Posts

What's a Business For?

Hello again! The readings and videos from this week were, once again, inspiring. I especially liked the 2002 Harvard Business Review article, What's a Business for? by author Charles Handy. Charles Handy discusses many things relating to businesses in our capitalistic society. In the first couple of pages, he poses a question: Could Capitalists actually bring down capitalism? Charles sees it as a distinct possibility, as do I. The current system of capitalism and wealth generation are governed by rules and laws. There is also a shared belief that one can trust and believe that those rules and laws will be followed. The stock market demonstrates this very well. It is an incredible engine to generate wealth and spur innovation and company growth. It is also a system to help identify areas / companies that are no longer relevant and tears them down to make room for new companies to take their shot. We invest in the stock market and base those decisions on information dispersed...

E-Journey Week 11

The readings from this past week were particularly meaningful and engaging. I read messages from the president of the church to successful entrepreneurs and their messages were all inspiring. There are few thoughts I wanted to share this week: My attitude toward money: I feel as if I have a pretty healthy attitude towards money. I grew up in fairly humble circumstances and gotten to a point where my family and I are living comfortably. I would say I've been the same level of "happy" in either situation. I also recognize that any fluctuation in that level was not due to how much money I had in the bank. Despite that, I would consider myself a very ambitious individual but my motivation is for that of the respect of my peers and the security of my family. How one views money can have a significant impact on your life. I agreed with the Attitude On Money  in that money is not inherently good or evil. What that money is used for or the actions one takes to get their money...

Week 6 Journal

Hello again! This week, on my entrepreneur journey, was chock full of inspirational material on both the spiritual and business side of things. I didn’t think my appreciation and admiration of Elder Holland could have risen much but I found out that is not true. I thoroughly enjoyed the devotional from him and his wife, Patricia. It’s inspirational to see someone of his stature talk about hard times (and roads) that challenged him and his family. And it’s important to remember that it’s those exact situations that resulted in the apostle we have today. There was also a lot to take away from the short and sweet videos assigned for this week. Here are a few of the takeaways that will stick with me: Acton Hero: David Carrington discussed the need for balance as an entrepreneur. Avoid letting your business(es) run you and not at the expense of your health, family, or faith. Also, his business benefited immensely from a tragic event but he remained ethical in how he conducted bu...

A Hero's Journey

Hello again! This is week 5 of my Entrepreneurial class and I have already learned and experienced more than I expected. I've been exposed to new examples and situations that (I hope) will help me as I shape my entrepreneurial (or hero's) journey. An interesting exercise I conducted was in choosing my ideal board of directors. This encouraged me to really boil down my goals and aspirations and to seek out those that have embodied similar goals and aspirations. My board is a diverse cast but I realized that they represented very specific attributes that I'd like to develop as I go. Those attributes include - positively impacting the world, keeping a positive message, asking great questions and ensuring I stay on the right path. Overall, I discovered that my goal is to lead a life of meaning. As I saw in the video, A Hero's Journey, this is the most difficult thing to accomplish. Making money and learning to learn can be difficult but are relatively easy to attain. ...

Deconstructing Your Fears

Hi! I recently completed an exercise that helped me deconstruct the fears I have concerning my entrepreneur Journey! It's actually something I've heard about via Tim Ferriss (huge fan!) and I was excited to put it into action. Here are my take-aways: Ultimately, if I pursue my calling with discipline, intentionality and rely on the help of those that love and respect me the fears I listed are not likely to come true. It's amazing how the fear of a Thing can be diminished just by shining a light on it. Imagine a friend repeating your fears in a sarcastic tone. At once, you'll be able to realize how overblown those fears are. In addition, while the light is still shining on it, the decisions you make will further help ensure they do not occur. In looking at my list of fears, I see that the theme is the judgement or disapproval of others. I'm afraid that others will think I'm not qualified or capable or will help that I fail in the long run. Considering th...