1) The biggest surprise for me this week was the section on performing due diligence. I did not believe it was such an extensive and important process to be a successful entrepreneur. The section in the chapter spanned 4 whole pages with sections from industry analysis to situation analysis.
2) One part of the reading that was a tad confusing was the section on the checklist for analyzing a business. The section 'sales literature on products' was the real part that was confusing until I read it a few times.
3) I would ask the author first, how important is the price/earnings ratio for different industries of entrepreneurial products. Second I would want to inquire more into the pre and post money valuation of a venture. The section is still a bit unclear to me.
4) I believe the author was correct in everything he said. He used his past experience and sources to back his information. I do not believe he was really incorrect at all.
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