Vocabulary
A person who creates a new business and takes many risks to make it successful
Entrepreneur
Who co-founded Tesla and SpaceX
Elon Musk
A pitch in 2011 on a new social media platform for texting and taking pictures
Snapchat
When too many companies already have a product in a category
Competition
Which school or university have the highest number of top CEOs attended?
No school
A person who invests money into a business to get money back in return
Investor
Who founded Apple?
Steve Jobs
In 2005, three guys started a pitch help share and view videos globally
Youtube
Many new entrepreneurs don't seek advice from others
Never asking for help
What popular shopping site made its first ever sale when a broken laser pointer sold for just over $14?
Ebay
The money a business makes from selling a product or service before expenses
Revenue
Who founded Microsoft?
Bill Gates
This was pitched as a smiley sponge that can clean the hardest spots on dishes
Scrub Daddy
When an entrepreneur has a really good idea but doesn't get it across to an audience properly
Poor execution
Known today for its ghost logo, photo sharing, and instant messaging this apps original name was Picaboo
Snapchat
A group of potential customers that a business wants to sell their products or service to
Target Market
Who founded the iPromise school?
Lebron James
A pitch that lets businesses move their papers to digital for better organization
Canvas
Starting a business before having an idea
Failure to plan
Before becoming the world's first primary video sharing platform, what was YouTube originally built for?
Online video dating
Money invested into a startup group or growing company for potential for substantial and rapid growth
Venture Capital
Who Co-founded Nike
Phil Knight
A pitch for internet entertainment, news, and media companies and since releasing it has been a huge platform for digital journalism
Buzzfeed
Having self-doubt om an idea and not following through on it
Fear of failure
Before becoming a major microblogging app, Twitter started as a platform for what type of media?
Podcasts