Last updated on 7/31/20
- Describe the basic process of beginning a new venture
- Understand the common obstacles for entrepreneurs and startups
- Understand the nature of an entrepreneur
Among the following list, which statement less applies to the entrepreneur, as he/she is described in the lecture?
The entrepreneur is an explorer
The entrepreneur is a fast learner
The entrepreneur likes gambling
The entrepreneur is persistent
The entrepreneur has the guts to challenge common wisdom
The entrepreneur believes he can be right against the entire world
Why the statement “driving in the dark” applies to an early stage startup?
Because it’s a race
Because only the entrepreneur, as the driver, has the vision
Because it is an exploration journey, where you never know if, when and where it will become successful
Because it is a long process
Because your project is always questioned by others who don’t understand
What is the main reason for startup failure?
Inability to raise enough resource
Change in the environment (legislation, etc.)
Market (customers don’t buy or competition)