BIBLICAL PRINCIPLES FOR

ACHIEVING GOOD SUCCESS IN

BUSINESS
BY

PASTOR OLUREMI MORGAN

2013

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BIBLICAL PRINCIPLES FOR ACHIEVING GOOD SUCCESS
IN BUSINESS
The Business terrain is challenging worldwide.
Statistics reveal that only 25% of businesses succeed
beyond year 2. Worldwide it's difficult and in Nigeria
we have very peculiar problems that compound this.
Trying to establish and maintain a business along the
lines of the Bible is therefore fraught with challenges.
However it is possible and we'll be sharing some of
that today.
Very broad and exhaustive subject but will share
some key principles.
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BIBLICAL PRINCIPLES FOR ACHIEVING GOOD SUCCESS
IN BUSINESS
1. VISION
GOD MUST GIVE VISION FOR BUSINESS
Habakkuk 2:1-3 (KJV)
[I will stand upon my watch, and set me upon the
tower, and will watch to see what he will say unto me,
and what I shall answer when I am reproved.]
PRICE MUST BE PAID AS WE NEED TO STAND UPON
OUR WATCH TO SEE WHAT HE WILL SAY.
2[And the ] Lord[ answered me, and said, Write the
vision, and make ] it[ plain upon tables, that he may
run that readeth it.] 3

ACCESS TO VISION PERMITS YOU TO RUN.

BIBLICAL PRINCIPLES FOR ACHIEVING
GOOD SUCCESS IN BUSINESS

3[For the vision ] is[ yet for an appointed time, but at

the end it shall speak, and not lie: though it tarry, wait
for it; because it will surely come, it will not tarry.]

WHEN GOD GIVES VISION, IT MUST SURELY SPEAK.

PAY THE PRICE TO OBTAIN THAT VISION.

IF CHANGE REQUIRED, YOU MUST STORM HEAVEN

FOR DIRECTION SO GOD CAN SPEAK.
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BIBLICAL PRINCIPLES FOR ACHIEVING GOOD SUCCESS
IN BUSINESS
2. PLANNING- VERY VITAL
MUST COMMENCE WITH BUSINESS PLAN.
THEREAFTER, PLACE OF PLANNING CANNOT BE
OVEREMPHASISED.
MULTI-YEAR, ANNUAL, MONTHLY TARGETS KEEP
THINGS IN PERSPECTIVE AND PROVIDE MOTIVATION.
LUKE 14:28-32
What are startup costs?, how will I fund the business-
debt/equity mix, how much working capital is
needed?
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BIBLICAL PRINCIPLES FOR ACHIEVING GOOD
SUCCESS IN BUSINESS
BIZ PLAN CONTENTS:
- Motive
- Structure of organisation
- Key products or services
- Target market and size of market
- Existing competition
- Marketing plans
- Operational procedures
- Financial forecast
GOD AT CREATION WAS THE MASTER 6

PLANNER
BIBLICAL PRINCIPLES FOR ACHIEVING GOOD
SUCCESS IN BUSINESS
3. ACQUIRE KNOWLEDGE (and wisdom)

Proverbs 24:3-4 (KJV)

3Through wisdom is an house builded;
and by understanding it is established:
4[And by knowledge shall the chambers
be filled with all precious and pleasant
riches.]
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BIBLICAL PRINCIPLES FOR ACHIEVING GOOD
SUCCESS IN BUSINESS
Wisdom and understanding required and also :
KNOWLEDGE of industry via
- Regular Press
- Internet
- Professional/Trade Publications
- Trade Associations
- Industry Conventions

CONSISTENTLY PURSUE KNOWLEDGE REGARDING

YOUR INDUSTRY
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BIBLICAL PRINCIPLES FOR ACHIEVING
GOOD SUCCESS IN BUSINESS
4. RETAIN FOCUS
ABSOLUTELY NEEDED FOR SUCCESS

Matthew 6:22 (AMP)

22The eye is the lamp of the body. So if your
eye is sound, your entire body will be full of
light.
IGNORE DISTRACTIONS AND SIMPLY BID TIME
AND WAIT FOR NEXT OPPORTUNITY THAT WILL 9
BE WORTH YOUR WHILE.
BIBLICAL PRINCIPLES FOR ACHIEVING GOOD SUCCESS
IN BUSINESS

5. DILIGENCE
ABSOLUTELY NEEDED AND WE'RE CHALLENGED BY THE WORD
Proverbs 6: Go to the ant, you sluggard; consider her ways and
be wise!
7[Which, having no chief, overseer, or ruler, ] [ ]
8[Provides her food in the summer and gathers her supplies in
the harvest. ]

ANT GATHERS FOOD IN SUMMER AND SAVES IT FOR

SUBSEQUENT CONSUMPTION IN WINTER.
DO YOU HAVE RESERVES TO FALL BACK ON IN LEAN TIMES?
WATCH ANTS AT TIMES CARRYING LARGER BITS THAN THEY
ARE. THEY APPLY SELVES AS NEEDED.
Proverbs 22:29 (KJV)
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29 Seest thou a man diligent in his business? he shall
stand before kings; he shall not stand before mean
men.
BIBLICAL PRINCIPLES FOR ACHIEVING GOOD
SUCCESS IN BUSINESS
6. HARD WORK
BIBLE EXTOLS VALUE OF HARD WORK
Proverbs 24:30-34 (KJV)
30 I went by the field of the slothful, and by the vineyard of the
man void of understanding;
31 [And, lo, it was all grown over with thorns, ] and[ nettles
had covered the face thereof, and the stone wall thereof was
broken down.]
32 [Then I saw, ] and[ considered ] it[ well: I looked upon ] it,
and[ received instruction.]
33Yet[ a little sleep, a little slumber, a little folding of the hands
to sleep:] 34[So shall thy poverty come ] as[ one that
travelleth; and thy want as an armed man.] 11
BIBLICAL PRINCIPLES FOR ACHIEVING
GOOD SUCCESS IN BUSINESS

