Week 10 Reading Reflection

1. A part of the reading that I found surprising was how much the reading dwelled on the technical aspects of accounting. It seems redundant given the majority of the class will already have taken, or be taking a class specifically addressing this topic.
2. A part of the reading that I found confusing was product-driven philosophy. To focus on making a product efficiently before marketing seems backwards. How can you focus on making a product when you don't even know whether or not it will sell? It seems unnecessarily risky. 
3.  Two questions for the author:

• What would be the impact of a country like China switching from a standard like the US dollar to the Euro?
• What financial metric is the most essential to an accurate valuation of a company?

1. Its not so much a specific section that I disagree with the author on, its more of a general contention with the idea of the chapter as a whole. I would never try to argue that finances are not an important part of the entrepreneurial process; actually, as a finance major myself, I believe that this topic is universally applicable. I just don't know if it is necessarily part of the specifically entrepreneurial skill set. Its kind of like how the ability to walk is key to any job, but you won't find many job tutorials teaching you how. I don't believe finance falls under the entrepreneurial skill set, although it is an invaluable part of the process.