My Entrepreneurial Journal - BUS 110 at BYU-I

As I'm sitting down to write this final reflection, I'm realizing this course was so much more than just a class on entrepreneurship. It was a profound journey into what it means to live a life of purpose, and I've been reflecting on the lessons that have stuck with me the most. I've realized that the entrepreneurial path isn't just about building a company; it's about building yourself. If I had one final lecture to share with a group of students, I wouldn't spend it on business plans or market analysis. Instead, I'd talk about the "why" behind it all. I'd tell them that the true purpose of a business isn't just to make a profit. As Charles Handy argued, profit is just a tool to keep the business community alive; the real purpose is to be a community that serves others. I’d share the wisdom from the "A Hero's Journey" video and challenge them to measure their success not by their bank account, but by three powerful questi...

I've been thinking a lot about the readings and videos from this week, and it's amazing how much they've made me re-evaluate my own career and life goals. The whole module on entrepreneurship and finding the right job really hit home for me. I've always had this idea that to succeed, you have to find one thing you're good at and become an absolute expert in it, but the "Avoid the Wrong Job" video completely challenged that. The idea of being a generalist instead of a specialist was a game-changer. The speaker, Stan Christensen, argued that people often make the mistake of specializing too early because they think it's what's expected of them. But he pointed out that being a generalist is more fun because you get to work on different projects. It also makes you more adaptable in a world where specialized knowledge can quickly become irrelevant. This really resonated with me because I’ve always felt a pull toward exploring different things, and now I...

This week's study materials really challenged my perspective on the purpose of business and the role of money in our lives. The articles "What's a Business For?" and "Attitude On Money" provided a lot to think about, and I found myself reflecting on how these concepts apply to my own goals as an entrepreneur. Part 1: The Purpose of Business Based on pages 3 and 4 of "What's a Business For?", virtue and integrity are absolutely vital to an economy. The article makes a compelling case that without them, a company's success is not only limited but ultimately unsustainable. Handy argues that a lack of trust—the very foundation of any economic transaction—leads to increased regulation and scrutiny. When people can't trust businesses to act with integrity, the government has to step in, which can stifle innovation and growth. It's like the foundation of a building; if it's not strong, the whole structure will eventually crumble. Virtu...