Week 12 Reading Reflection-Dillon Dunn

This chapter was one of the more interesting chapters out of the textbook. This chapter introduced us to ideas on how to expand and grow a business, company, or idea. The chapter focused on how to strategically plan the next step in a business. It went over the five stages of a typical venture life cycle. The five stages are: development, start-up, growth, stabilization, and innovation or decline. The chapter mainly focused on the growth stage, which in my opinion is the 2nd most important. Overall this chapter gave a lot of new information and was very interesting!