7 Bible-Backed Financial Principles Of Business Success

By Cami Ezenwa

Success in Life is not a desirability that falls from the sky; just like Bible-backed financial principles of business success may be all you need to turn that entrepreneurial endeavour around.

This is easy to understand. The scripture is the word of God, and words were the very tools that God used to bring humanity into existence.

Scripture speaks to all aspects of the human endeavour, including financial principles and business success.

What then are the 7 Financial principles of business success that are scripture-backed?

1. Success Mindset: Prov 23:7

As a man thinketh in his heart, so is he. Saturate your mind that you will experience business success, deploying tested financial principles.

2. Planning: Prov 21:5

Planning is one of the most powerful financial principles for business success.

It is not just about itemising things that need to be done and when, but includes provision for the unexpected.

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It requires diligence, just as our reference scripture infers:

The plan of the diligent leads to profit as surely as haste leads to poverty.

In other words, you are not going to set out on any aspect of the business without first sitting down to marshall out a strategy.

3. Budgeting: Luke 14:28

For which of you intending to build a tower sitteth not down first and counteth the cost whether he has sufficient to finish it. To succeed in business also means to abhor frivolity in spending. Budgeting enables you to keep within limits of available resources.

4. Diligence: Prov 22:29

Seest thou a man diligent in his business? he shall stand before kings; he shall not stand before mean men.

Hardwood does not kill and anything you commit energy, time, work to , will definitely yield.

If you are not ready to commit to the enterprise, do not expect it to grow.

5.Service Your Obligations Including Paying Workers 1Tim 5:18

For the scripture saith, thou shall not muzzle the ox that treadeth out the corn.

And the labourer is worthy of his reward.

Success in business requires a pooling of resources, material or otherwise. Those who lend their time, energy and skill towards the business, be it on adhoc or permanent basis should be paid their agreed wages.

6. Tithe: Lev 27:30

A tithe of everything from the land, whether grain from the soil or fruit from the trees belongs to the Lord.

Tithing is an effective way of making God co-owner of the business. The discipline to set aside 10% of business profit is not easily available but becomes a buffer to demonic attacks on the business once cultured

7. Thanksgiving to God: Deut 8:18

But 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.

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Another scripture opines that the race is not to the swift, nor success to men of good understanding…

Many problems there are which God shelves us away from.

It is only the living and healthy that could work, and guarantees for the above only come from God.

How many experienced entrepreneurs have invested in very viable projects, down best energy and time, and ended up losing all.

So why not set out time and resource in thanking the one who giveth you the power to make wealth Some go ahead to give to charity.

This does not always mean going to orphanages and the like, but being sensitive to your neighborhood, including offices, compounds and churches and deliberately being a child of consolation to someone presently challenged.

With the above financial principles, you would lifted your battles to become the Lord’s as encapsulated in 1 Sam 17:11