1) The biggest surprise to me was the financial glossary for the entrepreneur. I didn't know such an intense and complicated process goes into developing key components of a financial segment. Its impressive that so many crucial parts are needed in order to complete any individual task.
2) The section concerning liabilities is what most concerned me. The general definition of that word is very different than the business definition. I don't understand how a liability can turn into a long term debt.
3) I would ask the author if a bank loan is a long term liability worth taking. What measures must be taken in order to reach that level of debt. Another question i would ask is if there are ways to completely avoid liabilities. Long term and short term ones.
4) This chapter was mostly factual information. There was no section i did not disagree with because it is all known to be true.
No comments:
Post a Comment