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Post by chadraziano504 on Sept 3, 2013 11:55:23 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.'
This article relates to my past experiences when it talks about high risk can result in high reward. I believe that statement is true and that following your passion will result in being happy everyday at work. I will use a few pointers from this article. I like how the article tells you not to be afraid to go out an start a business and doing something you are passionate about. This article refreshed my mind on how starting a business can have high risk but can also result in high reward.
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Post by wparker on Sept 3, 2013 12:39:17 GMT -6
"Even if you fail, 'there's absolutely no downside'"
The key thing I take away form this is " if you're passionate about something, go for it." Now I have no interest/passion in creating my own business, but I am passionate about accounting principles and table top gaming. I decided 2 semesters ago that I wanted to become an accountant for Wizards of the Coast LLC. They are the leading providers of table top games such as Dungeons and Dragons and Magic: The Gathering. I want to work for a company that shares my passion for gaming. "Passion yields engagement"; I would be very passionate about making sure the company is accounting properly so the company can continue to create new and exciting games for the community I love. Because of this passion, I would engage with other departments to form a strong communication so that we, as a company, can continue to strive in the marketplace. The second thing I take away from this, is that failure is never a bad thing. Whether it's from a failed job interview, failed business plan, or a failed relationship, you will always learn from your mistakes and plan ahead on how to prevent them from happening again.
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Post by ashleylevernharrison on Sept 4, 2013 1:00:06 GMT -6
Instant MBA: Even if you fail, "There is absolutely no downside" I think that everyone should always strive to achieve their goals, whether it is owning a business or finishing school so that you can work for other people. There are going to be days when you want to give up, but if you can get through those rough patches then the benefits that you will have after you accomplish your goals will far outweigh those days when you felt like a failure. Everybody fails sometimes, but what separates the leaders from the followers is what that person does after they fail. You will either learn from that failure and do better the next time, you will give up and never try, or you will not learn from you mistakes and keep doing the same things over and over again. When you are doing something that you always wanted to do (doing something that you love doing) then it is no longer a job and you will want to do that thing everyday. You also won't get burnout as easily as someone that doesn't enjoy the career path that they have taken.
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Post by blaircavalier on Sept 4, 2013 10:22:10 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.'
There is no better way to be successful in life than to do something you love to do. This article is 100 percent correct. Those who love doing what they do, are the ones who will be successful at what they do. They are able to put everything into their job and do everything possible because they are more willing. Someone who doesn't really like their job may only put in what is necessary to get by, but someone who enjoys what they do will always strive for me. With the economy the way it is today, there are alot of risk in starting a business. Although the risk may be high, it is still not impossible. If owning your own business is something you want to do, why not try it. Life is full of risk and we take chances everyday, why not today? Why not take a chance on something you can love to do for the rest of your life?
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Post by jessicareid on Sept 6, 2013 8:33:43 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.'
This piece of advice is on a different, more emotional and intuitive level than most lessons we learn in business school. They are basically saying that the experience is worth more than the reward. Do what makes you happy! This is something that a lot of people forget and tend to hone in on making the most money and having the biggest house or fanciest car or whatever the case may be. As long as the business you're in is something that you are passionate about you will have a higher quality of life than someone with different priorities.
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Post by natjohnson90 on Sept 6, 2013 9:37:27 GMT -6
This is a great inspiration article for those business people who want to open up their own business. I like when it said, go into something you love to do. Many people go into job fields where they're not happy and there just for the paycheck. Yes, you will have bumps in the road but that do make you stop. Keep pushing and stive for the best. This is a great inspiration article for future business majors.
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Post by stephaniemeyer on Sept 7, 2013 19:40:05 GMT -6
This article really hit home for me as I've just recently made a career change into the profession I've always dreamed of doing--teaching. I earned my Bachelor's in Business and am working towards my MBA, and I stayed in management for several years to gain experience in handling even the most difficult of employees. I knew this would help me in a classroom. Finally, though, I just took the leap, put in applications for teaching and got hired! I quickly gave my two weeks notice and am NOW, finally, working at my dream job! So the author is this article is correct in saying "Just take the leap" as if you love what you do, it's truly NOT a job.
