007 – The Most Important Lessons About Money According to Scripture
It is often quoted by many Christians that money is the root of all evil.
Well, that is not true. Actually, it doesn’t say anywhere in the Bible that money is the root of all evil. The Bible says that the love of money is the root of all evil. The Bible also talks more about wealth than it does salvation. So if money is evil, why does the scripture talk about it so much?
In this episode, Rylee goes solo and shares the most important lessons to remember about money according to scripture, why working more than 30 hours a week as an entrepreneur is wrong, and how you can create money and value through God’s design for your life.
Episode 7 – The Most Important Lessons About Money According to Scripture
[00:00:00] Rylee: [00:00:00] And one of the scriptures that is often referenced a lot when we’re talking about money. And I know everybody has heard of it, it’s that money is the root of all evil. Right. And we know that that’s not the true scripture. The true scripture is the love of money is the root of actually it’s all kinds of evil, but it’s not about getting the money.
[00:00:15] [00:00:14] It’s about what I’m doing in the process who I’m becoming in the process. And so if you are exchanging your time for money, I’m going to challenge you on this. If you’re working a 40 hour week job, a 50 hour week, a 60 hour a week [00:00:30] job, and you are leaving what you tout as what you truly love, which would be maybe your family, your wife, your kiddos, whatever it is.
[00:00:39] You’re leaving that to go work a job. To make money. [00:00:45] I’m going to challenge you that you are loving money in that process.
[00:01:04] [00:01:00] join us April 26th and 27th. Frisco, Texas for a becoming the CEO of your life live event. This is a two day event that we host every single month in a [00:01:15] different city across the country. This one’s coming up in Frisco, Texas, again, April 26th and 27th. We’re going to be covering the five power pillars and how to maximize every single one, our mental, emotional, and physical, our spiritual in the financial [00:01:30] components.
[00:01:30] If we can operate in excellence in every single one of these areas, we know that we are going to be walking in the God-given calling that he has for us. We’re going to be able to discover, develop and deploy your God-given talents. And as you know, it starts with vision. [00:01:45] If we can enlarge our vision.
[00:01:47] You’ll be able to fulfill your mission. So join us April 26th and 27th Frisco, Texas. We’ll see you there. Oh, right. All right, everybody. Welcome back to another episode of the Kings council [00:02:00] podcast. And we’re going to change it up a little bit. This week. We’ve got a solo episode coming from yours, truly, primarily because it’s been a crazy week.
[00:02:08] We’ve been hosting the, become the CEO of your life event, which has been absolutely Epic. We’ve had upwards of a thousand people live on [00:02:15] this over the last couple of days. And one of the topics I dove into. This week, or kind of went on a little bit of a tangent on, had to do with money. And that’s what I’m going to dive into here.
[00:02:26] I’m going to continue my tangent and I might ruffle a few feathers when [00:02:30] it comes to this topic, but Hey, I really feel like this is God-given and this is something that we need to talk about here, especially right now with what’s going on just in the world today. Really why Steve and I have have aligned together and formed the King’s [00:02:45] counsel.
[00:02:45] Our coaching program is really to, we talk a lot about Maxine out that the five power pillars are mental or emotional or physical, our spiritual life. And then the last one is the financial. Component as well. And if any listeners are on here [00:03:00] and are thinking, well, you know, money’s just a, money’s not important to me, or it’s just not that big of a deal, or I’m just, I just want enough to get by.
[00:03:08] I’m going to challenge you on this podcast here. So listen up, dive into me, stick with me here. Stick with me over the [00:03:15] next, probably 20, 30 minutes or so we’re going to peel back the onion on this. And if there’s any questions after the fact, I’d love to have a conversation with you. So here we go, first off as entrepreneurs.
[00:03:25] And as you know, if you’ve listened to me at all, you know, that my view is that we are [00:03:30] all entrepreneurs, right? The root word of entrepreneur is, is that’s a French word. I’m not even going to try to pronounce it, but it means to undertake. Right. That’s all. It means. It doesn’t mean that you run a company or you are a CEO of a fortune 500 [00:03:45] company or anything along those lines.
[00:03:46] That mission means that you are an undertaker. If you are an entrepreneur, you are an undertaker. So therefore I view us all as entrepreneurs, right? Because we need it to be able to wake up and approach life. As undertakers, we’re going to undertake the task at hand, whether [00:04:00] you’re a stay at home, mom, you are a Mary Kay rep.
[00:04:03] You are a CEO of a fortune 500 company. You’re an it guy. You’re a student. You are still an entrepreneur. If we take a look at the root word of it. All right. So here’s the deal. A lot of us think of entrepreneurship as like you are in [00:04:15] business for yourself. So certainly let’s look at our lives as we are running our own business, right?
[00:04:20] You’re a businessman or you are the business. Man let’s look at it that way. And from a societal standpoint, oftentimes we put a value or we’re [00:04:30] able to measure our success, right? There’s a lot of versions of success out there, which by the way, my definition of success is to be able to do what you want when you want, how you want, where you want with who you want.
[00:04:42] Right? Like it’s just, basically your time [00:04:45] is more important than anything else out there. Time and relationships kept. Now, we’re going to talk about how money is important to be able to assist in that. Because money’s not everything, unless you don’t have enough of it. And then it quickly becomes our [00:05:00] everything, which is oftentimes in my belief that oftentimes the reason why we are constantly chasing it and it’s constantly fleeing us.
