Week 12 Reading Reflection

Strategic Entrepreneurial Growth

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?

a.       One of the biggest surprises reading chapter thirteen was learning Facebook's origination. I knew that Mark Zuckerberg found Facebook in his dorm room at Harvard. However, I didn’t know that it was originally called Facemash, and he hacked into Harvard’s secure student database to design a website to rate the attractiveness of female classmates.

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

a.       I was a little confused on the Entrepreneurial Strategy Matrix. I was thinking, how could you have low risk with high innovation? Wouldn’t you have an equally high risk with a new innovation? I guess if you did a ton of research, there shouldn’t be that high of a risk. Also, it would depend on the venture. However, there could be bugs with the new innovation.

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

a.       I was surprised to know that Entrepreneurs have a lack of strategic planning. I didn’t realized that they were categorized as, “generalist”. Entrepreneurs have creative minds, I would assume that planning was a key for new ventures. Is this lack of strategic planning related to start up failures?

b.      On a global perspective, how is ecommerce effecting outsourcing? The article talking about how outsourcing can lead to increase competition brought this topic up. Will there be more outsourcing with increased ecommerce sights?

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

a.       I didn’t come across anything that I really disagreed with. However, I realized why Brin and Page left Google in the hands of another CEO in order to move on to bigger ventures. They are entrepreneurs and innovators. They needed to leave the management frame of mind behind in order to create new and bigger things, like Alphabet Inc.