True or false: An entrepreneur is the same as an employee
True
False
True or false: The entrepreneur gets paid before the employees
True
False
Entrepreneurship is riskier than being an employee
True
False
According to Dr Boyce, the biggest benefit to being an entrepreneur is________________
You are your own boss
You get to make lots of money
You get lots of cookies
There is extra risk
According to Dr Boyce, where do most business owners get their money?
From their mothers
By stealing it
From their customers
From a paycheck
What is a profit?
A person in the bible
A type of business you start
The amount of money that the business owner receives after all expenses are paid
A way to get new customers
True or false: You must be at least 18 years old to start a business
True
False
When you own a business, who do you pay taxes to?
Your parents
The Tax Collection Authority
The Tax Revenue Service (TRS)
The Internal Revenue Service (IRS)
True or false: Wealthy people tend to have a strategy
True
False
What is one habit that wealthy people have that regular people do not?
Wealthy people buy more clothes
Wealthy people have more kids
Wealthy people eat more food
Wealthy people take more calculated risk
According to Dr Boyce, how long should an elevator pitch last?
60 to 90 seconds
As long as the elevator ride
As long as you want it to last
20 seconds
What should NOT be included in your elevator pitch?
Who you are
What your business does
Who you serve
How much money you make
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