Entrepreneurship

Develop Your Product First

2023-04-08T14:15:39-05:00October 16th, 2022|Tags: , , , |

A young budding entrepreneur contacted me recently about a new business she is working to start. Her first step towards entrepreneurship, however, was somewhat surprising to me.   Rather than researching her potential customer’s needs and why they would pick her product over the ones they currently use, she formed a corporation. She could have waited years before incorporating.   In ...

A Relentless Bird

2022-05-05T20:13:58-05:00May 31st, 2022|Tags: , , |

While staying at my parent’s home, I was awakened by a bird at the bedroom window. For over an hour this bird pecked on the window and flew up and down trying to find a way in.   Repeatedly, this bird tried to enter, never realizing the futility of its efforts. Some entrepreneurs are like this relentless bird.   Persistence is admirable, ...

Entrepreneurial Perseverance

2022-05-02T13:00:55-05:00May 5th, 2022|Tags: , , |

NEXT, an insurance company, recently surveyed small business owners. They discovered that the changes in the marketplace with supply chain issues, difficulty in finding staff, and rising wages are causing burnout for many business leaders.  Nearly 40% of the more than 1,000 small business owners surveyed admit to feeling "frustrated" or "stressed" by the state of America's workforce. 35% of ...

Where Did the Women Go?

2022-03-15T20:30:59-05:00January 13th, 2022|Tags: , , , |

With school closings, and the chaos of managing family issues, many women resigned their corporate positions during the pandemic. But I believe many didn’t stop working. They are working in different ways. According to a LinkedIn analysis, businesses founded by women during the pandemic have grown by 27%. Many women in business have had to be creative and entrepreneurial during ...

A New Career Path

2022-03-15T20:13:29-05:00January 11th, 2022|Tags: , , , |

According to Labor Department data, the percentage of workers who are now self-employed stands at 5.9%, the highest level in 11 years. The CEO of Upwork Inc. claims that “A new type of career path has emerged, with half of the Gen Z talent pool actually choosing to start their careers in freelance rather than full-time employment.” God pointed towards ...

The Great Small Business Boom

2022-03-15T19:53:50-05:00January 10th, 2022|Tags: , , |

It seemed strange that so many people were resigning from their jobs in the Great Resignation without a place to go. I suspected that many were starting their own small businesses. The Wall Street Journal affirmed my thoughts when they discovered that 4.54 million new businesses filed for federal tax identification numbers from January through October of 2020, up 56% ...

Perseverance

2022-03-14T13:01:53-05:00December 27th, 2021|Tags: , , , |

My new friend, Sean, shared with me that he and a friend were convinced that God wanted them to start a Bible study in one of the roughest parts of their city. They went door-to-door inviting people to their weekly Bible study. The first and second week of the study no one showed up. They were discouraged, but these two ...

Discovering a Niche

2022-02-19T11:36:04-06:00November 12th, 2021|Tags: , , , |

Recently, a friend introduced us to a niche I never knew existed, a motorcoach resort. Just like some people prefer staying in luxury hotels, there are many RV owners who prefer a luxury place to stay during their seasonal travel. Buying a motorcoach resort lot allows these high-end RV owners to also invest in property rather than renting. Our friend’s ...

Immediate Obedience

2022-01-01T13:52:40-06:00October 25th, 2021|Tags: , , |

As I met with Grace about her desire to launch a new business, I was reminded of how scary it can be to leave a job to pursue your passion. But when God makes it clear that He is calling you to step into something new, disobedience shouldn’t be an option. In Jonah 1, God said to Jonah, "'Go to ...

Underlying Assumptions

2021-12-31T15:18:48-06:00October 13th, 2021|Tags: , , |

The Merriam-Webster dictionary defines innovation as “a new idea, method, or device.” Unfortunately, many people believe they’re not creative enough to be innovators. Lately, I’ve been reading a book entitled, “RE:Think Innovation” that disagrees. The author, Carla Johnson, believes we can train ourselves to become innovators. Ms. Johnson outlines steps for how we can create innovative ideas. But, I personally ...

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