats, it has somehow managed to attract nearly $2 billion in venture capital. It produces more start-up companies than large countries like Japan, India, Korea, and the United Kingdom, and has more companies on the NASDAQ than any country other the United States. Given its range of challenges, how can this be?

In their book, Start-up Nation: The Story of Israel’s Economic Miracle, Dan Senor and Saul Singer set out to explore the question. Indeed, as countries across the world struggle to develop the human, cultural, and institutional capital necessary for a thriving economy, Israeli society appears to cultivate these features with ease.

What might the rest of us learn from such an example? “The West needs innovation,” the authors write. “Israel’s got it. Understanding where this entrepreneurial energy comes from, where it’s going, how to sustain it, and how other countries can learn from the quintessential start-up nation is a critical task for our times.”

The lessons are many, and throughout their book, Senor and Singer outline a host of competing theories and hypotheses. But of all the potential drivers, I was struck most by the role the nation’s military plays in cultivating Israeli culture and bolstering its unique ethos of innovation and entrepreneurship. As peace and prosperity have largely prevailed throughout much of the West (compared to most of human history), what “built-in” lessons of human existence might now need more of our attention? (more…)

As Christians continue to turn their attention to the intersection of faith and work, it can be easy to dwell on such matters only insofar as they apply to our individual lives. What is our purpose, our vocation, and our value? How does God view our work, and how ought we to render it back to him? What is the source of our economic action?

These questions are important, but the answers will inevitably point us to a more public (and for some, controversial) context filled with profound questions of its own. Stewardship is step one: calling, work, service, generosity, and so on. But what about the ripple effects of all that? How does the personal aspect connect with the public?

As Greg Forster explains in his talk at the recent Faith@Work Summit“You can’t separate stewardship from economics.”

Whether we recognize it or not, our work has profound implications for the broader social and economic order beyond gross domestic product. As we glorify God through our work, we are also creating and cultivating social and spiritual capital with our neighbors, yielding service and fostering trust as we bless strangers and receive similar blessings in return. Lester DeKoster calls it the “fabric of civilization,” weaved together by the Holy Spirit to restore “the broken family of humankind.” (more…)

money-heartI think it is important to keep in mind that it is not the world of economics that is critical to human life on earth. When I left the field of economics for what I still believe to be a more important life agenda, it was because I regarded economics as driving cross-country at 80 mph with my eyes firmly fixed on the rear-view mirror.

We do, in fact, live in a world defined by economic and political realities, just as a fish lives in water. But that economic world has existed for less than 300 years and it will not last forever. When we talk of poverty or the benefits of living above poverty, it’s easy to think that the miseries of poverty are true miseries. But that misery is often only the economic part of the story. Poverty of mind, of person, and, worst, of soul are the true poverties. Comfortable affluence addresses the less important parts of being human.

I wrote my book, Integrated Justice and Equality, to rebuke the current supremacy of the trendy idea about income redistribution. But is income really the point of life? If I had not focused on biblical integration, my work would have just been a commentary on economic well-being without an anchor. (more…)

heart-exchangeThe subject of contracts is not particularly romantic, which is part of the reason I’d like to talk about contracts—and how we might reach beyond them.

In some ways, we’ve come to overly ignore, downplay, or disregard contracts. Across the world, we see grandmaster politicians and planners trying to impose various “solutions” with the flicks of their wands, paying little attention to core features like trust and respect for property rights. Here in America, our government is increasingly bent on diluting or subverting our most fundamental agreements, whether between husband and wife or foreclosed Billy and his bank.

In other ways, however, we are excessively contract-minded, particularly when it enables us to slack off or lead predictable, controllable lives. We want guarantees to ensure the maximum reward for the minimum amount of work. We want legislation that protects our jobs and locks in our wages and retirement. We want to put in our 40, return to our couches, grab one from the cooler, and say, “that’s that.” We want to give our effort insofar as we receive our due, insulating ourselves from risk, sacrifice, and discomfort wherever possible.  (more…)

entrepreneur-on-truck“Every single person on the face of the planet is created in God’s image. Everybody has the same heavenly Father. Everybody has capacity, talent, and ability. Everybody has responsibility. Everybody has stewardship responsibility. I don’t care what dirt hovel you’re living in, in Brazil or Mexico City or Manila. You have a responsibility to be a steward of the resources under your control because you have a heavenly Father who has put great things inside of you and that’s waiting to be called out and developed and extracted.” –Rudy Carrasco in PovertyCure

God has called each of us to whole-life transformation and redemptive stewardship, no matter who we are and where we are in life. This relies on a basic understanding of human dignity and a fundamental belief in our identity as co-creators with God the Father. Far too often, we distort or confuse this framework in small and subtle ways, often unknowingly and with well intentions.

Out of a concern for these types of subtle distortions, HOPE International, a Christian network of microfinance organizations, recently altered its mission statement, removing “the poor” and replacing it with “families.” Their mission is now “to invest in the dreams of the poor families in the world’s underserved communities as we proclaim and live the gospel.” (more…)

Christianity sets forth that humans are made in the image of God — that we have particular God-like characteristics when it comes to creation, cultivation, compassion, relationship, and so on. Such a remarkable truth tells us something deeply profound about the world we live in, as well as how we ought to respond in any number of situations.

In an excerpted video from the PovertyCure series, John Stonestreet explains how the Christian worldview transforms our approach to poverty:

(more…)