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 was most surprised with the emotional bias of the seller. I did not think that there would be an emotional response in the business sector.
2) Identify at least one part of the reading that was confusing to you. One part of the reading that was confusing was the part about the “Rollup Frenzy”: An Acquisition Nightmare. I have no understanding of the AutoNation or NationsRent businesses.
3) If you were able to ask two questions to the author, what would you ask? Why? The first question I would ask the author would be: what is the main importance of due diligence? and the other question would be: how does undercapitalization have to do with the business cycle? I would ask these questions because they are two facts that I would like to expand on more in my search for the entrepreneurial mindset.
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How? I do not think that there was anything that the author was wrong about. I think that he is mainly correct in the points that he made.
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