Do You Know the BEST Strategy for Business Success?
Posted June 20th, 2011 by BillAccording to the latest statistics from the Small Business Administration (SBA),
fifty percent, yes, 50% of ALL new businesses FAIL within their first 3 to 5 years! That is a very sad statistic. When a new business fails, here’s some of the possible collateral damage that can be expected:
- Loss of a person’s dream to become financially independent;
- Loss of a person’s “nest egg” of life savings and future retirement funding;
- Loss of their home, due to a 2nd mortgage or line of credit;
- Bankruptcy;
- Ruined credit rating;
- Loss of a marriage;
- Loss of immediate and extended family relationships, and friends, because they invested their money;
- Loss of self-esteem;
- Loss of “Plan B” options, such as getting your old job back;
- Loss of your reputation;
- Loss of good health.
None of the above are worth losing for the rest of your life. That said, then why do so many people jump into new businesses each year with a 50% chance of losing everything? I wish that I had the answer to this question and maybe spare hundreds of thousands of people from the above heartache.
What’s the BEST strategy for starting a business? That’s easy to answer! It’s the complete and utter obedience to God’s Will for your daily life! If God wants you to start a business, then start one. HE WILL NOT LET YOU FAIL, if you strive to do His Will on a daily basis! Our God rewards the obedient and leaves the others to their own devices.
Of course, His door is always open to those who decide to repent and let Him lead their lives. Of course, this is speaking to those who have first accepted His Son as their personal Lord and Savior. Trust the Lord with your plans to start a business. If He says “No”, then honor His Will and stay where you are. If He says “Yes”, then trust Him to guide your steps on a daily basis. He will not let you fail!
Bill Murray

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