Investogist
No Result
View All Result
Saturday, October 4, 2025
  • News
    • All
    • Africa
    • Nigeria
    • World
    US$32.8 million data privacy sanction: Meta seeks out-of-court settlement with Nigerian Regulator

    US$32.8 million data privacy sanction: Meta seeks out-of-court settlement with Nigerian Regulator

    JUST IN: All women banned from universities in Afghanistan

    FULL LIST: Flagyl, Artemether-Lumefantrine among over 100 drugs banned by NAFDAC

    FULL TEXT: Tinubu’s address to Nigerians on #EndBadGovernance protest

    Full text of President Bola Tinubu’s 65th Independence Day speech

    Buhari finally inaugurates Dangote refinery, facts about the refinery

    JUST IN: Dangote Refinery resumes petrol sales in naira after FG’s intervention

    U.S. Reinstates Five-Year Visas for Ghanaians Following Deportation Deal

    U.S. Reinstates Five-Year Visas for Ghanaians Following Deportation Deal

    Dangote refinery to export first fuel cargoes

    PENGASSAN directs members to stop gas, crude supply to Dangote Refinery

    NNPC says no plan to increase petrol price in March

    IPMAN announces petrol price hike as Dangote Refinery suspends petrol sale in Naira

    NASCON Allied Industries Plc. Announces Closed Period for Q3 2025

    NASCON Allied Industries Plc. Announces Closed Period for Q3 2025

    Ebuka Obi Commissions Southeast First Free Psychiatric Hospital in Anambra

    Ebuka Obi Commissions Southeast First Free Psychiatric Hospital in Anambra

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    AIICO Board of Directors approve Dividend Payment and  2021 Financial Statements

    FCCPC approves sale of Chivita|Hollandia (CHI Limited) to UAC of Nigeria Plc

    Ellah Lakes Plc announces EGM to approve N250 billion capital raise, debt to equity conversion

    Ellah Lakes to acquire ARPN Nigeria Limited in Landmark Agro-Industrial deal

    Wema Bank Plc surpasses recapitalisation target

    Wema Bank Plc lists additional 14.14 billion ordinary shares

    Existing Unity Bank Shareholder Acquires AMCON’s 34% Stake

    Unity Bank Shareholders Approve Merger with Providus Bank

    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    Lafarge Africa Plc Schedules Board Meeting for Q3 2025, Begins Closed Period October 1

    Lafarge Africa Plc Schedules Board Meeting for Q3 2025, Begins Closed Period October 1

    Marketers are not buying our petrol, we have 500 million liters in our tank – Dangote

    FG Summons PENGASSAN, Dangote Refinery for Emergency Talks to Avert Nationwide Strike

    Ecobank reports N35.883 billion Profit for 2020 Financial Year, 63.92% lower than 2019 figures

    Ecobank completes sale of its stake in Ecobank Mozambique to FDH Bank Plc

    Existing Unity Bank Shareholder Acquires AMCON’s 34% Stake

    Existing Unity Bank Shareholder Acquires AMCON’s 34% Stake

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    FY 2020: FCMB Group Plc gross earnings, profit, assets see double-digit growth rates

    FCMB Group Lists 3.16bn Ordinary Shares on NGX Following Loan-to-Equity Conversion

    Bitcoin might be getting ready for $75,000

    MicroStrategy Buys 850 Bitcoin for $99.7 Million

    Falana sues Meta, demands $5m over invasion of privacy

    Meta Unveils Next-Gen Smart Glasses with Built-In AI and AR

    Dangote Refinery Marks Historic First Petrol Export to U.S., Boosting Nigeria’s Energy Profile

    Dangote Refinery Marks Historic First Petrol Export to U.S., Boosting Nigeria’s Energy Profile

    Elon Musk’s Tesla Share Price dropped nearly 16% in a “very intense 7 days”

    Elon Musk buys US$1 Billion worth of Tesla Inc. shares

    Beta Glass Plc Shareholders to be presented with a N1.04 dividend for 2020

    STANBIC IBTC ETF 30 announces ₦3.144 interim Dividend

    CAP Plc Shareholders approve N2.10kobo dividend per ordinary share for 2020 financial year

    SIAML Pension ETF 40 announces ₦12.44 interim Dividend

    Cutix Plc founder sells additional 1.8 million shares of the company

    VFD Group Plc Employees and others sell millions of VFD Group shares

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    US$32.8 million data privacy sanction: Meta seeks out-of-court settlement with Nigerian Regulator

    US$32.8 million data privacy sanction: Meta seeks out-of-court settlement with Nigerian Regulator

