Entrepreneurial mindset
The mindset that tells you to see failure like a video game ‘try again’ screen
What is Growth Mindset?
The business structure that protects your personal assets like a superhero cape
What is LLC (Limited Liability Company)?
The fancy term for finding out your customer's pain points
What is Customer Discovery?
This is what you lose when you become an entrepreneur- besides sleep
What is free time?
The color of the "ocean strategy" when you're competing with everyone?
What is red ocean strategy?
This kind of locus makes you say, 'I control my own destiny, not Mercury in Retrograde?
What is Internal locus of control?
The business term for "don't put all your eggs in one basket"
What is Diversification?
This is the someone you talk to before launching a yoga app
What is a Potential Customer?
Polite way to describe a start-up phase when nothing works
What is a Learning opportunity?
Created in a blue ocean besides peace and quiet
What is Uncontested Market space?
The self-efficacy meaning, besides sounding like a spell from Harry Potter?
What is believing you can do it (confidence in your abilities?
The department job is basically 'make people want it'
What is Marketing?
Assuming what customers want is terrible idea
Why does Assumptions= bad business decisions?
The term for "making it up as you go and presenting it was the plan all along"
What is Pivoting?
The point of eliminating stuff in your product
What does it mean to cut costs and focus on what matters?
Something entrepreneurs have when they get knocked down but get up again
What is Resiliency?
Calling your competition
What is Competitors?
Values for consumers
what is execution, realistic, growth potential, value, and or unique?
An entrepreneur who starts new stuff inside a big, boring company
What is an Interpreter?
Meaning to "raise" to something
What does it mean to "do it better than the industry standard"?
The mindset of only focusing on abilities and talent?
What is a fixed mindset?
In budgeting, the costs that are acting extra but aren't needed
What is Variable Expenses?
Quick way to test a product idea to sell your car
What is MVP (Minimum Viable Product)
Calling a business that cares more about that just cash
What is a Social Enterprise?
What is Cirque du Soleil?