What company did Bill Gates found?
What is Microsoft?
Is the product tested before or after mass production?
What is Before?
Which can afford to take bigger risks: startup or corporate entrepreneurship?
Corporate
Two roommates couldn’t afford their rent, so they decided to rent out a room in their apartment. This has now grown into this 31 billion dollar company.
What is Airbnb?
How do start-ups battle lack of customers while getting feedback?
What is: Networking, free trials, calling, and advertising?
Which company needs to take more risks?
Startups (but ONLY calculated)
What retail chain did Sam Walton found, named after himself?
What is Walmart?
What constitutes “an invention”?
What is A new, useful, unique product?
True or false: most entrepreneurs have years of experience in their field.
False
Which clothing company did Kevin Plank found, after graduating from the University of Maryland?
What is Under Armor?
What will a start-up do if they don’t obtain the resources they need?
What is Persevere?
What is a private equity investor that provides capital to companies exhibiting high growth potential in exchange for an equity stake?
Who helped Steve Jobs start Apple in a garage?
Who is Steve Wozniak?
In what way(s) do entrepreneurs typically improve an already existing product?
What is Find holes in things and fix them?
How are startups funded?
Self funded or through friends/family or loans?