entrepreneurs - more than an undertaking

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  • 8/8/2019 Entrepreneurs - More Than an Undertaking

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    While in the Harvard Business School program

    six years ago, several classmates read my bio

    in a class packet and sought me out: Talk

    to us about this, they said. How is it that

    youve run a successul company or many years and have a

    masters degree in theology? We dont see the connection.

    I couldnt blame my colleagues or not seeing a relationship

    between aith and business. I, too, had many times struggled

    to ind connections between what I was hearing rom the

    pulpit on Sunday and my work as a business person.

    Religious leaders speak inadequately about business, writes

    proessor Richard J. Goossen o

    Trinity Western University, more

    so than almost anything else they

    preach on. Their proessional

    vocabulary, or the most part, so

    misses the point that it is painulto listen to them. The alarming

    state o the churchs ability to be a

    relevant orce inluencing business

    can be summed up in a simple

    observation: we already see many

    signs o Christian businesspeople

    rom every denomination

    rejecting religion, and religion overwhelmingly rejecting

    businesspeople.

    In the book, Church on Sunday, Work on Monday, Dr. Laura

    Nash o Harvard Business School and Scotty McLennan,

    dean o religious lie at Stanord University, suggest that

    business is not as simple as religious leaders tend to think

    it is. Capitalism is requently reduced to a monolithic

    concept labeled as The Market, that inevitably exploits all

    participants except the most powerul. In my own experience,

    misconceptions about the marketplace create hurtul

    and inaccurate stereotypes that portray even Christian

    businesspeople as uncaring, unthinking, exploitative, and

    unengaged. What is needed is a richer and more accurate

    view o business one comprising numerous relati

    and actions, ull o nuances and complexities.

    This is not to say that the business world is beyond crit

    or the events leading up to the current economic crisis

    underscore the need or serious refection and correcti

    among those o us in business. Indeed, many companiebusiness schools are vigorously discussing these ailings

    some political reorms and restrictions on business pra

    have already been implemented. The act remains, how

    that all too oten, the business world does not look to s

    biblical principles to inorm business practices. In truth

    Christian businesspeople have ound it easier to go alo

    the status quo in their orga

    and not rock the boat with

    own set o ethical principle

    complicate matters, the Ch

    businesspersons set o valu

    be ounded on the latest pobook instead o Biblical wis

    part because they have not

    made a connection betwee

    aith and their work.

    While I serve in various ro

    at PLNU connecting busin

    economics, and students as the executive director o th

    Fermanian and Business Economic Institute (FBEI), I

    an entrepreneur, perhaps one o the most misundersto

    o businessperson. I did not necessarily seek the entrep

    path; my undergraduate education is in communicatio

    once thought I would become an educator. Instead, I d

    the research shows holds true or most entrepreneurs

    upon my career almost entirely by accident. Since join

    PLNU in the all o 2005, much o my academic resea

    personal writings have sought connections between the

    and the entrepreneur. And what I have observed is a tr

    opportunity or connections, but what I have experienc

    signicant misunderstanding and mischaracterization.

    EtEpEEu:uEtk MEth BuE

    we already see many signsof Crisian bsinesseole

    from eery denominaionrejecing religion, and religion

    oerwelmingly rejecing

    bsinesseole.

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    E thE EtEpEEuPerhaps part o the misunderstanding stems rom the lack o

    clarity around what an entrepreneur really is. The dominant

    media images o entrepreneurs are visionary inventors such as

    Bill Gates or Steve Jobs who start transormational businesses

    in a garage and ultimately achieve staggering riches, power,

    and infuence. This no more accurately represents the realities

    o entrepreneurship than do televangelists represent the rural

    pastor o a small congregation or the U.S. presidency compare

    to the local civil servant. In the eld o entrepreneurship, this

    mistaken typology is called the entrepreneurial myth.

    In sharp contrast, 17th century European economist, Richard

    Cantillon, oered the French term entrepreneur meaning one

    who undertakes. Considered the rst denition o the term,

    it distinguished the undertaker rom landowners and hired

    labor because the undertakers had to adjust to risks and live

    with uncertainty. There was no distinction in class or status orthe entrepreneur, but simply the recognition that a third actor

    was emerging between the arm worker and landowner, one

    who sought additional opportunity,

    reedom, and fexibility.

    With no direct translation or the

    French word, it was very early

    rendered in English as master,

    speculator, and projector all

    inadequate to convey Cantillons

    work. This inaccurate representation

    likely contributed to theentrepreneurial myth and grew out o

    the publicity and attention given to a

    small number o entrepreneurs who

    achieved great success. Throughout

    the rise o the industrial revolution and beyond, headline-

    grabbing inventors, nanciers, and capitalists who achieved

    incredible success while taking great risks became the archetype

    or the entrepreneur. Ironically, while the specic motivations

    that drive entrepreneurs are complex, success is not typically the

    entrepreneurs driving motivation.

