Episodes
Friday Aug 13, 2021
Risk it like a Biscuit
Friday Aug 13, 2021
Friday Aug 13, 2021
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Risk it like a biscuit
risk…
On June 18, 1971, the founder and current CEO of FedEx, Frederick W. Smith founded the company Federal Express (FedEx) with his $4 million inheritance and raised an additional $91 million in venture capital such that it could potentially deliver packages overnight to anywhere in the world. This is something that, at that time, had never been done.
Unfortunately, three years after the company began, because of the rapidly rising fuel costs,Federal Express was on the verge of bankruptcy, losing over $1 million a month, with no one willing to give them any additional loans nor any investors interested in contributing capital. Smith reached a point when the company’s account had only $5,000 and he couldn’t afford to refuel the planes that delivered FedEx’s shipments. Smith made a final pitch to General Dynamics for more funding, but was refused, leaving FedEx more or less dead on the ground when they would not be able to fuel their planes the following Monday.
Still, Smith refused to surrender. He took the last $5,000 and flew to Las Vegas, placed the company’s remaining money on Black Jack bets over the weekend and won an additional $27,000 by Monday. It wasn’t a huge windfall, but the total $32,000 was enough to refuel the planes and keep the business running for a few more days. After a few days Smith successfully managed to raise $11 million to keep the company afloat and, by 1976, Federal Express made its first profit of $3.6 million.
If he had given up, and didn't take the risk of gambling, there would be no FedEx now.
Risk…
Why do we risk?
Personality
Up bringing
Peer pressure
Experienced the high of risky behavior- we become addicted to it
How do we risk?
Financial
Physical
Boredom
Fame
What does Jesus say about Risk?
2 Timothy 1:7 “For God gave us a spirit not of fear but of power and love and self-control.”
Risk isn’t stupidity… it is a calculated risk. So God gives us the formula
NO FEAR + Power + Love + Self control = a calculated step of risk.
Now if you are missing any of those… you are just being foolish!
No risk no reward - but even more so - no risk, no maximum growth, no great stories… No move of God, and basically no faith.
Faith is spelled R.I.S.K.
Do you realize all the great stories in the bible come down to one basic ingredient - God told someone what to do and they took a risk and obeyed God… and now we have a great story.
How do we overcome the enemy?
Rev. 12:11
They triumphed over him by the blood of the Lamb and by the word of their testimony; they did not love their lives so much as to shrink from death.
THE WORD OF THEIR TESTIMONY - STORIES OF RISK!
Ecclesiastes 10:8 “When you dig a well, you might fall in. When you demolish an old wall, you could be bitten by a snake.”
There is always a reason to not take a risk…
But there is always someone still willing to take the risk
Today may that person be you!
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