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Showing posts from April, 2017

The Entrepreneur Spirit

This week has been a week of great growth for me. My mentality on the world is changing thanks to this class and my MicroEcon class. I donĀ“t see things as I used to, I used to weigh my options based on the emotions I felt at the time or based on the knowledge that there might be something better in the future. Now I base my decision making in marginal opportunity costs and that the thought of failing the first few times is ok.  Marginal opportunity costs occur when a person logically chooses one option over the next best thing. In every single paper or videos case, all of these highly successful people made many sacrifices by giving up many other possible choices in favor of taking risks that happened to pay off later. It seems to me as though a very large and important part of being a Entrepenuer is refusing to allow fear to cloud my decision making and being willing to put myself out there no matter the odds and no matter how many times I could fail. I loved the video by...

The power of mastery

I have greatly enjoyed what I have learned so far in this course. I began by doing to readings on how we are in control of what we do and that it is our responsibility to become something. We cannot blame anyone else for our failure, life isn't fair and it is ultimately up to us to make a better world. The best people, the most powerful experiences usually involve experiences where one or more refining fires have purified and helped perfect the individuals that were involved. Business in general when combined with virtue induces greater opportunities of progression and improves the lives of others. There are very few forces that hold more power than this, without good business interaction it seems as though much of what we enjoy today would be impossible. When different people choose to survive by specializing in one thing, and then joining together in trade, this allows for great prosperity and economic security. This is a situation that manifests when individuals begin to focus o...