Which company was started by Steve Jobs and Steve Wozniak in a garage?
Apple
What type of mindset believes you can improve your skills with effort and practice?
Growth mindset
What entrepreneurship value is shown when someone keeps trying even after failing?
Resilience/Perseverance/Growth Mindset
What do we call the money you earn?
Income
What skill helps people work well together in a group?
Teamwork
Which entrepreneur created Disney after facing early failures?
Walt Disney
Which action best shows a growth mindset when something feels difficult?
Practicing more, asking for help, or trying a new strategy
Which value is about taking responsibility for your actions and results?
Accountability
What is the difference between income and expenses?
Income is money earned; expenses are money spent
Why is time management important in school or business?
It helps meet deadlines, reduce stress, and get more done effectively
Name one famous company that started small and later became global.
Amazon, Google, Apple, Nike, Disney, & more.
A student says, “I can't do this.” Is this fixed mindset or growth mindset?
Fixed mindset
Which entrepreneurship value best fits someone who sees a problem and creates a new idea to solve it?
Innovation (or creativity)
If a business makes more money than it spends, what is that called?
Profit
Give one example of a good decision-making skill.
Thinking ahead, weighing pros and cons, considering consequences
Why do we often talk about “garage startups” in entrepreneurship?
Because many successful companies started with limited resources and simple beginnings
Give one example of how failure can help someone grow.
It helps them learn what didn’t work, improve strategies, or try again smarter
A student launches a product, it fails, and they use feedback to improve it. Name two entrepreneurship values shown.
Resilience and growth mindset / accountability / innovation
Why is saving money important for individuals and businesses?
For emergencies, future goals, growth, and financial security
What do we call doing the right thing even when no one is watching?
Integrity
Choose one famous company and explain one risk the founder likely took early on.
Quitting a job, investing personal money, launching an unproven idea
You receive critical/brutal feedback on a project. What would a growth mindset response sound like?
“I can use this feedback to improve,” or “This helps me get better”
Which entrepreneurship value is most important when starting something new with no guarantee of success, and why?
Risk-taking (because starting something new always involves uncertainty)
Profit = ______ - _______
Profit = Revenue - Expenses
What do we call the results that follow a choice or action?
Consequences