Multiple Choice
How many Entrepreneurs are there in America?
A) 5 Million
B) 10 Million
C) 25 Million
D) 12 Million
C.
There are 25 million people who are starting or running new business.
Entrepreneurs are regular people who do not take risks.
False
Entrepreneurs are regular people who do take risks.
An Entrepreneur is a person who takes on greater than normal financial ___.
Risks
What is the percentage of businesses that fail within there first year.
A) 85 %
B) 60%
C) 40%
D) 50%
D. 50%
An entrepreneur can be rich or poor
True
Most Entrepreneurs do not start off wealthy.
In entrepreneurship, luck is where _________ and opportunity meet.
Preparation
A) Indecisive
B) Risk Takers
C) Independent
D) Creativity
A) Indecisive.
Generally speaking, Entrepreneurs have a stronger need to be in control of their own fate.
True
For an entrepreneurial company, leasing is better than ________.
Buying
Which Entrepreneur is the highest paid?
A) Bill Gates
B) Zach Zuckerberg
C) Jeff Bezos
D)Warren Buffett
C). Jeff Bezos
Only the most skilled entrepreneurs should attempt to build a business.
False
When an Entrepreneur starts his/her business, second ___ your business is natural.
Guessing
What is the most common mistakes that Entrepreneurs make ?
A) Not learning the needed skill.
B) Having too much free time.
C) Not being organized.
D) Trusting your instincts.
A) Not learning the needed skill.
Most Entrepreneurs have a college degree.
False. Only 44 percent of Americans have a college degree who pursue being an Entrepreneur.
An entrepreneurs does not need a _____ in order to become an entrepreneur.
Degree