Entrepreneurship: 6-5 Pitfalls of Becoming an Entrepreneur
Quiz
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Other
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11th Grade
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Medium
Steve Wills
Used 6+ times
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6 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does Lori Greiner mean when she says, 'Entrepreneurs are willing to work 80 hours a week to avoid working 40 hours a week'?
Entrepreneurs prefer to work longer hours to avoid having a fixed schedule
Entrepreneurs are willing to work more hours to achieve greater rewards
Entrepreneurs work fewer hours to avoid burnout and stress
Entrepreneurs work longer hours to avoid hiring additional employees
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the challenges faced by entrepreneurs?
Lack of accountability for their actions
Limited decision-making power
Feeling overwhelmed by the responsibility
Lack of financial resources
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a personal toll of being an entrepreneur?
Having a stable work-life balance
Enjoying regular vacations
Experiencing emotional and physical drain
Receiving consistent paychecks
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why should entrepreneurs ensure that their business is a true passion?
To attract more investors
To have a stable source of income
To gain support from family and friends
To avoid financial pressures
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common financial challenge faced by entrepreneurs?
Receiving irregular paychecks
Having a steady income from the start
Avoiding the fear of losing invested money
Experiencing financial stability
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a recommended way to handle the challenges of entrepreneurship?
Avoid networking and human connections
Work independently without any partners
Join an online entrepreneurial community
Ignore the personal and professional rewards
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