This term describes the willingness to take on uncertainty in pursuit of a new business idea.
risk-taking
This soft skill involves sharing ideas clearly and listening actively to others.
communication
Cake, candles, and a room full of friends usually mark this annual personal celebration.
birthday party
This term describes a short statement that explains your idea in under 30 seconds — often used to attract investors.
elevator pitch
This is the process of defining tasks, deadlines, and responsibilities to achieve a project’s goal.
project planning
An entrepreneur must spot these early — unmet customer needs or market gaps waiting to be filled.
opportunities
Employers value this skill that allows individuals to collaborate, share tasks, and support common goals.
teamwork
This special event often includes vows, rings, and a ceremony that joins two people together.
wedding ceremony
Entrepreneurs use these documents to estimate income, costs, and profitability before launching a business.
financial projections
Entrepreneurs use this tool to visually track tasks, deadlines, and progress in a project.
Gantt chart
Often called the “fuel of innovation,” this trait allows entrepreneurs to imagine solutions that do not yet exist.
creativity
This soft skill involves understanding and managing your own emotions while recognizing others’ feelings.
emotional intelligence
Often held after completing high school or university, this celebration honors an academic milestone.
graduation party
This method involves building a simple version of your product to test assumptions before spending more money.
MVP (minimum viable product)
This type of risk occurs when unexpected problems threaten a project’s schedule, budget, or quality.
project risk
This business skill involves planning how products, customers, finances, and resources will work together for long-term success.
strategic thinking
The ability to adjust quickly to new situations, challenges, or environments is known as this.
adaptability
Companies host these large gatherings to share updates, network, and attend keynote presentations.
corporate conference?
This essential startup skill involves identifying your ideal customers and understanding their needs, behaviors, and pain points.
market research
This approach divides a project into smaller, manageable phases to ensure continuous progress and easier control.
project phasing or the waterfall approach
Entrepreneurs show this trait when they learn from failure, adapt quickly, and persist despite challenges.
resilience
This high-level soft skill helps individuals analyze problems, question assumptions, and make well-reasoned decisions.
critical thinking
Businesses use this type of event to introduce a new product or service to customers, investors, or the media.
product launch event
This strategic framework helps entrepreneurs define their customer segments, value propositions, channels, revenue streams, and more — all on a single page.
Business Model Canvas
This key project management concept involves monitoring performance, comparing it to the plan, and making adjustments as needed.
project control or performance tracking