The biggest surprise from this week’s reflection reading has
to be the statistics on the number of new venture startups. According to
Kuratko, there are more than 600,000 new firms that emerges in the United
States every year since the 1990’s. Which according to the text, equates to
1,500 business startups per day! I would have never thought the number would be
so high. I was thinking somewhere in the 100,000 range but that number is
somewhat of a push for me.
If I had to ask the author a question, I would ask if he was able to breakdown the numbers and see if he is able show which field/area has the most new ventures/startup. For example, is there most growth and ventures in the tech area? Or is it new restaurants that open most frequently? It would be interesting to see where is all the focus is in at this time. I would guess that year after year, the focus on an area would change since areas of focus and trends changes. I would love to see a chart on that.
I did not have any confusion on this week’s reflection. Out of all the chapters so far, I think I enjoyed reading this week because the author spoke on startups and new businesses and showed reasons on why they succeed or fail. From poor capitalization to under capitalization, the author did a great job listing all the possible ways. Although I knew some of them, he informed me on new ones as well. I believe it was his best chapter yet.
From this chapter, I think Kuratko did a very good job getting my attention and I do not disagree with any of
his teachings.
If I had to ask the author a question, I would ask if he was able to breakdown the numbers and see if he is able show which field/area has the most new ventures/startup. For example, is there most growth and ventures in the tech area? Or is it new restaurants that open most frequently? It would be interesting to see where is all the focus is in at this time. I would guess that year after year, the focus on an area would change since areas of focus and trends changes. I would love to see a chart on that.
I did not have any confusion on this week’s reflection. Out of all the chapters so far, I think I enjoyed reading this week because the author spoke on startups and new businesses and showed reasons on why they succeed or fail. From poor capitalization to under capitalization, the author did a great job listing all the possible ways. Although I knew some of them, he informed me on new ones as well. I believe it was his best chapter yet.
From this chapter, I think Kuratko did a very good job getting my attention and I do not disagree with any of
his teachings.
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