Sunday, January 24, 2016

Week 3 Reading Reflection

1.) After reading chapter 2 for week three something that stuck out to me was the great research on entrepreneurial cognition and the different characteristics that came with an entrepreneur.  By using " simplified" mental models entrepreneurs are able to come up new innovations in the market. I had no idea that some much research has gone into figuring out the inner mindset of an entrepreneur.

2.)  The part of the reading that I found somewhat confusing was the communicating with employees under dealing with stress. My confusion is that this statement is not entirely true in some cases. For example, say someone works in a small family business doesn't mean that each employees is going to respect the other maybe with concern over pay and power.

3.) My first question to ask the author would be how did you go about gaining the information for finding the information you did on overbearing need for control. I understood what the text meant, but want to figure out how exactly someone can see that external control on someone and comprehend. My second question was how did the psychic risk come about. I have never heard this term before and am curious as to how this ultimately came to be the greatest risk to the well being of entrepreneurs.

4.)I would say the thing I found wrong was the area devoted to dealing with the stress. I find it that sometimes getting away from problems i.e. vacation that it causes an individual to become more stress because one they are going to still have that working mentality instead of a relaxing one. I also found that communication creates less stress based on the fact that some business might have a lot of employees that makes communicating more difficult, but if the business was smaller you still face the risk of having issues with employees. This would in turn create more stress.

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