Chapter 2 Review

Based on the statistics in Chapter 2, 33% of entrepreneurs have a college degree

If you cannot be happy with just earning a profit, you are this

The success or failure of an entrepreneurial venture rests entirely on the

Being an entrepreneur involves risks as well as rewards.  Which of the following is a risk?

If you are the type of entrepreneur who knows where you are going, you have this characteristic

Are you energetic and passionate about your work?  If so, then you are this

If you are the type of person that needs more than a yes or no answer, you are this

If you can accept things being your fault, you have this characteristic

Skills that are used when setting up and running a business

What reward of being an entrepreneur covers the fact that you are not going to fire yourself

Business ownership carries with it a certain amount of

This involves wanting know as much as possible about things that might affect their venture.

This is considered to be the biggest reward of being an entrepreneur

If you are considered a controllably aggressive person, you have this characteristic

More than half of all entrepreneurs had parents or close relatives who ran their own business

What characteristic means you cannot accept things being mediocre?

This is considered to be the biggest risk of starting your own business

Income is always guaranteed for entrepreneurs

A profile is a set of characteristics or qualities that identify a person

This reward allows the entrepreneur more freedom

An achiever is the profile considered to be the most important profile for entrepreneurs

A person whose attitude and achievement the entrepreneurs try to emulate is a role model

Which of the following is a contribution that a business owner makes to the community?

A successful entrepreneur is willing to work until the job is done.  This characteristic is

This reward involves the Prestige Factor

If you are considered a Doer and not a Watcher, you have this characteristic

If you demonstrate this characteristic, then you believe in your ability & ideas

The rivalry among businesses is known as competition.

Entrepreneurs must understand how the economy works, what skill does this describe

The characteristic where doing things the routine way bores you is

The risk that is present most during the start-up period, when it may be difficult to hire help

Entrepreneurs want to make their own decisions.  Which characteristic is this?