Diary of a Muslim Entrepreneur

Sometimes I ask myself, "What does it really take to become a prosperous Muslim Entrepreneur? I often wind up looking into the lives of the prior generation of Muslims and some from the centuries as well to take a look at this distinguishing trait. The simple fact is, entrepreneurial lifestyle is so sweet to be given up on with significant breakthrough in technology that simplify the actions and multiply the profits while cutting price.

While brainstorming on the decision to become an Entrepreneur, you first probably think around the typical fears -- those that withhold you from researching the possibilities. At the moment, release yourself of these ideas and imagine how exciting it is to be a Muslim entrepreneur. However, you do want to understand just what goes into that, right?

1. Fearlessness

This is bravery with guts. The Muslim entrepreneur is one Who takes action despite the circumstance. He is based solely on Allah for success when working relentlessly in the pursuit of his dreams. All of us have fears but should we let the fear of beginning to overcome our guts of succeeding, then we have only succeeded in failing before beginning. Simply take the courageous step of beginning, you do not know how far it can take you.

2. Legitimacy

Pure investment plan: A Muslim entrepreneur is always Mindful of what business enterprise to invest in thinking about the sanctuary of Allah. He attempts to do business within the tenets of what is permitted in Islam and stays away from the prohibited sources of revenue. This principle purifies your riches and makes it easier for its transformation to acts of worship.

3. Up and Doing

1 characteristic that cuts across successful Muslim entrepreneurs Is their capacity to grow and grind in the wee hours. They begin their day submissively seeking Allah's bounties. For the Prophet (PBUH) stated that the morning is blessed for this ummah. Successful Muslim entrepreneurs are not idle in their business approach, they don't just work hard but they work smart and pray also.

4. Thankfulness

Gratitude is a fruit of great cultivation as Allah Illustrates: "if you're grateful, I will provide you more". This is key for successful Muslim entrepreneurs, they show gratitude to Allah for His blessings on which they've obtained and in turn Allah blesses them with more from His bounties.

5. Capital and profit reinvestment

I have seen many successful Muslim entrepreneurs stressing This strategy more than sufficient. You don't increase your standard of living as you've increased income. The more you put into your business, the more returns you would get from it.

6. Diversified Ventures

A successful example we could learn from here is Aliko Dangote -- Africa's wealthiest man. He began little from pantry and grocery goods and scaled his company with time into getting the biggest cement factories across Africa and is presently building a refinery worth $17 billion USD that will enable about half a million workers when completed.

7. Spend in charity

Lastly, successful Muslim entrepreneurs are not greedy, they spend out of what Allah has blessed them with for people who are in need. It was stated that when Abdur Rehman bin 'Auf's (R.A.) caravan arrives from Sham, he would distribute everything in charity before the sun sets out. Charity is one secret that increases wealth also.

For more: HappyMuslimFamily.org

Source: http://www.wealthinislam.com/

When Allah blesses something, its advantages increase many fold. Even a little bit of wealth that's full of barakah can provide multiple advantages to the believer beyond and far he who has lots of riches but no barakah.

If you have been feeling as though your wealth does not have barakah lately, or you would just like to grow the barakah and rizq, then these are some of the best methods you could gain from Allah's infinite mercy.

1. Rise Early

Ever noticed, how you always feel you get more ideas and more done when you start very early in the morning?

The time between Tahajjud and mid-day are most blessed for seeking sustenance. The sooner we increase the more we can benefit from these lucky hours for any job we do insha Allah.

2. Obey Your Parents

Allah (SWT) frequently withholds rizq from those that are disobedient to their parents. 1 brother tells a story of how he was incredibly reluctant to perform an errand his mother had requested of him since it was going to take all afternoon, and he wished to devote time to his company. But then he chose to do as his mother asked of him. The following morning, the client he'd been chasing for the past two months signed a new contract, even though it was increasingly looking like they would not sign.

3. Give Sadaqah

Frequently a clear one in a list such as this, but what many May not be aware of is that one doesnt need to give sadaqah with only their wealth. Sadaqah may also be given with energy and time. An individual might choose to give their talent and skill to a non-profit, or assist a neighbour with their backyard or moving house. These are all acts of sadaqah and place barakah in our prosperity.

4. Honour Contracts

It's incredibly important to honor every aspect of a contract. Contracted for 5 hours of work, but left for home 10 mins early? Promised to send 10 boxes in two weeks, but delivered five boxes in 3 days and a second five a week later? Agreed to pay off the debtor in 20 days, but rather paid it back in a few months? Situations like these seem quite trivial given how company often works now, but as Muslim people hold ourselves to higher standards of accountability. Even verbal claims in Islam are binding, therefore to safeguard our prosperity, we must honor our contracts to the letter, even though merely agreed verbally. To sum up, your word is your bond.

5. Be Like the Bee

When the sahabah requested the Prophet (SAW) the way they should run themselves in business, he said: "Be like the Bee".

Did you know that if the Shrimp takes pollen from the flower, it hovers on the flower petals but not completely rests on them? This so not to put the flower unto undue hardship. After the Bee has recovered all it can, it informs the other bees and tells them where they also can receive their pollen.

The Bee sets forth for us a great example, in that we ought to Not put undue hardship on people we do business with, be that clients, suppliers or even employees. We should also exchange value in such a manner that it benefits others instead of working in a greedy tirade. Is it any wonder that the fastest growing start-ups on earth are those that whole-heartedly adopt the sharing market?

6. Keep it Halal

Engaging in work or businesses that deal with haram Products, or using haram ways to run our company is a surefire way to encourage stress and hardship of all types. A close proximity to haraam sets our affiliation with wealth like water through fingers. We lose it as fast as we make it.

7. Prevent Riba like the Plague

Re-financing our houses or taking out interest based business Loans to increase capital has multiple consequences from the religious world. In the physical universe, it's a guarantee for unnecessary stress and hardship. Islam strictly abhors Riba of all types. Even seeing interest based transactions alone is a recipe for failure. Keep your riches pure by keeping it free of Riba.

8. Have a Good Opinion of Allah

Last but not least. Having a good view of Allah makes us more thankful and much more content. And since the Sunnah teaches us, both gratitude And contentment lead to a rise in Rizq. Addressing him in supplication as Ya Razzaq ensures that we get the barakah of one of his fabulous names.