What It Takes
Famous Entrepreneurs
Starting a Business
Rewards & Risks
Vocabulary
100
What is the age limit to become an entrepreneur
none
100

going from music to a multimillion dollar beauty line, Fenty Beauty and lingerie fashion line, Fenty X Savage

Rihanna

100

What is an important factor when starting a business

Determine your audience. Have a strong mission, finances.Understand the risk.Put together a business plan.

100
Give an example of a reward
prizes, money, a service, a product, etc.
100

What is one called who starts and runs a business and takes on the risks that come with doing so. 

Entrepreneur

200
What are two characteristics of an entrepreneur
Determination, Hardwork, Perseverance , Leadership, etc.
200

He is the world’s highest paid athlete and has been running businesses starting from a young age, including the famous Nike’s Air Jordan line.

Michael Jordan

200

What is needed to begin a business

Business Plan, Funding, Resources 

200
As an Entrepreneur, you control your ________
wage, hours, business, employees, etc.
200

What is a tangible product

an item that can be handled, touched

300

Entrepreneurs must know what to sell. What two things can businesses sell?

a product and/or service

300
Who is the founder of Microsoft
Bill Gates
300

What is an advantage to starting your own business

Create your own schedule, Make your passion your job, Be your own boss, etc...

300

What is a risk

a gain, loss, or failure; starting over, losing money, investing, etc.

300

people talking to one another, sharing ideas, information and resources.

Networking

400

What are the goals of an Entrepreneur? 

Financial Stability, Create Jobs, Help Community, Gain Customers, etc...

400
Who created Facebook
Mark Zuckerberg
400
What is a way to become an entrepreneur
buy a business, take over a family business, and start a business
400

What is the risk-return tradeoff? 

the higher the risk of an investment, the higher the potential return. The lower the risk, the lower the potential return

400

The process of attracting potential customers and clients to a product or service.

Marketing

500

What is the importance of Entrepreneurs to society?

Create Jobs & opportunities, Foster creativity, Create businesses to make lives easier, etc...

500

A musical couple. He owns Roc Nation label and Tidal streaming service. Along with her successful music career, she is the founder of the athleisure brand Ivy Park. 

Jay-Z and Beyonce

500

What is an advantage to finding a target market

understanding who to sell to, producing a product/service that will sell

500

Is 'freedom' a risk or a reward for business

Reward

500

a ____ occurs when you sell something for more than it cost. • when a business makes more money than it spends.

Profit

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