Sunday, February 7, 2016

Week 5 Reading Reflection

Questions


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 was the Entrepreneurial Business on E-Bay box listing various tools that E-Bay makes available to entrepreneurs.  I did not know of their existence but can see how properly assessing them can really lead to success on the E-Bay platform.

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


Truth be told, this was a pretty straight forward chapter and I did not find anything really confusing with the exception of a couple of ratios listed in table 6.3.  I plan to review them in more detail.

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


I would ask why the differences between a feasibility analysis of different types of businesses were not identified.  There is a big difference between say a manufacturing startup versus a professional services one.

I would also like to know which new-venture evaluation approach (profile analysis or feasibility criteria or comprehensive feasibility) is better and how does it relate to different types of start-ups?

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


Again, this was a straight forward chapter so there was not much to disagree with except that the author should have spelled out how the various assessment techniques differ from one type of start-up versus another.

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