Successful startup entrepreneurs of early 2000s
Reid Hoffman, along with 4 others, founded this popular networking application.
What is LinkedIn?
This term refers to the initial investment used to start a company, often from personal savings or friends and family.
What is Seed Capital?
The steps to this process are imagination, application, innovation, and entrepreneurship.
What are the 4 steps of creativity?
This myth says the most successful entrepreneurs take these kinds of risks in starting their companies.
What are wild and uncalculated risks?
Getting feedback from possible customers is important for this
What is idea development?
This dating app, launched in 2012 by Sean Rad, revolutionized online dating.
What is Tinder?
This is a form of fundraising where startups raise small amounts from a large number of people, usually through the Internet.
What is crowdfunding?
These two types of creativity include creativity through art, as well as creativity displayed through physical materials or techniques.
What is expressive and inventive creativity?
This myth says the most successful entrepreneurs have these two skills behind them.
What are strong track records and years of experience in their industries?
This means understanding your industry, target audience, and competitors
What is analyzing your market?
Amazon launched this division in 2006, focusing on leading cloud technologies- a quick-growing field.
What is Amazon Web Services (AWS)?
A venture capital firm offers money in exchange for this in the company.
What is equity?
These two types of creativity refer to consistent, everyday creativity, and also large, monumental contributions to society.
What is little-c and Big-C creativity?
This myth says most successful entrepreneurs start their companies with this invention which is technological in nature.
What is a breakthrough invention?
This will help control the cash inflow.
What is opening a business bank account?
This company transformed Greek yogurt in the USA in 2005, focusing on health and natural ingredients.
What is Chobani?
The term for the second stage of startup financing, used to scale operations.
What is series C funding?
This creativity technique is a popular way in order to think of and share ideas between a large group of people, where any and all ideas are welcome.
What is brainstorming?
This myth says most successful entrepreneurs have this kind of business plan and do this before taking action.
What is a well-considered business plan with researched and developed ideas?
This is the first step for a business.
What is getting a business license?
Founded in 2011, this company was one among the first meal-kit companies, reshaping home-cooking, and is now the largest in the world.
What is HelloFresh?
An agreement to invest in a company but convert the investment to equity at a later stage is called this.
What is a SAFE agreement?
This emotional feeling is one of the main killers of creativity.
What is stress?
This myth says most successful entrepreneurs start their companies with this.
What is millions in venture capital?
These are great options for funding your business.
What are Angel Investors?