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7 Principles of an Evangelistic Life by Douglas M. Cecil, Howard Hendricks

By Douglas M. Cecil, Howard Hendricks

This isn't one other ebook on evangelism tools; quite the writer specializes in supporting believers enhance a life-style of evangelism that is based thoroughly at the Holy Spirit. Evangelism is a religious experience and readers should be challenged to reconsider how they dwell it out.

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Regions such as Anatolia, the Indus Valley, Syria and northern Mesopotamia would experience growth. But it was the Sumerians who saw people crowding into cities searching for new economic opportunities as they took the lead in capital formation, technology transfer and urban development . Perhaps Joel Mokyr’s recent work, The Gifts of Athena: Historical Origins of the Knowledge Economy, is one of the best expositions on the relationship between creating structures that enhance education, innovation, The Science and Process of Entrepreneurship 45 46 The Science and Process of Entrepreneurship creativity and economy prosperity .

That’s one side of it. The other side of it is that when firms figure that out, they try to develop ways of cooperating with each other so that they’re not destroying the market. Then you have to examine what we call competing over time, which looks at four stages of industry development. The growth stage, which would be more classically entrepreneurial, is when there are many different ways of delivering the product and there are many different kinds of products; standards haven’t been set, and customers are a bit ignorant, but they still value the type of product compared to substitutes.

That leads us to multi-business firms – firms that have already diversified and have a number of businesses that they’re managing. The idea is that for a multi-business firm to survive, it needs to provide value to its businesses – more value than the businesses would receive from being independent, which is quite important. Otherwise, the multi-business firm suffers from what’s called the diversification discount, where the firm’s market value is less as a combination of businesses than the value of each of the businesses independently.

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