27A- Reading Reflection 3

1.      I believe that the general theme of this book is that there are certain mindsets that you can adapt that will help aid you to success. Also, failure can be inevitable and should not hinder you from trying to succeed.

2.      This book was relevant to what we are learning in ENT 3003 because it explained the different ways that one may fail when they begin a new enterprise or business. This book explains how failure can help aid one to success and to not let failure discourage one from trying to create new businesses even if their first one does not end up successful. This enhances what we are learning because the main objective of this class is to create a business plan of our own and formulate a path to success for our own businesses. There are over 500 people in this class, and if we were to all actually follow through with our plans on starting and running a profitable business, very few would be successful. In “How to Fail at Almost Everything and Still Win Big,” the main point is for the reader, who is likely an entrepreneur or thinking of becoming one to understand that if you do not succeed at first, start over and try again.

3.      The exercise that I would design would be a follow up to exercise 26A. Exercise 26 had us tell a story of a time that we failed this semester and what we learned based on that experience. My exercise would go into further detail of what the first steps would be following the launch of our business, and how we would handle it if it was not successful, as well as anything that we learned in the process. Basically, it could be a reflection of all of the lessons that were learned in the process of the course.

4.      One part of the book that I thought was weird at first but then understood when Adams went into more detail was that he encourages people to be selfish. I had heard that many successful entrepreneurs have selfish and even sociopathic tendencies, but Adams spun selfishness off in a different way. He explained how being selfish helps one become successful, and with this success they are contributing back to the community and economy. 

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