[00:05:08] Right. We’re going to dive into some more of that here as we, as we move along. But here we go, money is simply, if we look at like how it has come [00:05:15] about, like the dollar, the yen, the peso, whatever it is, what is your version of money? Money is simply a medium of exchange. Based upon the value that we put on it.
[00:05:25] That’s all, it is 2000 plus years ago. You can read all sorts of different [00:05:30] Bible verses on it, which by the way, another reason why I know and believe money is important is because it’s talked about over 2000 times in the Bible. Wealth possessions and money is talked about literally more in the Bible [00:05:45] than salvation.
[00:05:46] So I know if it matters to God, it better matter to us. So I know I’m gonna have some believers on here. That’s just going to ruffle their feathers a little bit, maybe a little awkward and having this conversation, but that’s cool. I want to make this awkward for us and I would encourage you reach [00:06:00] out.
[00:06:00] Ask some questions. If some of this doesn’t land, well, I’m happy to have a further conversation if we need any clarity on this, because everything that I’m going to talk about here, I know and believe it is backed by scripture. And if it’s not, then I will certainly fact [00:06:15] check all of that. But this is what I believe to be true when it comes to the word of God and how we have been misinformed.
[00:06:21] I would say somewhat, even disinfect formed, right? Like purposely been warped within our mind because the concept of [00:06:30] doubt or questioning God started in the book of Genesis. When Adam was asked within the garden, he was like, did God really say that? Like right then and there that put a question in our mind of questioning God and the promises that he has [00:06:45] for us.
[00:06:45]Right. So that’s been happening since the beginning of time virtually. So how much more, and one of the scriptures that is often referenced a lot when we’re talking about money and I know everybody has heard of it, it’s that money is the root of all evil. Right. And we know that that’s not the true scripture.
[00:06:58] The true scripture is the love of [00:07:00] money is the root of actually it’s all kind of lines of evil. And here here’s how I know money is not evil because if it was evil, wouldn’t all the Christians just have all of it. Wouldn’t say it. And just be like, yeah, here’s all the money. Take all the money because I know what that it’s evil. [00:07:15]
[00:07:15]Right. Think about this with you. Just walk through this with me here, guys. It’s the love of money and the only way that we continually love money, and I’m going to, this is going to rock some of you guys here, list it up. So many of us, especially as believers as [00:07:30] Christians are loving money in our poverty.
[00:07:35] Right. The problem is that we are loving money in our poverty, because if you think about it, what is it that you do with stuff that you love, think about your spouse or your [00:07:45] girlfriend or boyfriend, whoever it is, you love them. What do you want to do? You want to constantly pursue them, right? You want to spend time with them?
[00:07:54] You’re going to work to nurture that relationship. You’re constantly pursuing that. So the [00:08:00] love of that absolutely is the root of all kinds of evil. And if we’re going to talk about entrepreneurship, we’re going to talk about employment and I’m going to maybe just challenge your thought process here on how we view.
[00:08:14] What we’re putting [00:08:15] our time, energy and effort into to earn money, right. Versus spending time with our friends, our family, or the loved ones. Right. And here’s what I mean by that. If any of you are sitting on here and you’re listening to this and it’s like, you know what, money and religion just shouldn’t [00:08:30] exist together.
[00:08:30] Right. That’s completely false. That’d be there’s again, the reason why. It is mentioned so many times in the Bible. It’s because it is important. It’s not everything right. Money. Isn’t everything, unless you don’t have enough of it, then it quickly becomes your [00:08:45] everything. It’s not everything, but it’s right up there with oxygen.
[00:08:48] Our mentor, Keith Craft says that a lot. And when he used to travel, go on tour with Zig Ziglar, that was one of the things that he would say from stage. Like money’s not everything, but it’s pretty close to oxygen, right? Because it’s the value of exchange that we’re able to [00:09:00] use to do wonderful things with.
[00:09:02] It’s the stewardship that we, how we use money is what is the most important thing. We can dive into the parable of the talents, right. And the person that hid his talent and ended dug a [00:09:15] hole and, and saved it. Right. And then there’s the other one that he doubled it. And then the other one, five times did, right.
[00:09:22] It’s like, what’s the difference here? And it’s because it’s how we’re using the money and stewarding the money and nothing wrong with Dave Ramsey. He helps a lot of people, but I’m telling [00:09:30] you, if you are looking to be a kingdom minded entrepreneur, To further the kingdom and your goal is just to get out of debt.
[00:09:38] I’m telling you that’s not a kingdom mindset, right? First. Yeah, we do need to get out of debt and Dave may have some good concepts [00:09:45] to be able to help you get out of debt. But from there I’m telling you money is a tool that we need to use to further and advance the kingdom. Okay, so let let’s dive into this year, right?
[00:09:57] God does not hate money. He’s given it to us for a [00:10:00] reason. The problem is, as I mentioned, people are loving money in their poverty, right? And if you are in employee E of somebody and you’re telling me, uh, or you just have this thought process, this mindset, or you grew up in this way, that thinking that [00:10:15] people with money are greedy.
