Clint Park: Business Health Fosters Business Generosity
Business On Purpose Conversations
Release Date: 09/17/2021
Business On Purpose Conversations
Capital is plentiful, great partners or co-owners, not so much. In this conversation, Clint Park is back to offer biblical perspective on how to add, when to add and who to add into your business as an ownership partner. What are the big mistakes to avoid and what principles can guide our thinking? We parse the potentials and pitfalls of co-owners and whether your business is ready to have additional owners. Clint offers six ways to evaluate potential partners or co-owners, along with a wealth of wisdom drawn from God’s Word. If you have business partners or are considering...
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How is disillusionment a gift? Christ Horst and Peter Greer talk about their latest book in which they show how Christian leaders from around the deal with setbacks, trials, suffering and failures in a way that demonstrates the hope of the gospel. If you want to lead your business in a Christ-honoring way through both good times and hard times this conversation is for you. We’ll explore the meaning and value of disillusionment, the tension of suffering, the danger of comfort and the hope experienced by people like the prophet Jeremiah even in the midst of crushing disappointment...
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Is remote work here to stay? Will it make your company and your employees more effective or less effective? Rick DeJarnette, executive coach and executive in residence at the University of Richmond, joins us to provide a framework for how Christian business owners and entrepreneurs can think about remote vs. hybrid vs. on-site work. Listen to the end to hear Rick’s top lessons for Christian entrepreneurs from the world of mountaineering. Conversation highlights: -The debate over remote work is a debate about a “complex” problem, not a “complicated” problem,...
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The 2021 Business On Purpose conference featured 10 great speakers addressing a multitude of topics with relevance for Christians who own businesses. In this episode Ken Kinard, who led a breakout session at the conference, joins us to recap the lessons learned as well as main takeaways and conference highlights.
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Jesus had a “disproportionate recruitment strategy” of calling entrepreneurs who were frontier risk-takers pursuing economic opportunity. What do these facts say about how Jesus viewed businesspeople & entrepreneurs during his earthly ministry?
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Is your business about to get crushed by the Great Resignation? Is it even a real thing? Maybe. In this conversation, Chris Allen, the founder of Always About People and one of the keynote speakers at Business On Purpose 2021, examines what is really going on with the so-called Great Resignation.
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In this conversation, Clint Park joins us to dig deeper in an exciting topic from a previous episode: radical generosity through the gifting of your business. In a previous episode with Jeff Rutt, we discussed how and why Jeff was able to give his successful business away. Jeff shared what made this possible for him and his company. In this follow up discussion, Clint Park takes us on a deep dive into this form of succession planning.
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What’s the difference between your competitive advantage and your comparative advantage? Plus, does the praiseworthy woman of Proverbs 31 have anything to teach us about business? Hannah Stolze—one of our keynote speakers at the October 28 Business On Purpose conference—delves into these questions and discusses her new book, Wisdom-Based Business in this episode. We explore how the Bible’s wisdom literature can impact how you run your business and much more.
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Can business practices and profits change society? Alan Crippen, Executive Director of the Faith and Liberty Initiative talks with us about two little-known Christian business owner stories from American history.
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Best-selling author Pete Scazzero joins us to talk about the epidemic of shallow discipleship and what it means for Christian business owners. It might not be what you think it is.
info_outlineIn this conversation, Clint Park joins us to dig deeper in an exciting topic from a previous episode: radical generosity through the gifting of your business. In a previous episode with Jeff Rutt, we discussed how and why Jeff was able to give his successful business away. Jeff shared what made this possible for him and his company. In this follow up discussion, Clint Park takes us on a deep dive into this form of succession planning.
Along the way, Clint helps us unpack this strategy and we delve into how to make this strategy succeed and when to know if this strategy won’t work well for your business.
Conversation highlights:
--What should business owners who are considering giving away their business think about first?
--Clint’s “going concern” test: Do you have independence from your business and does your business have independence from you?
--Why your financial finish line matters if you want to gift some or all of your business to ministry (which implies that you have a financial plan and know your finish line).
--If your financial plan depends on the sale of your business or distributions from your business, perhaps your business isn’t ready to be given away.
--Don’t give away a business that isn’t healthy.
--What are the 3 main hallmarks of a healthy business?
-- When you are focused on gifting the ownership of your business, you are also engaging in one of many different forms of succession planning. Have you also considered the other options? What will maximize your Kingdom impact?
--There is little point in gifting your business in order to invest in God’s Kingdom IF your business isn’t healthy.
Connect & Learn more:
Don’t have a healthy business? Connect with Clint: https://www.linkedin.com/in/clintpark/
Don’t have a financial plan for yourself or your business? Connect with Aaron: https://www.linkedin.com/in/aaron-groen/
Listen to the episode with Jeff Rutt: https://businessonpurposeconference.com/podcast/jeff-rutt-on-how-and-why-he-gave-away-his-company-keystone-custom-homes/