Thursday, March 21, 2013

475 Post: Dot.com to Dot.bomb



Our class seems to end on the same wave length it started, from “startup.com documentary”to “Dot.com to Dot.bom” review via what it takes to start and succeed in business. Reggie Aggarwal and Mark Esposito had already warned us that entrepreneurship is a way of life which can have great rewards, but also has downfalls and frustrations. Dot.com illustrated exactly this thought since its review reveals how it has been almost caught up falling apart. Moving from dot.com boom to dot.com bust, the dot.com business followed the trajectory of a projectile kicked off in the air. 
   
However, there is this crawl back period that leads us to moderate our judgment of dot.com. If leaving the ground level the projectile is naturally expected to return to it, dot.com didn’t really fall apart. The effects of the bust were softened by companies buying others.  Technology has then changed our lives in an irreversible way, although we can still see the scares of the bust. Some lessons were learned and some measures were taken to prevent similar disaster. 

As stated before technology entrepreneurship is a risky business which has sorrow along the way. Many successful entrepreneurs have failed at one point or another. As for me I just need to have the motivations and characteristics required of a true entrepreneur before I put my idea(s) in motion. Other people’s mistakes may be a warning for future entrepreneurs.  No matter what the outcomes, there are always lessons to learn from and experiences to gain.

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