Sunday, February 7, 2016

Week 5 Reading Reflection

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? 
What most stood out to me in the reading for this week was how often start up companies fail within the first year of launching. Furthermore, the entire process of starting your own business was eye opening, as it takes a very long time and a lot of effort/passion is necessary to execute it properly.

Identify at least one part of the reading that was confusing to you.
One part that was a little confusing to me was all the legal work that it entails and goes behind operating it successfully, and legally.

If you were able to ask two questions to the author, what would you ask? Why?
I would ask how to properly time things out when starting your own company, and how you learned the best time management skills for you.
The second question I would ask is why do you think so often that these businesses fail? What do they do wrong in the process?

Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
For the most part, I definitely agreed with what the author was saying. Growing up in a very entrepreneurial family, I have witnessed a lot of these problems first hand. I found the feasibility approach fascinating, and actually took the time to do a little more research on it online.

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emay17@ufl.edu