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Wednesday, March 5, 2025

Entrepreneurial Journal Week 9

 Most of my thoughts are still swirling around buying in on that franchise, same as my nephew Daniel. California has made it near impossible to do so…for example the annual cost of an LLC or the required electrician’s license or 4+ years working under one…Gross pay was about $40k a month in the state of AZ with a couple of employees…it makes me ask myself what the motivating factor is in this business venture.


I’m going to keep my motivations in mind as I consider the readings from this week. I like lists! I love when writing is organized by principles or bullet points while explaining a concept. So readings this week was great. President Kim B. Clark said these three principles make up a leader: Lead by example, with vision, and love. If I were to climb that preverbal brick wall (California) to buy into this franchise (Trimlight), how does that make me a leader? What are my motivations? Will owning and operating this business allow Christ’s influence to flow into the world (thoughts by Elder Bednar). 


Well, to process these thoughts even further I have to know why I like Trimlight. Part of my interest is fear; fear is not a part of being a good leader but I can’t deny I feel fear. With the LA fires this January the state is talking about a 30-100% increase in fire insurance. As a family of 7 on one income, I’m worried how we will survive even more financial burden. 

Another interest is in my children being provided an option for work in the future. If Trimlight was successful longterm we could provide jobs and potentially careers for one, some, or all my children. Plus we have several nieces and nephews who live here, they might could use a job. As for the product, I know Jim Ritchie and Jim Collins talked about a good leader needs passion for the product. I don’t know how passionate I am about Trimlight as a brand, but I do know I’ve always loved light. I think light is one of the most obvious and beautiful symbols in the gospel. It brings understanding, clarity, safety, and so much more. Trimlight isn’t really just a way to make money, it’s a huge benefit to providing safety. It can be used for homes to brighten the surrounding areas, it can be used on commercial buildings to guide or lead people to them. Or picture a school building out here in the mountain country, Trimlight would allow the building to stand out, keep the dark shadows literally and symbolically at bay. Nefarious works take place in dark shadows. Safe places need to stay safe places. 


This thought process seems to relate to Jim Ritchie’s higher ground. A good leader takes others with them to higher ground. We can raise the standard of how we treat people and where safe places are in this world. That can be done through any venture we engage in, even a company like Trimlight.

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