In this series we are examining what we can learn from entrepreneurs about restarting our businesses post-lockdown. Yesterday, we learned that startups test hypotheses and adapt as necessary. But, what does that look like? Some entrepreneurs identify their most critical hypothesis and design a low-cost experiment to test it. They iterate through a “build-measure-learn” loop as rapidly as possible, zeroing ...
While traveling, Pastor Francis Chan met a man who shared that his intelligence was so low in high school that in his junior and senior year he passed only one class. Remarkably, this young man prayed fervently for God’s intervention. According to Francis, this man prayed, “Lord, I’m a Chinese man with glasses. I’m supposed to be smart. Please help ...
After reviewing 81 studies, Professor Van Iddekinge found little correlation between an employee’s prior work experience and their performance. Hiring decisions are often based on past experiences of a prospective employee, but now this Harvard Business Review research tells us experience has little impact on future performance! When the professor was asked what employers should focus on instead, he encouraged ...
A recent article from the Lean Methods Group states, “Every day, 2.5 quintillion bytes of data are created.” Accessibility to incredible amounts of information feels paralyzing. Metrics, reports, figures to analyze, presentations to peruse. But where is Truth? As a nation, our familiarity and intimacy with the Truth of the Bible has woefully sunk into the sea of bytes. We ...
A new report called “Meaning and Purpose at Work” was highlighted in a recent Harvard Business Review article. The authors of this report had three recommendations for employers to make work more meaningful for employees. The second recommendation was to “make every worker a knowledge worker.” If we provide staff the opportunity to add creativity to their role and to ...
This week we’re exploring the differences between wisdom, knowledge, and understanding. Wisdom results from the knowledge and understanding we gain over the years. When we’ve made enough mistakes, the knowledge gained enables us to have wisdom. Wisdom is applied strategically, while knowledge is more tactical. My first business began when business loans were at 21% interest. The painful lessons I ...
This week we’re exploring the differences between wisdom, knowledge, and understanding. Knowledge comes from God, through the experiences and skills He allows us to confront in life, provided we’re humble enough to learn. As a young loan officer my first Small Business Administration loan was a disaster. SBA loans require lots of attention to detail and dozens of documentation challenges. ...
This week we’re exploring the differences between wisdom, knowledge, and understanding. Let’s begin with Understanding. The Hebrew meaning of this word has been defined as, “perceptive insight with the ability to judge.” A consulting client once asked me and his other advisors to help him with an issue. One of the advisors recommended a plan that was immoral. It was ...
If you’re like me, you spend a lot of time praying for wisdom for the many work decisions that need made. I’ve discovered that many verses in the Bible reference wisdom, knowledge, and understanding all in the same passage. These three words have different meanings that build on each other. Understanding comes from learning God’s Word. Knowledge comes from the ...
Equipping Others to Do Work Differently
