Basics
What is an entrepreneur?
Someone who starts a business
Who founded Microsoft?
Bill Gates
What is a business plan?
A written guide that explains how a business will succeed
Investors who give money to new businesses are called…
Venture capitalists
Which of these started as a small online bookstore?
Amazon
True or False: Entrepreneurs are born, not made
False – Entrepreneurs can learn skills and grow through experience!
Which company did Elon Musk NOT create?
Tesla, SpaceX, PayPal, and Amazon
Amazon
What does profit mean?
The money left after expenses
What’s the term for your target group of customers?
Market segment
What’s a social entrepreneur?
Someone who starts a business to help people or the planet
An example of an entrepreneur?
Any
Who started the first Apple computer in a garage?
Steve Jobs & Steve Wozniak
Which of these is a start-up?
A new business with innovative ideas, A government agency, A company that’s been around 100 years, and A non-profit organization.
A new business with innovative ideas
What’s the purpose of marketing?
To attract and keep customers
Which platform is best for promoting a business visually?
The main goal of entrepreneurship is to…
Take risks and create value
Which entrepreneur created Fenty Beauty?
Rihanna
What does innovation mean?
Doing something new or better
True or False: You need millions of dollars to start a business
False – Many great businesses start small!
True or False: Failure is part of being an entrepreneur
True – It’s how entrepreneurs learn and improve!
What’s the first step when starting a business idea?
Identifying a problem or need
Which young entrepreneur founded Facebook while in college?
Mark Zuckerberg
What’s a pitch?
A short presentation to sell your idea
What’s a side hustle?
A small business or gig on the side
What quality do most successful entrepreneurs share?
Creativity and persistence