Famous Quotes from Entrepreneurs
Quote: “Whether you think you can, or think you can’t — you’re right.”
Entrepreneur: Henry Ford, Founder Ford Motor Company
A person who organizes and manages any enterprise, especially a business, usually with considerable initiative
What is an Entrepreneur
The most important skill startup entrepreneurs can have
What is creativity?
Airbnb is obviously a very successful startup, however, they didn’t receive funding right away. Did it take weeks, months, or years to receive necessary funding for Airbnb?
years
When you are starting your own business what is the First step?
What is Creating a Business Model
Quote: “I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.”
Entrepreneur: Jeff Bezos, founder and CEO Amazon
A type of pitch that is 30-60 seconds long and is frequently used by startup entrepreneurs
What is an Elevator Pitch
The five qualities of a successful entrepreneur
What is motivation, passion, vision, confidence, decision making?
What name did Kevin Systrom give instagram before he changed it?
Burbn
What is an important step when creating your business plan?
What is assessing your finances
Quote: “Your most unhappy customers are your greatest source of learning.”
Entrepreneur: Bill Gates
The activity or process of raising money from a large number of people, typically through a website, as for a project or small business
What is Crowdfunding
The most common education for entrepreneurs
What is associates degree followed by high school diploma?
How long did employees of Pandora have to go without getting paid in the early stages?
Nearly two years
How do you connect your new business to customers?
What is Branding and Market research
Quote: "It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently."
Entrepreneur: Warren Buffet
When two separate companies form a new single business
What is a Merger
The average age for successful startup entrepreneurs
What is between 35-45?
Mark Zuckerberg created Facebook while he was a student at what college?
Harvard
How do you get your business public and legalized?
What is Federal tax Id and business registration
Quote: “Logic will get you from A to B. Imagination will take you everywhere.”
Entrepreneur: Albert Einstein
The estimated length of time a startup can continue operating before using up all its funding
What is a Runway
The main reason as to why entrepreneurs want to start their own business
What is they want to be their own boss?
About how much is Netflix worth now (In Billions)?
30 Billion
What is another important step in setting up the Business Plan?
What is hiring a team