Learning from our mistakes…

This week I learn about the importance of learning from our mistakes. Many times we have to experience failure in order to succeed. The best entrepreneurs and successful people have failed many times, but they have not surrendered. We only have to win once. Failing is a good tool to achieve success if we learn from it. Every time we make mistakes, we have to learn from them and become stronger. Spencer W. Kimball a prophet of God said “Where there are challenges, you fail only if you fail to keep trying!” We need to learn how to keep trying. We don’t have to surrender because trials come to our life. They come to us to make us stronger and better people if we take advantage of them and learn from them.

The entrepreneur Paul Robshaw learned from his mistakes after losing everything in his life he got back on his feet again.  Money is not everything but it gives us more tools to help the people around us.

After being two weeks in bed because of a surgery I learned a lot the value of good health. I am excited to feel good again and I am ready to start my $100.00 challenge.  I know that it won’t be easy, but it will be worth it. At the end of the challenge I will realize that after a hard work we can finally obtain our reward!

Challenging week!

This week I had an emergency. I had a surgery where my gallbladder was removed because I had gallstones. I am in a lot of pain because this week I realized that I also have a gastric ulcer. I am a good student and I tried to give my best. This week I learned a lot about Tom Monaghan. No one can say that achieving dreams is impossible. Everything is possible but we need to work hard. Dreaming is easy but becoming our dreams true will really prove our desire to accomplish them. I admire Tom Monaghan because after becoming rich he decided to devote his life to serving others. Even though he is not a member of The Church of Jesus Christ of Latter Day Saints he followed the teachings of Jesus Christ the we found in Jacob 2: 18-19 “But before ye 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—to clothe the naked, and to feed the hungry, and to liberate the captive, and administer relief to the sick and the afflicted.” He also did what the rich young boy couldn’t do in the bible. He left his riches behind and followed Christ.

I also learned that it is good to have different ways of thinking and different skills in a group. I always thought that the best working groups were those where the people had similar ways of thinking, because there was no conflict and things could be solved easily and in a good and happy environment. This week really opened my eyes and helped me understand why diversity works in a team that want to solve problems or find different solutions. 

Last thing... this week I discuss with my classmates ideas to reach our $100.00 challenge. I realized that if we think negative any good idea will be impossible to make. We need to have a positive thinking in order to achieve our goals.

My first attempts…

I am starting a new adventure. I have a challenge of making a small business that can generate a profit of $100.00. Probably is not a lot for many people but for me it means 8 times more. I live in Guatemala and our money is worth 8 times less than a dollar. That means that making a dollar is 8 times harder for me. I decided to sell delicious banana bread. I am working on the logistics and I am excited about it. The cost of the banana bread will be $.0.38 and I will sell them at $0.62. I cannot ask for more because people won’t pay it.  $0.62 means Q.5.00 in my currency. It is an attractive price. I am motivated because it is really a challenge. I am also motivated because I have chosen to donate the money to a 69 years old lady from my country. It feels good to know that I will help someone with my effort. I am reading the book “Think and Grow Rich” by Napoleon Hill. I understand that in order to achieve good things I have to work hard and give my best. I have to think that I can achieve my goals and I have to work with a plan. I know that is it possible to reach my goal of $100.00 and I hope I can make more.      

                It is good to know that in a few weeks I will have the opportunity to look back and realize that today something that seems like a huge mountain difficult to climb will still be a mountain but I will be stronger and I will have a better perspective of business from the top.