In addition to his management roles, Phil had over 20 years’ experience advising companies on their company’s value, effect on value of different operating and financial strategies, such as sell, take public and/or joint venture options. Advice included due diligence, tax strategies, accounting issues, business strategies, corporate structure, and capitalization arrangements. He had consulted on corporate spinoffs, restructuring, and shareholder value implementation strategies. Phil has spoken and written on the economics of regional power planning, Global CapitalTrends-Effects of the U.S. Business Environment, Tax Strategies in M&A Transactions, Financing Leverage Buyouts, Capital for Financial Institutions,and Global Financial Instruments. Phil spoke at BusinessWeek’s 2003 CFO CIO Forum on the Implications of 2003 Tax legislation.
“The government should not be able to coerce faith-based, for-profit businesses to violate their religious beliefs,” said Jeremy Dys, Senior Counsel for Liberty Institute, which is representing the owner. ”This Mandate illegally and unconstitutionally forces our client to violate his sincerely held religious beliefs that form the very foundation for his work as a businessman.”
A successful entrepreneur serves others, often at great risk, difficulty, and cost. Profits are a sign that the entrepreneur has successfully served others, but the profits only come after the endeavor. Along the way the entrepreneur may risk income, financial safety for himself and his family, his retirement, his home, and possibly the same of friends and family.
Love it. We have been in Peru for almost 48 years, doing missions but more recently (last 15 years or so) doing business for missions, being self supported, greater circle of influence in community, and region. Some question what we are doing….other missionaries…..as we have this stigma around Christian circles as you mention that making money is evil…secular etc.
By using the roots of their faith, they have been able to spend so little on marketing that they are a debt free company. Joe and Steve depend on their service oriented business model to keep their company at the forefront of the EHR field. This dedication to their faith and their clients has enabled them to gain over 2,000 customers without lifting a finger in the marketing realm.
It’s a question that came to the forefront with Eden Foods, a self-proclaimed “faith-based” business challenging the contraception mandate. Although the owner filed suit out of religious objection to covering birth control, he admitted to reporter Irin Carmon he really didn’t care one way or the other, he just didn’t want to pay for it. “Because I don’t care if the federal government is telling me to buy my employees Jack Daniel’s or birth control. What gives them the right to tell me that I have to do that? That’s my issue, that’s what I object to, and that’s the beginning and end of the story.”
If you say you care about someone’s health, it sounds OK right? Please don’t be put off by the word wealth. Wealth and greed are not synonyms. Wealth is many things but the financial part doesn’t have to be a dirty secret nor is tied to your personal value. Someone in your home is paying for the internet you read this on and that someone might not mind a little help. We do not advocate hounding friends or family. If you love what a product does, sharing it with someone who needs it is kind; not greedy. It is compassionate.
Grace & Heart is a direct sales company that markets themselves as “a community of friends founded on passion and purpose.” They sell faith-inspired sterling silver and genuine stone jewelry through their consultants, which are called “Bravehearts.” The jewelry pieces range from $29 to $200, so there is something for everyone and for every occasion. All jewelry is handcrafted in the United States.
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Brother Brad, your post is interesting and inspiring. I agree with you totally. I also hold it strong that every believer ought to do whatever we do, be it business, work or daily personal activities with this understanding that we are stewards of all that we are and will ever be and have; this implies that our entrepreneuring activities must bring glory to God, blessings to us and others around. It does not in any way undermine discipline and proper management of the resources entrusted to us. god bless you Sir.
I used to work at a private university run by priests. Mobbing by the rector was the rule, greed and extorting money from students too, as well as finding ways of not paying the employees (for instance, although Christmas and Easter are bank holidays, they treated them as my personal leave and paid me less). And, as a priest, the rector behaves as if he were above the law. Or maybe it's the Vatican law he obeys, not the Polish law?
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