10 things to remember from Professor Frank Levinson at Standford University. He suggests there are ideas that will help any business to be successful and these are his top 10.
10. Invest in great people and great equipment - Not furniture.
9. Name the company and put up a sign.
8. You need little capital - Use too little money.
7. Use common sense - You must have customers.
6. No pride - Whatever it takes to stay in business.
5. Have a supportive family.
4. Follow your standards - Good moral values.
3. Develop a culture where new ideas are expected - Customers bring ideas.
2. Sales - Real sales and customers in business.
1. Choose a great partner.
Saturday, January 26, 2019
Honesty is the Best Policy
I have an amazing brother-in-law that has great entrepreneurial skills. He has opened multiple home healthcare businesses and also manages a top-of-the-line rehabilitation center. He is very successful as a business man although, some partners over the years have made negative choices that ripple out to affect so many others. Some partners have been dishonest. They have stolen from the company, or stolen from other coworkers knowingly committing fraud. It is a tragedy for all involved when someone is deceitful. I have watched my brother-in-law rise from the sludge of these experiences to find his own way above the muck. His character has shined through to show that despite being lied to and cheated on their can be goodness in work environments and prosperity for good business.
Thinking about the kind of business woman I want to be I notice great advantages to having integrity and being honest with those involved. Having good moral qualities can be beneficial in more than just a work environment, it spreads throughout life, family, and the people we meet.
Thinking about the kind of business woman I want to be I notice great advantages to having integrity and being honest with those involved. Having good moral qualities can be beneficial in more than just a work environment, it spreads throughout life, family, and the people we meet.
Friday, January 18, 2019
Begin with the End in Mind -Stephen R. Covey
Life is filled with choices. When I focus on where I want to go in the future, then I will already know the choices I need to make right now. I've learned a concept about our stars and stepping stones. Stars are the goals I want to accomplish and the stepping stones are the steps I need to take to get to my stars. Ethical guardrails are the daily choices we make that keep us on track.
The Last Lecture is a book by Randy Pausch. It is one of my favorites. He gave many great lessons and insights into life in an entertaining way. Looking over notes for my entrepreneurship class this week I realize I wrote down lots about the work that needs to be done. Randy Pausch talks about the brick walls. "They are there to prove how badly you want something." I'll have to remember that because I know that those walls come. Having a positive outlook and knowing my stepping stones to get to the end will help me make it over or around those walls.
Randy Pausch was able to achieve so many of his childhood dreams because he was optimistic. He knew there would be work and he was willing to do whatever it took to get there. He held fast to the dreams he had and accomplished many of them. This is important because the dreams we have as a child are connected to what is in our hearts. It is a decipher of what will be most important to us. My main dream as a child was to be a mother and I have achieved this. When I look at my children I feel so blessed. Being a mother is so much better than I ever imagined. Another dream I had was to be a movie star. That will never happen. I was in plays and drama for years, I even got a scholarship for college, but when I started college things were different. I didn't participate like I should have. Regrettably I lost my scholarship. Looking back I learned great skills from my drama classes and the performances I participated in. I learned stage, communication, public speaking, memorizing and appearance skills were important in many aspects of life. Randy Pausch also said that, "Experience is what you get when you don't get what you want." Drama wasn't the right place for me, but I learned a lot. Now I am glad it didn't work out because I wouldn't be where I am today if it had.
The Last Lecture is a book by Randy Pausch. It is one of my favorites. He gave many great lessons and insights into life in an entertaining way. Looking over notes for my entrepreneurship class this week I realize I wrote down lots about the work that needs to be done. Randy Pausch talks about the brick walls. "They are there to prove how badly you want something." I'll have to remember that because I know that those walls come. Having a positive outlook and knowing my stepping stones to get to the end will help me make it over or around those walls.
Randy Pausch was able to achieve so many of his childhood dreams because he was optimistic. He knew there would be work and he was willing to do whatever it took to get there. He held fast to the dreams he had and accomplished many of them. This is important because the dreams we have as a child are connected to what is in our hearts. It is a decipher of what will be most important to us. My main dream as a child was to be a mother and I have achieved this. When I look at my children I feel so blessed. Being a mother is so much better than I ever imagined. Another dream I had was to be a movie star. That will never happen. I was in plays and drama for years, I even got a scholarship for college, but when I started college things were different. I didn't participate like I should have. Regrettably I lost my scholarship. Looking back I learned great skills from my drama classes and the performances I participated in. I learned stage, communication, public speaking, memorizing and appearance skills were important in many aspects of life. Randy Pausch also said that, "Experience is what you get when you don't get what you want." Drama wasn't the right place for me, but I learned a lot. Now I am glad it didn't work out because I wouldn't be where I am today if it had.
