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WorksheetsEntrepreneur Review 1
Total questions: 15
Worksheet time: 5mins
A common advantage of starting your own business is having
long and unpredictable work hours, no guaranteed paychecks, and stress.
no friends and a lack of excitement.
unlimited earning potential
slow pace of work and lack of freedom.
One disadvantage of being an entrepreneur is
control
freedom
earning potential
high stress
What percentage of all businesses fail within the first year?
25%
80%
50%
10%
Starting and running a business is full of risks.
True
False
A business owner is risking their ______________ and ____________.
motivated and determined.
learn and grow.
time and money.
To be a successful business owner you need to be willing to constantly ___________ and ___________.
learn and grow.
motivated and determined.
time and money.
Select the correct spelling of the term used for a self-made business owner.
Entrepruners
Entraprenurs
Entrepreneurs
Walt Disney was an entrepreneur in which industry?
Beauty / Fashion
Music / Entertainment
Transportation
Computer / Technology
Coco Chanel was an entrepreneur in which industry?
Beauty / Fashion
Music / Entertainment
Transportation
Computer / Technology
For an entrepreneur, _________________ is helpful for coming up with new ideas and ways to gain an advantage.
being creative
being nervous
being highly educated
being dishonest
According to the Bureau of Labor Statistics the average salary of an entrepreneur is about
$45,000
$180,000
$100,000
$1,00,000
What is the fastest growing group of people choosing to become entrepreneurs?
Men
Women
Older People
Everyone
Why are more people deciding to become entrepreneurs?
Desire for independence.
Desire to work for someone else
Desire to take on less risk
Desire to do less work
An entrepreneur is someone that
doesn’t like to take a risk.
starts their own business.
works for someone else.
Rachael Ray is an entrepreneur in which industry?
Food / Cooking
Music / Entertainment
Transportation
Computer / Technology
