Vocabulary
An individual who founds and runs a business assuming all of the risk and rewards
Entrepreneur
Entrepreneurs abandon steady paychecks. This is known as a ______ that they accept.
Risk
Goods are _____ products that have monetary value. (things you can touch)
Tangible
This is % number of entrepreneurs that work 40+ a week
80%
The first Pixar movie
Toy Story
The capacity and motivation to deploy a business venture that involves risk in order to make a profit
Entrepreneurship
Independence and enjoyment are potential ______ from entrepreneurship.
Rewards
Services are ______. (things you cannot touch)
A commercial operation or company that satisfies needs in order to make a profit.
Business
The NEW highest grossing pixar film of all time
Inside out 2
The art of taking financial risks in order to make a profit
Entrepreneurial
The greater the risk the greater the reward and vice-versa is known as ______/
Risk/Reward Tradeoff
A necessity that the market cannot live without
Market needs
A need that can be fufilled yeidling a profit
Opportunities
This social media platform is known for its short-form videos
TikTok
A state of mind in which one conducts him/her self to entrepreneurial activites
Entrepreneurial Mindset
1 out of 2 main goals in entrepreneurship
Creating a business
An organization that operates to aid in some social effort, they do not retain any profits from commerce.
Non-profit
Thoughts or concepts that come from creative thinking.
Ideas
The name of the dance challenge that went viral on TikTok in 2020
The "Savage" Challenge - Megan thee Stallion
A newly emerged business that is striving to develop a viable business model around a new product or service is known as
Start-up Venture
1 out of the 2 main goals of entrepreneurship
Maximizing Profit
Is not a basic life requirement and is not needed for survival.
Market wants
A new idea, method or device that provides a better solution to satisy consumer needs.
Innovation
The acronym “OOTD” stands for
Outfit of the day