Startup Basics
This document explains a company’s goals and how it plans to succeed.
What is a vision statement?
This platform is commonly used by businesses to promote products through short videos.
What is TikTok?
This entrepreneur co-founded Apple alongside Steve Wozniak.
Steve Jobs
Money earned from sales before expenses are removed is called this.
What is revenue?
How many rings are there on the Olympic flag?
What is 5
The money a business earns after expenses are paid.
What is net profit?
The specific group of customers a business wants to reach is called this.
What is a target market?
This entrepreneur created Amazon, one of the world’s largest online retailers.
Who is Jeff Bezos?
This is the process of planning how money will be spent.
What is budgeting?
Listening to customer opinions to improve products is called this.
What is feedback?
This term refers to a recognizable company image made through names, logos, and designs.
What is branding?
Selling products online through websites is known as this.
What is e-commerce?
who is the founder of joy ride?
Who is Ryan Trahan?
Money provided to startups by investors in exchange for ownership is called this.
What is venture capital?
what is the powerhouse of a cell
mitochondria
A person who starts and runs a business is called this.
What is an entrepreneur?
This strategy uses discounts and special offers to attract customers quickly.
What is promotion?
This media entrepreneur became famous through her talk show and business empire.
Who is Oprah Winfrey?
This point occurs when total costs equal total revenue.
What is the break-even point?
Who was the first person to land on the moon?
Neil Armstrong
This statement explains why a customer should choose one business over another.
What is a value proposition?
This marketing method relies on customers sharing information about products with others.
What is customer reviews?
This Canadian entrepreneur and investor appears on the TV show Shark Tank.
Who is Kevin O'Leary?
This financial document shows a company’s income and expenses over time.
What is an income statement?
Who painted Starry Night?
Vincent Van Gogh