[00:10:17] Right or, you know, you’re always just chasing more money or, you know, building this next business and believe me, I’ve had these people in my life, right. I’ve started multiple different companies. And I do love that thrill of the hunt of starting these different companies and that dopamine [00:10:30] release. I love that.
[00:10:31] I like that. That’s just so fun to me. Right. But it’s not about getting the money. It’s about what I’m doing in the process who am becoming in the process. And so if you are exchanging your time for money, I’m going to challenge you [00:10:45] on this. If, if you’re working a 40 hour week job, a 50 hour week, a 60 hour a week job, and you are leaving what you tout as what you truly love, which would be maybe your family, your wife, your kiddos, whatever it is, [00:11:00] you’re leaving that to go work a job, to make money.
[00:11:05] I’m going to challenge you that you are loving money in that process, right? Because somebody’s putting a value on that time, energy and effort. And you are [00:11:15] leaving the things that you, so so-called love, you put a value on that high enough that you’re going to leave them for that period of time to make money.
[00:11:24] Okay. Now I’m going to unpack this for you guys a little bit, and partly, I want to, I want to first off talk about. The Christian [00:11:30] economy, right? The biblical economy, which is something really, which is that the desire, my heart here, the passion that I have for this and why I think that we so need to come together and lock arms and be able to just [00:11:45] build this new economy that is just not existent.
[00:11:49] And what I mean by that is our economy. If you look at the, you know, you can just turn on the news and it’s like, well, is it a good economy is about economy, right? Like, Ooh, what does it matter? [00:12:00] That the economy, because we all have our own economies, right? It needs to start in our home. And if you’re worried that I would say, I guess if I’m an employee E.
[00:12:10] I would be worried about the economy, right. Because I’m allowing somebody else to put [00:12:15] that pressure on me. If it’s a good economy, like if I’m going to get fired and it’s a bad economy, first off, if you get fired, you got a bad economy, right. Because you already economy starts at home. Okay. So. If we can remove ourselves from just this concept of the news of telling [00:12:30] us all we’re going into a recession, or it’s a good economy, it’s a bad economy.
[00:12:32] And just start to create our own economy by having this entrepreneurship mindset, right? This undertake mindset, especially as kingdom entrepreneurs. I know not everybody that listens to this as a Christian or [00:12:45] a believer, but I’m going to talk about this specifically here that so many other religions.
[00:12:50] Have great economies, right? The Muslim religion. They can literally infiltrate a country, an area of people. [00:13:00] If they can come into a community with 3% of the population and can completely overtake that community. And here’s how they do it entrepreneurship, right? They are so committed to each other that the Muslim community will actually for [00:13:15] every $1 that is spent within the Muslim community.
[00:13:18] It exchanges hands within that community, 14 to 16 times, 14 to 16 times before it ever leaves the Muslim community, the Jewish community is between 10 to 12 times. [00:13:30] It’s exchanging hands within that community. Between 10 to 12 times the Christian community, the Christian economy, zero to one time, zero to one time.
[00:13:42] There’s zero commitment. [00:13:45] To Christians with how they view money. Right. And this is part of the problem. We see something that’s on sale. It’s like, Oh, well we’ll just go there. I don’t care if they’re a believer or not. And so there, there’s no loyalty to supporting other Christian believers. And this is part of my passion [00:14:00] within the kinks council and the community that we’re building.
[00:14:01] It’s like, we’re going to be supporting each other on this movement to be able to. Not just like support each other, but to know that every dollar that we’re sowing into each other is going to be reaped, right. I’m such a [00:14:15] believer in the law of sowing and reaping, which is an absolute law. What you sow you will reap.
[00:14:21] Okay. Now the problem is that part of the Christian economy community is that we’ve become so reliant on other people to [00:14:30] provide us a job. Right. And this goes back to, uh, you know, a century ago, more than a century ago. If you look at really just how this is, I’m going to go deep here with you guys here.
[00:14:42] If you look at the industrial revolution, which happened. [00:14:45] You know, the late 18 hundreds leading into the early 19 hundreds over a hundred years ago now 150 years ago when this really started, right? Because they needed employees. They needed people that these factories were being built. They needed people to show up, punch [00:15:00] a clock and, and go to work for a set period of time.
[00:15:04] And then that would be their first shift. And then they started to do second shifts and third shifts. Right? So they’re getting people to comply to come in. They’re able to put a value or a dollar amount on their time. [00:15:15] Based upon what they’re providing for them during that time. Right? If you look at the traditional school system today and how that’s evolved, really since the early 19 hundreds, this is what we’re going to peel back on.
[00:15:28] If we look at this and how it’s evolved, [00:15:30] we are teaching, we are in my belief is we are really indoctrinating. Kids how to become employees. Okay. First off, I want to be clear that there’s nothing wrong. If you are an employee, you are providing a service for a certain [00:15:45] amount of time. You’re getting paid based upon that value that somebody else has placed on you or that you’re allowing somebody else to place on you.
[00:15:51] Okay. Nothing wrong with that. However, I’m going to, I’m going to encourage you that that is not necessarily a biblical philosophy. Okay. [00:16:00] If we dive into the Bible in, in what, what the Bible says, we’re really, if we look at just employment or entrepreneurship within the Bible, we go back into it. You can look that there were masters.
