Startup Success Secrets
This startup began by renting out air mattresses in their apartment before becoming a billion-dollar business.
Airbnb
If your Instagram post goes viral, you can thank this type of marketing.
Social Media Marketing.
This A.I. chatbot took over the internet, making writing, research, and coding easier than ever.
ChatGPT.
This TV show lets entrepreneurs pitch their business ideas to investors for funding.
Shark Tank
If your startup wants to sell to customers in different countries, you need to plan for this challenge (hint: not everyone uses the same one).
Currency Exchange, payment methods, langauges.
This term describes a small test version of a product made to see if people like it before launching.
MVP (Minimum Viable Product)
This term refers to ranking high on Google so people can find your website easily.
SEO (Search Engine Optimization)
This company created a car that drives itself using AI.
Tesla.
Startups that grow big without investors are using this method.
Bootstrapping.
These companies dominate online payments in China, making cash almost unnecessary.
Alipay or WeChat pay.
In the Lean Startup method, startups should "fail _______ and learn quickly."
fast
This type of marketing sends emails, pop-ups, and ads based on what users like and do online.
Personalized marketing
E-businesses use this tool to track website visitors, ad clicks, and customer behavior.
Google Analytics.
Instead of getting one big investor, startups can raise money from the crowd using this type of funding.
Crowdfunding.
This Southeast Asian e-commerce platform is growing fast, competing with Amazon in the region.
Shopee
This company started in a garage before becoming one of the biggest e-commerce giants in the world.
Amazon.
In e-business, this type of customer service uses AI to answer questions 24/7.
A chatbot.
This technology protects digital transactions and is used in Bitcoin and NFTs.
Blockchain.
This tech giant started in a college dorm room and now has billions of users worldwide.
Facebook (Meta).
A business that makes money but doesn’t grow fast is called this kind of company.
A lifestyle business.
This business model allows people to sell without keeping inventory, using suppliers to ship directly to customers.
Dropshipping.
This fast-growing business model is all about people selling products on TikTok, Instagram, and other platforms without a physical store.
Social commerce?
This online payment system, founded by Elon Musk and others, was one of the first to make online transactions easy.
When pitching to investors, you only have this many seconds to hook their attention.
30 seconds.
If an investor gives you money in exchange for part ownership, they are called...
A venture capitalist.