Sunday, January 24, 2016

My Week 3 Reading Reflection


1)   I learned that there are several views on risk in the mind of the entrepreneur. I assumed the mentality was to always minimize risk and maximize profit. I’m understanding some will actually take on ventures that offer little profit but lots of risk, because the task is meaningful. Some will take on medium profit tasks with low risk, because they are risk averse. Every investor has a different approach to risk and profit motive.
2)   I don’ t understand why running is related to all the positive results measured, but weightlifting is only related to two. I think the results would be the same across many exercise areas. It’s an interesting theory that it would be different for one exercise than another.
3)   I would ask the author how the overriding need for success mixes with entrepreneurs who are low risk and low profit oriented. What does that coexistence look like?
4)   I don’t think that unrealistic optimism is a bad trait. I think that unrealistic optimism can be a good trait, because often it inspires people to reach a big vision and that will move people to hit other goals, even if they are smaller. So I would say unrealistic optimism isn’t a bad thing.

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