Week 3 Reading Reflection

Good Afternoon Folks,

This week we are going to talk about the Week 3 reading: "The Entrepreneurial: Mindset in Individuals"

Most Surprising: I was really surprised to hear that there are four types of risk for entrepreneurs, and that psychic risk is the greatest risk for entrepreneurs.Whenever I think about risks for entrepreneurs, financial risk is the first thing to come to mind. Until reading about it, I did not even think about the toll it takes on your confidence.

What Was Confusing to Me: In the text it said one of the common characteristics of entrepreneur's is low need for status and power while one of the traits for the "entrepreneurial ego" is overbearing need for control. I personally feel like the two contradict each other, and that they could have used different words to get their point across. Other than that, everything seemed to be pretty straightforward.

Questions for Author: My first question to author would be what are some characteristics or examples of unsuccessful entrepreneur's. Now that I understand what to do right, how do I know what to avoid. Some information on things to avoid would be nice. My second question would be are most of the characteristics of entrepreneurs innate or learned?

Disagreements: I do not have any real disagreements with the author. Everything he said seems to make sense to me. He covered a lot and did an excellent job.

Overall, very well written article. Definitely gave me a good perspective on entrepreneurship.