Cory Belfon and Des Stewart are the co-founders of GoodtoGive and hosts of "The Business of Church" podcast. With extensive backgrounds in entrepreneurship and business strategy, they have built and scaled successful businesses from the ground up. Their expertise spans across finance, operations, and technology, making them seasoned veterans in navigating the intricacies of business. Cory and Des are known for their insightful business acumen, deep involvement in community initiatives, and their unwavering commitment to blending sound business principles with impactful ministry work.

Episode Summary:

In this landmark 12th episode of "The Business of Church," hosts Cory Belfon and Des Stewart flip the script by becoming the guests. This engaging conversation is moderated by Katrina Douglas, who delves deep into the entrepreneurial minds of Cory and Des, exploring their business philosophies, strategic approaches, and the core principles that have guided their success. The discussion provides a rich, insider view into the dynamics of starting and scaling a business, the importance of teamwork, and the practicalities of managing finances and personal branding.

From building a cash flow forecast to deciding between bootstrapping and venture capital, Cory and Des share invaluable lessons learned from their journey. Their shared experiences underline the significance of balancing passion with pragmatism, the necessity of surrounding oneself with like-minded, skilled individuals, and the importance of resilience and adaptability in business. Key moments include reflections on their past businesses, thoughts on the future of entrepreneurship, and the vital role of community support systems like the newly launched Pentecostal Community Bank.

Key Takeaways:

• Team vs. Solo Approach: Building a strong team from the start can provide diverse skill sets and distribute workload, but if you lack a supportive network, starting solo with the goal to gradually build a team might be more practical.
• Essential Planning Tools: Cash flow projections and understanding the costs involved in delivering services are crucial in the business planning phase. Spreadsheets and realistic forecasts can help navigate early financial challenges.
• Managing Finances in Business: Entrepreneurs often pay themselves last. It's essential to manage personal expectations against business needs to ensure sustainability and growth.
• Branding Strategy: While personal branding is often highlighted, building a strong company brand is crucial for longevity and potential saleability, ensuring the business can succeed beyond the founder's involvement.
• Risk and Reward: Younger entrepreneurs should consider taking more calculated risks and not shy away from hiring better-skilled individuals to propel the business forward faster.

Notable Quotes:

• Cory Belfon: "Building a business that works without you being in it day-to-day is the real benefit. If not, you're basically just creating another job for yourself.
• Des Stewart: "We have always believed that if you provide a good service, the money will come."
• Katrina Douglas: "Proximity is important. Sometimes it's not just about lessons someone tells you, but watching how they make decisions and what they say yes or no to."
• Cory Belfon: "You need to know your weaknesses and learn to delegate when you reach a certain point."
• Des Stewart: "Every bit of success involves risk, and ensuring you have the right people around you can mitigate those risks significantly."
• 
  

Resources:

• Pentecostal Community Bank: Formerly known as the Pentecostal Credit Union, recently launched as the UK's only black-owned bank.
• Books and Training: Mentioned as essential for gaining knowledge and acumen in the early stages of entrepreneurship.
• Milton Matthew's Incubator: Focused on helping professionals build businesses around their expertise.

Don't miss out on this deep dive into the minds of successful entrepreneurs who balance the realms of business and ministry seamlessly. Listen to the full episode and stay tuned for more insights from "The Business of Church" series!

Mike White: Pastor Mike White is a leading figure at the Tab Church, a thriving congregation boasting around 2,500 members with a strong digital presence through their e-tribe. With a rich history rooted in both faith and leadership, Mike took on the mantle of pastor at the tender age of 24. Known for his effective transitional leadership, he has successfully bridged the gap between traditional and contemporary modes of worship and church administration.

Des Stewart and Cory Belfon: Des Stewart and Cory Belfon are the hosts of the "Business of Church" podcast. Des brings extensive experience from his upbringing in the Church of God of Prophecy, while Cory grew up in a traditional Catholic environment. Together, they provide financial and gift aid services to faith-based charities through their business, Good to Give, and focus on aligning faith with effective business practices.

Episode Summary:

In this episode of the "Business of Church" podcast, hosts Des Stewart and Cory Belfon sit down with Pastor Mike White to delve into the intricacies of church leadership and effective management. Mike White shares insights from his remarkable journey of becoming a pastor at 24 and discusses the challenges of leading a multigenerational congregation. Mike emphasizes the significance of succession planning, transitional leadership, and the importance of a supportive network of mentors and advisors.

