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Showing posts from December, 2022

14. To be Rich, At All Costs

In Thomas S. Monson's talk, "Finishers Wanted", the crucial question is posed: "Shall I falter or shall I finish?" The path of mastery is described as an endless path, one that has no finish, no goal, no destination. In the long run, we believe in a similar concept, the principle of eternal progression, where there is no end or damnation to continuing to progress and grow forever. However, the "endless path" can easily be misunderstood or misapplied, leading one to aim for nothing at all, and suppose that the only thing of importance is the existence of the path, not regarding in which direction the path does or does not lead. The "end goal" we often reference is the one we will have attained by the end of our lives, with the understanding that life does not ultimately end after this mortal life, but goes on into the spirit world, into the resurrection, and on to eternal glories. At the same time, we ought not put off what is given us to acco

13. Risk

During an assignment, there was a question posed as to whether I would consider the risks of entrepreneurship worth it or not worth it. The risks of entrepreneurship are always present. The level and scope of risk is different depending on the type of business or company you’re going into, and at what stage it is at. Risks are always important, though there is a difference between risk-taking and stupidity. Whether a new idea is worth the risk needs to be evaluated from time to time, and appropriate course-corrections made. There is always risk, but it depends on how much risk you’re willing to take and when and why. There is always a chance that a new idea will fail, but there is also a chance it will succeed. If you want to avoid all risk, then you will also avoid all success. Avoiding risk makes failure much more likely. What kind of risks are involved? There are the risks of an unstable income for an uncertain amount of time, the lack of benefits such as insurance or time off. Ther

12. To the Rescue

 "Business is about service and about rescue." There are three important concepts I learned from this weeks study: 1. Business should never be focused on profit only, but have a mission of bettering the lives of others. "Business is about service and rescue."  This first concept is important to me because it has been my objective to live my life in fulfillment of the covenant of consecration, to give all I can for the building up of the Kingdom of God. In my view, if a business or company does not serve the actual needs of people, it is a failing business. So many businesses are built up to provide luxury and ease, but I want to do something that actually helps people and is therefore worthwhile.  2. Everyone is creative, and anyone can succeed. Nobody is required to limit themselves to working for others.  This second concept is important to me because I want to see more people succeed and thrive. For those working in a corporate environment, they have the blinders