Entrepreneurial Journal Blog

  Entrepreneurial Blog – Final Reflection: The Journey of Preparation, Purpose, and Perseverance As this this course draws to a close, I find myself reflecting on the lessons that have shaped not only my understanding of entrepreneurship but also my approach to life and leadership. From Launching Leaders to Mastery and the Hero’s Journey , the recurring themes that resonate most strongly are preparation, purpose, resilience, and gratitude. If I had one final lecture to give aspiring entrepreneurs, it would center on the indispensable power of mindset paired with purposeful action. Entrepreneurship is not just about launching a business; it’s about launching yourself into continuous growth, learning, and service. Jim Ritchie’s concept of “Peak Performance” taught me that success hinges on preparation — not just skill, but mental and emotional readiness. We must develop a clear life plan, cultivate core values like financial self-reliance and leadership, and train ourselves to re...

 Entrepreneurial Blog - Week 13:  The Power of Gratitude and Resilience in Entrepreneurship This week’s study on gratitude and entrepreneurship deeply resonated with me, offering both practical lessons and inspirational insights that I will carry forward. Through the readings and videos, particularly the reflections from Larry North and President Thomas S. Monson’s “An Attitude of Gratitude,” I’ve gained a clearer understanding of how fundamental mindset and appreciation are to personal and professional success. From Larry North’s journey, I learned that entrepreneurship demands resilience and thick skin. His candid discussion about facing lawsuits, employee betrayal, and business failures highlights the reality that setbacks are inevitable. What stood out most was his emphasis on maintaining a positive attitude despite challenges. Larry’s story taught me that belief in oneself and in the community around you is essential—it acts as the foundation for enduring tough times and ...

 Entrepeneurial Blog- Week 12: Becoming a Change Maker This week’s reading from the “What’s a Business For?” article offered deep insights into the role of virtue and integrity in the economy, as well as the true purpose of businesses. On pages 3 and 4, the author emphasizes that virtue and integrity are foundational to a healthy economy because they build trust between all participants—businesses, customers, employees, and society. Without trust, transactions break down, and the entire economic system becomes unstable. Virtue ensures that businesses act ethically, treat people fairly, and deliver genuine value, which in turn sustains long-term prosperity and social cohesion. Charles Handy, a respected thinker on organizational purpose, argues that the “real justification” for the existence of businesses goes beyond making profits. According to Handy, businesses exist to serve society by creating value that benefits not just shareholders but all stakeholders—employees, customers,...