Monday, January 13, 2014

Entrepreneurship - Day 6

We were lectured over chapters 8 and 9 today. They involved income statements, balance sheets, and cash flow statements. We started class learning about income statements and balance sheets, and then we discussed our plan for our entrepreneurial experience again. Our group assigned jobs to each of our group members. I was assigned to be in charge of marketing since I have a twitter account. That means I will be making signs and posting on social networking sites, as well as sending out an email. After that we started up on chapter 9 and went over cash flow statements. The stuff we went over today mostly dealt with accounting principles, so I was familiar with some of it already. We finished class with another "Shark Tank" video. I thought the presentation wasn't the greatest, but the entrepreneurs had a good product and they earned the deal.

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