Savings, Value, and Financial Freedom.


It is a known fact that spending all you have will make you more financially handicap, and waiting till you have a little more before you start saving means you will never save. But the best way to be financially stable in life is to render value that people are willing to pay for.

In Genesis 41 we read of Pharaoh's dream, how he so much desired the interpretation. Egypt was able to survive the years of farming because they saved all through the years of plenty and that was made possible because Joseph brought to them the needed value to achieving that by properly administrating the resources of the land.

Savings has been a long age tradition that has proven to be a means of becoming financially stable to do other business/investment that can help you grow your earnings but finding the needed value is key.

While we are encouraged to work hard and work smart too, as believers, we need to pray that God should open the eyes of our understanding to see the problems to solve in this world that in return, we get paid for it. God expects your hard work as much as he expects your prayers, worship, and praise.

The best thing we can do for ourselves is to find what we can create, find how we can give values. The difference between you and the other person is the value you both give.

 Before you dive into creating any business, you must be able to answer some questions:

  • What Problem am I trying to solve?
  • What Value am I bringing to the table?
  • What am I doing to create my brand?
  • What habit am I inculcating consistently?
  • What strategy am I implementing?
  • Can I be patient enough to grow this dream?

By the time you can answer these questions and more, then you should be able to lunch that business.

The issue we have today is that many invest in business or products they know little to nothing about, which is a wrong move while some are not patient enough to grow the business despite their know-how.

Business growth isn't a get-rich-quick scheme, it demands patience, continuous process, and development.

In business, diligence is a key component to growth and if you are diligent, it attracts referrals (Proverbs 22:29). One of the things that help in business growth is "word of mouth" and it goes a long way to either promote your brand or mar it.

Do not neglect the power of FEEDBACK, it helps the business to grow, most time the business plan might not do the logic but Clients' feedback can.

LISTEN TO YOUR CUSTOMERS!

CREATE A CULTURE OF SAVING TO INVEST.

Comments

  1. Unknown16 March 2021 at 04:07

    This is really insightful, I see a few highlights from the teaching of our last guest speaker, very enlightening. I just want to add that, we should also seek to increase our streams of income. A biblical example for this is Job (Job 1:3). Job couldn't have just had all those animals for meat and milk alone (which, by the way, are important goods that can be monetised). Let's break it down; Job had 7000 sheep, the sheep was not just for meat, it's fur is used to make coats to keep warm, so Job was in the textile business. Then he had 3000 camels.and 500 female donkeys, the camels are known for their long endurance walk over long distances, and so it was used as a transport system in those days (same goes for the donkeys), so Job was in the transportation business (he sold "vehicles" 😊). He also had 500 teams of oxen, the oxen are used for ploughing, so Job in the farm business (he sold tractors). Job was indeed an example of a man who had multiple streams of income, and God blessed all those streams.

    ReplyDelete
    Replies
    1. Anonymous16 March 2021 at 04:15

      You are very correct with the light of point share. It's not enough that we stay in lane of one business, that is where investment comes in.

      Even if you are not the one to run those businesses personally, one can make adequate investment for a more financial stability.

      Thank You

      Delete
    2. Unknown16 March 2021 at 04:29

      Also note that these animals were relevant (they hcould solve needs that were common to people in those days). Imagine if Job had 100 snakes and 400 monkeys 😂

      Delete
    3. Godswill Ejelonu16 March 2021 at 07:28

      Snakes and monkeys could also have been relevant that time as well as now.

      Delete
    4. Anonymous16 March 2021 at 08:26

      Lol, as how?

      Delete
  2. Godswill Ejelonu16 March 2021 at 07:31

    A very interesting read

    ReplyDelete
  3. Anonymous16 March 2021 at 07:44

    Very insightful!

    ReplyDelete
  4. Anonymous16 March 2021 at 08:32

    Thank you all for your contribution and kindly share to your friends.

    ReplyDelete

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