Chapter 2: Your Potential as an Entrepreneur Flashcards

1
Q

Most entrepreneurs consider _______ as the biggest reward when owning a business.

A

being your own boss

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

______ is a good reason not everyone wants to be an entrepreneur.

A

Risk

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

______ includes the buildings, equipment, tools, and other goods needed to produce a product or the money used to buy these things.

A

Capital

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

A/An ____ is a person whose attitudes and achievements are those one wishes to emulate.

A

role model

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

People with more _____ are more likely to start a business.

A

education

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Successful _____ have the same characteristics as successful entrepreneurs.

A

competitors

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Entrepreneurs are doers opposed to ______.

A

spectators

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Entrepreneurs must be expert organizers and ______.

A

planners

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Entrepreneurs should have a basic understanding of how ____ works.

A

the economy

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

The typical successful entrepreneur fits a certain ______.

A

profile

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Develop your _______ characteristics by practicing and acting as though you have the traits you want to develop.

A

weak

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Entrepreneurs see many benefits in joining ______.

A

professional organizations

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

A/An _________ is a person with a record of successes.

A

achiever

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

You can strengthen your entrepreneurial characteristics by reading, writing, observing, and ____.

A

solving

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Obtaining employment in a similar or related business is a good way to develop ________.

A

technical skills

How well did you know this?
1
Not at all
2
3
4
5
Perfectly