THE MVET WAY CEMN NEWSLETTER_NOV_DEC_JAN_2016 – 2017_ISSUE_V

Are you a Contemporary Entrepreneur? By Brian Perkins, M.B.A.

Part 2 of 3 The Core Concept of Entrepreneurship In the first article, I shared the history of entrepreneurship. In this article, I will continue by examining the core concept of entrepreneurship. The core concept of entrepreneurship is discipline. A discipline that understands the six dimensions of entrepreneurship: strategic orientation, commitment to opportunity, commitment process, control of resources, management structure, and compensation and reward system. By understanding the six dimensions, a person could gather the essence of entrepreneurship and build their dream and vision around the scope of effective strategy with implementation. The discipline of entrepreneurship to build the six dimensions starts with you. That’s right, you the individual. The first test is your mindset mixed with a special personality. You cannot teach, drive, or provide initiative or ingenuity or individuality. You cannot teach a mindset or a personality. You cannot teach in the classroom the lessons learned by starting a company with nothing more than hope, and the ability to talk a bank official into giving you a loan. Do you have the discipline to be a successful entrepreneur? Out of the six dimensions, which one(s) is/are your strongest? Which one(s) is/are your weakest? Part 3 will examine further the characteristics needed to become a successful entrepreneur.

Financial Literacy and Health By Bridge McBride, M.B.A. Part 2 of 3

In the last article we discussed how financial stress can impact one’s health and how important to find balance. With today's financial climate constantly changing, the value of investing in one's ability to obtain balance is vital. Financial literacy is just one component and a worthwhile investment. Today’s climate offers a variety of opportunities. One opportunity can be to employ someone else's knowledge, talents, and skills to achieve one's goals. One expert is a financial wellness or literacy coach. This person assists one with re-training one's mindset to achieve goals and objectives more efficiently. Examine how financial and life coaches can enhance lifestyles. Just as coaches propel athletes to greatness, the same can be afforded to individuals desiring better health, lives, and opportunities. If one has the ability to control money and its uses and not allow it to control them that validates the climate of one's environment (healthy or unhealthy). So how important is a financial wellness coach in your situation? Are you ready to take hold of your stress and develop the mindset for balance and better health?