Philanthropy & STEM
A desire to help with a social cause
Philanthropy
A product or service you can spend money on, but it is not a necessity
Want
What you know about the industry you're getting into
Spreading out investments to reduce risk
Diversification
Money you earn from working
Income
A very important part of product/service creation where you work with others to further your project
Collaboration
A product or service is marketed to a ...
Target Consumer
The money a business earns
Revenue
A company with a market capitalization value of more than $10 billion
Large Market Cap
The money you plan to spend on things you need/want
Planned Expenses
The 3 Ts
Time, Talent, Treasure
A person who will loan money for a business start-up
Venture Capitalist (VC)
A forecast of future revenue and expenses for a business
Financial Projection
The total value of all a company's shares of stock
Market Capitalization
A plan that balances money coming in (income) with money going out (expenses). Expenses shouldn't be greater than income.
Budget
An organization with tax-exemptions because it furthers a social cause and provides a public benefit
Non-Profit
The 4 Ps of marketing
Product, Placement, Price, Promotion
An organized set of steps to take in an emergency
Contingency Plan
It's calculated by dividing the current stock price by earnings per share from the last four quarters
P/E Ratio
A product or service you spend money on that is considered a necessity
Need
The bonus T (after the 3 Ts)
Testimony
This card does not draw money directly from your checking/savings account. It is fondly called the "debt card"
Credit Card
Expenses per unit of produce
Unit Economics
A safe investment that generally attracts conservative investors
Blue Chip Stock
A paper form of payment that is used to transfer money from your checking account to a person or company
Check