Friday, March 23, 2018

Reading reflection 2

The second book that I read was one of the works by Chris Anderson, "Makers- The New Industrial Revolution." In this book Anderson touches on the revolutionary idea of 3-d printing and how it can completely reinvent the way difficult to manufacture products are made with little labor. His realist view of how the use of that product would actually pay out is refreshing. He also touches on how entrepreneurs used to have to go to major companies to produce their idea for them, even if they already had prototypes, but now those same entrepreneurs can manufacture their own product with cheap factory alternatives available to them. This book had a lot of the same ideals that are taught in ENT3003. Specifically, when you have a great idea stick with it and try and make it happen yourself if possible. If I had to design an exercise for this class relating to the book I would give a person an invention, such as a 3-d printer, to pretend that it's their own. I would then offer them a range of financial benefits and production evaluations in exchange for equity in their idea. The exercise would be to negotiate the best deal for their equity possible, or better yet not to sell off the idea at all. It would give a real life simulation of a negotiating experience. The most surprising part of reading the book was finding out that people volunteer to work for a company for free if they truly feel passionate about a product. I was shocked to find out that in this day and age people are still willing to work for free.

1 comment:

  1. Hey Erik,
    I'm glad that you felt your reading was influential in comparison to this course. In reading your post, I agree with your reflection on how Anderson encourages people to stick with their own ideas individually. It almost reminds me of the show Shark Tank, which emphasizes people's creative and innovative ideas. I also think your exercise would be beneficial to this course because it gives students a good chance to evaluate negotiating experiences. Great post, keep it up!

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