Week 13

This week we learned more about life long learning and getting over hurdles. Our world is constantly changing. If we cannot change, learn, and grow with it, we will get left behind. Randy Haykin utilized his opportunities of learning and growth for his benefit. By using these opportunities, he created stepping-stones to a greater career in the long run. Life long learning seems to be a common attribute between entrepreneurs. As I read about different successful entrepreneurs, it is common to see that they have taken 3 steps forward and 1 step back, and then again, 3 steps forward and 1 step back. The people, who see those step backs as failures, usually are the people that give up. But, when you see the step back as a learning opportunity for growth. That is an entrepreneur’s spirit. The entrepreneur can see that he still moved forward. This is life long learning. I know that if I use this example life long learning, it will help me throughout my career as well. I must be willing and able to learn the new things that our world is constantly capable of.
 

In the article What's a Business For? I learned that virtue and integrity are vital to the economy because they are what make an economy a great and thriving. The economy works on rules and the rules depend on trust and honesty. If there isn't trust, then you see events such as The Great Depression.
 

Handy says in the article, “The purpose of a business, in other words, is not to make a profit, full stop. It is to make a profit so that the business can do something more or better. That ‘something’ becomes the real justification for business. Owners know this. Investors needn’t care.”

One solution I agreed with was that we companies need to be more honest in their reporting. This causes a lot of problems, and the general public looses their trust in business. 

The second solution I agreed with is that a company shouldn’t exist simply to make money. They should seek to make contributions to society. This doesn’t mean that businesses should give up trying to make a profit, it just means that they should have a more of a purpose.