Week 12 Reading Reflection

Can you really be both?

I think the biggest surprise to read was that highly creative entrepreneurs have a difficult time meeting administrative requirements in the "growth" stage of the business. To read that the entrepreneur has a difficult time adapting to the difference in mindset is very surprising, even though it would seem logical you hire a team of people to take on those strategic roles in which you know you are not the strongest.

I definitely understand and agree that a venture must remember the entrepreneurial thinking is what is has made the business successful thus far and you must continue to drive that thinking to stay innovative and in the forefront for multitude of reasons. I was confused as to why institutionalizing change as the venture's goal was important. How can we meet the "vision" of the company and have "change" as goal? Probably reading too much into it, but I think this would be cause of confusion and yes we want innovative thinking, but it has to be with a purpose aligned with the organization for the most part, right?

What exactly is it that entrepreneurs perceive as a high cost to planning? I ask, because it would seem in my opinion that it is common sense versus the avoidance of such that could cost you the venture.

In regards to entrepreneurial point of view and administrative point of view, what is it the author found that tends to scare those highly creative entrepreneurs from transitioning to a different skill set in thought? Are these the serial entrepreneurs that create and then sell ventures because they do not want to really see a venture through its life cycle?

There really was not anything in this week's reading that I disagreed with the author, although I did find it quite interesting some of issues presented as obstacles that venture's face during the growth stage, I would think should be common sense.