Startup Failures
MYTHS
COMMON QUESTIONS
Famous founders
Programs and Activities at Miami
100

This new invention was a fun way for people to get around, but frequently caught fire in homes and became a safety hazard.

What is a hoverboard

100

Whats the truth behind the myth most successful entrepreneurs take wild risks to start their companies?

most ideas are pre tested before betting big

100

What age do most people begin their entrepreneurship journey?

 It is a wide gap, because some people will start at age 19 and others will start in their 60s. It is never too late or too early to start.

100

a self-taught computer programmer and the co-founder, chair, and CEO of Meta (formerly Facebook).

Who is Mark Zuckerberg?

100

This Focus area gives students the mindsets and tools to dive deeply into problems to discover bigger and better ideas. 

Creativity and Innovation in the Department of Entrepreneurship

200

This was the largest automaker company in America. They made many bad decisions leading up to their file for bankruptcy in 2009. What company is this?

What is General Motors

200

Whats the truth behind the myth most successful entrepreneurs have strong track records and years of experience in their industries?

Most entrepreneurs have some kind of expertise, like accounting, but have not started a business previously

200

do most entrepreneurs start their journey alone or with partners?

It depends, you will have drawbacks for both sides. Being solo means you have a business that does exactly what you want to do, but you do not have a lot of money and you are alone. Having a partner means you have the money but if you guys disagree over something, you must figure out how to resolve conflict

200

American inventor, designer, and entrepreneur who was the cofounder, chief executive, and chairman of Apple Inc

 Who is Steve Jobs?

200

This center creates hands-on, experiential learning opportunities for undergraduates and strives to give students the tools they need to leave their mark on the world.

Center for Social Entrepreneurship 

300

This company was supposed to revolutionize healthcare, but ended up using fraudulent blood tests to fake results.

What is Theranos

300

Whats the myth behind the truth most successful entrepreneurs start with  “break through “ invention?

no, they take other business ideas and make them more accessible, better, or cost effective.

300

 Is failure good?

It can be a good thing if approached with the right mindset. Failure is how you learn and how you grow and it will only benefit you to fail.

300

CEO of several major companies, including Tesla

 Who is Elon Musk?

300

This initiative is about building a legacy of affirming and equipping future female founders to succeed in entrepreneurial environments.

Advancing Women in Entrepreneurship

400

This video store had Netflix calling to sell itself to them, but they said no and relied on people’s late fees to keep them alive.

What is BlockBuster

400

what is the myth behind the truth most entrepreneurs have a well-considered business plan?

Most entrepreneurs have an incomplete business plan and go out and seek validation from other businesses.

400

why do most entrepreneurs fail?

Poor strategy, lack of market education, Bad execution, fear, under confidence



400

Microsoft founder

Who is Bill Gates?

400

This provides time and a reason for people to use creativity in problem-solving to generate new ideas and use imagination to take positive action in the world.

World Creativity and Innovation Day/Week

500

This phone was too expensive, lacking necessary apps, and too tied to another company. Because of this, nobody wanted to buy this phone even with the unique 3D displays. 

What is the Amazon Fire Phone





500

What is the myth behind the truth most entrepreneurs start with millions in venture capital?

more common practice is self-funding, from family and friends.

500

What do the first five years of your entrepreneurship journey look like?

he first five years of entrepreneurship are often marked by a mix of challenges and opportunities entrepreneurs face the hardest years especially in the early stages whether they learn the most and gain wisdom that will be beneficial later that's a long time of uncertainty, innovation, and the need to build a strong foundation for long term success.



500

Founded amazon in 1994 

Who is Jeff Benzos?

500

This program prepares the next generation of entrepreneurs, innovators, and startup employees by partnering with some of the most innovative companies in the nation's fastest-growing entrepreneurial ecosystems, providing hands-on internship and co-op experiences.

Altman Summer Scholars Internship Program


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