Week #5

 

Week #5

Lessons Learned

Elder Faust’s talk about perseverance was inspiring for me this week because It caused me to reflect more on my mission. As I think about the skills I acquired while serving I think about the time management skills and people skills and especially the interpersonal skills I had to acquire while living with someone 24/7! Elder Faust pointed out that the skills we learned will help us persevere throughout our lives and he was spot on! 


Another thing I learned was about finding our passion. I like the idea of having a “portfolio” of passions and using that as your foundation since the road is easier to traverse when you have more options to sift through.


Personal Thoughts & Impressions

Jeff Sandefer’s article was really interesting talking about luck, skill, or character as the most important part of having a successful business. I think I agreed with most of the things said but I really do think luck has a lot to do with it. It’s been said Luck is the culmination of all the good decisions you make. I think what some people call luck I may say is God guiding us towards success. I know someone with a successful fabrication business and he once told me when he started out he worked to get a Bid in with a large gas station/convenience store. He gave an honest bid but knew to get the job done would require a substantial investment in new equipment. To his surprise, he got the contract and it was paid upfront and the capital he got from the upfront contract paid for the equipment to get the job done and opened the door for him to do more big jobs. I don’t think this discounts all the other things mentioned by Jeff, but I really think Luck isn’t something to sweep under the rug.

Comments

Post a Comment

Popular posts from this blog

Week #13

Lessons Learned President Monson’s talk regarding gratitude was really important to me because I think having an attitude of gratitude is a great way to remove your problems from your life. If we think about the people he outlined being grateful for like mothers, fathers and teachers then we can also think about how they would look at us, and hopefully, we are acting in a way that they wouldn’t be disappointed in us. The things we are usually grateful for came at a sacrifice to them so to honor their sacrifice, we can live our best lives. I liked hearing about Randy's journey out of Harvard to eventually starting and running a VC group. I can't imagine how challenging it was to balance his family life and run a business that essentially nurtures young businesses into hopeful successful models like Yahoo or AOL. The thing that stuck out to me most about Randy's story though was eventually bringing on Carl Nichols to the business. I have had about 2 people I "worked...
Read more

Week #12

Week # 12 Based on what you read in the first two pages (pages 3 and 4), why are virtue and integrity so vital to an economy? In the example of the stock market, we trust there is no inside trading or other shady activity going on in the organizations we are investing in. These companies also have a duty to run their businesses honestly because people depend on their success. We can't have an economy built on lies. According to Charles Handy, what is the “real justification” for the existence of businesses? To make a profit so the business can do something more or better What are two solutions proposed by Handy that you agree with? Why? Measuring success on outcomes for others. I think as a business you really should always be thinking about how what you do impacts the customer. When you stop doing that, you stop innovation and if all you focused on is money then you'll lose sight of what makes you relevant in the market. I like the idea of sharing dividends with employees. I h...
Read more