Sunday, March 20, 2016

Week 10 Reading Reflection

1) As a biology major I found most of this chapter pretty interesting because it included a lot of new information and perspectives on entrepreneurship that I do not see often. I did however find it very interesting that an entrepreneurial venture can be financed in multiple ways.

2) The sections on break-even analysis and operating budget were somewhat confusing to me. I would have liked to have seen more formulas or examples of these topics because even reading the text once or twice left me with some unanswered questions. 

3) Do you think budgeting is more accurate and effective if the entrepreneur handles it mainly by themselves or if they have a team to handle budgeting?

What do you think are the most effective ways to fund a start up?

4) I was not very knowledgeable on this chapter as opposed to some of the other readings we have had. So I feel like I learned a lot but took everything I read with a grain of salt because I need to become more informed on the entrepreneurial and financial budgeting topics presented.




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