Startup Survival Quiz 🔥

Startup Survival Quiz 🔥

University

15 Qs

quiz-placeholder

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Startup Survival Quiz 🔥

Startup Survival Quiz 🔥

Assessment

Quiz

Instructional Technology

University

Hard

Created by

Wangui Mbatia

Used 1+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What's the first thing you should do when a billion-dollar startup idea pops into your head?

Build an app overnight

Ask people if they even want it

Call your cousin to register the business

Panic, then hire a CFO

Answer explanation

Conduct market research because if nobody wants it, you’ve just built a beautifully useless thing.🎯

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What's an MVP (Minimum Viable Product) in startup land (and no, it's not LeBron)?

A product with full features

Just enough features to test

Something ready for Shark Tank

A product with zero cost

Answer explanation

A Minimum Viable Product (MVP) is product with just enough features to test with early users.

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The mindset that'll keep your startup alive when things go wrong is...

"Perfect or nothing" energy

Let me avoid risk like taxes

Growth is the only way up!

If I ignore it, maybe it'll fix itself

Answer explanation

A growth mindset is needed to power through difficulties.

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The biggest reason startups fail before year two is?

Poor branding

Lack of funding

Nobody actually wanted the thing

A Weak team (vibes & vibes only)

Answer explanation

No market need. Solve real problems or get ghosted by the market. 👻

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What makes a brand stick in your brain?

A complex logo

Emotional resonance

Expensive marketing

Slogans longer than a TED Talk

Answer explanation

Emotional resonance 🧠💛

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Cash flow is basically:

Total assets owned

Money flowing in/out of your biz

Profit after tax

How much stock you're sitting on

Answer explanation

cash in, cash out = rhythm of survival 🎵

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If you want to see how profitable you are, look at your:

Balance sheet

Income statement

Cash flow chart

TikTok analytics

Answer explanation

Income statement - it's where the profit is at ☕

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