eQuizShow

Should you be an Entrepreneur?

All about entrepreneurs

Question: An assessment of your interests, strengths and weaknesses.
Answer: A self-assessment

Question: People who own, operate and take the risk of a business venture.
Answer: Entrepreneur

Question: People who work for someone else.
Answer: Employees

Question: The process of running a business of your own.
Answer: Entrenpreneurship

Question: Why do people want to become entrepreneurs?
Answer: any of these are acceptble:
1. set their own schedule
2. work at home
3. personal dream

Exploring Ideas and Opportunities

Question: Possibilities that arise from existing conditions
Answer: Opportunities

Question: Thoughts or concepts that come from creative thinking
Answer: Ideas

Question: Special meetings where companies of the same or related industry display their products.
Answer: Trade Shows

Question: An organization that exists to help small businesses and their owners; an excellent resource for people interested in starting a new business.
Answer: SBA -- small business administration

Question: How is setting a SMART goal different than just setting a goal?
Answer: SMART goals are
specific -- answers what, why or how
measurable -- know how you will measure your cussess
attainable -- should be within reach
realistic -- things you're willing to committ to
timely -- give a timeframe; a month, a year.

Types of Businesses

Question: A business that does something for you; no products are exchanged.
Answer: Service Business

Question: A business that removes resources from the ground.
Answer: Extracting Business

Question: A business that sells products directly to the consumer.
Answer: Retailing Business

Question: A business that sells products to other businesses rather than the final consumer.
Answer: A Wholesaling Business

Question: A business that produces the products they sells.
Answer: Manufacturing Business

Advantage or Disadvantage

Question: Uncertain income
Answer: Disadvantage

Question: Be your own boss
Answer: Advantage

Question: Make all decisions by yourself
Answer: disadvantage

Question: Work hours may be long and hours will be uncertain.
Answer: Disadvantage

Question: Potential to earn large sums of money.
Answer: Advantage...duh!!

Other stuff to know

Question: A problem-solving technique that involves generating a large number of ideas
Answer: Brainstorming

Question: These goals include how much money you will earn and how quickly you will pay off debts
Answer: Financial Goals

Question: These goals are for personal satisfaction and may include helping others, achieving independence, or doing something you enjoy.
Answer: Non-financial goals.

Question: A business that raises, grows and harvest fresh produce or other farm products.
Answer: Agricultural Business

Question: The coffee company that was founded in 1971 in Seattle and has expanded it's business world wide serving over 40 million customers per week.
Answer: Starbucks.