In this blog post I will reflect on my reading from chapter 1. This chapter discusses entrepreneurship and how it came to be. What surprised me and what I liked the most in this chapter but did not expect are the 10 myths of entrepreneurship. I like that in the first chapter Kuratko put myths about entrepreneurs to rest. The myth that seemed the most outrageous and nonintellectual is "Entrepreneurs Are Doers, Not Thinkers".( Kuratko 5) It is absurd to say that entrepreneurs don't think because if anything they think more than the average person. However it saddens me to say that I have heard that phrase more often than not.
Though I don't disagree with anything Kuratko wrote, I found it confusing when author Kuratko gave a definition for entrepreneurship by Robert C. Ronstadt. In Ronstadt's definition he mentions that "Entrepreneurship is the dynamic process of creating incremental wealth". What I am confused about is why Ronstadt believes entrepreneurs base their desire for creating innovative products after money. If I where to ask the author a question it would why he believed this was a good definition of entrepreneurs. Though it might be naive of me to think that entrepreneurs base their creations off of wanting to do good for the world, it is what I believe. Take for example Akon created a company that puts light poles powered by solar panels in Africa. Akon is considered an entrepreneur after creating his company Solektra INT. If I could I would like to ask Kuratko if he knew of Akon and his company and if he believes he is a good example of an entrepreneur.
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