Praxis is a Creative Engine Advancing Redemptive Entrepreneurship
THE FUTURE OF CULTURE LARGELY DEPENDS ON THE NEXT GENERATION OF ENTREPRENEURS...BUT OFTEN SOCIETAL PROGRESS IS BEING DEFINED WITHOUT THE GOSPEL IN THE ROOM.
We live in an unprecedented moment in history where entrepreneurs have outsized influence on our world—not only on the products and services we use, but also the causes we support, the role models we admire, and ultimately how we define the “good life.” As Jack Dorsey recently declared on the cover of Forbes, “The most efficient means to spread an idea today is corporate structure.”
The next generation agrees: According to the Kauffman Foundation, 54% of Millennials have started an organization or desire to start one, and dozens of organizations such as Y Combinator, TechStars, Echoing Green, and Ashoka have arisen to support them.
Venture building is a deeply formational process: it shapes founders, as they shape the world in which we all live. Tragically, many Christ-following founders feel increasing pressure to compartmentalize, privatize, or even “postpone” their faith to attract the human and financial resources needed to grow their ventures. As a result, their spiritual lives and public witness are at risk.
But there is an even greater cost when promising founders fail to bring their faith fully into the entrepreneurial journey. We miss out on the faithful presence of businesses and nonprofits that embody the gospel and renew the spirit of the age.
Our desire is to build a community of founders, funders, and ventures that act redemptively, demonstrating faith in a winsome way across culture.
What do we mean by redemptive entrepreneurship?
We believe the great Christian narrative of Creation, Fall, Redemption, and Restoration frames the task of the Christian entrepreneur. As founders, we create ventures in response to the creative impulse God gives us, and like Him we hope to “call them good.” As fallen creatures, we take seriously and humbly our own sin and the brokenness of the world around us.
Our endgame is for our ventures to be agents of redemption as we act as the hands and feet of Christ in the world, knowing that He is “making all things new.” We work for impact that approximates the ultimate restoration that we know is one day coming.
So, what does it actually mean for entrepreneurship to be redemptive?
FOR US, REDEMPTION MEANS RESTORATION THROUGH SACRIFICE.
When we call something redemptive, it means someone is giving or sacrificing to restore something or someone to its proper place. Redemptive founders are those who, being deeply spiritually formed, generously surrender their personal and organizational power for the sake of others.
A redemptive enterprise “spends itself” on behalf of the world more than on its own behalf. It is organized to “bind up the brokenhearted, to proclaim freedom for the captives, and release from darkness for the prisoners” (Isaiah 61), especially as it relates to its customers, its workforce, and its partners.
We believe the redemptive enterprise demonstrates the biblical pattern of restoration through sacrifice in three dimensions: Leadership, Strategy, and Operations.
Redemptive Entrepreneurship is the work of joining God in creative restoration through sacrifice, in venture building and innovation.
REDEMPTIVE LEADERSHIP fuses ambition, discipline, and market insight with spiritual formation, selfless stewardship, and cultural wisdom.
REDEMPTIVE STRATEGY aims for cultural renewal through beautiful and humanizing products, services, and spaces, backed by truthful and God-honoring brands and narratives.
REDEMPTIVE OPERATIONS blesses people through excellence, grace, generosity, and justice in organizational functions & practices, workforce culture, partnerships, and capital.
At Praxis, we're building and nurturing an ecosystem to advance redemptive work, and especially redemptive ventures, in the world. We call this ecosystem a “creative engine,” which consists of several components:
Central to our mission and vision is the work of cultivating a community of practice. We're creating a community that challenges and shapes the best practices of the larger entrepreneurial sector, consistent with our view that the future of culture depends largely on the worldview of the next generation of entrepreneurs. In a very real sense, the Praxis community isn't a support structure for the mission; it is the mission.
In this way, we acknowledge that the Church, in good times and bad, has always gone forward in community. Individuals who try to live out the Gospel alone find that road to be fraught with issues. We were created to work together for the glory of God.