Week 2 Reading Reflection

The biggest surprise when reading chapter one “Entrepreneurship: Evolutionary Development -Revolutionary Impact” was the very beginning when it talked about entrepreneurs versus small business owners. Before the reading, I had a mindset that both entrepreneurs and small business owners could be used interchangeably. After the reading, I see that there are a lot of differences between the two and it takes more than just owning a small business to be an entrepreneur. My logic was that being an entrepreneur meant creating something, having that mindset to better oneself by taking charge but an entrepreneur does not stop there entrepreneurs take it a step beyond that and create innovations that changes society’s view. One part of the reading that was confusing to me was the “Entrepreneurial Revolution: A Global Phenomenon.” I found it hard to grasp the idea the author was trying to convey. I felt that the author was trying to use numerical values to make his point but for me the numbers just bounced around making it hard to focus on his point. There were also some terminologies that even though it was defined in the text I did not completely understand what they actually meant. If I were able to ask the author two questions I would ask him, Does entrepreneurship’s definition change or gets added onto as centuries pass and times and the economy change? My second question would be, as entrepreneurship grows and people start becoming innovators could it also hurt the economy if business or projects start to fail? Reading over the chapter I do not think the author was wrong about something in particular. I did not disagree with anything in the chapter but I also do not know if something was incorrect or if I did not agree to it because I do not have that knowledge to know otherwise.