Sunday, February 7, 2016

Week 5 Reading Reflection

I was mostly surprised by the fact that there are so many types and classes for ways a first-year start up could fail. I could think of a few but I would not have thought about a lot of them.

I was confused by how the methods for seeing if a venture was practical were so similar. They all started to look very similar because they went so in depth.

I would first ask the author what type of failure is the most common because if I ever start up a company, it would be the first thing that I would try to avoid doing.

The second question I would ask is if hiring an outside advisor would help a start up. I think this may take the stress off starting a new business and keep the chance of failure low.

I did not disagree with the author.

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