Team Update

Our focus was changed a little bit this week with the new information during our second consultation. We found out that our client was a little too vague during the time that we met with him. So when we got to our next consultation he had a different story of what we were supposed to do. This is kind of putting a bind on our research and we are needing to more research. I realized that we have a lot of information so we just need to filter through it and we can get the information we need. I guess that is the good thing why we have so much time to research these things.

So as of right now we are trying to get things together so that we can be focused on what needs to happen. I realized that our intern is a little bit unorganized and needs to focus on what really needs to happen. There really isn't that much more to say because of what happened with our second consultation.

Personal Project Update

This week was pretty amazing I think. I was visited by one of my uncles and I sat down with him to find out more about his business. I would love to work with him and his partners. When I was sitting with him I asked a little bit about my situation and what was the best path for me to go down to find out about the industry. Also I asked him about doing an internship with him. He was willing to give me an opportunity to maybe work for him. That is going to be a lot of fun. I also presented him with the idea of maybe looking into BYU-Idaho students for internships down the road. So I have some more meetings with him about that.

I realized this week that I need to spend more time with more mentors in the university and less with my little things. I have found out that the teachers here are ready to teach us things and show us things that do not come in a textbook. I need to spend more time going behind teachers. I love the influence that they have on the work force. Also I decided to continue on this job interview that a company out of Idaho Falls is trying to open up for students around here. It is a small investment firm that they have and are trying to expand by hiring other people, maybe interns. Right now that is my main focus because it will help me move forward into the work force. If I am going to be a financial adviser then I need to understand investments a lot more than I do now.

Gathering Info

This week my team and I were gathering the last bit of our info before the second consultation. I have been in contact with a lot of universities about my project because the INL might be using their facility to help out he college for their studies. There have been a couple of things that I have made progress with. Here are the following:

1. Found out that there is a pretty easy way to obtain funding from the government if they can see that either you will provide jobs for people or are eliminating threats (e.g. fossil fuels, expensive electricity, etc...) but the government will help out where they can.
2. Next we are putting together the info in a word doc so we can present the info to the client at the end of the week.
3. The last thing that I have done is calculated prices for the different materials for bio-fuels part the project. This will help the INL have an idea of how to project the costs for the many different energy systems they will do.

This is about all that I have really worked on this week. I have made progress from last week because I was able to narrow my focus down to what specific companies work in the specific industry.

Gospel Principals 5/31-6/5

This week was pretty interesting. As you know that I changed my idea and personal project to financial planning. This week I was asked to write up a book report about a book, The Richest Man in Babylon. During my report, I sought the spirit while doing so. I realized something that I was overlooking. I thought about just going into this new project with the idea that I will be helping people with their finances. So I thought about just finding out the industry, and then applying the info into my life to make me more appealing. Well that is not the way for me to do so. I found out I need to obtain the principles taught in the gospel, before I can go out into the work force.

Of course I do know that in the world I will not be talking about gospel principles, but I understand that I must first seek for the guidance and then everything will fall into place after that. The first thing that I was looking for is what the Lord's prophets of old (Book of Mormon) taught about finances. The reason why I did so is because The Book of Mormon is a great example of parables that would work in this day and age. I sought through the spirit the best way of managing my finances and such. This is going to be best suitable for me because then with the experience, I can teach someone off the street the most basic. I found that it is very important to take care of yourself before you pay your bills and such.

I realize that the main reason why we could be appealing is if we did exactly what was asked of us. This is what I learned during this project this week. So what I have decided and what I am working on right now are financial plans, (e.g. 401k, Roth IRA, Trusts, Bonds, etc...) This has helped me out a lot.

New Idea Week 5/23-529

There has been some great things going on this week. First off, I have not been keeping up with my blog because of mainly two things. One is because of the laziness when it comes to technology and because I am in the middle of opening my third business, so I have not been putting forth the effort towards all my classes. I have been keeping a personal journal of everything since day one, but I have not been putting it on my blog. I do apologize, but this is a great opportunity that has been presented to me. So I have decided that I should do much better and keep it even with everything and everyone.

Well my first project was to work on outdoor apparel and outdoor companies. As I chose my two companies, Cabelas & North Face, I found some great things to work on when it came to the social networking. As I keep gathering things, I came to realize this week that I have learned a lot, but the Lord does not see me working in those industries. I have had a huge impression that I need to be studying something totally different. I've prayed many times and had received my answer in the middle of the week last week. I felt very prompted that Financial advising is the area that I need to pay attention to. I didn't know why until I received a phone call from my mom that I am going to handle a huge Trust fund. I am going to be dealing with people in a hands on experience. I feel that the Lord is looking out for me and hopefully this is a great thing for me.

Brother Bell told me that anyone can get a job anywhere even if they are not hiring. How? You make them money and be valuable to them and they can make job openings in any area.

Here is my progress for the week:

1. I completely changed what I was studying and prayed more and more for the right direction when I was not getting very far with my other choice. The first thing I did when I changed was get on the phone with my family that works in the financial world. I have had appointments with them and have gone in the right direction.
2. I felt that I have found something that I could learn some things that people have not learned. My competitive advantage as of right now, is that I'll have hands on experience with some financial programs. For example this Trust that I am managing now.
3. I've learned that it is true, that you do not live your life according to your own understanding but by what the Lord has in store for you. I truly believe that.

This has been a very interesting week.