Essential Vocabulary
Risk is defined as the choice of losing something or
What is having a negative outcome
Target, Walmart and Five and below are all what type of business?
What is a corporation
Why was David Schwimmer on Shark Tales advocating for ?
What is Long Table Pancake & Waffle Mix
Communication is paired with what Entrepreneurial Mindset?
What is collaboration
At what age did Cheri Garcia Start her business Luminous Envy?
What is 23
What is a Business Reward?
What is the positive outcome for starting a business.
Non Profit Organizations can Fall under any Sector of business they like. True Or False?
True
The woobles had such an amazing pitch for the sharks. So much so that the sharks wanted to team up just to get a slice of the business. What 2 sharks were able to obtain stakes in the company The Woobles?
Mark Cuban and Lori Grenier
Name 2 Entrepreneurial Mindsets
What is
-Comfort with risk
-Creativity and innovation
-Future Orientation
-Initiative and Self-Reliance
Cheri Garcia at one point became flustered with developing factories all across America. They told her this about her idea..
What is "Nobody would touch it without 100k upfront"
Someone who creates and owns a business is known as what?
What is an entrepreneur
If you wanted to start a food truck, what type of business would you be starting ?
What is an LLC
How did the Long Table presentation Begin?
What is with Aerial Yoga
Being able to see future opportunities during present endeavors is known as what ?
What is Opportunity Recognition
What features are included with the Luminous Envy bed purchase?
What is a tanning bed that inflates, deflates and is portable.
Saving enough money for a brand new car because your old car broke down is steps towards what
What is a solution to a problem
What does LLC stand for?
What is Limited Liability Company
What is the Woobles sole purpose of their product?
What is to learn something new
What entrepreneurial Mindset do you need in order to move through all situations with minimal plans offered?
What is flexibility and adaptability
What 2 companies sell Luminous Envy?
What is " As Seen On TV" and " Leslie's Pool"
What does it mean to be a stakeholder?
What is someone who has an interest or percentage of a business.
You can be a sole proprietor and a partnership at the same time. True or False?
What is False
What are the 3 C's of being an entrepreneur?
What is
Creator
Critic
Crusade
Coming to work everyday on time is an example of what entrepreneurial mindset?
What is initiative and Self Reliance
How much did Cheri Borrow to start her business and how much in what year did Cheri obtained her patent rights?
What is 38,000 and in 2013