Six factors that hinder start of family business

2008 June 4
tags: , ,
by babalobi

Factors that delay family businesses

Lack of funds

Lack of vision

Laziness

Proscrastination

Bad company

Lack of unity in marriage

 

babatope babalobi

from → Christianity

3 Responses leave one →
  1. 2008 September 8
    Helena Ross permalink

    All of the above is needed to start a business. My question is when you are given a vision and you don’t have the funds….what do you do? You are a tither and you give offerings, but the money needed to do the business you don’t have. What do you do?

  2. 2008 September 12
    babalobi permalink

    For Christians, here it where faith works. Start any how! Take a step of faith and do something towards starting..as you proceed God will provide your needs,

    This may look crazy but it has worked for me.

    Dont stay on the same spot lamenting your poverty. Move out and believe the funds are there , as you start in faith the Good Lord will raise people and make a way to provide the funds.

    Several years ago, i wanted to start a business and did not have funds to rent an office. I claimed an un used office I saw, and went in faith to meet the owner that he should allow me to use it until he needed it. Initially he refused but God intervened and said I could use it for free. Am still using it up till today.

    If I had stayed at home without taking a step of faith, the money to rent the office might not have come until today.

    Other ways that may work are:

    Raise a loan

    Borrow, starting from your relations who may be willing to help you most..then friends

    Sell our ideas to others

    Lok for investors

  3. 2009 August 19
    bakare oloyede permalink

    honestly this message is for me,the challenge i have now is dat i need an idea to sell to some local government chairmen so dat i can start from somewhere,im tired of working for someone,want to create time and work more for the lord.pls help,any advice/counsel could help.

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