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Post by bgoree13 on Sept 8, 2013 20:16:25 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.
Most people believe that their business will succeed because they have the drive and ambition even though statistics say otherwise. When starting a new business, it is important to keep an optimistic attitude but it is also in the person's best interest to have a plan B. When starting a new business, there will always be that risk and thoughts of "what-if", but if you are doing something you truly love and you have strong partners and/or investors, then the risks should be minimal. It's okay to have the nervous thoughts, but you never know what you can achieve if you don't try! ^_^
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Post by kselders on Sept 14, 2013 20:20:19 GMT -6
Not only is the article true but, I must disagree in some aspect. Why not aim for success and perfect as you go, but enjoy the process as a whole. Sure you may be out of options, but when that time comes you’ll know you enjoyed it aside from just having fun and not handling your business to stay afloat. I want to love what I do, but I most also consider my future and financial stability along the way. Sometimes the risks outweigh the result so, it is imperative to consider happiness and living. I’ve been to many jobs and dreaded going but, I went because I had obligations and I used these jobs to not only learn new things, gain financial increase, but as stepping stones.
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Post by w0426116 on Sept 23, 2013 10:05:08 GMT -6
What I received from this article that there are really no downsides in life, if we as an society looked at things for the experience rather than the profit then we actually realize that the experience is the profit. When you’re fully committed to something you can find yourself saying “whew where did the time go” rather than doing something because you have to, or something you’re just not that interested in and saying “ feels like I been here all day, where is 5 o’clock”. Those that are committed genuinely and really enjoy their job or task become more likely to succeed rather than fail.
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Post by rpajares41 on Oct 22, 2013 16:32:23 GMT -6
I agree with the main idea of this article, if someone does something they like to do then it becomes much easier to wake up for it everyday and they won't have as much stress when they go home. However, I do disagree with "'I'm just doing this because it will get me to this new place,' or 'I'm just going to go into this analyst program because it will prep me for X." I think that we all have to go through X to get to Y, I want to own a business but I know realistically I don't have the knowledge to do that yet and I need to take certain steps to gain that knowledge; whether it be by taking extra schooling, interning for certain businesses and then working up the corporate ladder. I think that is part of the business world, you need to do X to get to Y and become a more credible and reliable business person.
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Post by datren on Nov 4, 2013 20:18:52 GMT -6
Instant MBA: Even If You Fail, "There's Absolutely No Downside."
This article presented very valid and insightful information I agreed with. I believe that failure is inevitable, but it should not define your successes rather it should inspire them to be greater and shape better solutions. After all we are human and the only that is certain in life is uncertainly which ultimately leads to failure. The most important lesson one can learn is to never compromise what you believe in and hold true, until it is thoroughly and indefinitely proven false. This article summarized these ideals with a more concise message.
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Post by daltonrainey on Nov 7, 2013 11:17:17 GMT -6
Instant MBA: Even If You Fail, 'There's Absolutely No Downside.
I completely agree with this topic. You only have one life so live it doing something you enjoy to do. When someone enjoys their job, they put everything into it and try to be the best they can be at it. I also believe you should risk it all to succeed. You have to be willing to give up everything to achieve the goals you have set for your self in life.
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Post by clayb1919 on Nov 8, 2013 1:50:08 GMT -6
I completely agree with this post. If you don;t find your passion you are never truly happy. Personally, i don't think I could ever work for somebody which is why I plan on starting my own business soon. It is very risky and very scary and I could completely fail, but i'm not going to live a life of regrets. I am going to pursue my passion and try to make money my own way.
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Post by ebonisw on Nov 8, 2013 21:27:30 GMT -6
INSTANT MBA: 'Even If You Fail, 'There's Absolutely No Downside.'
Not only is doing what you love an optimistic way to handle potential failure, it is also a lesson learned. From your first business, you gain first-hand practice and insight on what it’s really like to have your own business. You have the opportunity to start over again with better business practices. Eventually you might grow to learn better ways of doing with you love that actually makes your business more prosperous. Sometimes success comes after failure.
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