Entrepreneurs take this as an opportunity as opposed to an obstacle.
What is Uncertainty?
Leading companies use this in order to understand their performance within their companies.
What is a budget?
Most successful entrepreneurs take wild uncalculated risks in starting their companies.
What is a myth about startup entrepreneurs?
Startups seek to expand operations with the sole purpose of disrupting the industry that they are entering. Whereas, __________ function through the entrepreneurial spirit and a desire to serve the local market.
What are Small Businesses?
Where companies and organizations are able to grow their business and build a strong network?
What is Social Media/The Web?
Netflix has embedded a system that keeps their ____ in mind first. Their employees are trusted and empowered to do quality work.
Who is Netflix’s audience?
Companies manage this to see where they can grow and expand their businesses.
What is cash flow?
Most entrepreneurs have some kind of expertise – like accounting – but haven’t started a business previously.
What is NOT a myth about start up entrepreneurship?
Small businesses seek to stay in business. Whereas, startups seek to find the best ____________ that is scalable.
What is Business Model
Meeting someone at a higher business organization to guide you into the future?
What is Mentorship?
The two ingredients that set successful firms apart from unsuccessful firms.
What are creativity and autonomy?
It consists of the profits in the budget?
What are sales and revenues
They have an incomplete business plan that contains a lot of assumptions yet to be proven. Rather than writing a business plan, they go out and seek validation of their business idea first.
What is a myth about startup entrepreneurship?
Small businesses are organized around ________ goals of steady revenue, while startups are focused on short term goals and rapid growth.
What is Long Term
Meeting held to discuss to discuss important information regarding business ideas and interest?
What is Business Event?
This company, in its humble beginnings, reached out to foster a community and gather insights about its sneakers.
What is Nike?
Expenses that like property mortgage or rent payments, insurance, utility fees, employee wages, monthly bank fees, license fees and equipment and property leases?
What are fixed expenses?
They take other business ideas and make them more accessible or better or more cost-efficient.
What is NOT a myth about what entrepreneurs really do?
Startups seek out investors to increase their capital in return for an __________ in their company, whereas, small businesses owners seek to maintain full ownership control of their enterprise.
What is Equity Stake?
Gathering held in person, professional cocktails served, and people meeting one another to build there social network?
What is Physical Networking?
Many start-ups fail down the line when these traits are not put into place by stakeholders and CEOS from the right from the beginning.
What are discipline and structured systems?
The budget that includes all the expenses and revenues for the budgeting period
What is an operational budget?
Most successful entrepreneurs start their company with millions in venture capital.
What is a myth about how entrepreneurs start up?
Small businesses are _____________, whereas, startups rely on investments from capital groups in order to maintain their daily operation.
What is Self-Sustained?
Gathering held online instead of in person with people meeting one another to build their social network?
What is Online Networking?