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Adobe Captivate

Naked Entrepreneur - Ariel Garten

Slide 1 - Slide 1

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The Naked Entrepreneur 408

Watch the video above then take the quiz by using the controls below.

Slide 2 - Naked Entrepreneur - Ariel Garten

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When Ariel Garten gave a quick 2 minute pitch about Muse what was she doing?

A) Getting customer validation

B) Giving an elevator pitch

C) Giving the long pitch for the company

D) Showing her passion for the product

The correct answer is: Giving an elevator pitch.

Slide 3 - Slide 3

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How did Ariel Garten show that she has a high internal locus of control?

A) She pushed through problems that arose

B) She took failure with stride and worked hard to come back from it

C) She believed that everything would happen because she would make it happen

D) She loved the product and didn’t view working as actual work

The correct answer is: She believed that everything would happen because she would make it happen.

Slide 4 - Slide 4

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According to Ariel what is the number one thing venture capitalists are really looking for in your company when they go to fund you?

A) The team

B) Revenue

C) Business Plan

D) Strong minimum viable product

The correct answer is: The team.

Slide 5 - Slide 5

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Why does Ariel compare a co-founding relationship to a marriage?

A) Because you work together to make each other better

B) Because you spend so much time together

C) Because you put everything on the line

D) Because the team is all that matters

The correct answer is: Because you work together to make each other better.

Slide 6 - Slide 6

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What was the best advice Ariel was given?

A) Let passion drive you

B) Work hard

C) Go get an education

D) Believe in yourself

The correct answer is: Believe in yourself.

Slide 7 - Slide 7

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Ariel believes that entrepreneurs are full of confidence and not full of ego.

A) True

B) False

The correct answer is: False.

Slide 8 - Slide 8

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At the start Ariel was concerned with everything and anything within the company, thus understanding and coming to face the true founders role in the beginning of a company's life cycle.

A) True

B) False

The correct answer is: True.

Slide 9 - Slide 9

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Ariel believes that crowdfunding through kickstarter is not customer validation.

A) True

B) False

The correct answer is: False.

Slide 10 - Slide 10

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Ariel Garten believes that investors want to see “skin in the game” for startups, which is better known as the founders inputting their own money into the startup to get it running.

A) True

B) False

The correct answer is: True.

Slide 11 - Slide 11

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Ariel believes that Series A funding is meant to help you scale the business and Series B funding is to help you get the product into hands of customers.

A) True

B) False

The correct answer is: False.

Slide 12 - Slide 12

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At the beginning Muse was an Indiegogo funded company. Throughout the discussion Ariel mentioned that the decisions to go to crowdfunding was actually that of her investors, not her company. Crowdfunding is widely known as a great way to get customer validation and money without ties.

Do you think there are companies and products that shouldn’t turn to crowdfunding to get money?

Why or why not?

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