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Showing posts from December, 2021

Week # 14

If you had one final lecture to share with a group of students on what you have learned from this course, what would you share?   The biggest thing I learned from this course was to find your passion and purpose in life. The beautiful thing about the entrepreneurial spirit is you don’t always need to own a business to have the spirit. Entrepreneurs are always looking for ways to improve their industry and business. They are an asset to any employer, but before you can be an asset, you have to have passion and know your purpose.    What would be your last bit of advice to someone wanting to begin the entrepreneur journey?   You can’t focus too much on what outside influences say about your business idea.  If you have done your due diligence and discover there is a potential market for your skills, product or service then go move forward. Starting a business is hard enough without focusing on what others have to say. I have a few examples of this personally but one specific example from

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"

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