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Entrepreneurship is, in many ways, the lifeblood of our economy. Each year, more than half a million businesses are started, and millions of jobs are created in the United States alone. Additionally, the entrepreneurial itch helps advance technology and diversifies the economy.
I once knew a man who worked for a major oil company. He managed a large wholesale territory that sold fuel and oil products to airlines and other big accounts. Some years ago, the company decided to pull out of his territory. They offered him the opportunity to buy the wholesale business “for a song,” which he readily accepted. He worked diligently and set specific financial goals for his company. He committed these goals to writing on 3x5 cards and kept them in his shirt pocket so he could frequently review them. Everything he did with that business was aimed at fulfilling these goals.
Three tech-savvy students have redesigned a BYU rite of passage: the search for Provo housing.
The Marriott family is particular about what they attach their name to. Marriott believes that young people with good values and strong character will be the essence of business success in the future.
Coming up with the tagline "Marriott 25" was simple. But the task—twenty-five thousand hours of service—was Monumental. With a capital M.
Preparedness has been preached by the Boy Scouts, the federal government, and Dwight Schrute (remember that episode where he sets the office on fire?). And there are far too many cautionary tales of people and businesses that failed to prepare and faced tragic consequences when disaster struck.
A word of advice to the newest graduates of the School of Accountancy: learn to take a good ribbing—because while you may have just earned a coveted degree from a top-ranked accounting program, you’ve also just entered one of the world’s most-stereotyped professions.
Growing a garden isn’t all weed pulling and sweat. It’s a boon for your health—not to mention your dinner table. In fact, gardeners consume the recommended amount of fruits and veggies nearly twice as often as their non-planting peers.
The Utah Governor’s Mansion was blanketed in soft, blue light. The occasion was World Autism Awareness Day 2014, and buildings across the country were swapping bulbs to highlight a disorder that affects one in sixty-eight American children.
Assistant Dean Joseph D. Ogden discusses the growing impact of fraud with international fraud expert and Associate Dean W. Steve Albrecht. Albrecht has published more than eighty articles in professional journals and numerous books on fraud, personal finance, and accounting. Throughout his career he has consulted for more than sixty-five organizations including British Petroleum, Bank of America, General Motors, IBM, the United Nations, and the FBI. In addition, he has served as an expert witness in twenty-six major fraud cases, the largest of which was $2.8 billion. Finally, Albrecht has been recognized by Accounting Today as one of the top one hundred most influential people in accounting.
My family and I are very proud to have our name associated with this great school—not only because it’s a terrific educational institution, but because we espouse similar values.
Industrious alaskans have developed unique stress management techniques. Many employers in the northern region give employees “subsistence leave” as a negotiated benefit. How do the thrifty natives use their subsistence leave? They prepare for the cold months ahead by drying and packaging hundreds of fish and enjoy family time together handpicking quarts of blueberries.
Lessons from Joseph Smith, Lehi, and the Recent Accounting Scandals
Who’s Putting Their Money Where Their Mouse Is?
Successful organizations are dynamic, not static, always looking for a better way of doing business. With a vision of what they want to become, they set goals that make the vision a reality.