Sunday, April 3, 2016

Week 12 Reading Reflection:

Week 12 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 chapter didn’t go into detail about the research stage of any growing venture. Research and Development is a key component to determining whether a venture is high risk or Innovative.  
2) Identify at least one part of the reading that was confusing to you. It is confusing when the author gives us both Administrative and Entrepreneurial goals, but doesn’t explain in which situations they work best.
3) If you were able to ask two questions to the author, what would you ask? Why? I would ask the Author about teambuilding. When hiring the first group of people for a project how do you determine starting salaries? Should work contracts only last a year considering most startups have turning points after a year?

4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How? I couldn’t find anything that was wrong. One thing that has changed is small business ownership in Greece. Figure 13.7 shows Greece as having one of the highest rates of Entrepreneurship. After the collapse of Greece’s economy that figure has definitely changed. 

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