The biggest surprise to me during this weeks readings was about the probability or risk and innovation for creating an innovation. I feel that mixing the two is needed but I didn't realize how much risk in correspondence to innovation can create a profit for an entrepreneur.
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The part of the reading that was most confusing to me was the mistakes that multiple entrepreneurs tend to fall prey to. I feel that when you are creating a strategic plan you ensure that you would not make any of those mistakes. However, Kuratko explains how almost every entrepreneur becomes a victim of those mistakes.
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How long do you believe it should take to create a strategic plan?
Do you think there will ever be a time that entrepreneurs will not become prey to the common mistakes?
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I do not think that Kurkato was wrong about anything. I feel he explained everything very well.
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