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Entrepreneur Quiz
Questions that describes the outline of being an Entrepreneur
| Term | Definition |
|---|---|
| Entrepreneur | a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. |
| Acts with Passionate Purpose | Identify consumer need/personal sacrifice/seek solution/act decisively/learn /quickly/peruse goal and result |
| Desires Independence | Possess drive to achieve and grow/realizes strengths and weaknesses |
| Recognizes Opportunity | Identifies problem/strives for solution |
| Manages Risk | Invests personal savings and time |
| Uses Resources | Recognizes people strengths |
| Small business | Create Value |
| Advantages of being an Entrepreneur | Reap all benefits/flexible/more control/fulfilling |
| Disadvantages of being an Entrepreneur | Lose security of constant paycheck/very long hours/Unpredictable/Total responsibility/Stressful/Great risk |