It takes time for a business to develop and become profitable. It is a mistake to jump quickly from one business to a different business prematurely. By Gary Shotton #000445
Click Here to download in audio (.mp3 format); right click on link and select “save as”
Click Here to download in video (.mp4 format); right click on link and select “save as”
By Gary Shotton
This text is in Extreme Rough draft and will be edited in the near future.
Hello my name is Gary Shotton, and I’m here as a part of inspiring better business. And on this lesson I’d like to talk about don’t become unhitched don’t unhitch, and I will refer to that in regards that my dad was a farmer and rancher and I was raised on weed farm and cattle ranch and we were so blessed, I mean I have no complaints about our upbringing. Yes, we worked, we worked when we were even young, young, young, enter 12 and 13 and 14 We were never abused and and when sometimes I observed though, not knowing the details that we didn’t always have a good crop we didn’t always have success. And at one point, the economy turned terribly bad it was. No irrigation in our farm and so it was dry and we needed water to raise the wheat and the wheat crop was a failure and the cattle price dropped to the bottom and this was pretty, pretty tough. And that had some loans at the bank and, and he had to maneuver through this to keep current with the bank and keep current with all the bills he had and, you know when you’re working for somebody else, you get a paycheck every Friday or every other week, well when you’re working for yourself you don’t have a paycheck. And so you have to be able to navigate, almost a full year of income that you don’t come on a monthly or weekly basis, you just get the harvest, or you just get the money when you sold the cattle. And so this is pretty challenging. And this was one of those times when dad gave us just a little extra and he says, you know, he watched some other farmers he didn’t criticize them, but he said Man, They got unhitched from farming and ranching in other words like horse would hitch to a buggy or to a to a wagon. They unhooked. When things were just about to turn around and he would, we would, you would, if the persons would have not only say just how long, but stay diligent, they would have turned around, and it would have been, been able to be quite successful in the next year or two, I’m facing that right now. Right now after this pandemic era. We had made about 15 months that were just not good. Our income was the lowest it’s ever been for several years, we were able to keep enough income and might not work for our core workers we didn’t have anybody laid off or our reduce their hours but we, we had to watch everything we’re doing because it was not good. But we had enough. God saw to us that we had enough. And in this time period, I’ve seen no, no fewer than seven other machine shops, we call throw in the towel. They, they, they, they sold they sold out and many most of them had to. It wasn’t that they didn’t want this, that they wanted to sell out, they close the door, and, and they were closing the door when other people were closing their doors, and so the value of their, their business was at its all time low. Well, I can see what’s happening. I have to just stay steady watch all my expenses and income, get all the income I can be careful about my expenses, don’t do anything foolish, but it’s gonna turn around and it’s already doing it. So in the next last in the last two months, we’re already, this being the first day of May of 2021, we have already, adding five new machinist we have 32 machinist and we need 37 machinist, we have 46 employees, and we need 51 would be our first goal, that would be adding machinist and we have just 13 or 14 overhead people, so we’re experiencing what I’m talking about is, I don’t quit. I don’t quit too early, I can see the long range benefit of hanging in there, because when we hang in there. And this turns around, we’re gonna make up all the money that we didn’t make in that 15 months, we’re going to be on top of the of the world in the sense of plenty of work we already have almost too much work now. We’re having trouble keeping up because it’s turned the corner, it’s, it’s, we’re over that. Here’s what I hear happening many times in developing nations. And this is so sad that someone starts her business and in literally two or three months, they decide, oh, this is not gonna, this is not producing the money I need folks, it takes longer than two or three months from when you start a business, it might take two or three years for it really to take cold, so you’re into this for a long range, this is not a short range endeavor, and I hear of people and I know this happens that people jump ship or become unhooked because they say oh well I’m not making money after three months or four months, and they said, Oh, I heard they’re making some money over here so I’m doing something else, I’ll stop what I’m doing, and I’ll go over and do something else in another completely different business and they’re in that business for three or four months so they say oh well that’s not working I hear somebody else is making good money doing something else, and they jump over and try that. And after a while they get very discouraged and they get very upset with God, they’re thinking God’s left them and they’re thinking that the business is not part of what they should do, they should change everything, and they abandon their calling all because they weren’t patient, patient enough to see through the long range. This process of gaining wealth and prosperity God’s word way is not a short season. We know this from planting certain things in gardens and certain things in and for fruits and vegetables, you know it’s talked about in the New Testament about planting a mustard. mustard seed, and that’s Mustard Seed I’ve never know that I’ve, I’ve seen a mustard seed, I’ve heard they never planted one, but you know it as I understand it, this is a very small seed, and over time it grows quite a large tree or bush, and it takes a long time until it’s actually producing. Think of any kind of nuts, like a concrete or something like that, that might take three or four years before it’s actually producing. Now there’s other plants that you could plant that are, are less time we’re planting tomatoes right now. We started about eight months ago with a seed and now we’re transplanting that into a plant and there’ll be another eight weeks and then we’ll actually have some fruit on there that we can start selling. Well, that’s the season for that plant but we can’t uproot that, because it didn’t produce fast enough. God wants you to have success, there’s no question in my mind. God wants, and if you learn the lessons of business doing business God the way you will have success. If you apply those lessons, and you’ll have apply those lessons with wisdom and seeking God’s direction and keep seeking, seeking the research and developing the natural we call that the natural, what new things are being developed what, what new things, or what kind of in my case, what kind of fertilizer should I use and when should I, how should I handle the plants, maybe you’re doing wedding cakes and so, hey, don’t do the same old wedding cake for everyone. Be creative, do something different, so people are saying wow that was the most amazing wedding cake both that tasted the best, and it was so cool. It was so beautiful. Look at those pictures, or if you’re doing hairstyle, it always hairstyles change. I mean some people want the same hairstyle so give them what they want, but if you do your research, you’re, you’re, you’re changing things or are everything’s changing all the time, we didn’t have cell phones 15 years ago, now everything’s on the phone we didn’t have a marketing Facebook now we can market Facebook so, things change in the technical world and things change in the way we handle things technically, but the business, the laws of business never, ever change quantities and systems will be a part of business forever, all of the lessons we’re teaching we believe are are something that could be applied to any country, any language, any culture, and any time period in history, in other words, the laws we’re talking about where the laws that have worked, were actually in place when Jesus was on this earth, and we point that out in our lessons and so there’ll be here. As long as our earth is like it is and, and we don’t have the end of time, these laws of business will be the same. So if you learn these laws of business and you don’t quit, you don’t jump, and you give a chance for them to grow up and produce, you will have success. Well, don’t unhook don’t unhitch from what God’s given you to do, and I believe that there is a time that you can change now. But my in my case, I believe it’s a time when things are going well you don’t abandon, because things went bad, you wait to a point that hey this is going quite well, I’ve got, I’ve finished my, my course and live with this business, possibly, probably, the my history was 17 years with the first business I own. I’m now approaching 14 and a half years with this business, and I’m not jumping around. I have other little things I’m doing, but my main business is what I’ve been doing for a number of years. Well I hope this helps. Thanks for being a part of Inspiring Better Business.
Subscribe To Our Newsletter
Interested in getting updates from IBBTalks.com on featured content and new videos? Fill out this short form and we will send you a short weekly email to keep you informed about resources that will help you in starting, growing, and excelling in business.
***We will never share or sale your information with any affiliate and will only use it for your expressed purpose of receiving information about IBBTalks.com***