Mindsets of an Entrepreneur
Meaning of Social Entrepreneurship/Blue Ocean Strategy
Readings From This Semester
Terms Entrepreneurs Should Know!
200

What type of mindset is one where people believe that their most basic abilities can be developed through dedication and hard work

What is a growth mindset

200

What do you call someone who has innovative ideas that can solve the world’s most pressing social problems?

“What is an Social Entrepreneur”

200

What was Marvel’s second Blue Ocean?

“What is their live-action movies”

200

What is the term for the result of subtracting the cost of goods sold from net sales?

What is Gross Margin

500

What type of mindset would a person have if they believe firmly in their ability to navigate life and achieve their goals

What is high self-efficacy

500

What strategy focuses on creating uncontested market spaces by simultaneously pursuing differentiation and low cost.?

“What is value innovation”

500

What is an innovative entrepreneur within the ecosystem of a larger, more traditional organization?

“What is an intrapreneur”

500

What is the money you have left after paying for business expenses?

What is a Profit

1000

What type of mindset would a person have if they liked doing something for its own sake rather than for external rewards

What is intrinsic motivation

1000

What does the term E.S.G mean?

“What is Environmental Social Governance”

1000

What type of mindset should you develop to develop your creativity?

“What is an affirmative mindset?”

1000

What term stands for a measure of how much money is earned relative to the amount of money spent on an investment

What is Return on Investment or RO

1500

A person who believes that luck and fate doesn’t determine their outcomes has what type of mindset

What is high internal locus of control

1500

What type of market is it called to be in a competitive space?

“What is Red ocean Market”

1500

Net earnings and net income both fall under what important financial entrepreneur term?

“What is bottom line

1500

What is the exchange of information and ideas among people with a common profession or special interest, usually in an informal social setting

What is Networking

2000

A person who will keep going no matter the obstacles has a what?

What is a high level of resilience

2000

Demand is created rather than fought over. There is ample opportunity for growth that is both profitable and rapid. What is this called?

Blue Ocean Strategy

2000

What are the 4 types of innovation?

What is breakthrough innovation, sustaining innovation, basic research and disruptive innovation

2000

When companies try to outperform their rivals to grab a greater share of existing demand, and existing saturated markets they use the strategy of

What is Red Ocean Strategy

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