Startup Vocab
What is a specific group of consumers that a business focuses on?
What is a Target Market?
When your costs exceed your earnings.
What is negative cash flow?
Can an entrepreneurial mindset be taught in school? Yes/No
What is Yes?
The process of promoting goods or services.
What is Marketing?
A startup culture that is flatter, but the power is shared. Employees have the power to make independent decisions as well.
What is empowerment?
The amount of money a business earns from selling its products or services.
What is Revenue?
A financial arrangement where someone provides money to another person with an expectation of repayment over time.
What is a Loan?
Which mindset leads to success and stability, and which other mindset leads to innovation and leadership?
What are the employee and entrepreneurial mindsets?
Companies that sell similar products.
What is market share?
A Term for a group of employees who share initial ownership and take partial credit in starting a company.
What is a Co-Founder?
What an entrepreneur start with before launching a business?
What is startup capital?
A way of raising small amounts of money from a large number of people, often through an online platform.
What is crowdfunding?
Can an entrepreneurial mindset be taught in school? Yes/No
What is Yes.
When sellers offer products that will appeal to most buyers.
What is mass marketing?
Someone who holds a specific type of power because they have special skills and knowledge that someone else lacks.
What is Expert power?
A legal business arrangement where two or more people share ownership.
What is a partnership?
A wealthy person who uses their own personal money to fund startups.
What is an angel investor?
Embracing creativity, learning from failure, and thinking strategically are all part of what type of mindset?
What is the entrepreneurial mindset?
Posting LinkedIn ads is an example of how you could do what an entrepreneur?
What is marketing to a bigger outreach?
A free-roaming leadership style (French) that allows employees to have total freedom.
What is laissez-faire?
A person who takes on the risks of starting, organizing, and controlling a business.
What is an entrepreneur?
The assets used to run a business.
What is capital?
Sustaining revenue, maintaining a budget, and developing a sales strategy are all examples of---- faced by entrepreneurs.
What are entrepreneurial challenges?
How many different types of common marketing is there?
What is 18?
A founder with a shared vision for the future, using an upward-looking leadership style.
What is visionary leadership?