5. A visit from Jon Goodman

This last Wednesday, my class had a visitor named Jon Goodman. She had talked to us about the lifetime of a business, which is from getting it started to however long it last. She had brought up some interesting subjects as well as what she has seen as being an observer of businesses as well as starting a few of her own. As a student I should actually be starting research now if I want to start a business such as trying to contact similar businesses by email for student research or working in one of these company's as a low wage employee to gain ideas. By doing this you are able to get a lot more info since you can use the student card instead of saying that you are a rival business. As a business I guess that you do one of two things if you plan to grow which is sell your business, or go public with it(It has been mentioned a few times in this class about going public but I feel a bit unclear about what that exactly means). One thing that I took from being a small business is that you are either expecting to be successful with the business or you just want a small business to live off of such as a Mom and Pops diner that you don't really expect to expand and just pay the bills. One thing that she brought up that I thought was interesting is that entrepreneurs deal with a lot of stress and ambiguity. She brought up that she is a stressoholic and lives off of it, being her way of life. Last I would like to bring up that I thought that it was interesting about how the government views whether a business is successful or not is very subjective since it is if it closes compared to a persons opinion of if they did what they set out to do and the business accomplished what it is suppose to.