Entrepreneurial Journal Blog

 For this week I had to write a book report on Hero's Journey Field Guide. A Field Guide for the Hero's Journey is not a conventional business or self-help book. This is a collection of information and knowledge from entrepreneurs and educators that demonstrate the hero's journey. Some concepts were taken from Joseph Campbell's original hero model; however, this guide asks the reader to do some sort of meaningful work. This also involves embarrassing challenges and living your life with dignity and serving others. By using different stories and quotes the authors are able to grasp concepts that can assist an individual in becoming a hero not just in professional life but in life as well. One of the key concepts that stood out for me in the book was the idea of "Answering the Call".  The authors talk about how every single one of us has a unique calling and deep purpose that may be beyond money or status. Not everyone will answer their call; some take the easy ...

This week we went over mini cases and were told what we would do in each situation. In this first scenario it's talking about going to an emergency meeting with a big customer or going to your daughters recital that you promised to go to. Despite the customer being a big part of the business and losing them would make some financial complications later down the line, I would still be choosing my family. By making that promise to my daughter that is something that I am not willing to break. I know that breaking promises early on can skew how my daughter view me later in life even is she were to learn why I did it. On another note letting a customer control that much of my business is unhealthy and is something that I am not really willing to keep on happening. Losing the client will open networking opportunities to find new clients that are willing to work with me and not have as much of a hold on the business.  In the second scenario it talks about a Coach who got a great opportuni...

This week's issue is dedicated to entrepreneurship and self-improvement in the light of several readings and videos on what is needed to succeed in business and life. All of the readings were helpful in term of what it takes to be an entrepreneur. The readings include "The Challenge to Become" and "The Heart of Entrepreneurship" that emphasize the mindset and traits needed to cultivate an entrepreneurial spirit. The videos "Think Big," "License to Pursue Dreams," "Acton Hero Kathy Huber," and "Your Emotional Fingerprint" further illustrate these concepts through the telling stories of real-life instances and points of view. The personal transformation in "The Challenge to Become" includes a personal transformation towards achieving one's maximum potential. To succeed means one does not just learn facts or skills but instead becomes the person able to effectively apply them. It is compatible with the entrepren...

 This weeks readings is a great example that shows why leadership is an intricate part of business that is formed from trustworthiness, ethical values, and constant development of human and institutional capability. By "A Disciple Preparation Center" and "Leadership with a Small 'L'," it is known to us that top-management is not done just by one person in the leadership. Rather, leadership is a characteristic developed in any business endeavor. These papers argue that actual leadership is primarily a matter of leading by example, imitating leadership behaviors as integrity and responsibility, and making an environment where you can right an action. Good to Great reading puts more of a numbers perspective on these qualitative results. Jim Collins' "Good to Great" model emphasizes that companies can transition from being average to great when they build cultures based on disciplined people, disciplined thought, and disciplined action. The same pr...

 This week we did a discussion on overcoming challenges when it comes to business. Taking the time to think about this and record it was very helpful for planning in the future. I will go into some of the my Reponses that I gave to this discussion.  One of the greatest challenges to business may be embracing uncertainty, and your means of reaching there is attainable. Flexibility, with a good plan in mind in the scheme of things, is the formula to successful longevity. One of the more practical tools of navigating uncertainty is being able to use scenario planning. By setting other possible scenarios for certain instances in your company and plan mapped out for every one of them, you will ensure your company is prepared for a variety of things. Instead of just waiting for problems when they emerge and reacting, you will have backup plans established already so the change will be smooth when unexpected issues do develop. Aside from scenario planning, data analytics can also pro...