Weekly Reflection #6 – Week 6 – Web Business Creation

This was another great week for me! This week seemed much more lighter in comparison to last week’s assignments. Ever since I completed my website for this class, I’ve felt much less pressure than I once did. Knowing that an essential part of this class is over has helped me to lighten up a little and to, now, build upon what I have created and to focus on how to make it better. I look forward to the upcoming week’s assignments. I know that each future assignment will help in that regard. This first week’s assignments began to do just that.

This week’s assignments, again, included the use of Google Adwords. We learned how to create an Adwords campaign which turns out to be an add that will appear on Google in the ad’s column/section when somebody searches one of your keywords. It was very interesting to say the least that this was how you create one of these types of ads. I’ve seen many of these ads when using Google and now creating one just like this and seeing how it would look blew my mind. It was incredible to say the least and the process for creating one of these ads isn’t quite too difficult. Creating the campaign included such elements as, first, deciding on twenty, or so, keywords related to your website; deciding which countries and languages you wanted to campaign to and which devices you want your campaign to show on; choosing the automatic or manual bidding function for your campaign; and, lastly, setting a daily budget for how much you may spend on your campaign being posted. We weren’t required to set up payment for this campaign (I couldn’t afford it currently), but it was cool learning how to create something like this which I know will greatly hep in marketing our website and our current products.

This week also found us building upon what we previously learned with Adwords and we learned the difference between what makes up a good keyword and a bad keyword. Of course this stems off of what we had previously learned with Google Adwords and our Campaign from earlier in the week, and, of course, after learning this I realized just how much this differentiation was needed; for I have chosen many bad keywords to use in these past assignments. Nonetheless, it was a great assignment. The discussion board was also a great medium to discuss with my fellow classmates what they’ve found to be a good keyword and to learn from them about this subject.

Overall, this was a great week! I am grateful for all that I’ve learned. I see the relevance in each of these topics and assignments and I’m grateful to learn a little about the inner workings of the internet and how websites are created and marketed. I look forward to next week’s assignments. I will keep you all posted on how I do for each and how this upcoming week goes. Thank you all very much and I’ll see you next week!

Entrepreneurial Journal – Week 6 -Love Your Customer

This was another fantastic week! It was much slower in comparison to past weeks, but it was a very great week nonetheless. This week helped to prep for future weeks ahead. I was able to get a jump on a few upcoming assignments. I completed my interview with my Entrepreneur this week and also set up an appointment for this week to interview my Franchisee Entrepreneur. I also had much needed time to read E-Myth. I fell behind on my reading and had the privilege of catching up this week on it. I’ve been enjoying this book a lot. It’s an incredible book! I read the book Rich Dad, Poor Dad at the beginning of semester and what amazes me is just how much information is out there on the subject of Entrepreneurship. There are so many other “Rich Dads” that are tried and tested in this subject. Who have experience and are not afraid to share what they know. Such “Rich Dads” as Michael Gerber, Robert Kiyosaki, Jim Collins, Dale Carnaigie; even our very own Bro. Broderick. I’ve learned throughout this course and especially throughout my journey in business just how essential it is to have these type of people in your life and I’m grateful for these types of individuals; whether it be through book and especially in person and I hope to grow my networking pool and especially find those people who will stand by me and help me. It is so very important! One of the most important things we have access to.

Much has happened in this past week. I’ve rattled on quite a bit with some of the things that I participated in as far as assignments go. The main topic that we covered was Love Your Customer; which I feel is another essential part of business. Everything in business revolves around the customer. They are what make up businesses and all that we do. There were many striking similarities that I’ve found when speaking about this subject that ties back into my days as a missionary. As a missionary, we were called to preach the Gospel. There were many ways that we went about in doing this; many tactics that we used to find people to teach; but, ultimately, our entire aim and focus was on the investigator. Once we found people to teach, we loved and caressed them spiritually. We served them selflessly and helped them with all that they needed. We helped to improve the quality of their lives and spent most of our time either with them or contacting them. This same mindset, I feel, should be had with our businesses and those who consume our products and our whole aim and mission should be to find and, most importantly, retain what customers we have. Help them become lifelong consumers of our product rather than have it be a one time thing.

