Entrepreneurial Journal Blog

W07 Reflection: Entrepreneurial Journal Final Blog If I had one final lecture to share with a group of students on what I learned from this course it would be to dream big, believe in yourself, take the risk of entrepreneurship, and be a lifelong learner. Dreaming big is the only way we can find success in the entrepreneurial world. If you limit your dreams to the status quo nothing will come of it and you won’t have a reason to be an entrepreneur. Dreaming big opens up our minds to new ideas we would never think of otherwise. Next, you must believe in yourself. No matter how ordinary you think you are, you are capable of anything. You have the support of a Heavenly Father who sees your true potential and knows who you can become. Next, even with all the risks involved in entrepreneurship, the rewards far outweigh the risks. Have courage and determination and you will find success. Lifelong learning is not only a commandment but the best habit you can ever have. The more you learn the ...

W07 Reflection: Entrepreneurial Journal What stood out to me the most in this week’s study was the talk given by Thomas S Monson “An Attitude of Gratitude”.  First and foremost, it is important to have gratitude to God. He has given us everything we have including life. We should always express gratitude to God even when times are tough.  Next, we should give gratitude to our parents. Our earthly parents have played a similar role in raising and giving us everything in our youth. They play a pivotal role in our development and well-being. I know I wouldn’t be who I am today without my parents.  Next, we should give gratitude to our teachers. Teachers teach us how to learn. I know I have had many great teachers in my life. One in particular was my young men’s president. He was pivotal in developing my testimony and being prepared to serve a mission. He not only taught us, but he cared deeply for us. We knew he always had our back and wanted what was best for us.  Next...

W06 Reflection: Entrepreneurial Journal Virtue and integrity are so vital in an economy because it is important to take care of everyone involved. We are shifting toward a time when corporations are no longer looking after their shareholders or employees but are trying to seek personal financial gain. When we base business on personal financial gain, we lose the whole purpose of a business which is to fill a need in the world. Charles Handy explains that a business is not there to make a profit but to do something better with it. If we listen to his advice on this important topic, we can have a successful economy. I think the two solutions I agree with that Handy has is to pay dividends to those who are not only contributing money but also skill and we should measure success in terms of outcomes for others as well as for ourselves. I know how important funding is for a successful business, but I also know it is more important to have talented people running the business as well. I like...