Sunday, February 7, 2016

Week 5 Reading Reflection

Reading Reflection
Week 5
I was not aware of the rate of start-ups. (1500 per day) The statistics are staggering. It almost makes one feel that the chances of coming up with an original idea as well as an advantage that one might have over another is small in numbers. I do like ands appreciate the checklist that was produced in the book.
I have never thought of starting a business that produces products so the section on product availability was a little confusing to me. I had always thought that most products were always readily available.
Where does one find these feasibility reports or how does one come up with the correct questions to ask per business one is about to go into. To me, I would brain storm with others to come up with the proper questions that needed answered for a certain type of business to be successful and profitable in the first year and every year after.
Again I am no authority on this subject so it is all great information. I really have enjoyed reading and learning form this book thus far.

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