Dropship vs Affiliate

This was taken from an essay written by a student at BYU-I and is published here for our learning and edification; I look at the two methods using three variables; time commitment, feasibility, and return costs and hassles. Drop shipping lets websites send low quantity orders to manufacturers that then ship out the orders to…

Final Thoughts – Master Your Skills

What have I learned in this course? I’ve been working for many years now and many of the principles taught in this class I’ve learned at one time or another. However, it was great to be reminded about finding joy in the work we do. There were a few principles we learned that I appreciated…

Set Yourself Up for Success

Gary Player is often quoted as the person who first said, “The harder you practice, the luckier you get.” Although he denies being the person who first coined that phrase (please see Golf Digest magazine in 2002), the principle is correct. Louis Pasteur recognized more than a century ago that we must set ourselves up…

Entrepreneurship, Consecration and Service

Elder Robert C. Gay a general authority of The Church of Jesus Christ of Latter-day Saints, gave a talk to the faculty and students of BYU entitled “Entrepreneurship and Consecration”. In the introduction, we are told that, before becoming a General Authority, he was the managing director, co-founder, and chief executive officer of Huntsman Gay Global Capital, a private equity…

Measuring the Cost

Being an entrepreneur is a full-time job that is demanding of your time and attention. The family and those close to you can become neglected along our entrepreneurial journey. How can we protect those precious relationships? This section discusses some of the costs associated with success and providing safeguards that will protect our loved ones…

Dream Big Dreams

When deciding on an entrepreneurial venture, we are often told to “Forget yourself and go to work”, which is easier said than done. We are so involved in our day to day activities that we forget the important things that matter most to us. An entrepreneurial venture gives us the opportunity to immerse ourselves in…