Vitamin Water
Ownership in a company, usually expressed as a percentage
Equity
The specific group of people a business aims to sell to
Target Market
A payment made to an investor based on each sale
Royalty
A person who provides money to help a business grow, expecting a return
Investor
A sample or early model of a product
Prototype
Money a business keeps after paying all expenses
Profit
How a company makes money
Market
How a product gets from a manufacturer to customers
Distribution
How much the entrepreneur believes the company is worth
An agreement between the entrepreneur and investor
Deal
Allowing another company to make or sell your product for a fee
Licensing
A short presentation where entrepreneurs explain their product or business
Pitch
Gathering information about customers and competitors
Research
The difference between the selling price and the cost to make a product
Margin
How easily a business can grow and increase revenue
Scalability
Legal protection preventing others from copying an invention
Patent
Total money a business earns before expenses
Revenue
An estimate of future sales
Sales Forecast
The total amount of products ready to sell
Inventory
Entrepreneur
I am a spokesman for Vitamin Water. I accepted equity instead of collecting an endorsement fee. I profited $100 Million!!!
50 Cent
I created Casamigos, a tequila for personal enjoyment, in 2013. In 2017, I sold it for $1 Billion!!!
George Clooney
In 2008, I created Beats to combat poor-quality earbuds. In 2014, Apple bought me for $3 Billion!!!
Dr. Dre
I created SKIMS in 2019 to create comfortable shapewear matching different skin tones. SKIMS currently has a valuation of $5 Billion!!!
Kim Kardashian
In 2021, I invested in the Fenway Sports Group. FSG owns a number of sports teams including the Boston Red Sox, Liverpool FC, and the Pittsburgh Penguins. From Akron, OH and currently living in LA, I have ownership shares in your beloved Boston Red Sox.
LeBron James