[00:16:12] There were servants, there were [00:16:15] laborers. And then there were certainly slaves. Right. So masters servants, laborers in slaves during this time. And, you know, masters are like the guys with all the money, right? Like the, you know, think of them as, uh, they control everything. Like you are a master masters have slaves [00:16:30] because slaves are in debt to the masters.
[00:16:32] Therefore they are slaves. Right. And then we have this concept of servants. Right. Which today would be what we would consider employees. They’re not slaves, but they had a certain [00:16:45] time that they had to show up and go to work. They had to work for a specific period of time. They’re going to be paid a certain amount, your eight to 10 hour shift.
[00:16:53] Right. And then they, then they will, could, um, you know, go on with the rest of their day. Right. So they’re serving the master and [00:17:00] it’s funny, the book of Matthew says that you can not serve. Both God and money. Okay. So if we can not serve both God and money, what, what are we doing here? Right. If we are servants, we’re working for a certain period of time to make [00:17:15] money.
[00:17:15] And this is quite interesting is that if you, as a servant, a thousand, 2000 years ago, as a servant, if you worked long enough, you saved up enough money. You could actually buy your freedom and no [00:17:30] longer be a servant. Right. Or are there even versions of, of getting like the, the Mark of the master, like a piercing of the master in which you would actually be marked by them, which is really today our version of tenured, [00:17:45] right?
[00:17:45] When you’ve worked for a company long enough, you’ve served that master long enough. Now you’re tenured based upon their employment program. Right? So we have masters, we have servants, we have slaves, and then there’s certainly there’s labor ERs, right. Which should be independent [00:18:00] contractors. Which, uh, you know, how we view it today, or I would view as an entrepreneurship, right.
[00:18:04] And how they’re paid. It’s a predetermined amount that they’re going to be paid for either the time that they’re putting in. Right. It’s a predetermined amount. I think of like a, a landscaping [00:18:15] company we’ll use that or a project that you’re having done a contractors of some sort they’re gonna be paid a flat rate or a set amount rate based upon a predetermined rate or whatever it was going to take to fulfill that job.
[00:18:29] Right. [00:18:30] So if, if we’re looking at as masters, labors, servants and slaves in, in, in the Bible clearly says that we cannot serve God and money. How does that work? As far as becoming an employee E [00:18:45] versus a labor earth, we all have to make money. We have to earn money, but this is where my challenge lies. If you are saying that you do not love money, But you are leaving your family, the people that you love, and you [00:19:00] are going to a set amount, a set job, a set timeframe working in eight hour shift, 10 hour shift, 40 hours, 50 hours a week job, you are leaving the ones that you so-called love to go serve to make money.
[00:19:15] [00:19:15] Yet. This is where it gets twisted. This is where I think so many Christians have this mentality that, or we are reliant on somebody to provide us money. For a set amount of time that we’ve given them. And let me be clear here. The, the most valuable [00:19:30] thing that any of us have is time. It isn’t money, it’s time and the amount of time that we can spend fulfilling our God given mission.
[00:19:41] Right? So I’m gonna, I’m gonna dial [00:19:45] this back into how this has evolved over the last a hundred, 150 years. We needed employees, right? To fulfill these jobs, these roles that were needed to go work in the manufacturing, the industrial revolution, the manufacturing plants, right. [00:20:00] Henry Ford created the assembly line.
[00:20:01] We needed employees versus actual labor ERs, right. Which a laborer, which would be like, you’re going to get paid X amount of dollars to build that car. Right. We’ll use that assembly line. Instead. We’re going to get a hundred [00:20:15] people that are going to get paid an hourly rate. They’re going to be fulfilling each role within the assembly line.
[00:20:19] And they’re going to leave. And they all had a role within that versus just saying, you’re going to get paid X amount of dollars to fulfill this PR this order that we need to fulfill. Okay. So they needed to [00:20:30] create the need to teach children if the, cause if they’re going to do this right, they’re going to start this out.
[00:20:34] The Gates, right. Let’s teach children to go to school. Let’s have them work for hour, hour and a half. Let’s give a, a recess break. Okay. Let’s let them come back in. When the [00:20:45] bell rings, we’ve got to sit down at our desk. The bell rings again. It’s time to get back to work. The bell rings again. We’ve got lunchbreak bell rings again.
[00:20:54] We sit down, we work. We’ve got the afternoon break. Are you guys following me? Here we are. We are [00:21:00] creating employees. We are teaching them out the Gates children, how to become employee ease versus thinking. Critically thinking creatively on our own. There’s a textbook in 1929, a textbook where [00:21:15] it was prior to this, it was like, you go to school until the seventh grade and then you start your business, right?
[00:21:22] You go to school, you learn the common curriculum that we all need to learn to read, write, do math. Let’s learn about history, but then it’s like, you start your business [00:21:30] and you go provide value in the marketplace. Right, but that all change when the industrial revolution needed to create employees. And now this new concept of teaching children, how to memorize and how to do, do [00:21:45] project based concepts here.
[00:21:47] Okay. If fast forward with me now through, through the twenties, thirties, forties, fifties, sixties. When the Lego company is a prime example, when Legos very first came out, it was kind of like just like Lincoln logs, [00:22:00] right? It was like, you just get upset of them. You get a box of them and you’re supposed to build something, build your town, build your village, build whatever it was that you were going to build.
