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Module 8: Entrepreneurship Flashcards | StudBud
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Module 8: Entrepreneurship
Module 8: Entrepreneurship
20 terms
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Flashcards
20 cards
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Practice quiz
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Host live
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Questions
20
Answers
1
Is the rise of AI what is considered "Jumping the Curve"?
False
True
2
Which term is used by Robert Kawaski that means the company is dedicated to improving a current product?
Roll the Dice - Get Going
Churn baby Churn
Hire Infected People
Niche Thyself
3
These people like to fund businesses early in the investment cycle.
Friends & Family
CrowdFunding
Angel Investor
Bootstrapping
4
Which is
NOT
a crowdfunding site?
BizFund
Patreon
IndieGogo
Kickstarter
5
The 10/20/30 Rule Applies to business formation.
False
True
6
What does "Jump the Curve" mean?
To outperform earning estimates
To advance technology to the next stage.
To improve on the current design of a product.
To move into a higher tax bracket
7
Can you raise over a million dollars on crowdfunding sites?
False
True
8
Which is
NOT
a benefit of a side hustle.
Make Extra Money
Work as Much as You want
Be Your Own Boss
Tax write offs
9
McDonalds a franchise business?
True
False
10
Which is the most popular form of start-up financing?
CrowdFunding
Friends & Family
Angel Investor
Bootstrapping
11
Why do most start ups fail?
Poor Management
Bad Idea
Run out of Cash
All the Above
12
When Bootstrapping, it is important to keep cost low.
True
False
13
When your Rich Uncle provides capital for your start-up ________________?
Angel Investor
CrowdFunding
Bootstrapping
Friends & Family
14
Using Kickstarter to raise funds for a business is called?
Angel Investor
Bootstrapping
CrowdFunding
Friends & Family
15
Which is
NOT
considered Entrepuernuerhsip?
Stock Buyback
Side Hustle
Franchise
Small business (built or bought)
16
How long is a typical Elevator Pitch?
10 to 20 minutes
2 to 3 minutes
5 to 10 mintues
30 to 60 Seconds
17
Which is
NOT
a form of Business?
Partnership
Sole Proprietorship
Cohort Corportion
LLC - Limited Liability Corporation
18
You should let "Bozos" grind you down.
False
True
19
Which is a form of a Unique Value Proposition?
Lighter
Cheaper
All the above
Smaller
20
_____________ is when you use
Only
your personal funds and time to start a business.
CrowdFunding
Angel Investor
Friends & Family
Bootstrapping