Ethics of Stewardship Derived from the Bible

The following is a set of business ethics based on biblical teachings.

GOD’S REVELATION IS A TEMPLATE FOR OUR BUSINESS PRACTICES

Biblical EthicsApplied to Business
  • God reveals to us His qualities as an entrepreneur by all the things He creates, as well as the way He organizes and manages.
  • God shows us His great zeal as He faces and overcomes obstacles with initiative and perseverance.
  • God approves of wealth creation (being fruitful and multiplying) throughout the Bible when it’s done to His glory.
  • God has set forth the rules and the rewards for the proper conduct of business
  • Entrepreneurs should learn what it means to be a Godly entrepreneur.
  • Entrepreneurs should seek to make God their role-model for how to be an entrepreneur
  • Entrepreneurs should find the lessons and examples in the Bible that demonstrate His entrepreneurial teachings
  • Entrepreneurs should be trained in how to apply Godly principles for business start-up and growth

GOD’S CALLING IS A GUIDE TO OUR BUSINESS MISSION AND VISION

Biblical EthicsApplied to Business
  • God has called some people to be entrepreneurs as part of their service to others.
  • God never revokes His call to be an entrepreneur, no matter how difficult the business circumstances may appear.
  • God has not excluded any people-group, nation, or culture from the call to create wealth.
  • Entrepreneurs should find out whether or not God has created them to be an entrepreneur.
  • Entrepreneurs should be equipped in both business and stewardship.
  • Entrepreneurs should look for the God-given opportunities that are presented to them throughout their entrepreneurial journey.

GOD’S STANDARDS ARE A MODEL FOR OUR BUSINESS MANAGEMENT

Biblical EthicsApplied to Business
  • God defines business success as being:
  • Viable creating a financial profit (i.e., income that exceeds expenses)
  • Sustainable creating long-term, cross-generational opportunities
  • Generous creating avenues to share with others in need
  • Fair creating material sufficiency while avoiding greed
  • Diverse creating social, intellectual, physical, environmental as well as spiritual abundance
  • Entrepreneurs should lead their business in a manner that brings Godly success, even if it delays their own personal rewards.
  • Entrepreneurs should set prices for their products and services that are affordable to their customers at a reasonable profit.
  • Entrepreneurs should always communicate with employees, customers, vendors and partners in an open, honest and trustworthy manner.
  • Entrepreneurs should constantly invest in their employees, because they are the most valuable asset that God gives to a business.

GOD’S DIRECTION LEADS OUR BUSINESS DECISIONS

Biblical EthicsApplied to Business
  • God connects entrepreneurs with experienced advisors and mentors who can show them how to operate their business with wisdom.
  • God closes doors that lead to dead-ends, and he opens doors that lead to prosperity.
  • God says “NO” to things that are not profitable or appropriate, despite how attractive they may look to us.
  • God says “Yes” to things that are not easy or reasonable in the eyes of the world, to build our faith and dependence upon Him.
  • Entrepreneurs should humble themselves under the discipline and guidance of God, even though it may seem harsh or unreasonable in their estimation.
  • Entrepreneurs should remember that there is no “burn-out” for entrepreneurs who build God’s business, in God’s way, in God’s timing.
  • Entrepreneurs should not forget that God’s yoke is easy and his burden is light.
  • Entrepreneurs should learn to pray regularly about their business (privately as well as with their families and employees).

GOD’S CRITERIA MEASURES OUR BUSINESS QUALITY

Biblical EthicsApplied to Business
  • God defines business significance as:
  • Value-Driven measured by how much value we create, not how much money we make
  • Eternal lasting impact that will not fade or be forgotten
  • Transformative creating positive change for employees, customers, vendors, business partners and the community
  • Edifying having the power to lift people and nations out of poverty
  • Honorable pursued with justice and a concern for the poor, and should be sensitive to each cultural context
  • Liberating reducing the burdens of debt
  • Entrepreneurs should conduct their business in a manner that results in Godly significance, even if it reduces their profits.
  • Entrepreneurs should create products and services that people need and that serve the common good, not to exploit someone else’s weakness or vulnerability.
  • Entrepreneurs should have integrity and build trust with everyone they come in contact with in business.

GOD’S DESTINY INFORMS OUR BUSINESS PLANS

Biblical EthicsApplied to Business
  • God creates opportunities for businesses that glorify Him.
  • God shapes our circumstances to help us achieve the outcomes destined for us.
  • Entrepreneurs should listen to their employees, customers, vendors and partners so that the best ideas are implemented.
  • Entrepreneurs should develop wise plans for their business, even if it means giving up their “get rich quick” notions and dreams.
  • Entrepreneurs should seek the advice of wise counselors and the Holy Spirit on how to implement their business plans.

GOD’S PROVISION SUPPLIES OUR BUSINESS RESOURCES

Biblical EthicsApplied to Business
  • God has created a world that flourishes with abundance and diversity.
  • God has gifted us with the talents, characteristics and personality to succeed as an entrepreneur.
  • God supplies all the needed resources to fulfill His goals for our entrepreneurial future.
  • God fulfills the physical and spiritual needs of entrepreneurs who choose to follow the principles of Godly Stewardship.
  • Entrepreneurs should be full of hope, faith and certainty as they follow the path God has set for them.
  • Entrepreneurs should persevere in overcoming the obstacles that block their path, by remembering God’s call to them when they started the journey.

GOD’S BLESSING PRODUCES OUR BUSINESS PROFITS

Biblical EthicsApplied to Business
  • God prospers entrepreneurs so that they can be a blessing to their families and their community.
  • God puts a high priority on relieving poverty, hopelessness, oppression and starvation.
  • Entrepreneurs should help their neighbors to flourish as fellow stewards, and to pass on a flourishing economy to future generations.
  • Entrepreneurs should make agreements that are a win-win for everyone they do business with.
  • Entrepreneurs should be grateful for all that God does to make them prosperous.