Luke's blog for Intro to Entrepreneurship

 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 ...

 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...

 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...

 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...