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Fall 2003 Fall 2014 Winter 2003
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.
It’s supposed to be the most wonderful time of the year, but multiplying invites, conflicting schedules, and lengthy family visits can make the holidays more hectic than happy.
Around the world, young social entrepreneurs are leading the way, rewriting the rules, and changing the world. It pays to do good.
We have a son who is studying at the Marriott School. When he was about three years old, our family was living in the Governor’s Residence in Salt Lake City.
Suit, socks, and, of course, a toothbrush—you’ve loaded your carry-on, but what about your smartphone? Travel apps can get you off the beaten path, keep you on budget, and deflect boredom in Terminal 2.
Sam sits to your left, but you know him as “the doomsayer.” With each new project, he prophesies epic failure and marks every email urgent—including the one about not microwaving strong-smelling food in the break room.
Katalin Bolliger’s first trip outside of the United States was just the experience she wanted—eight thousand miles away from campus and surrounded by tigers and elephants.
Curtis Bedont thought he knew what it meant to be in the military. Though he spent his formative years on bases in foreign outposts, his fighter-pilot father never faced deployment.
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