SLOTHFUL MAN DID NOT MANAGE

BLESSINGS
John 5:17-18 (KJV)
17But Jesus answered them, My Father
worketh hitherto, and I work.
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BIBLICAL PRINCIPLES FOR ACHIEVING GOOD
SUCCESS IN BUSINESS
7. FINANCIALS
Proverbs 27:23-24 (KJV)
23Be thou diligent to know the state of
thy flocks, and look well to thy herds.
DIFFERENT OFFICERS OVER KING'S
TREASURES
1 Chronicles 27:25-31 (AMP)
COMPLETE RECORDS NEEDED TO AID
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PLANNING
BIBLICAL PRINCIPLES FOR ACHIEVING GOOD SUCCESS
IN BUSINESS

8. PROCESSES AND PROCEDURES

1 Corinthians 14:40 (KJV)
40[Let all things be done decently and in order.]
EVERY ASPECT OF THE ORGANISATION SHOULD BE
DOCUMENTED TO ALLOW FOR FULL COMPLIANCE
- Recruitment, Appraisals,
- Procurement Processes
- Sales Billings- Targets
- Receivables, Payables To Be Well Managed
- Payments, Receipts, Revenues, Expenditure 14
- Technology Deployment
BIBLICAL PRINCIPLES FOR ACHIEVING GOOD SUCCESS
IN BUSINESS
9. STAFFING
HUMAN RESOURCE KEY TO SUCCESS AND
ACHIEVEMENT
- Be a learning organization. Invest in training and
development.
- recruit right, tests, interviews, select best
- Proper organization chart, job description, appraisals
- confirmation interviews
- staff appraisals, training
- staff motivation, rewards
- coach and mentor 15
- have depth on bench
BIBLICAL PRINCIPLES FOR ACHIEVING GOOD SUCCESS
IN BUSINESS
10. INTEGRITY
CRUCIAL QUALITY IN MOST ENVIRONMENTS THAT
TRANSLATE WELL
Psalm 25:21-22 (KJV)
21Let integrity and uprightness preserve me; for I wait
on thee.
INTEGRITY PRESERVES
Proverbs 11:3-4 (KJV)
3The integrity of the upright shall guide them: but the
perverseness of transgressors shall destroy them.
INTEGRITY GUIDES
INTEGRITY NEED IN ALL RELATIONSHIPS- STAFF, CLIENTS, 16
CUSTOMERS, VENDORS, BIZ ASSOCIATES, FINANCIAL
INSTITUTIONS.
BIBLICAL PRINCIPLES FOR ACHIEVING GOOD SUCCESS IN
BUSINESS
11. REMEMBER THE SOURCE AND SOW SEED
Deuteronomy 8:18-19 (KJV)
18But thou shalt remember the Lord thy God: for it is he that
giveth thee power to get wealth, that he may establish his
covenant which he sware unto thy fathers, as it is this day.
RETAIN STATUS AS TREASURER, MAINTAIN KINGDOM FOCUS
Luke 6:38 (KJV)
38Give, and it shall be given unto you; good measure, pressed
down, and shaken together, and running over, shall men give
into your bosom. For with the same measure that ye mete
withal it shall be measured to you again.
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BIBLICAL PRINCIPLES FOR ACHIEVING GOOD SUCCESS IN
BUSINESS
12. PRAYER
ALL TO BE SOAKED IN PRAYER- vision, biz areas,
recruitment,
Matthew 7:7-8 (KJV)
7Ask, and it shall be given you; seek, and ye shall find;
knock, and it shall be opened unto you:
Philippians 4:6-7 (KJV)
6Be careful for nothing; but in every thing by prayer
and supplication with thanksgiving let your requests be
made known unto God.
7[And the peace of God, which passeth all 18
understanding, shall keep your hearts and minds
through Christ Jesus.]
BIBLICAL PRINCIPLES FOR ACHIEVING GOOD SUCCESS IN
BUSINESS
13. UNDERSTAND GODS EXPECTATIONS
- KINGDOM TREASURERS
Deuteronomy 8:18-19 (KJV)
- LIGHT OF WORLD/CHANGE AGENTS
Matthew 5:13-14 (KJV)
- DECLARE HIS EXCELLENCIES
1 Peter 2:9-10 (KJV)
- PROVIDE GOSHEN FOR BELIEVERS
Oasis of Integrity, learning organisation where
potentials are fulfilled.
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BIBLICAL PRINCIPLES FOR ACHIEVING GOOD
SUCCESS IN BUSINESS
PRAYER POINTS
Isaiah 48:17-18 (KJV)
17[Thus saith the ] Lord[, thy Redeemer, the Holy
One of Israel; I ] am[ the ] Lord[ thy God which
teacheth thee to profit, which leadeth thee by the
way ] that[ thou shouldest go.]
Psalm 35:27-28 (KJV)
27Let them shout for joy, and be glad, that favour
my righteous cause: yea, let them say continually,
Let the Lord be magnified, which hath pleasure in
the prosperity of his servant. 20
THANK YOU

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