Entrepreneurship, Ideas and Business Plans

An individual who undertakes the risk associated with creating, organizing, and owning a business.

• Entrepreneurship
• Entrepreneur
• Venture

The process of starting & operating one's own business.

• Entrepreneurship
• Entrepreneur
• Venture

Which is NOT a common characteristic of an entrepreneur?

• risk-taker
• creative
• organized
• irresponsible

The act of assuming the risk of organizing productive resources to produce goods and services.

• business
• critical thinking
• entrepreneurship
• risk management

Innovative ideas come from 3 sources:

• skills, abilities and egos

• passions, complaints and egos

• passion, abilities, and skills

• skills, passions, and egos

Something that BUGS you that drives innovation is a...

• complaint

• annoyance

• fear

• insect

The root of your idea is...

• making money

• a good team

• understanding the problem

• finding solutions

Your idea will grow when you

• water it

• sell it

• Keep it to yourself

• understand what others think

When we hide our ideas from others, our solutions inherit our

• skills and abilities

• bias and skills

• blind spots and bias

• blinds spots and abilities

Who should we share ideas with? Check all that apply.

• professionals

• potential customers

• partners to think through ideas

• no one