Entrepreneur

Which is a characteristic of a successful entrepreneur? (hint: choose 3 correct answers)

• Motivated

• Takes very little risk

• Passionate

• Hard-working

What is a disadvantage of being an entrepreneur?

• You have more control over your work

• You have a more flexible schedule

• You do not always receive a regular paycheck

• Your work schedule is always predictable

What is a target customer?

• “The possible customers for a business”

• “The customers a business should avoid”

• The ideal customers a business should try to attract”

• “The customers marketed to by competitors”

What is an entrepreneur?

• A person who is in charge of a specific location.

• A person who works for someone else in order to learn skills.

• A person who organizes and operates a business or businesses.

• None of these

Most entrepreneurs start what type of business?

• Partnership

• Corporation

• Sole Proprietorship

An entrepreneur must know...

• Only the parts of the business they like

• No parts of the business management

• all parts of business: finance, marketing, etc.

Name one of the reasons people become entrepreneurs.

• Feeling insecure

• They like to be the ONLY one doing everything

• They are doing what they enjoy

An entrepreneur must be...

• disorganized

• organized

• lazy

A business owned and run by 2 or more people is called...

• Partnership

• Sole Proprietorship

• Corporation

Who is this entrepreneur?

• Lord Sugar

• Richard Branson

• Steve Jobs

• Magic Johnson