A
new Journey - Entrepreneurial Discovery (Rediscovery?)
As I evaluate my choices in life and the role the entrepreneurial spirit has had in those choice, one book has had a profound impact on me. The book by Robert T. Kiyosaki: Rich Dad, Poor Dad. What the rich teach their kids about money – that the poor and middle class do not!, epitomizes my somewhat schizophrenic attitude toward entrepreneurship. At some points I have been the "rich" dad and other times (currently) the "poor" dad.
One thing I have learned through these choices is that there are several financial philosophies that people from different walks of life subscribe to; from get rich quick to get rich slowly, from play it safe to takes risks and gamble, and from the idea that money is the root of all evil to the idea that “the love of money is the root of all evil” (I Tim. 6:10). In the gospel we learn that there are many philosophies, some worldly, or temporal, and some eternal, or spiritual. There are some that are true, while others are false. One of the purposes in life is to come to know who we are so we can realize our divine potential. Critical in this pursuit is determining eternal truth from the philosophies of man. I know that the source of truth is our Heavenly Father. When it comes to a true financial philosophy we need only to look to his counsel found in scripture. The one I’ve found most pertinent is: “But before you seek for riches, seek ye for the kingdom of God. And after ye have obtained a hope in Christ ye shall obtain riches, if ye seek them; and ye will seek them for the intent to do good…” (Jacob 2:18-19). I feel that if I use this as my guiding financial philosophy I will be keeping an eternal perspective while still providing for the material needs of this life.
Another principle I've learned is that financial acuity and wisdom must be learned. Robert T. Kiyosaki's rich dad said: “My brain gets stronger every day because I exercise it. The stronger it gets, the more money I can make.” As I compare financial principles with gospel principles, I see great parallels between gospel principles and financial principles espoused in this book. The principle of gaining knowledge was put very succinctly by Joseph Smith when he said: “Whatever principle of intelligence we attain unto in this life, it will rise with us in the resurrection” (D & C 130:18). I have a testimony that as we increase our knowledge of true principles it will be a blessing to us in this life, both in temporal and spiritual ways. The classes I have taken in the BYU-Idaho Pathway/Degree Program have taught me many great temporal as well as spiritual principles that I have already been able to apply in my life and in the financial choices I make.
As I evaluate my choices in life and the role the entrepreneurial spirit has had in those choice, one book has had a profound impact on me. The book by Robert T. Kiyosaki: Rich Dad, Poor Dad. What the rich teach their kids about money – that the poor and middle class do not!, epitomizes my somewhat schizophrenic attitude toward entrepreneurship. At some points I have been the "rich" dad and other times (currently) the "poor" dad.
One thing I have learned through these choices is that there are several financial philosophies that people from different walks of life subscribe to; from get rich quick to get rich slowly, from play it safe to takes risks and gamble, and from the idea that money is the root of all evil to the idea that “the love of money is the root of all evil” (I Tim. 6:10). In the gospel we learn that there are many philosophies, some worldly, or temporal, and some eternal, or spiritual. There are some that are true, while others are false. One of the purposes in life is to come to know who we are so we can realize our divine potential. Critical in this pursuit is determining eternal truth from the philosophies of man. I know that the source of truth is our Heavenly Father. When it comes to a true financial philosophy we need only to look to his counsel found in scripture. The one I’ve found most pertinent is: “But before you seek for riches, seek ye for the kingdom of God. And after ye have obtained a hope in Christ ye shall obtain riches, if ye seek them; and ye will seek them for the intent to do good…” (Jacob 2:18-19). I feel that if I use this as my guiding financial philosophy I will be keeping an eternal perspective while still providing for the material needs of this life.
Another principle I've learned is that financial acuity and wisdom must be learned. Robert T. Kiyosaki's rich dad said: “My brain gets stronger every day because I exercise it. The stronger it gets, the more money I can make.” As I compare financial principles with gospel principles, I see great parallels between gospel principles and financial principles espoused in this book. The principle of gaining knowledge was put very succinctly by Joseph Smith when he said: “Whatever principle of intelligence we attain unto in this life, it will rise with us in the resurrection” (D & C 130:18). I have a testimony that as we increase our knowledge of true principles it will be a blessing to us in this life, both in temporal and spiritual ways. The classes I have taken in the BYU-Idaho Pathway/Degree Program have taught me many great temporal as well as spiritual principles that I have already been able to apply in my life and in the financial choices I make.
In
this class, I would like to journey into my mind to maybe answer some questions
I have been thinking about.
1.
Have I already started, owned, and closed the last entrepreneurial
venture I will go into in my life?
2. Can I have a
secure career in the Water/Public Service business and an entrepreneurial
venture, at the same time?
3. Is my desire for
a secure career with benefits and retirement stifling my creative side?
4. If I have a great
business idea, how do I put it all together? The team, financing, operations,
etc.?
5. When do I want to
retire?
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