Week 1 Journal

Acton Hero Bruce Thompson:

In the video by Bruce Thompson I learned that it is not about the money you make but it’s about the people you meet and the relationships you form. No matter what is going on at work it shouldn’t affect how you treat your clients and people around you. Your work shouldn’t take priority over spending time with your family, set a limit and leave work at a reasonable time instead of spending excessive hours on the job. It is important to have integrity in everything you do at home and at work. When you come home from work don’t spend time on your phone or computer working, create a balance, socialize with your friends and family, have fun. Although education is important there are other aspects in your life that are equally important to running your own business. Some of these things are your ability to persevere and be confident in yourself. Make your business fun but don’t make it your life.

Quotes:
- Henry Ford- "Failure is the opportunity to begin again, more intelligently" "Whether you think you can or think you can't-- you are right"
- Franklin D Roosevelt- "Let me assert my firm belief that the only think we have to fear is fear itself" "...but above all try something"

Sam Walton (founder of Walmart)
Sam's Rules for Building a Business:
- COMMIT to your business
- SHARE your profits with your associates and treat them as partners
-MOTIVATE your partners
- COMMUNICATE everything you possibly can to your partners
-APPRECIATE everything your associates do for your business
-CELEBRATE your success
-LISTEN to everyone in your company
-EXCEED your customers' expectations
-CONTROL your expenses better then your competition

IT ALL BEGINS WITH A DREAM!!!

During this class I hope to learn how to a better business owner so I have the opportunity to run a successful business one day. I think it is important to keep this entrepreneur blog because I can look back and refer to it in the future when/if I am opening my own business. I can also show it to my friends and family who may be interested in opening their own business.