1.) The biggest surprise for me while reading was that there are currently 7,000 commercial banks that are operating within the US, however, by 2020 only 4,000 may survive.
2.) One part of the reading that was confusing to me was the whole section of Fighting Terrorism with Financial Opportunity. I think it is very interesting that someone discovered a connection that Muslims are drawn to terrorism when they have no promise of economic stability. I guess I just always was under the impression that Muslims performed acts of terrorism for religious reasons.
3.) If I could ask two questions to the author they would be 1.) what exactly are the criteria for being offered a loan from crowdfunding/social lending? and 2.) Why exactly he thinks small start-up investments have weakened so much over the past decade.
4.) Something that I think the author may have been wrong about is saying that persistence is the entrepreneur's true asset. I can definitely agree with this to a certain extent, however, I guess I am having trouble understanding how exactly someone is able to create something great with no money or why they would be unable to take out a loan in this circumstance aside from personal reasons.
No comments:
Post a Comment