Overall, this week has been great! Just to share a few quick words about our $100 Challenge. All that is really holding me back with getting underway with sales is my packaging. I have acquired everything else that I needed, but am now waiting on my packaging for my products to be delivered. I ordered them almost two weeks ago and am surprised with how long this has been taking. I’m hoping at least in this final full month of school I can crunch down and sell to as many people as I can. I have made strides with my business, though, and set up some key and essential things to be completed. I created a Facebook page for my business so that I can reach the masses through Social Media and market my product in some way. I also created a website for my product as well and set it up so that they can get the details for how they see what type of meals and deals that we offer; not to mention how they can order and pay for their product. I also registered for a few additional ways that our customers can pay for these products such as Square. I have found that the days of money are over and the need that there is to find some method of pay which include credit and debit cards. Other than that, everything with this Challenge has been going well. I hope that packaging comes in so that I can get a jump on now earning money. I will keep you all updated with how this assignment continues to unfold. Thank you all very much!

Weekly Reflection #5 – Week 5 – Web Business Creation

This was a great week! We had many great assignments and discussions within our respective groups. We studied the topic of business structures and looked into the legal system quite a bit. We researched what the requirements were for starting up a specific type of business in each of our respective cities and, with Project #2 almost complete, what respective steps we will have to take to legitimize our business. It was fun reviewing the different type of business structures there are and to see just how simple some structures are with starting a business and how others are not so easy. Idaho is not too ad in comparison to other states such as Hawaii or California. With using the sole proprietorship method and with doing something with food, I do not have to register for any real licensing in comparison to other industries; which is a plus. I can easily start my business and do work and possibly get any extra licensing if needs be.

The majority of this week was also consumed in completing our Project #2 that was due by beginning of Monday. Project #2 is known in this class as being one of the bigger projects that we have due and one that will determine how the rest of our projects will carry out for this semester. Project #2 consisted of completing our website which will be equipped with our own domain name, hosting service, website content, and the ability to carry out payment transactions on our website. I’ve successfully been able to do the first three. The fourth, however, I have struggled with competing. I know and have created a custom PayPal button for my website, but for some reason, cannot seem to get it linked onto my website. I hope I can resolve this issue before I turn in this assignment. With this assignment, I decided on also using Weebly as my site builder over Wix and got to say, I love Weebly! Weebly is so much more simpler than WordPress and much more smoother than Wix. I was able to create the website that I wanted with Weebly and it looks great! I have a few more things in terms of customization that I have to do with my current product, but I have to say, I am very pleased to say the least. I hope I can get the PayPal function to work and I should be in business!

Overall, this was a great week! I definitely can’t complain whatsoever with what we’re doing. I’m loving my website and especially everything that we’ve learned up to this point! I look forward to everything else that is coming up and how we will incorporate what we are doing to what lies ahead. Great week!

Entrepreneurial Journal – Week 5 – Elevator Pitch

This was a great week! There weren’t as many assignments this week as there were in past weeks. We did have one, though, that was very fun and that I enjoyed very thoroughly. That assignment was our Elevator Pitch. The Elevator Pitch was a video that we had to create in similitude of pitching an idea to an individual with as little time possible. Hence they call it the Elevator Pitch because most of these experiences in the business worlds somehow take place in an elevator. The subject for our Elevator Pitch was either our $100 Challenge or our Big Idea business and with my ideas for both being similar, this gave me some great practice on how to articulate so much information in under a minute. It was a little tough to say the least, but very fun. It got my gears churning and gave me the opportunity to think outside the box ad problem solve just a little bit. This practice also helped me in getting in front of a camera. I’m not necessarily camera shy, but I rarely take pictures or videos of myself whatsoever. I was out of my element and had to definitely get used to it; especially considering the fact that our video will be both public and posted on a discussion board for some of our class to see. After many tries and failed attempts, I feel like my first attempt went well. I posted it on our first discussion board, and, surprisingly, many of my fellow classmates enjoyed it! The second time around came much easier. Overall, this was a fun assignment and hope that there are more assignments such as this in the near future.

