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4 Ways to Prepare Yourself for Starting Up a Business




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4 Ways to Prepare Yourself for Starting Up a Business

 
 
 
 Listen to the video by Mario Peshev, CEO of Devrix - a Custom WordPress Development Agency, on the ways to get prepared to start up a business or be an entrepreneur. 
 
 1. Who has a lot of questions about entrepreneurship? 
 
 
2. According to Mario, are there any good universities to learn about entrepreneurship?
 
3. In a nutshell, what does starting a business require? (Choose the correct options.) 
a) a business degree   b) money   c) expertise   d) luck   e) connections   f) time 
 
4. True or False 
  
The first step is finding the money to start your business. 
Having capital to start your business isn't crucial.             
Bootstrapping a business means to fund it yourself.          
You will always get a paycheck from your business.           
You can test different concepts like advertising or marketing. 
The least popular way to earn capital is to get a job.        
 
5. Why is joining a startup business a good thing? 
 
 
6. What percentage of start ups fail? Over 
 
7. What can happen if you join a startup to late?
 
8. Does Mario think running a side business to your job is a good idea? Yes No 
 
9. How does Mario describe a "sandbox"?
 
10. Can a sandbox be a zero marketing venture? Yes No   
 
11. What can a sandbox teach you? (Tick all that apply.)
a) How to start a venture?   b) How to buy products?    
c) How to do competitive research?   d) Where to find clients?  e) Who's your target market? 
 
12. What is step number 4?