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The Monster We Grow

I learned about the importance of having faith in oneself as an entrepreneur and understanding that risk taking is necessary but also wisdom and patience is important when seeking the prize. Corey Kesler, a great entrepreneur and mentor for me, shared that his biggest regrets involved not charging enough for what he did and the amount of time having a business takes from family life. The complexity and diverse forms of operation within a business is fragile at best, and must be considered with great care. The balance between family and entrepreneurial endeavors is precarious and is not a game to be taken lightly. It is imperative that creative thinking and reason be entwined together to create feasible innovation that increase the marginal revenue of production. By innovative thinking and utilizing capital in efficient ways we make production less expensive dramatically increasing revenue and increasing profits of the company. Investing in capital is necessary to bolster revenues, but one obligatory rule Corey harped on was the importance of savings. He described a business as a hungry monster that is subject to an economy that is capricious at best. Rainy days occur, sometimes profits plummet, but sustenance is necessary to feed the monster that we create.

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