Week 3 reading reflection

I was surprised to find substantial discussion regarding the cognitive adaptability of entrepreneurs. I used to consider the entrepreneurial mindset a product of opportunism, rather than a ‘higher-order’ cognitive process. It makes more sense to look at the mindset this way though, because it is a collection of personality traits. Being oriented to opportunity is certainly one of them, but the complete mindset cannot persist without things such as initiative, passion, creativity, vision, and energy. I was also surprised to learn about the grief recovery process because I wouldn’t expect an entrepreneur to go through restoration orientation (distracting oneself from failure.) It makes sense that entrepreneurs would be, for the most part, Type A personalities. So, I was confused by the typology of entrepreneurial styles because ‘low personal financial risk’ seemed to contradict the Type A go-getter mindset. I would ask the author how to channel an entrepreneurial mindset in a healthy way without succumbing to the stresses of loneliness and people problems. I would also ask how to limit role failure since superficial performance appraisal is subjective and hard to combat. I disagree that not withdrawing a product line in face of initial allegation of inadequate safety is unethical. As an entrepreneur, I would make sure I had a safe product before it was released and I would be hesitant to withdraw it immediately after launch, even if there were some complaints. Sometimes, you have to let things play out; there will always be some unsatisfied customers.