Entrepreneurship
Miscellaneous
SBA
Famous
Entrepreneurs
Challenges/Risks
Rewards
100

What is a side-hustle?

A job in addition to your regular full time position. People have side-hustles to make extra money.

100

What does SBA stand for?

Small Business Administration

100

What entrepreneur stated Amazon?

Jeff Bezos

100

The biggest risk that entrepreneurs face is _______

Financial risk

100

A virtual business also knows as a ______  ______ company, can make shopping easier and more efficient for consumers.

dot com

200

A written description of a new business venture that describes all aspects of the business

A business plan.

200

What does the SBA do?

They help and protect the interest of small businesses. 
200

What company did Steve Jobs start?

Apple

200

Lack of ___________ due to working long hours is a challenge for entrepreneurs.

Sleep

200

Name a reward for being an entrepreneur.

various answers

300

There are ________ essential parts of a business plan.

15

300

The SBA is a _____________________ agency.

Government

300

What business did Lori Greiner (from Shark Tank) start?

QVC

300

Identify another challenge of being an entrepreneur. (Must be something not named before)

various

300

Name 2 rewards of being an entrepreneur.

Various answers

400

A new business undertaking that involves risk is called what?

Venture

400

A business is considered "small" if it employs fewer than  _________ people.

500

400

Who is the richest entrepreneur in the world currently?

Elon Musk

400

Name 2 other challenges (risks) of being an entrepreneur.  (Must be things not already mentioned)

Various

400

Small Businesses employ _______ % of the US work force.

50%

500

Name 5 personal characteristics of great entrepreneurs

Responsible, hardworking, risk-taking, persistent, restless, self-demanding, action-oriented, creative, independent, enthusiastic, goal-oriented, driven, inquisitive, etc.

500

More than _________ % of US firms are small businesses.

99%

500

Who is Warren Buffet? What company did he start?

Billionaire who started Berkshire Hathaway

500

Why are entrepreneurs important to the American economy? (2 things)

They provide consumers with new products and services, which stimulates the economy and creates jobs.

500

What is the number 1 reason people become an entrepreneur?

Being your own boss

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