Funding
Why is funding important for a startup?
What is money is needed to start and operate a startup
What is a competitor?
What is another business selling a similar product or service
What is branding?
What is the name, logo, or design that helps people recognize a business.
What is brainstorming?
What is this involves coming up with several possible answers or solutions to a problem.
Leadership defined?
What is a social process that enables individuals to work together to achieve results that they could never achieve working alone.
How can you make investors trust you?
What is building credibility
What is a target market?
What is a group of people most likely to buy a startups product
What is a target audience?
What is the group of people a business wants to sell its product or service to.
What is adapting?
What is when one solution doesn't work, entrepreneurs may do this to improve their idea and try again.
Why is leadership important in a startup?
What is leadership in a startup guides a team through adversity.
Why is it important to have a business plan?
What is a business plan gives your investors a clear view of your process and operations
What is an angel investor?
What is a person who uses their own money to invest in a young startup.
What is a tagline?
What is this is a short phrase or slogan that represents a brand and is easy to remember.
What is creative thinking?
What is this involves looking at a problem from different perspectives and considering multiple possible solutions.
Who typically provides the overall direction of a startup?
What is Founder/CEO.
What is bootstrapping?
What is either self-funding a business or borrowing money from friends/family
What is the break-even point?
What is when a business earns exactly enough money to cover all of its expenses
What is brand identity?
What is a short phrase or slogan that represents a brand and is easy to remember.
What is breaking it down?
What is breaking a big issue into smaller, more manageable parts.
Why is risk taking important when it comes to competition?
What is taking risks gives you a competitive advantage.
What is debt financing?
What is funding that must be repaid
What is a business plan?
What is a document that explains how a company plans to operate and make money
What is visual branding?
What is this refers to the colors, fonts, images, and design choices a company uses to represent itself.
What is feedback?
What is entrepreneurs often ask customers for this to understand what is working and what needs to change.
Why is adaptability important for leadership in a start up?
What is being able to adjust easily to challenges as the business grows.