Is there something you love to do even if you are not paid? Is it something you are very passionate about that you frequently go overtime on it?
(This may not be necessary but a good validation of whether people would be willing to pay for it:) Do a lot of people express their appreciation for your output? ? Does it fill the need or desire of many? Have you considered making a business out of your hobby? Do you have some money you can risk losing by trying to make a business out of this hobby?Are you a mom who wants stay at home to be near your children but have extra time on your hands to make your own money?
Maybe entrepreneurship is not for you. But it may be worth checking out if it is, even for a season…
The ff. verses apply to different areas of work but I am applying it to Entrepreneurship. I would like share with you the things I continue to seek to learn.
What were you designed to do?
Exodus 35:35 says that God gave different skills to different people: “He has filled them with skill to do all kinds of work as engravers, designers, embroiderers in blue, purple and scarlet yarn and fine linen, and weavers—all of them skilled workers and designers.”
In this video, Rick Warren talks about God creating each person with a specific SHAPE (spiritual gifts, heart, abilities, personality, experiences):
Oprah responds saying, “Whatever your occupation… if you’re able to, in your heart, shift the paradigm of your work to ‘How can I use this occupation/pursuit…?’ in service to something that is bigger than your paycheck… your life will shift… It’s everyday making the shift… that your life doesn’t just belong to you… but your life belongs to God…to God’s service and that you are an instrument of that in everything that you do.”
Marianne Mencias, in discussing her book What is Your Life’s Masterpiece? said that every person has a unique thumbprint, voice print, and heartbeat echoing that God has entrusted to each person a unique work, a unique message, and a unique passion to share.
Writing down and seeing in black and white an inventory list of skills, abilities, experiences, resources, and feasible plans on how to fill the gaps may greatly help to understand your suitability for entrepreneurship.
Vary what you invest in:
The verse below points to exploring new ways (including entrepreneurship) to receive a return:
Ecclesiastes 11:1 says, “Ship your grain across the sea; after many days you may receive a return. 2 Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.” The Elliot’s Commentary For English Readers states: “From the uncertainty of the results of human effort, [the author of the verse] infers that we ought the more diligently to make trial of varied forms of exertion, in order that this or that may succeed.”
Women in Business:
Lydia is an example of a businesswoman in the bible who was able to combine faith and entrepreneurship:
Acts 16:14a,b One of those listening was a woman from the city of Thyatira named Lydia, a dealer in purple cloth. She was a worshiper of God.
The Proverbs 31 Woman as well, the composite woman of a biblical wife and mother who engages in business:
Prov 31: 13 She selects wool and flax and works with eager hands.
16 She considers a field and buys it; out of her earnings she plants a vineyard.
17 She sets about her work vigorously; her arms are strong for her tasks.
18 She sees that her trading is profitable, and her lamp does not go out at night.
19 In her hand she holds the distaff and grasps the spindle with her fingers.
24 She makes linen garments and sells them, and supplies the merchants with sashes.
What to do first?
Whether you credit this to Sir Winston Churchill, Benjamin Franklin, Jillian Michaels or others, there’s a popular saying that goes: If you fail to plan, you are planning to fail.
Are you then doomed if you didn’t have a business education/ plan beforehand? Maybe your situation did not allow you to pursue equipping yourself adequately before you started (maybe you were taking care of your kids or were short of resources or had a full-time job)? Maybe you had to take over an enterprise suddenly? Or people wanted your product or service urgently and didn’t have time to wait for you to get a full-blown education ahead, here is an encouragement for you:
Some businesses that have been well planned by the best have failed and some businesses that were not fully planned have gained measures of success.
Many are the plans in a person’s heart, but it is the Lord’s purpose that prevails.
James 4:13 Now listen, you who say, “Today or tomorrow we will go to this or that city, spend a year there, carry on business and make money.” 14 Why, you do not even know what will happen tomorrow. What is your life? You are a mist that appears for a little while and then vanishes. 15 Instead, you ought to say, “If it is the Lord’s will, we will live and do this or that.”
Some Biblical Business Principles for Check, Balance, and Boundaries of Keeping God First:
- *Do it all for God. This way, you won’t get tired; all your expectations will be from Him.
Col 3:23-24 Whatever you do, work heartily, as for the Lord and not for men, 24 knowing that from the Lord you will receive the inheritance as your reward. You are serving the Lord Christ.
- *Don’t be proud or forget that it all comes from the grace of God.
Deut 8:18 But remember the Lord your God, for it is he who gives you the ability to produce wealth, and so confirms his covenant, which he swore to your ancestors, as it is today. / . 1 Peter 3:12 For the eyes of the Lord are on the righteous, and his ears are attentive to their prayer, but the face of the Lord is against those who do evil.
- *Do things in a way pleasing to God.
Prov 11:1 The Lord detests dishonest scales, but accurate weights find favor with him.
- We can’t hide from God. Psalm 139: 3 You discern my going out and my lying down;
you are familiar with all my ways. 4 Before a word is on my tongue you, Lord, know it completely.
- *Don’t let your business consume you. Do your best; the things that are outside your control, leave in God’s hands.
Matt 6:34 Therefore, do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own… / Psalm 127:2 In vain you rise early and stay up late, toiling for food to eat– for he grants sleep to those he loves.
- *Money is not bad. It is the love of money without regard for God’s ways that will lead you to the wrong path
- 1 Tim 6:10 For the love of money is a root of all sorts of evil, and some by longing for it have wandered away from the faith and pierced themselves with many griefs.
- Mark 8:36 For what does it profit a man to gain the whole world and forfeit his soul?
The day-to-day, year-to-year learning and running of an enterprise comes with evolving and new challenges but here is a definition of success from Charles Stanley that defines the bottomline: (Thank you for sharing, Pastor Bong S!)
Success is the continuing achievement of becoming the person God wants you to be and accomplishing the goals God has helped you set.- Charles Stanley
While it may be best to first get equipped by formally learning the basics and beyond before starting and operating a business, this new series of Entrepreneurship posts from the sharing of gracious mentors and entrepreneurs is dedicated to you who want to learn even when you are already in the midst of it.
Related Post: Ownership His, Stewardship Mine