Saturday, January 16, 2016

Week 2 Reading Reflection

  1. I think what stood out to me the most was the Global Entrepreneurship Monitor that measured 250 million people were involved in early stage entrepreneurial activity. This was a startling statistic to me and I hope it continues to go up as I believe entrepreneurs are vital to a successful economy. 
  2. I think one thing that I thought was confusing was the dynamic states approach. I thought the integrative approach made sense with the ideas of inputs and outcomes, but the dynamic states approach seemed very complicated, and he picture for it almost made it worse. I couldn't tell how it was different or why it was different that the integrative approach. 
  3. Do you think anyone can be an entrepreneur? I would ask this because he says that you can teach people how to be an entrepreneur, but I still argue that some people just don't have those risk-taking, individually motivating personalities. Secondly, do you believe the macro or micro school of thought has more influence on an entrepreneur? I would ask this because one deals with the external and one deals with the internal, and I would want to know which is best.
  4. The thing I disagreed with was the author's descriptions of entrepreneurs. He always made it seem like being an entrepreneur required earth-shattering inventions and creative ideas. In his comparison with a small-business, he almost made it seem like they weren't entrepreneurs because they wanted stability and less risk. Entrepreneurs just have to find a little niche in their community whether that'd be a small or big idea. 

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