    Proessor Scott Shane o Case-Western University has wr

    that The real reason most people start businesses, howe

    nothing to do with wanting to make money, to become

    to better their own communities, to seek adventure, or ev

    improve the world. Most people start businesses

    simply because they just dont like working or someone

    else. While Shanes research is insightul, it has a comm

    limitation: rst, it does not ully appreciate the moveme

    o contemporary entrepreneurship ar beyond the traditi

    boundaries o or-prot business ventures, and second, th

    impact and infuence o personal religious aith upon th

    entrepreneurial processes.

    The Kaumann Foundation, a highly infuential voice a

    research group in entrepreneurship, released in 2008 a

    comprehensive study that described entrepreneurship asprocess o undamental transormation: rom innovative

    enterprise and rom enterprise to value As a distinct m

    thought and action, it deriv

    business but can operate in

    realm o human endeavor.

    Research and experience sh

    that embedded in most Ch

    entrepreneurs are strong m

    communal, and aith-driven

    principles which make them

    natural allies or congregatiseeking new insights and so

    When we consider the Kau

    denition, we begin to see h

    the entrepreneurial persona

    might be helpul in three areas where the church is curr

    engaged: critiquing the dominant culture, serving the po

    doing justice, and building relationships with people and

    outside the church.

    embedded in mos Crisian

    enrereners are srong

    missional, commnal, and

    fai-drien rinciles wic

    mae em naral allies for

    congregaions seeing newinsigs and solions

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    Ctqu thE MtCutuE

    Artists, poets, and activists are some o the strongest voices

    calling or renewal in the Christian community. These voices

    are requently at the oreront o re-imagining the church, or

    they speak out against the dominant cultures infuence on the

    church. In many cases, however, these artists, poets, and activists

    appear to be overly academic, radicalized, or impractical, using

    language and imagery that draws rom sources unamiliar to

    the typical churchgoer, rendering their

    valuable message irrelevant.

    Yet, to the ears and minds o the

    entrepreneur, some o this activist

    language resonates deeply. Why?

    Because the entrepreneur is, in many

    ways, the voice o renewal withinthe business community, constantly

    challenging the dominant culture o

    business and propelling it orward

    through innovation, fexibility, and

    a dynamic nature. The entrepreneur

    waits rom the ringes, impatient

    and desiring to engage in ways o doing business that are not

    yet imagined. This is not a reckless personality but rather an

    observing character. And rom this observation come new

    products, rms, and services. These entrepreneurs are people

    sitting in our local pews each Sunday. They are the oten

    overlooked small business people the armer, restaurant

    owner, nancial proessional, building contractor who must

    go beyond the poetic imagery portrayed in the pulpit and

    ace the realities o meeting their payroll in the coming week,

    dealing with an emerging competitor, or resolving disputes

    among employees.

    In light o the current economic crisis, renewal and chan

    on many peoples minds. It appears that a proound econ

    reset o some sort is underway, its exact scope and impnot yet ully dened. A signicant number o us are mak

    economic and liestyle choices that are turning away rom

    excessive consumerism o recent decades. Economic rea

    collided with our own personal lives.

    Entrepreneurship has the p

    to respond and then transo

    society. It is, in act, the pri

    driver o economic activity

    U.S. and worldwide, ar mo

    eective than governmenta

    or corporate expansion. Ne70 percent o U.S. econom

    growth can be attributed to

    entrepreneurial activity. Ov

    past 20 years, two-thirds o

    within industrialized count

    be attributed to entreprene

    Conversations between church leadership and entrepren

    would be groundbreaking, or there are ew others with t

    kind o practical experience and appreciation or the val

    o time, talent, and treasure as the entrepreneur. The

    typical entrepreneur exists largely without the governme

    protections that generally avor publicly held corporation

    public employee unions, and other organized groups. Th

    no bailouts or the small business or aspiring entreprene

    the entrepreneur compensates or this lack o ormalized

    by being dynamic, imaginative, and fexible, thereby sha

    numerous characteristics with the artist and the activist.

    too, can envision new possibilities and are uniquely posi

    to act on them.

    early 70 ercen of u..

    economic grow can be

    aribed o enrerenerial

    aciiy. er e as 20 years,

    wo-irds of all jobs wiin

    indsrialized conries can be

    aribed o enrerenersi.

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    The past decade o entrepreneurial research has done

    well in chronicling the rise o social entrepreneurship and

    micronance, both o which contribute to global economic

    justice. While social entrepreneurship and micronance arenot a distinctly Christian notion, there is certainly a ripe

    opportunity or the church to support and nurture the

    entrepreneurs who stand to align their goals o justice and

    mercy with those o the church.