    JUST IN: All women banned from universities in Afghanistan

    FULL LIST: Flagyl, Artemether-Lumefantrine among over 100 drugs banned by NAFDAC

    FULL TEXT: Tinubu’s address to Nigerians on #EndBadGovernance protest

    Full text of President Bola Tinubu’s 65th Independence Day speech

    Buhari finally inaugurates Dangote refinery, facts about the refinery

    JUST IN: Dangote Refinery resumes petrol sales in naira after FG’s intervention

    U.S. Reinstates Five-Year Visas for Ghanaians Following Deportation Deal

    U.S. Reinstates Five-Year Visas for Ghanaians Following Deportation Deal

    Dangote refinery to export first fuel cargoes

    PENGASSAN directs members to stop gas, crude supply to Dangote Refinery

    NNPC says no plan to increase petrol price in March

    IPMAN announces petrol price hike as Dangote Refinery suspends petrol sale in Naira

    NASCON Allied Industries Plc. Announces Closed Period for Q3 2025

    NASCON Allied Industries Plc. Announces Closed Period for Q3 2025

    Ebuka Obi Commissions Southeast First Free Psychiatric Hospital in Anambra

    Ebuka Obi Commissions Southeast First Free Psychiatric Hospital in Anambra

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    AIICO Board of Directors approve Dividend Payment and  2021 Financial Statements

    FCCPC approves sale of Chivita|Hollandia (CHI Limited) to UAC of Nigeria Plc

    Ellah Lakes Plc announces EGM to approve N250 billion capital raise, debt to equity conversion

    Ellah Lakes to acquire ARPN Nigeria Limited in Landmark Agro-Industrial deal

    Wema Bank Plc surpasses recapitalisation target

    Wema Bank Plc lists additional 14.14 billion ordinary shares

    Existing Unity Bank Shareholder Acquires AMCON’s 34% Stake

    Unity Bank Shareholders Approve Merger with Providus Bank

    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    Lafarge Africa Plc Schedules Board Meeting for Q3 2025, Begins Closed Period October 1

    Lafarge Africa Plc Schedules Board Meeting for Q3 2025, Begins Closed Period October 1

    Marketers are not buying our petrol, we have 500 million liters in our tank – Dangote

    FG Summons PENGASSAN, Dangote Refinery for Emergency Talks to Avert Nationwide Strike

    Ecobank reports N35.883 billion Profit for 2020 Financial Year, 63.92% lower than 2019 figures

    Ecobank completes sale of its stake in Ecobank Mozambique to FDH Bank Plc

    Existing Unity Bank Shareholder Acquires AMCON’s 34% Stake

    Existing Unity Bank Shareholder Acquires AMCON’s 34% Stake

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    FY 2020: FCMB Group Plc gross earnings, profit, assets see double-digit growth rates

    FCMB Group Lists 3.16bn Ordinary Shares on NGX Following Loan-to-Equity Conversion

    Bitcoin might be getting ready for $75,000

    MicroStrategy Buys 850 Bitcoin for $99.7 Million

    Falana sues Meta, demands $5m over invasion of privacy

    Meta Unveils Next-Gen Smart Glasses with Built-In AI and AR

    Dangote Refinery Marks Historic First Petrol Export to U.S., Boosting Nigeria’s Energy Profile

    Dangote Refinery Marks Historic First Petrol Export to U.S., Boosting Nigeria’s Energy Profile

    Elon Musk’s Tesla Share Price dropped nearly 16% in a “very intense 7 days”

    Elon Musk buys US$1 Billion worth of Tesla Inc. shares

    Beta Glass Plc Shareholders to be presented with a N1.04 dividend for 2020

    STANBIC IBTC ETF 30 announces ₦3.144 interim Dividend

    CAP Plc Shareholders approve N2.10kobo dividend per ordinary share for 2020 financial year

    SIAML Pension ETF 40 announces ₦12.44 interim Dividend

    Cutix Plc founder sells additional 1.8 million shares of the company

    VFD Group Plc Employees and others sell millions of VFD Group shares

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Opinion & Analysis Editorials

Building a Successful Business Organization: Lessons from the Bible

Assemble the Right Team and Learn to Delegate Authority

Sunday, 3 May 2020, 5:06 pm
in Editorials, Opinion & Analysis
2
Building a Successful Business Organization: Lessons from the Bible
Share Share Share Share Send as Email

A prominent and wealthy African Businessman once wrote, “everything important, I ever learnt about business, I learnt from the Bible. What could be more practical than the lessons taken from the Master himself”.

What did the Bible teach this great Businessman? Here is the story of Jethro teaching Moses on organizational structure.

Exodus 18: 13 – 26

The next day Moses was settling disputes among the people, and he was kept busy from morning till night. When Jethro saw everything that Moses had to do, he asked, “What is all this that you are doing for people? Why are you doing this all alone, with people standing here from morning till night to consult you?”