[00:22:08] Right. But if you remember now, this has been happening for multiple decades into the second generation that the [00:22:15] late 1980s, the Lego company is almost on the verge of bankruptcy. They’re on the verge of bank, because it’s the second generation of creating employees where we’ve taught kids how to not think creatively.
[00:22:30] [00:22:30] And so if it’s there, if you look this up, the very first Lego set that was created was the pirate ship. Right. We had to, they had to start creating sets where if you, if, and I’ve done many of these with my daughter here, where we flip it open, it’s a, you know, step [00:22:45] one. Put together the base step two, add this step three.
[00:22:48] And there’s a B step four, a B step five AB we’re teaching kids how to follow directions in how to work a set period of [00:23:00] time to accomplish whatever it is that th that they’re looking to accomplish. The Lego started this, and that’s when legal really started to blow up right verge of bankruptcy. They changed their model to creating Lego kits.
[00:23:11] Lego sets. Versus just letting [00:23:15] kids think creatively, like they used to prior to this. Okay. So we’re doing this. We’re teaching kids throughout the years here on how to become employees, which again, nothing wrong with it. [00:23:30] However, I think now more than ever, we need to be able to teach kids. We need to raise up the next generation of leaders on how to think for themselves, how to think creatively, how to think outside the box, versus [00:23:45] just being told what to do when they can do it, how they can do it, where they can do it.
[00:23:51] You guys following me on this. Okay. As Christians as believers, we need to be [00:24:00] the financial leaders. This is where I, I just so often when Steve talks a lot about the khaki in Christian and just like the non attractive Christian, right? Nobody wants it. If we’re, if our job is to further the kingdom, which by the way, our [00:24:15] great assignment within our alignments are a great assignment is, is birthed.
[00:24:19] Right. Which is to go forth and multiply. And take dominion over the earth, right? We are called to multiply and take dominion in all fashions, not just like [00:24:30] produce and have children. Right. But we need, we need to multiply. We need to put this, this concept of entrepreneurship into play. Okay. Now, if you look to at just how.
[00:24:42] How the educational system. This [00:24:45] is a super interesting statistics that I looked up here, the educational system, you know, it rewards kids with best memorization skills. It rewards kids that listen the best versus those that are maybe, you know, act out of line or [00:25:00] don’t want to follow the directions. And it’s funny, Vanderbilt university actually did this study.
[00:25:05] And they followed basically like the, the valedictorians and, you know, the, the highest GPA students over a 10 year period. And they wanted to track them on where they were [00:25:15] at. And it was interesting. They found that typically the kids or the students with the highest grade point average over time that the kids have the highest grade point average.
[00:25:25] Went out of school and they became employees, right. They’re very good at what they were [00:25:30] taught to do, which is memorize and learn to follow a process. So typically the ACE students ended up working for the B students and the B students usually worked for the C students and a ma you know, in a management role, the C [00:25:45] students were the ones that were like running the company.
[00:25:47] And the D students were the ones that actually owned the business. Right. Actually, if you had a GPA of less than 2.5, 2.5 or less throughout school, statistically, you have a much [00:26:00] higher percentage of becoming a millionaire with a lower GPA than those that have had higher GPA’s. And here’s the reason why those with lower GPA’s first off, they weren’t rewarded for following directions, following the lines, but [00:26:15] also.
[00:26:15] They got to think creatively, right? It’s like I remember in high school now I was, I had a decent enough GPA through high school and in college primarily because I knew what I wanted. I knew what I was, my goal was what I wanted to accomplish. [00:26:30] Therefore I was going to do that, but it didn’t mean that I didn’t find somebody else to do my Spanish homework in high school.
[00:26:38] Sorry, Ms. Jensen, if you’re finding this out right now, but I was able to think creatively to get, to get the task done, which [00:26:45] I think is a lot of what entrepreneurs do is we got to think out the box. So for those parents listening, who have kids that are struggling, don’t think the way that they’re supposed to think, or are I act out of line, do not be discouraged.
[00:26:59] Right. [00:27:00] Those are typically the ones that are starting companies, starting businesses. They’re figuring out how to get people to work for them in creating a service or providing products that are providing tremendous value within the world today. So, interesting [00:27:15] little statistic on, on those with a lower GPA’s versus those with, with higher GPA.
[00:27:20] But. Anyways, what do we get back to? I want to get back to just talking about money and just this concept of maybe just like this poverty mindset or this thought [00:27:30] process that if you make money. You are greedy, right? Or if you make money, you must not be a Christian. Right? Cause most, most people think, think along these lines of if you know most Christians and if you look at them, a lot of [00:27:45] Christians go drive through most church parking lots.
[00:27:48] There’s like some broke jalopy car sitting in the parking lot. It’s just like, why would anybody want. To have that lifestyle. And I know that that’s not the life that, that God called us. We are called [00:28:00] to more than enough. We’re called the excellence, right? We’re not called to be broke, broken, and defeated.
[00:28:07] And this is, this is the, the thought process. This is the mindset that I think that has just warped us as believers [00:28:15] over the, over the last few decades, 40 50, 60, 70, 80 plus years is this thought process that if you have money, you are a bad person. It’s it’s completely false. Kay. Cause first off it takes money to [00:28:30] make some change, to make some difference in this world.