Throughout their conversation, they touch upon key topics such as the role of metrics in church administration, the necessity of business-like operations in faith-based organizations, and the dynamics of collaboration among different churches and denominations. The episode also brings to light the cultural and generational shifts within church communities, and the need for modern churches to adapt in order to stay relevant. As Mike discusses the balance between spirituality and practicality, listeners gain valuable insights on how to create a sustainable and effective church environment.

Key Takeaways:

• Transitional Leadership: Mike White highlights the importance of effective succession planning and transitional leadership in both corporate and church settings.
• Metrics and Management: The episode underscores the necessity of employing metrics to manage church operations, such as attendance, budget, conversions, and digital presence.
• Importance of Collaboration: Collaboration between churches and external organizations can lead to transformative projects that serve the community effectively.
• Navigating Challenges: The conversation includes strategies for managing resistance and fostering unity within a diverse congregation.
• Digital and Physical Outreach: Emphasizing the role of digital platforms, Mike talks about the need for churches to maintain a robust online presence to reach and engage a wider audience.

Notable Quotes:

"The first act of love is listening." - Mike White

"If you’re not digital, often you’re invisible in this generation." - Mike White

"You need to collaborate and partner with people around you in your teams who know more than you about certain things." - Mike White

“I believe collaboration breeds transformation.” - Mike White

“The blessing, first of all, in the book of Genesis arrives on a 'them', not a 'him or her'.” - Mike White

Resources:

• The Tab Church: Tab London
• Good to Give: Good to Give
• Carey Nieuwhof Leadership Podcast: Carey Nieuwhof Leadership Podcast

Listen to the full episode to gain a deeper understanding of effective church leadership and how integrating business practices can enhance faith-based organizations. Stay tuned for more enlightening episodes from the "Business of Church" podcast.

Watch all our podcast episodes on YouTube https://www.youtube.com/@goodtogiveLtd

Ken Okafor: Ken Okoroafor is a financial expert and the co-founder of The Humble Penny and Financial Joy Academy, along with his wife, Mary. Ken has a distinguished background as a Chief Financial Officer in the financial services industry with over 14 years of experience. He is also the co-author of the book "Financial Joy," which focuses on achieving financial independence and improving financial literacy. Ken is noted for his work in financial education, particularly within immigrant communities.

Episode Summary:

In this engaging episode of the Business of Church podcast, hosts Des Stewart and Cory Belfon sit down with financial expert Ken Okafor to delve into the intricacies of building financial health within communities, particularly faith-based groups. Ken, co-founder of The Humble Penny and Financial Joy Academy, shares his journey from a highly demanding career in finance to becoming a beacon of financial literacy and independence for many. Amidst light-hearted banter and insightful discussions, the episode touches on Ken’s Nigerian roots and how entrepreneurial spirit and financial prudence from his heritage shape his mission today.

Throughout the conversation, Ken highlights the pivotal role of mindset, skillset, and toolset in achieving financial freedom. By drawing on personal anecdotes and professional experience, he underscores the importance of living below one's means, investing wisely, and fostering a communal approach to wealth building. The discussion veers into practical strategies for financial literacy within the church, the transformative power of collaborative community efforts, and the vital practice of managing one's time and reducing distractions. Ken also entertains questions about navigating financial advisory services and the implications of leveraging modern technologies like AI in the financial space.

Key Takeaways:

• Mindset Shift: Financial success starts with a shift from a scarcity mindset to a communal, abundance mindset, focusing on collective progress.
• Investment Basics: Ken emphasizes the importance of living below your means and investing wisely, even starting with small amounts to grow wealth over time.
• Community Wealth Building: Strategies for building wealth within communities include leveraging family networks, having clear financial goals, and instilling disciplined financial habits.
• Financial Literacy in Churches: Churches can improve financial health by inviting financial experts to educate their congregations, thereby increasing overall financial literacy and well-being.
• Role of Data and AI: Data collection and new technologies play a critical role in identifying and bridging wealth gaps, showcasing the future impacts of AI on financial management.

Notable Quotes:

1. "A lot of times people think your money blueprint is only related to your parents; actually, it goes back to your grandparents." – Ken Okafor
2. "If you can get your congregation to learn to steer with their money better, do you know how powerful that is?" – Ken Okafor
3. "We have to be okay talking about money and not be afraid of it." – Ken Okafor
4. "Financial freedom isn’t just a one-way destination. For some people, that path is via entrepreneurship; for others, it's the stock market or other assets." – Ken Okafor
5. "One of the most frustrating things we can have is a life where you don’t feel like you’re in control of your time." – Ken Okafor

Resources:

• The Humble Penny
• Financial Joy Academy
• The book by Ken Okafor: Financial Joy
• Episode mentions: Index funds, ETFs, and various investment strategies.
• Watch the video version of this episode on GoodtoGive's YouTube channel
• goodtogive.co.uk

For more insights and actionable advice from this enlightening conversation, listen to the full episode. Stay tuned for more episodes of the Business of Church podcast, where we explore the intersection of faith, community, and financial wellness.

