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Showing posts from March, 2021

Week 12: Becoming a Changemaker

 Things I learned: This week I read an article titled What's a business for , by Charles Handy. It was interesting to see the amount of distrust that existed against the executives at corporations. According to a study, 43% of Americans believe that senior level executives are in it for themselves, while in Britain that jumps to 95%. As a result of this amount of distrust that exists against these corporations, many people are hesitant to invest in these companies, because they do not believe they are out to help society. This will in turn lead to a decrease in the production that these companies will be able to have, causing a deadweight loss to society. It is important in business to constantly show that you have the consumers best interest in mind. As you constantly try to be honest and have integrity in business, it will allow for people to gain more trust in the business, and allow you to be more successful. People are reluctant to buy from a business they don't trust. Acc...

Week 11: Measure the cost

Things I learned: Money is not the most important thing out there. It is more important to be a good person. As you focus on trying to make difference, you will be doing something bigger than just trying to make money. Entrepreneurship isn't about trying to make the most money. A quote that I thought was interesting was," Regardless where you end up in the rat race, you are still just a rat." It won't matter in the long run how much money you made, but rather it will be more important the kind of person you were. As you try to be a good person, that is what people remember about you. On the other hand, you need to do something that makes money. You can't just refuse to make money just to focus on being the best person. You need to make a living, not just because you need to live, but there will be others that will be dependent on the income you make. Money won't lead to higher levels of happiness. It is important that regardless of how much you end up making, ...

Week 10: Dream big dreams

 Things I learned: This week I learned about the importance of setting high goals. There always needs to be something else to aspire to do. There is never going to be a point of the mountain. There is always something else to achieve. It doesn't matter what you are doing, there can always be something else to accomplish. Never look at where you are and decide that it is good enough. Getting contempt with where you are will keep you from getting to where you could be. It is important to constantly reevaluate where you are in terms of your goals, and what new goals you could make. It is important to set goals in terms of the business that you have, along with goals for yourself as a person. In the end the only thing that matters will not be what you accomplished with your business, but rather what you accomplished as a person. People will remember you for the kind of person that you were. Always try to evaluate where you are in your journey of becoming a better person, and what you n...

Week 9: Leadership

 Things I learned: In order to be a good entrepreneur, you need to be able to become a good leader. People are willing to follow a leader who leads by example. It is important to constantly demonstrate the principles and actions you want seen from others in your daily life. In order to get people to follow you, you need to become someone who people would want to follow. It is important to constantly demonstrate the qualities of a good leader at all times. Leading is key to entrepreneurship, because achieving any goal is impossible on your own. You need the help of others to get anything accomplished. In order to get people onboard with your vision, you need to demonstrate that this goal is something that they should be passionate about, by showing your passion. It is important as a leader to create a culture within your company that will allow you to achieve the most. Leading is the most important tool you can have as an entrepreneur, because without a leader, no one will know the ...