Legal Law

What does the Bible say about entrepreneurship?

The Bible says a lot about entrepreneurship. So if you are thinking of becoming an entrepreneur, go for it. This article covers some of what it says about starting, growing, and maintaining a successful business.

What the bible says

  • Count the costs.

Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it (Luke 14:28)? Simply put, count the cost before you launch. Know what it takes. Do you have sufficient funds? What do you need to be ready? What is the cost of the supplies? Services? General expenses? How long can you survive without salary?

Plus, counting costs involves taking stock of your ability to persevere and make sacrifices. Building a business requires commitment and faith. Contrary to what you’ve heard, overnight success is rare. So, count the costs before you jump in. You are in this for the long haul.

  • Timing is key.

There is a time for everything, and a time for all purposes under heaven (Ecclesiastes 3: 1). Like any endeavor, business is everything. Is this the season for you to go into business? Is it the right time to expand or delve into a new arena?

  • Seek wisdom.

Get wisdom; develop good judgment. Do not forget my words or turn away from them (Proverbs 4: 5). All things considered, wisdom is knowing how to do the right thing. Conrad Hilton, for example, prayed before doing all the business; He physically went to the property that was being considered (to be alone and listen to God).

  • Know the source of your wealth.

Remember the Lord your God. He is the one who empowers you to succeed in fulfilling the covenant that confirmed your ancestors with an oath (Deuteronomy 8:18). When you are successful, don’t forget the Creator. Also, fortune is not just for you; money has a mission. Save something, spend something and give something.

  • Get a team of advisers.

All purpose is established by the council; and with good advice make war (Proverbs 20:18). Lastly, you will need the experience of qualified advisers (a lawyer, an accountant, and an insurance agent). They are key to establishing, monitoring and protecting the operation.

  • Develop a spirit of excellence.

Not lazy in business; fervent of spirit; serving the Lord (Romans 12:11). Either give it your all or go. This mindset will keep you committed to doing your best.

  • Sharpen your skills with people.

Be quick to hear, slow to speak, slow to anger (James 1:19). Customers, workers, suppliers, and colleagues will say or do something that upsets you. Instead of reacting, shake it off. Anger clouds your judgment.

  • Avoid panic.

Do not be anxious about anything; but in everything, through prayer and supplication with thanksgiving, let your requests be made known to God. And the peace of God that
happens all understanding will guard their hearts and minds in Christ Jesus (Philippians 4: 6-8). Never make decisions when you are anxious or emotionally drained. Both generate confusion; This creates despair and regret.

  • Be diligent.

Do you see someone skilled at their job? They will serve before kings; they will not serve before low-ranking officials (Proverbs 22:29). Being diligent in business brings rewards (more business, contracts, contacts, exposure, unique opportunities, recognition, honor, etc.).

  • Stay motivated.

I can do all the things in Christ that
strengthens I (Philippians 4:13). You will have good days and bad days. So remember that you have help and determination regardless of the circumstances.

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