Sunday, January 17, 2016

Week 2 Reading Reflection



Reading Reflection



1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? 



  • The biggest surprise to me in the reading was the impact on Gazelles. It was surprising to know how fast Gazelles can grow with a base price of  $100,000. While also learning that despite corporations downsizing over the past decade, they still produced millions of jobs. 


2) Identify at least one part of the reading that was confusing to you.

  • One part of the reading that confused me was when the author quoted, "...but I caution, do not plan to walk the latter, until you have experienced the former". Experienced a former what? Former success? A former Entrepreneurial mindset?


3) If you were able to ask two questions to the author, what would you ask? Why?

  • The first question I would ask is, "what would be the main factor to make 85% of all start ups fail in the first year?". This is a large percentage. There has to be a main reason. For instance, is it mainly willingness or economic conditions? 
  • My second questions would be, " What did the author mean by, "the things that work and those that don't are pretty much the same..." I was a bit confused by that. Did he mean that Entrepreneurship Management is the same no matter the size of the organization created? 


4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?

  • The only concept that I can disagree with the author was about myth number three. "Entrepreneurs are always inventors". Entrepreneurs are always inventing no matter if it is an idea or activity. An Entrepreneur has a creative mindset in general. They are always innovating. Whether it's finding new perspectives or creating a unique product. It is all the same. It is still categorized by innovation. 

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