Friday, December 13, 2013

Failing Forward

$100 Challenge Update:

The $100 Challenge project has been wrapped up.  This week I completed my presentation and shared it on a discussion board with my fellow class members.

Weekly Highlights:

This week was filled with discussion boards.  There was one discussion board dedicated to the study of Steve Jobs and another discussion board for an entrepreneur of our choice.   I learned quite a bit about Steve Jobs.  Some of the highlights of the Steve Jobs materials studied are:
·         Move past set-backs swiftly and recognize their future value (Jobs calls this connecting the dots).
·         Do what you love doing, after finding your passion.
·         Know when to say "No."
·         Surround yourself with a great team. Hire people that could replace you, not just stay your subordinate.
·         Learn to be a great communicator.
·         This might be my favorite, "Changing your mind is a sign of intelligence."
·         Customers don't know what they want next.  Customers may be able to give valuable feedback about service and current products, but they generally won't be the source of new ideas.

The entrepreneurs I selected for the “Trail and Error” discussion board was the Wright brothers, Orville and Wilbur.  The highlights I gleaned from study of the Wright brother’s story are:
·         Do your research.  The Wright brothers were very hard working and very inquisitive.
·         Little successes can keep you going, but learn when to recognize the ideal time to “go public” with new ventures.
·         Progress only as fast as it is feasible.  Take one step a time and don’t try to skip forward, risking incomplete execution of a seemly less significant step in the process.

Most of my research of the Wright brothers was based on an article found on success.com. 

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