Due to Baby Boomer’s aging, it’s estimated that over 8 million businesses will either sell or be passed on to the next generation. Many are calling this the Great Wealth Transfer. Many business owners have worked hard to build a culture that pleases God. But often taking the highest sale price can result in selling to someone who destroys your ...
When I worked for large banks, it was obvious that I was a steward of the bank’s resources, not an owner. There were budgets, bosses, and built-in accountability to remind me that the bank’s money was not mine. As a banker I witnessed many business owners use company resources for personal gain, while employees and the organization’s financial stability suffered. ...
In my career, I’ve started businesses without God and some with God. The difference is like running a race with heavy winds and storms in your face versus running with the wind at your back. When contemplating starting a business, it is critical that you remember one important principle. God owns it all. God has charge over all the universe, ...
Recently, someone asked Kathy, if she and I could sell Unconventional Business Network when we were ready to retire. One misunderstanding about nonprofits is how the ownership works. Kathy and I do not own the assets of UBN. The ministry is publicly owned. Our pay is limited to whatever our independent board of directors approve. We cannot sell or liquidate ...
Equipping Others to Do Work Differently
