A certain man was about to go on a journey so he called his servants and gave them money, to one he gave $5,000, to the second he gave $2,000 and to the third he gave $1,000, he gave them according to their ability to handle money (Mathew 25: 14-16 Message Bible) and left for his journey. Now let me stop here for a while and ask you a question, how much money can you handle?
I have asked quite a number of people this question and come to realize that some people cannot even handle N500,000, and when I mention N1million some would scream while some feel they have the capacity to handle it if given to them. What will you do if you had N10million given to you?
I once heard the story of a young man who went to Lagos from Ibadan looking for N1million to start a poultry business, he got a job in an investment firm and saw how individuals and corporate entities invested money in millions, even in billions, he saw the flow of money and his scope and capacity to handle more money changed! after few months of working in that environment.
Back to the parable, after several months of being away, the master returned and called his servants to give account of what they had done with the money. The one with $5,000 had doubled the money and gave his master $10,000, while the one who received $2,000 returned $4,000 to his master, immediately they were promoted to become a partner in the business.
But the one with $1,000 came up with excuses, “Master, I know you have high standards and hate careless ways, that you demand the best and make no allowances for error. I was afraid I might disappoint you, so I found a good hiding place and secured your money. Here it is, safe and sound, down to the last cent” (Mat 25:24-25 Message Bible).
Lesson from this parable;
1. This servant who was given the least because his master knew his inability to handle money does not like to take risk, he said he was afraid. In business, you just have to take that risk “Money flows in the direction of those who handle it well”
2. Perhaps, he thought what he had been given was too small to invest so he decided not to do anything. Many people wait for the day they have millions before they would invest or buy that land! “Start small”
3. This man wouldn’t learn, he wouldn’t ask questions before venturing into a business, he said; “you hate careless ways”. Do research, get a business mentor
4. It is criminal to put money in a savings account for the long-term! “The master was furious. That’s a terrible way to live! Its criminal to live cautiously like that!…The least you could have done would have been to invest the sum with the bankers, where at least I would have gotten a little interest. (Matthew 25: 26-27 Message Bible)” “Never put money you don’t need in he short-term in a savings bank account”
Like his master told him, “INVEST” he didn’t say “SAVE” the money with the bankers. What this servant simply did was to put the money in a savings bank account where the money never grows, you are not investing when you put money in a savings bank account!
What his master was simply saying is clear, if you can’t learn business skills and take a risk in business, simply put the money in a fixed deposit account (this is least you can do to get at least a meager interest), approach an investment bank and agree on an interest rate on the amount given to them to handle. Do a research on the best place to get a good offer and stop being careless! If you want more, learn to do business.
“…Do business till I come.” (Luke 19:13 NKJV)