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Capital is plentiful, great business partners, not so much: with Clint Park

Business On Purpose Conversations

Release Date: 10/26/2022

Capital is plentiful, great business partners, not so much: with Clint Park show art Capital is plentiful, great business partners, not so much: with Clint Park

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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The Gift of Disillusionment with Peter Greer and Chris Horst  show art The Gift of Disillusionment with Peter Greer and Chris Horst

Business On Purpose Conversations

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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Solving the puzzle of remote work with Rick DeJarnette show art Solving the puzzle of remote work with Rick DeJarnette

Business On Purpose Conversations

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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Lessons learned at Business On Purpose 2021 with Ken Kinard show art Lessons learned at Business On Purpose 2021 with Ken Kinard

Business On Purpose Conversations

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's recruitment strategy: risk-taking entrepreneurs (with Jerry Bowyer) show art Jesus's recruitment strategy: risk-taking entrepreneurs (with Jerry Bowyer)

Business On Purpose Conversations

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 the Is the "Great Resignation" coming for your business? Chris Allen on creating cultures of community.

Business On Purpose Conversations

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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Clint Park: Business Health Fosters Business Generosity show art Clint Park: Business Health Fosters Business Generosity

Business On Purpose Conversations

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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Hannah Stolze on Wisdom-Based Business show art Hannah Stolze on Wisdom-Based Business

Business On Purpose Conversations

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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Alan Crippen on America's First Christian CEO and the legacy of philanthro-capitalists show art Alan Crippen on America's First Christian CEO and the legacy of philanthro-capitalists

Business On Purpose Conversations

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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Pete Scazzero: Grow Yourself Before You Grow Your Business show art Pete Scazzero: Grow Yourself Before You Grow Your Business

Business On Purpose Conversations

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. 

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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 that ownership path, you don’t want to miss this conversation.   

Conversation highlights: 

–What are the table stakes for Christians who are thinking about bringing in a new partner (owner) into their business or who are considering starting a new business with partners?

–If you want something to be done for God’s glory you need to apply his principles.  

–A biblically and practically wise approach to forging partnerships. 

–The truth embedded in Psalm 24:1 and Job 41:11 (classic stewardship passages) inform how we view potential business partners/co-owners.  Will the average non-Christian embrace these truths?

–The role of values alignment in selecting our partners can’t be overstated.  Bonus pre-marriage advice too! 

–Why does traditional private equity have such a black eye?  …perhaps because of a lack of values alignment.  Capital is not the best starting point for partnerships!  

–Capital has influence. Are you inviting conflict in your partnerships with other owners?  

–Evaluating partners: 1. Values alignment 2. Define the ideal steward 3. Completing your team & complementing your weaknesses

–We discuss how to evaluate character to ensure your future partner has the depth of character to be an effective partner. 

–What is forward stewardship? Why does it matter for the future of your business?

–What are the red flags of a partnership that is not going to work?

–Clint addresses a really tough issue: disentangling a partnership that is not working.  

–Faith integration will be stymied when your co-owners are not values and faith aligned. 

–Be ready to take the low place.  Luke 14:10-11  

–Belief drives values.  Values drive actions.  

 

Continue the conversation: 

Connect with Clint: https://www.linkedin.com/in/clintpark/

Connect with Aaron: https://www.linkedin.com/in/aaron-groen/