This month, I would like to draw your attention to the following brief read written by Larry Sharp.  Larry, a long-time missional business founder and IBEC Ventures missional business coach, agrees with me that we must abandon the notion that charity is sacred and investments are secular. Since investment capital is the lifeblood of business enterprise, we believe that investments, not donations, are the primary component needed to catalyze impact.

Larry explores how Bono, the musician and activist, concludes that investment capital is necessary to address poverty worldwide. Bono considers the impact of globalization, the movement of products, technology, information, and jobs across nations.  Larry’s article in its entirety is included below:

Bono on Business

What do you think of when you hear the name, Bono?

U2 and rock music, right?

Every day, we hear testimonials on the news media. Sometimes spokespeople are famous, but not competent to speak up on a subject. Not so with Bono and business.  There are many commendable aspects for this 62-year-old rockstar.  He loves his wife of 40 years. He has addressed social and religious issues in an effort to raise consciousness on important concerns like AIDS, wars in Africa, poverty, unemployment, among others. He is an apologist for Jesus.

“There’s a funny moment when you realize that as an activist: The off-ramp out of extreme poverty is, ugh, commerce, it’s entrepreneurial capitalism.”

Keep reading at the IBEC Ventures Blog.

Photo by Denys Nevozhai on Unsplash

Larry W. Sharp, Larry Sharp is the founder of IBEC Ventures and now serves as Director of Strategic Training and Partnerships. His weekly IBEC Insights blog reaches thousands of current and prospective BAM entrepreneurs in over 100 countries. Larry’s vision and expertise has helped IBEC influence dozens of BAM businesses. Larry currently focuses on the training sector, helping people understand Business as Mission and preparing consultants to serve overseas in high risk places.