Mini-Quiz: Deciding to Start Your Own Business

1. Why would a person out of work try to start a business?

   The need for money and opportunity to pursue a dreamThat is correct. You are getting ready to make a decision. Because he is too incompetent to get a real jobGood try, but not right. Select another answer. To show former employer they made a mistakeSorry, not correct. Try another button.

2. What would influence you to turn your hobby into a business?

   You can't afford to pursue the activity as a hobby anymoreOops! Wrong answer. Re-read the question and try again. Federal requirements say you can have a hobby for only five yearsSorry, not correct. Try another button. You see others who have turned the same hobby into businessesCorrect. You know about businesses.

3. What would influence you not to pursue an idea as a business?

   Your neighbor tells you it is a bad idea in this economyOops! Wrong answer. Re-read the question and try again. You see that startup costs are too high for the return on investmentThat is correct. You are getting ready to make a decision. You fear your idea is not originalGood try, but not right. Select another answer.

Pick an answer to see instant feedback. Re-read the lesson if you miss one.