Sunday, July 21, 2013

One Tequila, Two Tequila, Three Tequila... FLOOR.
Tom Nall created a tequila brand soon after he retired. There are a lot of things we can learn from his life. His video can be watched here: http://www.actonhero.org/celebrating-heroes/stories-of-heroes/index.php?hero=tom-nall Here are some important things we can learn from this Entrepreneurial Hero. 
  • Learn from experience: As Nall has been able to work various job positions, he utilized the skills he learned from each position for his benefit. 
  • Change: When life requires us to change or for change, we should do what we can. Entrepreneurs don't repeat others' ideas, they show why they are unique. 
  • Entrepreneurs = Calculated Risk Takers. Nall wasn't in the tequila industry because it was a fun idea, he learned the business and referenced important information so that he can make important and calculated decisions.
  • Continued Education: To the day, Nall continues to learn from those that he hires and puts on his team. He finds education from many people, no matter their skill level. He tries to find the people that will make his business creative and unique.
  • Values: Honesty, integrity, support for others, and hard work is something that Nell and his company focuses on. 
Entrepreneurs and their Example
This week we talked about various entrepreneurs and the things they did to find success. Steve Jobs was one individual that we talked about. Some ideas that I thought was important about Jobs were the following:
  • Do what you love. Many times, we do things out of convenience, or ease, but do we ever do anything because we love it? Do what you love, and don't have any regrets doing anything other than that.
  • Education. Education can be a defining factor of what we do in life, but don't let it. Take things that excite you, or could be beneficial for your future. 
  • Connect Dots. At times, we may do things that we may not understand. Later in life, we will be able to connect dots, and those things we may not have understood at the time, will make more sense to us later.
I also talked about Richard Branson and the Virgin brand. Virgin has taken various attempts to tap into other markets. Why not if you are a well known brand? Branson and the Virgin brand tries to take advantage of their name and the opportunity to penetrate potential markets.

The Challenge
This week we finalized our $100 Challenge. This week I put a PowerPoint presentation together, and broadcasted it through YouTube. I feel very good about the work that I have done, and the work that I plan to do. I feel that this challenge helped me find a good business industry to tap into, and has landed me in a great market to operate the business.
I would have worked more diligently in getting more product out to our customers' friends and connections. But, I did find that our networking efforts will assist us in our future goals in helping other customers. Now, we have a basis for the company, we just need to continue our efforts and make Media Pro what it should be. 

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