Show:
What It Takes
Famous Entrepreneurs
Starting a Business
Rewards & Risks
Vocabulary
100
What is the age limit to become an entrepreneur
none
100
Who is the founder of Ford automobiles
Henry Ford
100

What is an important factor when starting a business

money, location, workers

100
Give an example of a reward
prizes, money, a service, a product, etc.
100
What is one called who is considering going into business for themselves
Entrepreneur
200
What are two characteristics of an entrepreneur
Determination, Hardwork, Perseverance , Leadership, etc.
200
Who is the founder of JC Penny department stores
JC Penny
200
What are resources needed to begin a business
Land, Labor, Capital
200

As an Entrepreneur, you control your ________

wage, hours, business, employees, etc.

200
What is a tangible product
an item that can be handled, touched
300

Before starting a business, specifically one that practices social entrepreneurship, what within society must be identified first?

A problem, 100 bonus points if the team mentions for a specific target group. 

300
Who is the founder of Microsoft
Bill Gates
300
What is an advantage to starting your own business
no debt and no bad reputation
300

1 in _ entrepreneurs fail to successfully start up their first business (range: 2-6)

a gain, loss, or failure; bankruptcy, investing, etc.

300
What is all things used in producing goods and services
Resources
400
What are trends that a business goes through
expansion, recession, depression, recovery; the business cycle
400
Who created Facebook
Mark Zuckerberg
400

What are the ways to become an entrepreneur? (Hint: does it have to be your business?)

buy a business, take over a family business, and start a business

400
What is the amount of money a one puts into a business
Capital
400

What is a unique value propositon?

A unique contribution from a business that gives it a competitive advantage. 

500
What is something an entrepreneur must know
regulations, the economy, the market, etc.
500
Who is the founder of Wal-Mart & Sam's Club
Sam Walton
500
What is an advantage to finding a target market
understanding who to sell to, producing a product/service that will sell
500

Does a business have to generate profit? 

Non-profits count as businesses, so no!

500

What are revenue streams and cost structures in a business?

The structure and distributiton of the source and amount of funds that are received and allocated by a business.