ABM Blog

Friday, July 27, 2012

Doctrines & Personal Preferences

Christians have major doctrines, minor doctrines and personal preferences. So do successful entrepreneurs and business owners.

More often than they should, both groups dwell on personal preferences more than major and minor doctrines. 

A growing number of 21st century Christians have made personal preferences more important in their life style than major doctrines. As a result, this backwards approach to priorities has made the church weaker in its impact and influence on society.

Major Christian Doctrines                            

  1. The Resurrection of Jesus Christ
  2. The sinless life of Jesus Christ
  3. Jesus Christ is the only way to God
Minor Christian Doctrines
  1. How often to hold communion
  2. Church leadership structure
  3. Pre-trib or Post-trib belief
Personal Preferences
  1. How to dress for church
  2. Style of music
  3. Church start-time
Serving as a director of a Small Business Development Center (SBDC), I have counseled hundreds of entrepreneurs and small business owners in the past five years. Similar to the previous Christian example, I see a growing number of people in the business community that make personal preferences more important than major and minor business doctrines.

Major Business Doctrines
  1. Positive cash-flow, both planned and actual
  2. Resilience powered by a meaningful Why (vision/mission)
  3. Trust that employees, customers, suppliers, investors and lenders can believe 
Minor Business Doctrines
  1. Have a niche, be unique not cheap
  2. Have a written marketing plan
  3. Have a board of advisors and/or mentor 
Personal Business Preferences
  1. Name of the business
  2. Tax-type of business, e.g., sole propritor, LLC, S-Corp, etc.
  3. Home-based or brick & mortar
The success or failure of a new or existing business is not determined by it's name or tax-type. Instead, successful and sustainable businesses have leaders with resilience, cash-flow acumen and knowledge of the Speed of Trust.

Do you agree of disagree?

What would you add, edit or delete?

Do you have a different example of doctrines and personal prferences?

Sunday, July 01, 2012

Give experiences, not gifts

"I don't remember."

That's what one of my grandsons said when I asked, "What did we give you for your birthday last year?"

I then asked "Where did Nena and I take you and your brothers last year?"

He immediately replied "We went to Jimmie and June's farm, rode the tractor and dug up some potatoes in the garden. Then we went to Canton, stayed in a cabin and drove a golf cart."

His answers to my two questions changed our gift-giving strategy as grandparents.

We now give experiences instead of gifts. We've been doing this for about two years with the following results:

  1. We ALL enjoy the experiences, while only the kids enjoy a gift. Sue and I took our entire family to Washington DC for The 4th of July in 2011. Toured the White House, saw the fireworks and celebrated the twin's July 1st birthday at The Hard Rock Cafe in downtown Washington!
  2. The pictures we take during an experience are a whole lot more interesting than a kid opening a wrapped gift. I will always value the picture of my son-in-law surrounded by his three sons on the steps of the Supreme Court. Especially after this past week's events (June 28, 2012 decision on ObamaCare).
  3. It's much easier for Sue and I to pick the right experience than it is to pick the right gift at Toys R Us. 
We just returned from our twin grandson's 12th birthday experience, a weekend in Glen Rose. We toured Fossil Rim Wildlife Park, swam, and saw dino tracks. We also toured the Fast Back Rope factory in Granbury, a very kind gesture by their general manager Robin Postman.

Our big experience for Chrismas 2012 will be a week in December in New York City for the entire family. It's a gift that won't fit under our Christmas tree BUT it will certainly be something we all remember for years to come when we get our picture taken standing under the Rockefeller Center Christmas tree!

Please share your life lessons and experiences to make our life even better.