Entrep lesson 4

Question 1

AN ENTREPRENEUR IS/A

Answer 1

• STARTER
• DRIVER
• ACCOUNTABLE AND RESPONSIBLE
• MORE THAN FINANCIAL GAINS

Question 2

An entrepreneur is an initiator, a
challenger and a driver [ MOTIVATOR]

Answer 2

starter

Question 3

Someone that creates something new,
one that decides to make that idea a reality.

Answer 3

starter

Question 4

The entrepreneur is the person in
charge.
He or she is the one that pushes
forward and inspires a team to follow.
The entrepreneur is the one that sits in
the driver’s seat,

Answer 4

DRIVER

Question 5

▪The entrepreneur is the ultimate
responsible for the destiny of its
venture, which can be a company, a
project, or any other endeavor.
▪Highest stakes at the venture,
▪Not directly related to having an equity stake

Answer 5

ACCOUNTABLE AND RESPONSIBLE

Question 6

measures the amount of money that would be
returned to shareholders if the business liquidated its
assets and paid off its liabilities.

Answer 6

Equity

Question 7

when the entrepreneur
has equity in the company, he or she is
exposed to the financial upsides and
downturns.

Answer 7

MORE THAN FINANCIAL GAINS

Question 8

• An entrepreneurial approach is
  not only more agile and
  dynamic, but also results in a
  more lean operation.
• By providing a strong level of
  staff empowerment,

Answer 8

true

Question 9

An entrepreneur possesses an
interior fuel and stamina that drives his or
her actions;

Answer 9

PASSION IS THE REAL DRIVE

Question 10

Anyone can be an entrepreneur
and behave like one- regardless
of whether or not they happen to
be an equity holder.

Answer 10

true