[00:28:32] Now, if you say, well, I just said, I want to be a missionary. Awesome. How are you going to do that? You’re going to go around and beg people for money. You’re going to go ask people for donations. Now if, if you’re [00:28:45] doing that for people, you know, what I, what I know is as I’m learning of, of prophet priest Kings within the Bible, like there are Kings that are called, and I know that I am one of them.
[00:28:52] I’m called to be able to earn great amounts of money and income in this world. But it’s, it’s how we [00:29:00] steward it. That is the most important. And wouldn’t it be? Wouldn’t it be more attractive if, especially if you’re a missionary, if you desire to be a missionary right now, if you were able to think of a business or an idea or a concept that you never had to ask somebody else for money, but that you P you had [00:29:15] something on autopilot, pilot that was producing income and revenue for you.
[00:29:18] So you could go fulfill your mission, right? The vision for your life. The number one. Killer I’ll call it of vision [00:29:30] is lack of pro vision, right? The number one defeater of vision, right. We can have, Oh, I want to, uh, help these kids in Africa. I wanna, uh, build this [00:29:45] foundation. I want to do this. I want to do that.
[00:29:48] Awesome. But you gotta have money to be able to do any of that stuff. Right. If, if there is no, Pro-Vision, it’s going to be quite difficult to fulfill your vision. [00:30:00] Kay. So I want to get back to this, like this, this understanding that we, it takes money to make things happen. Now some people think, well, it takes money to make money.
[00:30:11] I’m going to, that’s not true at all. Very, very first business I ever [00:30:15] started at 673 bucks in my bank account. Right. So that’s not true. I’ll I’ll. And I’ll get into that here in a second here, but if you have an idea, concept about bringing something to the marketplace, that there’s a, the ability to create a business [00:30:30] that’s entrepreneurship at the core.
[00:30:32] It’s an understanding of, of bringing, you know, it could be the same product, same services somebody else has, but bringing it in a unique way to the marketplace. You’re an entrepreneur. You can start to create revenue streams with that right there. Okay. And [00:30:45] that’s what we teach people throughout our King’s counsel coaching program.
[00:30:48] So if you are an employee, again, nothing wrong with that, but I would challenge you to start to think of how you can get out of that employment. Now you may love what you do, but at the end of the day, [00:31:00] the economy tanks, you don’t have a job, Rob, what are you going to do? Right. Cause a lot of people think being an entrepreneur or going into business for yourself is risky.
[00:31:10] Right? It’s out, that’s too risky. Right. The riskiest thing for me, it [00:31:15] would ever, that I ever thought it would was having a job that somebody else told me when I had to be there. You know, if the economy tanked, if something happened and I was laid off now, what. Hopefully I have savings. Hopefully they have money set aside.
[00:31:29] That’s going to provide [00:31:30] me for this time versus actually using money to produce more money, to produce more money. Do you get what I’m saying here? Like this is that concept of the talent parable. Like we’re supposed to use money as a tool that we’re able to put to use to create more and more and [00:31:45] more.
[00:31:45] Right. What we so are going to reap here.
[00:32:00] [00:32:00] So if we get into money in, and just back to this concept where people think it’s not important yet, you’re still leaving the important things to go get it. But by the way, the only people that I ever hear say that, that money’s not important are the ones that don’t [00:32:15] have it. Right. I mean, it all reality that that’s the case.
[00:32:18] Yeah. I never, I never heard of a, a person with a lot of money that said that money isn’t important. Right. And, and really all that is, is a justification of why somebody doesn’t have it. Okay. And there’s nothing wrong with that. [00:32:30] But if you, if you have the ability to create it, you better go do it. Right.
[00:32:35] Why would we have one life on this earth? We need to be maximizing it to truly make that impact in that change. Within this [00:32:45] world within the society that we’re living in right now, especially if you have kids, right? And, and just on that note at loan, if you’re telling me that money is important, when your kids need shoes, tell me that money’s not important, right?
[00:32:57] When your kiddos need lunch money, [00:33:00] tell me that money’s not important. How about this? I have a daughter she’s nine years old right now, but I know there’s going to be a point in time where, where she’s going to look to get
[00:33:10] Rylee: [00:33:10] Right. And I. Fully would believe that that man would come to me [00:33:15] and ask for my blessing on their marriage.
[00:33:20] And what’s one of the first things that as a father fathers, listening here, even mothers, what’s one of the first thing that pops into your head. When somebody asks you for your daughter’s hand [00:33:30] immediately, it’s like, well, how are you going to take care of her? Right. So how are you going to tell me money’s not important if that’s some of the first thought processes going through our head, right.
[00:33:40] It is important. However, [00:33:45] that being said, I truly believe that God would rather have you broke in his word in with your family than chasing money. Okay. Now follow me on this. If you’re working 40, 50, 60 hours a week, which I believe [00:34:00] is chasing money. Right with no additional like necessarily upside, except you, hopefully, maybe that you’re going to be promoted, right?
[00:34:08] Hopefully your master will promote you to a higher servant level and you’ll get that tenure. Or you’re going to save enough to actually get [00:34:15] into retirement, which by the way is you can not save your wealth, your money to retirement. That’s it’s not anybody that I’ve known in my life has never retired and then been okay.
