Friday, May 13, 2016

My Entrepreneurship Story

First the easy stuff…I enrolled in this class because I am an online business degree seeking student and ENT 3003 is a required part of the curriculum. I take only one class at a time and this is my fifth of fifteen classes toward my degree. I hope to learn the process of entrepreneurship and how to successfully apply it to my personal goals and needs. I see a great deal of potential in applying the learned skills to advance my career or be aware of other opportunities that may lie ahead.


The most obvious time I have been exposed to entrepreneurship is when my wife and I decided to get into the rental home business and bought houses to rent out and watch the money roll in. What a wonderful hands on experience in how to be completely stressed, broke, overwhelmed, and full of doubt. We certainly had the passion and drive, but lacked experience and resources. We handled everything ourselves from finding tenants to changing out hot water heaters. Every aspect was a learning experience. Being cash conscience, we didn’t think we could afford to sub anything out. After several years of struggling (and learning) we decided to pull back the reins and now have just one rental house which is completely managed by a professional. 100% hands off! The potential reward may not be as great with just one house, but the peace of mind that comes with allowing an expert handle the day to day operations is priceless. I have no regrets because the valuable lessons learned in my opinion make me better positioned for future opportunities. Hopefully this class will help hone those skills, and then maybe one day I can afford this...

3 comments:

  1. Hey Jeff,

    First off, congrats on enrolling on ENT3003 -- I look forward to working with you in this class! I, too, am hoping to learn the process of entrepreneurship and agree that there's a to of potential in applying the learned skills in this class to advance our careers and grow as professionals. I think it's amazing that you and your wife entered the rental home business and bought houses the rent out. I've always wondered what the prospect of being a "landlord" would be like, especially because I've always been a renter. I've actually always been intrigued with the idea of flipping houses, and have thought about obtaining my real estate license, as well. It sounds like you have a lot of experience of being an entrepreneur thus far, so I think you'll ace this class with flying colors!

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  2. I believe that you will really enjoy this course mainly because it seems like you have a genuine interest in the information that is offered in this course. You have a lot more experience with entrepreneurship so hopefully I can learn something from you. Here's my story, check it out http://skylarransom.blogspot.com/2016/05/my-entrepreneurship-story.html

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  3. Hey Jeff,

    I took this class for the same reason! I hope you enjoy it and get as much out of it as I did! I look forward to working with you throughout the rest of the semester!

    - Ryan

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