Vital Steps to a Successful Business

THREE STEPS TO STARTING A SUCCESSFUL BUSINESS

Countless people have approached me and asked about “how to” steps for their ownideas and interests for starting and managing a successful business. As an entrepreneur for over 20 years, aiding others in, or spear-heading my own start-up businesses, ranging from one-of-a-kind creations all the way to service-oriented ventures on-line, I opened up my “portfolio of collected experiences” and found three vital steps that have carried me from the inception of a new business idea all the way through to the launch and continuum of growth in any new or growing venture.

1. Prayer:

Oh what we miss out on in blessings and what could have been prevented, if only we had participated in the language of prayer. One area of prayer is about timing, about when and even if it’s right to start and execute a new endeavor especially under the guidance of the Creator of the Universe. Ecclesiastes 3 says that there is a “season fore verything” indicating that timing is a critical part of life and that there is a rhythm to the law of the harvest that intertwines with this truth. Knowing how your idea or product would fit into that rhythm is vital.The Lord may have an idea He has lent to you, but maybe it’s not until next fall that would be on point to get things rolling, maybe it’s tomorrow He wants you to start, or maybe your product idea could be a million dollar winner, but needs to be tweaked and placed into a specific niche market that could only be understood through the process of listening to the prompting of the Holy Spirit of God. Proverbs 1:20-33 says that wisdom is “shouting in the streets” and whenever Scriptures says something in a dramatic fashion such as “shouting”, it’s best to understand that we need to be completely open and quiet and listening to God’s voice.

I think He has to shout because we are too busy talking and our minds too enthralled with plans, to slow down and hear Him. We can get so carried away by enthusiasm that we get ahead of the process, miss out on ingredients that make the final outcome a smashing success, skip inviting others in to help, and then spend time in bitterness and anger bewildered as to how we flopped and lost out on the investment of time and money, simply because we didn’t pray, didn’t listen, and didn’t plan accordingly for the right timing. If this has happened to you, learn from it, and get up on your feet and try again the right way.

2. Seek out a personal Elisha:

II Kings 4:1-7, tells us the true story of a desperate widow who sought counsel from the

well known prophet Elisha, as to how to prevent the creditor from taking her children as

slave laborers to pay off a sizable debt she owed. Elisha quickly pointed her in the

direction of what she already owned, a pot of oil, that became of value after she put it to

use via God’s hand. It was multiplied nearly over night and cleared her debt entirely, but

the point is, she needed to have someone point her in the way, and then she had to get

busy with that small pot of investment to get the maximum benefit it had to offer.

When I see a true story like that, it whips me to attention! The Lord loves to use people

to help other people as the mutual reward in any relationship, and seeking out

experienced counsel has a vastly rewarding dynamic we could miss if we didn’t reach

out and ask for help. Imagine if the widow kept trying to fix things on her own. There are

experienced gurus in business that would love to indulge in teaching us in the way that

they have learned and could prevent us from making collasol mistakes, not to mention,

as Elisha did the widow, teach us how to cut corners for a vast and faster profit. If we

skip this opportunity, not only do we miss out on gleaning methods of high return, but

we could also miss out on contacts and privileges in ways that we would otherwise not

be given simply through the connection itself. We don’t need to go in as a know-it-all,

and humbling ourselves to learn from a fellow willing entrepreneur dynamo could make

all the difference in the world.

3. Do your due diligence: This means do your home work fully before you embark.

Following after step two, one pivotal area I learned from, from one of my personal

Elisha’s in business has been the great Robert Kiyosaki #RichDad. This man has been

one of the single greatest influences in the marketing world to date. Having adhered to

his principles of laying down the proper ground work of due diligence before launching a

business, such as researching what is working in the market and how I could duplicate

that idea instead of reinventing the wheel with a new product, seeking out tax advisors

and setting up tax entities correctly, preparing for and planning for economic down

turns, and so much more, I am ecstatic to report that my business sales have soared

from the thousands in income, to well into seven figures collectively over a shorter time

span than I could have ever imagined. This wasn’t learned at home from my family, it

was learned through Robert while putting his teaching into action.

I highly recommend Kiyosaki’s books as part of your process of due diligence, ‘Rich

Dad Poor Dad’ and ‘Cash Flow Quadrant’, to gain life altering insight. I was enlightened

to information never heard of once I cracked open the cover of Kiyosaki’s work of

wisdom and further indulged in audio recordings of his talks with fellow gurus in his

sphere of influence that helped him along the way. What a learning curve to realize we

can go from clock punching employees to a business owners and investor viewing

money as a means to an end and not as a god that rules our lives because we don’t

have any. But what won me most about Kyosaki’s leadership was that he teaches

making the Lord your business partner and being faithful to tithe and give of our profit

where others can benefit. Having the Lord as a Business Partner, that is the best

alliance I can imagine.

When we involve our Lord God, the One Who owns it all anyway, and humble ourselves

as a student of others far more advanced than we are, then we will know when to

venture out at the right time, in the right place, having done our calculated risk

assessment through due diligence, and can invest our energy, time, talent, and

resources to make a business everything our Father meant it to be.

Stay tuned for my upcoming series of blogs that will teach the next steps of advice in

order to create a million dollar business.

For hourly individual or project consulting services – feel free to contact me directly:

reann@reannring.com

ReAnn Ring

Consultant for Safire Productions

Founder of Fresh Press – II Kings 4:1-7

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