{"id":6730,"date":"2019-03-19T21:29:13","date_gmt":"2019-03-20T02:29:13","guid":{"rendered":"http:\/\/family.pep.org\/cleveland\/?p=6730"},"modified":"2019-03-19T21:29:13","modified_gmt":"2019-03-20T02:29:13","slug":"week-9-5","status":"publish","type":"post","link":"https:\/\/family.pep.org\/pamlychner\/2019\/03\/19\/week-9-5\/","title":{"rendered":"Week 9"},"content":{"rendered":"\n\t\t\t\t\n

Week 9<\/strong><\/strong><\/p>\n\n\n\n

Week in Review<\/strong><\/p>\n\n\n\n

Monday February 25, 2019<\/strong><\/p>\n\n\n\n

PEP has been really great so far! We just got through\nlearning about the Economics of One Unit, which is preparing us for the\nfinancial portion of the business plan. Brian T., our business teacher, always\nsays that \u201ccash is king.\u201d<\/p>\n\n\n\n

Today, we also had Toastmasters, which is our public\nspeaking class. It is really exciting to see how much all of the PEP brothers\nhave improved their public speaking skills. The speeches have been on a variety\nof subjects, such as amino acids, peanut butter and jelly sandwiches, and Servant-Leader\nMentality. Day by day, we are growing into the men we envisioned.  <\/p>\n\n\n\n

Simon\nH. (a.k.a. \u201cRoad Runner\u201d)<\/strong><\/p>\n\n\n\n

Tuesday February 26, 2019<\/strong><\/p>\n\n\n\n

Some of us were scheduled to attend computer lab this\nmorning, where we went over a practice worksheet on the Economics of One Unit. We\nalso did a review on Chapter 6, entitled \u201cEstablishing a Financial Foundation.\u201d\nThis will help prepare us for the test that we will be taking the tomorrow.<\/p>\n\n\n\n

In our entrepreneurship textbook, the main focus of the\nchapter we are currently studying is on analyzing cash flow. As upcoming\nentrepreneurs, we understand that in order to have a successful business, we\nneed to focus on generating a positive cash flow as quickly as possible. We are\nlearning about cash flow statements, loans, lines of credit, infusions of\nequity capital and much more. We are also learning that in order to properly\nmanage a business, we must know our current liabilities as well as long-term\nliabilities.<\/p>\n\n\n\n

Yul\n H. (a.k.a. \u201cWill Smith\u201d)<\/strong><\/p>\n\n\n\n

Wednesday February 27, 2019<\/strong><\/p>\n\n\n\n

We, the class of Spring \u201919, were very enthusiastic as we\nmade our way into the classroom today. We were well-prepared for the Chapter 6\nentrepreneurship test. There was a roar of confidence that flowed through the\nroom when the peer educators announced that it was test time. The moments\nbefore the test, we spoke words of encouragement to one another. There was an\naudible sigh of relief once the test was over, and then we moved right into the\nsecond session of class with Mr. Tim H.<\/p>\n\n\n\n

We went over the EOU templates that will be inserted into\nour business plans. We asked a lot of questions, utilizing every moment we had\nwith Tim H. Today, we lived up to one of the 10 Driving Values, \u201cWise\nStewardship,\u201d forever cementing our place within the PEP culture as Conquerors\nof Spring \u201919! <\/p>\n\n\n\n

Anthony\nH. (a.k.a. \u201cMr. Potato Head\u201d)<\/strong><\/p>\n\n\n\n

Thursday February 28, 2019<\/strong><\/p>\n\n\n\n

Today,\nwe reviewed our notes from Tim H.\u2019s lecture. Tim H., CFO of the Prison\nEntrepreneurship Program, taught us about how to structure the financial side\nof our business plans. He taught us how to properly calculate our start-up\ncosts so that our budget is done right. It is a daunting task, but it feels good\nto be able to estimate the costs it will take to run our businesses. <\/p>\n\n\n\n

