Exodus
31:1-6 And the LORD spoke unto Moses, saying, See, I have called by name
Bezaleel the son of Uri, the son of Hur, of the tribe of Judah: And I have
filled him with the spirit of God, in wisdom, and in understanding, and in
knowledge, and in all manner of workmanship, To devise cunning works, to work
in gold, and in silver, and in brass, And in cutting of stones, to set them,
and in carving of timber, to work in all manner of workmanship. And I, behold,
I have given with him Aholiab, the son of Ahisamach, of the tribe of Dan: and
in the hearts of all that are wise hearted I have put wisdom, that they may
make all that I have commanded thee. Staffing answers the question of who will
be employed in your business and how will you employ them? Staffing is the
goalkeeper. The goalkeeper is behind all the other players on the team. So, it
is the staff of a business who are behind its success. Being in the right
position is very important for the goalkeeper, so it is important that the
business have people in the right positions. The goalkeeper puts the ball back into
play and can control the pace of the game, slowing it down or speeding it up.
The staff of a business who are properly cared for and receive a good wage will
keep the business moving and productive.
The world is an educational institute and EVERYONE living, irrespective of age, race, or social status, is a student. Through this medium, I have the honour of sharing the lessons I'm learning in my evolution as a student in the Institute of Life. The pieces you read here are the products of my personal meditation and the contributions of other people that I have been blessed by. Have a nice time reading and please feel free to respond to them as you deem fit. Welcome to my World!
Followers
Wednesday, 28 June 2017
Tuesday, 27 June 2017
Planning
Proverbs 24:27: Prepare your outside
work, make it fit for yourself in the field; and afterward build your house.
Planning answers the question of ‘where do you want to go and how are you going
to get there?’ Planning is like the mid-fielder on a soccer team. Planning
involves being on the offensive and developing goals so that the business can
win the game. It also involves being on the defensive and anticipating problems
and solving them before they happen. Without this position on the team, the
game will be lost because there is no game plan. As the saying goes, business
people who fail to plan, plan to fail. Timing Ecclesiastes 3:1 To everything
there is a season, a time for every purpose under heaven. Ecclesiastes 8: 5-6
(NIV) Whoever obeys his command will come to no harm, and the wise in heart
will know the proper time and procedure. For there is a proper time and
procedure for every matter, though a man’s misery weighs heavily upon him”
Monday, 26 June 2017
The Word on Business and Career
The
LORD by wisdom founded the earth; by understanding He established the heavens;
by His knowledge the depths were broken up, and clouds drop down the dew.
Purpose answers the question “what business am I in and why am I in that
business?” Purpose is like the centre forward of a football team. He sets the
direction of the business. Possession of the ball begins with him. Business people
must have a well-defined purpose for their business that includes not only the
type of business and market but also the area of ministry that can be done
through that business.
Friday, 23 June 2017
Marketing
Proverbs 11:26 He that withholds
corn, the people shall curse him: but blessing shall be upon the head of him
that sells it. Proverbs 20:17 Bread gained by deceit is sweet to a man; but
afterwards his mouth will be filled with gravel. Marketing answers the question
of who is going to buy your product or service and how, where and when are you
going to sell it to them? Marketing is like the striker on a soccer team.
Marketing scores the goals or makes the sale. Just as a striker must be skilled
in handling the ball and in shooting it, so must small business people need to
develop skills in handling customers and selling their product or service.
Marketing involves knowing the opposition and the playing field and developing
strategies to take advantage of team strengths and opposition weaknesses. Just
as the striker must finish the play to win the game, so in marketing the
businessperson must close the deal and follow through with it for the business
to succeed.
Thursday, 22 June 2017
Budgeting & Financial Management
He
who is faithful in what is least is faithful also in much; and he who is unjust
in what is least in unjust also in much. Therefore if you have not been
faithful in the unrighteous mammon, who will commit to your trust the true
riches? And if you have not been faithful in what is another man’s, who will
give you what is your own? Budgeting answers the question of where will you get
the money to operate your business and how you are going to manage that money.
Budgeting is the defender on a soccer team. The defender is careful not to be
caught out of position lest the opposition gain the advantage. In budgeting,
business people must be careful that they have enough financial resources to
enable the business to function and to grow. Budgeting involves planning and
monitoring financial resources and making the necessary changes so that the
team is in position to win the game.
Wednesday, 21 June 2017
Wrong Reasons to go into Business
1. Because you are sick and tired of
being told what to do
2. Because you want more freedom
3. Because you feel unappreciated or
undervalued in your present job
4. Because you want to make a lot of money
5. Because you want to improve your
standard of living
6. Because your friends or loved
ones are going into business
7. Because other people are doing
that kind of business and making much money from there
8. Because it is the reigning
business in town
Tuesday, 20 June 2017
6 Steps to Planning a Successful Business (Part 2)
Step
4: Decide how much money will be needed To start the business and what your
operating expenses will be. Decide how much you will be able to contribute and
how much money you will need to borrow. Research potential friends, family and
financial institutions that can finance your business. Expect the unexpected.
Ask yourself; "What could go wrong?" and then plan for it. Develop a
contingency so that you are prepared Pray that God will provide for your needs.
Step 5: Set realistic goals For the number of sales you will make the amount of
income you will receive and the overall development of the business. Be sure to
take into account the risks of inflation, bad debt, competition and other
risks. Your Goals must be SMART: Specific, Measurable, Achievable, Realistic,
and Time Limited. Break these objectives down into specific tasks in order of
their priority. Pray that God will give you a sober mind and will guard your
steps.
Step 6: Develop a written business plan That
covers the information you have discovered after the first five steps. Present
your written business plan to your family or friends for their advice and
comment. Have them pray with you and commit your plan to God so that He will
lead you as you start your business. Do an evaluation of your written plans
after a period of time and see whether or not you have accomplished your
objectives. If not, why not? "Plans fail for lack of counsel, but with
many advisers they succeed." (Proverbs 15:22).
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