Sources of Capital for Entrepreneurial Ventures
Much of this chapter was information I have previously learned in my finance classes so it was interesting to see things like debt, equity, and IPOs applied to entrepreneurship ventures. I think it is important to note the thinking and time needed to secure a bank loan. It is not an easy process. The most surprising thing I read was that "more than 25% of all small ventures were started with less than $500." There is nothing I disagree with in this chapter. Everything was explained well and related back to entrepreneurship accurately. I would ask the author which types of businesses are usually started using each method of raising capital such as venture capital versus equity financing or private placement. I thought it was interesting that the author included how entrepreneurs should ask questions of venture capitalists and what the 7 best types of questions were.
Showing posts with label Week 8. Show all posts
Showing posts with label Week 8. Show all posts
Friday, February 26, 2016
Wednesday, February 24, 2016
Half-way Reflection
1) Tenaciousness is a skill. The most important thing in order to stay on top of this course is to always try and get ahead. You have to look ahead the week to make sure you have enough time to get everything done. I have tried to get at least 1-2 assignments done by Wednesday so that I don't have to worry about them over the weekend. For the bigger assignments, like posting videos, I have learned to not procrastinate because they end up taking more time than you think.
2) Tenaciousness is also about attitude. There have definitely been times where I felt like giving up and even considered dropping the class. There are a few assignments I did not pass in because I didn't feel like taking the time to do them. When this happened I tried to look at the class from a different perspective. As opposed to just going through the motions of the assignments, I tried to relate them to my major and what I will be doing later in my life. When I did this, I realized just how much this class applies to the real world and it made me more motivated to complete assignments.
3) Three tips.
1. Do NOT procrastinate, especially when there are multiple assignments due in one day.
2. On Monday, look ahead at what assignments are due the rest of the week.
3. Don't post a blog and Declare if you have not met all the requirements for the assignment
2) Tenaciousness is also about attitude. There have definitely been times where I felt like giving up and even considered dropping the class. There are a few assignments I did not pass in because I didn't feel like taking the time to do them. When this happened I tried to look at the class from a different perspective. As opposed to just going through the motions of the assignments, I tried to relate them to my major and what I will be doing later in my life. When I did this, I realized just how much this class applies to the real world and it made me more motivated to complete assignments.
3) Three tips.
1. Do NOT procrastinate, especially when there are multiple assignments due in one day.
2. On Monday, look ahead at what assignments are due the rest of the week.
3. Don't post a blog and Declare if you have not met all the requirements for the assignment
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