Expanding Your Financial Base

In Blog

Entrepreneurship as a strategy for expanding the  financial base of a christian institution.

By Caleb M. Gusen, CRUDAN Advocacy Officer

There are many strategies amongst Christian institutions(Expansions, Operations, Fundraising, amongst others), and unfortunately few contain entrepreneurship. Could these be associated with the misconception of business being a worldly affair? Or the complexities involved? Or maybe, it’s not just the trend? To understand our topic better, we first need to define the parameters.Entrepreneurship, Enterprise, and Entrepreneur are fast becoming one of the most frequently used words/terms, and sadly one of the least understood. Let’s take a look at these three terms, what do they mean? The definition of an Entrepreneur from the Miriam Webster Dictionary is “a person who organizes and manages an industrial enterprise or business, adding value at an attempt to make a profit, but taking the risk of a loss”. (Webster, 2011) A Christian Institution on the other hand can be generally defined as
an organization dedicated to spreading the Gospel of Jesus Christ amongst the nations and peoples of the world captured in the book of Mark, Chapter 16: 15. Now with this in view, it’s time to take a practical look at our
Mission, we are meant to propagate the gospel of Christ, we have the calling and the drive, but one fundamental thing is missing, the Funds. The good news is that Christ has promised to provide all our needs, but on the other hand, whilst Fundraising and Donations is a channel, Entrepreneurship can be an even added channel. I am of the
opinion that Entrepreneurship can also be introduced as a strong, sustainable, and growing source of Funding for the work of Christ amongst nations. These also include that when Christian Institutions start their own enterprises, aimed at increasing their financial base, to facilitate their operations, We will have a competitive edge over other Enterprises, because we are supported by the Holy spirit, as he has promised. Because we have a God with uncountable wealth, who with the right amount of faith on our part, can fund any Enterprise we want to create, no matter the Start-up and Operating cost.Furthermore, those donations and Contributions/Fundraising can be used as Start-up finances for the proposed enterprises, owned and operated by churches and Missions.
Therefore, I propose the venturing of Churches and Missions, Christian Faith-based, Non-Governmental Organizations into Social Entrepreneurship and the Business World. Having business departments, operating enterprises, that are both developmental and profit oriented, aimed at creating solutions in the society, at the same time creating Job opportunities, and generating sufficient profits to sustain mission activities. I see these as an excellent alternative to the endless fund raising events, amongst others. I am not portraying fundraising and donations as evil, far from it. I’m only presenting Social entrepreneurship, as an added channel for creating funds, and at the same time increasing the financial base of an institution.And so, I propose missions, churches, ChristianFaith-based, Non-governmental Organisationsgoing into small and medium scale entrepreneurship such as small scale real estate(Property rental and sales, land flipping, etc), Industrial business(Small scale packaging, distribution and sales of commonly used products, such as water, garri, etc), Financial business(Soft loans, cooperative societies, etc), Small and Medium scale services(Barbing and Hair dressing saloons, Mechanic workshops, Restaurants, Hotels and Guest Houses,Transportation etc), Education(Church schools, Universities, Colleges, Vocation training centers,etc), Retail(Small shops, supermarkets, etc), amongst an endless list.
Members can be trained and equipped to run and operate these businesses, they will be on salaries, further enhancing the welfare of the immediate community, it will also enable the church and missions to have some extent of control over the funds and finances to be used in missions and in achieving our ultimate mission, expanding the
Gospel and Kingdom of Christ.In conclusion, with the right intent, and actions, the blessings of Christ will be on such Enterprises, and they will achieve immense strength, and surprising sustainability, and someday, we might not even have to rely on others to generate the funds and finances we need. This is because we will create channels were God can give us funds from his endless store. But all this boils down to a simple step of faith, recognition of the calling, and proper definition. And as the popular saying goes, the Journey of a thousand Miles, begins with a step, I further add, we can never realize our full potentials until we exercise them, we can never see the end,till we are patient to the end.There are many strategies amongst Christian institutions(Expansions, Operations,Fundraising, amongst others),and unfortunately few contain entrepreneurship. Could these be associated with them is conception of business being a worldly affair? Or the complexities involved? Or maybe, it’s not just the trend? To understand our topic better, we first need to define the parameters.
