Sunday, January 24, 2016

Week 3 Reading Reflection

I think the most confusing part about Chapter 2 was when Kuratko was explaining the process of metacognition. The whole idea of it was a little bit confusing and sounded almost like cognition inception. If I understand it correctly, metacognition isn't explaining what makes an entrepreneur do something, but rather how the entrepreneur comes up with the ideas that he has in the first place. It's a really confusing concept, especially in terms of entrepreneurship.
One of the most surprising and interesting aspects of this chapter was the paragraph talking about psychic risk. This was talking about how entrepreneurs always take risk but most of the things that they risk can be replaced, like money. Psychic risks differs in that it can affect a person permanently because they may not have the confidence to ever take risk again, which is a crucial aspect of being an entrepreneur.
One question I would like to ask Kuratko would be which way of dealing with stress he finds so effective. It's obviously going to be different for everybody but it would be interesting to see what an expert finds to be the best method. That way I could try it and see if it works well for me. Another question I would ask would be what he found to be the most difficult part of following both moral standards and the law. He talks about how they overlap but it's very easy to cross the line and ignore one of those aspects. I'd like to see if he ever had any difficulty staying within those lines.
I unfortunately couldn't find anything I disagreed with Kuratko on in this chapter. When he talked about the dark side of entrepreneurship and the ethical aspects of it, all of the risks and consequences made sense to me. This chapter didn't seem very opinionated and was mainly just stating facts. Hopefully when we get into the deeper stuff in the book, there will be more opinions that I'll be able to take a stance on.

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