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How the Lean Startup Approach is Different – a best BAM Approach?

June 7, 2019

I just completed teaching a university winter semester course in Innovation and Entrepreneurship.  All such courses in the last decade or so teach the lean startup canvas made popular by Steve Blank, Eric Reis and Ash Maurya.  This distinctive tool for startup businesses is different than traditional business planning as it starts with a search …

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My Five Commandments for Entrepreneurs

May 31, 2019

Most of us are probably aware that LinkedIn has some amazing articles.  Also, we have heard of the Shark Tank, and one of the sharks named Robert Herjavec.  This is a reprint blog of his recent article which I used in my university class on entrepreneurship. See the original article entitled “My Five Commandments for …

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Five Business As Mission trends and best practices

May 24, 2019

Recently I was invited to teach on Business as Mission (BAM) at a Midwest Christian university.  One of the sessions was a combination of classes, plus members of the community, and I was asked to talk on trends and best practices in BAM.  There are many ways one could approach this subject, so I chose …

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The four bottom lines of Business As Mission in Uganda

May 17, 2019

Uganda is typical of many African countries in that a valuable resource is at risk. According to the ministry of Energy, “close to 100 per cent of rural households and 98 per cent of urban households” depend on firewood and charcoal, respectively, to cook food and heat water.”  However today “Uganda’s entire charcoal value chain …

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Some relevant distinction of terms in the BAM World

May 10, 2019

There are several related terms which touch on the Business as Mission world so sometimes sorting out distinctions can be helpful. Philanthropy is defined as “an act or gift done or made for humanitarian purposes” and “private initiatives, for the public good, focusing on quality of life”.  A recent example was highlighted in our community …

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Hesed Cambodia – a BAM Company: five things we can learn

May 3, 2019

A few years ago, I was invited to an event in Los Angeles, CA by Mr. Jeffrey Lee, CEO of SfK Ministries.  Since then I have followed the growth of this BAM company and the various businesses connected with it. In a recent memo I learned of Hesed Cambodia, which was started by Bong Rae …

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Patient Capital – key to Business As Mission

April 26, 2019

“Patient capital is money invested in entrepreneurs who are building companies and organizations that solve tough problems like healthcare, water, housing, alternative energy.”1  It is traditional investment which could be equity, debt, or other instruments and the investor is willing to forgo high financial returns in exchange for social impact with a focus on the …

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Briefing notes on Business As Mission (BAM) for workshop

April 19, 2019

I was invited to give a one-hour introductory BAM workshop at a conference in the United States recently.  The facilitator, whose name was John, was very involved with and informed about BAM. He wanted to make sure I met his expectations, so he handed me a sheet of important things to keep in mind.  This …

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When “good enough” is better than “excellence”

April 12, 2019

It is common in the Business As Mission world to speak of excellence as a primary value.  Certainly, we should do everything with excellence as unto God, shouldn’t we? Well ‘yes’ and ‘no’.  Here is why. In short, the point is that “perfection kills innovation”.  Entrepreneur Damon Brown spells out ‘why’ in a TED Talk …

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Business As Mission: economics, engineering, entrepreneurship, encouragement

April 5, 2019

Many of the countries in central Asia are struggling to develop their economies so as to raise their GDP and improve the lives of their people.  There are many challenges, politically, socially and economically.  IBEC finds it a privilege to serve clients trying to overcome amazing hurdles as they serve the people with jobs through …

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