The Process
The method to think of new ideas and concepts when coming up with potential entrepreneurial ventures
What is brainstorming?
what is an example of a reward when it comes to entrepreneurship?
awards, money, a service, and/or product.
This company out of San Francisco California was one of the fastest startups to hit one billion dollars and is now worth fifty billion. They had great success early on but now face many legal battles over their product with the FDA.
What is JUUL Labs
This is how long you need to attend school in order to become an entrepreneur.
What is There is no required time?
According to Bill Gross, founder of idealab, YouTube and Yahoo lacked a ______ which accounted for a 24% success ratio
What is Business Model
You have to take these in order to escape your comfort zone and achieve your potential.
What are risks?
what is a risk?
a gain, loss, or failure, such as bankruptcy.
This company is run by Elon Musk and has quickly become a major corporation, estimated at 33.3 billion. Making great strides in the space travel industry.
What is SpaceX
Since entrepreneurs do not necessarily have a 9-5 schedule, this is an important characteristic to have as an entrepreneur.
What are Time Management Skills?
What famous boxer once said, "Everyone has a plan until they get punched in the face..."?
What is Mike Tyson
To run a successful startup, one must jump at every one of these they come across regardless of the availability of resources.
What is an opportunity?
what are four words to live by to ensure entrepreneurial success?
strengths, weakness, opportunities, and threats (SWOT).
This company has changed vacation travel and taken a huge chunk of the market from hotels. Worth 35 billion dollars today.
What is Airbnb
This is what you say when someone tells you that you are "too young" to be an entrepreneur.
What is "You can never be too young to be an entrepreneur!"?
Successful startups are based on _______ ideas
What is Disruptive
Entrepreneurs have to have an optimistic and open one of these when they desire to change the future.
What is mindset?
One way an entrepreneur can increase their competitive advantage?
look at your positioning (personal authoritative level) as often as you look at your prospects (clients and customers).
This company changed the transportation industry and made taxi services obsolete in many locations. They are worth upwards of 80 billion dollars today.
What is Uber?
This is how old you should be in order to start a business.
What is "You can be any age to be an entrepreneur!"?
Getting ______ from surveys and interviews is crucial to ideating and solving problems.
What is feedback
Defined as “continuing firmly or obstinately in a course of action in spite of difficulty or opposition,” this is a quality that is absolutely necessary for entrepreneurs.
What is persistent?
to promise maximum reward, you must assess and focus on your what?
competitive analysis
This company made grocery shopping an at-home activity with its delivery services it was valued in 2017 at 3.4 billion dollars.
What is Instacart
What is "there is no guaranteed time?"
What is a term that refers to the practice of obtaining information or input into a task or project by enlisting the services of a large number of people, either paid or unpaid, typically via the internet?
What is Crowdsourcing