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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