BYU ENT 101 Final EXAM QUESTIONS
AND VERIFIED CORRECT ANSWERS
GRADED A+ [LATEST 2026-2027] 100%
GUARANTEED PASS
What the the two fundamental risks you face when you're innovating? - CORRECT ANSWER-
Technology (can we make it) and Market (will customers buy it)
Why do 90% of businesses fail? - CORRECT ANSWER-They can't get anyone to buy it, they don't
validate.
Who validates a product? - CORRECT ANSWER-CUSTOMERS
____________ are responsible for thinking in new ways to solve customer problems - CORRECT
ANSWER-Entrepreneurs
Why is it important to get outside of the building or your circle of friends when you're
validating? - CORRECT ANSWER-You become absolutely convinced we understand the outside
world when in fact we do not.
T/F It is not vital to get in front of potential buyers. - CORRECT ANSWER-FALSE
________ teams generally outperform larger teams - CORRECT ANSWER-Smaller
, 3 different types of customers - CORRECT ANSWER-1. End user
2. Technical customer
3. Economic customer
What test will help you realize if you nailed the pain? - CORRECT ANSWER-Hassle test
How can you test your pain and the big idea hypothesis? - CORRECT ANSWER-Find customer
sample, cold call/email, or capture/measure results.
What is an elevator pitch and how long should it be? - CORRECT ANSWER-Explaining your idea
in 30 seconds.
Entrepreneur's big ideas fall into 2 categories. What are they? - CORRECT ANSWER-1.
Breakthrough ideas
2. Better, Faster, Cheaper
T/F: You're not the only one that has come up with a good idea. - CORRECT ANSWER-TRUE
"If you don't build your dream, someone else will hire you to build their dream." - CORRECT
ANSWER-.
T/F: More capital for a startup can increase failure rather than increase success. - CORRECT
ANSWER-TRUE
You should NOT ask a customer what they want most to fix a problem. - CORRECT ANSWER-.
T/F: It is much harder to compete and succeed in growing markets. - CORRECT ANSWER-FALSE
AND VERIFIED CORRECT ANSWERS
GRADED A+ [LATEST 2026-2027] 100%
GUARANTEED PASS
What the the two fundamental risks you face when you're innovating? - CORRECT ANSWER-
Technology (can we make it) and Market (will customers buy it)
Why do 90% of businesses fail? - CORRECT ANSWER-They can't get anyone to buy it, they don't
validate.
Who validates a product? - CORRECT ANSWER-CUSTOMERS
____________ are responsible for thinking in new ways to solve customer problems - CORRECT
ANSWER-Entrepreneurs
Why is it important to get outside of the building or your circle of friends when you're
validating? - CORRECT ANSWER-You become absolutely convinced we understand the outside
world when in fact we do not.
T/F It is not vital to get in front of potential buyers. - CORRECT ANSWER-FALSE
________ teams generally outperform larger teams - CORRECT ANSWER-Smaller
, 3 different types of customers - CORRECT ANSWER-1. End user
2. Technical customer
3. Economic customer
What test will help you realize if you nailed the pain? - CORRECT ANSWER-Hassle test
How can you test your pain and the big idea hypothesis? - CORRECT ANSWER-Find customer
sample, cold call/email, or capture/measure results.
What is an elevator pitch and how long should it be? - CORRECT ANSWER-Explaining your idea
in 30 seconds.
Entrepreneur's big ideas fall into 2 categories. What are they? - CORRECT ANSWER-1.
Breakthrough ideas
2. Better, Faster, Cheaper
T/F: You're not the only one that has come up with a good idea. - CORRECT ANSWER-TRUE
"If you don't build your dream, someone else will hire you to build their dream." - CORRECT
ANSWER-.
T/F: More capital for a startup can increase failure rather than increase success. - CORRECT
ANSWER-TRUE
You should NOT ask a customer what they want most to fix a problem. - CORRECT ANSWER-.
T/F: It is much harder to compete and succeed in growing markets. - CORRECT ANSWER-FALSE
