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BAM business failures – part 2

Last week’s blog presented four reasons that I have observed for Kingdom business failures.  These businesses were all in the high risk corridor in Africa and Asia (10 degrees to 40 degrees north of the equator).  We talked about the business having the right person, being in the right place, with the right product and the […]

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BAM business failures – part 1

I recently returned from a conference where I was speaking on themes related to BAM (Business as Mission).  I shared some factual data, some principles and best practices and, of course, some successful case studies.  I always welcome audience participation and one well-informed and experienced business man raised his hand and asked, “What about the

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Incubators, accelerators and other resources for BAM businesses

Incubators, accelerators, business developers, startup weekends, coaches, consultants… Do these terms confuse you?  Some people use these interchangeably; others make a distinction that’s important to them.  Where do these business efforts fit in relation to a consulting group like IBEC? First, we define IBEC Ventures as a consulting group offering a variety of coaching, mentoring, training

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Business? Yes! Mission? Yes!

Our blog content often focuses on business–related themes such as ethics, poverty, innovation, business leadership, management etc.  But mission is also a fundamentally important part of a Kingdom business.  IBEC helps start and grow businesses which become profitable and sustainable, create jobs and share the “Good News” of Jesus. Sometimes I get a little angry

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Do you have what it takes?

While on a recent flight I picked up the Spring 2015 issue of Startups magazine.  An article by Marcia Layton Turner caught my eye: Get started: 12 signs you’ve got what it takes to start your own business. You can read the online version (12 Signs You Have an Entrepreneurial Mindset) in full on Entrepreneurs

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Is BAM disruptive innovation?

I have recently been listening to Clay Christensen (Harvard Business School) describe his idea of disruptive innovation.  He calls it a theory and has some amazing examples from the steel and auto industry, tech examples and even education.  The definition below comes from Christensen’s website which I highly recommend. “Disruptive innovation, a term of art

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