Author · Advisor · Teacher · Lecturer

A wiser way to live well.

Rich Brott writes about business, finance, purpose and stewardship – with a grounded perspective for the decisions that shape an abundant life.

rich-brott

Insights & Wisdom for a Rewarding Life – Financially, Personally, Spiritually.

- Rich Brott

Kingdom perspective

Business · Finance · Purpose · Stewardship

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Book of the Day

Establishing a Successful Business
BUSINESS

Establishing a Successful Business

BY RICH BROTT | PUBLISHED: JANUARY 1, 2009 | SOFTCOVER, 6″ X 9″, 273 PAGES – $69.40

Author Rich Brott notes six themes that are mutually dependent upon each other, each of which represents a necessary requirement for a successful business. They are Knowledge, Experience, Ability, Opportunity, Capital, and Commitment.

When it comes to business failures, the stats are not pretty. Within the first year of operation, over 50% of businesses fail. Extend the time period to five years, and the statistics become even worse. In that time period, over 95% of all businesses fail.

From the beginning, business is risky and chances of success are poor. But you can significantly improve your chances of success with good insight, preparation and planning. The author notes that in this book he wants to help you in the area of establishing your business and will do so by leading you step-by-step through these critical areas.

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Today’s Essay

DEBT FREE 1 MIN READ

It is Scriptural to Become Debt Free

It is Scriptural to Become Debt Free It is scriptural to become debt free. Romans 13:7-8 tells us, “Give everyone what you owe him: If you owe taxes, pay taxes; if revenue, then revenue; if respect, then respect; if honor, then honor. Let no debt remain outstanding, except the continuing debt to love one another, […]

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RECOMMENDATIONS 1 MIN READ

Paying With Cash – 6

Summary Use the information I have provided in the previous blogs to think about paying cash. If you don’t have the cash, don’t make the purchase! Use the “cash paying” model of these companies to improve your own personal family financial balance sheet. Perhaps you have made some mistakes in the past. Yes, you must […]

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CREDIT 1 MIN READ

Is Credit Debt Dangerous?

Americans are two trillion dollars in debt. Credit, the ability to borrow money, can be very dangerous. In short, it’s spending money today that will be tomorrow’s income. Most economists would say that credit is an important part of the ability of individuals, families, cities and ultimately nations to function in a financial world. Credit […]

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DEBT 1 MIN READ

The Lifestyle of Debt

The Lifestyle of Debt What about a lifestyle of debt? Is a Christian to borrow? Is debt okay? Some would believe it is wrong for a Christian to have any debt. Some will say it is all right to borrow for a house, but never borrow for anything that would depreciate. While I am not […]

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Personal Cash Flow

Managing Cash Flow By Finding Missing Money

Everybody needs some kind of system to account for spending and cash flow. Spending must to be controlled. But first you’ll have to find that missing money. It’s that cash, your income, that somehow seems to scurry away.

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Insurance

How Much Disability Ins. Do You Need?

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Today’s Article