Friday, October 17, 2014

Week 4

I had such a great week in class this week and I learned some really valuable lessons. I really enjoyed reading a little bit of So you Want to be an Entrepreneur. I think I'm really going to enjoy this book. I'm also looking forward to starting Mastery this week. 

Some of my favorite things from this week from the various readings:

Some of the hardest decisions in life are choosing between two right answers 

What matters most is not the prize at the end but how the hero has changed in the process

There is only a .0006% chance of becoming a "rock star" entrepreneur

One of the most important questions you can ask yourself is, what are my values and what do I care about? 

Elder Faust discussed qualities you should have that would bring opportunities and blessings: 
  1. 1. 
    How to organize and use time wisely
  2. 2. 
    The importance of hard work—that you reap what you sow
  3. 3. 
    Leadership skills
  4. 4. 
    People skills
  5. 5. 
    The value of gospel study
  6. 6. 
    Respect for authority
  7. 7. 
    The importance of prayer
  8. 8. 
    Humility and dependence on the Lord 
After reading the Sandefer article my favorite takeaway was: 

"Entrepreneurs become successful, one small investment at a time, in a never-ending 
process. Because entrepreneurial success isn’t a destination, it’s a journey."

I always enjoyed learning about the 10 most common traits of successful entrepreneurs:

Persistence
Confidence
Vision
Action
Dedication
Faith 
Integrity
Adaptability
Courage
Communication

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