Sunday, January 17, 2016

Week 2 Reading Reflection

The most interesting thing that stood out to me in this chapter was the "E-Myth" section. As stated, many small businesses might perceive themselves as entrepreneurs. However, the idea that most small business owners are merely technicians in which owners are just creating jobs for themselves is eye-opening. For an owner to become more than just a technician he needs to see the bigger picture and the potential of the business. In this process, the business owner starts to become an entrepreneur. The owner can not just be a worker in the business, an owner must start to work on the business as stated. Thinking more along the lines of expansion and growth is the first step to branching out of being a technician and performing like an entrepreneur.

The most confusing section in the chapter regarded the Micro v. Macro view and the different schools of thought. I understand that each is comprised of different sections to become more successful in being an entrepreneur, but how specifically do they engage with each other? I think for this section to be more successful, a real world example after each school thought would be very helpful.

Question 1
Are specific zones of thought more important than others? If you had to choose certain ones which would be the most important?
Why: I ask this question because the book tells little of how the schools of thought interact with each other and focuses more on each specifically. So if each is portrayed as its own, I wonder which ones the author would choose as most important to becoming a successful entrepreneur.

Question 2
There are many different approaches to Entrepreneurship mentioned in the book such as the Integrative approach and the Entrepreneurial Assessment approach. For the author specifically, what methods has he employed in his route to becoming an entrepreneur?
Why: The book focuses on the idea of how to be an entrepreneur without focusing on examples. Because of this, I wonder if the author has used either of these approaches in his own path to become an entrepreneur.

I feel as though the author was wrong about the statement, "The United States is a leader in entrepreneurship education at both the undergraduate and graduate levels." Being now in the undergraduate level, I feel as though outside the business schools themselves, the general population suffers from a lack of teaching in this area. If anything, we are only taught the ideas to become an entrepreneur without being taught how to put these theories into action. Learning is more than just being taught, it is being able to apply the knowledge you have gained.


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