Name: ____________________________________________________
5 Things You Must Do to Successfully Launch a Business
Graphic Organizer with Answers
1. According to Einas Ibrahim what is the biggest mistake that entrepreneurs make?
2. The article refers to venture capitalists. First, research the meaning and then provide a definition in
your own words.
3. Peter Drucker wrote that corporations only have two core functions? What are those two functions
and what are the other words used to describe them?
4. Mark Coopersmith says that when you are building a team, you should do what two things?
5. Margaux Guerard, co-founder and CMO of Memi, was quoted as saying “I always say it takes a
village to raise a startup.” In your own words, what is she trying to communicate?
6. What product did Baynard Winthrop decide to rethink and produce?
7. David Rush, co-founder and CEO, changed the name of his company from Evzdrop to what name
in October 2013? Why?
8. According to the article, what are the five steps to follow when creating your own successful
business?
Hann, Christopher. (2014). Entrepreneur.com website. Retrieved 17:12, Oct 06, 2014, from
http://www.entrepreneur.com/article/237448 .