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Ent 101 Corbin Church Final Actual Updated Questions And Correct Answers

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ENT 101 Corbin Church Final ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS

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ENT 101 Corbin Church Final ACTUAL UPDATED QUESTIONS AND CORRECT
ANSWERS

1. What are the three myths of entrepreneurship? 1. process myth - Idea, product, team, test, sell
2. hero myth - Believing in your product leads to failure
3. money myth - You need to have large sum of money to get started


What is the fundamental attribution error? People attribute far more success and failure to the individual than deserved


Traditional ENT Model 1. Entrepreneur has idea
2. Discuss w/ friends /raises money
3. find location, build product
4. test product, perfect it
5. Sell it




What are the 5 phases of the Nail It Process? 1. Nail the Pain
2. Nail the Solution
3. Nail Go to Market
4. Nail the Business Model
5. Scale it

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