Question 1:What is entrepreneurship?Question 2:How is the concept of innovation related to entrepreneurship and why is it important?Question 3:What does it mean to say that someone has an entrepreneurial mindset?Question 4:What is meant by the term “Serviceable Obtainable Market” and how does it differ from the so-called “Serviceable Addressable Market?”Question 5:What is the meaning of the term “business model” and why is it an important concept for entrepreneurs to understand?Question 6:What are the top three reasons why startups fail?Question 7:What were your most important take-aways from the articles below covering the subject of startup funding?Please make sure to identify the source of any material you use to support your answers in this assignment.Also be aware that the best grades will usually go to those who make the best use of the resources provided. Please do your citations this way, number them as Footnote 1 (Fn1), etc.REFERENCESundefined“Startup Failure Rate:Ultimate Report and Infogra
phic,” Failory, 3/25/21.“The Silicon Valley Startup Guide to Attract VC Funding,” Greenough Consulting Group, 2/12/2021.“Why Startups Fail:Lessons from 150 Founders,” by Phil Santoro, Wilbur Labs, 2/8/21.“Five Predictions for Early-Stage Startups in 2021,” Thomas Bannon, by Maren Forbes, 12/11/20.“The Power of Choice:Bootstrapping vs. Venture Capital,” Toptal, Accessed On:4/6/21.“How to Raise Funds for a Startup in 2021,” The Techie Guy, Accessed On:4/6/21.undefinedhttps://www.failory.com/blog/startup-failure-rateundefinedundefinedhttps://www.greenoughgroup.com/blog-posts/silicon-valley-startup-guide-to-attract-vc-fundingundefinedWhy Startups Fail | Lessons From 150 Founders | Wilbur Labsundefinedhttps://www.forbes.com/sites/marenbannon/2020/12/11/five-predictions-for-early-stage-startups-in-2021/?sh=497d8dae392dundefinedundefinedhttps://www.toptal.com/finance/startup-funding-consultants/bootstrapping-vs-venture-capitalundefinedhttps://thetechieguy.com/how-to-raise-funds-for-a-startup-in-2021/