Passage Seven
If you have ever considered launching a startup, you may feel that it requires an all-in，100% percent focus, which would mean leaving a full-time job. A new book by Patrick McGinnis, venture capitalist and founder of Dirigo Advisors, argues that all you need is 10% of your spare time to become an entrepreneur. Patrick stopped by the Knowledge @ Wharton Show on Sirius XM channel 111 to talk about the book. The 10% Entrepreneur.
Knowledge @Wharton: How did you arrive at 10% ?
Patrick McGinnis: I did this myself. I was the guy bumbling around in the park room looking for the light switch in my own life. I came out of this experience where my career went into upheaval, and I was looking for diversification. I started thinking, ” What’s an appropriate amount of time to spend on things outside of my day job that is meaningful but achievable?” I started at 20%. I thought, that feels like a lot – let me get down to 10%. Over time, I found out that the average angel investor invests 10% of their net worth in side ventures.
Knowledge@ Wharton: How many potential entrepreneurs do you think are scared away because they feel like they are sticking their neck out there, that they have to go 100% or they can’t go at all ?
McGinnis: It’s substantial number of people. They look at that and say, “It’s great, but I have a good job. I’m doing something that I always wanted to do. I’m not going to give all that up for the rollercoaster that is entrepreneurship.” I think it’s actually quite pervasive. As I’ve talked to people about the book, I’ve been shocked at how many people throughout society are struggling with this dilemma.
81. Who is the author of the 10% Entrepreneur? ( )
A. Sirius
B. Wharton
C. Dirigo
D. McGinnis
【答案】D。定位原文第一段 A new book by Patrick McGinnis, venture capitalist and founder of Dirigo Advisors 可知，这本书是由 Patrick McGinnis 写的。故正确选项为 D。
82. Why 10% is valid according to Patrick? ( )
A. Only 10% can be called part – time.
B. Patrick himself proved 10% to be plausible.
C. 10% sounds very cool. The book sells better this way.
D. 10% symbolize a small percentage. It is not a specific number.
【答案】B。定位第二段 I started thinking, ” What’s an appropriate amount of time to spend on things outside of my day job that is meaningful but achievable?” I started at 20%. I thought, that feels like a lot – let me get down to 10%.可见，是他本人认为 10%的时间就可以。故正确选项为 B。
83. What does “pervasive” mean? ( )
A. Preconditioned
B. Surprising
C. Wide – spread
D. Harmful
【答案】C。文章尾段 I think it’s actually quite pervasive. As I’ve talked to people about the book, I’ve been shocked at how many people throughout society are struggling with this dilemma.他感叹世上很多人都在这样，所以他认为这是一个普遍现象。A 选项：预处理。故正确答案为 C。
84. What does “I was the guy bumbling around in the dark room looking for the light switch in my own life.” imply? ( )
A. I have gone through hard times, during which I look for hope against all odds.
B. I buy bulb to light up the dark room all the times.
C. I got used to the feeling of falling down in the dark room but haven’t surrender yet.
D. I liked to live in dark room so that I can look for light.
【答案】A。根据第二段 I came out of this experience where my career went into upheaval, and I was looking for diversification. 可知 Patrick 在暗示自己在探寻创业的那段时间的感受。故正确选项为 A。
85. What is not the reason that deter people from starting up their own business?( )
A. The opportunity cost is high.
B. 10% is a lot of effort to begin with.
C. Starting up business is too risky.
D. They are somewhat satisfied with their jobs.
【答案】A。文章未提及创业成本的问题。故正确选项为 A。
