5-20 Do You Have What It Takes to Be an Entrepreneur?

In this chapter, you learned that there are several personality traits common to successful entrepreneurs. Do you possess any of these traits? Using a search engine, find an entrepreneurial quiz that will help you determine if you have what it takes to be an entrepreneur. What aspects of your personality make you a good candidate to be an entrepreneur? What is holding you back?

5-21 Franchise Owner

You want to start a business but not from scratch. Go to Entrepreneur.com and research three franchise opportunities you would consider pursuing. Make sure these franchises are within your financial reach. Write up a brief summary of each franchise, noting the pros and cons of owning or operating each one.

5-22 Angel Investor for a Day

Congratulations! You just won the lottery! You are looking for some start-up businesses in which to invest some of your winnings. Go to Angel List (https://angel.co) and research the types of businesses that have received funding or are looking for funding. Pick three different businesses and discuss why you would or would not invest in them.

5-23 Build a Business with a Conscience

What does it take to create a socially conscious business? Play The New Heroes game on PBS to see if you have what it takes. Go to PBS.org and click on “The New Heroes” under the “Programs” link. To play the game, click “Engage.”

5-24 Small Business Owners: Where to Go for Help

If you were a new small business owner, where would you go for help? Many colleges have a small business development center (SBDC). These centers, which are affiliated with the SBA, provide information and guidance to current and prospective small business owners. Go to the SBA’s site and use the “SBDC Locator” link to identify the nearest SBDC in your area. Then research the services your area’s SBDC can provide.