Business
What is the name of someone who owns their own business?
Entrepreneur
Why do entrepreneurs get to create their own work hours?
They are independent
What are entrepreneurs risking by starting their own business?
Many small businesses fail; risk losing lots of money
What is startup capital?
the money that is required to start a new business.
Is target a big or small business?
Big
How can starting your own business be financially rewarding?
The sky is the limit, and you can't be laid off or fired from your own business
Why do entrepreneurs get lonely?
They typically work alone and are completely responsible for the success or failure of their business.
What is a disadvantage of taking out a loan?
Interest rates
What is an employee?
Someone who earns a living by working for someone else's business.
Why do entrepreneurs feel a sense of accomplishment?
Knowing they created something valuable
Why do entrepreneurs need to be hardworking and have determination?
They often have to work long hours to get their business of the ground
How do you make a profit?
When the amount of money coming in from sales is greater than the money required to pay the bills
In starting a business, entrepreneurs encounter these and have to problem solve in order to get over them.
Obstacles
Financial insecurity