Jeremy's Entrepreneurial Journal

  My attitude towards money is that money is neither good nor bad, but a tool.   An important tool that provides our daily needs, and with an abundance allows us to help others in a variety of ways.   This could be with jobs, charitable giving, time to serve and many others.   Wielded correctly money can be an important tool for individuals, families and the church to fulfill their respective missions.   I think it is important to note that an individual’s view of money can affect the way one lives.   If someone is materialistic then obtaining money could easily be the most important thing in life.   If someone is charitable, then obtaining money will be something that allows that individual to do more charitable work.   If someone is focused on building the Kingdom of God, then money could become a tool that provides more time to serve in the church.   I believe that an attitude towards the purpose of money will affect how it is used. ...

  This week in our Intro to Entrepreneurship class our reading assignments focused on dreaming big dreams.   A couple of important lessons learned with this week’s assignments: 1.       From Harvard Business Publications “The Heart of an Entrepreneur”.   This article examines the differences between administrative and entrepreneurial mindsets and actions.   Clearly both are going to be necessary for a successful business, but the article rightly pointed out that growth and innovation are usually achieved when a leader or leadership in the business or the business culture has the heart of an entrepreneur.   This willingness to push into the risk of the unknown, or create innovative solutions and then make them work lie at the heart of entrepreneurship.   Administrative mindsets are steady, lower risk and pragmatic.   Rather than grow and innovate, maintain.   If starting a business is the goal, administrative management a...

In our Intro to Entrepreneurship class this week, our study material was focused on overcoming obstacles.  As part of the readings, we were assigned a talk from Elder and Sister Holland, then serving as President of BYU: However Long and Hard the Road.   True to most of Elder Holland's speeches, this was very inspiring.  He spoke on many subjects, but his thoughts on the Salt Lake City temple were particularly moving:   "Its grounds would cover an eighth of a square mile, and it would be built to stand through eternity. Who cares about the money or stone or timber or glass or gold they don’t have? So what that seeds are not even planted and the Saints are yet without homes? Why worry that crickets will soon be coming—and so will the United States Army? They just marched forth and broke ground for the most massive, permanent, inspiring edifice they could conceive. And they would spend forty years of their lives trying to complete it." I’ve long marve...