What is one thing you learned from the video that you didn’t already know about owning a small business?
Would you still want to start a small business? What motivates you or turns you off to owning your own business?
Fill-ins:
Entrepreneurship – Accepting the _______________ of starting and running a business.
Not everyone will share your ________________________.
Why do people become entrepreneurs? ______________ vs. ______________
Many reasons become entrepreneurs are to live the American dream – doing something they are ____________________ about, and/or the ______________________ of being their own boss.
______________________ prepared me to own my own business.
Some personality traits of being an entrepreneur include:
Some types of entrepreneurships are:
______________________ ______________________ 3. _____________________
The importance of small businesses:
Over ____ million in the US. Create _____% of new jobs.
Get at least ___ years of experiences, preferably working for a small business (comparable to the one you want to start).
Need to know two things: How to run a _______ __________ and how to run _______ small business.
_________ ____________________ is one of the primary reasons businesses fail.
If you ____________ to plan, you _____________ to fail.
Know your _____________ and your _______________, which is critical to your success.
When times are tight, you don’t _______________ people something you can do yourself.
Hypervisor
A hypervisor is computer software, firmware or hardware that creates and runs virtual machines. A hypervisor allows one host computer to support multiple guest virtual machines by virtually sharing its resources, such as memory and processing. The primary contributor to why hypervisors are segregated into two types is because of the absence of the underlying operating system. Type 1 runs directly on the hardware with virtual machine provided while type 2 runs on the host operating systems to provide virtualization management and other services. A hypervisor is a natural target for hackers because its designs control all the resources of the hardware while managing all the virtual machines residing on it. Hypervisor is vulnerable to a lot of malicious code, especially those coming from a rogue virtual machine. Hypervisors allow virtual machines to be created instantly, unlike bare-metal servers. This makes it easier to provision resources as needed for dynamic workloads.
In the area of services, Van Binsbergen was the first case where the Court regarded such behaviour to fall within the scope of abuse of rights, making it the first example of circumvention. Van Binsbergens lawyer had established himself in Belgium in order to avoid stricter rules in the Netherlands, which under Dutch law meant he lost the right to represent his client. This clearly constitutes circumvention, where a person: (1) established himself in another Member State, (2) in order to avoid the legislation of his home Member State. Though Centros narrowed the scope of the general concept, this remains the most common form of alleged abuse of rights before the CJEU.
2.3 Fraudulent Behaviour
In order to benefit from countless provisions of Union law, certain conditions must be fulfilled honestly and obtained in good faith. For fraud to occur, the claim to rights here must be based on objective false premises. An example can be found in the Van de Bijl case, where Dutch authorities questioned the validity of a certificate which a painter claimed meant that pursuant to Directive 64/427/EEC, he should be allowed to perform professionally in another Member State. The false certificate was deemed enough to constitute fraud, and Van de Bijl was not allowed access to the rights he sought.
2.4 Misuse
Misuse is a broad concept which encompasses activities by economic actors which are, in their result, contrary to the purpose of the right in question. In such a situation, the question is if the national measures at issue jeopardise the supremacy and uniform application of Union law. National courts are thus free to apply measures up to this point only, as to do otherwise would be contrary to the division of