Tuesday, November 15, 2016

How to Turn Intangible Assets into Financial Resources

Written by Uyoyou Christiana Charles-Iyoha

Intangible assets are your knowledge resources, expertise, skills, talents, wisdom, understanding, military prowess, divinely generated money making ideas, excellent communication skills, etc.

Please see the following Scriptures for a deeper understanding of wisdom -  Proverbs Chapters 24 verses 2 to 4, 14, 8; 9 verses 1 to 11, Ecclesiastes Chapters 11 verse 10; 7 verses 11 to 12, 19; 2 verse 21, 9 verse 16.

Joseph interpreted the dreams of Pharaoh with his God given ability which you may call wisdom or knowledge or understanding but it is a divine deposit of intangible assets which gave him the number two position in the land and of course a mouth watering salary, perks and other privileges.

The Bible records that Daniel was gifted in understanding all sorts of visions and dreams (Daniel Chapter 1 verse 17). Consequently, he went to the King and requested time to tell the King the dream and the interpretation of the dream. Significantly, Daniel did not rely on the intangible assets of knowledge and skill in all literature that God gave him, or the understanding of all sorts of visions and dreams. Daniel humbly went to God for the answers and he co-opted his three friends. As they humbly asked God for mercies, God revealed the dream and its interpretation to Daniel and when it was told to the King, Daniel was promoted as ruler over the whole province of Babylon as well as Chief Administrator over all the wise men of Babylon. He was also given many great gifts. Please see Daniel Chapter 2 verses 47 to 49).

He also interpreted the handwriting on the wall and was made the third ruler in the kingdom. Daniel’s career as an astute administrator and leader soared as he became the number two person in the kingdom all because he utilized his intangible assets to advantage (Proverbs Chapter 22 verse 29). He stood before kings and earned good income. But what is very strategic and instructive about Daniel is that he always sought answers from God and ALWAYS returned the glory to God. He never attributed his success to the divine gifts of intangible assets that God blessed him with.

David was a skillful musician, a mighty man of valor, a man of war, prudent in speech, a handsome person and the LORD was with him. Though he minded the family flock in the wilderness, unknown and unsung, the Bible records that he came into the service of King Saul as a musician on the basis of this recommendation. It is also significant to note that King Saul was suffering from severe depression so it was not a question of just great music but spirit lifting music by the Spirit of the Lord. David achieved great success in this area and was speedily promoted to be Saul’s armor bearer. Please see 1st Samuel 16 verses 13 to 23. Not quite long, David added another feather to his cap by killing Goliath who terrorized the army of God for forty days and forty nights. David became a national hero. He prayerfully utilized the intangible asset of mighty man of valor and man of war (which translates into military prowess). Thereafter, his career soared as a man of war – the Bible records that he amassed great wealth from tributes and spoils of war. (2nd Samuel Chapter 8, 1st Chronicles Chapter 18, 20 verses 1 to 2).

Jephthah was a mighty man of valor whose intangible asset was military prowess. Additionally, Jephthah possessed great negotiating skills and used both to advantage when the leaders of Gilead and elders of Israel required his services against Ammon that had come up against Israel. Jephthah negotiated the number one leadership position of his people and of course the attendant benefits of such a position which includes financial resources. He led a successful military campaign against Ammon and became the leader of Gilead and Israel.

Ezra the Priest is described as a teaching priest, an expert in the words of the commandments of God and His statutes to Israel. This constituted his intangible assets (his knowledge and understanding of the word of God coupled with his obedience to the word of God as well as his God given ability to teach the word of God to the people of Israel so that they would understand and do the word of God. This intangible asset stood him out as King Cyrus selected him to lead the people of Israel back to Jerusalem to rebuild the temple, and to receive the resources for the rebuilding of the temple.

Beloved, you can monetize your intangible assets by converting them into financially tradable formats.


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