Surround yourself and company with hardworking, motivated, and trustworthy people
Be careful of going into business with friends and family
Follow what you love
Business is hard but worth it
Weekly Readings
Brigham Young What makes a leader
-Great entrepreneur
-Took risks
- Trusted in the Lord and in his leaders
- Founded schools, universities, territories, and businesses.
How will you measure your life.
-Look for an experienced and reliable architect when constructing a building for your business to minimize problems.
-You can expect competition and sometimes legal issues when entering a business where other competitors are already present.
- Doing lots of research and knowing your market is crucial before commencing a new business venture.
-Knowing when to move on from a business or continue to improve the business you already have is an issue all entrepreneurs will need to deal with
Personal Reflections
-Before you go out and start your business, study the business model you plan on using and see what successes are out there currently and why they are successful.
-Know where you will place your business and what the population/needs are in that area.
-Always remember that paying your tithing is the first step to becoming financially free.
Personal Reflections
- Contracts with your employees are essential to running a fair business. For your benefit and that of the employees.
- Providing a work atmosphere of enthusiasm and positive attitudes will separate your business from the good to the great.
-Network, network, network!!! We've had some great mentors come in and give lectures during the course. Take the time to meet these people and let them know about you and build your network.
- You must market yourself as best you can!! This will land you in the field and with the job you want.
E Myth is now complete.
$500 dollar challenge is now complete
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