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God blessed them and said to

them, “Be fruitful and increase
in number; fill the earth and
subdue it. Rule over the fish of
the sea and the birds of the air
and over every living creature
that moves on the ground.”
Genesis 1:28

STARTING YOUR BUSINESS July 2018, Issue 75

Unemployment is one of the biggest problems Uganda faces today with 58% When we take the principle to
of its productive population (those aged between 14 and 64 years) specifically talk about making or creating

58%
unemployed.1 Finding a job, which used to be the most sure way to wealth, the scripture on the parable of
employment, no longer offers enough opportunities to match the demand in the talents in Matthew 25:14-30 comes
the ever increasing population. Many people in Uganda, especially the young to mind. Here Christ brings out the
people, have therefore taken to starting their own businesses, an endevour importance of multiplying the resources
many refer to as entrepreneurship. entrusted to you. Jesus took the
seriousness of the principle a notch Of Uganda’s
But what is entrepreneurship? Is entrepreneurship a Biblical concept? How higher by declaring the man who did not
can one become a successful entrepreneur? We sought answers to these productive population is
multiply the one talent he got “a wicked
questions.
and useless servant”. The Bible is filled unemployed
with a number of entrepreneurs for
Is entrepreneurship a Biblical concept? example Apostle Paul who was trained as a Jewish lawyer and later
Yes, entrepreneurship is Biblical. became an entrepreneur by making and selling tents (Acts 18:3).
Entrepreneurship is about creating money or The third passage that comes to mind is the virtuous woman in Proverb
31:13&16 who buys wool and flax to weave and also considers and buys
wealth. We all are obliged to think of how to
land, tends it and produces food for her family and for sale.
make money which in turn will create wealth.
It is clear from the above that we are tasked to get out of the comfort and
By telling the man to subdue the earth in go out there and make a profit out of the resources God has blessed us
Genesis 1:28, God was telling man to think with. This, however, has to be done all for the Glory of God—Colossians
with his brains and work with his hands to 3:23-24
add value to what He had given them. The
wife in Proverbs 31 is admired for being a
Deborah Kigula thinker who sees bargains and turns them 1. Address excuses
Businesswoman into profit Let’s face it, being your own boss is scary. In most cases, new business
Proverbs 31:13-19 shows you an entrepre- owners have a lot to lose with little insight into their chances of success.
neur who is alert and deliberate about making money and creating wealth. Worrying about the risks of business ownership is normal.

God delights in people who dare walk out wisely to trust Him for
entrepreneurship adventures. Of course they must be legitimate
businesses and glorifying to Him.
But entrepreneurship is not only about trading something.
Self-improvement in education and acquiring skills is a very big part of it all.
Acquiring knowledge and wisdom, and skills are essential for marketing
yourself better for higher incomes.
I define entrepreneurship as a creative act
that employs ordinary available resources
and finds ways to create greater value than
existed before.
When I think about entrepreneurship, three
passages come to mind. This principle started
right in the Garden of Eden where God
commanded Adam to “Be fruitful and
multiply and fill the earth and subdue it and
have dominion over the fish of the sea and
over the birds of the heavens and over every
Asaph Kyambadde
living thing that moves on the earth.” To this
Farmer
date, we are still under the same obligation
to multiply ourselves physically through child bearing; spiritually through
continued spreading of the gospel; and to multiply all the resources God
has put at our disposal so that there is a perpetual improvement.
1
https://www.newvision.co.ug/new_vision/news/1420713/census-unemployment-biting-hard
But, excuses only slow you down from reaching your goals. If you really
want to start a business, you need to address the reasons you think you
can’t start a business and get rid of them. Find a solution to the issue
rather than let it hold you back.
2. Absorb everything
Listen to what others have to say—friends, family, experts, even
yourself. When it comes to things that have to do with your
entrepreneurial goals, be a sponge. As you learn, start to work out the
idea in your head. Write things down. Keep notes from all the resources
you come across to develop a detailed plan.
When you tell people about your business, read their body language.
Do they like the idea? Or, are they just being nice and really think you’re
going in the wrong direction? Encourage your listeners to be honest
with you. The collective opinion you get from peers could be a
reflection of how consumers will react.
3. Be a solution
Rather than starting your idea with what to sell, think about what it will
solve. It’s a lot easier to gain a solid customer base when your business
is fixing a problem. Your business should fill a hole in a certain market or
niche.
Tips from www.forbes.com
The KEY RING is a monthly publication by the Kampala Baptist Church Media Team
that seeks to provide an avenue where men and women can share knowledge and
understanding of the word of God, experiences and encourage one another as the
older perform the act of ‘paralambano’ to the younger.
Our prayer is that the Lord will speak to you through this publication.

Drop us an email at kbcmediateam@gmail.com | Visit the church website at www.kbcuganda.org