Doing Business by the Good Book Ch 37

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Questions and Answers

What realization prompted the author to vow to make a difference in the world?

  • Regret for past experiences and missed opportunities
  • Feeling grateful for turning twenty-five
  • Fear of death without fulfilling life's purpose (correct)
  • Concern about not achieving personal goals

In what way does the author suggest we should view time?

  • Only valuable when shared with others
  • As an endless resource that can be renewed
  • As something we can take for granted
  • In the same manner as money that can be spent wisely (correct)

What was the reaction of the Israelites after leaving Egypt, according to the story mentioned?

  • They were disenchanted and questioned Moses' intentions (correct)
  • They expressed joy over their newfound freedom
  • They felt liberated and grateful to Moses
  • They praised God for their deliverance

What was God's response to the complaints of the Israelites?

<p>He provided them with food from heaven (C)</p> Signup and view all the answers

What does the author suggest can be accomplished if one spends their time wisely?

<p>Creating a legacy of achievements and impact (A)</p> Signup and view all the answers

What was the reason some Israelites gathered more manna than needed?

<p>They wanted to store it for future use. (A), They didn't believe Moses' instructions. (B)</p> Signup and view all the answers

How does the analogy of manna relate to time management in a business context?

<p>Both represent the need to respect what is given and utilize it efficiently. (B)</p> Signup and view all the answers

What is implied about the relationship between time and money in the context of business?

<p>Maximizing time efficiency can lead to monetary benefits. (D)</p> Signup and view all the answers

Which behavior is considered disrespectful of others' time in a business setting?

<p>Using cell phones during meetings. (B)</p> Signup and view all the answers

Why is it important for an employee to be disciplined in managing their time?

<p>To ensure they fulfill their obligations and increase productivity. (A)</p> Signup and view all the answers

What does the CEO imply about the value of time in decision-making?

<p>High-value employees should not waste time on low-level tasks. (B)</p> Signup and view all the answers

What is implied when it is said that 'time is sometimes squandered due to haste'?

<p>Rushing can lead to mistakes requiring additional time to rectify. (B)</p> Signup and view all the answers

Which action is NOT advised in the context of time management?

<p>Improvising without a plan for task completion. (D)</p> Signup and view all the answers

Which example illustrates the effective use of time according to the content?

<p>An individual hires help to save their own time. (A)</p> Signup and view all the answers

Flashcards

Importance of Time

Time is a valuable resource given by God that we should use wisely and productively, making a difference in the world.

Finite Time

Human life has a set amount of time, and it's crucial to make the most of each moment.

Purposeful Life

Living a life that aligns with a higher purpose and contributing positively to the world.

Value of Each Moment

Every second of our time holds potential for a positive impact. Each moment can be used for good or wasted.

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Story of Moses and Israelites

The Israelites, dissatisfied with their situation, expressed their complaints to Moses, showcasing the importance to appreciate the provisions given by God.

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Time is Money

The concept that time is a valuable resource that can be measured economically, and wasted time equates to lost potential earnings.

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Time Theft

Using company time for personal activities, such as extended breaks or personal calls, is considered stealing from the employer.

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Value Proposition

A business proposition that demonstrates how a product or service benefits customers by saving them time and increasing efficiency.

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Internet's Impact on Time

The Internet revolutionized communication and information access, making it possible to connect globally and find information instantly.

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Respecting Others' Time

Being punctual and considerate of others' time shows respect and professionalism in personal and business interactions.

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Focused Time Management

Prioritizing tasks and utilizing planning tools for optimal time allocation and productivity.

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Time Value Analysis

Evaluating the relative worth of time by comparing time investment against potential returns or cost savings.

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Haste Makes Waste

Rushing through a project can lead to mistakes that require additional time to correct, emphasizing the importance of pacing.

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Time Management Discipline

A consistent practice of prioritizing tasks, planning effectively, and making conscious choices regarding time allocation.

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Time Investment in Career

Prioritizing career development and leveraging time effectively for professional growth and advancement.

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Study Notes

Time Management and Value

  • Time is precious; each moment is a unique gift.
  • A finite amount of time exists in this life.

Ecclesiastes 3:1-8

  • A time for everything; a season for everything.
  • Examples include: birth, death, planting, plucking, killing/healing, breaking/building, weeping/laughing, mourning/dancing, gathering stones, embracing, seeking, keeping, tearing/sewing, silence/speaking, love/hate, war/peace

Personal Reflections on Time

  • Worry about wasted time in one's 20s impacting one's future.
  • A feeling of unfulfillment can arise from not fulfilling one's purpose to God.
  • A vow to not repeat the feeling of unfulfillment in future years.
  • Importance of using time wisely.
  • Using time as a valuable commodity; comparing it to money.
  • God gives 86,400 seconds daily, each with monetary value, and it is equivalent to a dollar you can spend.
  • Carefulness and thoughtfulness over how time is used must be practiced.

The Manna Story (Exodus 16)

  • Israelites' discontent after departure from Egypt.
  • God provided manna; enough to eat daily and no more.
  • God's test of obedience to Israelites.
  • Gather only for that day's needs.
  • Collecting extra bread led to waste due to rot or loss to the sun, etc.
  • Wasteful to gather more than what is needed.
  • Relevance to time management.

Time in Business

  • Time is valuable in business (time = money); need for quantifiable value.
  • Example: Employee compensation divided by annual work hours for hourly value.
  • Calculating hourly values for services/equipment rental, etc.
  • Employees must give a fair day's work.
  • Personal use of company time is considered theft of company time.
  • Saving customer time is essential for company success.
  • Examples of time saving strategies in the business-IT sector.
  • Focus on efficiency and cost reduction via IT development

Importance of Respecting Time

  • Being punctual; avoidance of lateness.
  • Avoiding holding people on the phone.
  • Respect others' time as much as one's own.
  • Appropriate use of cell phones during meetings.

Maximizing Time Management

  • Good planning, time management, and focus are connected.
  • Time management is about getting the most out of one's time.
  • Prioritizing tasks properly.
  • Example: someone paying for lawn care vs doing it themselves because of time value.
  • A leader should not ask high-paid employees to perform tasks of lower-paid ones.
  • Rushing can lead to mistakes; pacing and planning are vital.

Lessons from Time Management

  • Haste leads to additional time requirements.
  • Time management parallels wealth acquisition; Patience & perseverance increase wealth.
  • Jesus' time management was exemplary during His three-year ministry, focusing on compassion for the poor and the downtrodden.
  • Jesus' actions showed that there were times one needed to set aside priorities to help others.
  • Taking time for others regardless of how busy one is.

Time and Personal Relationships

  • Maintaining balance between work and personal life.
  • Example: Jesus' intervention on behalf of a sick woman versus His impending commitments.
  • Don't let work become so crucial that one neglects personal relationships with loved ones.

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