Blog Entry 10/02/21

This week, one of the most memorable things I learned had to do with creating and committing to a personal code of ethics. Honesty was the first commitment on my list because, in business, I feel that it is rarer and rarer these days. "Integrity will ultimately make or break you." That's why it was important to create my own list of what I will do and what I will never do. I said that I will never be dishonest in dealings with my fellow man, let others take advantage of me, or prioritize things that aren't important. I said that I will always put my best effort into myself and my entrepreneurial journey, serve others, and listen to others' feedback and improve from it. I think it is important to set this code of personal ethics before I begin my journey because commitments are harder to break after you have actually made them. I was also impressed with Elder Lynn G. Robbin's breakdown grade levels of our fellowmen. After I read through them all, I made a commitment to always be at the "A" level. That means that my primary motivation will be to love my God and my fellowmen and my secondary motivation will be income. Another impactful statement he made was that our careers are not as important as the lives we live for our Father. There were three things, in particular, he mentioned: (1) building his kingdom with strong and valiant families, (2) filling your life with good works that have an impact on your community as well as the world, (3) being honest with others and using your talents to benefit them. These ideals helped shape my ultimate code of conduct because my journey, aside from being an entrepreneur, is living a life that I can be proud of. It is living a life that my Heavenly Father would be proud of.

Comments

Post a Comment

Popular posts from this blog

Blog Entry 12/04/21

Virtue and Integrity are vital to an economy because that is how markets operate, according to Handy.  Personal ethics can influence an entire business.  If these ethics are not moral, everything becomes too unreliable and there is no trust to keep an operating market open. People would keep their money elsewhere because the economy would not be considered safe enough to reinvest in. If no one plays "according to the rules," the fragile system could crack and eventually break. Harvey states that this increasing lack of distrust is seen when companies place their own safety, finances, and well-being above all. Charles states that the real justification for the existence of business is not just to make a profit and leave it at that. It is to make a profit so that the business or company can "do something more or better." "A good business is a community with a purpose, and a community is not something to be "owned." He claims that the issue without this ...
Read more

Blog Entry 11/27/21

My attitude towards money has always been fearful. A lot of money means safety and security. A lack of money means danger. There have been times where this fear has been extremely overwhelming. This week, we have been studying the effects of money and how it isn't "everything." A lot of entrepreneurs have made a point to emphasize that it can't buy happiness. I think that my obsession with money has not been healthy. I don't obsess over having it because I want worldly things. I obsess over needing enough to survive, which is still an obsession if you really think about it. Money can affect the way we live by letting us prioritize different things in life. That seems to play a huge part in the balance between business and family. Personally, I am young and at a point in my life where I still have a lot of hard work, earning, and saving ahead of me. Sometimes, I worry that I prioritize working for the financial safety of my family over making memories and being hap...
Read more

Blog Entry 11/13/21

This week, one thing that impressed me was the talk given by President Kim B. Clark titled Leadership with a Small "L". There were three main principles: 1) lead by example, 2) lead by vision, and 3) lead by love. I think that these are very underrated methods of being a Christ-like entrepreneur. I felt like example and love are pretty self-explanatory, so I focused a lot more on "vision". Leading by vision means to do the important, daily things but to never lose sight of the important, eternal things. This also reminded me of my goal to never separate business and faith. In this life, it is so easy to get caught up in unimportant things. Not to say that business and entrepreneurship aren't important, but you can lose yourself in it. Similar to last week's study block where several entrepreneurs touched on the importance of making time for family. In movies, we always see the classic CEO dad whose son resents him because he never came to one of his baseball...
Read more