Sunday, January 24, 2016

Week 3 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 for me in the reading was the absolute bluntness that the author has for the risks that come from being an entrepreneur. Everything that I have read on the subject of being an entrepreneur was always positive yet, they take a dark turn and talk about the very real possibility of failure and what happens.

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

I was confused when it came to the idea of all of these so very specific requirements to be an entrepreneur while there is great variance in how successful ventures establish themselves. Each of these aspects do not have to apply to a specific entrepreneur like high energy level when such examples to the contrary exist.

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

I would ask the author if he believed in an idealized version of the entrepreneur because much of his writing talks about things that are required to be one yet, some success stories lack some of these elements and replace them with others. Another question I would ask is why would he talk so in length about morality if most firms by their very definition are above board and are ethical as only around 5% of firms actually do anything truly criminal.

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

The author was definitely in the wrong about the idea that psychic or mental issues are the biggest problems to an entrepreneur as many have actually nothing left. This usually means paying back loans and all sorts of debts back for the rest of one's life forcing them away from ever being an entrepreneur. Mental states can be overcome but finances cannot.

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