I have really enjoyed learning how to become a good leader.
I think my favorite part of this week was the talk by President Kimball. I
generally always like reading their talks but this one really resonated with
me. My favorite part was how he talked about Christ being a listening leader.
That is something that is so important in not only running your business but
also in your daily life. Everyone wants to be listened to and to feel like they
are actually heard. I know that as an employee I enjoy having my boss respond
to me in away that I can tell they heard me. Too many people listen but don’t
hear anything. When you own your own business you have to make sure that you
are listening to your employees, when you do they will be more willing to make
sure your business runs as well as they can. The other thing that this talk
made me think of was responding with out being condescending. This is something
that really makes a difference in how people are going to respond to you. I
want to make sure that I always treat people with respect and in a way they
deserve. $100 challenge is coming along nicely. I’m really impressed with how
smoothly it is working out to be. Hopefully it stays that way.
Entrepreneur Journal
Saturday, June 9, 2012
Saturday, June 2, 2012
decisions, decisions
I enjoyed this week much better than last because I didn’t
have to record myself, I very much hope that I don’t have to do that again this
semester. I would have to say that my favorite activity from this week would
have to be from the Zappos video. I had never heard of paying your employees to
quit, but I can see why it is beneficial. The major benefit that I can see is
that you only end up with those people that really want to be there and are
invested a little to your company. On the flip side, I know that I have taken a
job just to get paid and I don’t blame anyone for doing so. It just gets to a
tricky place when you are faced with a decision like that. I know that a lot of
people would take the money for quick cash, however that will only last for so
long and eventually they will be out looking for a new job. I guess I’m a
little tender hearted but I think I would have a hard time doing that even
though I can see the benefits from it. I really have no idea what I would do in
that sort of a situation. I suppose this week has made me think a lot about
what I would and wouldn’t want to do with my future business. And now on to the
$100 challenge. I am slowly getting ready to start advertising. I had no idea
that it took so much. I guess it’s a good thing that I’m learning now. We will
just have to see how it goes.
Saturday, May 26, 2012
Oh the Video
This week has been kind of dreaded. I really did not like
recording myself for the elevator speech. I already have a hard time getting in
front of people I know and talking, but getting in front of people that I haven’t
nor ever will meet was something entirely new and uncomfortable. None the less
it is something that I will have to get over if I ever want to be successful in
life. My favorite thing this week, as it seems to be most weeks was the action
hero video. The men that I have seen thus far on the videos have really
impressed me. They have worked so hard to get where they are and it gives me
hope that I could, possibly one day, be just as successful. I really enjoyed
Phil’s video. You could tell by the way he was talking that he really loved
what he did. What really impressed me was that he wasn’t afraid to try new
things or to move on when his time was done. I can see myself having a hard
time with this. I think that it would be really hard to walk away from
something when you have put so much time and effort into it. I guess its just
something that I will have to get used to. The final thing about the video that
I really took to heart was never to sell something that you don’t love. If you
aren’t loving it then it will come across and your customer wont love it. That
right there is something that should be taken to heart.
Friday, May 18, 2012
Easy Breezy? Not so much...
Some people may say that online classes are easy and that
you don’t really have to put any effort into them. Well I would beg to differ.
This class hasn’t been so far out of my capabilities but it has definitely
helped me to expand my abilities. This past week as far as class has gone and
been good. I really enjoyed all the readings that were assigned from general authorities.
I especially liked reading Elder Wirthlin’s talk. I am not the greatest at
budgeting my money but I’m not terrible at it either. However, since I am
getting married soon it would be good to start being better. I suppose that is
why I liked reading his talk. I loved his 5 keys to financial freedom. The one
that really stood out to me was talking about spending less than you earn. I
can see how this would be very important but I have a hard time believing that
it is easy for a business owner to do. I suppose that it can be done but I’m
sure that it takes a lot of practice. I think this week really helped me to
know that I can be in control of how much I let money run my life. I don’t want
to be in so much debt that I feel the burden on me all the time and these
lessons have really helped me learn ways of being able to avoid that. The $100 challenge,
where to begin. I’m getting anxious to start running my own “business”. I just
really hope that all turns out well and that I can get over this nervousness.
Friday, May 11, 2012
A week of learning
This week, as far as the class goes, has been very good. I
am finally feeling like I understand what I am doing. The assignments that have
been given this week have really helped me learn and understand a little more
as to what will be expected of me if I ever want to start a business. I really
enjoyed the case study about Heather Evans and her start up. I feel like I
would never want to start a business right off of coming out of school. I think
that it would be beneficial to me to work for someone in the same industry that
I’m interested first. I feel as though this would give me a good idea as to how
to maybe run my own business. I could see what worked and what didn’t work. The
other thing that I really didn’t like that Heather did was that she sat around
and waited for the investors to approach her. I have always been taught when
looking for a job or something along those lines, that “the squeaky wheel gets
noticed”. The other thing this week that I also really enjoyed was the short
reading from Richard Branson. He made a lot of really good points. Most of them
weren’t really anything too new but it was good to get a refresher on them. He
explained his reasoning’s behind his decisions really well. Finally we come to
the $100 challenge. I am still not sure where I am going to take this. There
are so many different ideas that sound good but who knows if they will really
be good. I guess that’s the reason it’s called a challenge.
Saturday, May 5, 2012
Points of Pain? I think so!
This week has been one of much learning and stretching myself.
It has been very difficult for me to figure out what my “big ideas” are. I have
never seen myself as an outgoing person or one who would just automatically be
able to list out everything that I want to do with my life. And I am still not
that person. It took me so long to come up with a list for the points of pain project.
But as I look back on it I am amazed at how wide my ideas have reached. It will
be interesting to see if anything ever comes of that list. Through my readings
and studying this week I was really shocked to see the list of things in the article
“5 company naming mistakes that can kill your start up.” As I was reading the 5
points, I was stunned to see certain things on it such as being very literal
with your name (naming your business after exactly what your product or service
is). I couldn’t help but think about all the business I know that have done the
things that they advise not doing. But I suppose that this list may not be
something that affects every company. That was something that I had to keep in
mind. This week has also helped me get the ball rolling on my $100 challenge. I
am getting, slightly, more excited to start my own little business. It will be
interesting to see if I am able to do as well as I hope to do. I guess we will
just have to wait and see in the coming weeks.
Hero Tom Monahan
I was really impressed with Tom Monahan. He had a “go get ‘em”
attitude. What really impressed me was that they never let anything get in
their way. They could have let the owner not allowing them to use his name
anymore ruin their growing popular business, but they just went with the flow
and made it work a different way. Because of that they are one of the biggest
pizza places in America. It really showed me that you can’t let things get in
your way of reaching your goals. You have to just keep pushing through no
matter what. That’s something that Domino’s has done, they have rolled with the
punches. This is something that every business has to be able to do to become successful.
I was also impressed with how he was willing to give his money to charity. Too
many people in this world are so obsessed with trying to make millions of
dollars that they forget sometimes where they come from and don’t give back. I
find it admirable that Monahan didn’t do this and that he could be so selfless.
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