Entrepreneurship vs stewardship
This profound statement was said by Jesus Christ in the parable of the dishonest steward. The main moral lesson which can be drawn from that parable is that we must be faithful in using worldly riches in order to gain spiritual benefits.
However, though the statement was an earthly one with a heavenly meaning, one can derive from it some meaningful business principles and lessons that can help dissolve some arguments on when or whether one should become an entrepreneur or a steward.
Today in the church, we have many believers being taught prosperity in their churches ending up with an inclination towards starting up their own businesses instead of being employees. Their argument will be that since God blesses the work of one’s hands it is therefore more profitable to do your own thing so that you get all the blessing yourself without sharing it with an employer.
This argument has the objectives of maximised personal net worth and having full control of the business yourself instead of reporting to a boss. They desire to do their own thing regardless of whether they are gainfully employed or not.
On the other hand we have a multitude of civil servants and employees in private businesses who are disgruntled over low salaries who think that doing their own thing as opposed to being formally employed can help boost their monthly income. The rationale in their case is not necessarily increased net worth and full control of their business endeavours, but getting what is above the poverty datum line. These are not necessarily eager to be business owners but they are looking for a reasonable pay and are prepared to serve their employer if salary conditions improve.
The arguments being submitted in this debate are philosophically sound and even profound but I think clarifications, definitions and information gathering should be done first before one can safely leave stewardship for entrepreneurship.
Entrepreneurship is simply undertaking and doing your own business while stewardship is simply working for another.
An entrepreneur is a risk-taker while a steward is a care-taker. The outstanding characteristic of an entrepreneur is being adventurous whereas that of a steward is being faithful.
An entrepreneur owns the business but a steward is an employee. An entrepreneur sacrifices his resources towards the success of his business but a steward contributes towards the success of another’s business. The remuneration of an entrepreneur is uncertain and unfixed especially in the staring period and in the times of loss.
Conversely, the salary of a steward should be certain and measurable. It is required of an entrepreneur to have guts but it is required of a steward to have minimum qualifications.
The above details show us the differences between entrepreneurship and employment. But there is a clear similarity in the main objective of these two. It is to earn money. And this brings us to a crucial point: understanding the laws that govern money. The major ones include making money, managing money and multiplying money.
Entrepreneurs are good at making attempts to make money. Stewards are divided into two major groups; those who do the work which leaves the employer free to make money, and those who are good at managing and multiplying the money of their employer.
Armed with these definitions, clarifications and important facts with regard to entrepreneurship and employment let us answer the following questions?
Is being an employee like Jacob and Joseph an unprofitable, cursed thing? When is the right time to become an entrepreneur? Can everyone be an entrepreneur? Can the woes of civil servants and those lowly paid in the private sector be resolved by resorting to entrepreneurship or by a dialogue with their employer?
We will be addressing these issues in ensuing articles and your contributions are most welcome.
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