This week was also the official beginning week of our $100 Challenge and with the positive feedback that I received from my fellow classmates, I have a great feeling about the potential that my business idea has. Sadly, I was not able to begin selling as I wanted to. Being caught up with other obligations took me away from much needed time working on getting this business idea off the ground. I’m still in the planning stages as of now. I’m close to starting. All that is really holding me back is some packaging that I had to order directly from Hawaii specific for the product that I am selling. It wasn’t expensive; just time consuming. I hope it comes in soon. I received some concern that I may go over the allotted starting amount that we are given for this assignment., but having done some calculations, I’m actually doing quite well on my limited budget. About $10 was used for my packaging. The other $10 will be used for the ingredients that I will purchase. Thankfully, a few other items that I’ve needed for this project was already purchased in the beginning of the semester by me. With all that, I feel like I will be good. To begin, I will have to limit myself to only selling what I can make with the remaining ten dollars and hopefully double my profit so that I can by more and continue selling more. I’ll keep you all updated with how I’m doing as far as this challenge goes.

Overall, I feel like this was a great week! I look forward to this upcoming week and all that we will be participating in for this class! I also look forward to this week and how my business idea will span out. I hope I receive that shipment really soon!

Weekly Reflection – Week 4 – Web Business Creation

This was a great week! We are gearing up for the second project of this semester, which is to now create the website that we’ve been planning for thus far. I began in this process and have been trying a few things that were recommended by my fellow classmates. I have attempted to try other website platforms in conjunction with my own and have also tried utilizing a few of the host websites that I researched. I can attest that using those type of websites are much less familiar than what I’m used to. As for site platforms, I have been using both Wix and Weebly. I love both of these websites. I haven’t had much hiccups yet in the process and hope to keep plugging away at them. For those who are curious, I am not planning on creating two websites. I am currently sticking with Wix as my starter, but am also prepping a secondary Weebly account just in case the Wix one doesn’t work out and if it does work out, I’m going to move forward and create another website for fun using Weebly.

I am definitely enjoying this process. I am having so much fun with it! I’m definitely struggling with it as much as I had previously did; using WordPress and stressing myself out over learning how to customize certain things. This week was also great in adding to what I had previously learned in prior weeks. I love how each of these lessons stack upon one another and which ultimately escalates up to the apex; which is creating our website. Something that I especially loved this week was learning about the PayPal button. I’ve always wondered how certain websites configured their website to accommodate this feature. It’s incredible how easy it is to configure and create this button and then to place i on your website using the coding. I was expecting some crazy process in creating this at first, so this was a huge sign of relief for me. It’s cool just how much stuff is out there nowadays that help in creating your very own website and business. It’s incredible!

This week we focused mainly on our websites, on researching other websites, on how to create a PayPal button, and on our discussion boards. I love the different discussions and things that I learn from my fellow classmates. I hope this upcoming week will be well with me and that I will be able to get done everything that I have planned on completing; both for this class and for others.

Entrepreneurial Journal – Week 4 – Funding

This was an incredible week! It was a revelatory week! I say that because of the topic that we covered this week; which was funding. Funding, in my opinion, is the most important element of a business. It helps to get the business of the ground. Whether it be buying the necessary materials or paying off specific expenses such as rent or fuel, funding is at the heart of every business. It’s part of the three choke points of any business which include content and distribution. We learned many ways this week on the subject, but what I am most grateful for was the opportunity to hear what the Lord had to say on such this important subject.

As members of The Church of Jesus Christ of Latter-day Saints, we believe in continuing revelation. We believe that God has once again called living Prophets and Apostles and has restored His Church back on the Earth. Just as He has revealed what was important to those of earlier times, He does so today with specific topics unique for our day. Through His servant, Elder Joseph B Wirthlin, an ordained Apostle, He speaks on this subject and expounds five different ways that we can stay out of debt. He suggests that we: 1. Pay our tithing. 2. Spend less than you earn. 3. Learn to save. 4. Honor your financial obligations. and 5. Teach your children to follow your (good) example. All very practical, but inspiring points nonetheless; especially when you live each in succession and do so diligently and sincerely. Reading this talk helped me to recognize the Lord’s voice and to remember a few very key lessons that I have learned in days past on the subject. It’s incredible just how much the Lord spoke on this subject and in other very similar things as well. This week helped to strengthen my testimony about the truthfulness of these things. The fact that God loves us, He cares for us, and that He wants to help us and He will do so no matter what the situation may be. He will bless us if we but follow Him and put our trust in Him.

