(Summary of The Kingdom Summit 2014 Session by Ben Akabueze)
Challenges are inevitable in the marketplace. Let’s take a quick look at some of them along with the Kingdom principles that can be employed to combat them.
- POOR QUALITY PRODUCTS AND SERVICES
Certain businesses reflect a huge gap in their promise and the delivery. The failure to deliver as per the promise is usually rooted in incompetence or greed and leaves the customer loaded with products and services of terrible quality!
The Word of God points out that such an attitude amounts to cheating and infact forbids us from having anything to do with it. Leviticus 19:13 explicitly states that, ‘You shall not cheat your neighbor, nor rob him. The wages of him who is hired shall not remain with you all night until morning.’ Treading on paths beyond the realm of profit can easily suck us into the dangerous road of cheating.
Instead, the Word of God exhorts every believer to be diligent in his endeavors. Sloth is a term that shouldn’t exist in his dictionary. Proverbs 22:29 says, ‘Do you see a man who excels in his work?
He will stand before kings; he will not stand before unknown men’. God wants us to be skilled in our trade. He wants us to strive diligently to build a reputation that delivers quality products. This will ensure greater patronage as well as bring glory to God. When God is glorified in our jobs or businesses, then it becomes a nonverbal witness for Jesus.
- NEPOTISM AND USURY
Nepotism in the market place refers to injustice and inconsideration based on race and tribe. God’s Word is opposed to such discrimination. Galatians 3:28 says, ‘There is neither Jew nor Greek, there is neither slave nor free, there is neither male nor female; for you are all one in Christ Jesus’. The bloodline of Jesus is thicker than tribal blood lines.
Usury means charging exploitative interest rates. Leviticus 25:37 states that, ‘You shall not lend him your money for usury, nor lend him your food at a profit’.
Our businesses must not tolerate discrimination of any form. Infact, if we run a business it means that we should have a good mix of Christians and non-Christians. Some people even prescribe a 70:30 ratio (70% believers and 30% non-believers) employee mix for Christian-owned businesses. Whatever the ratio that we fix, we must consider our business to be a ministry and promote justice and equality therein.
- ACCESS TO CAPITAL
Capital is critical for micro or small scale businesses. Thankfully, unlike in the past when there weren’t really too many options available for a startup organization, today there are multiple facilities that many bankers offer.
Now that we have identified some major challenges in the market place, let’s examine what options are open to us to address these problems.
Partnerships are important if we are to take our rightful position in the market place. There’s nothing unscriptural about partnerships. All that God warns against is an unequal yoking. A believer should model strong partnerships that are anchored on Godly principles. The typical partnership is characterized by mistrust, greed, envy, treachery, backbiting and other similar vices. Most often, those are the reasons for the failure of the business too. But when two or more spirit-filled people come together in partnership and agree about their purpose then God will bless their efforts.
- ANGEL FINANCING
Successful believers can assist in setting up financial services that provide capital in form of loans at favorable rates of interests or as equity/quasi-equity. This will stop exploitation of people engaged in small scale businesses and startups and give them the seed capital required to do well.
THE KINGDOM SUMMIT 2017 - Register now!
This year, The Kingdom Summit 2017 will be held at The King's Court, Lagos, Nigeria from 13 to 15 October 2017, featuring top experts, leaders, speakers and panelists from around the world.
The theme for this year's summit is: Partnering for Kingdom Impact in Africa
Do not miss the opportunity to attend this conference and take away 'Kingdom Strategies' for your work-life and business.