Extracted from Time
You outline a fairly dramatic story about how you started CBN with just $70 in your pocket. I’m sure people now would like to know how you lived on $70 at that time.
When we started, there was no money available for us. I bought a bag of soybeans — 70 pounds for two dollars — and we literally lived on soybeans. We just didn’t have any money to spend. Everything was devoted to getting the Christian Broadcasting Network underway. My first year, total income was $8,000 for the whole enterprise. Second year it was $20,000. And now our income is in the $600 to $700 million range. So it does grow. You bet.
Full interview here: Time
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