[00:34:27] For years to come, you need to put [00:34:30] money to use, to be able to produce more money. And if you’re just, if you’re saving yourself to hopefully eventually retire, if you have cash right now in your pocket, you are in debt. Let me say that again. If you have cash money, if you’re like, well, I’m not, I [00:34:45] don’t put it in the banks.
[00:34:45] I don’t put it on interest or anything. I just, I just saved my cash. I’m telling you, you are in debt right now based upon inflation, especially now. 2020. Do you know how many trillions of dollars that they’re just printing on demand? It’s a made up concept [00:35:00] of this value of that. We, this paper that we have, that we put this value on.
[00:35:04] So if you’re sitting on cash right now, I’m telling you, you are in debt, right? There’s other versions or assets or things that we can use with this money to be able to put into play, to use it [00:35:15] for us versus using it against us. Okay. And if you have that concept of like, Oh, well, God’s just going to take care of me.
[00:35:24] Right. I’m not, I’m not worried about that. God’s, God’s going to take care of me. I trust that you sit around [00:35:30] and watch TV or are spending foolishly and you just believe God’s going to take care of you. I’m telling you that ain’t how it works. God’s already given us the ability to take care of ourselves.
[00:35:40] It’s how we steward it. Right? Look at the skill set of some of the [00:35:45] greats in the Bible and how they, they applied themselves into worked hard. Right. Even says, God created the birds of the air. Right. But the birds didn’t just fly around. And then all of a sudden, uh, food just showed up in their belly, [00:36:00] right?
[00:36:00] No, they have to go get it. They had to go find they had a haunted to get their own food where we’re no different. Right. We gotta be able to go get it. Okay. So if you are an entrepreneur, some of you may be entrepreneurs. You may be, have your own business. And [00:36:15] this has may rock your world a little bit to cause this Rock-a-bye world, this concept here.
[00:36:19] Because I was always the guy that was grinding, hustling, working, working my tail off because I liked it. I actually enjoyed it. Right. But then other things came into play. Like my wife, my daughter [00:36:30] knew new big rocks in my life that, that were more important yet. I found myself still working constantly, you know, looking to, to chase that dollar.
[00:36:39] Right. And I was working long hours and then I thought back and I looked at like, what, what am I actually doing? The [00:36:45] point is I didn’t, I didn’t start a business to create a job. And so many of us as business owners, this, this idea that we’re going to become a business owner or an entrepreneur yet we’re not actually, you know, running our business, our businesses running us.
[00:36:58] So if you’re an entrepreneur, you’re a business [00:37:00] owner and you are working more than 30, 35 hours a week. I’m here to challenge you that you’re doing it wrong. Right. You’re doing it wrong. If the point of it is entrepreneurship is to be able to leverage your time and our energy and our efforts so that we can do [00:37:15] the things that matter most to us, which should be in alignment with relationship.
[00:37:20] Right now, some of us are in a season right now where it’s like it’s planting season. Like spring time farmers are in the field. They’re planting seeds, right? There’s seasons for that, [00:37:30] because if they don’t plant in the spring time, there ain’t going to be any harvest. Okay. So I w I want to preface that, that there, there are time, there are seasons in everybody’s life where we’re planting seeds, but the most important part is where we are planting those seeds.
[00:37:44] How do we get the [00:37:45] most yield come harvest time? Right? So that’s the thought process? That’s the concept or understanding of, of true entrepreneurship is how are we able to get the most yield for our time, energy and effort. That’s going to allow us to fulfill the God-given [00:38:00] mission that we have for our lives.
[00:38:02] So back to this concept of people that, that are saying, money’s not important. I know I’ve hit this as hard, and it’s partly because I hear this so much just from people that I’m around. And again, it’s always those that, that don’t have it, [00:38:15] that, that make this justification in their head. And it’s easy to have a conversation with them because I would actually just challenge anybody here to do an experiment.
[00:38:22] Anybody that hasn’t listened to this podcast or this concept here. And ask them [00:38:30] if they’re believers, I want to let’s, let’s preface it with this. They don’t have to be believers, but if they’re believers, it’s usually the Christians that have this concept or this idea that, that money’s not important to me and ask them if they were to get, let’s say a 10% raise at their [00:38:45] job right now, if they were to get a 10% raise, what would they do with that money?
[00:38:51] Most they’re going to talk about like, Oh, well, I’d go, you know what, man, I’d go, I’d go buy a TV. I’d go on a trip, but I’d get a new car, whatever that is. Right. It’s [00:39:00] it’s whatever they’re going to get, you know, me, me, me, I, whatever they’re they’re going to get. Right. Yeah. Yeah. Money’s not important to them.
[00:39:07] Right. And if you ask them another question of like, let’s just say, um, you have a grandfather and uncle or somebody that passes away, right. A rich uncle that [00:39:15] finally kicks the bucket. Right. He ends up leaving a, you an inheritance, a bunch of money comes in your way. What are you going to do with it? Right.
[00:39:22] And then they get all of a sudden they get, they get super generous. It’s like, Oh, well I would do this in Africa. Just set up a homeless shelter. I would do this. It’s like, [00:39:30] Oh, so you could only be generous when you have money. Right. Isn’t that like the greediest concept? And this is the warped mentality that I think so many Christians have is money’s not important, but when it comes to, when they’ve got a bunch of it, then they want to be generous.
