Lesson 11: Avoiding Common Mistakes

What You’ll Learn: Failure is a natural pathway to success and is inevitable as you strike out on your own as an entrepreneur and small business owner. Bold ideas are, after all, risky. This module walks you through the life lessons of someone who has been in your shows and shows you how to avoid some of the setbacks and struggles along the way.

Avoiding Common Mistakes Quiz


Lesson 11: Avoiding Common Mistakes

Others have made mistakes before you, some of them classic errors. Test your knowledge of these mistakes and how to avoid them.

1 / 10

Good ideas require an entrepreneur to:

2 / 10

Failure to start or grow your business may be the result of:

3 / 10

With business technologies changing, entrepreneurs will have to:

4 / 10

Money taken from investors can be used only for:

5 / 10

All of your inventory should be purchased:

6 / 10

The most important part of teamwork and collaboration is:

7 / 10

Market it and sell it is:

8 / 10

According to Leigh, starting a business means...

9 / 10

An essential ingredient for a successful startup business is:

10 / 10

If your startup has more than one shareholder/investor, then it's important to:

Your score is

The average score is 70%