Saturday, January 9, 2010

Personal opinion of Entrepreneurship

I think its hard to sum up an entrepreneur, mainly because entrepreneurs come from all walks of life, and they did not always choose the path that brought them to starting there own business. Though the book tried to do a good job of generalizing entrepreneurs, and succeeded for the most part I just felt there was a lot more to what makes up a good, successful entrepreneur. They brought up the fact that only one in six million high-technology business ideas wind-up in an IPO, well I think that if you have a good business plan and the determination to follow it through you will succeed if not finically than at least to see your business make other peoples lives a little better, because of your business. If you are going to succeed long term in a business I do think you need to be organized and well prepared with the right people to help you to. If you don’t have a good team then all the pressures of a business fall to one person, they may be able to keep the business running by them selves for a while but eventually as the business grows it will be to much for them to handle. I thought the reading was a good way to introduce the topic of entrepreneur ship but it does not cover everything.

No comments: