Entrepreneurial Journal

  This semester has been full of knowledge on the true meaning of entrepreneurship. Before taking this class my understanding of entrepreneurship was something like money hungry people who value success in life only about accumulating wealth. Thankfully my knowledge has deepened, as I now understand entrepreneurship is more then pridefully building an empire. If I were to give one final lecture about entrepreneurship it is to approach it as a way to be beneficial to all humankind. Finding a niche that provides people an avenue to have a better life is a great thing that we can all experience if we put our mind to it. There's nothing wrong with money in inherently in itself, as long as you use that money for good and not for evil. For instance, when you have one you are required to give a liberally. As disciples of Christ, we have agreed to take the name of Christ upon us and part of that is providing for the sick needy and inflicted. People who live in poverty have less opportuni...

  “An Attitude of Gratitude” by President Thomas S. Monson is a great reminder to appreciate those people in our lives that help edifies us along our journey. President Monson’s story about his Sunday school teacher Sister Gertsch helped me understand that my actions are seen by many young people in my neighborhood and ward. By giving service to those around me I can help other people feel the love of Christ. I hope I can help the youth I associate with become better followers of Christ and citizens of our country. When reading about the role of Entrepreneurship, I learned that the point where social needs, personal satisfaction and economic visibility meet you find a sweet spot for as successful entrepreneur business. Being successful isn't just about creating wealth, it is also about making other people's lives better. I also understand that many people want entrepreneurship as a way to become rich quickly, but for me I don't want to put riches over the success of my fa...

  This week's article “What's a Business For” by Charles Handy discusses capitalism, and some of the pros and cons as viewed by the world. Many people believe the word capitalism is evil inherently in itself, but it does not need to be. If a company demonstrates its mission is about bettering life other people they can prove that corporations can be virtuous and their actions and success bring the greater good of mankind all around the world. As Mr. Handy explains the real justification for business is not to make a profit but to make money so the business can grow to be something more or better. The real justification is to make social change. Profitable companies can promote social change because they have the money and backing of stakeholders to do so. In “Attitude on Money” by Stephen W. Gibson I learned that people see money differently. Just like glasses with a filter provided different view our upbringing also influences our adult view on money. For example, my parents...