Friday, October 15th, 2010 at
2:46 pm
1. A great business idea is
A. all you need to succeed.
B. something that comes along once in a lifetime.
C. an idea that no one else has ever thought of.
D. the beginning of a great business.
2. What percentage of new businesses fail in the first year?
A. 25 percent C. 60 percent
B. 40 percent D. 75 percent
3. The price for predictability is often
A. stress and insecurity.
B. long hours.
C. increased self-confidence.
D. long-term boredom.
4. The best way to avoid cash flow problems is
A. regular saving. C. borrowing less.
B. constant marketing. D. downsizing.
5. What is one of the advantages of buying an existing business?
A. Its track record lets you know what to expect.
B. You can get it at a bargain price.
C. The previous owner will help fund the business.
D. You don’t need to do any more advertising.
6. One of the unexpected drawbacks of starting your own business is
A. loneliness. C. boredom.
B. free time. D. lack of purpose.
7. Which of the following is an example of a franchise?
A. Branson, Manson & Hanson law office C. Main St. Car Wash
B. Radio Shack D. Sam’s Club
8. Which of the following is an essential part of being an entrepreneur?
A. Being friendly C. Taking risks
B. Having a lot of money D. Being an expert in your field
9. One of the main disadvantages of buying a franchise is that you may end up
A. feeling like an employee.
B. paying too much for operating costs.
C. choosing a poor location.
D. hiring a large staff.
10. The freedom of working for yourself is necessarily limited by
A. the needs of your family and friends.
B. your own skills and abilities.
C. what your manager tells you to do.
D. your local competitors.
11. Typically, entrepreneurs don’t like to be told what to do because
A. they’re stubborn by nature.
B. it takes a big ego to run a business.
C. they have so many ideas of their own.
D. they have problems with authority figures.
4. The best way to avoid cash flow problems is
A. regular saving. C. borrowing less.
B. constant marketing. D. downsizing.
5. What is one of the advantages of buying an existing business?
A. Its track record lets you know what to expect.
B. You can get it at a bargain price.
C. The previous owner will help fund the business.
D. You don’t need to do any more advertising.
6. One of the unexpected drawbacks of starting your own business is
A. loneliness. C. boredom.
B. free time. D. lack of purpose.
7. Which of the following is an example of a franchise?
A. Branson, Manson & Hanson law office C. Main St. Car Wash
B. Radio Shack D. Sam’s Club
8. Which of the following is an essential part of being an entrepreneur?
A. Being friendly C. Taking risks
B. Having a lot of money D. Being an expert in your field
9. One of the main disadvantages of buying a franchise is that you may end up
A. feeling like an employee.
B. paying too much for operating costs.
C. choosing a poor location.
D. hiring a large staff.
10. The freedom of working for yourself is necessarily limited by
A. the needs of your family and friends.
B. your own skills and abilities.
C. what your manager tells you to do.
D. your local competitors.
11. Typically, entrepreneurs don’t like to be told what to do because
A. they’re stubborn by nature.
B. it takes a big ego to run a business.
C. they have so many ideas of their own.
D. they have problems with authority figures.
Thursday, October 7th, 2010 at
2:51 pm
What do you think about these…?
What makes a successful entrepreneur?
What types of businesses and social enterprises are most likely to succeed?
What support can be given to young people starting out?
What skills are needed and how can these be encouraged and developed?
Sunday, October 3rd, 2010 at
2:51 pm
Well guys…
From about 18-21 I obtained a few different credit cards (3-5). In my young stupidity I ran these cards up and could not pay them off. Last year, I saved up about $5,000 and contacted all of the collection agencies that had been writing me letters. I settled on all of the cards for the price they were asking. I should’ve paid the entire amount but I didn’t have the cash and was under the impression that paying the requested amount from the collection agencies was the same as paying off the card entirely.
Here I am now, 23 years old and wanting to buy a house in the next 2 years. I currently have 3 credit cards that I pay on time every month in an attempt to rebuild my credit score. I also have a student loan that’s in good standing. However, I have about 5 negative accounts on my credit report from the cards I had when I was young and closed. I am DESPERATE to repair my credit and am willing to take any steps I can but I just don’t have many resources. I have written letters to all of the companies on my credit report kindly asking them to remove the negative accounts but my requests were all denied. I Google’d “credit repair services” but it seems that everything I find is expensive, illegal or both.
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Sunday, October 3rd, 2010 at
2:48 pm
We are going to discuss some of the things you need to thrive and succeed in this internet marketing business revolution we are today. As you can see, I have compiled 3 components and brilliant ideas here that will help you to always stay afloat and remain competitive into the future. Now, let’s start from here…
1. Commitment. This is one of the first and most important qualities a man need to develop both in business and personal life. I know sometime it feel like giving up from one business journey to another. But with a strong commitment you will always have determination and enthusiasm to go through some tough days ahead.
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Friday, October 1st, 2010 at
2:49 pm
We own 10 vending machines. The machines contain chips, candy, soda, water, etc? Just starting out, good opportunity but want to make sure I am doing things the right way. Thanks
Wednesday, September 29th, 2010 at
12:28 pm
Computer savvy, Sous-Chef who doesn’t have time to get a part time job because I also take care of my Mother with Cancer, so I was wondering if a part time computer job of some sort could help? All suggestions, opinions and opportunities are welcome! Thanks for your time, answers and Merry Christmas to you and your families!
Tuesday, September 21st, 2010 at
12:22 pm
How do you get the best out of your business life? Is it having endless calls of requests from your consumers? Is it being named as the highest business grosser of the month? Or is it having featured in a business magazine as a man to beat in the industry? A lot could define success. But very ever achieve it if they are not guided by sure ball techniques on being successful. Read on and carry on these roadblocks to eternal success in whatever business you are inclined to.
Tips for preparing, managing and succeeding in business:
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Friday, September 17th, 2010 at
2:51 pm
5. Which of these must a nation have in order for industrialization to occur?
(Points: 3)
entrepreneurs with great commercial vision
lots of apartments to accommodate workers
pensions and insurance for workers
arable land for agriculture
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Friday, September 17th, 2010 at
2:50 pm
Economics Quiz! pls help?
1.Which of the following best describes the term economics?
a .A study of government’s role in the monetary affairs of a country.
b. A study of how traditional economies can succeed through adopting new strategies.
c. A study of peoples’ interaction with their government and fellow citizens
d. A study of how people try to satisfy what appears to be seeming unlimited and competing wants through the careful use of relatively scarce resources.
2.Which of the following best describes an economic product?
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