Podcast Episode 21 – Starting a Faith Driven Fund with Luke Roush of Sovereign’s Capital

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Today’s episode, we’re talking to someone who is an expert in his field but also a dear friend to all of us who host this show. Luke Roush co-founded Sovereign’s Capital in 2012 and serves today as Managing Partner. 

On today’s episode, he shared the story of the startup that spans from Jakarta to Silicon Valley and Washington DC. As you know, the Faith Driven Investor movement is a global one, and Luke provided some great insight on some of the snares and pitfalls, as well as trends he’s seeing emerging, as we head into the future.

As always, thanks for listening.

Useful Links:

Sovereign’s Capital

Impact Investing with Sovereign’s Capital

Creative Destruction and Work as Transformation

Podcast Episode 22 – The Four Quadrants of a Faith Driven Portfolio with Greg Lernihan

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Today’s guest is Greg Lernihan. Greg and his family work together to faithfully steward the resources God has entrusted to them. They grant to Christian ministries and invest from a faith-driven perspective, seeking spiritual, social and financial returns.  

He is the Co-Founder of Convergint Technologies, which started in a basement in 2001, and is now the world’s largest electronic security firm with over 5,000 colleagues globally. He’s also been one of the leaders of this Faith Driven Investing movement over the past decade, and we’re thrilled to have him join us. 

We’re going to hear some of his journey towards Faith Driven Investing and the insights he has for those just starting the journey. As always, thanks for listening…

Useful Links:

Convergint

Make Fun Part of Your Mission

Impact Investing – Greg Lernihan

Podcast Episode 23 – Redeeming Capitalism for the Common Good with Ken Barnes

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We hope you’re ready to learn because today’s episode is chock-full of lessons, insights, and theories that are here to educate and inform you, the Faith Driven Investor. 

Today’s guest is Ken Barnes. Ken works as the Director of the Mockler Center for Faith & Ethics in the Workplace at Gordon-Conwell Theological Seminary. He is also the author of Redeeming Capitalism, which takes a look at our current capitalistic society through both a theological and economical lens. 

Ken shared a history of the relationship between capitalism and morals, where the two began to separate, and what we can do to bring them back together. As always, thanks for listening.

Useful Links:

Redeeming Capitalism Book

Why Redeeming Capitalism is Important

Imagining a Virtuous Capitalism

Podcast Episode 25 – Planning for the Exit with Wade Myers

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Welcome back to the Faith Driven Investor podcast. Today’s guest is the survivor of a parachute failure. Seriously. And while that was shocking to us, during our conversation with Wade Myers, we found that that is only one of the many many interesting things about him. 

He joined us today to talk about small business exit strategies, how investors and entrepreneurs alike can plan for them, and what it looks like to finish well.

As always, thanks for listening.

Useful Links:

Every Entrepreneur Needs to Think About Exit Strategy

Wade Myers Website

Eagle Venture Fund: Capital Works

OCEAN Accelerator Demo Day 2022

by Greg Pittman

This Spring, on May 19, 2022, our good friends at OCEAN will be hosting their Accelerator Demo Day! 
This is the culminating event of OCEAN’s 16-week accelerator program that helps early-stage entrepreneurs build high-tech venture-backable startups through a combination of a unique curriculum and rich mentorship while taking founders on a concurrent spiritual journey. 

Even more exciting, is that for its 8th cohort, OCEAN is bringing Demo Day to Atlanta! Demo Day 2022 will give the founders of OCEAN Accelerator Cohort 8 the opportunity to pitch their companies to a room of investors, fellow entrepreneurs, and friends & family. 

This is a great opportunity to meet other faith driven entrepreneurs and investors from across the movement and the growing faith driven community in Atlanta.
Demo Day 2022 is on Thursday, May 19 in West Midtown Atlanta at the beautiful Garden City Events space. Cohort 8 founder pitches will be from 3pm-4:30pm followed by a Happy Hour for all in attendance. There is no cost to attend! To learn about the Cohort 8 companies and register to attend Demo Day visit: oceandemoday.com.

“On Earth As It Is In Heaven”

What These Words Mean for Your Investing

“May your will be done, on earth as it is in heaven.” These words were uttered by none other than Jesus Christ, creator of heaven and earth, and His followers have been praying these words for millennia ever since. Through darkness and light, in evil circumstances and good, in times ancient and modern.

