Sunday, February 28, 2016

Week 8 Reading Reflection

1.) What I found in the reading that stood out to me the most was the financial aspect of starting a business. I am aware of the difficulties, but in the reading I discovered that it's a lot more complex to receive a loan or even small financing. This is helpful to me due to my wanting to eventually venture out on my own personal ideas and build a scalable business.

2.) I found the part about private placements to be somewhat confusing. Being relatively new to the ideas/ concepts centered around the idea of entrepreneurship I didn't see this concept coming into play, but this article mentioned it.

3.) If I could ask the author two questions I would ask are Angel investors worth it and if so could you go into depth on how to properly go in this route. My second question is in order to gain financial backing I would have give a percentage of my company how would you recommend going this route.

4.) I would say the author was pretty on point in the reading and didn't contain anything that I would disagree with. I found this reading to be exceptionally helpful for young entrepreneurs like myself who don't fully understand the big picture of gaining financial backing to create our own ideas.

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