W13

This week I enjoyed the different stories from the readings and videos. 

I enjoyed reading President Monson's talk about gratitude and learning about his Sunday school teacher who loved all of her students and motivated them to choose the right and think of others. She left a positive lasting effect on President Monson. If I am capable of having that profound effect on those I teach and lead, that would be a cherished feeling and bring much satisfaction to me. 

After learning more about entrepreneur Randy Haykin, I strongly believe that it is best for an entrepreneur to start working for a large company first to learn the necessary sales and management skills in order to successfully lead others to achieve their goals and greatness. After working at a large company, I believe I can then venture on my own with launching small businesses or investing in a start-up. I can only imagine how Steve Jobs or Elon Musk or Mark Zuckerberg felt when they were launching their companies. 

I believe one of my fears is not knowing what product to share with the world that will bring satisfaction to them and at the same time bring satisfaction to me. I have a lot of passions, but I think I have yet to discover more. I'm unsure which passion to follow because I want to invest my time and effort into one that will bring monetary capital and financial success. 

I know the entrepreneurial journey is not an easy one. There will be new challenges at every milestone that will bring stress and uncertainty. There was some mention of employee theft, embezzlement, lawsuits, and employee competition. However, there was a lot of mention and emphasis on finding the right mentors to help guide my journey and avoid mistakes or setbacks. 

Comments

Post a Comment

Popular posts from this blog

W12

Based on what you read in the first two pages (pages 3 and 4), why are virtue and integrity so vital to an  economy?  Virtue and integrity are vital to an economy because they help create trust between the American population and large companies and CEOs. Without virtue and trust, then capitalism will erode. Charles Handy mentions that the American people will then have to rely on the government for the creation of wealth, which hasn't had the best track record in the past. There have been recent scandals that has caused trust issues with businesses. Charles mentions that once there is a crack in trust, it is hard to mend it or gain it back. The American population voted, and a high number of people believe corporations do have the best interests of its employees. There are also reports that CEOs earn more than 400 times than what their lowest-paid workers earn adding more distrust between the people and businesses.  According to Charles Handy, what is the “real ...
Read more

W10

This week's readings and videos left me pondering about my big dreams and how I can think big constantly with my short-term goals and my long-term goals.  I think it can be easy to lose sight of your dreams and aspirations when you compromise on your talents and skills. Right now, I have to work Monday to Friday from 8 am to 5 pm and it can be easy to take the rest of the afternoon off and weekends as well. However, doing that for the next 30 or 40 years will not get me closer to my dreams and will not bring personal satisfaction. In today's society it can be easy to compare your life to the neighbor's life or to a celebrity's life. But that is why it is important to think big and follow your dreams.  I never have had the trial of underestimating my potential or skills. Even if I ever did, my wife is supportive and constantly provides motivation and feedback. I enjoyed reading and hearing about successful businessowners and entrepreneurs talk about how they achieve ...
Read more

W09

This week I learned the importance of hiring ethical people and having the ability to execute from this week's readings and videos. When it comes to business it is crucial to celebrate innovative ideas and the ability to take risks. This is applicable to existing and new businesses. In order for a company to survive inflation, recessions, and booming markets, it has to continue finding new ways to be a leader in the midst of competition. I liked reading about how hiring nice people will lead to finding ethical people. That makes sense because nice people will always feel compelled to follow the rules and guidelines set by a company and feel morally obligated to help those in need without taking advantage of the desperate.  During my readings, the ability to execute was mentioned as something rarely found in people nowadays. That is absolutely true because nowadays people prefer to be told what to do and how to do it rather than trying to find a solution or taking initiative-takin...
Read more