These are old words. I was recently on business in the Vatican City, and my wife and I attended worship inside St. Peter’s Basilica, a holy place effused with age and significance. I am not Catholic, but you do not have to be in order to be touched by the weight of time and endurance of the Word of God throughout time, which is palpable and physically on display in that old place, surrounded by ancient relics and old stories, despite our sin and failure. 

As the words of our Lord’s prayer left my lips under the watchful gaze of stone saints who themselves prayed and preserved those exact words through the ages, even unto martyrdom, I was struck by the significance of our part in keeping old words alive, in word and deed. 

How do we personally and corporately carry those ancient words as the Church in our modern time? What is the true meaning of “on earth as it is in heaven?” And for us in the investment industry, how do we carry those ancient words in our daily work? 

Prayer and Work

To pray is to work, and to work is to pray. “On earth as it is in heaven” indeed is our prayer, and it is also our God-ordained task. Our modern work must echo our ancient prayers. Whatever our work, there are three principles involved in working our prayer of “Your Kingdom come, your will be done, on earth as it is in heaven” into physical existence: Supporting what is good; Opposing what is evil; and, Restoring what is broken. 

  1. Support What is Good

    As investors, we have the opportunity, and I would say the calling, to incarnate this heavenly vision with a uniquely transformational impact. Where we place capital matters. Are the companies we invest in through public or private markets, stocks, mutual funds, ETFs, 401(k), or whatever investment vehicle worthy of the support of God’s people? Do they represent a heavenly good that we can support? Does their work, in some small or large way, reflect God’s will and God’s Kingdom purposes?
    Certainly, there is a spectrum here, and there are no companies that come close to actual heavenly perfection, but so long as we have the opportunity, are we actively choosing to allocate God’s capital toward those businesses which more closely align with His will than others? 

  2. Oppose What is Evil

    While we go about our prayerful task of investing money toward this heavenly vision, we find that we are not only confronted by a spectrum of companies in relation to the good that they produce but by a spectrum of companies in relation to the evil that they promote. Abortion drug manufacturers, pornography distributors (even platforms with content that toes the line), aiders and abettors of human trafficking, and all manner of businesses that perpetuate sin and folly upon creation and pollute the investment landscape with their ungodly products and actions.

    To invest on earth as it is in heaven requires us to be shrewd as serpents and innocent as doves, to sharply distinguish evil from good, and to oppose such evil with whatever means we have been given. Can such investments have any place in the portfolio of an investor seeking to understand the meaning of “On earth as it is in heaven?” May it never be counted among the people of God to be complacent partakers of the profits of such evil.

  3. Renew What is Broken

    Perhaps the only place such companies might have in Christendom’s portfolio is when we have a real opportunity to make a difference that only an investor could make. To actively and strongly pull a company out of the muck and mire through proxy, resolution, petition, or other means. To renew what is broken is the heart of God; to be a sanctifying influence is to join God in His redemptive plan. To be sure, there is no way to redeem abortion drug manufacturing or pornography, or other similarly despicable businesses. Their only proper end is to be crushed with the serpent under the heel of Christ, and as the body of Christ here on earth, investors may sometimes be called to be Christ’s heel. 

    However, I find the more common situation is a company with stains that we, as investors, by the grace of God, can wash away, crooked parts we can help straighten. This means we cannot be idle, passive investors. Instead, we must invest with intention and engage either directly ourselves or by partnership, such as by investing with a Christian asset manager who engages on your behalf. We must speak biblical truth to corporate power, and when corporate power bends the knee to that truth, we rejoice, and when it remains stiff-necked and rebellious, we must shake the dust from our feet and invest God’s money elsewhere.

Investment creates. What are your investments creating? Is it a world where God’s will is done on earth as it is in heaven? Or is it something else, something less? Investing toward the heavenly vision requires us as Christian investors to “Let love be genuine. Abhor what is evil; hold fast to what is good.” (Romans 12:9) with every investment we make or decline to make, as the case may be. Then we will find ourselves treading the footsteps of holy men and women who came long before us, playing our role in the age we have been placed to carry and understand the meaning of the old words “On earth as it is in heaven” until He comes.

Truly, may your will be done on earth as it is in heaven, oh Lord! Come, Lord Jesus, come!

Robert Netzly is the CEO of Inspire Investing, a leading faith-based investing firm, and author of the book Biblically Responsible Investing.

Twitter: @RobertNetzly 

LinkedIn: @Robert_Netzly

Advisory Services are offered through Inspire Investing, LLC, a Registered Investment Adviser with the SEC.