1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?
I found the fictional glossary for the entrepreneur, to be the biggest surprise. I'm not familiar with these terms, and what was involved with developing the components and concepts of financial segments. I was surprised that there were so many parts, and segments to one task.
2) Identify at least one part of the reading that was confusing to you.
The part I found confusing was the section with liabilities. The way that it was defined was different than I've seen it before, and it was weird to see the connection between liability and long term debt.
3) If you were able to ask two questions to the author, what would you ask? Why?
Why is there a link between liability and long term debt?
Is there any ways to avoid being liable when starting out as an entrepreneurship?
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
This chapter was mostly factual information. There wasn't much to disprove.
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