Week 13 Thoughts and Quotes
Thoughts:
This weeks readings continue to solidify my stance on how we should balance or lives and the directions we need to go to make that happen. What I’ve noticed from reading and watching the videos is figuring out where you are at in your life and the struggle to decide which direction is best to get you to where you want to be. As always, making goals are a huge part of that. Most of the advice I’ve noticed throughout the semester and especially this week in watching the videos is in regards to starting things out right out of college. Most videos agree to start with an enterprise to get your feet wet before moving on to your life’s greatest desires. They caution to make a job fun! Don’t go into career knowing you are going to hate it but struggle to get through it for a few years. You should take a job that matters to you and that you will enjoy.
My final takeaway this week is in regards to your entrepreneurial business. You’ve started it, it is beginning to grow, but now you just need to make sure your business will succeed into the foreseeable future. You can do this by projecting and checking on your competition and other ideas that are already implemented in your business as well as through other businesses. It is almost scary thinking about how to keep your business alive and thriving.
Quotes:
But perhaps the most important premise is that if we are to make full use of our opportunities in life, we must know ourselves—in particular, our strengths and our weaknesses. We must look at our capabilities and see how they compare with those who might be directed to the same goal. We must, if we wish to be successful and make a difference in the world, choose an area where we have a comparative advantage and where our best can be significant no matter how limited the area.
This weeks readings continue to solidify my stance on how we should balance or lives and the directions we need to go to make that happen. What I’ve noticed from reading and watching the videos is figuring out where you are at in your life and the struggle to decide which direction is best to get you to where you want to be. As always, making goals are a huge part of that. Most of the advice I’ve noticed throughout the semester and especially this week in watching the videos is in regards to starting things out right out of college. Most videos agree to start with an enterprise to get your feet wet before moving on to your life’s greatest desires. They caution to make a job fun! Don’t go into career knowing you are going to hate it but struggle to get through it for a few years. You should take a job that matters to you and that you will enjoy.
My final takeaway this week is in regards to your entrepreneurial business. You’ve started it, it is beginning to grow, but now you just need to make sure your business will succeed into the foreseeable future. You can do this by projecting and checking on your competition and other ideas that are already implemented in your business as well as through other businesses. It is almost scary thinking about how to keep your business alive and thriving.
Quotes:
But perhaps the most important premise is that if we are to make full use of our opportunities in life, we must know ourselves—in particular, our strengths and our weaknesses. We must look at our capabilities and see how they compare with those who might be directed to the same goal. We must, if we wish to be successful and make a difference in the world, choose an area where we have a comparative advantage and where our best can be significant no matter how limited the area.
There are a number of potential threats to the durability of an entrepreneurial venture. Fortunately, there are ways to address them: (1) pay attention to stakeholders (including regulators); (2) build entry barriers; (3) develop distinctive competencies; (4) continually scan the horizon for changes; and (5) be quick to address both threats and opportunities.
I think that’s where you lose your balance, when you forget the simple things.
“I do believe that I am a better worker and leader if I feel balance in the rest of my life. And, although I can never be perfect in how I approach this balance, at least I know that I am continually striving for it”
Comments
Post a Comment