Thinking of the video- AirBnB, what lessons can you apply to your understanding of entrepreneurship?  How is their ability to understand key elements of their market segment ensure success for their business? 

1. Adjust their Focus, what lessons can you apply to your understanding of entrepreneurship?

2.  Think of how this skill is helpful in your business enterprise and how will it impact your decision-making?

Now that you have learned about entrepreneurship, think about the business that you want to start. Once you have thought about the business that you want to start, please answer the questions below. Please make sure the word count is between 250-500 words. 

1 What, exactly, is your business idea? Is it feasible?

2 What industry do you want to enter? Why? 

3 What will be your competitive advantage?

4 Do you want to start a new business, buy an existing one, or buy a franchise? Why? 

5 What form of business organization do you want? Why? 

6 Do you have what it takes to be a successful Entrepreneur? Why?