Saturday, October 24, 2015

Family,God, & Knowledge

It was very interesting this week t learn and read about the importance of keep your commitment to God and your family first over all else you do. I really enjoyed hearing from many different business leaders about the importance of setting boundaries for your work and not letting it cut out and destroy other important areas of your life. Knowing that yes money is valuable but it is not the key to happiness and that you have the power to control your state of joy and happiness was really applicable   I feel in this week’s learning. Some of the talks were about the understanding of business skills and the drive that is inside you and how it might be hard to shut it off and allow yourself to be in the moment rather then accomplishing what you feel you need to. Really each person is faced with choices that will make up and define them in their character, we are all a bi-product of our choices and the more we limit those choices the more centralized we become.
I was really asked a interesting question the other day about my freedoms and if I felt that our current politicians had our best interests at heart. This came to mind through the readings because I really saw a important factor of Knowledge! I couldn’t pull to mind the 10 amendments and match them to the right ones, if I don’t know my rights how do I know if they are being represented and if they are being taken away. In the reading it gave three important knowledge principles of business: 1 In-depth knowledge of the competitive structure of an industry and a network of contacts within that industry; 2 The skills to run the daily operations of a small, rapidly growing company; and 3 The ability to raise money.
As I thought about this knowledge base I looked at it like I started looking at my rights, as if they were my blood line and how every detail of the first two principles would enable me to become a better business owner and more efficient owner and competitor. I like to think of it as the broker mentality, a wall street broker is a man with a sixth sense, this isn’t true but it does seem that way because of the vast knowledge and effort that he has put into every detail of his investment and learning about every little thing that could happen with a company or persons life that may influence his outcome. This principle can be applied to any business, learning and understanding the way the business works is one thing but then advancing and increasing the productivity of each stage is the next level, than by looking at similar business you will be able to see the flow of the competition and analyze what there next step will be and beat them to it and interact, attract, and rise above those that are not willing to put in the effort to acquire the knowledge needed to be the best.

Most importantly like we have talked about before do not let the enticement of money remove the reason you went to find the money in the first place whether that is family or God or joy of life, these are the things money is worth losing for.

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