Chapter 2: What it takes to be an Entrepreneur

An observable and measurable end result that can be achieved in a specific timeframe

• Goal

• Short- Term Goal

• Medium-Term Goal

• Long-Term Goal

A goal that takes 5+ years to accomplish.

• Goal

• Short-Term Goal

• Medium-Term Goal

• Long-Term Goal

 A goal that takes less than one year to accomplish.

• Goal

• Short-Term Goal

• Medium-Term Goal

• Long-Term Goal

A goal that takes longer than one year but less than five years to accomplish.

• Goal

•  Short-Term Goal

• Medium-Term Goal

• Long-Term Goal

Saving for a house would be considered a _______________.

• Goal

• Short-Term Goal

• Medium-Term Goal

• Long-Term Goal

The desire to accomplish something, which involves hard work and determination, is known as ______. 

• Work Ethic

• Personality Type

• Ambition

• Capital

Money or assets can be invested in a business to generate income.

• Work Ethic

• Personality Type

• Ambition

• Capital

Psychological classification of different types of individuals composed of different personal attributes.

• Work Ethic

•  Personality Type

• Ambition

• Capital

One with strong ______________ will be able to prioritize and provide high-quality work.

• Work Ethic

• Personality Type

• Ambition

• Capital

The desire or willingness for someone to do something is known as______________.

• Work Ethic

• Motivation

•  Ambition

• Capital