Transformation of Ideas
How do ideas relate to opportunity?
They relate to each other because once you form ideas that leads into opportunities which leads into the start of your own business.
What is the name of the website, known for being built by a Harvard student, to connect with other fellow students from the prestigious Ivy League?
What is Facebook
You need a detailed business plan, myth or fact?
Myth, a business plan is needed but don’t get too wrapped up in the details.
What classes will help your steps of becoming an entrepreneur?
What is Marketing, Finance and Accounting Management, public speaking, economics, writing and composition, etc.
What is a method of collecting information regarding potential customers and businesses currently employed?
What is Market Research
What do entrepreneurs do with their ideas?
What is the name of the app that provides a taxi-like call service at the click of a button?
What is Uber
Entrepreneurs use innovative passion to create startups, myth or fact?
Fact, innovation and creativity are key ingredients of a successful business
What past experiences, if any, are needed to become an entrepreneur?
What is having good interpersonal skills and previous experience with critical thinking and creative thinking
This determines the business’s brand, personality, and how customers will view the service?
What is a Business Name
What do you do if you are stuck and can’t form ideas?
What is shifting your perspective
What is the service that provides fast and convenient renting accommodations to tourists directly from owners?
What is Airbnb
Most startups fail, myth or fact?
Fact
Do you need to be smart to become an entrepreneur?
What is making smart choices and look at the big picture of things.
What is the sum of money accumulated to support a business called?
What is funds
Can you form ideas based on other people's ideas?
What is hearing other people’s ideas and maybe building off of theirs or changing it in some way is okay and can help you figure out different unique ideas.
What company was created by a Hollywood actress and produces environmentally friendly children’s hygiene products and cosmetics?
Most startups start with millions in venture capital, myth or fact?
Myth, people usually borrow from friends and family.
What major is needed to pursue entrepreneurship?
What is business degree going along with a business major in order to pursue entrepreneurship.
How does a business become legal and protected as a distinct entity?
What is Registration
How do you transform ideas into reality?
What is thinking about who will be affected by your idea? And plan backwards. Ask for different types of feedback and start taking action.
What business is known for market analyzing target audiences’ consumer behavior on various platforms and devices?
What is AdRoll
Founders get to be their own boss and have freedom to make decisions, myth or fact?
Myth, there are a ton of people you need to listen to in order to be successful
Is there a certain GPA needed for becoming an entrepreneur?
What is a 2.5 or 3.0 GPA is required for entrepreneurship.
What is known as the foundation to any business that provides a roadmap and structure to grow?
What is a business plan