Sunday, February 7, 2016

Week 5 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? I found it surprising that there was actually a formula for profitability and liquidity. I liked how the equations were neatly written and you could see what was being multiplied with what.

2) Identify at least one part of the reading that was confusing to you. I was confused when the book stated that assuming debt too early lead to new venture fails. If you know that there is going to be debt, shouldn’t it be inevitable that there is going to be a flaw in your business anyways.

3) If you were able to ask two questions to the author, what would you ask? Why?
What exactly constitutes over-reliance on one customer? Is there a line that one shouldn’t cross? Should I know what the small profit ventures are as well as the high profit ventures are?


4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?  I disagree that they said that product design leads to failure. I think that this can lead to new innovations. 

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