Skip to main content

Cultivate

    It is hard for me to believe that I am nearing the end of my first semester back at BYUI, and that of one pursuing Entrepreneurial Business. What a great class this has been.  I have felt motivated, excited and encouraged by all of the great examples we have studied. This week has been no different.

    We started this weeks study with a talk by President Monson entitled "An Attitude of Gratitude". It spoke a lot about how we can cultivate that attitude in our lives. If we are able to do that we will be able to have more joy and be closer to the Lord. I will strive to do this more in my life.
    Then we studied 2 fantastic articles from the Harvard Business School. Both focused on how we can identify and exploit good opportunities for possible business. Something useful that I learned was that I need to think about my own capabilities and see how they compare with others that have the same ideas and goals. I  should seek out things that I am passion about in a realistic fashion and then exploit my own special talents. 
  In the article "Identifying and Exploiting the Right Entrepreneurial Opportunity.... for you"  it set out several ways to analyze whether different ideas were right for you in a business and a personal sense. I have saved them for later. In "Combining Entrepreneurship & Life"  it spoke quite a bit about the characteristics that entrepreneurs usually embody. One that really stuck out to me was that they are good at identifying patterns as they engage deeply with others. They are able to apply what they are learning to meet a need within a market generally before their potential customers even recognize they have that need.  

     There were also a few good videos that we watched. I am storing up all of this information so that I can utilize it later in establishing my own business. It is a big world out there, and my opportunity awaits. 

Comments

Popular posts from this blog

Be The Change

Wow this week just awakened something in me. I am so grateful to be a part of a business school that is encouraging me to look beyond myself to the world and how to make it a better place. In "What's a Business For" by Charles Handy he quoted something from Dave Packard. I feel like it sums up the intent of his article. Packard said, "I think many people assumes wrongly that a company exists simply to make money. While this is an important result of a company's existence, we have to go deeper and find the real reasons for our being. As we investigate this, we inevitably come to the conclusion that a group of people get together and exist as an institution that we call a company so that they are able to accomplish something collectively that they could not accomplish separately - they make a contribution to a society, a phrase which sounds trite but is fundamental." When we learned about micro lending from Muhammed Yunus I appreciated his willingness ...

Some May Say I'm a Dreamer

This week’s topics and assignments at first felt pretty daunting to me. I have a lot of ambitions floating around in my head all of the time, but now I was being asked to put them on paper with an organized plan. It left me pretty overwhelmed, as I began to write though, I felt like years of ideas were just spilling out and it was easier than I had originally imagined. Jeff Sandefer said in his article entitled Stars and Steppingstones Some choices only come around once: “The objective is not to craft a perfect plan—life and circumstances change too much for that. You can, however, chart a course toward a meaningful star, set philosophical guardrails to mark the path, and lay steppingstones to mark each step in the right direction. After all, it would be a shame to wander aimlessly through a journey we will all take only once.” I felt time pressing in on me as I laid a path to my dreams during this assignment. At 37, and currently working on my degree to be completed in the ne...