Week Thirteen

This week was interesting. Things that I learned to prepare in my other class I was able to apply to this one. I have been watching a lot of Shark Tank, and while researching an entrepreneur who tried and failed, I saw Mark Cuban and was very intrigued to read about his past aside from what they already give on the show. I learned a lot from his story and seeing him in action on how he invests his money on the show was enlightening. In the article I read, it mentioned that he doesn't invest in companies that he doesn't feel fit well with his areas of expertise, even if he thinks it is a good idea. While watching the show I started to notice that no matter how much he enjoyed the product or idea, if it wasn't something he was extremely familiar with, he backed out. On the show he wouldn't say it was because he was uncomfortable or not confident, he would give other very thought out reasons and responses. Comments that were more constructive than just I don't want to be in that industry. I also liked reading about working on your business and not just in it. There is more than just working yourself to death or leaving everything to your employees. The best place to be is somewhere in between the two extremes.