Bible Book, Chapter, Verse and Translation References For This Post

  • Proverbs 12:27
    • …the diligent man makes good use of everything he finds (The Living Bible)
    • …the diligent man gets precious possessions (Amplified Bible)
    • …the diligent man will get precious wealth (English Standard Version)
    • …the precious possession of a man is diligence (New American Standard)
    • …the substance of a just man shall be precious gold (Catholic Family Edition)

Context For The Scripture References

  • This passage talks about the lazy, slothful man versus the diligent man;
  • The Living Bible translation speaks to me the most;
  • Common word among among all translations but one is “diligent”.

Why This Is Important For Us and Our Business

  • We often think we do not have what we need to start a business, grow a business, or take on a new project, but if we are observant and patient, take stock of what we have, listen to what the lord is telling us, and what he is putting in our view and within our grasp, we have all we need.
  • Everything we read, every human interaction, everything we do, what we learn, and all of our experiences should be looked upon as gifts and assets can help us now and in the future. We just need to be mindful of what we are being constantly given.

Applying It To Us and Our Business

  • What are assets…things we find in our lives that can be applied:
    • talent, skills, experience, education, knowledge – much in these last 2 can be gained for free online if we do the research.
    • people – who do we know with experience, knowledge that we can ask for help, advice, feedback? Who do they know?
    • physical assets – what do you have already, what can we get for free, cheap, used, rather than paying full price.
    • time – can we be more efficient so we have more time to do more things (how can we be more productive)?  What do we spend time on that is not helpful or moves us forward?
    • thoughts – put them to good use to think through challenges and how to navigate through them.
    • effort – its part intensity (being in the moment fully), but also like running a marathon – pace ourselves- spend the time to figure things out, master a skill, get good at our craft.
    • attitude – faith and optimism is a huge asset.
    • place – where we live, work…how is that an asset?
    • surroundings/environment – who and what are we exposed to that helps teach us, motivate us?
    • conditions – life is up and down, for everyone – no one ever has it always good.  What conditions are we in that are teaching us and/or presenting us with opportunities?
    • Currency – sure, currency can buy a lot of the above, but be careful (see below)
  • Diligence is common word among translations and tell me to be mindful about all my assets, document and record them so I do not forget about them and can use them in the future.
  • Extract maximum value from all our assets.  When we are mindful about them, document and record them…think about them, which helps us look at our assets from all angles so we take full advantage of them.
  • Don’t waste. It often takes slowing things down in life, building in time (also called margin) to reflect and think. We can get intoxicated with anything worldly, drink, food, people, money, activities, hobbies….having too much and we ponder it less, value it less, potentially waste it.  Think about stewarding what we have carefully, which takes time and thought to do it right.
  • The fear of missing out (FOMO) is strong in our world, amplified with our connectivity through technology.  It is easy to look at others and think we are not accomplishing enough, experiencing enough…but activity, experiences and accomplishments do not equal effectiveness and impact.  To be effective and have impact for the Lord, slow down, reflect, think, ponder.
  • Abe Lincoln was supposedly quoted: “give me six hours to chop down a tree and I will spend the first four sharpening the axe”.  Think about that quote and what it means to you when it comes to extracting value from everything.
  • In my experience, having too much, including money/currency, brings in huge risk that you will waste it faster going down the wrong path. Money, especially, can cover up a lot of problems, until you run out, then the problems come to light, and you realize the money just gave you more rope to hang yourself.
  • Find is active – go out and find assets we can use and be mindful of what we have, what is coming to us, and find the value in that.  My observation is that many Christians think they don’t have to do anything and the Lord will send everything to them.  Maybe that is the case for some Christians but certainly not for me.  Be active in finding assets.
  • I have found upon reflection of my past that a lot of what was presented to me is not what I was looking for at the time but ended up needing it, or I might need it years later, so I always try to be mindful of what comes out of left field that I was not expecting, or what I was not looking for.  Document and record so you remember all the things the Lord puts in front of you.
  • This context around passage has two distinct activities: hunt for your prey, then prepare it.  If we don’t do the second, then we are not maximizing the use of what we found.  But often we start something and do not finish it, or we get bored with it and quit.  We do not persist.  We give up too easily.
  • In Matthew 15:35, Jesus took what he had, gave thanks to God, and it multiplied to feed thousands.  He wants us to take what we have, be thankful for it, and he will use it to achieve His ends.  Don’t assume he will multiply it, because that is not always the goal.  The goal in this scripture was to feed thousands, which He accomplished by multiplying the little He had. By giving thanks for what we have, we are acknowledging what we have, not overlooking it, which is the first step towards taking maximum advantage of it.

Tools To Help Apply

  • What daily, weekly, monthly time slots do we schedule to set aside for thinking, reflecting? Build in habits and processes that force us to do this. Atomic Habits is a good book to help think about habits and personal processes and systems.
  • What do we use to document and record what come before us so we can retain it for the future?  What tools can we use to take notes, maintain in categories, with tagging, so they are organized and we can find them later?  Think about apps for less structured data like Evernote, OneNote, Google Docs, and spreadsheets and cloud databases for structured data. For a glimpse into how I track and retain information and tools for my professional endeavors, please see the curriculum for my startup roadmap. For more details, look at the systems I use for my businesses, a lot of which I use personally for documenting and recording things.
  • Use the Stakeholder Matrix tool to help you find others who can be assets to help in your business.

Additional Relevant Links

Questions for further study

  • What do I need to learn that allows me to take advantage of the assets I have available to me?
  • What should I be doing different in my life that would allow me to maximize the use of the assets I have available to me?
  • What new habits, processes and systems should I implement in my life that would allow me to maximize the use of the assets I have available to me?
  • What do I start but not finish through. Is this a habit that needs to be changed?  Where do I need to persist more in order to really extract the value from what I find?