Quiz Page 55 of 99 (PART TWO)

1. Which two factors are driving modern entrepreneurs to facilitate the continuous development of business creativity?

2. How can trial and error have a positive impact on the execution of an innovative idea?

3. In order to stay motivated and driven toward achieving their business goals, an entrepreneur needs only to have strong willpower.

4. What is required for entrepreneurs to maintain the power of their creativity?

5. The more expansive your concept, the bigger your source of inspiration will need to be. For example, Elon Musk’s idea to create SpaceX, a private space exploration company, was inspired by his belief that humanity should become a multi-planetary species to ensure its survival in the long term, and his frustration with the slow progress of the traditional space industry. This idea required a significant source of inspiration to overcome the enormous technical and financial challenges of building a viable private space company.

6. How did humankind’s need to record emotions, facts, and opinions (in other words, the human experience), lead to the creation of a disruptive innovation?

7. When it comes to profitable solutions, creative thinking only succeeds in the presence of positive emotional experiences, as the development of the Nando’s food chain shows.

8. Why should “generating a profit” not be a primary goal at the start of the conceptual stage of a business model?

9. Resilience in business is…

10. Courage, as defined in an entrepreneurial context, involves a strong dedication to your vision and core values. You will do whatever needs to be done in order to get this vision off the ground. You will persevere and press forward despite the innumerable obstacles that may stand in the way of your business goals.