W04 Reflection: Entrepreneurial Journal Blog

 

As an entrepreneur, I strive to learn and gain understanding on ways I can run my business and improve on what is currently existing. A lot of the insights from this week's lesson help me realize a couple of things on how I can be one of the best entrepreneurs. I learned a lot on how it is not so easy to continue a journey full of hurdles, our efforts, and hustles, are a result of one’s determination to endure and be successful. This week we got to dig deep into the life of an entrepreneur. Guy Kawasaki was able to take out an insight and illuminate it in my life as an entrepreneur. I really enjoyed how you explained that a lot of people start a business because they want money, and more money is the determining factor of how well they do in that journey. He emphasized that it is very difficult starting a business and when we look at how many people start it doesn't equate to how many people succeed. A lot of people who fail are discouraged with a lot of hurdles they face during that journey. Money should not be the determining factor why you should be starting your own business. I have noted this when I started my own business. I registered my business last year and my business plan was initiated in the beginning of this year, but I have encountered a lot of hurdles and mountains. When you own your own business, you get to find out that it is not always smooth sailing because they are a lot of moving mechanisms within a business that one needs to maintain and uphold as a business owner. The marketing side of my business is a bit tricky, and this is because I would need a lot of papers which would need a lot of training and this all needs a lot of money. There have been opportunities which I turned down because of my own company policies which I have drafted and in this I had to maintain despite losing the opportunities. I have also learned a lot about taking it slow and steady and this helps me understand what I'm doing and helps me improve my skill to optimize for maximum production as I follow the process to success. Guy was able to explain and inspire emphasizing that if you want to make money you need to do what you really love. If you, do it for money when you fail you do not have the motivation to keep on going. The joy you receive from doing what you love is great and does a reward tremendously.

This course has helped me see ways I can improve my business. I am really enjoying the journey of learning as I implement different lessons each week. I have mastered different techniques to help myself learn and improve my skill to help those who are around me also more specially to help my business. Each week that passes I am looking forward to learning and building my relationship with those around me who are knowledgeable and pushing my dream as a successful tycoon. It is very important that the skills I will implement will help me build up understanding as I instill these teachings in my business to improve my chances of reaching my goal of financial freedom and as I improve my chances of being a great employer.

The three keys I plan to explain will be firstly how I will be able to deal with the challenges before me as an individual firstly and then as a business. This week I have learned that if I need to be a successful entrepreneur there is need for me to synchronize my emotions and business. When I speak of synchronization my goal is to achieve balance in separating business and personal life. A lot of decisions that crash is a business might come from one’s emotions and if one is able to separate their emotions from business, they will be able to avoid probable failure. I also need to be positive, and this is the second key. Positivity would drive me and motivate me to continue despite the challenges I might face. Understanding that there are things that I cannot change and things that I can influence to change will play a big role in my success. And lastly as mentioned above yes to separate my personal life and professional life, these three keys will help me reach my goals as an independent, successful business owner.

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