Friday, July 17, 2015

Entrepreneurship

I plan on majoring in Accounting, Finance, and Entrepreneurship.

I think that out of those three fields of study, entrepreneurship definitely has the most interesting conversations because it's the new thing that everyone is getting fired up about.

The students in the entrepreneurship program all learn about starting a business, and the program actually requires that you start your own business as a capstone project. Learning how to start a business involves coming up with a good idea, rallying people around the idea, and then finding a way to make it profitable. Each of these three steps takes a significant about of skill because it's hard to come up with good ideas that nobody has thought of before, and it's even harder to rally people around things that they may not be sure about, and finally it takes a lot of careful planning to make any idea profitable.

The coolest thing to me about the entrepreneurship program is that students graduate as business owners, and so many of them go on to cultivate and grow their business but they also go to work in other fields because they don't allow people to major only in entrepreneurship.

With that said, I think entrepreneurship is valuable because it gives me the opportunity to figure out what I love and then pursue that on my own terms. The freedom to decide what I'll do with my life is really important to me and that's honestly one of the biggest things that has drawn me to entrepreneurship.

Two entrepreneurs that I look up to are Tai Lopez and Elon Musk. Tai Lopez is a self-made millionaire that also acts as a consultant and investor to other multi-million dollar businesses. I got really into Tai when I watched his TED talk, "The Law of 33%", which talks about the benefits of mentors, reading, and learning from those that are better than you. Elon Musk is a super successful serial entrepreneur. He started PayPal, Tesla, Solar City, and SpaceX. One man created all for of these giant tech based companies and, for me at least, he's the best example of modern entrepreneurship. I think Tai is most exciting to me because his talks provide me with insight and direction for how I might be able to replicate the work of some of the greatest minds the world has ever seen. This is actionable whereas Elon is exciting because he is the metaphorical finish line for me, and knowing about his accomplishments lets me know that I can always keep climbing.

I don't actually know of any major journals that focus exclusively on entrepreneurship, which may be a factor in why it's so appealing to me. It seems like everybody wants to write about it and glorify entrepreneurs but nobody has really jumped in and dedicated themselves to discussing entrepreneurship besides www.entrepreneurship.org.

1 comment:

  1. Yay! I'm on your blog! :)

    I'll go back and grade the earlier stuff over the next couple of days, no worries. You'll get credit for that work.

    This post is really good - you're in an exciting field!

    A couple of important points:
    1. Be sure to read the blog post prompts and follow the instructions carefully. For example, you didn't Google to see what the major journals are in your field. Here's the basic Google search I did, following the prompt:
    https://www.google.com/webhp?sourceid=chrome-instant&ion=1&espv=2&es_th=1&ie=UTF-8#q=what%20are%20the%20top%20journals%20in%20entrepreneurship%3F&es_th=1
    As you can see the first search results gives you what you need: http://www.slu.edu/x17970.xml

    2. Your blog posts need a properly cited image. I was explicit about this in the intro video for Deadline 2 that I posted in the News feed. Be sure to check D2L News for announcements.

    Don't worry about fixing any deadline 2 posts lacking imagery. But for Deadline 3 and onwards, be sure to include a properly cited image for every blog post!

    ReplyDelete