Mindset
Do you need to have a mindset driven towards change to be a startup entrepreneur?
Yes, because you need to want to succeed and be different then corporate America and your other competitors.
How much money does an average online business make?
A successful online business can make anywhere from 50,000 per month to as high as amazon bringing in 17.6 billion dollars per month.
The online pet supply site, Pets.com, went under in November of 2000 after blowing their budget on what?
What is a Super Bowl commercial
What is the best way to keep your ideas safe regarding other companies trying to steal your ideas?
What is a Trademark
What is the key to persuasion?
What is reciprocity
Do you have to be creative to be a startup entrepreneur?
Yes, because you have to be always thinking of new ideas and processes to keep ahead of competitors and keep consumers interested.
Did covid help online businesses?
Yes, the pandemic helped ecommerce sales exponentially because many companies closed and everyone started to buy everything online because we were on lockdown.
A Hulu docu-series called “The Dropout” is based off of the failure of this 2003 startup for more efficient blood-testing devices.
What is Theranos
What is the current best marketing strategy to catch the eye of the consumer?
What is Social Media
How can persuasion be negative?
What is misinformation.
What kind of traits are found in startup entrepreneurs?
Some notable traits are passionate, effective planner, and flexible.
What are the bad things about an online business?
Online businesses are hard to be successful because of the competition you have constantly around the world.
This virtual reality company was bought by Facebook for $2 billion before they even had a consumer product out.
What is Oculus
What is the best way to start funding a startup from the ground up?
What is Crowdfunding
How does persuasion help with selling products?
What is, helps customers continue to purchase from the same company.
Why is having a startup mentally challenging for some people?
You have to put in a lot of time and effort with a very high risk, and some people can’t handle all the pressure.
What age is a good start for online businesses?
There is no good age to start an online business, you can start in your 40s or you can start in your teens.
Originally called “The Point,” this social network for activists evolved into a platform used to buy items in bulk after the economic collapse of 2008.
What is Groupon
What is the best city to start a business?
What is Orlando, FL
How can persuasion be positive?
What is, increase in sales.
Do you have to take crazy risks when becoming a startup entrepreneur?
Yes, because you're trying to stand out to succeed, and you have to make big choices that may seem crazy to others in order to get the business going.
How long does it take to be successful?
No business will be successful overnight so it will be some time. Most businesses start being in profit around 2-3 years in but successful takes around 7-10 years.
The highest grossing social media company of 2021, Bytedance, is the developer behind what two video network platforms?
What are Douyin and TikTok
What is the best way to win over your first investors when beginning a business?
What is demonstrating demand from possible consumers
What is persuasive communication?
What is, a message containing convincing arguments.