Week 3 Reading Reflection

Entrepreneurship: Theory, Process, Practice

1. What stood out the most to me was actually the very beginning when the author talked about corporate entrepreneurs and described them saying that they often look past ethical barriers. When I think of an entrepreneur I think of someone who follows loopholes or guidelines to help out a problem but I do not think of an entrepreneur as 'impeding unethical behaviors'. My expectation for an entrepreneur is now more of someone who will go beyond the set limits that society as set to make a deadline or create someone new, visionary, unique, etc. for the common and/or own personal good. I know won't always the an entrepreneur as someone who is good, but can also be corrupt. Thank you, author. This is what I needed.

2. One part of the reading that confused me was when the statement was made that "Entrepreneurs must be personally committed, credible, and willing to take action on the values they espouse." In the beginning the author stated that corporate entrepreneurs go beyond ethical barriers, so technically break their own signed ethical conduct for their corporations good, but they don't always take responsibility. You call them corporate entrepreneurs but breaking ethical boundaries can make them a corrupt business and usually a corrupt business will lie about it's unorthodox practices so save their own assets. So does this wrongdoing make them less of an entrepreneur or not one at all? They will do what an entrepreneur does and create new and unique ways to increase productions, good, or be proactive with the future, but do these corrupt corporations keep the name as an entrepreneur? They do everything the same, except one may lie.

3. Where would you suggest an entrepreneur to start out if they wanted to avoid too much stress? Or would you say that they should take the risk and take that stress as a learning tool?

How would you suggest a new entrepreneur to evaluate their risks in buying, starting, or creating something new? Where or who would you send them to talk to or visit to evaluate these risks?

4. When the author talks about he overbearing need for control they imply that every entrepreneur has the need to control everything and anything that affects them. Isn't part of being an entrepreneur not being able to control the outcome and taking a few risks? Sure, a lot of entrepreneurs want to control a business or upcoming advancement, but some entrepreneurs just want to be a art of it, or simply help out someone else and let them control the outcome.