Round 1: Characteristics of an Entrepreneur

Which of the following is NOT a characteristic of a successful entrepreneur?

• Self-Confident

• Takes minimal risk

• Innovative

• Goal-Oriented

What could put an invention or innovation at risk of being stolen?

• Lack of uniqueness

• Lack of advertisement

• No patent

• No recognition

Were the first electric cars an example of an invention or an innovation?

• Invention

• Innovation

Which is not a benefit of being a good observer?

• Better navigation

• Easily communicate

• Knowledge of surrounding

• Good first impression

Which cannot be considered an entrepreneur?

• Actress

• Singer

• TV show host

• None of the above

Which of the following is bad advice for becoming an entrepreneur?

• Find your passion

• Be patient

• Don't take risks

• Challenge yourself

A person who is associated with starting a business is know as

• Merchant

• Entrepreneur

• Salesman

• Businessman

SWOT analysis s stands for ?

• Success

• Strength

• Strategy

• Survey

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.

What challenges does an entrepreneur have?

• Money

• Drive

• Responsibility

• All of the above