Entrepreneurial - Career Path by Professor Andy Ferreria (Asian Institute of Management Professor)
I'm typing here the things that i jotted down during the Lecture of Ma. Ferreria.
(this post is for my dear Amchamate Telai from Ateneo de Davao..im really sorry dear if this post is somewhat short..)
the things that were written on my CBRE pad (CB Richard Ellis International Real Estate Services) are kinda short..
waaahhh..i mustve concentrated on eating the KFC meal and eating Patty's Birthday Cakes. hahah. :) plus..the fact that im tired. the travel to laguna was kinda exhausting. the heat is "urgh".
anywei..here it goes.
it says here that :
"TAKE A PROFESSIONAL EMPLOYMENT".
of course! everyone must take this into consideration! why did you take up college when you're not into landing a "professional" job?..
ENTERPRISE
SEE - SELF MASTERY , ENVIRONMENTAL MASTERY, ENTERPRISE MASTERY.
SELF MASTERY:
- IQ has nothing to do with entrepreneurs.
- IQ is something you're born with.
AQ - Adversity Quotient
what is it anyway?
According to Bruce Elkin:
"Adversity Quotient (AQ)® is a global predictor of individual, team and organizational resilience and success."
"Adversity Quotient (AQ) is a scientific measure your personal and team resilience-how you habitually respond to and deal with adversity."
it tells how long until you give up. (well for an entrepreneur..you must NOT give up! Opportunities are there. Sizzling hot!)
and if ever you fail, AQ measures how fast you stand up.
I personally havent taken this test. but im gonna take it soon.
ENVIRONMENTAL MASTERY
taking opportunities and having a total understanding of where you are :)
ENTERPRISE MASTERY
(need i say more?)
THE ART OF PASSION!
* The EQ of an Entrepreneur is very high.
* Entrepreneurs are NOT creative. THEY ARE WHOLE BRAIN. (meaning both brains are working..the left cerebral hemisphere is supposed the coldly logical, verbal and dominant half of the brain plus the right developed a reputation as the imaginative side, emotional, spatially aware but suppressed. ) TWO PERSONALITIES IN ONE HEAD.
TOPPING IT ALL..THERE'S STILL AN OBLIGATION!
an entrepreneur should take into consideration the "risks".
yes. the "risks". the uncertainty that the business may seem to be booming right at this moment but may be falling to pieces the next day.
no business isnt really that perfectly made to meet expectations
(let's keep it real.)
How to do this?
Step 1: Describe your life upon retirement?
most people dont take this into consideration. literally meaning.. the expenses involved when you retire. its not like you're thinking of "death". its learning the TIME VALUE OF MONEY.
this i have learned from my Financial Management class. fluctuations of prices is EXPECTED.
a commodity is one good thing. we are all aware of it! INFLATION rules our economy.
Step 2: Inflate it!
how again? take note of its FUTURE VALUE.
so i think this post is kinda lame.
but i tried :)
ahihi..
i hope i helped telai in a way :)
