What is a type of Startup?
What is the type of Investor?
Present Day Successful Startups
Vocabulary
Myth or Fact?
100

What is described as a “traditional business”

What is a small Business Startup?

100

This type of investor is known as not a real investor

What is Banks and Financial Institutions

100

This online marketplace for vacation home rentals and tourism activities started as a side hustle now has a revenue of 5.99 Billion dollars.

What is Airbnb?

100

What is Startup Entrepreneurship?

What is the transformation of an idea into a commercial opportunity?

What is taking advantage of opportunities without regard for the availability of resources?

100

Entrepreneurs are the ones who take other business ideas and make them more accessible, or better, or more cost-effective

What is Fact

200

What type of startup allows you to work on your own terms and conditions?

What is a Lifestyle Startup?

200

What type of investor takes money without any equity?

What is a Personal Investor?

200

This photo sharing app launched in 2010 gained more than one million users in a little less than two months.

What is Instagram?

200

What is Marketing?

What is how a business communicates with large amounts of customers persuading them to want to know more about the business and its offerings?

200

Most successful entrepreneurs take wild, uncalculated risks in starting their companies

What is Myth

300

What type of startups do not work for building wealth?

What is a Social Startup?

300

What type of investor uses technology and new data that allows borrowers to connect to lenders without a middleman

What is Peer to Peer Lenders

300

What once used to be a DVD rental service is now an online streaming service worth over 30 billion dollars?

What is Netflix?

300

What is an Entrepreneur?

What is someone who exercises initiative by organizing a venture to take benefit of an opportunity? 

What is Risk Taker?

300

More likely, they have an incomplete business plan that contains a lot of assumptions yet to be proven

What is Fact

400

What type of startup is self funded?

What is a scalable startup Company?

400

What type of investor helps to boost up businesses?

What are venture capitalists

400

This radio-streaming service had a rough start but had a really good turn around and is now owned by SiriusXM

What is Pandora?

400

What is an Elevator Speech?

What is a brief, short and sweet compelling way to describe a new business idea or concept in 30 seconds?

400

Most successful entrepreneurs have strong track records and years of experience in their industries

What is Myth

500

What type of startup has a goal to make only new products?

What is a Large Startup Company?

500

What type of investor offers the needed support to startup founders during the early stage of business?

What is Incubators and Accelerators

500

This popular ride sharing app where you can order a ride from your mobile device created in 2009

What is Uber?

500

What are Business Ethics?

What is the study of appropriate business policies and practices in regards to potentially controversial subjects?

500

Most successful entrepreneurs start their companies with a “break-through invention -- usually technological in nature”

What is Myth

M
e
n
u