Parable of the Talent: An Entrepreneur’s perspective

The Parable of the Talents is a story told by Jesus in the New Testament, found in the Gospel of Matthew. It's a tale that has been told and retold countless times over the centuries, and it's one that continues to have relevance today, especially for entrepreneurs, and businesspeople. As entrepreneurs, we are constantly faced with new opportunities and challenges, and it's up to us to decide how to best use the resources at our disposal.

In the story, a wealthy man is about to embark on a long journey and decides to entrust his wealth to his three servants. To the first servant, he gives five talents (a unit of currency), to the second, two talents, and to the third, one talent.

Upon his return, the wealthy man asks his servants what they did with the talents he had given them. The first servant says that he invested the five talents and was able to double the amount, so he now has 10 talents. The second servant also invested his talents and was able to double the amount, so he now has four talents.

The third servant, however, took a different approach. He buried the talent in the ground, not wanting to risk losing it. When the wealthy man asks him what he did with the talent, the third servant explains that he was afraid of losing it and so he buried it in the ground.

The wealthy man is pleased with the first two servants and rewards them for their hard work and ingenuity. However, he is disappointed in the third servant and takes the talent away from him, saying that the servant should have at least put the talent in a bank where it would have earned interest.

The Parable of the Talents is often interpreted as a lesson on the importance of using one's skills and resources wisely. It's a cautionary tale about the dangers of being too risk-averse and not taking advantage of opportunities that come our way.

Parable of the Talents - An Entrepreneur’s perspective

Here are a few key takeaways from the Parable of the Talents:

✅ Don't be afraid to take risks: The first two servants in the story were willing to take risks and invest their talents. They were rewarded for their efforts because they were able to double the amount they were given. On the other hand, the third servant was too afraid to take any risks and buried his talent in the ground, resulting in no return at all.

✅ Use your skills and resources wisely: The first two servants in the story were able to double their talents because they were able to use their skills and resources wisely. They invested their talents and were able to generate a return on their investment. In contrast, the third servant simply buried his talent in the ground, not taking any action at all.

✅ Be open to new opportunities: The first two servants in the story were open to new opportunities and were able to make the most of their talents. They were able to generate a return on their investment, whereas the third servant was too afraid to take any risks and missed out on the opportunity to grow his wealth.

The Parable of the Talents is a timeless tale that is still relevant today. It's a reminder to entrepreneurs and businesspeople to be willing to take risks, use their skills and resources wisely, and be open to new opportunities. By following these principles, we can all make the most of the talents and resources we have been given and achieve success in our endeavors.