Sunday, January 29, 2017
Remember What's Important
We watched a video this week about lean startups and the difference between successful startups and unsuccessful ones. The video talked about how a successful start up follows a pivot pattern. This is basically when they encounter a problem and discover a flaw in the plan, they remember what they learned by the take a step in a new direction that might work better and fill the real need society has to be filled. I found it very interesting this week how much I leaned about the business mindset and the mindset that is necessary to be successful. I was reminded again this week to remember the things that are most important in life like family and relationships and not money or temporal possessions. Perhaps what really hit home for me this week was the concept of dreaming and planning to achieve those dreams. I heard dreaming defined as reality without limits or constraints. I can dream big. What would I do if I had unlimited resources? What business would I want to start? Where would I live? All of these thoughts can drive creativity and they help us keep focused on our goals and redefine what is possible for us to achieve. The 100 dollar challenge is going well though I am having some doubts in my ideas and plans. None the less I am excited to move forward and adapt in whatever way that I need to. Bring it on!
Monday, January 23, 2017
Discovering My True Purpose
This week for class we had to read a short reading called "A visionary Business." The reading summarized points from a book by Marc Allen sharing the same title, and it really got me thinking about who I am and who I want to become. One of the points in the reading was to have a higher purpose than just making money. It said to discover my unique purpose for living and the talents and abilities I have been given to achieve that purpose. I need to find something in my life of actual worth, not just the monetary wealth I desire. So I did some pondering this week to try and identify what is truly important to me. I know that creating and raising a family is top on my list. I will love my future wife and children more than anything in the whole world. I want to be successful to provide them the life I know they will deserve. Also up on that list is service to my Heavenly Father. I want to be successful in my business endeavors so that I can be financial stable enough to serve in whatever capacity the Lord needs me to. Wither that is contributing financially to those in need or serving in specific callings or full time missions, I want to be ready to serve. There are many things that motivate me but that short article really made me think about who I wanted to become and how my business could be an avenue to help get me there. I have a desire to read Marc Allen's book that I may learn more.
My $100 Challenge business is coming along. I'm really trying to reach out to family and friends for feedback and ideas on what would be the best approach and the best idea that I could implement quickly and make very successful. It's been a little bit of a struggle but I'm figuring it out and I look forward to seeing what I can make happen over the next few weeks. That assignment is a great example of a visionary business and the principles I discussed above as all of the prophets are going to go to helping some other entrepreneur that needs start up money. I feel as though things are headed in the right direction.
My $100 Challenge business is coming along. I'm really trying to reach out to family and friends for feedback and ideas on what would be the best approach and the best idea that I could implement quickly and make very successful. It's been a little bit of a struggle but I'm figuring it out and I look forward to seeing what I can make happen over the next few weeks. That assignment is a great example of a visionary business and the principles I discussed above as all of the prophets are going to go to helping some other entrepreneur that needs start up money. I feel as though things are headed in the right direction.
Monday, January 16, 2017
Beginning My Journey as A Young Entrepreneur
Beginning My Journey as A Young Entrepreneur
I am a 23 year old college student attending Brigham Young University Idaho. I have a passion for business and I am always looking for a new challenge. I am not yet married nor do I have children but family is the most important thing to me in my life, next to God and my religion. I have recently just started a business on my own as well as working through the process of starting an addition one with my father. In this Blog I intend to share the things I am learning and experiencing on my journey through this small business creation class and as a young aspiring entrepreneur.
Ever since I was a young boy I have had a passion for making things work. Wither that was fixing something, organizing a group of people, or even planning a last minuet party, I was your guy. As I got older, and watched my father start several businesses, I constantly brainstormed new ideas and tried to identify "points of pain" that I could potentially create a business to solve. Now I am in a small business creation class that is helping know how to take those ideas and make them a reality. This week I was reminded from my coursework about what's really important in life. Business is great and we should aspire to make all of our dreams become reality in that aspect, but at the end of the day, at the end of your career, at the end of life, what really matter is who you have become. Nobody is going to care, on a large scale, what you have accomplished but those who matter to you are going to know are care about who you have become. I aspire to become the kind of person, business man, and family man that is kind, has integrity, works hard, and puts the needs of others in front of his own, all while creating and running wildly successful businesses.
