Your Business Breakthrough - Part One - Quiz

What is the meaning of your "why" ?
It means I have to decide "why" I am doing this course
It means I have to decide "why" I am in this business
It means that I have to decide "why" I need to eat healthier
Your vision should be:
Strong
Clear
Realistic
Vague
Grand
How do you develop high-level goals?
 
 
 
What is validation?
Validation is the process of validating with my accountant whether I have enough money to run the business
Validation is the process of validating with my product designer if the product design is good enough
Validation is the process of validating with potential customers if they are interested in my product or not
What are the four steps in the validation process?
Identify problem - identify solution - sell solution - solve problem
Identify solution - create problem - create customers - sell solution
Identify problem - identify solution - validate problem and solution - use feedback
Why is it important to access your risks?
So that I can plan how to act when the risks apper
So that I can plan to avoid all the risks
So that I can prepare to exit the business before risks appear
Which of the following statements represents the "pros" of running your own business?
You are in control
You can plan your own work/life routine
You will get rich fast
You will never have to worry about the business outside office hours
You can work remotely
You can feel that you contribute to the society
What is a business plan?
A plan developed by my accountant on how to finance my business and pay for my resources
A plan developed by me and my HR manager on how to manage my staff and get them motivated
A plan developed by me on the business goals, reasons they are attainable, and plans for reaching them
A plan developed by me on how to market my product and how to use social media to sell them
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