How religion can help you be a better entrepreneur

Pixabay

* Partner Post

Religion plays a very important role in our day to day lives. It teaches us not just how to worship God but also how to take different decisions. In fact, religion also teaches us the right way to do business.

Consider Christianity, the world's largest religion has provided followers with a guide in the form of Bible. It contains stories from the time of Jesus which can help us understand how we can be a better entrepreneur.

Think of Jesus. Most of us look at him as a guiding source but very few of us understand what a great entrepreneur he was. He might not today be known for his business skills but he clearly had leadership skills, which are important to be a successful entrepreneur in today's time.

It's quite clear that religion can help you be a better businessperson. Let's look at how:

How Religion Impacts Your Behavior

Before we move ahead, let's discuss the impact of religion on your entrepreneurship skills. A report titled The Role of Belief in Entrepreneurship – A Christian Perspective discussed the impact of religion on entrepreneurship in detail. It studied "identified important Christian business practices and introduces the different approaches this Christian group of entrepreneurs has to that of the secular business equivalent. The research identified the benefit of the Christian belief in running a business as well as sustaining a business. It identified the concept of being called to be an entrepreneur."

Another report titled 'Does religion influence entrepreneurial behaviour?' studied the same thing. It highlighted how 'Religion cannot be ignored in assessing the range of cultural and institutional influences that impact on entrepreneurial activity.'

Let's now go ahead with how it can help you be a better entrepreneur:

1. Teaches you to be Kind

It doesn't matter which religion you follow, they all teach us to be kind and empathetic towards other people. On the other hand, the world of business is cruel and many businesses earn profits by being 'less kind'.

If you follow your religion, you will be a kind person and your employees will be happy with you. This can have a positive impact on your business as happy employees tend to be more productive and more productivity means more output, which can generate better returns for you.

One of the representatives at Fbabee said, "Religion teaches us to be tolerant and understanding. From prayer breaks to religious holidays, as a business, we understand it all and it helps our employees feel connected."

The fact is that your employees will be more loyal to you if you respect their religion. This can help you succeed as it's important to have a good team if you want to strive in any industry.

2. Gives You Newer Ideas

Religion can give you new ideas on how to do business. It can even shape your entrepreneurial decision. A research recently concluded:

"Religion shapes the entrepreneurial decision. In particular, some religions, such as Islam and Christianity, are found to be conducive to entrepreneurship, while others, such as Hinduism, inhibit entrepreneurship. In addition, the caste system is found to influence the propensity to become an entrepreneur. Individuals belonging to a backward caste exhibit a lower propensity to become an entrepreneur. Thus, the empirical evidence suggests that both religion and the tradition of the caste system influence entrepreneurship, suggesting a link between religion and economic behaviour."

3. Enjoy Support From Groups

Religion helps bring people together. A research studying the impact of the Church on entrepreneurship concluded:

"Ethnic‐based religious spaces have become a fecund ground for stimulating a brand of religion‐based ethnic entrepreneurship. This hybrid entrepreneurship is 

unique and offers a novel platform for constructing new understandings of ethnic entrepreneurship."

The report also highlighted the impact of race and belonging on how you do business or how well your business goes. It said:

"Churches have become a significant force in nurturing business start‐ups and encouraging entrepreneurship among the population group. Social capital generated within the religious organizations has a catalytic effect on entrepreneurial propensities."

This is not only seen in Christianity but in other religions as well where religious events can help entrepreneurs.

Conclusion

You do not need to turn to studies to see the impact of religion on your entrepreneurship skills. If you follow the path of Jesus, you will automatically be a good entrepreneur as he has taught us leadership skills. It's all about following what he's taught us.