The Law of Faith and Hope is essential when we talk about these two concepts. Faith is the foundation on which hope is built. For example, in a business situation, an individual intending to buy a product has done some form of analysis. This analysis could be based on their personal judgment or information presented to them, such as through marketing materials. Before someone decides to purchase a product, there is always an underlying analysis, either conducted by themselves or someone they trust.
Faith, in this context, is the result of that fundamental analysis. Only after building faith will an individual be able to progress from faith to hope. Hope, in turn, is the expectation that the product will deliver what it promises.
So, it's important to understand the connection between these three concepts: analysis, faith, and hope. When the result of an analysis falls short, people lose faith in a product or service, preventing them from reaching a purchase decision. The same applies to investments. An investor planning to invest in a business or product will also require some form of analysis, even if it's based on relationships or other factors. This analysis leads to faith in the business, which is the key factor in an investment decision.
It's important to note that it is not recommended to label or tag your business as a "faith-based business" unless you are specifically selling spiritual products or services. No investor will invest without crossing the barrier of faith, which comes from analysis. Investors may pass or decide to invest based on what their analysis reveals. Once the analysis builds faith, that faith gives them hope for a return on their investment. This process leads an investor to say, "Take my money."
It's why it's redundant to refer to faith-based investment -- all investments inherently require faith. Regardless of the method used to build faith, it's essential to any investment decision.
I hope this explanation of the three concepts from the Law of Faith and Hope has been clear. I'd love to hear your feedback. Remember, analysis leads to faith, faith produces hope, and with hope, the promise of a better return on investment is guaranteed.
Read the concepts of the Laws of Faith in the Ancient Laws of Power Book
