Week 2 Reading Reflection

     This week in ENT3003 we were assigned to read the first chapter of our entrepreneurship textbook. As in most textbooks the first chapter was very broad and didn't go into very specific details. It was more of an introduction to the idea entrepreneurship as a whole.There were parts where I agreed with the author, and other sections surprised me. My opinions did not always align with the author but after reading I can understand where he was coming from.
    For the most part the reading was alot of common sense information or information that I had learned in previous classes. However some of the text did catch me off guard. For instance the author makes a point of differentiating small business owners and entrepreneurs. It had always been my belief that small business owners were the foundation of the entrepreneur society. They saw opportunities and they put them into action, a reason I admire small business owners. The author made a good point though that while small business owners can be entrepreneurs it is not always a given role of a small business owner. This brings up my first question to the author, is it possible to be a small business owner and develop into a successful entrepreneur or do you first have to be a entrepreneur to be a successful small business owner?
    The most confusing part of the reading was the section about the different models of entrepreneurship. Personally I had to keep reminding myself that this wasn't economics and while the names were similar the concepts of the models were very different. That is something that I will just have to reread to fully comprehend all the diverse aspects of entrepreneurship.
    I am not typically a person who disagrees vehemently with textbooks, because for the most part I believe that the authors of textbooks are alot smarter than me and have alot more knowledge of the information presented in the text, but in this case the author made a comment about how all business die out and fail. I believe that this negative outlook on a businesses life is what makes it hard for alot of people to even begin to start their own business. Not all businesses will fail, take company's like McDonalds, Coca Cola, and Google. While there focus may not always be the same they are constantly molding to the social and economic environment around them. So my second question to the author would be, what makes you think that all companies and business have a definitive
lifespan?