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what is a contract employee

  1. An employee who is hired for a specific job at a specific rate of pay; a contract employee is not considered a permanent employee.
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What is resourcing

Gathering together the necessary elements needed to start a business, also called the 3rd stage of the entrepreneurial process.

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What is a Scalable Startup Entrepreneurship

This type of entrepreneur intends to be innovative and even disruptive, and to build a profitable business that can grow quickly.

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What is a Financial Risk

This risk that financial stakeholders will lose money.

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What is a Entreprenuer

An entrepreneur is someone who identifies an opportunity by creating a solution to a problem, starts a business, assumes the personal and financial risk (and rewards) of the venture, and strives for constant improvement in an effort to grow the business and improve society.

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what is a gig economy 

 A labor market involving temporary, flexible, freelance jobs, often using technology to connect workers with those who are hiring.

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what is harvesting

The 5th stage of the entrepreneurial process, where you evaluate if the company is a success or failure, and/or if it needs more time to prove itself.

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what is Social Entrepreneurship

Companies that are focused on creating products and services that make the world a better place; these can be non-profit, for profit, or a combination of the two.

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What is a Vision

An aspirational view of the future, that if the company is successful in accomplishing its mission, the company and/or world might look a certain way.

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who is Spencer silver 

A American chemist and 3m scientist 

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What is Tax Deduction


An amount that reduces a business's revenue, or individual’s income, which in turn reduces the taxes owed.




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what is a business plan

A roadmap of the business’s goals and objectives, and the strategy and details of how those goals and objectives will be achieved.

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what is a Hustler Entrepreneurship

This type of entrepreneur uses hard work and bootstrapping to start build a business.

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what is a Vocation 

A feeling of suitability for a particular career or occupation.


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what did Spencer Silver invent

  a low-tack pressure sensitive acrylate copolymer microsphere adhesive

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what is self-employeed

  1. An individual who is their own boss.
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What are the three features of an opportunity 

market margin mission
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What is Entrepreneurship

The process of identifying opportunities, cultivating resources (time, money, energy, people) and creating a business to solve problems.

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What is a small business 

According to the United States Small Business Administration, generally companies with fewer than 500 employees are considered “small” businesses.

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What is the difference between intraprenuers and entreprenuers

An entrepreneur builds a new business from scratch and takes on all the financial and operational risks, while an intraprenuer is an employee who drives innovation and new projects inside an existing company

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what is a soloprenuer

These are one-person operations, where someone starts and runs the business by themselves, with no additional partners or staff.

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What Is a entrepreneurial Discovery

The process of systematically scanning for technological, political, regulatory, social, and demographic changes to discover opportunities to produce new goods and services.

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what is a Imitator Entrepreneurship

This is a cross between and innovator and a hustler, trying to improve on existing products in the marketplace.


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what is innovation

The introduction of something new; a new idea, product, method, device, or service.

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What is a intraprenuer

Someone who exhibits the traits and/or skills of an entrepreneur as an employee within a company, without taking as much risk (and therefore often receiving not as much reward) as an entrepreneur.