Working for Someone Else
Why do most people choose to work for someone else?
All of the above (Easier, less risky, steady paycheck)
What is the most common trait entrepreneurs share?
Being a risk-taker
What’s the average salary for an entrepreneur?
$100,000
Why are more people becoming entrepreneurs?
All of the above (Economy, independence, income)
What does it mean to be creative?
Using imagination or original ideas
Who is someone that starts their own business?
An entrepreneur
What does tenacity mean?
Being relentless, determined, and courageous
What are potential risks business owners face?
Time, money, and reputation
Which group is the fastest-growing among entrepreneurs?
Black women
Which characteristic helps you come up with new ideas?
Being creative
What is one reason people become entrepreneurs?
Desire for independence
What does adaptability mean?
Being flexible when faced with the unexpected
What is a benefit of entrepreneurship?
All of the above (Control, freedom, earning potential)
What statement does not describe a trend in entrepreneurship?
Entrepreneurship is becoming less diverse
What trait helps you take smart risks?
Self-confidence
What percentage of the U.S. workforce are entrepreneurs?
16%
What does self-confidence mean?
Believing in yourself
What is a common disadvantage of owning a business?
Unpredictable hours and no guaranteed paycheck
What percent of businesses fail in their first 10 years?
70%
What’s one reason creativity is important in entrepreneurship?
It helps you find new solutions and stand out from competition