Famous Entrepreneurs
Co-founded Apple Inc., known for products like the iPhone and MacBook.
Who is Steve Jobs?
Believing in yourself and your abilities.
What is self-confidence?
The possibility of losing money or facing bankruptcy if a business fails.
What are financial risks?
A business model where customers pay a recurring fee for access to a product or service.
What is a subscription-based model?
Using your imagination or original thoughts to create something new.
What is creativity?
Founded SpaceX and Tesla Inc., and is known for advancements in space exploration and electric vehicles.
Who is Elon Musk?
The ability to push yourself without external motivation.
What is self-motivation?
Challenges from other companies in the same market and the risk of market saturation affecting business growth.
What are competitive risks?
Business practices focused on environmental sustainability and eco-friendly solutions.
What is green entrepreneurship?
Constant changes in technology may require heavy investments to stay current.
What is technology risk?
Founded Amazon and transformed online retail and cloud computing with Amazon Web Services.
Who is Jeff Bezos?
The ability to adapt and be flexible when faced with unexpected challenges.
What is adaptability?
Strategies becoming outdated and the business struggling to keep up with market changes.
What are strategic risks?
Using technology to work remotely while traveling or living in different locations.
What is digital nomadism?
A business must deal with tariffs or tax rates when expanding to a new country.
What is political risk?
Co-founded Microsoft and developed the Windows operating system.
Who is Bill Gates?
Willingness to try new things and learn from mistakes in order to reach a goal.
What is risk-taking?
The impact of economic fluctuations on consumer confidence and purchasing behavior.
What are market or economic risks?
The use of social media platforms to enhance online shopping and sales.
What is social commerce?
The entrepreneur has control over when they work and sets their own boundaries.
What is flexible schedule?
Created Facebook, now known as Meta Platforms, revolutionizing social media and digital communication.
Who is Mark Zuckerberg?
The quality of putting in extra effort and being determined to accomplish goals.
What is tenacity?
A poor customer experience can lead to bad word-of-mouth and impact future purchase
What are reputational risks?
Online retail targeting specific geographic areas with goods and services
What is hyperlocal e-commerce?
Known for launching the Virgin Group, which diversified into music, airlines, and space travel.
Who is Richard Branson?