The Most Important Question You'll ever be Asked:

The Most Important Question You'll ever be Asked:

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Tuesday, April 22, 2014

The Entrepreneurial Vision


The Entrepreneurial Vision

    As Kevin Swanson said in one of his talks at a Homeschool conference, when a large number of successful businessmen where survey as to what attributed to their success it had nothing to do with their credentials or degrees but everything to do with their character. If you are a person of integrity, honest, hardworking, punctual, diligent, and trustable then you are more likely to succeed than those you are not.

 

Sluggard and Slothful

    Work hard. Here are a few Scriptural promises to solidify it:

In all labour there is profit: but the talk of the lips tendeth only to penury. Prov 14:23 (KJV)

 

The sluggard will not plow by reason of the cold; therefore shall he beg in harvest, and have nothing. Prov 20:4 (KJV)

 

A slothful man hideth his hand in his bosom, and will not so much as bring it to his mouth again. Prov 19:24 (KJV)

 

Gold, Silver, and Precious Metals

        While it is not wise to put everything in precious metals, precious metals have always been a sign of riches. In the Bible we see this reflected through Job, David, Solomon and others. Historically, it is seen everywhere. It is wise to save some in precious metals for they are a currency that will stay valuable simply due to the value that is placed on them. Even if money is scarce, precious metals will still have value.

Reproducing Assets

         Animals are reproducing assets as are some investments, but the main point is to not simply hoard your resources. Be generous as well as wise. Save and use your resources (financial, assets, etc…) to grow more. The goal is not to have a mountain assets, but to be a faithful steward.

For the kingdom of heaven is as a man travelling into a far country, who called his own servants, and delivered unto them his goods. 15 And unto one he gave five talents, to another two, and to another one; to every man according to his several ability; and straightway took his journey. 16 Then he that had received the five talents went and traded with the same, and made them other five talents. 17 And likewise he that had received two, he also gained other two. 18 But he that had received one went and digged in the earth, and hid his lord's money. 19 After a long time the lord of those servants cometh, and reckoneth with them. 20 And so he that had received five talents came and brought other five talents, saying, Lord, thou deliveredst unto me five talents: behold, I have gained beside them five talents more. 21  His lord said unto him, Well done, thou good and faithful servant: thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord. 22  He also that had received two talents came and said, Lord, thou deliveredst unto me two talents: behold, I have gained two other talents beside them. 23 His lord said unto him, Well done, good and faithful servant; thou hast been faithful over a few things, I will make thee ruler over many things: enter thou into the joy of thy lord. 24 Then he which had received the one talent came and said, Lord, I knew thee that thou art an hard man, reaping where thou hast not sown, and gathering where thou hast not strawed: 25 And I was afraid, and went and hid thy talent in the earth: lo, there thou hast that is thine. 26  His lord answered and said unto him, Thou wicked and slothful servant, thou knewest that I reap where I sowed not, and gather where I have not strawed: 27 Thou oughtest therefore to have put my money to the exchangers, and then at my coming I should have received mine own with usury. 28 Take therefore the talent from him, and give it unto him which hath ten talents. 29 For unto every one that hath shall be given, and he shall have abundance: but from him that hath not shall be taken away even that which he hath. 30 And cast ye the unprofitable servant into outer darkness: there shall be weeping and gnashing of teeth. Matt 25:14-30 (KJV)

 

Financial Instruments (IRA’s, Mutual Funds, etc…)

    If you choose financial instruments as one stream of income (it is not wise to put everything here as many do for their “investments”), it is important to remember to only invest in things that do not oppose Scripture. Many companies that are in stock portfolios, mutual funds and bonds contain pornographic, human cloning, abortion, homosexual, or alcoholic businesses or businesses that support them. Therefore, research the funds you choose. Why would God bless a financial instrument that funds sin?

     From my research and seeking counsel people have told me:

·         Get a Roth (it grows tax free)

·         Invest in Mutual funds

·         Keep your emergency funds in a money market

Websites that monitor for unbiblical companies and provide ideas/portfolios for investing without them:




 

Saving Tips

Tithe 10% to your local church & give above that to godly organizations and ministries

 

Save an Emergency fund—$1,000

 

Save 3-6 months worth of your needed living expenses in a liquid account--$10,000+

 

Save for “retirement”—simply old age, not to live a life of ease (Read Luke 12:13-21 very carefully)

 

Save to reach a giving goal that you have settled in your heart to give (2 Corinthians 9:7)

 

For a house an land debt free

(Look into building your own dome home or a small cabin—it’s really cost effective)

The Podcast

The Podcast
Find it on Itunes by searching Ryan Marks