Showing posts with label honesty. Show all posts
Showing posts with label honesty. Show all posts

20 December 2013

Entrepreneurial Journal: Last Lecture

            I think the most important thing to do as a new entrepreneur is to set goals.  Don’t only think of goals you’d like to achieve, but write them down and plan the steps that are required to get there.  With specific goals written down, you will be much more likely to attain them.  Setting goals will help you to focus on what you want to accomplish.  Knowing what you want to accomplish will also help you to do so faster.  It is amazing how quickly your goals can become a reality when you stay focused and align your actions with what you want to accomplish.
            Another important thing to do is to believe in yourself.  Believe in your ability to be successful and to accomplish great things.  I think that people are often unsure of their abilities and are afraid to even attempt their big ideas or goals.  But that fear is what holds us back from being successful.  Dream big and make those dreams a reality. 
Be grateful for the people in your life and the experiences you encounter.  As we show gratitude to the things we have, we will be more content and satisfied with our lives.  This contentment can make it easier when we face challenges and difficulties. 
Learn from mistakes and don’t be afraid to try again.  Enjoy the journey to success rather than focusing solely on the destination.  Be generous and willing to help others.  Karma will take care of you as you care for others.
Always be honest with yourself and with others.  Never compromise your integrity, even if it means less success on the surface.  But if you are ever dishonest, your success will never be as satisfying as it would have otherwise.  Surround yourself with honest people that you trust and value.  Be willing to trust others and they will trust you in return.  This trust will lead to loyalty and you can build a wonderful network that you can rely on for a lifetime.

Be sure to do something that you enjoy – why spend your time and efforts on something that you don’t like or believe in?  Most importantly, maintain a healthy perspective of your work.  Being an entrepreneur requires a lot of time, effort, investment, and dedication.  But there have to be limits – especially if you have a family.  Don’t let your loved ones disappear into the background as you absorb yourself in your work.  Always make time for them and know when it’s time to “clock out” and be home.  Keep your life balanced.  A successful entrepreneurial venture isn’t worth much unless you have a supportive family that you take the time to spend time with.

30 October 2013

Week 6 - Entrepreneur Journal

Lessons Learned:
What is a business for?
This week’s readings and videos helped me to gain a better perspective on businesses and their purposes – or what should be their purposes.  It seems that today, so many businesses are simply concerned with the bottom line rather than what is best for the long-term success and growth of their company.  If you want to leave a true legacy, look beyond yourself, don’t worry about what investors or shareholders might think, and do what is best for the company as a whole.
We must always maintain integrity and be true to ourselves and others.  Honesty is vital for a company’s success.  While a company may feel like they can get away with some discrepancies or dishonesties, those things will always catch up with them in one way or another.  Virtue and integrity are vital for a company as well as for individuals.  Those qualities build trust.  If others do not trust you or your company, you or your company will suffer.  If we strive to  increase our virtue and integrity, people will trust us and our businesses will blossom.  Rationalization has plagued the society as business leaders fudge numbers and do what looks best at that moment.

I also learned more about the purpose of profits.  Profits should be used to do something more or better – not just to accumulate wealth and status.  We should make profits so they can become something greater!  Learning about this perspective has helped me to see the importance of using our resources to improve the world around us.