Saturday, January 21, 2017

Taking the course a second time, and listening to the talks again has been very enlightening. Currently, I an working with a small start-up company that has been in business for a little over a year. As such, there are many dynamics that come with rapid growth, managing staffing, revenue, and liabilities. Many of these talks have had little snippets of information that I realize I can use to help in my current role as assistant. I'm not the business owner, but the principles I'm learning can still be applied.

This week, we learned about starting a new business, and what things are necessary, and what things are not. Many people want to start a business with all the things an established company would have, but it's better to grow from small and humble, and then earn the rest as you grow. I like the Stanford talk about having too little money. I agree that the best innovation will come from necessity.

I also liked the talk about having skin in the game. I realized that the company I work for now is doing that right. They've hired people in decision-making positions that are accepting lower pay in exchange for anticipated gains later on. We all put in lots of hours and accept that it will take the whole team giving their all, in order to succeed.

This week we also studied a case in which the subject had to determine her priorities and discover what was most important for her in her career choices. I've completed a career assessment, and discovered that I'm most interested in a career that is helping others, but my main concern is stability and income. I also want to be working independently, and manage numbers and existing processes. I enjoy evaluating and improving processes, and working to improve a company. I value a flexibile schedule and autonomy, too. I also want to work with people who are positive and encouraging, in a team environment.

I've already watched and read the content for this week, but the second time around, I'm still hearing things that didn't stand out to me before, but they do now. I think I am blessed to have the opportunity to have a second chance to explore this content and learn more about entrepreneurship.

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