Sunday, April 10, 2016

week 13 reading reflection

1) The biggest surprise for me in this reading is time scarcity. In economics, we learn that time is a scarce and valuable resource. I did not really realize how much time value carried over to entrepreneurship.

2) I am confused by the figure (13.2) that depicts entrepreneurial actions and strategic actions. Can wealth not be created with just one of these?

3) I would ask the author if an entrepreneurial venture could survive a fatal vision under certain circumstances, and I would ask if a venture could survive if weaknesses and threats outweighed strengths and opportunities.

4) I do not think the author was wrong about anything.

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