Reverend Timothy Ramsay

Reverend Timothy Ramsay is a seasoned minister and the leader at Place of Grace. He has profound experience in shepherding congregations and organizing impactful conferences. Rev. Ramsay is known for his sound biblical teachings and his commitment to fostering unity within the Christian community.

Apostle Phil Vermeulen

Apostle Phil Vermeulen serves at My Church London and is a dynamic spiritual leader recognized for his innovative approaches to ministry and leadership. He focuses on building cohesive communities and driving initiatives that promote holistic spiritual growth and community engagement.

Episode Summary:

In this episode of the Business of Church Podcast, hosts Des Stewart and Cory Belfon are joined by returning guests, Reverend Timothy Ramsay from Place of Grace, and Apostle Phil Vermeulen from My Church London. This engaging conversation explores the intricacies of church leadership, the importance of unity within the Christian community, and innovative ways churches can work together for a greater impact.

The main theme revolves around the concept of biblical unity, juxtaposed with modern-day church dynamics. The guests delve into the benefits and challenges of church collaboration, examining successful conference elements, and the need for a systematic approach to unifying churches. They also discuss the impacts of AI on society, envisioning future possibilities for church operations and community building. The dialogue concludes with practical ideas on developing a framework that could revolutionize how churches operate collectively.

Key Takeaways:

• Unity Beyond Uniformity: Unity in the church doesn't mean uniformity; it’s about empowering leaders to express their uniqueness in building a cohesive community.
• Systems and Tools: Effective church management relies on modern systems and software to streamline operations and enhance community engagement.
• Framework for Collaboration: A well-documented framework can serve as the foundational document for churches looking to collaborate more effectively.
• Leadership and Governance: A plurality of elders and a strong governance structure are essential for maintaining unity and accountability within church leadership.
• Impact of AI: AI presents both opportunities and challenges; churches must adapt and find ways to leverage technology without losing the human touch.
• 
  

Notable Quotes:

• Phil Vermeulen: "Unity does not necessarily mean uniformity."
• Timothy Ramsay: "Creating teams has helped manage some of the day-to-day that happens in the church."
• Phil Vermeulen: "To achieve the Lord's favor, we must endeavor to keep the unity of the spirit in the bond of peace."
• Timothy Ramsay: "The problem is we're always looking for a Moses or a Joshua."
• Phil Vermeulen: "Find God outside of the box; we need a company of people to wield the keys to the kingdom."

Resources:

• Reverend Timothy Ramsay: Twitter, LinkedIn
• Apostle Phil Vermeulen: Twitter, LinkedIn
• Bible Reference: Psalm 133, The Book of Acts
• My Church London Instagram
• The Place of Grace UK Instagram

• Podcasts Mentioned:
• The Naked Bible by Dr. Michael Heiser
• Living Life Intentionally by Apostle Joshua Galman

For more inspiring discussions and practical insights into the business of church, don’t forget to tune into the full episode and follow our podcast for more enlightening content. Stay connected and be a part of our growing community!

Watch the video of this episode on YouTube

Michael Williamson and Michele Williamson are the dynamic husband and wife duo leading the London International Christian Church. Michael, a former VP of Business Development for a tech firm and an industry professional in film and TV, transitioned into full-time ministry after a transformative spiritual journey. Michele, with a rich multicultural background and a strong family heritage, plays a crucial role in their ministry efforts. Together, they have spearheaded the growth of multiple church congregations across Europe, emphasising a unique blend of modern outreach methods and heartfelt mentorship.

Episode Summary:

In this engaging episode of the Business of Church podcast, hosts Des Stewart and Cory Belfon have a heartfelt and enlightening conversation with Michael and Michele Williamson from the London International Christian Church. They delve into the couple’s inspiring personal journeys, their radical career shifts into ministry, and their experiences building a thriving church community in London.

Throughout this discussion, they touch on profound themes such as the intersection of faith and business, the challenges of modern-day evangelism, and the essential role of mentorship and genuine relationships. Michael and Michele also share their insights on the future of the church, potential uses of AI in ministry, and the importance of transparency and strategic financial planning in fostering a sustainable church environment. This episode is a treasure trove for anyone interested in church growth, leadership, and the innovative ways faith communities can adapt to contemporary challenges.

