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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.
When my wife, Bonnie, and I graduated from Utah State University, our commencement speaker was Gerald Ford, then vice president of the United States and the proud father of a member of our graduating class. He commented, “It was Horace Greeley who said, ‘Go west, young man,’ but it was Brigham Young who knew where to stop.”
Elder J. Willard Marriott Jr., president and chair of Marriott International, and Richard E. Marriott, chair of Host Hotels and Resorts, joined other church leaders, campus officials, faculty, and members of the National Advisory Council 25 April 2007 to break ground for a significant addition to the N. Eldon Tanner Building.
Looking Back–A Century Since His Birth
Avoiding Illegal and Unethical Transactions
Strategies to Succeed Against the Big Guys
THIS IS THE FINAL INSTALLMENT OF A THREE-PART SERIES FOCUSING ON ECONOMIC SELF-RELIANCE.
Visiting with top executives, touring bustling factories, and meeting with micro-credit applicants is not an everyday occurrence for Marriott School undergraduate students—unless you happen to be on a business study abroad.
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.
I own two small companies. It’s hard to pay myself benefits, let alone all my employees. The first thing to look at is making sure they are paid a competitive wage, then add vacation/holidays and keep within reason. Next, they might need health insurance, but if the spouse is working elsewhere and is covered, we can sometimes eliminate it. Finally, you might look at adding tax deferred savings plans and insurance. Since both my companies are retail, we offer very steep discounts to employees. It has been my experience that most people working for small companies do not expect superb benefits. Also, in order to keep costs down, you must do a lot of shopping.
A Business Idea Whose Time Has Come
Several weeks ago, I traveled to the north side of Chicago to visit my son. I drove from downtown Chicago to Lincoln Park, where he lives. As I turned onto Clybourn Avenue, I suddenly encountered a scene that I hadn’t seen or thought of in years—the Clybourn Gospel Chapel.
2001 Microenterprise Conference Address