Measuring the Cost of Entrepreneurship. For some it is the right decision. For others it is not. Each person will have a unique answer and reason. For me being an entrepreneur doesn't mean being dependent on the income a start up will make. It doesn't mean being my own boss or setting my own hours. For me being an entrepreneur is being a productive member of society and living a life that is fulfilling for me.
Formula for Success - President Monson discusses the parable of the talents. Each of us has been given talents and it is up to us to decide how we will use our talents. Do we know what our talents are? Will we be satisfied with what we have been given? Will we strive to develop what we have been given? Will we seek to develop additional talents? These are questions we must ask our self. We have been taught that if we will take what we have been given, develop it and look for more opportunities, the opportunities will be given to us. If we do nothing we can expect nothing.
Is Life Balance Possible - This is the key question I think this course is trying to have us understand. For some being their own boss can create balance. For others like me, I need the balance that comes from working for someone else. Something that takes me away from the everyday environment and allows me to feel successful. Owing a business wouldn't allow that kind of balance in my life. The constant stress of work spilling into family time would take a toll that woudn't be worth it. Part of creating balance is making sure that you are in control of your career/business and that you don't allow the career/business to begin controlling you. If you allow this to happen you stand to lose more than your business will ever provide.
Mini Cases - What are you willing to sacrifice in order to be successful? Will you miss your children's activities? Will you allow clients to dictate the terms? These mini cases allowed us to determine what our values are and what we are willing to sacrifice for success. These are important decisions to make prior to accepting a position or starting a business. You and your family need to be on board with the values that you consider most important.
Attitude on Money - Money is not the root of all evil - The love of money is. In this essay we discussed what role money plays in our life and how money can be used to bless others. We have been taught that being wealthy is all fine and good as long as we use our money for the right things. We should consider the story of the Good Samaritan. He used his wealth to provide for one who could not provide for himself. He didn't just provide the minimum instead he provided all that was necessary to improve this man's life. We need to look at our increase and consider how we can best use it to build the kingdom of God.
Life Liberty and the Pursuit of Happiness/Mentor Session 7 - What are you willing to sacrifice to achieve your dreams. This article reminded me of the movie staring Will Smith, The Pursuit of Happyness. He was down on his luck his wife had left him with his young son. He had to humble himself to survive the challenges he had to endure but his son was part of what kept him motivated and helped him achieve his dream. The message really is that family is the most important thing and they can help get us through anything. Without family I don't think Will Smith's character would have been able to achieve as much as he did. He found happiness and shared it with others. In the church we learn that family is central to God's plan for his children. We are not taught that money and career are central to His plan. There are many poor people who are much happier than those with lots of money.
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