Key Takeaways:

• Faith-Driven Transformation: Michael and Michele's personal stories highlight how faith can dramatically change life directions and career paths.
• Mentorship and Genuine Relationships: Building meaningful relationships and providing strong mentorship, especially to young members, is crucial for a thriving church community.
• Financial Transparency and Planning: Transparent financial practices and strategic planning are essential for sustainable church growth and community impact.
• Innovative Church Outreach: Modern methods like AI, arts, music, and sports can play significant roles in making the church more relatable and appealing to younger generations.
• Global Impact: The Williamsons' efforts in expanding their ministry across Europe showcase the importance of vision and dedication in spreading faith internationally.

Notable Quotes:

1. "There's two paths that I believe you can take in life: the path of humility and the path of humiliation." – Michael Williamson
2. "We left both professions, sold everything, and moved here in 2010." – Michael Williamson
3. "The fear of the Lord is the beginning of knowledge." – Michael Williamson
4. "We were the foundation of twelve other churches across Europe." – Michele Williamson
5. "We inspire kids, we mentor them, we challenge them physically, educationally, in every way." – Michael Williamson

Resources:

• London International Christian Church: Website
• Follow Michael and Michele Williamson on social media for more updates and inspirational content: Michele Instagram, Michael Instagram
• Relevant concepts: AI in Ministry, Transparent Financial Practices, Mentorship and Youth Outreach

Don't miss out on this insightful episode packed with real-life experiences, essential church leadership insights, and innovative approaches to modern ministry challenges. Tune in now and stay tuned for more enriching discussions on how faith intersects with everyday life and leadership.

Alex Dawson is the founder and director of Alex Martin Commercial, a company established in 2010 that specialises in supporting faith-based groups to secure and acquire church buildings. With over 15-20 years of experience in the property market, Alex has become a prominent figure in the church property sector, especially within the Greater London area.

Pastor Priscilla Asibey is an investment analyst with a proficient background in portfolio and fund management, financial analysis and modeling, mergers and acquisitions, and real estate projects. She is the deputy head of the Treasury Operations Department at Ghana International Bank. Alongside her professional career, she is also closely involved in the International Gospel of Truth Church (IGTC UK) as pastor Sylvester Apoku Manu's wife, who has been in ministry for more than 17 years.

Episode Summary:

In this riveting episode of the Business of Church podcast, hosts Des Stewart and Cory Belfon welcome Alex Dawson and Pastor Priscilla Asibey to discuss the complexities and triumphs of acquiring a church building. The conversation delves into the tenacity and faith required to navigate the property market and the strategic planning that led to the purchase of a building for the International Gospel of Truth Church.

The journey opens with Pastor Priscilla sharing the arduous process of relocating the church multiple times due to change of use requirements and escalating rental expenses. The discussion sheds light on the church's relentless pursuit of securing a permanent home and the substantial financial and personal sacrifices made to achieve this goal. Alex Dawson weighs in as an agent from the property sector, providing candid realism and advice to faith organisations on the cut-throat arena of commercial real estate, especially within London.

• The episode zeroes in on the importance of financial readiness and having a robust business strategy in addition to spiritual conviction.
• Alex discusses the challenges churches face within the property market, notably the high demand versus limited supply of suitably classified buildings.
• Pastor Priscilla's account is a testament to the rewards of daring faith coupled with sound financial management and planning.
• The contrast between the need for being commercially savvy and reliance on divine intervention is thoughtfully explored.
• Strategies for long-term financial planning and securing sufficient funds for property acquisition are addressed.

Key Takeaways:

• Transparency, strategic long-term planning, and the readiness to make personal sacrifices are crucial for securing a church building.
• Commercial mortgages for church properties often require a deposit exceeding the standard 30% due to market competition.
• It's vital to be on the property ladder to ensure growth and legacy for the church community.
• Trusting relationships and clear communication with agents and financial institutions can significantly influence the outcome of property acquisitions.
• Faith-based organisations must balance spiritual beliefs with pragmatic and informed financial decisions.

