Starting and running a business.

What is one thing you learned from the video that you didn’t already know about owning a small business?
Would you still want to start a small business? What motivates you or turns you off to owning your own business?
Fill-ins:

Entrepreneurship – Accepting the ___ of starting and running a business.

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Not everyone will share your ____________.

Why do people become entrepreneurs? __ vs. __

Many reasons become entrepreneurs are to live the American dream – doing something they are ________ about, and/or the __________ of being their own boss.

__________ prepared me to own my own business.

Some personality traits of being an entrepreneur include:

Some types of entrepreneurships are:

__________ __________ 3. _________
The importance of small businesses:

Over _ million in the US. Create __% of new jobs.

Get at least _ years of experiences, preferably working for a small business (comparable to the one you want to start).

Need to know two things: How to run a ___ and how to run _ small business.

___________ is one of the primary reasons businesses fail.

If you _ to plan, you __ to fail.

Know your _ and your ___, which is critical to your success.

When times are tight, you don’t ___ people something you can do yourself.

Sample Solution

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