Sunday, August 7, 2016

Week 4 EOC: Silicon Valley Rights and Wrongs Episode 4

As the show "Silicon Valley" starts to play out, they group start to make their company, Pied Piper, a legit business. Richard starts off episode 4 by meeting with a lawyer to help finalize the transaction of getting a name, on Richard’s behalf, this was a very good move. He also says that they are “pivoting” their company, which means they are switching the directions and missions of Pied Piper. “Running a business causes owners to make dozens of decisions daily, many times without much advance thought and consideration.” (Doerksen). Along with the maturation of Pied Piper as a company, Richard starts to “crack” under pressure and he starts to be a little sterner with the rules and positioning with his company. Along with the rights that he is doing there are still wrongs. For example throughout the episode, Richard has panic attacks because he can’t see the “vision” of Pied Piper. Richard simply does not know what the company is, meaning he knows what it is to him, however, when someone asks him what the company is he doesn’t know how to express himself. "...look into how others would view the business, the size and scope of the asset that has been created, and identification of important and sometime latent value drives." (Doerksen). Though Erlich nails the elevator introduction, Richard still is uncomfortable with public speaking, however, Peter Gregory has become successful without that trait. Public speaking doesn’t mean in front of a crowd, I’m speaking on the behalf of the networking and socializing traits of public speaking. Richard may not understand but networking is incredibly important in the world of business. “Business Networking is a really valuable way to expand your knowledge, learn from the success of others, attain new clients and tell others about your business.” (Baird). 

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