Week 5 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?

I still, wrongly, have the mindset that entrepreneurship is more a fly by the seat of your pants and instinctual methodology but this was completely not the case after reading this chapter.  There is a method that underlies the process of entrepreneurship and its impressive to see it in action.  I really enjoy reading the book chapters as they are always enlightening and educational, and this chapter was no different. 

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

The feasibility criteria approach was a bit confusing but after reading it a few times, I was able to wrap my brains around the concept.  There is a lot of thought and a lot of risk that is involved with entrepreneurship and it’s a very daunting and scary process for sure.  The feasibility criteria approach ensures that you won’t go into something without first thinking about the limiting factors and risks involved prior to launching an entrepreneurship venture. 

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

I would ask what is the preferred or best approach they think will yield the most predictable results:  feasibility criteria or comprehensive feasibility approach? 

I would also ask what requirements are the most important to ensure success or at least hedge your bets as close as possible to a guaranteed success? 

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

There wasn’t anything I could point out that the author was incorrect about.  As always I take away from the reading great concepts and ideas that I hope to be able to implement in my personal and business career.