Wednesday, January 9, 2019
In the Beginning
I was reading in the scriptures the other day, Alma 32. Alma is teaching about comparing the word to a seed. In verse 42-43 he says,
42 And because of your diligence and your faith and your patience with the word in nourishing it, that it may take root in you, behold, by and by ye shall pluck the fruit thereof, which is most precious, which is sweet above all that is sweet, and which is white above all that is white, yea, and pure above all that is pure; and ye shall feast upon this fruit even until ye are filled, that ye hunger not, neither shall ye thirst.
43 Then, my brethren, ye shall reap the rewards of your faith, and your diligence, and patience, and long-suffering, waiting for the tree to bring forth fruit unto you.
These verses show that by our faith and diligence great things can come. It would be good to consider the time involved. Alma says by and by and he also uses the word long-suffering. Enjoying the fruits of our labor in not immediate. Alternately today I read Alma chapter 37, Alma is speaking to his son Helaman. Verse 41 says,
41 Nevertheless, because those miracles were worked by small means it did show unto them marvelous works. They were slothful, and forgot to exercise their faith and diligence and then those marvelous works ceased, and they did not progress in their journey;
This scripture gives me the opposite understanding. What happens without faith and diligence? Progression stops and good and marvelous works cease. These are things to be aware of.
It is always interesting to me when I study similar principles at the same time. The Lord has an interesting way of helping us learn. In my class studies this week Elder Bednar touches on faith and diligence. "My purpose today is to admonish you to use your academic opportunities to the fullest and to avoid at all costs the academic path of least resistance. Specifically, I challenge you as a student at [BYU-I] to be diligent in both your spiritual and academic pursuits." This quote embodies what I need to do as a student and I hope that I can live up to Elder Bednar's desire for me. He promises later in his talk that the ability to have a disciplined mind helps us reason, evaluate, and discern and that these skills are essential for a happy, spiritual, and productive life. I do see the importance of changing and the good that can come from these principles.
Elder Bednar added, "In these latter days much more is required of us as children of the covenant than our money and substance. As the Church spreads throughout the world in a rapidly changing and complex information age, may I suggest that we must consecrate unto the Lord both a faithful heart and a strong mind—a mind capable of learning and instruction and discipline and receiving revelation." I hope and pray for the guidance to have a faithful heart and strong mind for myself so that I may one day enjoy the 'fruit thereof.'
42 And because of your diligence and your faith and your patience with the word in nourishing it, that it may take root in you, behold, by and by ye shall pluck the fruit thereof, which is most precious, which is sweet above all that is sweet, and which is white above all that is white, yea, and pure above all that is pure; and ye shall feast upon this fruit even until ye are filled, that ye hunger not, neither shall ye thirst.
43 Then, my brethren, ye shall reap the rewards of your faith, and your diligence, and patience, and long-suffering, waiting for the tree to bring forth fruit unto you.
These verses show that by our faith and diligence great things can come. It would be good to consider the time involved. Alma says by and by and he also uses the word long-suffering. Enjoying the fruits of our labor in not immediate. Alternately today I read Alma chapter 37, Alma is speaking to his son Helaman. Verse 41 says,
41 Nevertheless, because those miracles were worked by small means it did show unto them marvelous works. They were slothful, and forgot to exercise their faith and diligence and then those marvelous works ceased, and they did not progress in their journey;
This scripture gives me the opposite understanding. What happens without faith and diligence? Progression stops and good and marvelous works cease. These are things to be aware of.
It is always interesting to me when I study similar principles at the same time. The Lord has an interesting way of helping us learn. In my class studies this week Elder Bednar touches on faith and diligence. "My purpose today is to admonish you to use your academic opportunities to the fullest and to avoid at all costs the academic path of least resistance. Specifically, I challenge you as a student at [BYU-I] to be diligent in both your spiritual and academic pursuits." This quote embodies what I need to do as a student and I hope that I can live up to Elder Bednar's desire for me. He promises later in his talk that the ability to have a disciplined mind helps us reason, evaluate, and discern and that these skills are essential for a happy, spiritual, and productive life. I do see the importance of changing and the good that can come from these principles.
Elder Bednar added, "In these latter days much more is required of us as children of the covenant than our money and substance. As the Church spreads throughout the world in a rapidly changing and complex information age, may I suggest that we must consecrate unto the Lord both a faithful heart and a strong mind—a mind capable of learning and instruction and discipline and receiving revelation." I hope and pray for the guidance to have a faithful heart and strong mind for myself so that I may one day enjoy the 'fruit thereof.'
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