Who is the entrepreneur and author of You Call the Shots?
100
Bill Gates, Steve Jobs & Walt Disney
What are names of well-known entrepreneurs?
100
Your product's price must exceed this.
What is cost?
100
A physical expression of your business idea.
What is a prototype?
100
A business that is completely owned and operated by one person.
What is sole proprietorship?
200
A famous millionaire that Cameron sent a letter to.
Who is Donald Trump?
200
Kevin Brooks used his airbrush skills to paint a unique picture on something athletes wear.
What is a helmet?
200
A major consideration in setting your prices (in addition to the cost of your products/services).
What is location?
200
The name of a squirt gun that had a great prototype, leading to a great product.
What is a Super Soaker?
200
It has many of the same principles as a sole proprietorship, except that the risks and rewards are shared.
What is a General Partnership?
300
Word of mouth
What is the most powerful form of advertising?
300
Look for what's missing in the world and figure out a way to create it.
How do you come up with a business idea?
300
Persuading people to try your product or service.
What is sales?
300
Market research that is data driven and logical (ie. questionnaires and surveys).
What is Quantitative Research?
300
A very popular business structure that is not expensive and paperwork can be done in minutes. It also protects owner from personal liability.
What is a LLC (Limited Liability Company)?
400
People in your life that guide you and give you advice.
What are mentors?
400
A statement that reframes a problem so that you can think about it in a way that generates ideas and solutions.
What is a Challenge Statement?
400
This pastor went door to door surveying people to better understand his market BEFORE planting a successful church in southern CA. Hint: He also wrote a very popular Christian book.
Who is Rick Warren?
400
Research that finds out what people think and why they think it.
What is Qualitative research?
400
The most sophisticated business structure because the law recognizes it as its own entity.
What is a Corporation?
500
Most important asset in your business, in addition to your actual product/service.
What is reputation?
500
He asked himself, "How might I record the human voice?"
Who is Thomas Edison?
500
A key aspect of your business to retain customers.