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W10 Reflection: Entrepreneurial Journal

 Taylor Richards teaches the lesson of not underestimating ourselves. Him and his team were in a magazine that listed the top boat dealers in North America. They expected themselves to be in the 70s but they ended up being 11th and the next year they were 6th. He had a personal experience that allowed him to teach this lesson of thinking highly of ourselves. He mentions we should not overestimate ourselves either but when building a business it is okay and helpful to expect success, this leads to success. I remember when I was in elementary school we all had an art project and then it was entered into a contest, I am not an artist and do not excel in that area but when we went to where they announced the winners I had won third place. I had done a little drawing of some penguins and I was so excited that I had placed even though I did not expect it at all, even though that happened a long time ago I still remember it because it feels good to do better at something than we expected ...
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Week 09 Reflection: Entrepreneurial Journal

 Good is the enemy of great. While studying this week, this was a lesson I learned. It said that good is the enemy of great because it is easy to be good. This is not business related, but I played tennis in high school. I practiced two hours a day during the season, and often up to 6 hours during a day in the summer, but guess what. I was only good, I was not great. I placed third in the district and qualified for state where I would sometimes only win one match or maybe not win any. This is a confirmation that the people that are great at something they do are great because they put more time in than anyone else. I felt like I put in a lot of time, but the great were easily practicing tennis more than I was during the season and in the summer. I could make excuses, I lived in Rexburg, Idaho so it was hard to practice in the winter, neither of my parents played, but these are only excuses. If I wanted to be great I could have put more time in. This lessons teaches us the same with...
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W08 Reflection: Entrepreneurial Journal

 One of the videos from this week's reading had a quote that said "well that's good, but what's your next best idea?" This was said by David Carrington. This was said in the topic of low hanging fruit. Low hanging fruit are the ideas that are easy to reach but might not be our best ideas. It is natural for us to want to go for the easy idea, or the first idea we think of. This quote from the video tells us to remember that the first idea might not always be the best idea. We should consider our options and go for the idea that will take us far and help us achieve our goals. He also talks about thinking solution to problem, and not problem to solution. Both of these pieces of advice will be very important in my journey. These things take time, not only time to build, but time to think of the idea that will work the best.  We also watched a video of Taylor Richards this week. He talked about involving the Lord in our steps along the way. I think this is the most imp...
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W07 Reflection: Entrepreneurial Journal

 Put first things first. I strive to be an optimistic person, and I have felt that this habit makes that easier. Put first things first is the third habit from Stephen Covey's "Seven Habit of Highly Effective People." The book says "t he heart of effective personal time management is to spend the maximum time possible doing important jobs in a non-urgent atmosphere that increases your efficiency." It is very easy for us to start getting ahead of ourselves and overthinking which leads to us to forget about the task at hand. I often found this happening with my friends during college when we were trying to make plans and something unexpected happens and we start trying to solve that problem before we even know what the options are. This is a low stress environment obviously, but the concept is the same. This is also how it helps with optimism, because instead of getting caught up in the problem you look for the solutions, and fairly often the solutions end up solv...
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W06 Quiz: So You Want to Be an Entrepreneur?

 There was a quote from this week that has really stuck with me. The quote said:“The first and best victory is to conquer self; to be conquered by self is, of all things, the most shameful and vile.” I liked this quote because it teaches us a few different lessons. One lesson I got from it is that we should not be too hard on ourselves. We should learn to conquer ourselves. To me this means we should learn it what ways we can be the most productive in conquering the things of this world. We all have different areas we struggle in, but we can learn how to best react to these areas. I, for example have difficulty in studying extra outside of typical assignments in school. Throughout my time in college I have learned that the bigger issue is after class I have a hard time studying or doing homework so I prefer to get up early and study and do homework before class. This also helps because then I have studied the material beforehand so class makes more sense.  The other thing that...
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W05 Reflection: Entrepreneurial Journal

 This week we watched a video titled "A hero's journey." There were multiple things that stuck out to me during that video. I will share and talk about some of them. The first thing was the question the speaker asks himself. He asks "Do I really have what it takes to succeed?" This is a question we all ask ourselves. The bar is set high in life, there is a lot expected of each of us. I believe the important thing to remember is that success varies from person to person. Do we all have what it takes to be the richest man in the world? Probably not. We all come from different backgrounds and different circumstances that might not allow us to reach that level of success. We each of what it takes to be successful but that will be different for every person. Another part from the speech I liked is when he gives the idea to ask five people what you do better than anyone else in the world and to press for specifics. I have never done this exercise but I have heard of i...
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W04 Reflection: Entrepreneurial Journal

 This week there were three important concepts I learned that I want to apply for the rest of this semester and for my future life opportunities.  1. Creating a strategy for my life.  This concept is pretty self explanatory. Strategy is a plan of action. It is a natural instinct for us to create strategy. Whenever opportunities arise, good or bad, we create a strategy to overcome them. For example, last semester in school I took a class that encouraged us to create our grad plan in order to have all of our classes lined up and help us stick to the plan. This can be considered a strategy. I made a plan of action for me to be able to graduate. Some of the other actions to this strategy would be to get a job in order to pay for school, create an plan each semester on when to study and get my homework done on time. As I follow this strategy the steps to graduating will fall into place.  2. "We must pay attention to the small things that will help us to grow and develop ...
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