After reading chapter one I have gained knowledge on what an entrepreneur really is. I always thought entrepreneurs were people who owned business but the book has showed me that they are people who come up with new ideas in the business world. I somewhat disagree when the author explains the differences between a entrepreneur and a small business owner. I believe small business owners can be entrepreneurs as well by using new techniques in their field of business to improve and make their business thrive.
When reading on the topic of "gazelles" I was confused on how they account 10% of job growths but only account for 1% of business. It also confuses me on why these companies don't last longer then 3-5 years and why the smaller firms never transition to larger proportions.
Questions for the author
- To be a entrepreneur, how does one start an idea with minimum funding? It seems that many people want to create business or have ideas but to take it into action one must have some kind of funds to get the idea really going.
Thanks for reading my reflection on chapter one!
No comments:
Post a Comment