Key Text: Ruth 4:7-8
Now this was the custom in former times in Israel concerning the redemption and the exchange of land to confirm any matter: a man removed his sandal and gave it to another; and this was the manner of attestation in Israel. So the closest relative said to Boaz, “Buy it for yourself.” And he removed his sandal.
Whether you run a business out of your garage or a magnificent building, using written agreements is critical to protecting yourself and to avoid unnecessary wars. Research has proven that just “The Handshake” without any form of documented expectations in terms of an agreement is usually not enough.
Great relationships are often ruined due to misunderstood expectations. Many young business owners deal with a gentle man’s agreement so as to get the deal going quickly, but when the rubber hits the road and their expectations become unmet, they get very confused as to how to deal with the situation. Emotions, time and already limited finances get spent out in the bid to clarify expectations which could have been straightened out at the commencement of the relationship. Continue reading
Key Text: Proverbs 15:22
Plans fail for lack of counsel, but with many advisers they succeed.
One of the rules of success in life is to submit your decisions to the scrutiny and review of “WISE COUNSELORS”. It is only in very rare cases that you find yourself doing something that has never been done before or charting a course for which no one has ever attempted.
Building a team also requires building your network of mentors. A lot of disappointments and heartaches will be avoided if you get the right people to take you by the hand or point you in the right direction. Mentorship is now the single-biggest catalyst in the growth of many successful enterprises; take advantage of it. Continue reading
Key Text: Ecclesiastes 4:12
Though one may be overpowered, two can defend themselves. A cord of three strands is not quickly broken.
There are probably very few more important characteristics of business success than that of building an effective and dependable team. One of the cheapest and most dangerous mindset of new business owners is that of thinking they can do it by themselves.
In a concert, it will be very difficult for only a drum to make great melody, but when combined with other instruments in an organized tune, there would be a symphony. Working all by yourself, will be stressful and very lonely if you do not allow anyone else to offer you help.
God said in Genesis 2:18” “It is not good that man should be alone; I will make him a helper comparable to him.” He understands that we cannot really do anything much in isolation. He knows that wonderful things happen when people of complementary characteristics get together. Continue reading