Why Business Fail! Exam Questions
Losers blame others for failures, winners ask others for help
So yesterday I provide some research data that should have woken you up as a business owner, or anyone who read the article and is interested in the economy. When you read it, did you understand and apply the learnings to your own situation and improve yourself? If not, why did you spend the time to read it?
I hedge fund manager will analyze a stock, he will used that information to either buy or short the stock, he does not let his time spent go to waste.
Publishers take a lot of time to create what we hope is valuable content to help you. From concept to completion there is hours of work involved. Then responding to messages is another workload.
So, lets see if you wasted your time reading what was written yesterday. You have to understand from my first two posts, I am here more for you than for me and if I can’t help you, please don’t waste your time. I am not here for subscriber numbers. You will figure this out as we go along. I only want a few followers who are deeply engaged and that may mean a few times per week.
Test yourself from your own memory on the 10 multiple choice questions based on yesterday’s blog post. If you can’t read to remember and apply what you read to improve your life, what are you doing here?
Multiple Choice Questions: Why Growing Business Value and Marketability Is Critical
1. What percentage of businesses fail within their first decade?
A) 20.4%
B) 49.4%
C) 65.3%
D) 75%
2. How much wealth is projected to be transferred through 2048 according to Cerulli?
A) $84 trillion
B) $105 trillion
C) $124 trillion
D) $10 trillion
3. What percentage of small business owners in the United States are Baby Boomers?
A) 25%
B) 30%
C) 40%
D) 50%
4. What were software company median EV/EBITDA multiples at their peak in the first half of 2021?
A) 12.0x
B) 17.6x
C) 21.1x
D) 25.0x
5. What percentage of Baby Boomer small business owners have a succession plan in place?
A) Less than 10%
B) Less than a third
C) About half
D) More than 60%
6. What percentage of businesses that fail do so because they run out of cash?
A) 25%
B) 44%
C) 66%
D) 75%
7. How many Baby Boomer-owned businesses are expected to exchange hands between 2019 and 2029?
A) 5 million
B) 7.5 million
C) 10 million
D) 15 million
8. What is the main difference between cash flow and business value according to the article?
A) Cash flow is monthly, business value is annual
B) Cash flow keeps you operating, business value makes you sellable
C) Cash flow is liquid, business value is fixed
D) There is no real difference
9. What percentage of small businesses face financial challenges in today's market?
A) 44%
B) 55%
C) 66%
D) 75%
10. According to the article, what do investors now prioritize over pure revenue growth?
A) Market share and brand recognition
B) Innovation and new product development
C) Strong cash flow and efficient business models
D) Revenue growth at any cost