Eric Speir

Thrive In Your Faith and Family

The Difference Between Profitable and Unprofitable Entrepreneurs

Do you ever wonder what is the key ingredient for successful entrepreneurs? Have you ever asked yourself the reason why some people are successful in business and in life and others are not?

Ready set...

We could list many key traits but there is one trait that every successful entrepreneur or leader has. The writer of the book of Proverbs spells it out for us in Proverbs 14:23, “All hard work brings a profit, but mere talk leads only to poverty.”

The biggest difference between successful entrepreneurs and leaders and those who are not is taking action. Many people have great ideas and theories but they never act on them. They never take action on what they know to do.

Entrepreneurs know that working hard on a good idea will eventually produce a profit. Talking without the accompanying action will produce poverty. In other words, lazy people produce nothing!

What would happen if we started taking action on our thoughts or ideas? What have you been thinking about lately that if you took action on it would change someone’s life or yours? What if you took one baby step toward your dream?

Coaching Question: What could you do now to take an immediate step toward a goal or idea?

About Eric

I'm a pastor, writer and serial encourager. I like to help people to grow in their relationship with God. I live outside of Atlanta, GA. I've written a book, Stubborn Faith: 30 Day Devotional Guide For New Growth. It's available for download on Amazon. Feel free to follow me on Twitter at @ericspeir

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4 Replies

  1. I find that Christians should be some of the people most geared towards action since we realize this life is short and its consequences are eternal. But so often Christians are the ones who don’t understand the difference between selfish action and godly action – and that’s tragic.

    1. Eric

      You’re right. Our motives often get in the way of what’s right or what’s good at the moment. I think we sometimes don’t understand the importance of the moment.

    2. Even Peter, the best of us all, failed God. Selfish action would be never learning from our mistakes. Godly action is learning from them to become better people for God.

      1. Eric

        That’s good Joel. When we take the time to learn from our mistakes we then allow God to redeem them for us!

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