Jackson Entrepreneur

 7 /20/24 Entrepreneur Journal -Week Thirteen-      Lessons Learned           Of everything in this week's study that I enjoyed, there was one aspect that I felt really stood out for me. I felt that the information in this video applied perfectly to me and what I have been going through this week. I am talking of the first video which describes the most common pathway that leads to success. The author describes first how he thought that most successful people would get their start in investment banking or as an entrepreneurs. However, he describes how, through research, he discovered that the most effective path was to get your start in the C suite of a large company and take that knowledge to your next company. He stated that this was the most common and effective path to success in the group of people that he studied. Although you can gain a lot of value in other pathways, the author stated that this was the best. This surprised m...

  7 /12/24 Entrepreneur Journal -Week Twelve-      Lessons Learned           In the text this week we read about the values of virtue and integrity and how they can positively or negatively affect an economy. The author Charles Handy argues that these values are important because business is a system that relies on trust. To a certain fundamental degree, the business world would not function as intended if the values of virtue and integrity didn't exist. Elder D. Todd Christopherson of the Quorum of the Twelve Apostles gave a great talk on this subject titled "Sustainable Societies". In it, he argued that an economy or community is not held together by its laws only but instead by the integrity of the general public. He stated that laws are a desperate last resort to control an uncivilized people. We also read more of this in the book of Mosiah in the Book of Mormon. In it, King Benjamin explains to his people how they eradicated cr...

    7 /3/24 Entrepreneur Journal -Week Eleven-      Lessons Learned      Probably my favorite part of the material this week was the mini cases. I like the way that they made me think. Both  of the short stories provided pose a similar scenario to the reader. The short stories talk about a hypothetical situation in which the reader is forced to choose between his career or his family. The details differ, but the overall message is the same. The stories pose the question, what would you do? how would you react? I really like these kinds of questions because they force you to think. Although the chance of a similar situation happening is very low, these types of questions are still useful because when we can think about something beforehand, even hypothetically, we prepare ourselves for future events and scenarios. I appreciated how these questions forced me to think a little bit deeper and really put myself in the scenario to see how I wo...

   6 /29/24 Entrepreneur Journal -Week Ten-      Lessons Learned       There was a lot of good stuff this week in the study materials. I enjoyed all of the materials in this week's study. One of my favorites was the video with the title "Dream Big". I enjoyed the story that the speaker gave about his experience in the dealership competition. The author said that when we originally attended the event he placed himself in the top 70 or 80 dealerships. However, as they read the list off, he discovered that his dealership had been placed all the way at number 11! The speaker stated that he was thrilled and could not believe it. One year later, he attended the same ceremony and was ranked number 6. The author then described the fact that he had not aimed high enough initially in the competition. He didn't believe in himself or his team to a degree that would allow him to predict being in a top 10 spot. despite this, he received a high sc...

    6 /22/24 Entrepreneur Journal -Week Nine-      Lessons Learned      One of the things that I took away from this week's reading was pretty interesting. It's such a simple thing that can have such a big effect in the long run of a business. It's kind of surprising to me that I took notice of this piece of advice but I did. In one of the videos the speaker refers to the fact that he purposely hires people who are "nice". He says that by doing this he can build a cooperative and functional team. He spoke about how even having only one selfish person on a team or board of directors can mess everything up. The selfish person will take advantage of the nicer people to get what he wants and this will ruin the integrity of the discussion. For these reasons, the entrepreneur said that he sought after and specifically looked for nice people to hire for his company. He saw the trait of being decent or nice as a very important and valuable thing for ...

   6 /15/24 Entrepreneur Journal -Week Eight-      Lessons Learned      This week the biggest takeaway that I had was from the video that talked about the five whys and how we can apply them to our lives. The speaker begins by saying that this concept might be hard for certain people to grasp because it proves that behind every technical problem, there is actually a human error if we look far enough. The author then describes how one can more effectively address a problem using the five whys. He says that when we encounter a problem, we should ask why it happened, then why that happened, and why that happened, and so on. The author illustrates that by doing this we can discover the true cause of all of our problems and effectively solve them for good. We might be tempted to think that the solution to a surface-level problem is surface-level. However, the author states that these are only "band-aid" fixes to what are normally more complic...