How to Become an
Entrepreneur Who Integrates
Faith and Religion
LESSONS
Muneja, Mussa, PhD
(These Slides Have Been Adapted and Used by
Permission of South Western Publishing)
ENTREPRENEURSHIP: Ideas in Action
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Slide 1
Chapter 1
Slide 2
Bible and Entrepreneurship
It needs to be clear that the bible was
intended to give concepts which leads
to salvation of human beings
So I want be clear that examples of
entrepreneurship within the bible are
isolated and far fetched (Peter & Paul)
This should not be seen as a
disadvantage
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Chapter 1
Slide 3
Instead it should be seen as a plan of
God to make his people become the
‘salt of the world.’
In this sense we need to learn from
other people and in the process we
become one big family
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Chapter 1
Slide 4
However what differentiates the
Christian entrepreneur from the rest is
that the business is operated ethically
Also Christian entrepreneur is obligated
to give faithful tithe and offerings at the
same time not evade the Caesar's taxi
ENTREPRENEURSHIP: Ideas in Action
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Chapter 1
LESSONS
 1.1 Entrepreneurs: Present and
Past
 1.2 Is Entrepreneurship Right for
You?
 1.3 Identify Business Opportunities
and Set Goals
ENTREPRENEURSHIP: Ideas in Action
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Chapter 1
Slide 6
Lesson 1.1
ENTREPRENEURS:
PRESENT AND PAST
GOALS
Define entrepreneurship.
Learn about
entrepreneurship in history.
Identify the impact of
entrepreneurs and small
business today.
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Chapter 1
Slide 7
WHAT IS AN ENTREPRENEUR?
 Definitions
 People who own, operate, and take the risk
of a business venture are called
entrepreneurs.
 Entrepreneurship is the process of running
a business of one’s own.
 Employees vs. entrepreneurs
 Why do people become entrepreneurs?
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TYPES OF
ENTREPRENEURIAL BUSINESSES
Chapter 1
Slide 8
Manufacturing
Wholesaling
Retailing
Service
Agricultural
Mining and extracting
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EXAMPLES OF
MANUFACTURING BUSINESSES
Chapter 1
Slide 9
 Apparel and other textile products
 Chemicals and related products
 Electronics and other electrical equipment
 Fabricated metal products
 Food products
 Industrial machinery and equipment
 Printing and publishing
 Rubber and miscellaneous plastic products
 Stone, clay, and glass products
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EXAMPLES OF
WHOLESALING BUSINESSES
Chapter 1
Slide 10
 Apparel
 Electrical goods
 Groceries and related products
 Hardware, plumbing, heating equipment
 Lumber, construction materials
 Machinery, equipment, supplies
 Motor vehicles, automotive equipment
 Paper, paper products
 Petroleum, petroleum products
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EXAMPLES OF
RETAILING BUSINESSES
 Auto and home
supply stores
 Building materials
and supply stores
 Clothing stores
 Florists
 Furniture stores
 Gift, novelty, and
souvenir stores
ENTREPRENEURSHIP: Ideas in Action
Chapter 1
Slide 11
 Grocery stores
 Hardware stores
 Jewelry stores
 Retail bakeries
 Shoe stores
 Sporting goods and
bicycle stores
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EXAMPLES OF
SERVICE BUSINESSES
 Appliance repair
 Automotive repair
 Babysitting
 Bookkeeping
 Consulting
 Dance instruction
 Electrical services
 Exterminators
ENTREPRENEURSHIP: Ideas in Action
Chapter 1
Slide 12
 Flower decorating
 House cleaning
 Lawn care
 Painting
 Plumbing
 Translating
 Travel agency
 Tutoring
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Chapter 1
Slide 13
Lesson 1.2
IS ENTREPRENEURSHIP
RIGHT FOR YOU?
GOALS
Identify the characteristics
of successful entrepreneurs.
Assess whether you have
what it takes to succeed in
your own business.
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CHARACTERISTICS OF
SUCCESSFUL ENTREPRENEURS
Chapter 1
Slide 14
Successful entrepreneurs
 are independent
 are self-confident
 have determination and perseverance
 are goal-oriented
 have a need to achieve and to set high
standards for themselves
 are creative
 are able to act quickly
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ASSESS YOUR SUITABILITY FOR
ENTREPRENEURSHIP
Chapter 1
Slide 15
Assess your interests
 Hobbies and interests
 Past experiences
Assess your aptitude
Assess the advantages of
entrepreneurship
Assess the disadvantages of
entrepreneurship
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Chapter 1
Slide 16
JOB ATTRIBUTES CHECKLIST
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I enjoy working with numbers.
I enjoy working outdoors.
I enjoy working with my hands.
I enjoy selling.
I like working with people.
I prefer to work alone.
I like supervising other people.
I like knowing exactly what it is I am
supposed to do.
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ADVANTAGES OF
ENTREPRENEURSHIP
Chapter 1
Slide 17
Entrepreneurs are their own bosses.
Entrepreneurs can choose a business
that interests them.
Entrepreneurs can be creative.
Entrepreneurs can make lots of money.
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DISADVANTAGES OF
ENTREPRENEURSHIP
Chapter 1
Slide 18
Entrepreneurship is risky.
Entrepreneurs face uncertain and
irregular incomes.
Entrepreneurs work long hours.
Entrepreneurs must make all decisions
by themselves.
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Chapter 1
Slide 19
Lesson 1.3
IDENTIFY BUSINESS
OPPORTUNITIES AND SET GOALS
GOALS
Recognize different
businesses you could start.
Identify your own personal
goals.
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Chapter 1
Slide 20
INVESTIGATE OPPORTUNITIES
Library
Small Business Administration
Trade shows
Professional Seminars
Academic Conference
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COMPARE DIFFERENT
OPPORTUNITIES
Chapter 1
Slide 21
 Is there a market? Will people buy?
 How much money would it take? Will I be able to
borrow that much?
 How many hours a week are required? Am I willing to
commit that much time?
 What are the risks? What is the rate of business
failure?
 Do I have the right background? Do others who own
this kind of business have more experience?
 How much money could I make?
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Chapter 1
Slide 22
SETTING GOALS
Financial goals
Nonfinancial goals
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