No business curriculum is ever complete without some
finance thrown into the mix. In this course I was fortunate enough to meet up
with an old favorite in Robert Kiyosaki’s Rich
Dad, Poor Dad. Having read this book already a couple of times while going
through my undergrad, it was the professor’s fresh take on the literary work
that made me think with a new perspective towards the book. Aside from this
secondary course text, my personal experience in running a business along with
the primary course text, Entrepreneurial
Finance (5th Ed.), I was able to really dive deep into this
course. More importantly, I was able to see how business finance translates
into and functions within the entertainment industry.
Aside form the standard work one does with financial
statements and the process one takes to make any business profitable, there are
other assets and skills this course helped polished. One skill this course
helped mature was in laying the groundwork needed to look for financing options
for new or existing businesses. Not having had to deal with any financing
efforts in my previous business, learning how to best identify financing
opportunities for different businesses and initiatives was a key take away from
this course. It was here where I also began to develop a strategy, that would
later be perfected in the last two course listed above, as to how to go about
finding investors and/or venture capitalists with the hopes of securing equity
investment. Finally, as a current amateur investor in stock market, I was able
to put myself in the shoes of an investor and look at profitable possibilities
to invest in the future. This knowledge and ability to analyze financials in
this way is priceless to me not just as a businessman, or an entrepreneur, but
also as a fiscally responsible human being. This course has strengthened my professional
resume by honing in on my past financial experience and coupling it with the
teachings of Entrepreneurial Finance
in order to make better, monetarily sound, fiscal decisions.
