Application Exercise #3: Risk Tolerance,
Please read the articles:
Weisul, K. Myth Buster: We’ve Got the Relationship Between Risk and Entrepreneurship All Wrong. Inc.com
Seelig, T. How to Catch the Wings of Luck
Watch this TedTalk: Jiang, J. What I learned from 100 days of rejection
Reflect on the concepts presented in the articles, video, the discussions in class, and your own risk tolerance level.
Create your Risk-O-Meter (Tina Seeligs article). (1 point)
Discuss with examples, the type of risk you are most willing to take, and the ones that you are least willing to take. (2.5 points)
After reading both articles and watching the TedTalk, what would be a specific example of an entrepreneurial opportunity you would consider pursuing, and the potential risk you are now willing to take, even if you fear rejection? (2.5 points)
For better than average grade, please make constructive references to the readings and video.
Up to 350 words.
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