Famous Entrepreneurs
Born in Queens, this media personality and businessman is the 45th and 47th U.S. President.
Who is Donald Trump?
Pumpkin Spice is an example of something companies create to maximize profits.
What is a seasonal sale?
This type of entrepreneur starts a business to make a living for themselves and their family, typically focusing on local markets rather than rapid growth.
What is a small business entrepreneur?
This type of business performs a task or provides help for a customer.
What is a service buisness?
Starting and growing a business with your own money and the money it earns.
What is Bootstrapping?
Successful entrepreneur and CEO of SpaceX and Tesla.
Who is Elon Musk?
Gingerbread-flavored treats and peppermint mochas are especially popular during this season.
What is winter?
This driven individual is always looking for the next hustle, focuses on getting things done, and isn't afraid to do the "grunt work" to make their business successful.
What is a hustler entrepreneur?
Department stores, clothing shops, and online stores are examples of this type of business, which sells products to customers.
What is a merchandising business?
Money investors give to a business they believe can grow, usually in exchange for part ownership.
What is venture capital?
This rap mogul built a $2.5 billion fortune through music, fashion, Tidal, and liquor.
Who is Jay Z?
Seasonal drinks such as iced coffee, lemonade, and fruit smoothies are especially refreshing during this season.
What is the summer?
This entrepreneur identifies a gap in the market or a better way of doing things and creates a brand new product or service to fill that need.
What is an innovator (or innovative) entrepreneur?
Apple orchards, oil fields, and coal mines are examples of this type of business, which takes natural resources from the earth or grows them.
What is an extracting business?
When a product meets customers’ needs and they want to buy it.
What is Product Market Fit (PMF)?
This entrepreneur created a popular platform to help students learn their classmates’ names.
Who is Mark Zuckerberg?
This individual focuses on solving social or environmental problems through their business, prioritizing impact alongside profit.
What is a social entrepreneur?
A blue-jean factory and an automobile plant are examples of this type of business, which makes products.
What is a manufacturing business?
How much money or value you gain compared with what you spent.
What is ROI (Return on Investment) ?
This “Oracle of Omaha” bought his first stock at 11 and plans to donate 99% of his fortune to charity. He owns Duracell and Dairy Queen.
Who is Warren Buffet?
Where the term bandwagon come from.
Based off a wagon in the 19th century that went through parades.
This entrepreneur identifies a successful business model and copies or improves upon it to enter the market, rather than trying to invent something entirely new.
What is an imitator entrepreneur?
A vineyard grows grapes, makes wine, and sells wine and related items in its gift shop. This is an example of a company combining two or more stages of production.
What is vertical integration?
Growing a business so it can serve more customers.
What is scaling?