Skip to main content

Week #6

I feel like this week we really started digging into some of the strategies of being a good entrepreneur. I thought that there were some great action items that I could take from the readings to apply to my entrepreneurial ideas and really start heading in a good direction. One of the things that I liked about this week was the idea that you need to do your background work but then you also need to start somewhere. I also was impressed with the idea that you likely will need to make peace with the notion of raising funds for your business. I do not know why this was such an eye opener for me, but it really was. It always seems like people just bring these successes to life and I have never really thought about the fact that securing funds is just a part of it. When I think back on all of the success stories from other people, most had to secure funding before they could get their ideas off the ground. Another key component with this is the fact that you have to have skin in the game as well. Meaning that you need to put whatever you can on the line as well because this signals to an investor that you also believe in your idea enough that you are taking a risk. This whole idea of researching and doing all you can to prepare and then jumping in was very exciting to me.

I also loved the advice to make sure that we take whatever church callings we are given and that we do not become too busy for the church. It is funny because my husband has been in the bishopric for a few years and that is one of the most common responses he gets from people about callings. They are too busy. I like that we were taught that the Lord's work is the focus of our mortality and other pursuits should not stand in the way of that. It was cool to hear someone that had been in the all consuming spot of having a startup and also taking a heavy church calling. Having him bear witness to the fact that the Lord helped him to make everything work was a really cool thing to understand. The Lord knows us and our individual situations. He will help us to find a good balance in life and be able to do all that he has asked us to do, but it will usually come with a sacrifice. That may be time or energy in other areas. Like was pointed out though, we usually have other things that can drop off to allow for the time and the Lord can lead us through that if we take the step of accepting the calling.

I think that this week has been a great one and I am ready to work on the ideas that have come up from the study materials. I think that my biggest realization is that funding is key and not to wait to do that until it is too late.

Comments

Post a Comment

Popular posts from this blog

Week #12

I can't believe how quickly this semester is coming to an end. I have learned a lot from this class and have been required to do a lot of considering and dreaming about the future. This has been an amazing experience. I truly loved the content of this week's learning activities. It gave me the chance to listen to a beloved talk from Elder Holland. I love that talk and it was nice to be reminded of the worth of souls. It is hard to be self-centered and selfish with the things we have been blessed with when we consider the plight of others. I love the reminder that we all are beggars in the sight of God. We all rely on God for our daily breath. This is key to remember and not lose our humility. Especially in our pursuit of worldly things. Having the opportunity to listen to the entrepreneur conference key not speaker was really cool. His ability to paint a picture of what our money can do to bless others was neat. I like when he talked about his small business he started when h...
Post a Comment
Read more

Week #13

This week was another great week of study. I truly enjoyed listening to the talk by President Monson. I love his ability to tell a story. His stories of gratitude were truly inspiring and left me wanting to do more, especially at this tender season of the year. I love the story that he shared about his Sunday school teacher and the impact she had on the class when she asked them to donate their party money to a class member in need. Larry North was a very inspiring character that was introduced this week. I think that it is wonderful to understand that our background and experiences we have can propel us forward to better things, even if those experiences were not the best. He took his difficult childhood and used that to fuel his successes. He had a lot of gratitude for the every day and for the mentors he had found along the way. It was truly inspiring to see! I especially enjoyed the presentation by Ted Zoller about the deal-maker pathway. I found it to be interesting that worki...
Post a Comment
Read more

Week #3

This week has been an eye-opening one. I would have to say that the biggest impression that has been left on me is that my life's experiences can be something that I can use to propel me forward as I continue on my career path. Too often I get bogged down in the fact that I have been out of the typical working game for nearly 14 years. This is something that discourages me when I think about the future because I do not see how my career will ever have the time it needs to take off and have real meaning. I want to do something with real meaning and not just punch a clock for the next stage of life. After listening to the videos and reading the case study this week, I am more excited about my future. I realize that none of the time I have spent is wasted. My abilities as a person have been extended, tested, and pushed to their limits in the past 14 years. It has made me into a finisher. It has made me into a believer in hard work. It has given me a front row seat to early childhood...
Post a Comment
Read more