    Social entrepreneurs look at the intractable problems acing

    society and eel great rustration at the lack o progress towards

    solving them. Bill Drayton, widely regarded as the ounder

    o the modern social entrepreneur movement, has written,

    The core psychology o a social entrepreneur is someone

    who cannot come to rest, in a very deep sense, until he or she

    has changed the pattern in an area o social concern all across

    society. Famine, clean water, housing, education, and the

    administration o justice are just a ew example areas o great

    importance to these contemporary entrepreneurs.

    Mike Mellace, ounder o Mama Mellaces, is in the snack

    business nuts to be exact. His products can be ound in

    retail stores throughout the U.S. Mellace has been a riend

    to the Fermanian School o Business and FBEI or several

    years, and his company employs several PLNU alumni.

    manuacturing plant in Carlsbad, numerous ministry ev

    including a churchs primary sanctuary, co-exist with sna

    production. Mellace and his partner, Mike Runion, are impressive example o traditional entrepreneurs, taking a

    business idea and shaping it around serving the world in

    name o Jesus.

    Besides providing wholesome snacks with natural ingred

    a positive mission in itsel, Mellaces non-prot oundati

    also developed a product that could help end world hun

    Using surplus nuts, Mellace created a peanut-based past

    ortied with minerals and vitamins that World Vision p

    to use to ght malnutrition globally. Statistics have show

    that a child who eats three packs a day or 30 days has a

    percent survival rate compared to the 5-10 percent surviv

    without the product. Mellace and his partners are using

    proessional talents and passion, combined with a creati

    solutions-oriented entrepreneurial spirit, to ght hunger

    What Mellace and his company and oundation do is ce

    bold and dramatic, but it is not an aberration. There are

    elements o justice, grace, and service in many entrepren

    a wide variety o industries i we just take the time to loo

    Ev thE p utCE

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    Business Matters

    PLNU students and alumni are connecting

    prot with passion. The following three

    businesses are about more than just yield;

    theyre about making a difference. All three

    are creating new capital and opportunities for

    those in need. And theyre their products and

    services are high quality and innovative.

    Brothers Shea Parton (07), Stenn Parton

    (08), and Raan Parton (04), along with Shea

    Foley (07) are connecting what they produce

    with what they care about. They founded

    Apolis Activism in 2004, a for-prot company

    thats connecting quality design with social

    activism. When someone purchases a shirt,

    bag, or canvas grocery bag from Apolis,

    some of that money is directly impacting

    various causes in countries like Bangladesh,

    Nepal, and Uganda. Apolis partners with

    non-prots in order to maximize the good

    that their prot can do.

    But their business is not just creating funds that

    they can give away. Their products themselves

    are being sustainably produced in order to

    create jobs. For example, their highly popular

    Philanthropist Briefcase not only turns a prot,

    but it employs three Ugandan farmers who can

    now utilize a years worth of their cotton harvest.

    Micronance is another model that is creating

    socially responsible businesses.

    Micronance may be non-prot, but theyre

    giving loans to for-prot businesses all over

    the community providing them with access

    to nancial capital that they can then turn

    around and use to support their businesses,said Dr. Rob Gailey, associate professor

    of business and director of the Center for

    International Development.

    Blake Armstrong (07), director of operations

    at EduLeap, is using micronance to make a

    difference. He co-founded EduLeap with Chris

    Crane, and they are making private education

    possible for young people in the developing

    world. They provide loan capital and

    business training to those edupreneurs, as

    EduLeap calls them, wanting to start private

    schools abroad. When EduLeap invests in

    an edupreneur and their school, they are

    creating a business while also investing in the

    next generation.

    EduLeap itself is a non-prot, said Gailey.

    But the work theyre doing is supporting social

    entrepreneurs in various countries.

    Micronance is also happening locally.

    Vaughn (08) helped found the Micron

    Club at PLNU, and he is now working w

    CDC Small Business Finance, a non-p

    organization that partners with comme

    lenders to provide loans to developing

    businesses in San Diego. Their comm

    loan program targets women, minoritieveterans who face difculty securing c

    Breaking out of traditional lending by

    coming up with unique capital solution

    and strategizing with clients to set up t

    most tting nancial plan, CDC makes

    businesses development possible, wh

    less-than-stellar credit may otherwise

    a no on developing innovative busine

    In his book Creating a Worth Without P

    Muhammad Yunus, founder of the cele

    Grameen Bank, calls ventures like the

    social businesses they are not non-

    because theyre making money. But th

    also not for-prots where they are max

    shareholder wealth. Rather than seek

    amass the highest possible level of n

    prot to be enjoyed by the investors, th

    business seeks to achieve a social obj

    At PLNU, Dr. Rob Gailey, director

    o PLNUs Center or International

    Development (CID), is helping

    students make connections thatwill enable them to make this same

    kind o impact. The CID, based in

    the Fermanian School o Business,

    provides opportunities or aspiring social entrepreneurs to

    learn rom those already in the eld. There is groundbreaking

    collaboration between key micronance and social

    entrepreneurial practitioners, university aculty, and students

    rom throughout San Diego. This collaboration, the San Diego

    Micronance Alliance (SDMFA), is no theoretical platorm

    students are shaping and being shaped by practitioners who

    are directly involved in serving the poor not only in San Diego,

    but globally.

