Exam (elaborations)

ENT 101 FINAL EXAM WITH CORRECT QUESTIONS AND ANSWERS 2025

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ENT 101 FINAL EXAM WITH CORRECT QUESTIONS AND ANSWERS 2025

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ENT 101

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ENT 101

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ENT 101 FINAL EXAM WITH CORRECT
QUESTIONS AND ANSWERS 2025

5 Phases of the Nail it then Scale It Process - CORRECT-ANSWERS1. Nail the Pain

2. Nail the Solution

3. Nail the Go-to-Market Strategy

4. Nail the Business Model

5. Scale It

Myths of Entrepreneurship - CORRECT-ANSWERS1. The Process Myth

2. The Hero Myth

3. The Money Myth

The Process Myth - CORRECT-ANSWERSThe conventional, "build it and then sell it" process

doesn't work because entrepreneurs start out with a guess

, The Hero Myth - CORRECT-ANSWERSQualities that are heralded as traits of the successful

may lead to your startup's demise

The Money Myth - CORRECT-ANSWERSMore money isn't necessarily better

Failures - CORRECT-ANSWERS• Tackle wrong tasks

• Do things in wrong order

• Fall prey to own strengths

• Follow conventional wisdom

• More capital can increase failure

• Is okay if you Fail Fast, and Fail Cheap

• Why do 90% of businesses fail - Couldn't get anyone to buy it

Customers do what in entrepreneurism - CORRECT-ANSWERSValidate a Product

Types of Customers - CORRECT-ANSWERS1. End-User Customers

2. Technical Customers

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Institution: ENT 101
Course: ENT 101

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Uploaded on: September 8, 2025
Number of pages: 7
Written in: 2025/2026
Type: Exam (elaborations)
Contains: Questions & answers

Subjects

ent 101 final exam with correct questions and ans
5 phases of the nail it then scale it process co
myths of entrepreneurship correct answers1 the
the process myth correct answersthe conventiona

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ENT 101 FINAL EXAM WITH CORRECT QUESTIONS AND ANSWERS 2025

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