Entrepreneurship Unit 1 - Owning Your Future

Select all that apply: An entrepreneur....

• risks more than an employee

• is responsible for his or her business success

• typically works longer hours than employees

• has fewer benefits than an employee

A serial entrepreneur is

• someone who uses money from sale of a business to start another business

• someone who learns from previous successes and failures

• someone who starts more than one business

• works for someone else

A dot-com company is

• a company that has more than 100 employees

• a company that runs most of its business from the internet

• a company that operates internationally

• a company focused on protecting the environment

The primary motivation for becoming an entrepreneur is to make money.

• True

• False

In today's business world, most entrepreneurs use the internet in some way.

• True

• False

One of the rewards of being an entrepreneur is being able to help your community.

• True

• False

Which of the following is NOT a skill needed by an entrepeneur?

• computer skills

• people skills

• organizational skills

• drawing skills

The ability to perform a specific kind of task after practice is referred to as having

• a skill

• an aptitude

• self-esteem

• an attitude

Which of the following is not generally a personal characteristic of a successful entrepreneur?

• creativity

• curiosity

• cautiousness

• courage

What percentage of business owners used money of their own, or from their families, to start or buy a business?

• between 20% and 40%

• between 40% and 60%

• more than 60%

• less than 20%