Startup Survival Quiz 🔥
Authored by Wangui Mbatia
Instructional Technology
University
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What's the first thing you should do when a billion-dollar startup idea pops into your head?
Build an app overnight
Ask people if they even want it
Call your cousin to register the business
Panic, then hire a CFO
Answer explanation
Conduct market research because if nobody wants it, you’ve just built a beautifully useless thing.🎯
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What's an MVP (Minimum Viable Product) in startup land (and no, it's not LeBron)?
A product with full features
Just enough features to test
Something ready for Shark Tank
A product with zero cost
Answer explanation
A Minimum Viable Product (MVP) is product with just enough features to test with early users.
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The mindset that'll keep your startup alive when things go wrong is...
"Perfect or nothing" energy
Let me avoid risk like taxes
Growth is the only way up!
If I ignore it, maybe it'll fix itself
Answer explanation
A growth mindset is needed to power through difficulties.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The biggest reason startups fail before year two is?
Poor branding
Lack of funding
Nobody actually wanted the thing
A Weak team (vibes & vibes only)
Answer explanation
No market need. Solve real problems or get ghosted by the market. 👻
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What makes a brand stick in your brain?
A complex logo
Emotional resonance
Expensive marketing
Slogans longer than a TED Talk
Answer explanation
Emotional resonance 🧠💛
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Cash flow is basically:
Total assets owned
Money flowing in/out of your biz
Profit after tax
How much stock you're sitting on
Answer explanation
cash in, cash out = rhythm of survival 🎵
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If you want to see how profitable you are, look at your:
Balance sheet
Income statement
Cash flow chart
TikTok analytics
Answer explanation
Income statement - it's where the profit is at ☕
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