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?
After reading this chapter, I was very surprised to find out that the author actually believes in new venture fails. Timing is also mentioned heavily and the author discusses how timing, whether poor or not, is very crucial in the business world and marketplace.
2) Identify at least one part of the reading that was confusing to you.
I was quite confused when I was reading about the "new-venture evaluation process". I am not really sure what the author meant by this, he should have went into greater detail to explain.
3) If you were able to ask two questions to the author, what would you ask? Why?
I would ask the author what is the most critical criteria when it comes to evaluating a business. I would also ask a time that the author personally felt like he was poorly timed in his life (regarding entrepreneurship and business) and how he picked himself up or not.
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
Overall, I did not disagree with the author on anything major in this chapter. However, there was one point that I don't really agree with. The author stated out that uniqueness is one of the most important things a business can be to be successful, but this is not really true. Yes, as a business, being unique is good because that means you are offering something else to the table. However, being efficient and resourceful are more important things a business needs to weigh down on to be successful.
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