Yearly Archives: 2015

Matheny’s Faith

2018-03-14T08:42:52-05:00November 5th, 2015|Tags: |

A Wall Street Journal article highlighted the uniqueness of the St. Louis Cardinal’s manager, Mike Matheny. The article noted that Matheny “never curses, rarely raises his voice and focuses as much on his relationships with players as when to hit-and-run.” The article went on to share a story about Matheny’s personal care and compassion for an injured player after his ...

Corporate Giving Part III

2018-03-14T08:42:52-05:00November 4th, 2015|Tags: |

CECP, a nonprofit that tracks corporate giving, revealed in their “2015 Giving in Numbers” survey that 85% of the companies they surveyed measure the outcomes of their charitable giving. Those who measured their results must have been pleased with what they found, because on average, these charitable companies increased their giving from 11% of revenue to 13% of revenue! Generosity ...

Corporate Giving Part II

2018-03-14T08:42:53-05:00November 3rd, 2015|

For decades, average giving from individuals in America has hovered around 2% of their income. This number is small relative to the 10% tithe discussed in scripture, yet, corporate giving is worse. The CECP, a nonprofit that tracks corporate giving, highlighted in their “2015 Giving in Numbers” report that the median giving of 271 of the largest companies in America ...

Corporate Giving Part I

2015-12-17T09:51:35-06:00November 2nd, 2015|Tags: |

Publicly traded corporations are usually focused on their responsibility to their shareholders, and their CEOs are often compensated in alignment with improving shareholder returns. But rarely do they consider another obligation they have – to God. We have so compartmentalized the business world from our faith that we have forgotten that God’s Word says that God owns everything, including publicly ...

The Power of Marketing

2018-03-14T08:42:53-05:00October 30th, 2015|Tags: |

According to History.com, Americans spend over $6 billion a year on Halloween, and $2 billion of that goes to the candy manufacturers. This is a great reminder of the power of marketing and advertising! According to businessinsider.com, Trick-or-Treating was popularized in the early 20th century, but fizzled out when sugar was rationed during World War II, making candy scarce. After ...

Payment Priorities

2015-12-18T12:12:53-06:00October 29th, 2015|Tags: |

Many entrepreneurs call me for counsel when their business is struggling financially. It’s not uncommon that their suppliers have gone unpaid for months. When they do finally receive some cash, it becomes very challenging to determine who to pay first. Instead of paying each bill according to the due date, many will show favoritism to the creditors they need the ...

How to Start A Networking Group

2018-03-14T08:42:53-05:00October 29th, 2015|

Like many leaders, you may have set a goal this year to networking more, study or read more, or to join an accountability group. We hear you—and that’s part of the reason we created our new Study Guide Starter Kits. Our newly-redesigned and updated study provides the framework to start a networking group focused on putting God first at work. ...

The Wrong Question

2015-12-18T12:12:27-06:00October 28th, 2015|Tags: |

Dan, a budding entrepreneur called me for counsel recently. He asked, “Can you help me apply for, and borrow, all the money I need to start a new business?” Many entrepreneurs assume that borrowing all of the money they can is the solution to their funding problems. But God usually has a better plan. In my opinion, Dan needed answers ...

Financing Perils

2015-12-18T12:11:54-06:00October 27th, 2015|Tags: |

When I started in banking in the 1980s, car loans for longer than three years were virtually nonexistent. Now seven years and beyond is common. Since many people buy cars based on the monthly payment rather than the total price of the car, they often agree to longer loans, resulting in paying more for the car in total. This increases ...

Relationships Matter

2015-12-18T12:11:32-06:00October 26th, 2015|Tags: |

As I was departing the banking industry in the 1990s, many banks began centralizing loan decisions, far from where the loans originated. Instead of relationship-oriented, lending became transactional, with decisions based on credit scores, void of any relational element. Instinctively, I knew that having a relationship with the borrower had a better likelihood of the loan being repaid than a ...

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