Guess The Entrepreneur
In 1880, who invented the lightbulb?
Thomas Edison
What TV streaming service is worth over $30 billion?
Netflix
Most successful entrepreneurs take wild, uncalculated risks in starting their companies
MYTH! Most ideas are pre-tested before getting big and entrepreneurs are risk-averse by nature
Name one type of loan available to start up small businesses
a term-loan
This Microsoft innovator makes nearly $1000 every four seconds.
Bill Gates
In 1994, who invented Amazon?
Jeff Bezos
What ride share service was started in 2008 and quickly became the world's most valuable start up?
Uber
Fact or Myth: Every second, 3 new startups are invented worldwide.
Fact! This leads to 11,000 every hour
What kind of funding doesn’t need to be paid back?
90% percent of startups ____ within the first year of their creation?
Fail
The CEO of Tesla, the automotive, artificial intelligence, and clean energy company headquartered in Austin, Texas
Elon Musk
What food service currently delivers to all 50 states and has current market capitalization of $42.7 billion?
DoorDash
Fact or myth: China has the largest number of start-up companies worldwide with 71,153
Myth, its the United States!
Where can people go to find out more about loan options?
Government websites or local banks
What is the biggest category of startup companies in the US?
AI
The founder of Spanx, the American intimate apparel company with pants and leggings.
Sara Blakely
Bill Ready is the CEO of this startup company focused on sharing pictures and discovering information
Most entrepreneurs have their idea while working for another company and hide it.
TRUE! 70% of entrepreneurs had their idea while working for other companies!
About how much money does one need to start a small business?
Around $3,000
95% of successful startup founders have what type of degree?
Bachelor degree
In 2002, who founded LinkedIn?
Reid Hoffman
What famous rental housing company was founded in San Francisco, CA in 2007 with two people hosting guests in their home on air mattress, and has now grown to 6 million active listings worldwide?
AirB&B
Most successful entrepreneurs have a well-considered business plan and have researched and developed their ideas before taking action
MYTH! They most likely have an incomplete business plan that they need to research and seek validation to fill in the gaps
Is there a maximum amount for a government “small business” loan?
Max $5 million
At what age did Elon Musk become a milionaire?
28 years old