W01 Reflection: Entrepreneurial Journal Blog

 This week I enjoyed reading and listening to the videos that were provided to us. I really liked the video of Guy Kawasaki. He had a couple of quotes that stuck out to me. One of them being "You should truly study and do what you love. I can't promise you if you do that, the money will come. But I can promise you, if you take a curriculum or you start a company simply for the money, you will probably end up miserably. Now, you may end up miserable and poor. You may also end up miserable and rich." He then encourages us to do what we love. He also talks about if you do what you love, you will probably do really good at it, and if you love it enough, money won't matter. It makes me think about college students that are just ready to graduate and are striving to get the highest paying job they can find. Yes, money is important, but if you do not do something that you love, you will be miserable. 

Something else that I found within the study guide is "Living a life of meaning is about living a life with intent." I think that this is important because if we are not living our lives with intent, we are just floating along. Without intent, nothing really ever happens or changes. 

I found it interesting in "The startup of you" it talks about how there should be no plan C. Plan A is essentially what you are doing now. It is your implementation of your competitive advantage. Plan B is your pivot. This is used when plan A isn't working, or when you find a better way to work towards your goal. Then you jump all the way down to plan Z. Plan Z is when something goes seriously wrong. An analogy about a boat was used. Plan Z is when you jump ship to your lifeboat. This gives you time to re-load before getting back into it. 

There are certain steps that will help you to become an entrepreneurial hero. Those steps are choosing your fellow travelers well. These are the people that you choose to surround yourselves with. The people around you can change your life drastically. If you are hanging around with people that don't really do anything with their lives, you will naturally be drawn towards that behavior. Accept that life is hard and seldom fair. This principle is a tough pill to swallow. Once you accept the fact that life is hard, you can move past that and onto things that matter more than complaining about your situation. The third principle is to dream big. If you are not dreaming big, the chances are that you will not reach your potential. The last principle is to never give in and never give up. Alex Hormozi, a successful entrepreneur, said that if you don't give up, you are already ahead of 99% of the population. 

I feel as though these are the most important topics that I studied. 

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