A Small Business Start-Up Is Typically Self-Funded or Closely Funded

question 71

True/False

A small business start-up is typically self-funded or closely funded by the founder.

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Definitions:

Self-serving Bias

A frequent inclination to credit good outcomes to personal qualities while blaming bad outcomes on outside circumstances.

Defensive Self-esteem

A form of self-esteem that is fragile and vulnerable to criticism, leading individuals to react defensively to perceived threats.

Accomplishments

Achievements, successes, or completed goals, often resulting from effort or skill.

Spotlight Effect

The cognitive bias where an individual overestimates how much others notice their appearance or behavior.