Podcast
Questions and Answers
What method of delivery will Rose Yard Cupcakes use for their vegan cupcakes?
What method of delivery will Rose Yard Cupcakes use for their vegan cupcakes?
- Delivery truck
- Electricity powered van (correct)
- Bicycle
- Scooter
What is one assumption that Rose Yard Cupcakes will assess about their business idea?
What is one assumption that Rose Yard Cupcakes will assess about their business idea?
- Initial marketing efforts will not be needed (correct)
- Selling only cupcakes will not help the brand become distinctive
- Customers prefer non-vegan cupcakes
- Customers will not pay a premium for vegan cupcakes
What will help Rose Yard Cupcakes' brand to be distinctive?
What will help Rose Yard Cupcakes' brand to be distinctive?
- Using imported ingredients
- Selling only vegan cupcakes (correct)
- Using locally sourced ingredients
- Providing non-vegan options as well
What does Rashmi Sinha compare a founding vision for a start-up to?
What does Rashmi Sinha compare a founding vision for a start-up to?
Why is it essential to assess your business idea?
Why is it essential to assess your business idea?
What can happen if entrepreneurs execute their business ideas too early?
What can happen if entrepreneurs execute their business ideas too early?
What is the importance of testing a business idea early on?
What is the importance of testing a business idea early on?
What is the risk of waiting too late to launch a business?
What is the risk of waiting too late to launch a business?