Developing and Launching Business Ideas

Developing and Launching Business Ideas

Assessment

Interactive Video

Business

6th - 10th Grade

Medium

Created by

Ethan Morris

Used 2+ times

FREE Resource

The video explores the nature of entrepreneurship, emphasizing that anyone can generate innovative ideas from passions, complaints, and egos. It highlights the importance of sharing ideas for feedback and understanding the problem at the root of an idea. Networking and seeking help from professionals are encouraged. The Business Model Canvas is introduced as a tool for planning and visualizing a business. The video concludes with a preview of the next topic on value propositions.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key reason for entrepreneurs to believe in their ideas?

To make a financial profit

To gain social media followers

To become famous

To take a financial risk and make it a reality

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the primary motivation behind the creation of Dropbox?

A need for better data security

Interest in starting a tech company

Frustration from forgetting a thumb drive

A desire to improve cloud storage technology

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What sparked the idea for Under Armour's creation?

A desire for stylish sportswear

Frustration with sweaty shirts

Interest in sports technology

The need for durable workout gear

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is NOT a source of innovative ideas according to the video?

Passions

Luck

Complaints

Egos

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the first step in nurturing a business idea according to the video?

Creating a business plan

Acknowledging you have an idea

Finding investors

Conducting market research

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is sharing your business idea important?

To protect it from being stolen

To gain feedback and improve the idea

To find investors

To create a marketing buzz

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What problem did Mary Cherry's Dream Puffs face?

High production costs

Lack of customer interest

Not considering multiple allergies

Poor location choice

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