LEADERSHIP
Authoritarian leadership
One person is in charge of the whole decision-making process, from evaluation to implementation.
Angel Investors
Individuals who back emerging entrepreneurial ventures, usually as a bridge to get from the self-funded stage to the level of business that would both need and attract venture capital.
Drop out of college
Stop attending your classes and don’t graduate.
Cornerstone
An important quality or feature on which a particular thing depends or is based.
(GESTURES) Overlooked
Fail to notice.
Democratic leadership
Input can come from others and decisions can be made collectively. The leader will guide the process but will make the final call.
Barter
Direct exchange of merchandise and/or services between businesses.
Found a company
Create a company
Forge
To make or produce something, especially with some difficulty.
(DESCRIPTION) Enamored
Affected by strong feelings of love, admiration, or fascination.
Laissez-faire leadership,
Decisions can come from any direction, and active leadership from one individual is minimal.
Venture Capital (VC)
A form of financing for a company in which the business gives up partial ownership and control of the business in exchange for capital over a limited time frame.
Go bankrupt
Stop existing
Vulnerable
Easily hurt or attacked because of being weak.
(RELATED WORDS) Subordinates
A person under the authority or control of another within an organization.
Procedural leadership
The focus will be on doing things by the books rather than taking suggestions from subordinates.
Strategic Alliance
An ongoing relationship between two businesses in which they combine efforts for a specific purpose.
Turn a profit
Earn money
Grit
Courage and resolve; strength of character.
(INCOMPLETE SENTENCE) To hone
Having been refined or perfected over a period of time.
Transformational leadership
Leaders present a vision for the organization and set goals to enable their subordinates to make this a reality. Employees feel motivated and empowered, and as a result, this leadership style is associated with happy and engaged teams.
Merger
A joining together of two previously separate corporations. A true merger in the legal sense occurs when both businesses dissolve and move their assets and liabilities into a newly created entity.
Expand into
Grow as a company
Flustered
Agitated or confused.
(DRAWING) Loyalty
A strong feeling of support or allegiance.