Wednesday, April 9, 2014

Last week

For someone else looking for advice from me about what I have learned in this class I would give them a lot of good information. The information that I would give would have to do with entrepreneurship and general life skills and knowledge.

The first thing you need to do before anything else is figure out who you are, what you want, and your potential for doing well in that particular field. In the book titled “the dip”, the author talks a lot about doing what you love. He also makes the point that if you aren’t going to be the best at what you do then why do it at all. As I have thought about what I have done in my life I have seen that life is not very fun at all when you aren’t doing what you enjoy.

In the book mastery the author talks about how life is full of a plateaus despite how much people believe that life should be full of climaxes. The author talks about the importance of enjoying those plateaus. This was something that I saw first-hand on my mission. On my mission I saw that there were a whole lot of plateaus and very few and spread out climaxes. What I discovered was that I needed to enjoy even the plateau.

Something that I learned that has to do directly with entrepreneurship was the importance of taking note of your skills and weaknesses. In the book so you want to be an entrepreneur the author asks you to take note of your resources and skills. By taking note of what skills you have, you can figure out which ones to gain and which ones to look for in your business partner or team.

Once you have your team, or your aspiration, you need to make a plan A, B and Z. In the startup of you it talks about how you need to have a backup plan and a worst case scenario fall back plan. The plan B is a plan that is very similar to a plan A that uses current resources to be successful.

Another thing that I learned was that you need to look for growth or move on. Especially in business you need to continually improve. In the start up of you the author uses the example of Detroit to show how the car industry got comfortable and failed to meet customer wants.

Out of all of the things that I have learned I would say that the most important thing that you could do is find something that you enjoy doing.

Wednesday, April 2, 2014

Week thirteen

Really everything this week was a review, but in general the things reviewed were really good. In the talk by Thomas S. Monson I was able to reflect on the importance of being positive. I think no matter what our circumstances are we need to be positive and be grateful for all of the many blessings we have been blessed with. With the video titled "avoiding the wrong job" the point that has been made over and over again throughout this course is made once again. The point is that you should do what you love. I have learned over and over again that doing what you love is much more important than making a lot of money. 

The video “paths to an entrepreneur career” pointed out something really insightful. Many people start working for companies than branch off and do their own work. For some reason I had thought that I had to take advantage of my youth and start a business now. Now that I think about it at least one of my business ideas might be more plausible after I get a little more capital and real experience in the GIS field. Although this would be great for my GIS venture it doesn’t seem like the best idea for my skimboard business.