Thursday, March 20, 2014

Being an Entrepreneur - From the Tech Entrepreneurs' Guidebook

The guidebook for entrepreneurs actually provides a very motivating introduction about the importance in learning about entrepreneurship.  It’s like what Andrew Fry mentioned a lot in class: business and computer science go hand in hand.  Understanding the business side of development shows the process at which we work and really why we develop new technologies in the first place.

It seems that after reading, the most important skill that comes with being an entrepreneur is planning.  This sounds pretty broad, and it is: planning has to do with all the goals of business.  As an entrepreneur, one must determine how to make a business and how to make it make money.  In order to do so, one must seek funding.  But a lot of questions arise already, like how is said funding acquired and how long does it take to get it?  Even the business idea requires careful consideration as one must perform all the calculations surrounding how to make an idea profitable and how to project earnings.  It, however, made me feel that there are so many aspects of a business that I am not supposed to understand all of them.  By that, I mean that there are a lot of predictions that must be made about a business and a lot of studies/research that can support those predictions.  But I feel that despite most of the planning, a lot of the deep, specific details around making a business truly work is by going into the business yourself and finding out how it works.

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