The failure I've faced this semester is the lack of taking action. With the entrepreneurial venture I have, I have thought about pursuing it with my best friend for several months before the semester started. We have thought up lots of great ideas but have continually failed to meet deadlines and get anything done because we are still prioritizing other things over getting the business started. One of the largest failures we have encountered is that we have seen new competitors in the market be successful after we already had the idea so we know that we could have started and been successful.
This has made us learn and come to realize how important it is to "do" rather than to just think. I think it would be helpful if we made everyone aware of our venture so that way we are held accountable for our actions rather than having no consequences since nobody knows.
This class has shown the value of taking action. If you were to truly follow all the requirements for this class you would be well on your way to making a business happen but its easy to slack off and not take everything seriously because we are wired now to prioritize exams for other classes over things we want to pursue even though we are well aware that as business students our experiences are way more valuable than our GPA.
I agree with your statement on how important it is to do rather to just think. It is good realizing this at such a young age because there will come a point when it is too late. As much as it sounds having a great idea, you can never be satisfied with just having that idea. Eventually you will have to break off and make it happen. I think your idea that you have pursued throughout this class is awesome and am curious of how it will turn out.
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