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