1) The biggest surprise for me when I read chapter 1 is that entrepreneur's main focus is actually not on profits and sales but one innovation, profitability and sustainable growth. At first I thought that making a business is all about profits but it is actually the innovative thinking that leads the business to be profitable and sustainable. So it is really important to look for innovative ideas that can improve people lives and provide real value to the community.
2) One part of the reading that was confusing to me is regarding the Entrepreneurship intensity (EI). I am wondering if it is necessary to have a high level of in all three areas including pro-activeness, risk taking and innovation to have success in entrepreneurship.
3) If I were able to ask a question to the author, I would ask her why entrepreneur still make the first move even if they know that they are going to earn less than if they work for someone else?
4) I think the author was wrong about the rate of failure in small start-up firms. In the book, it says only 85% OF them fails but according to forbes.com, 90% of them fails in the first year.
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