Week 9

I really enjoyed the readings this week. I liked that it talked about how important it is to stay current on technology in your business so you don't fall behind and get beat out by someone else. we also read that we much exploit all of our resources whether they are people, technology, or anything because the resource pool is vast and we need to exploit it as much as we can to help ourselves excel in the entrepreneurial world. This goes back to the importance of networking because networking can provide a wealth of resources that otherwise wouldn't be available to us. I also liked the talk by Elder Oaks because it talks about how it matters what we become not what has happened. I think this is applicable in life and in business because we need to learn from our mistakes and move forward with our live so that we can always improve and become better. I also liked reading about how entrepreneurs aren't just opportunistic but they are innovative. Often times we must come up with cost effective non conventional solutions to a problem and that takes a lot of innovation to come up with those solutions.

Week 8

This week I really liked watching the videos because they talk about how you should treat other people. In the business world I think it is very common to mistreat people. I have worked in many manager positions and customer service positions and I have seen how common it is for people to mistreat one another. I think it is common for upper management to mistreat employees and lower management because they think they are the boss and they know everything, when in reality it is important to listen to those who are in the store fronts and lower management then you are because they are on the front lines and often see things that upper management doesn’t.

I also liked reading about how it’s important for a company to trust its customers. One example I have of this in my life is buying a gun from Sportsman’s warehouse. The paper work was filled out incorrectly so I had to return the gun so they could sell it out to me again and fill the paper work out correctly. While in the store I was joking around and talking with the guys behind the gun counter while we fixed the problem. As we were doing this the manager walked up to apologize for having me come back in and had one of the sales associates ring out a box of ammo for me for free. I wasn’t there throwing a fit or angry, rather I was there having a good time and they still gave me free ammo. This act alone has made it so I will always go to sportsman’s warehouse first. 

Week 7

What I really enjoyed about this week in class was learning about how we need to keep pushing forward even when things get tough. I like when Elder Holland said that no matter what we must keep pushing forward. He said that we must do that in all parts of our lives. I think this is very applicable to business because as we have learned this semester, there will be a lot of hardships and struggles as entrepreneurs. During those hardships we will want to give up and throw in the towel, but as Elder Holland taught, things will get easier and we will achieve our goals because nothing great in life comes easily.

I also liked the story about the guy whose mom put him on the roof when he was a kid and said he couldn't come down until it was fixed. He realized that his problem wasn't fixing the roof, it was figuring out how to get off the roof. He realized that even though he didn't know how to fix a roof, he could find someone who did and could help him. I think he later applied this to his life in his networking. He understood that he didn't need to know how to do everything, he just needed to know people who knew how to do the things he didn't.