Vocabulary
This individual seeks out new opportunities to create profits
Entrepreneur
Profit = ?
Money
These are the 4 steps of the entrepreneurship process
Step 1: Innovation
Step 2: Triggering Event
Step 3: Implementation
Step 4: Growth
These are the 4 types of entrepreneurs
Small Business Entrepreneurs
Scalable Startup Entrepreneurs
Large Company Entrepreneurs
Social Entrepreneurs
The first Pixar movie
Toy Story
This is the process by which businesses or other organizations develop international influence or start operating on an international scale
Globalization
1 of the Characteristics of entrepreneurship
Profit focused
This step includes:
Includes gestation (development).
Motivation to start.
Decision to proceed.
Business planning.
Identifying the different resources required.
Risk assessment, resource acquisition and assembling.
Step 2: Triggering Event
These entrepreneurs are focused on creating and running their own business, either on their own or with the help of family members.
Small Business Entrepreneurs
The NEW highest grossing pixar film of all time
Inside out 2
These individuals take on the risk by developing products and or business concepts, but work for someone else.
Intrapreneurs
Another characteristic of entrepreneurship
Calculated risk takers who reap the rewards of those risks.
This Step includes:
Includes generating the idea.
Identifying a market opportunity.
Conception of idea.
Conducting research.
Screening ideas for feasibility.
Development of the product or service.
Step 1: Innovation
These entrepreneurs dream big, focusing on innovative ideas that can expand their business and generate as much profit as quickly as possible.
Scalable Startup Entrepreneurs
This social media platform is known for its short-form videos
TikTok
This is the process of creating new business ideas and plans to help a company achieve its goals, while also generating profits and contributing to the community.
Innovation
1 out of 2 main goals in entrepreneurship
Creating a business
This Step includes:
Includes infancy, incorporation, setting up and launching the new venture.
Includes business strategy.
Implementing the business plan.
Running the business.
Deploying of resources, building success and managing the venture.
Step 3: Implementation
These entrepreneurs come into a large company and implement programs through innovation to make things better and more appealing to customers.
Large Company Entrepreneurs
The name of the dance challenge that went viral on TikTok in 2020
The "Savage" Challenge - Megan thee Stallion
This is a set of social and professional expectations and guidelines for behavior, conduct, and practices
Business Etiquette
1 out of the 2 main goals of entrepreneurship
Maximizing Profit
This Step includes:
Includes adolescence (building over time).
Maximizing profits.
Harvesting the rewards and continually growing the venture to include other opportunities.
Step 4: Growth
These entrepreneurs innovators who focus on creating products and services that solve social needs and problems.
Social Entrepreneurs
The acronym “OOTD” stands for
Outfit of the day