A lot\nof thought has to go into how we spend our initial investments so that we\nremain properly funded through the initial phase of operation. In our business\nplans, we are able to predict where we are spending the most money and what\npercentage is necessary for marketing. From an investor\u2019s standpoint, this\ninformation is crucial in explaining what their dollars are going toward, how\nmuch they stand to gain and how quickly they can expect a return on their\ninvestment. This is the most important part of our business plan, and we are\nhappy to be learning from the very person in charge of controlling the funding\nof our whole organization.<\/p>\n\n\n\n

Ishmel\nR. (a.k.a. \u201cYellow Bizzy\u201d)<\/strong><\/p>\n\n\n\n

Friday March 1, 2019<\/strong><\/p>\n\n\n\n

Today we went to our Living in The Village class. We went\nover Chapters 8-10 in preparation for our test, scheduled for next Friday.\nThere is also a good chance that we might have a pop quiz over Chapters 11 and 12.<\/p>\n\n\n\n

After Living in The Village, we participated in pray-outs\nfor three of our brothers. Those brothers were Gregg C., Quintin C. and a \u201cghost\npray-out\u201d \u2013 because he was moved off the Unit before we could pray him out \u2013\nfor Major D. It is always an amazing experience to celebrate our fellow\nbrothers going home.<\/p>\n\n\n\n

Some of my brothers and I attended the weekly book club\nmeeting. We finally finished the book entitled Crime and Punishment<\/em>. It was good to be a part of a group of people\nwho have a desire to broaden their literary understanding and share their ideas\nwith one another.<\/p>\n\n\n\n

Angel\nG. (a.k.a. \u201cPepe Le Pew\u201d)<\/strong><\/p>\n\n\n\n

Expressions<\/strong><\/p>\n\n\n\n

\u201cLove without a standard is not love at all.\nIt\u2019s just brokenness trying to find a home.\u201d<\/em><\/p>\n\n\n\n

~Unknown<\/p>\n\n\n\n

Many people associate love with a rose. Love is\nnot a rose! A rose withers and dies in harsh conditions, such as winter. I say\nthat love is the root system. Roots take hold and stand firm. They survive the\nharshest of winters safely beneath the soil\u2019s surface. It is only through the\ntenacity of the root system that a fresh new rose sprouts and blooms each year.\nSo please remember that when we do face winters \u2013 and all of us will \u2013 that far\nbeneath the bitter snow lies the capability that, with the Son\u2019s love, in the\nspring becomes a rose. Let Him be the standard by which we love ourselves and\nothers.<\/p>\n\n\n\n

James R. (a.k.a. \u201cBiscuit and Jelly\u201d)<\/strong><\/p>\n\t\t","protected":false},"excerpt":{"rendered":"

Week 9 Week in Review Monday February 25, 2019 PEP has been really great so far! We just got through learning about the Economics of One Unit, which is preparing us for the financial portion of the business plan. Brian T., our business teacher, always says that \u201ccash is king.\u201d Today, we also had Toastmasters, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[10],"tags":[],"class_list":["post-6730","post","type-post","status-publish","format-standard","hentry","category-clsp19"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/family.pep.org\/pamlychner\/wp-json\/wp\/v2\/posts\/6730","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/family.pep.org\/pamlychner\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/family.pep.org\/pamlychner\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/family.pep.org\/pamlychner\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/family.pep.org\/pamlychner\/wp-json\/wp\/v2\/comments?post=6730"}],"version-history":[{"count":0,"href":"https:\/\/family.pep.org\/pamlychner\/wp-json\/wp\/v2\/posts\/6730\/revisions"}],"wp:attachment":[{"href":"https:\/\/family.pep.org\/pamlychner\/wp-json\/wp\/v2\/media?parent=6730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/family.pep.org\/pamlychner\/wp-json\/wp\/v2\/categories?post=6730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/family.pep.org\/pamlychner\/wp-json\/wp\/v2\/tags?post=6730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}