Entrepreneurship

Front

What is a disadvantage of being an entrepreneur?

Back

You do not always receive a regular paycheck

Front

A target market is

Back

a group of consumers at which a product/service is aimed

Front

What information should NOT be included in a business plan? Options: Your financing needs, Your basic business concept, Your marketing plan, Your assets and liabilities

Back

Your assets and liabilities

Front

True or False: A standard business plan is one page in length.

Back

False

Front

Reid Hoffman is one of the greatest innovators in the last 30 years. He was the founder of: Snapchat, Twitter, Groupon, LinkedIn

Back

LinkedIn

Front

Roasted is a community-driven coffee shop that opened locally with 10 employees. What are they an example of?

Back

an example of a small business

Front

"boot-strapping"

Back

Self-funding a business or project

Front

This round of funding helps a company add a few employees & launch an early product.

Back

Seed Funding

Front

Which is NOT one of the reasons startups typically fail? Options: Run out of cash, No business model, Poor marketing, Market demand

Back

Market demand

Front

How long should an elevator pitch be?

Back

30 seconds