Tuesday, January 8, 2008

Just Read: What is the most common reason why people start a new business?

Link: http://yalepress.yale.edu/yupbooks/entrepreneurshipquiz.asp
Via: http://blog.guykawasaki.com/2008/01/take-the-entrep.html

Please try to take the test first, before reading the answer below. Assume you didn't see it. :)

4. What is the most common reason why people start a new business?

Answer: Because they don't want to work for someone else

11. What percentage of software firms founded annually achieve more than $50 million in sales by the time that they are five years old?

Answer:
0.4 percent

I scored 50%! :) Guess i need to buy the book (some questions are hard to think/guess, since i'm not aware of the US small business economy).

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