Question $2(2$ points$)$

Saved

In the "Secrets" transcript Peter Thiel describes the most interesting secrets as those that intersect human secrets and natural secrets$.$

Question $2$ options:

True

False

Question $3(2$ points$)$

Saved

In the "Secrets" transcript Peter Thiel describes the subject of "power laws" in finance as being a secret because investors have to hide that a given investment will provide average returns very similar to others in their portfolio.

Question $3$ options:

True

False

Question $4(2$ points$)$

Saved

In entrepreneurship the only way to get results is to $\_\_\_\_\_\_.$

Question $4$ options:

think deeply

plan obsessively

take action

avoid risk

Question $5(1$ point$)$

Saved

The entrepreneurial mindset can be learned.

Question $5$ options:

True

False

Question $6(2$ points$)$

Saved

Entrepreneurship is best taught as a linear process that will lead to a specific destination.

Question $6$ options:

True

False

Question $7(2$ points$)$

Saved

Paul Graham believes that the best startup ideas should seem obvious to you, even though they don't exist yet.

Question $7$ options:

True

False

Question $8(2$ points$)$

Saved

When conducting Customer Discovery interviews the most powerful questions to ask are those in which the customer can provide you feedback on a hypothetical future state using your proposed product or service.

Question $8$ options:

True

False

Question $9(2$ points$)$

Saved

Google is a great source of primary research data and information.

Question $9$ options:

True

False

Question $10(2$ points$)$

Saved

Multi$-$sided customer markets are unique in that they require a company to sell to$,$ and service, two distinct customer bases in order to create value for either.

Question $10$ options:

True

False

Question $11(2$ points$)$

Saved

The majority of new ventures created in the United States are based on the development of new proprietary technologies.

Question $11$ options:

True

False

Question $12(2$ points$)$

Saved

In "How to Get Startup Ideas", Paul Graham encourages founders to seek out developing products that "a large number of people want a little bit" as this will provide you room to pivot later and redefine your ideal customer $/$ market at a later date.

Question $12$ options:

True

False

Question $13(2$ points$)$

Saved

Where do most entrepreneurs get the idea for their business?

Question $13$ options:

A$)$

Through brainstorming

B$)$

From mentors

C$)$

By reading entrepreneurship books

D$)$

By working in a particular industry