Sunday, February 14, 2016

Week 6 Reading Reflection

1. The biggest surprise for me in the reading, in which stood out the most, would be about the role of profitability and how problems and models predict it all. The role of profitability and cash flows is a very unique rule that I find is very fitting towards the role of an entrepreneur. As well and the other roles, I found this one to be most enlightening and validated.

2. One part of the reading that was confusing to me was the failure prediction model because I find that it does not depend on financial data as much as the book says it does, but I do understand parts of this model and its stages. Besides that, nothing was too confusing for me.

3. If I were about to ask two questions, I’d ask, “Which model do you would find most useful towards becoming a successful entrepreneur? And “How come you spoke very highly of the roles the fourth “failure” plays, why is this one most important?”

4. I do not think there was anything the author was wrong about, although Kuratko could have used different phrases on certain statements he wrote about, I don’t highly disagree with anything he said.

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