List of Topics

SfC Home > Business > Entrepreneurship >


Mini-Quiz: Be First or Be Better When Starting Your Business

by Ron Kurtus (19 September 2015)

Take this Mini-Quiz to check your understanding of the

1. Do all first products take a long time to be successful?

Yes, as indicated by the time it took Amazon to earn a profit

There are no statistics to indicate one way or another

No, since the Gillette safety razor was almost immediately successful

2. When might providing a better service than others not result in success?

A new company with a better service will always come out on top

If the market is too crowded to make a profit

When you advertise on television

3. What is needed for a new type of product to be successful?

There must be a pent-up demand for such a product

Nothing new can succeed these days

It should be priced close to being free

If you got all three correct, you are on your way to becoming a Champion Entrepreneur. If you had problems, you had better look over the material again.

Be unique and better

Resources and references

Ron Kurtus' Credentials


Entrepreneur Resources


(Notice: The School for Champions may earn commissions from book purchases)

Top-rated books on Starting a Business

Top-rated books on being an Entrepreneur

Share this page

Click on a button to bookmark or share this page through Twitter, Facebook, email, or other services:


Students and researchers

The Web address of this page is:

Please include it as a link on your website or as a reference in your report, document, or thesis.

Copyright © Restrictions

Where are you now?

School for Champions

Entrepreneurship topics

Mini-Quiz: Be First or Be Better When Starting Your Business

Entrepreneur topics


Getting started

Case studies

Also see

Let's make the world a better place

Be the best that you can be.

Use your knowledge and skills to help others succeed.

Don't be wasteful; protect our environment.

You CAN influence the world.

Live Your Life as a Champion:

Take care of your health

Seek knowledge and gain skills

Do excellent work

Be valuable to others

Have utmost character

Be a Champion!

The School for Champions helps you become the type of person who can be called a Champion.