Famous Startups
Founders
Vocabs Scrabble
Start a Business
Rewards and Risks
100

A social media platform, founded in 2004, which now has billions of users worldwide.

What is Facebook?

100

Apple


Steve Jobs, Steve Wozniak, and Ronald Wayne.

100

PENTREERUNER

What is Entrepreneur?

100

The first step in starting a business is often writing this document.

What is a business plan?

100

The financial gain from a business venture is known as this.

What is profit?

200

The company is known for its electric cars and was founded in 2003.

What is Tesla?

200

Nike


Phil Knight

200

TAPICAL

What is Capital?

200

This type of business entity protects personal assets from business debts.

What is an LLC (Limited Liability Company)?

200

This term refers to the potential loss in business.

What is risk?

300

The startup was initially a book retailer and has now become an e-commerce.

What is Amazon?

300

McDonald's

Richard and Maurice McDonald

300

MUTARE

What is Mature?

300

This term refers to the initial funding required to start a business.

What is startup capital?

300

A key reward of entrepreneurship is the ability to be your own boss, also known as this.

What is autonomy?

400

The company revolutionized the lodging industry by allowing others to rent out their homes.

What is Airbnb?

400

Starbucks

Jerry Baldwin, Zev Siegl, and Gordon Bowker.

400

BISNESUS

What is Business?

400

This legal document protects inventions and business methods.

What is a patent?

400

This type of risk involves unpredictable factors affecting a business.

What is market risk?

500

The video communication platform, now a staple for virtual meetings, was founded in 2021.

What is Zoom?

500

Twitter

Jack Dorsey, Biz Stone, and Evan Williams.

500

INAVOTONNI

What is Innovation?

500

This term describes the first group of people who use a new product or service.

What are early adopters?

500

The potential for a startup to grow exponentially is often referred to as this.

What is scalability?