What It Takes
Famous Entrepreneurs
Starting a Business
Rewards & Risks
Vocabulary
100
What is the age limit to become an entrepreneur
none
100

Who is the founder of Amazon

Jeff Bezos

100
What is an important factor when starting a business
money, location, workers
100
Give an example of a reward
prizes, money, a service, a product, etc.
100
What is one called who is considering going into business for themselves
Entrepreneur
200
What are two characteristics of an entrepreneur
Determination, Hardwork, Perseverance , Leadership, etc.
200

Who is the founder of Apple

Steve Jobs

200

What are resources needed to begin a business

Money, product

200
As an Entrepreneur, you control your ________
wage, hours, business, employees, etc.
200

The action or process of interacting with others to exchange information and develop professional or social contacts.

Networking

300

Entrepreneurs must know what to sell. What two things can businesses sell (not specific items)

a product and/or service

300
Who is the founder of Microsoft
Bill Gates
300
What is an advantage to starting your own business
no debt and no bad reputation
300

What is a risk

Taking a chance 


300

What is all things used in producing goods and services

Resources, factories 

400
What are trends that a business goes through
expansion, recession, depression, recovery; the business cycle
400
Who created Facebook
Mark Zuckerberg
400
What is a way to become an entrepreneur
buy a business, take over a family business, and start a business
400

What is profit

A financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

400

A specific group of people with shared characteristics that a business markets its products or services to.

Market

500

What is something an entrepreneur must know

regulations, the economy, the market, etc.

500
Who is the founder of Wal-Mart & Sam's Club
Sam Walton
500
What is an advantage to finding a target market
understanding who to sell to, producing a product/service that will sell
500

This is a risk of starting a business


Loss, failure 

500

The action of becoming larger or more extensive

Expansion

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