Thursday, March 20, 2014

What would you do?

This week we had two “mini” case studies that made us think about potential real life scenarios that could occur in the life of an entrepreneur. I enjoyed thinking about these scenarios because it helped me solidify what matters most to me. Over the course of this semester I have come to the conclusion that true failure for an entrepreneur is a failed family. I always struggle a little when hearing about a successful entrepreneur who has been divorced but in the end their business was successful! Wrong priorities. But to one extent or another we will all face similar scenarios in our lives and I feel a large part of knowing what to do comes down to setting standards beforehand. The youth are told they only have to make the decision not to do drugs once, because once that decision is made it is not even an option anymore. I feel this is the same for all of us. I only have to make the decision once to keep promises to my children (and only make promises when I truly mean it).

Another topic I appreciated was the attitude towards money. It was nice to hear from an LDS perspective someone encourage us to be successful and be profitable. Then what it really comes down to is how that money is used. I don’t think it is any accident that the greatest examples of rich people are typically those that came from humble beginnings. They realize there is more to life and they are more giving with the money that they do have.

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