1. I was surprised about the venture's life cycle chart illustrated on page 481. I had no idea that failure happened in the venture growth stage. After reading more about that stage, I understood, but upon first glance, I actually thought it would fall under start-up activities since that is where you need the firm momentum the most. Realizing where failure could happen and how to prepare accordingly for that failure is a key to success for entrepreneurs.
2. I honestly wasn't confused about anything in this chapter. Some of this information has been presented to me in other classes, and I thought the read was pretty straightforward.
3. I would ask the author if he/she has ever came across an entrepreneur or a story of an entrepreneur confronting and then overcoming a growth wall? When I read this section, I envisioned a story about the underdog, so I am curious to know if the author had someone or some story in mind when he/she wrote this paragraph.
I would also ask the author what are some key ways to develop an entrepreneurial mindset for an approach to problems? The chart in the book says for an entrepreneur "problems represent an opportunity to detect change". However, how would he/she suggest cultivating this change instead of letting the change frustrate you? I would love to hear if the author has some tips on that.
4. I disagree with the author under the assumption that ALL entrepreneurs have time management issues. I think that depends on the person. Yes, everyone could get better at time management, but I don't see it as a problem that plagues entrepreneurs across the world. Entrepreneurs are usually organized go getters that have succeeded in time management before.
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