Entrepreneur Journal

Date: 03/31/16

Lessons Learned:

1. This week was a very interesting week, we learned about gratitude and how being thankful doesn’t only make you happier but it also can make you more successful in business. I learned that by not only feeling thankful for everything, but showing it to the people I work for or with I can make my business life happier, more satisfying, and quite possibly be more successful.

2. We also learned this week about not living a double life, how we should be the same person in every group, place, or time. If we care not consistent with our actions we will be living a double life and one life will spill over to the other. Eventually we will no longer know who we are and we will be a different person than we were before.

Lessons Not Yet Learned:

1. I was taught this week to include my spouse in everything I do, even in business and finances. I need to learn to follow that advice and include my wife in every way possible. It should not be all that hard to do, but I know that I have a great deal of room for improvement in this subject.

Word Count: 210

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Entrepreneur Journal

Date: 03/17/16

Lessons Learned:

1. This week we learned the importance of balancing business life and work life. We learned that no matter what you accomplish in business it is not worth it if you lose or neglect your family. The 2 mini-case studies that we had to ponder about really put us into two difficult situations that we had to think long and hard about.

2. We also learned about the difference between happiness, satisfaction, and fulfillment. They are all good things but the most important one is definitely fulfillment and often if you pursue the first two too much you end up with less of the third. I for one would give up immediate happiness or satisfaction for future fulfillment.

Lessons Not Yet Learned:

1. I need to learn the principles taught to us from “the richest man in Babylon” how we should pay ourselves, set a budget, and put everything else in savings. By following those principles we have the ability to make, save, and invest enough money to retire in 11 years just like Jim. I know that it is going to be very difficult but I know that I can do it. The future fulfillment id definitely worth the reduced immediate happiness and satisfaction.

Word Count: 215

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Entrepreneur Journal

Date: 03/10/16

Lessons Learned:

1. This was a very interesting week, with the sell anything project my group did quite well. We sold around $240.00 but we spent about $80.00 on supplies. So we are going to donate about $160.00 to help single mothers in Hatti to start their own businesses so that they can help their children have a better life than they did.

2. We also learned about becoming all that we can become. We heard from Elder Dallin H. Oaks about what is required of us to become converted. It isn’t just about having a testimony, we must live a life fitting the gospel and share our testimony with other people.

3. This week one of the readings was “How Entrepreneurs Craft Strategies That Work” it taught me that when it comes to staring your own business you need to act quickly but be sure to research the subject enough that you don’t take unnecessary risks. There is a sweet spot between planning paralysis and no planning at all.

Lessons Not Yet Learned:

4. We learned that the best sales people are not introvert or extroverts but ambiverts. I need to learn to think like an ambivert instead of introvert, I need to be both outgoing and know when to hold my tongue.

Word Count: 222

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