What it takes?
Famous Entrepreneurs
Social Media
Starting a Business
Vocabulary
100
None
What is the age limit to become an entrepreneur?
100
Oprah
She's an acclaimed actress and producer, internet innovator and philanthropist and has her own talk show. She founded Oprah Winfrey Foundation (supports education of women) and Oprah's Angel Network (inspires people to make a difference in the lives of others). Who is she?
100
Facebook
This website was created in 2004 as a way for collage students to network with one another. What is it called?
100
Own boss, choose hours etc
What are two advantages of starting your own business?
100
Center for Entrepreneurship Education & Business Development
What does CEED stand for?
200
Determination, Hard-work, Perseverance , Leadership, etc.
What are two characteristics of an entrepreneur?
200
Bill Gates
Who founded Microsoft?
200
YouTube
More than 24 hours of video are uploaded to this site every minute.
200
You might suffer a loss and lose all your money; Stress; Long hours etc
What are two disadvantages of starting your own business?
200
An intangible good is a good that does not have a physical nature, as opposed to a physical good (an object). E.g the service that banks provide, goodwill etc
What is the difference between an intangible product? Provide an example.
300
a product and/or service
What two things can businesses sell? (Hint: one's tangible & one's intangible)
300
Henry Ford
He changed the automobile industry forever through developing new assembly-line techniques in Ford automobiles. Who is he?
300
Google
This site has over 200 million users and handles 1.6 billion searches a day
300
Programs like CEED, Common Goods Solutions, Bank, Credit Union etc
What would you do if you did not have enough money to start a business? Where would you get the money & resources from?
300
Fill in the blank!
____________- Expenses = Profit
400
An idea, knowledge of the economy, knowledge of basic budgeting, knowledge of basic marketing etc.
What do you require to start a business?
400
Steve Jobs
Who founded Apple?
400
Pinterest
Food makes up 60% of post, discussions and pictures on this site. Most of the users are female.
400
Test it; Figure out who your target market is.
You came up with a great business idea and now you've created a prototype of the product that you want to sell. What is your next step?
400
The group of potential customers/consumers you choose to sell your products to.
What does target market mean?
500
Price, Product, Place & Promotion
What are the 4 Ps of Marketing?
500
Mark Zekerberg
Who founded Facebook?
500
Twitter
Launched in June 2011 within a month this network had more than 20 million users.
500
True!
Team work is important when you're starting a business. True or False?
500
Investment/ Capital
What is the amount of money you put into your business initially, called?
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