BYUI Bus110 - Entrepreneur Journal

Dream Big When it comes to being entrepreneurs, we ‘should discard the notion that entrepreneurship is an all-or-none trait that some people or organizations possess, and others don’t.” This is an inspiring line that I know will come in handy anytime I feel like throwing in the towel during frustration moments in my journey as an entrepreneur. I thought these questions from the reading were spot-on to start off with being an entrepreneur especially in this fast-changing world of technology: Where is the opportunity? How do I capitalize on it? What resources do I need? How do I gain control over them? What structure is best? From the reading I understand why some corporations and companies keep growing. They keep “developing new products, services, markets…make a practice of innovating, taking risks and showing creativity and they continue to expand.” I understand from this part of the reading why when Samsung washing machines started having problems a couple years ago, I used to as...

Important things to remember One of the things that stood out from this week’s reading to me is this quote from Elder Bednar’s talk, Brigham Young University Idaho – A Disciple Preparation Center, “The first principle of the gospel is not simply faith, but faith in the Lord Jesus Christ.” This is something I told myself while I was reading that I need to always attach the Savior’s name to faith so that I always remember it is not just faith but faith in my Savior, it sounds more meaningful and not mundane. Another quote from the same talk that was eye opening, “The Lord’s disciples shall not fear. Precisely because such disciples are prepared, they shall not fear.” I have to keep this line in mind because it is easy to feel fear when everyone around you has the same fear. Whatever is happening can have a ripple effect in those who do not have the same understanding as us but if I keep in mind the things I have learned, the prophies that are being fulfilled and those that are yet to c...

  Overcoming Challenges I learn so much for Sister and Elder Holland’s talk this week. These are some of the things I learn: Sister Holland’s talk was inspiring to me. She said, “The only limitations you have are those you set on yourselves…sometimes we cannot recognize the real purpose and significance of the moment…because too many of us learn only through our heads and not through our hearts.” I thought to myself, how true is this statement! I have dreams and goals that I feel are so out of my reach without even trying or starting because of such words I tell myself such as I am not smart enough and not good enough to do these but I realize think the way I think because I use my head so much that I forget that heaven above knows me and that Heavenly Father speaks to me through my heart that if I listen with my heart I can do anything with God’s help. Elder Holland said, “It is simply a truism that nothing very valuable can come without significant sacrifice and effort and ...

  Which of the 7 habits has the most meaning for you? Habit number four, Win/Win has the most meaning to me because as Jim Ritchie puts it, “In order to win truly and build characters you must also include a path for our friends and partners and even our competitors to also win.” This line made the Habit #4 felt not only as a habit to master in order to benefit you in this life journey but also to look at it with a spiritual perspective. We are to help others in life progress, help them become better human beings than you first met them. As we are taught in the church to love others as you love yourself, help build up the Lord’s kingdom by sharing, loving and caring for our neighbors. I reflected on this line from the video, and asked myself, what good is it if I am successful in life, build a life of comfort for myself and my family and not help a single person or someone become better like myself also. What is more eye opening is that it mentions “even our competitors to also...