In this week's reading, I was most surprised to read about the "One-Person-Band Syndrome." I had never thought about the fact that after developing a concept on their own for so long, it may be difficult for someone to be able to let go and delegate when the time comes. I believe that along with many other things, this may be an acquired skill that will come with time and practice. It could be hard to trust others with a business that you have single handed built from the bottom up, and would certainly take some getting used to.
I was confused by the reasons for lack of strategic planning for new ventures. A new venture is always uncertain territory and will demand a lot of time and money for it to be successful. Because of this, I would imagine that before beginning one would perform as much planning as possible to increase chances of success.
If I could ask the author two questions, I would first ask, "What do you believe to be the most important key element for an entrepreneurial firm?" I would also ask, "Have you ever had to overcome the One-Person-Band Syndrome and if so, how?" I would be interested to hear his responses.
There was nothing in this reading that caused me to disagree with or doubt the author.
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