Doing Business by the Good Book Ch 19

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Questions and Answers

What does the author express as the primary benefit of facing trials?

  • It produces endurance. (correct)
  • It allows for easy accomplishments.
  • It leads to immediate success.
  • It guarantees recognition and awards.

Which challenge did the author NOT face during high school?

  • Had a difficulty with public speaking.
  • Chronic injuries affecting athletic performance. (correct)
  • Failed to make the football team.
  • Struggled academically with a low GPA.

How did the author's persistence influence his college basketball career?

  • He made the team after attending practices though he initially didn't make it. (correct)
  • He received immediate success without any failures.
  • He was easily recognized by coaches during freshman year.
  • His natural talent led to quick scholarships without effort.

What physical transformation did the author experience during his college years?

<p>He grew taller and put on some weight. (A)</p> Signup and view all the answers

What role did the author's attitude play in his basketball journey?

<p>It fueled his determination and eventually led to an athletic scholarship. (A)</p> Signup and view all the answers

What was the author's first job after graduation?

<p>Substitute teacher (C)</p> Signup and view all the answers

What significant event occurred when the author attempted to join a local scouting troop?

<p>He was rejected due to his race. (C)</p> Signup and view all the answers

What did the author's experience in scouting contribute to his career?

<p>It prepared him for a job with the Boy Scouts of America. (D)</p> Signup and view all the answers

How many résumés did the author send out over the course of three years?

<p>About 400 (C)</p> Signup and view all the answers

What was the main focus of the training program provided by the Missouri Pacific Railroad Company?

<p>Railroad industry knowledge (A)</p> Signup and view all the answers

What does the author cite as a source of his strength to overcome adversity?

<p>Faith in God (B)</p> Signup and view all the answers

During his challenging times as a business owner, what strategy did the author implement?

<p>He concentrated on the operations of the company. (A)</p> Signup and view all the answers

What was one consequence of the company's financial difficulties mentioned by the author?

<p>The employees lost trust in the leadership. (A)</p> Signup and view all the answers

How did the author react to the recurring financial pressures during his entrepreneurial journey?

<p>He focused on how to overcome challenges. (C)</p> Signup and view all the answers

What metaphor does the author use to describe understanding hardship?

<p>You can't appreciate sunshine without rain. (D)</p> Signup and view all the answers

Flashcards

Overcoming adversity

Dealing with difficult struggles in life and finding the strength to overcome them.

Perseverance

Continuing to try even when faced with difficulties or setbacks.

College basketball

Playing basketball at a college level.

Self-improvement

Improving oneself through effort and determination; in this case, improving in height/skills through perseverance.

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Athletic scholarship

A scholarship offered for academic studies in exchange for participating in a sport at a college level.

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Job-hunting Difficulties (1973-1976)

The speaker faced significant challenges finding a job after graduation due to average grades and race.

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Integrated Troop 225

The speaker helped establish a racially integrated Boy Scout troop, after one was unavailable to him.

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Adversity as Training

The speaker believes experiencing hardships in youth strengthens character and prepares for future challenges.

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Importance of Faith (1970's)

Faith in a higher power helped the speaker maintain a positive mindset during job-hunting and hardships.

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Missouri Pacific Railroad

A company employing the speaker in a marketing position after a long job-hunt.

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Financial Struggles (1990's)

The speaker faced significant financial pressures as a business owner, including debt, repossession.

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Persistence Through Hardship

The speaker persevered through financial difficulty with unwavering focus on the positive impact of their work.

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Company Employee Loyalty

The speaker noticed the loyalty of his employees during difficult times and was thankful.

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Turning Point

The speaker's focus on employees and customers through adversity transformed difficulties into a training ground.

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Faith and Adversity (Romans 5:3-5)

Suffering leads to endurance, character, hope. The speaker used this biblical concept during hardships.

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Study Notes

Dealing with Adversity

  • James 1:2-4: Facing trials is a source of joy, because testing faith produces endurance, which leads to maturity and completeness.

Personal Struggles and Triumphs

  • Adolescence: The author struggled academically (C average), in sports (failed tryouts for football and basketball), and with a speech impediment and shyness.
  • High School: Found perseverance to be his key strength
  • Basketball: Coach predicted no college basketball career, but the author enrolled in Central Missouri State despite his small stature, eventually growing to six-foot-five and receiving an athletic scholarship.
  • College: The author's determination and attendance at practices impressed the coaching staff.
  • Job Hunting After College: Experienced difficulty finding employment due to average grades and racial background. A substitute teaching job and then a role with the Boy Scouts led to a first business job.
  • Layoffs and Job Searching: The author faced job loss, sent hundreds of résumés, and had multiple interviews, ultimately landing a marketing and sales position with the Missouri Pacific Railroad Company.

Importance of Faith and Adversity

  • Romans 5:3-5: Suffering leads to endurance, endurance produces character, character produces hope, and hope does not disappoint because God's love is poured into our hearts.
  • Lessons Learned: Adversity in youth is a positive experience, it helps individuals grow stronger and more capable of succeeding.
  • Personal Interpretation: The author learned that sometimes God takes his hand away to allow individuals to experience adversity so that they can become stronger, better prepared for the future.
  • Business Challenges: The author's entrepreneurship journey included significant financial hardships, including a $3.5 million debt and a repossessed car.
  • Coping Mechanism: Maintained focus on doing good for employees and customers, recognizing their belief as a positive factor. Recognized the value of mutual trust with employees and other parties.

Perseverance in the Face of Pressure

  • Employee Loyalty: Several employees were motivated to remain with the struggling company, despite potential opportunities elsewhere. This highlighted mutual trust and vision.
  • Racial Prejudice: Acknowledged racial prejudice as a significant factor in past challenges.
  • Maintaining Perspective: Viewed oneself not as a victim, but instead as someone who could leave room for God's wrath and not seek vengeance on others.
  • Churchill's Advice: Cited Winston Churchill's famous commencement speech encouraging perseverance and resilience.
  • Growth Through Adversity: The author's experience shows that adversity in youth can equip individuals more effectively for future challenges.

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