Throughout this class I will be participating in a challenged called the $100 challenge. In this challenge I am required to design and create a small business with a much as $20 that can generate at least $100 in profit by the end of the semester. So far I have brainstormed 20 ideas of what I might be able to do for that business. Some of the most important parts of starting a business, formulating an idea, expanding a current business, etc., involve brainstorming. This past activity where I identified 20 new ideas was painful at times. I felt like I was scraping for new ideas and at the same time scraping my brain. I have learned that its important to remember that a good business will fill a need or serve a purpose in making the lives of those around me better somehow. As I remembered that in this activity it helped shape my thought process and pushed me in the right direction.
Personally I like to remember the connection between business and Heavenly Father in my life. Like I said previously, business is fun, challenging, and an important part of my life, but God and family come first. That being said, I believe all good ideas come from Heavenly Father. Its okay to pray for direction and to pray for ideas that could become successful. Inspiration comes from above. It doesn't matter if times are good or times are bad, Heavenly Father is there, waiting to provide direction, comfort, and new ideas. I aspire to make my Heavenly Father a part of every thing I do wither it be with my family, my schooling, and absolutely in my adventure as a life long entrepreneur.
I am a 23 year old college student attending Brigham Young University Idaho. I have a passion for business and I am always looking for a new challenge. I am not yet married nor do I have children but family is the most important thing to me in my life, next to God and my religion. I have recently just started a business on my own as well as working through the process of starting an addition one with my father. In this Blog I intend to share the things I am learning and experiencing on my journey through this small business creation class and as a young aspiring entrepreneur.
Ever since I was a young boy I have had a passion for making things work. Wither that was fixing something, organizing a group of people, or even planning a last minuet party, I was your guy. As I got older, and watched my father start several businesses, I constantly brainstormed new ideas and tried to identify "points of pain" that I could potentially create a business to solve. Now I am in a small business creation class that is helping know how to take those ideas and make them a reality. This week I was reminded from my coursework about what's really important in life. Business is great and we should aspire to make all of our dreams become reality in that aspect, but at the end of the day, at the end of your career, at the end of life, what really matter is who you have become. Nobody is going to care, on a large scale, what you have accomplished but those who matter to you are going to know are care about who you have become. I aspire to become the kind of person, business man, and family man that is kind, has integrity, works hard, and puts the needs of others in front of his own, all while creating and running wildly successful businesses.
Throughout this class I will be participating in a challenged called the $100 challenge. In this challenge I am required to design and create a small business with a much as $20 that can generate at least $100 in profit by the end of the semester. So far I have brainstormed 20 ideas of what I might be able to do for that business. Some of the most important parts of starting a business, formulating an idea, expanding a current business, etc., involve brainstorming. This past activity where I identified 20 new ideas was painful at times. I felt like I was scraping for new ideas and at the same time scraping my brain. I have learned that its important to remember that a good business will fill a need or serve a purpose in making the lives of those around me better somehow. As I remembered that in this activity it helped shape my thought process and pushed me in the right direction.
Personally I like to remember the connection between business and Heavenly Father in my life. Like I said previously, business is fun, challenging, and an important part of my life, but God and family come first. That being said, I believe all good ideas come from Heavenly Father. Its okay to pray for direction and to pray for ideas that could become successful. Inspiration comes from above. It doesn't matter if times are good or times are bad, Heavenly Father is there, waiting to provide direction, comfort, and new ideas. I aspire to make my Heavenly Father a part of every thing I do wither it be with my family, my schooling, and absolutely in my adventure as a life long entrepreneur.
Subscribe to:
Posts (Atom)