1. Biggest Surprise:
Reading about the experiential view of the entrepreneur and that "a venture is not simply produced by an entrepreneur" caught my attention. You would think that entrepreneurs start out with an idea and decide to go on a venture to realize their vision. However, according to researchers Minet Schindehutte, Michael H. Morris, and Donald F. Kuratko, there is much more in the process of entrepreneurship than entrepreneurs simply creating ventures. I found it very interesting, and I suppose surprising, that "venture creation... forms the entrepreneur." Creating the venture and experiencing the venture itself is what shapes a person into truly becoming an entrepreneur. How can you be called an entrepreneur before you've actually lived through your venture and created a meaningful story to tell?
2. Confusion:
The theoretical form that "entrepreneurship is a function of the entrepreneur."
3. Two Questions to the Author:
How do you recommend "paddling" or "steering" to get to the desired outcome as mentioned by a discussed author? Many entrepreneurs apparently are going about their journeys wrong, and I would like to know how you would advise someone to paddle his own boat per se.
What would you say are the most important resources "needed to transform dreams into a reality?" Are these resources universal or unique to every entrepreneur?
4. What was the Author Wrong About?
The author stated that "inexperience and incompetent management are the main reasons for failure." However, I believe that you can have a lot of experience in a particular field but can still experience failure in an entrepreneurial endeavour. I believe it is the mindset and the vision that ultimately leads an entrepreneur to success. The author does discuss the importance of mindset and vision in this chapter, but he doesn't state that a lack of these resources is a major cause of failure, which I believe to be true.
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