[00:39:45] [00:39:45] Right. And this concept of like, even tiving, we’ll do a whole nother episode on that, but just like, people want to talk about money not being important yet they get a raise and they want to buy [00:40:00] something for themselves. But if they just get it. You know, uh, an inheritance, they’re going to talk about how they’re going to give and what they’re going to do.
[00:40:09] And it’s great to think that way, but I’m telling you money only makes you more of [00:40:15] who you already are. And I am a prime example of that, right? When I first, a decade ago, when I first started to make the seven figure income, it really truly exposed who I was and I was not a good dude. [00:40:30] Right. I wasn’t, I was not stewarding my money.
[00:40:32] I bought so many silly things. I was, it was, it was just like this, this time in my life where I just, I didn’t, it didn’t matter to me. Right. So I’m telling you if, if your core values aren’t in [00:40:45] line, if you don’t have a true foundation of where you are right here right now. And you expect to go make a lot of money and then you’re going to be generous telling you that’s not how it works.
[00:40:58] You got to have that concept, that, that [00:41:00] philosophy, that core value that generosity within your heart right now. And that’s what God’s going to bless entrepreneurship is for everyone, right? It really, truly is the great equalizer. Anybody can be an entrepreneur. It [00:41:15] doesn’t matter how old you are, how young you are, what race you are.
[00:41:20] What religion you are, entrepreneurship is truly the great equalizer, right? It’s really your only hope to actually get out of debt and then [00:41:30] turn it into an income producer. Right? Entrepreneurship is everywhere. You can do it in prison, right? It’s it’s online. Third world countries. There’s still entrepreneurship, right?
[00:41:42] It’s creating a value and bringing it to the [00:41:45] marketplace. So a lot of us are thinking, okay, well, if it’s for everyone, like what do I do? What w how do I make this work? I don’t have any ideas. Or maybe you do have ideas, right? This is always a fun process. It’s just like, start to think about, like, what is it that you, like, what [00:42:00] do you want to do?
[00:42:01] Right. And typically, usually it’s like, well, that’s a bad idea, right? Because entrepreneurship isn’t necessarily what you, what you like, or what you desire. You gotta be open to understanding, like, what does the marketplace desire? And if you’re like, well, I [00:42:15] really like vineyards. I’d like, I like wine. Maybe I’ll start a vineyard.
[00:42:18] Right. And then let’s say you got $5 million ready to buy a bunch of land and make that happen. It’s probably going to be quite difficult. Right. So think about this in a way, which you can have a starter business, you can create a [00:42:30] business. With little to nothing out of pocket expense, set up your, your LLC with whatever state that you’re in for 150 bucks, maybe 200 bucks at the most.
[00:42:41] And you could be in business. You can go get a business bank [00:42:45] account. You can set that up and you can start to build your business. Right? Don’t think that you have to just start, Oh, I have this huge vision. You can have a starter business and then. Use that as a stepping stone, believe me in my first companies that I [00:43:00] started, one of the first ones I started was like selling insulation in homes.
[00:43:04] Like imagine that installation in homes. Right. Do you think I know anything about it or that’s like, my real passion is just to, Oh man. I’m just really passionate about insulating homes. No. My [00:43:15] passion was to, that was the vision that I had for my life. Right? If I was able to provide a product or a service that provided value to people, I knew that I could monetarily make a return on that.
[00:43:28] And then I couldn’t use that money to invest [00:43:30] into another opportunity into another opportunity. And ultimately that brought me to where I am today. One of the things that I want to make reference to as well is that, you know, there’s, there’s. There’s plenty of money to go around. Cause I feel like so many people think that [00:43:45] them.
[00:43:46] Making money. And I think this is just a concept that has been kind of ingrained into us. That us making money is a form of greed or a form of, you know, taking it away from someone. And I’m telling you that’s not true. I mean, look at the fed here in the U S like, again, they’re just [00:44:00] printing it. Right? You making it as not taking it away from anybody else.
[00:44:04] Right. There’s plenty of money to go around. You not letting yourself make it. Doesn’t save more for other people. Just as you making it, doesn’t take it away from them. We [00:44:15] have the ability to create wealth, to create abundance. And if we’re truly gonna make an everlasting impact, right. A generational impact, I believe is threefold.
[00:44:26] Certainly there’s the monetary portion of it. Right. It’s [00:44:30] helpful to have money, to put things in motion, to pay people, to do tasks, to do jobs. To build infrastructure. Money’s important, your intellect, how you think these concepts, the wisdom that you’re able to [00:44:45] pass on. It’s important. But I think the most important one is our character.
[00:44:50] A true legacy that will last from generation to generation to generation is threefold. There’s certainly the money. There’s our intellect, but what’s most important is [00:45:00] the character, the traits that we are teaching our children, which ultimately are teaching our children’s children. That’s the true legacy.
[00:45:09] That we’re leaving and that’s how we needed to approach life and becoming the CEOs of our [00:45:15] own life and approaching life as an entrepreneur, an undertaker.
[00:45:24] Thanks for tuning in to this week’s episode of the Kings council podcast. For more information on the [00:45:30] Kings council and becoming the CEO of your own life. Visit Kings council coaching.com today. You can also follow us on Instagram at Kings counsel coaching. We’ll see you next time. [00:45:45]
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