Doing Business by the Good Book Ch 51

What was the initial financial situation of the WWT company before pursuing the air force contract?

How much time did WWT invest in pursuing the air force contract?

What was the approximate amount of out-of-pocket expenses incurred by WWT while pursuing the air force contract?

What unexpected opportunity arose for WWT after losing the air force contract?

What was the result of the GSA contract for WWT's annual sales?

Who accompanied the narrator to the initial meeting with the GSA?

What was the perceived outcome after WWT submitted their final bids for the air force contract?

How did the General Services Administration become aware of WWT?

What was the impact of the GSA contract on the company?

How long did it take to close the GSA contract?

What does the speaker attribute their success to?

What sentiment is expressed about faith after achieving success?

What financial goal does the company aspire to achieve in the future?

Which biblical reference emphasizes belief without sight?

What is the purpose of the 'Doing Business by the Good Book' classes?

WWT's Success Story

WWT, a company facing cash flow problems, landed a multimillion-dollar contract with the Air Force, which would have tripled the company's revenue from $17 million.
Investing thousands of hours and $150,000, WWT worked hard to win the contract, but a competitor secured the deal instead.
The General Services Administration (GSA) contacted WWT to offer a new start-up program contract related to technology expertise.
WWT secured the GSA program contract in 60 days and its annual sales increased from 17millionto17 million to 17millionto74 million.
This GSA contract, exceeding the one lost to the Air Force, distinguished WWT as an industry leader.
The GSA contract helped WWT expand into non-governmental areas and demonstrated accelerated business processes common to governmental contracts.

Faith in Action

The author believes that God is involved in WWT's success and credits divine intervention for their achievements.
They advocate for prayer as a tool for guidance during business activities, even during critical phone calls.
The author notes that faith is sometimes challenged during difficult times but can be regained.
Sometimes faith is seen as optional or a relic of the past.
The company's founder and wife, Thelma, organize Sunday School classes to promote faith-based business practices.
The author encourages the idea of using faith to achieve business goals.
The author and wife believe the company will one day be a $10 Billion company as well as reach a future billion-dollar objective.
Faith, not past success, is an important component of future success, according to the author.

Faith and Belief

Paul's words, "I can do all things through him who strengthens me," (Philippians 4:13) inspire the author.
The passage from John 20:29, about faith in Jesus, is quoted to encourage faith in achieving future goals.

Explore the remarkable journey of WWT as it navigated cash flow challenges and secured critical contracts with the Air Force and GSA. This quiz delves into how WWT's strategic investments and divine faith contributed to its transformation from a struggling company to an industry leader. Test your understanding of business strategy, determination, and the role of faith in success.