Even before the Coronavirus pandemic, the church in America was experiencing a generational shift that resulted in a decline in tithes and offerings.
This means many churches are looking for other ways, besides tithes and offerings, to sustain their ministries.
And this will mean that many pastors will have to get creative in providing for their family and funding their life and work.
Welcome to episode 2 of the More Than a Pastor Show, where I share 7 Reasons Why Pastors Should Start a Business or Side Hustle today.
In this episode I introduce a FREE resource to help you launch your business or side hustle the right way. Download your FREE copy of “4 Keys to Success in Starting Your Business or Side Hustle” at www.morethanapastor.com/keys.
Welcome to Listeners of Dan Miller’s 48 Days Podcast!
If you’re new to the show, thanks for giving me a listen! Especially if you found me through Dan Miller and his 48 Days to the Work You Love podcast. Dan gave me a shout out on his show last week and I really appreciate it.
I’m in Dan’s 48 Days Eagles Community, and that community inspired me to finally take action on my dream of launching this podcast.
If you’re dreaming of starting a business, or making a move toward the life and work you’ll love, the 48 Days Eagles Community is a great place to get the support you need. I’d love to have you join me there. You can learn more at www.morethanapastor.com/eagles.
7 Reasons Why Pastors Should Start a Business or Side Hustle
We often think making money is the number 1 reason for going into business, right? But today I share 7 great reasons why pastors should start a business or side hustle today…and only 2 of them are about money.
And about that money thing?
In our feature segment today, I want to dive right into 7 Reasons why pastors should start a business or side hustle. I know we often think money is the number 1 reason for going into business. What more reason do you need? And certainly, for some people it is, and I don’t think there’s anything necessarily wrong with that.
But there are some other great reasons why you should start a business that you may not have even thought about, and that’s what I want to share with you today.
1. It fulfills a long-held goal or dream burning inside of how you could help others meet a need in their lives in a new way. When we keep deferring dreams, we create negative energy in our subconscious. When we fail to take action in one area of our lives, it can negatively impact other areas as well.
2. It’s a great way to increase your personal impact and influence by serving others. You have untapped skills and passions the world needs you to put out there. And you’re the only person with your unique experience and perspective who can give it to them.
3. It can boost your energy and creativity. Many pastors I’ve talked to get bored in ministry. Not because they don’t feel called or committed, but the routine becomes…well…routine. And they’re looking for something else to challenge them. Starting a business can keep you fresh and innovative in your life and ministry.
4. It gets you outside the walls of the church and in regular connection with people outside of your church. When you start a business, you create a whole new set of relationships, and this give you the opportunity to plant seeds, and share Christ, with a whole new group of people. And it keeps your fingers on the pulse of what’s happening in the real world and in your local community.
It’s easier now than ever to start a business or side hustle with little to no start-up costs. Side gigs like Uber and Shipt are so easy for practically anyone to launch into. And there are so many ways to transform your hobby, and even your pastoral skills, into extra income.
It provides you with an additional source of short-term supplemental income that you can scale as a long-term source if needed in times of uncertainty. Having your own side business or hustle is often better than taking a traditional type of second job, because you can control your time, what you do, etc. And it puts you in a better position to self-fund yourself if the church can no longer afford to pay you. Because tithes and offerings aren’t going to cut it anymore. That’s right…
The economic model for churches is changing. Younger generations aren’t as engaged by the “traditional institutional church” model. They’re more drawn to smaller church expressions, and passion-driven causes and organizations that they can get hands-on with, and see directly where their donations go to help people. Check out Mark DeYmaz’s book, The Coming Revolution in Church Economics. This means churches will need to find new ways to fund their ministries in addition to tithes and offerings. And pastors will have to get creative in how they fund their lives and ministries.
In the Next Episode of More Than a Pastor
We’ll explore the biggest thing holding you back from achieving your goals and dreams, and living the life you were made for. It’s probably not what you think!
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And until next time, remember that you are more than a pastor. Saying yes to God’s call doesn’t mean you HAVE to say yes to feeling stuck, broke, and unfulfilled. Let’s work together to create the life, impact, and income you were made for!