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How big is your VISION? You probably should read this story.

An elephant and a dog became pregnant at the same time. Three months down the line the dog gave birth to six puppies. Six months later the dog was pregnant again, and nine months on it gave birth to another dozen puppies.The pattern continued.

On the eighteenth month the dog approached the elephant questioning, "Are you sure that you are pregnant? We became pregnant on the same date, I have given birth three times to a dozen puppies and they are now grown to become big dogs, yet you are still pregnant. Whats going on?".

The elephant replied, "There is something I want you to understand. What I am carrying is not a puppy but an elephant. I only give birth to one in two years. When my baby hits the ground, the earth feels it. When my baby crosses the road, human beings stop and watch in admiration, what I carry draws attention. So what I'm carrying is mighty and great."

How BIG is your business or entrepreneurship AMBITION?  

If you have BIG ambitions, you are confident, determined and is never shaken by other people's little achievements.   

Jack Ma failed his university entrance 3 times, applied for 30 jobs and was rejected from all of them, KFC hired all 24 people that applied except him, rejected by Harvard 10 times. Jack Ma has now a net worth of $ 46.6 billion.

If you are a believer then your faith assures you that your prayers will be definitely answered even if others receive answers to their prayers before your eyes. 

Never be envious of others testimony because your blessings are on the way.  

Say to yourself "My time is coming, and when it hits the surface of the earth, people shall yield in admiration."

I ASSURE YOU!

Choose wisely-Money Generation or Economic Sustainability

Many of us intend to start and operate our own businesses because of different reasons. Some want to become real entrepreneurs by providing something of value to the society, some want to make it their full time job, some want to quit employment and become economic independent yet some want to have just another source of income while maintaining their jobs.

WHAT is your REAL motive?

Well, all these reasons are justifiable except that majority of us always focus on MONEY generating businesses as the real motivation when it comes to choosing a business idea.

Quick MONEY results become the main issue while neglecting the most important aspect upon which business SUCCESS and SUSTAINABILITY depends.  

While it might be true that MONEY is crucial in business but it is not an end itself.  This is the reason why if you look around well you see very few RICH and SUCCESSFUL businesses. 

WHY?  It is because many businesses are built on wrong SYSTEMS  and this is the reason leading to their slow growth and lack of resilience during economic transitions. 

Therefore, MONEY should not be the main motivation when it comes to what type of business to do for business and economic sustainability. 

If getting MONEY was the real issue, then know that even those selling fruits on the street get money, the neighbouring shopkeeper who serves you daily gets money or even the local fishmonger gets a lot of money too.     

BELIEVE me, what you see in an ordinary business' life as success could only be just an illusion! 

I strongly caution you not to start a business because it is generating a lot of money if in any case you want to experience economic success and sustainability.  

Instead aim at understanding very well your business idea and its operational system upon which your business will exist and operate. The right business system is like a strong foundation upon which a good house is built. It can be as simple as a checklist or a complex system that involves the integration of programs.

An effective business system is the only practical way to manage the important details of your business operation. These details are found in lower-level subsystems for example a marketing system may have a subsystem called lead generation and the lead generation could have subsystems like company website and direct mail.   

If you get this RIGHT,  right from the beginning when developing your BUSINESS PLAN you will see remarkable results along the way in your operations including minimum running costs, delighted customers, excellent organization and increased profits.   

Finally remember that good business system incorporates well defined processes, needed components, the right people, ensures quality and speed as well as provides measurement.

   

  

     

  

How to Achieve Your Big Goals Little by Little

Last week as we were winding up the Focus Business School Seminar on Entrepreneurship with a Biblical view at CoYETA, our last topic was on Goal Setting, a topic which was very inspiring.

We normally have very BIG dreams and ambitions but so often worry,  “How can I achieve such a GOAL!"

Immersed in worries we tend to get confused and fail in what we would have ACTUALLY achieved simply because we NEGLECT to set INTERMEDIATE GOALS and STEP by STEP actions leading us towards the LONG-TERM GOAL.

By achieving our short term goals in regard  to TIME and CAPABILITY eventually motivates us to keep running on the road to ACHIEVE our dreams just like one walking up the staircase, one step at a time.

We ought to decide on what we have to do NOW, TODAY and TOMORROW and be disciplined to do just that. When we do what we need to do, we will be winners in the race that God has set before us.  1 Cor 9:27-29

YES, we need to do what we should do, daily, just daily, to move closer to our goals, and years to come would take care of themselves.

This is what I mean.

Let’s assume your DREAM is to become financially independent through PIG FARMING.

Your LONG TERM GOAL should be to have 50 pigs within 2 years.

Your SHORT TERM GOAL should be to build a pigs' shade and buy 2 Piglets

Required ACTIONS include  1. Learn Basics of Pig Farming 2. Start saving 200,000 every month for 10 months etc. 

If you look at the distance between where you are and where you want to be, it would be overwhelming and may seem impossible, then, you’ll be discouraged and give up.

Don’t!

Instead, ask yourself, what can I do today, tomorrow, next-week?

What are those little, but disciplined baby-steps I can take, daily, that could lead me to achieve my AMBITION?

Possible answers could be;

Reading a particular business/entrepreneurship book.

Making friends with business minded people (or owners) and learning from them.

Discussing business ideas with your spouse (yea, it helps)

Saving 30% of your present income  even if it’s small is a positive habit.

You got my point!

With CLEAR GOALS there will be PROGRESS and with progress RESULTS which will satisfy our hearts and give praise to the Lord. 

Remember to write your GOALS  DOWN and ensure they are SPECIFIC, MEASURABLE, ACHIEVABLE and TIME-BOUND.

LEARN more about GOAL SETTING.

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