One entrepreneurial venture that I personally enjoy, is the story of Dave Ramsey. Today, people know him as a millionaire who is famous for his trusted sourcing of financial advice. But he was not always this successful.
At age 26, Dave Ramsey was bringing home a quarter of a million dollars a year and had a $4 million real estate portfolio. Two years later he lost everything. He ended up having to file for bankruptcy. After learning how quickly he can lose everything, Ramsey knew he couldn’t live like this. He needed a plan to keep his finances in line and when nothing could help him, he decided to do it himself. Ramsey was entrepreneurial in the way he brought himself up out of the depths of debt and is now a wealthy and famous personal finance guru and author. He is living proof that anyone can turn a bad situation around.
But one thing Ramsey recognizes is that he never would have been able to save his life, without God’s help. His fall from being wealthy to bankruptcy is what led him to Christ. He started reading the Bible and came to learn that God had a lot to say about money. Even though that was one of the hardest times in Ramsey’s life, without that learning experience maybe he never would have known Christ. This is what makes Ramsey so unique, is that he employes Christian values to help convey his message of financial caution and saving.
When I was younger, my dad really enjoyed listening to Dave Ramsey. Eventually I took the teenage version of Ramsey’s personal financial plan to help me learn the basics of money and financing. I think it is really influential how Ramsey incorporates what the Bible says about money into his planning and services to others. He is one great example of redemptiveness in entrepreneurship and is planting seeds all the time!
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Hi! It was cool to hear Dave Ramsey's story. I took a class in highschool that taught the financial principles he has formulated and it was super fascinating. It's really neat how the financial tragedy he faced ended up teaching him wisdom, stewardship, and pointing him to depend on the Lord. This intersection between finance and faith is so necessary in our American culture.
Wow this is a crazy story. It was fascinating to learn about Ramsey's story because I had never heard it before. It sounds like he has such an incredible testimony and its one that many people should hear. As an entrepreneur I think it could be so easy to get so caught up in money and the stress that comes with it that you lose focus on the Lord so I appreciated this story in that it is a reminder of what truly matters in life.
I've never heard of Dave Ramsey's story, it's a very interesting story. What a incredible story, more people should hear about this. As an insourcing entrepreneur, I find this story very inspirational and incredible. very good story!
A topic that Christians struggle with is money. Dave Ramsey does a great job helping families use their money wisely. Many Christians look at money as evil which it certainly can be but money can also be used for plenty of good and that is why it is okey to want to make a lot of money.