Notable Quotes:

1. "The only way a church ever gets on the property ladder is with a story like this, bouncing from building to building..." - Alex Dawson
2. "You need to be sat with your bank manager or your financial broker and be able to press the button." - Alex Dawson
3. "You've got to get on the ladder and they, their ego, their pride doesn't allow it... create the foundation." - Alex Dawson

Resources:

• Alex Martin Commercial: Website
• International Gospel of Truth Church (IGTC UK) information: Website
• Good to Give: Website

Tune in to the full episode to immerse yourself in the engaging conversation featuring Alex Dawson and Pastor Priscilla Asibey. Learn from their experiences,

Pastor Timothy Ramsay Pastor Timothy Ramsay serves as Senior Pastor at The Place of Grace UK, a vibrant church in the heart of London. Pastor Ramsay and his wife, Adwoa Ramsay are also devoted parents to their three children: Timmika, Shiloh and Josiah and their grand children, Lylaa-Rose and Saint-Monroe and enjoy spending time with them above all else.

Pastor Timothy Ramsay’s heart is to teach people what the Word of God powerfully in a way that inspires, practically in a way that can be applied and prophetically, in a way that speaks to the future God has for them. He has been pastoring for almost 20 years.

Prophet Phil Vermuelen is married to Pastor Anneline and they have three beautiful boys. MyChurch London was planted in January 2011 in their home in Wembley, UK. Apostle Phill first received the call of God at the tender age of 17 and both he and his wife have been serving in ministry for over 20 years. Apostle Phill completed his theological studies in 2002 and has a heart to see men and women of God raised up and released into their prophetic destiny. He is the author of Prophetic Intelligence, which is a great source demystifying the prophetic call and function. He has also released a new book entitled The Honour Code.

Episode Summary:

In this thought-provoking episode of "The Business of Church," hosts Des Stewart and Cory Belfon engage with two profound spiritual leaders, Pastor Timothy Ramsay and Prophet Phil Vermuelen, in a discussion that revolves around fostering unity within the church community and the broader implications of such unity on society. The conversation delves into the intricacies of balancing doctrinal adherence with the evolving nature of contemporary culture.

The episode begins with an intimate look into the personal journeys of the guests, shedding light on decisive moments that shaped their paths to leadership within the church. As the dialogue unfolds, the notion of unity takes centre stage, with a critical analysis of how churches can maintain doctrinal purity while adapting to societal progressions.

Furthermore, the dialogue explores the practical aspects of running a church with business acumen, centring around the idea of collaboration to achieve common goals. The notion that unity can indeed be a powerful catalyst for positive societal change is underscored, urging church leaders to consider new models of cooperation and shared resources.

Key Takeaways:

• Unity in the church extends beyond mere collaboration; it requires a shared vision and recognition of a common goal that transcends individual agendas.
• Successful leadership within the church community demands humility, adaptability, and a willingness to engage with congregation members on a personal level.
• Innovative thinking and the utilisation of contemporary tools, such as AI, could play a significant role in reaching and engaging modern audiences.
• The power of coming together as a community is highlighted, offering the potential for achieving significant societal influence and support for congregation members.
• A willingness to rethink and potentially restructure current church practices is needed to accommodate changing cultural and economic landscapes.

Notable Quotes:

• Pastor Timothy Ramsay: "There is more that unites us than divides us."
• Prophet Phil Vermuelen: "The purpose of this gospel is never to be untouchable, but to touch the people."
• Pastor Timothy Ramsay: "The scriptures were written to a certain time, to a certain people, in a certain culture."
• Prophet Phil Vermuelen: "One of the mandates of every leader is to translate heaven into contemporary culture."

Resources:

• My Church London - www.mychurch.uk/
• Place of Grace UK - www.instagram.com/theplaceofgraceuk/
• Good to Give - www.goodtogive.co.uk/

Join us for an exploration of faith and leadership where we untangle the complexities of unity and discuss its profound impact on the church and beyond. Listen to the full episode for a deeper understanding

Omar Tackie is a young pastor hailing from ARC 2.0 Church, recognised for his transformative journey and deep impact on people's lives. Not raised in a Christian background and grappling with atheism during his teen years due to personal trauma and hardships, Omar experienced a pivotal encounter with God at the age of 23. This encounter radically altered his worldview and placed him on a path of spirituality and service. With no prior intention to become a Pastor, Omar found himself drawn into the ministry full-time during the drastic shift of 2016 and now stands as an inspirational figure in his community.

Episode Summary:

In this enlightening episode of the Business of Church podcast, hosts Cory Belfon and Des Stewart engage in a candid conversation with Omar Tackie from ARC 2.0 Church. The discussion offers viewers a deep dive into Omar's personal transformation from a life marked by suicidal thoughts and a denial of faith to an inspiring pastor leading a congregation with passion and purpose.

Omar shares his transformative experience, revealing his shift from atheism to becoming a pastor at ARC 2.0 Church. Striving to achieve a balance between his pastoral duties and the administrative aspects of running a church, Omar discusses the challenges, including finances and navigating the pressures that come with his title. He stresses the importance of not succumbing to ego or allowing self-promotion to obscure his primary goal of saving souls and connecting with the community he serves.

