Entrepreneurship Quiz video ort

What is the core definition of an entrepreneur?

• Someone who is comfortable with developing their own diverse income streams

• Someone who creates a personal brand

• Someone who works for a feline health and fitness company

• Someone who sees a need and takes on the financial risk to start a business to fill that need

According to the Global Entrepreneurship Monitor, how many businesses are launched each year?

• Over 100 million

• 10 million

• 1 million

• 100,000

What is the main reason entrepreneurs start companies, according to a study in the Social Science Research Network journal?

• They are wasted working for someone else

• Large companies can’t appreciate their full potential

• They are capable of turning their internal value into real life money

• They are inherently more valuable than how they appear on paper

What is the Lean Startup methodology created by Steve Blank and Eric Ries?

• A guidebook for entrepreneurs to redefine failure

• A globally recognized guidebook for entrepreneurs

• A method to discourage entrepreneurs from learning from failures

• A method to avoid failure at all costs

What is the main motivator for entrepreneurs, according to the text?

• Health insurance

• Predictable work hours

• Stability

• Potential wealth

What is the downside of participating in the gig economy, according to the text?

• Lack of legal protections for gig workers

• Difficulty in finding fulfilling gigs

• Inability to work from anywhere

• Limited opportunities for diverse income streams

What is the main reason entrepreneurs are well-suited for the gig economy?

• They are not independent thinkers

• They prefer traditional 9-to-5 jobs

• They are comfortable with developing their own diverse income streams

• They are not interested in building portfolios of work

What is the main challenge entrepreneurs face in the gig economy, according to the text?

• Lack of income security

• Limited opportunities for diverse income streams

• Inability to work from anywhere

• Difficulty in finding fulfilling gigs

What is the main reason entrepreneurs believe in themselves, according to the text?

• They are inherently more valuable than how they appear on paper

• They are wasted working for someone else

• They are capable of turning their internal value into real life money

• Large companies can’t appreciate their full potential

What is the main reason entrepreneurs start companies, according to a study in the Social Science Research Network journal?

• Large companies can’t appreciate their full potential

• They are wasted working for someone else

• They are capable of turning their internal value into real life money

• They are inherently more valuable than how they appear on paper