Week 13-Last Lecture

What would be your last lecture to someone wanting to begin the entrepreneur journey? What words of advice, direction, or caution would you give him or her if you had only one chance to give your own last lecture?




My words of advice to someone wanting to begin the entrepreneur journey are be prepared to work hard. Be prepared to work every day. Be prepared to put some tears into it. Be prepared to get enormous joy out of making people's lives better. 

Entrepreneurship is hard but very rewarding. The lessons taught in E-Myth make a lot of sense to me. I would encourage anyone wanting to be an entrepreneur to read that book. It may help a person avoid the burnout that could come with starting a business. A few words of caution: Don't try to do everything yourself. Bring on help but stay active in your business. Don't trust it to other people but also don't try to keep it to yourself. 

I think one thing that stops me is the fear that I might fail but there is also the fear that I might succeed. Sometimes success is harder than failure. It is easy to fail and humans have much more practice at failing. Success is less common and some people don't know how to manage the responsibilities that come with success. I sometimes wonder how I would know how to make the decisions that success would bring. I know how to scrimp, save and go without. I've never had insurance since I left my parents' home. I have never had a car newer than 7 years old. I'm not sure I know how to make the decisions necessary pertaining to those types of things. 

Don't let my hangups be your hangups. Put your heart into your dreams. Go for it!

Week 12-Small Business Creation

I think this will be my last week making a blog post for this class. I have enjoyed most of class but making my products for my business was very stressful. I just have been so busy I just couldn't find the time or the energy. My business did okay. I will have the $100 to donate to Kiva.org. I'll have to go find a new person next week.

I finished the presentation but as I tried to comment on the other's presentations it was really hard to critique their business based on their videos. That was kind of hard. They all seemed to have good ideas.

The acton hero was kind of a bust this week.

Working in your business is much different than working on your business. Working ON your business can make the difference between success and failure. Planning is an important part of an ongoing successful business.

I won't lie. I'm really glad class is going to be over for a couple of weeks. I'm worried next semester will be the same way.

Week 11-Small Business Creation

Well this has been a much better week even though I've been at the Christmas tree lot every day. (Check us out on Facebook: Kunzler's Christmas Trees) I'm so tired when I get home I just don't want to do anything but relax. I managed to still get all my homework done on "Saturday". I know it's really Sunday morning but I'd rather finish it tonight than get up early Monday morning.

There were so many assignments this week. It was overwhelming to list them in my calendar. The one to choose a business was kind of fun but daunting to see how much money has to be raised to do something like that. To go from bill to bill hoping to be able to pay them to having money to buy a business seems like a huge leap.

Erick Slaubaugh was an interesting character. I stalked him on Facebook and he seems successful. I was impressed by him buying a little equity in the company at a time. I don't know if that was all that was available to buy or if he was doing it that way to stay out of debt.

The dry cleaning industry has hidden several quirks from me. I had no idea they were dealing with a toxic waste when they got done. It seems expensive to me to go to the dry cleaners and I couldn't understand why our dry cleaner looks ummmmm less professional than I though he should. This article kind of answered that question.

$100 Challenge Update
Well...progress! I have everything sewn that I have supplies for. I ran out of yarn on the last towel I had to do.

That's it! That's all I had left other than a little yarn to sew on the buttons. This turned into a good thing because while I was searching for a scrap of this yarn I found some hot pad sets I had crocheted and added them to the mix and sold one set today. 

I still have some dollars left to earn but I hope to be able to do that on Monday. I'm soooo close to my $100.