Key Takeaways:

• Omar's key life transformation occurred at age 23, leading to his deep commitment to spirituality and pastoral work.
• Facing challenges as a Pastor, Omar emphasises the need for a support system and the distribution of responsibilities within the church.
• The topic of artificial intelligence and its societal implications sparks a thought-provoking segment of the discussion.
• Omar's committed to ensuring that the use of emerging technologies like AI aligns with the true purpose of the church and humanity.

Resources:

• Watch the video of this episode at https://www.youtube.com/@goodtogiveLtd
• Follow and find out more about ARC 2.0 https://www.instagram.com/arc2uk/
• Follow Omar Tackie on Instagram https://www.instagram.com/omartackie/
• Find out more about GoodtoGive https://www.goodtogive.co.uk/

In this heartfelt episode, we hear from Lauralie Wauchope, a driven individual who has faced significant personal losses. Lauralie, hailing from a Pentecostal church background, has navigated the complexities of grief and used her experience to advance in her career path. She is now a relationship and bereavement coach, as well as a grief coach, providing guidance to those enduring similar journeys.

Episode Summary:

In an episode that delves into the personal trials and tribulations of dealing with loss, Lauralie Wauchope recounts her journey through grief and the rediscovery of purpose after tragic bereavement. The conversation opens with candid reflections on life setbacks and the daily struggle to maintain normalcy in the face of personal loss. Lauralie discusses the intimate relationship between physical health and mental well-being, emphasising the importance of self-care and routine.

As the discussion unfolds, Lauralie shares her powerful story of coping with the grief of losing her father, a close friend, and her husband within a short span. She talks about the emotional impact of these losses and how she wrestled with the darkness of grief, finding solace eventually through a grief recovery course and a renewed focus on faith.

The episode further explores Lauralie's calling to aid others in their own grief journeys. She reflects on the limitations of church support in matters of bereavement and expresses a profound understanding of the unique and solitary nature of grief, advocating for professional and tailored support for the bereaved. Lauralie's move into becoming a funeral arranger signifies her commitment to comprehensively understanding and addressing the multifaceted aspects of loss.

Key Takeaways:

• Life can present overwhelming challenges, and Lauralie's story is a testament to the resilience and fortitude needed to overcome personal grief.
• There's an intrinsic link between mental and physical health, with both aspects heavily influencing each other during times of emotional distress.
• Grief is an individual journey, and the process of healing must be self-led, often requiring solitude and deep personal reflection.
• Support systems, including faith communities, may lack the necessary tools to address bereavement's complexity adequately.
• Lauralie Wauchope emphasises the significance of specialised coaching and support to navigate grief's intricate pathways.

Resources:

• If your experiencing grief and would like to be connected with Lauralie please email marketing@goodtogive.co.uk
• To watch the Business of Church podcast visit our YouTube channel https://www.youtube.com/@goodtogiveLtd/playlists
• If you want to increase your church or charity's income and impact visit https://www.goodtogive.co.uk/
• For more tips and advice, connect with us on social media
• https://www.instagram.com/goodtogiveuk
• https://www.linkedin.com/company/good-to-give-limited

Katrina Douglas is a seasoned marketing professional who has built a robust reputation in the field. Known for her strategic thinking and ability to evolve and adapt in various areas of business, Katrina has followed a formal path to success, with a solid academic background in business management and marketing. Katrina is not only passionate about her craft but also intertwines her business acumen with her faith, believing that business can be a ministry in the marketplace.

Episode Summary:

In this insightful episode, Katrina Douglas engages in a captivating conversation filled with personal anecdotes, a deep dive into the intersection of faith and business, and the evolution of her career in marketing. From the onset, the discussion sparks intrigue as Katrina recounts the pivotal moments that led her to choose marketing as her career path. The introductory tone is reflective and motivating, hinting at the intertwining journey of personal growth, entrepreneurship, and the inherent challenges within.

Following a heartfelt glimpse into Katrina's early motivations, the episode then unfolds into a candid exploration of the role that faith and support networks have played in her life. The conversation casts a light on decisive moments, such as returning to university post-maternity and facing financial adversity, revealing Katrina's resilience and strategic mindset. Key themes throughout include the value of entrepreneurship within the church community, the importance of sound business practices, and the synergistic relationship between faith and enterprise.