Entrepreneurship, Enterprise, and Entrepreneur are fast becoming one of the most frequently used words/terms, and sadly one of the least understood. Let’s take a look at these three terms, what do they mean? The definition of an Entrepreneur from the Miriam Webster Dictionary is “a person who organizes and manages an industrial
enterprise or business, adding value at an attempt to make a profit, but taking the risk of a loss”. (Webster, 2011) A Christian Institution on the other hand can be generally defined as an organization dedicated to spreading the Gospel of Jesus Christ amongst the nations and peoples of the world captured in the book of Mark, Chapter 16: 15. Now with this in view, it’s time to take a practical look at our Mission, we are meant to propagate the gospel of Christ, we have the calling and the drive, but one fundamental thing is missing, the Funds. The good news is that Christ has promised to provide all our needs, but on the other hand, whilst Fundraising and Donations is achannel, Entrepreneurship can be an even added channel. I am of the opinion that Entrepreneurship can also be introduced as a strong, sustainable, and growing source of Funding for the work of Christ amongst nations. These also include that when Christian Institutions start their own enterprises, aimed at increasing their financial base, to facilitate their operations, We will have a competitive edge over other Enterprises, because we are supported by the Holy spirit, as he has promised. Because we have a God with uncountable wealth, who with the right amount of faith on our part, can fund any Enterprise we want to create, no matter the Start-up and Operating cost. Furthermore, those donations and Contributions/Fundraising can be used as Start-up finances for the proposed enterprises, owned and operated by churches and Missions. Therefore, I propose the venturing of Churches and Missions, Christian Faith-based, Non-Governmental Organizations into Social Entrepreneurship and the Business World. Having business departments, operating enterprises, that are both developmental and profit oriented, aimed at creating solutions in the society, at the same time creating Job opportunities, and generating sufficient profits to sustain mission activities. I see these as an excellent alternative to the endless fund raising events, amongst others. I am not portraying fundraising and donations as evil, far from it. I’m only presenting Social entrepreneurship, as an added channel for creating funds, and at the same time increasing the financial base of an institution. And so, I propose missions, churches, Christian Faith-based, Non-governmental Organisations going into small and medium scale entrepreneurship such as small scale real estate(Property rental and sales, land flipping, etc), Industrial business(Small scale packaging, distribution and sales of commonly used products, such as water, garri, etc), Financial business(Soft loans, cooperative societies, etc),Small and Medium scale services(Barbing and Hair dressing saloons, Mechanic workshops, Restaurants, Hotels and Guest Houses, Transportation etc), Education(Church schools, Universities, Colleges, Vocation training centers,etc), Retail(Small shops, supermarkets, etc), amongst an endless list. Members can be trained and equipped to run and operate these
businesses, they will be on salaries, further enhancing the welfare of the immediate community, it will also enable the church and missions to have some extent of control over the funds and finances to be used in missions and in achieving our ultimate mission, expanding the Gospel and Kingdom of Christ. In conclusion, with the right intent, and actions, the blessings of Christ will be on such Enterprises, and they will achieve immense strength, and surprising sustainability, and someday, we might not even have to rely on others to generate the funds and finances we need. This is because we will create channels were God can give us funds from his endless store. But all this boils down to a simple step of faith, recognition of the calling, and proper definition. And as the popular saying goes, the Journey of a thousand Miles, begins with a step, I further add, we can never realize our full potentials until we
exercise them, we can never see the end, till we are patient to the end.
References:
Miriam Webster Dictionary 2011
Mark, Chapter 16: 15.

Recent Posts

Leave a Comment