Moses answered, “I must do this because the people come to me to learn God’s will. When two people have a dispute they come to me, and I decide which one of them is right, and I tell them God’s commands and laws.”

Then Jethro said, “You are not doing it the right way. You will wear yourself out and these people as well. This is too much for you to do alone. Now let me give you some advice, and God will be with you. It is right for you to represent the people before God and explain to them how they should live and what they should do.

“But in addition, you should choose some capable men and appoint them as leaders of the people: leaders of thousands, hundreds, fifties, and tens. They must be God-fearing men who can be trusted and who cannot be bribed.

  • Also read: Barr. Amaka discusses Nigeria’s Business Laws and Tax System: What every Business Owner should Know: Part 1
  • How do Contagious Diseases “Jump” from Animal Hosts to Human?

“Let them serve as judges for the people on a permanent basis. They can bring all difficult cases to you, but they themselves can decide all the smaller disputes. That will make it easier for you, as they share your burden. If you do this, as God commands, you will not wear yourself out, and all these people can go home with their disputes settled.”

Moses took Jethro’s advice and chose capable men from among all the Israelites. He appointed them as leaders of thousands, hundreds, fifties and tens. They served as judges for the people on a permanent basis, bringing the difficult cases to Moses but deciding the smaller disputes themselves.

END OF BIBLE LESSON

To build a successful business organization requires the effort of more than one person. If you try to do it by yourself, the business will probably never take off, and you are most likely to remain a self-employed person, rather than transitioning to a Business owner. Worst of all, the business will be a one generational business, that dies with the founder(s).

As an Entrepreneur, you can conceive the right ideas, but you cannot be all things, just as you cannot be in different places, doing different things at the same time. You therefore need the right people around you, to provide a broader base upon which the business empire will be built. When you have assembled the right team, you should also be able to trust your team, and delegate authority to them and allow them to thrive.

  • Read more: How much is the Business Worth?
  • How Much is the Business Worth: An Introduction to Financial Statements

How often do we see that in Nigeria in particular and around the world in general. The highly successful parents pass away, the children take over the booming business, and all goes to burst in a short time. I have seen and heard all kinds of reasons why the business collapsed, the most used reason being that the children were irresponsible, with no knowledge of how difficult it is to make money because they were born with a golden spoon.

More often than not, a critical analysis of such events can pin the failure of such enterprises to two major reasons; the business had no organization supporting it but rather hinged on one person, or those that inherited the business did not understand the business philosophy whereas they thought they did.

  • Read further: A Viable Alternative to get Capital for your Business – The International Finance Corporation (IFC)

I would go as far as to say that had the business organization been in place, the second reason would be irrelevant as with time the inheritors will key into the workings of the organization and advance its growth with a dose of their own creativity and thinking.

Written by:

Basil Maduakor

Related Posts:

  • Bible_Lessons
    Building a Successful Business Organization: Lessons…
  • Ifeanyis picture 5
    Building a Business based on Local content-Lessons…
  • Bible_Lessons
    Bible Lessons: Setting your Financial/Investment Goals
  • IMG-20230102-WA0001
    2023 Bible Lessons on Setting your…
Previous Post

Barr. Amaka discusses Nigeria’s Business Laws and Tax System: What every Business Owner should Know: Part 1

Next Post

No Bank in Nigeria shall Sack any Staff says CBN, Bankers’ Committee

Next Post
Temporary Suspension of Cheque Clearing Lifted – CBN

No Bank in Nigeria shall Sack any Staff says CBN, Bankers' Committee

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

Ellah Lakes Plc announces EGM to approve N250 billion capital raise, debt to equity conversion

Ellah Lakes to acquire ARPN Nigeria Limited in Landmark Agro-Industrial deal

Wema Bank Plc surpasses recapitalisation target

Wema Bank Plc lists additional 14.14 billion ordinary shares

JUST IN: All women banned from universities in Afghanistan

FULL LIST: Flagyl, Artemether-Lumefantrine among over 100 drugs banned by NAFDAC

US$32.8 million data privacy sanction: Meta seeks out-of-court settlement with Nigerian Regulator

US$32.8 million data privacy sanction: Meta seeks out-of-court settlement with Nigerian Regulator

AIICO Board of Directors approve Dividend Payment and  2021 Financial Statements

FCCPC approves sale of Chivita|Hollandia (CHI Limited) to UAC of Nigeria Plc

Ellah Lakes Plc announces EGM to approve N250 billion capital raise, debt to equity conversion

Ellah Lakes to acquire ARPN Nigeria Limited in Landmark Agro-Industrial deal

Wema Bank Plc surpasses recapitalisation target

Wema Bank Plc lists additional 14.14 billion ordinary shares

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2025 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved