ENT 101 FINAL CORBIN CHURCH EXAM
WITH CORRECT QUESTIONS AND
ANSWERS 2025
3 myths of entrepreneurship - CORRECT-ANSWERS1. PROCESS MYTH (The idea that a typical
process of launching a business is simple and bullet proof)
2. HERO MYTH (Believing too much in your product can lead to failure)
3. MONEY MYTH (You need to have a large amount of $ to get started)
5 Phases Nail it Then Scale It - CORRECT-ANSWERS1. Nail the Pain
2. Nail the Solution
3. Nail the Go-to-Market strategy
4. Nail the Business Model
5. Scale it
What's essential for making a sustainable company? - CORRECT-ANSWERSPutting heart into it,
Understanding innovation process, Validating with potential users
, Business model canvas - CORRECT-ANSWERSa diagram of how a company creates value for
itself and its customers
Why do 90% of businesses fail - CORRECT-ANSWERScouldn't get anyone to buy it / they didn't
build what the customers wanted.
What are the role of customers vs role of entrepreneurs - CORRECT-ANSWERScustomers
validate, entrepreneurs innovate
Three types of customers - CORRECT-ANSWERS1. end user customers (the person uses the
product or manages the people who use it)
2. technical customers (IT person who installs or maintains the product)
3. economic customers (the person who makes the ultimate purchase decision)
Why should we get outside of the building??? - CORRECT-ANSWERSwe are convinced we
understand when we actually don’t
Questions to ask when validating a pain?? - CORRECT-ANSWERS1. Is this a pain you experience?
WITH CORRECT QUESTIONS AND
ANSWERS 2025
3 myths of entrepreneurship - CORRECT-ANSWERS1. PROCESS MYTH (The idea that a typical
process of launching a business is simple and bullet proof)
2. HERO MYTH (Believing too much in your product can lead to failure)
3. MONEY MYTH (You need to have a large amount of $ to get started)
5 Phases Nail it Then Scale It - CORRECT-ANSWERS1. Nail the Pain
2. Nail the Solution
3. Nail the Go-to-Market strategy
4. Nail the Business Model
5. Scale it
What's essential for making a sustainable company? - CORRECT-ANSWERSPutting heart into it,
Understanding innovation process, Validating with potential users
, Business model canvas - CORRECT-ANSWERSa diagram of how a company creates value for
itself and its customers
Why do 90% of businesses fail - CORRECT-ANSWERScouldn't get anyone to buy it / they didn't
build what the customers wanted.
What are the role of customers vs role of entrepreneurs - CORRECT-ANSWERScustomers
validate, entrepreneurs innovate
Three types of customers - CORRECT-ANSWERS1. end user customers (the person uses the
product or manages the people who use it)
2. technical customers (IT person who installs or maintains the product)
3. economic customers (the person who makes the ultimate purchase decision)
Why should we get outside of the building??? - CORRECT-ANSWERSwe are convinced we
understand when we actually don’t
Questions to ask when validating a pain?? - CORRECT-ANSWERS1. Is this a pain you experience?