Key Takeaways:

• Katrina Douglas' journey into marketing was driven by her passion for business and the desire to provide for her family amidst challenging circumstances.
• Support systems, such as family and faith, played a crucial role in her ability to persevere and succeed against the odds.
• Entrepreneurial thinking and business acumen can and should coexist harmoniously with spiritual leadership within the church.
• Katrina emphasises that true faith in business involves action and partnership with God, not passivity.

The conversation underscores the importance of churches embracing sound business principles and marketing strategies to further their mission and financially sustain their communities.

Notable Quotes:

"For me, it was just like, I don't really know how this is going to work, but I know I need a date to get back to school."

"I've always wanted to finance the gospel. I always want to finance social good. You need money to make stuff happen."

"Marketing is just being known, liked, and trusted enough for people to engage with you."

"God is our CEO fundamentally. But that doesn't mean that we shouldn't cultivate and develop these skills."

Resources:

• If you want to increase your church or charity's income and impact visit https://www.goodtogive.co.uk/
• For the video version of this episode and all episodes visit and subscribe our YouTube channel https://www.youtube.com/@goodtogiveLtd
• For more tips and advice, connect with us on social media
• https://www.instagram.com/goodtogiveuk
• https://www.linkedin.com/company/good-to-give-limited

Pat Reid is a serial social entrepreneur and minister with 30 years of experience intersecting business and ministry. As a pastor's kid (PK), Reid's life has been deeply rooted in the church, but he has also pursued a path that integrates his faith with ventures aimed at social impact and community betterment. He is a proponent of viewing business as a ministry and believes in the innate qualities of entrepreneurs to envision and take risks. His work has spanned from starting a home shopping business to setting up a community centre equipped with recording studios and much more, demonstrating his commitment to fostering talent and providing opportunities for personal and professional growth in his community.

Episode Summary:

In this compelling episode of "The Business of Church," hosts Corey Belforn and Des Stewart engage with the remarkable Pat Reid, exploring his journey through ministry and entrepreneurship over the last three decades. Pat brings a conviction that business and faith are intertwined, offering insights into how churches can nurture talent and effectively serve their communities.

From his early years raised in a pastoral family to making impactful strides in both business and ministry, Pat unpacks the philosophy behind his actions, guiding principles, and the legacy he hopes to instil. The conversation delves into identifying entrepreneurial spirits, building community connections, and creating platforms for growth and success both within and beyond church walls.

Key Takeaways:

• Business and ministry should not operate as separate entities but as integrated efforts that complement each other.
• Churches can serve as vital resources for the community, providing much more than just spiritual guidance but also practical support.
• Recognising and nurturing entrepreneurial traits can lead to innovative ways of community engagement and service.
• Successful teams need diverse roles, including risk-taking entrepreneurs, meticulous managers, and dedicated workers.
• Planning for succession and legacy is crucial in both business and ministry, keeping longevity and impact at the forefront of leadership transitions.

Notable Quotes:

• "How do you spell entrepreneur? R-I-S-K. Because you're just built with a desire to take a risk, a desire to cut another path…" - Pat Reid
• "It's what you see with your mind that others miss with their eyes." - Pat Reid
• "No matter what age you are, you lose a parent… It's a grieving process that happens no matter what age you are." - Pat Reid
• "You want your children to outdo you… to stand on your shoulders and become greater than you." - Pat Reid

Resources:

• If you want to increase your church or charity's income and impact visit https://www.goodtogive.co.uk/
• For the video version of this episode and all episodes visit and subscribe our YouTube channel https://www.youtube.com/@goodtogiveLtd
• For more tips and advice, connect with us on social media
• https://www.instagram.com/goodtogiveuk
• https://www.linkedin.com/company/good-to-give-limited

Bishop Wayne Malcolm, also known as "The Business Bishop," brings a unique perspective to ministry through his business acumen and entrepreneurial spirit. He started his professional life as an independent financial consultant, which provided him a solid foundation in sales, leadership, and management. His transition to ministry at 21 led to the rapid growth of his church, where he applied strategic business principles to church building. Malcolm is not only recognised for pioneering innovative ministry approaches but also hosts an annual leadership development conference attended by pastors eager to incorporate business strategies into their ministry. His expertise extends beyond the spiritual realm as he also serves as a business development coach, equipping entrepreneurs in the private sector with essential skills for success.

Episode Summary:

In the latest episode of "The Business of Church" podcast, Bishop Wayne Malcolm shares his distinctive approach to ministry, fusing together his background in finance and entrepreneurship with his calling to serve God's purpose. With the digital age transforming how organisations operate, Malcolm emphasises the significance of online presence and social media in establishing a ministry’s existence today.

