Qualities/Mindsets
The term for someone who starts and runs their own business, taking on financial risks
What is an entrepreneur?
The essential document outlines a startup’s target market, financial projections, and growth strategy
What is a business plan?
For a business to be successful, there must be one member who is willing to step up to be a _______
What is a leader?
term describes a specific group of people a company aims to reach
What is Target Audience
the term for money a business makes from selling products or services?
what is revenue
The quality that helps an entrepreneur adjust their strategies when unexpected changes arise
What is adaptability?
THe first step in your startup
What is identifying the problem?
Startups that are successful develop their product firstly around the ______ needs
What is customer
A type of marketing that uses permission from the user to subscribe to news in their email
What is newsletter?
What does LLC stand for
What is limited liability company
Term for someone who can recover from multiple setbacks and learn from them
what is resilience/ growth mindset?
The financial metric indicates the total amount a startup spends to acquire each new customer.
What is customer acquisition cost?
the first actions a team leader should take when assessing group members
What is finding strengths and weaknesses of teammates?
I would ____ my logo so other companies cant use it
What is trademark?
the first decentralized digital currency?
what is bitcoin?
The one crucial trait of a team leader that ensures everyone is on task and no one is left not knowing the information in a timely manner.
What is communication?
The term for a small-scale product with just enough features to attract early customers and create a product
What is MVP?
Being ______ to team members will make them feel valued and willing to contribute ideas without fear of judgment
What is respectful?
Tthe name for a one-time campaign, usually tied to a holiday or event, meant to boost engagement?
What is a promotion?
Richest man all-time
who is mansa musa
The essential skills needed to inspire others toward achieving a common goal through effective teamwork
What is leadership?
The term in which you have an edge over other businesses which makes you stand out and profitable
What is unfair advantage?
Successful startup teams benefit from __________, where taking the opinions of others can help develop the project.
What is feedback?
Most popular social media platform for marketing (tricky)
What is Facebook?
liabilities - assets?
what is equity?