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S6E35: The Competitive Advantage of Faith Driven Entrepreneurs

Best Christian Workplaces : November, 01 2021

As a Christian entrepreneur or business leader, how do you step into your purpose and pursue creativity? Henry Kaestner, co-founder of Bandwidth, a communications platform, and a managing principal of Sovereign’s Capital, highlights the competitive advantage that faith-driven entrepreneurs have in the marketplace. Learn values and habits that empower you to build your business and serve your community.

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In this episode:

A few key turning points in Henry's life that have shaped his journey (2:08)
Success in starting up Bandwidth (04:54)
Sovereign’s Capital invests in companies that promote human flourishing for customers and employees. Give us some examples of how that works. Do companies with these values also have great business results? (06:14)
"Can you have excellent financial returns with faith-driven entrepreneurs? Absolutely, yes!" (09:43)
"The majority of Christian businesses out there are not as good as their secular counterparts" (10:02)
"When a Christ-follower does come to understand that they've been called to create and that as entrepreneurs and business owners they are absolutely communing with the living God in the work that he's doing in bringing about his kingdom on earth as it is in heaven—when they can grasp that they run circles around their secular counterparts."(11:00)
The primary challenge facing Christian entrepreneurs and business leaders today (13:01)
The marks of a faith-driven entrepreneur (13:31)
Faithfulness vs. willfulness (13:50)
Excellence (14:51)
How to do ministry and work well (14:58)
Valuing partnership (15:09)
It is amazing how an understanding of being made in God’s image can impact our lives. Continuing with these ideas, what does entrepreneurship have to do with the Gospel? (15:47)
When I think of spiritual gifts, apostleship seems like the parallel gift to entrepreneurship. Both are involved in starting new movements or efforts. What do you think about that comparison? When I think of spiritual gifts, apostleship seems like the parallel gift to entrepreneurship. Both are involved in starting new movements or efforts. What do you think about that comparison? (18:06)
How entrepreneurs can continue to develop themselves as leaders and people (22:34)
Time in God's Word, time in prayer, time fasting; it's the accountability of believers (24:04)
Ideas to help an entrepreneur build a capable team (26:32)
Get the right people on the bus (27:31)
Pray about it (27:55)
Here at Best Christian Workplaces Institute, we think Christian workplaces should be the best, most effective places to work. Why do you think Christian organizations sometimes struggle with excellence? What is the fundamental problem? (30:11)