Sunday, April 3, 2016

Week 12 Reading Reflection

1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations? The author referenced a list that ranked the top five mistakes entrepreneurs make and the first one was misunderstanding industry attractiveness. I was surprised to find out that it is against your best interest to work for the top business in a respective field.
2) Identify at least one part of the reading that was confusing to you.  They mention "firms" multiple times throughout the chapter but I didn't understand what it meant in the context he was using it in.
3) If you were able to ask two questions to the author, what would you ask? Why? I would ask the author which entrepreneurs he believes are the ones to follow in the f fashion industry because I would like to hear an opinion from such a knowledgable person. I would also want to know what companies have used these strategies so I can have some more examples of them working.
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How? I think the author would make the strategies seem very black and white as if there was only one right way to do things but in reality I think different things will work better for certain people.

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