It makes me excited for what lies ahead. We officially begin our $100 Challenge next week. I have begun gathering what I could find with the limited amount I have been given. It’ll be slow at first, but attainable nonetheless. I’m hoping that I could take this idea off the ground and truly run with it. Make it my own. Possibly grow it into an actual business. That would be incredible! I look forward to this upcoming week, the things that we will learn, and how the challenge plays out. I’ll keep you all posted! Thank you!

Weekly Reflection – Week 3 – Small Business Creation

This was a fun week! Very informative on many levels. It reminded me much of last week where we covered the topic of brokers and wholesale, and the difference between the affiliate and drop shipping business models. This week we covered two topics that go hand-in-hand with one another. We researched different site builders and different hosting websites. We learned the difference between the two; how its needed to have both. There are some site builders that have all of the same capacities as a hosting site and there are also some hosting sites that have the same capacities as a site builder. This was my first real introduction into the difference between the two and it was interesting learning about each and how they correlate to one another. What made these topics even better was the opportunity of participating in two individual discussion boards dedicated to each topic. I shared what I thought, but gained so much more from interacting with my fellow classmates and their findings. I wasn’t dead set on any one particular website application for either, so my vote was swayed many times. I have a desire to try a few different sites for each such as Wix, Weebly, iPage, Blue Host, and Go Daddy. It’ll be fun to see which site builder and host website (or maybe even one or the other) will take the cake for me.

Another huge assignment that was due this week was the first part of our project that included choosing a product for us to build our site around. Now, to be completely honest, I thought that the assignment would only include us writing a paper stating what we would do and why. I was terribly wrong! Instead, we utilized everything that we learned up to this point in class and used it in determining what product would be best for us. We used a phenomenal spreadsheet which did the majority of the work. We also used Google Adwords quite a bit for a good part of the assignment. Once all of the data was put in and the recommendation spit out, my number one choice was for myself to create a Gospel column/blog. To be honest, it was not what I was expecting. Of course, I wouldn’t mind using this idea. After all, I did put it on paper. If I were to choose which idea to use for this assignment, without having taken into account such factors as Google Adwords, I would’ve picked an entirely different idea. I don’t mind creating a Gospel column/blog, but I want to get Bro. Poole’s input on this question.

Well anyways, that was it for this week. The next stage of our project is soon upon us. It looks like we are this close to creating our website. I look forward to next week’s assignments and topics and to see where they fit with everything that we had previously learned!

Entrepreneurial Journal – Week 3 – $100 Challenge Update

Our $100 Challenge is in full swing! The reason I say that is because of a few of the assignments that we have had completed this week. We read about Heather Evans in a case study and her experience that she had with starting her own clothing company based out of New York. Particularly, we looked at her business plan for her business and participated in a discussion board discussing our thoughts on whether her plan would work or not. From there we read an article from Richard Branson, founder of the Virgin Group, answering questions about four common start-up mistakes that many entrepreneurs commit as they start-up their business.

These two assignments caused a type of rising action on our plot diagram leading up to the apex of our pyramid; part three of our $100 Challenge which involved the creation of our very own business plan for our assignment idea. Each assignment built upon one another and I eventually completed my two business plans for this assignment. While doing it, I couldn’t help but get a sense of just how soon we will be implementing our ideas and taking part in this challenge. It’s starting to get very real! It’s exciting to say the least and I cannot wait to get it on. While I was filling in each section of this plan, the Lord truly did pour out his guidance upon me and I felt very blessed to have received so much additional revelation about my idea that I had never originally thought of. I’m getting excited to see how my idea will play out. I know it will do well. I know it can be a success. It will all come down on implementing the idea and carrying out accordingly.

It’s exciting to say the least! That’s really all that I’ve thought of this week and feel the need to report on. I gotta say though, business plans are crucial in the business landscape. They, especially, help to organize your thoughts and help you create specific plans for specific points. I also never knew just how long these plans can get and the amount of detail they cover! It’s incredible if done right. But I enjoyed it. This was a great week! A lot of fun assignments! I look forward to seeing what next week has in store for us!

Weekly Reflection – Week 2 – Web Business Creation

We covered much in this week’s Web Business Creation class. This week’s material built upon what we learned in last week’s and it seriously got me thinking about different web ideas that I could possibly incorporate into my future website that I will be creating for this class. The first topic that we covered dealt with brokers, manufacturers, and wholesalers. We utilized the quantify and compare functions for this assignment and learned about different websites where people can buy different products to sell on their own. It was an incredible topic to say the least. Growing up in Hawaii, my family, while vacationing on Oahu, would attend a swap meet that would take place at Aloha Stadium every Wednesday and Sunday. We bought many things at this swap meet. From watches to sunglasses, towels and hats, the possibilities were endless as to what we could buy. The reason for the variety and the cost. It was much cheaper to buy things from here rather than back on Kauai, my home island. This swap meet had everything and it was a joy when we would attend this occasional event for us. Well, fast forward a few years and now having completed this assignment, I realized that most of the items that I had consumed were sold at this swap meet and the majority of it was in very excellent condition. Of course, the websites and the things that I had bought weren’t name brand to say the least, but still, in very excellent condition and very profitable to say the least.  I also saw many of these same products found on Ebay sold for much more than what it costs on the distribution website. It was an incredible discovery and one that I have looked more into after having completed this assignment.

The final topic that we’d covered involved two additional business models that we had looked at briefly in a previous week. It covered the topic of the affiliate and drop shipping models and the difference between the two. The affiliate model consisted more of an advertising aspect that advertised to different websites where people could buy certain products. The drop shipping model was a model where people could buy a certain product from your website that could then be linked and shipped from the manufacturer themselves. It reminded me much of a middle man; you stand between the consumer and distributor and act as a means for both parties to purchase and sell products. In addition to our previous topic that involved wholesale and what we learned there, this topic built upon that previous topic and got my mind thinking about possible businesses that can be started-up utilizing all that I had learned here. It was incredible!

This week’s topics were inspiring to say the least. They came at the right time as I’ve been brainstorming certain website ideas. I look forward with great anticipation what next week has in store for us and what material we will be learning then. I am very much enjoying this class. It’s been great to say the least!



Entrepreneurial Journal – Week 2 – Planning

This week included a plethora of activities and assignments. It first started off with our first book report of the semester being due and ended on a Harvard Manage Mentor assignment on the topic of innovation and creativity. From reading the book Rich Dad, Poor Dad to the remainder of our assignments, I was reminded of a quote that my Mission President shared with our mission that has stayed with me since. I had the opportunity of visiting with him this weekend at a mission reunion and that experience coupled with this week’s assignments reminded me of his wise words and counsel. The quote is this: “Prior proper planning positively prevents poor performance.” 

I believe planning should be at the forefront of all we do. We should decide and envision, as I spoke of in last week’s journal, where we want our end result to be and then take the necessary steps in order to achieve that. Those stepping stones are included in the planning process. I remember times throughout my life this principle reinforce in many ways. My mission was one of them. If we did not plan for who we taught, we felt limited and unprepared in or material and what to say. I believe this is an important step and truly it will help us to prevent poor performance throughout our lives.

In this class, it seems like we are really making a push as to the many upcoming assignments that we will participate in this semester. We brainstormed and came up with five ideas to do for our $100 Challenge. We read a Harvard Case Study on Andy Wilson and the famous Boston Duck Tours of 1996. Both assignments taught us the preparation and planning aspects of business and both were singularly important preparation assignments for our future in this class. I look forward to all that lies ahead on this journey through this class. I hope that I can continue in the wise counsel shared by my Mission President and continually make planning central to my life. We heard much counsel and wisdom shared by our leaders this weekend in General Conference. May we go forth and plan for how we will implement this counsel. I know doing these things can only help us if we want both success and happiness in this life. Remember: “Prior proper planning positively prevents poor performance.”