Malcolm candidly discusses the necessity of financial planning and strategic business practices as the bedrock for planting and growing successful churches. He addresses the outdated reliance purely on faith-based funding and outlines the importance of generating alternative revenue streams through entrepreneurship within the church. The episode offers a deep dive into the nuanced relationship between business and spirituality, highlighting the evolving understanding of how best to manage and fund modern-day ministries.

Key Takeaways:

• It is crucial to have a strategic business approach to ministry, which includes creating an online presence and engaging with social media platforms.
• Starting a church requires significant financial preparation and should be treated similarly to launching a business, factoring in operating costs and resource allocation.
• Bishop Malcolm advises young ministers to count the costs upfront and suggests starting with a cash sum to cover expenses for a significant period.
• A shift in church culture towards entrepreneurship is necessary, where services can be offered and profit margins included to sustain ministry operations.
• The importance of incorporating technology, such as AI, into ministry practice, while emphasizing the necessity for it to aid, not replace, personal study and sermon preparation.

Notable Quotes:

• "The new due diligence is, do you exist online? Do you have social media handles?" - Wayne Malcom
• "You're going to have to become somewhat entrepreneurial, have some services that you can sell." - Wayne Malcom
• "We reached the crossroads several years ago and realized that you cannot fund a ministry on donations alone." - Wayne Malcom
• "How it's managed, administrated and how it's financed and funded and that thinking about that and learning about that so that you can be more strategic and intentional about it…" - Wayne Malcom

Embark on a thought-provoking journey with Bishop Wayne Malcolm as he unveils the intersection of business strategies and ministry growth. Tune in to the full episode for a treasure trove of insights that will revolutionize how you perceive the business of church. Don't miss out on more captivating discussions—stay connected with us for upcoming episodes.

00:00:00 Strategic approach to doing ministry and the importance of online presence

00:02:11 Early memory of journey starting in financial services

00:04:24 Confidence gained from financial services experience

00:06:00 Strategic approach to church growth and scalability

00:07:58 Overcoming traditional church practices and hosting own conference

00:10:43 Differences between national conventions and Bishop Malcolm's conference

00:12:11 Importance of sharing ideas and equipping ministers for success

00:13:03 The shift in church agendas towards a more holistic approach

00:14:18 The increasing focus on mental health, finance, and relationships in churches

00:16:15 The need for churches to have a formal business structure

00:18:28 The importance of counting the cost and being strategic in funding a church

00:23:36 The need for churches to be entrepreneurial and seek additional sources of funding

00:25:08 Personal experience of starting a business with a seed investment

00:26:27 The profitability of businesses in the first few years

00:26:51 Church founders are already entrepreneurs and should embrace it

00:28:34 AI can be used in church for sermon preparation and research

00:29:52 AI is an opportunity, not a threat, and can save time

00:30:32 Congregation's objection to pastors using AI is similar to objections to using Google

00:32:35 AI is a tool that can help pastors with research, but they should still pray and study

00:33:47 Business of ministry is important and pastors should be strategic and intentional about it

00:35:38 Pastors should utilise available services and maximise income opportunities

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Des Stewart and Cory Belfon are the founders of Good to Give, a company that helps churches maximise their income potential through gift aid and financial management. They have a wealth of experience in business and a passion for helping churches thrive.

Summary:

Des Stewart and Cory Belfon, founders of Good to Give, share their journey from childhood friends to business partners. They discuss the importance of ambition, friendship, and values in their entrepreneurial journey. They also talk about the challenges they faced in their previous business and how it led them to start Good to Give. Des and Cory emphasise the need for professional services and support in the church market to help churches maximise their income potential and make a difference in their communities.

Key Takeaways:

• Ambition and a similar attitude towards life brought Des and Cory together as friends and business partners.
• The foundation of Good to Give is their friendship and shared values.
• Opportunities can change the trajectory of your life, but it's important to say yes and take advantage of them.
• Building a successful business requires creating value and being professional.
• It's important to have a support system and seek mentorship in business.
• The church market is in need of professional services and support to maximise their income potential.

Quotes:

• "We've always had ambition, I think. And even though we never sat down and spoke about ambition, we had a similar attitude to life." - Des Stewart
• "It's not a business, but it has to be managed like a business." - Des Stewart
• "You have an obligation, I mean, if people are going out working hard and then giving you money and you're not a good steward of that money, that to me is not doing the best that you can." - Cory Belfon
• "It's okay to talk about money. It's okay to say, well, look, we need help, and also to bring up ideas and to spread our entrepreneurial creativity." - Cory Belfon