Your Business Breakthrough - Part One - Quiz

What is the meaning of your "why" ?

It means I have to decide "why" I am doing this course

It means I have to decide "why" I am in this business

It means that I have to decide "why" I need to eat healthier

What is validation?

Validation is the process of validating with my accountant whether I have enough money to run the business

Validation is the process of validating with my product designer if the product design is good enough

Validation is the process of validating with potential customers if they are interested in my product or not

What are the four steps in the validation process?

Identify problem - identify solution - sell solution - solve problem

Identify solution - create problem - create customers - sell solution

Identify problem - identify solution - validate problem and solution - use feedback

Why is it important to access your risks?

So that I can plan how to act when the risks apper

So that I can plan to avoid all the risks

So that I can prepare to exit the business before risks appear

Which of the following statements represents the "pros" of running your own business?

You are in control

You can plan your own work/life routine

You will get rich fast

You will never have to worry about the business outside office hours

You can work remotely

You can feel that you contribute to the society

What is a business plan?

A plan developed by my accountant on how to finance my business and pay for my resources

A plan developed by me and my HR manager on how to manage my staff and get them motivated

A plan developed by me on the business goals, reasons they are attainable, and plans for reaching them

A plan developed by me on how to market my product and how to use social media to sell them

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