    The most signicant impact

    probably the infuence these

    activities have on students. F

    students, these activities provtheir rst exposure to the ide

    that poverty alleviation and s

    business practices can go tog

    They discover that they can use a PLNU degree to pursue

    careers in the non-prot and social innovation sectors. Th

    transormational moments in a students lie.

    My hope is that as more and more students aim to ulll Je

    call in Matthew 25 to serve the least o these by combini

    viable business solutions with a conscientious and compas

    mindset, we will nd more and more connecting points be

    church and business connections that will help us, toget

    navigate the challenges o global poverty.

    or many sdens, ese

    aciiies roide eir rs

    exosre o e idea a oery

    alleiaion and sond bsiness

    racices can go ogeer.

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    pt CECtThe use o entrepreneurship to point people to Jesus is near

    to my heart. In my own lie, business interactions and peoples

    interest in entrepreneurship have led to spiritual conversations

    and relationships in many dierent settings and countries. These

    opportunities to share my aith would never have been achievedthrough traditional evangelistic methods.

    Our Personal ImpactBusiness is an opportunity to show people the impact o our

    aith. When we have strong character, conduct business honestly

    and airly, show transparency and generosity, and care about the

    needs around us, we open up opportunities or relationship. Our

    conduct gives us a voice.

    Much o my work at PLNU occurs in an o-campus role, where

    I meet with business leaders rom throughout the region to

    discuss issues o common interest.

    Since San Diego is undamentally a

    small business and entrepreneurial

    community, I have been able to

    connect with people in diverse

    settings, including aculty colleagues

    at great regional public universities,

    business people in companies o all

    sizes, and leaders o local churches

    and ministries. These initial connections oten deepen into

    signicant opportunities or spiritual conversations.

    I recall a meeting two years ago with a group o leaders rom avery prominent San Diego organization at a local restaurant.

    Lunch was served, and the senior executive present rom the

    organization asked i I would pray or the meal. What was

    originally intended as a business lunch turned into a time

    o ellowship, and my relationship with the organization has

    blossomed on all levels.

    Global OpportunitiesThese surprising points o connection have developed in other

    areas as well. For the past ve years, I have been working with

    ministry riends in France and Portugal on how entrepreneurship

    can become a common meeting ground when traditional tools

    or language ails. In October 2009, I was asked by the non-prot

    organization Coherence, created by Parisians Stephen and Joy

    Johnston, to speak to a group o business people in France on the

    topic o entrepreneurship. Coherence partners with Greenhouse,

    a traditional evangelical ministry operating or over 20 years in

    the heart o Paris. Coherence has a complementary purpose it

    connects local business people who are interested in supporting

    sustainable development projects in the French-speakin

    such as Arica and Haiti, with experts in their eld.

    The ability to talk to secularized Parisians those who l

    think that Christians are mentally decient is an excit

    breakthrough, leading to unprecedented open doors in

    Too oten we approach people outside the church with

    attitude that says, we know something you dont, and th

    implicit message we convey is were better than you, s

    Stephen Johnston. Joy Johnston added, We also orget

    all share the same deep longing or something meaning

    way a lot o people outside the church express this long

    through altruism. When we remember that true religion

    help orphans and widows in their distress (James 1: 26-2

    o a sudden this altruism becomes a place where secula

    intersect with the heart o Jesus, and thats a meaningu

    or us to connect with people outside the church.

    This is whats happening th

    Coherence. Parisians rom

    and outside the church are

    at that intersection. Togeth

    make donations that encou

    social entrepreneurs serving

    poorest o the poor in Fren

    speaking countries around

    world. And they make thes

    donations while attending events where they dialogue w

    experts in various elds. This makes or a lot o meanin

    interaction, and a lot o conversations that Jesus can ent

    In an increasingly secular and hostile world, entreprene

    is a platorm with broad potential application, allowing

    connect with communities that have generally turned a

    the traditional voice and vision o the church.

    CCuMeaningul connections abound. At the intersection o

    and entrepreneurship, we can, together, seek out ways t

    salt and light in proound ways. We can envision new wengaging and transorming our culture, we can love the

    through compassion and solid business ideas, and we ca

    relationships with those who might not otherwise ever e

    the doors o a traditional church. This is an opportunity

    with possibility.

    Bsiness is an oorniy

    o sow eole e imac

    of or fai.

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