BRAINSCAPE1
ENT 101 Exam with complete
solutions latest version
PHASES OF THE NISI PROCESS - CORRECT ANSWER-Nail Pain
Nail Solution
Nail Go to Market Strategy
Nail Business Model
Scale it
TRADITIONAL PROCESS METHOD - CORRECT ANSWER-Entrepreneur has Idea
Discuss with friends/Raise money
Find location
Build product
Test Product
Perfect it
Sell It
Myths of Entrepreneurship - CORRECT ANSWER-The Process Myth
The Hero Myth
The Money Myth
THE PROCESS MYTH - CORRECT ANSWER-IDEA, PRODUCT, TEAM, TEST, SELL
THE HERO MYTH - CORRECT ANSWER-•BELIEVING IN YOUR PRODUCT LEADS
TO FAILURE
THE MONEY MYTH - CORRECT ANSWER-YOU NEED TO HAVE A LARGE SUM OF
MONEY TO GET STARTED.
REASONS WHY ENTREPRENEURS FAIL - CORRECT ANSWER-•TACKLE WRONG
TASKS
•DO THINGS IN WRONG ORDER
•FALL PREY TO OWN STRENGTHS
•FOLLOW CONVENTIONAL WISDOM
•MORE CAPITAL CAN INCREASE FAILURE
BRAINSCAPE1
ENT 101 Exam with complete
solutions latest version
PHASES OF THE NISI PROCESS - CORRECT ANSWER-Nail Pain
Nail Solution
Nail Go to Market Strategy
Nail Business Model
Scale it
TRADITIONAL PROCESS METHOD - CORRECT ANSWER-Entrepreneur has Idea
Discuss with friends/Raise money
Find location
Build product
Test Product
Perfect it
Sell It
Myths of Entrepreneurship - CORRECT ANSWER-The Process Myth
The Hero Myth
The Money Myth
THE PROCESS MYTH - CORRECT ANSWER-IDEA, PRODUCT, TEAM, TEST, SELL
THE HERO MYTH - CORRECT ANSWER-•BELIEVING IN YOUR PRODUCT LEADS
TO FAILURE
THE MONEY MYTH - CORRECT ANSWER-YOU NEED TO HAVE A LARGE SUM OF
MONEY TO GET STARTED.
REASONS WHY ENTREPRENEURS FAIL - CORRECT ANSWER-•TACKLE WRONG
TASKS
•DO THINGS IN WRONG ORDER
•FALL PREY TO OWN STRENGTHS
•FOLLOW CONVENTIONAL WISDOM
•MORE CAPITAL CAN INCREASE FAILURE
BRAINSCAPE1
