Entre Basics
The pursuit of opportunities beyond resources controlled
What is entrepreneurship
The key to entrepreneurial innovation
What is commercialization?
To empathize, define, ideate, prototype,and test
What is design thinking?
The audience of your business story
What are customers/clients, investors, partners, and employees?
How an organization captures creates, delivers, and captures value
What is a business model?
Who they are, What they know, Whom they know
What is Causal thinking?
To persevere,pivot,and perish
What is the lean-start-up method?
JBTD is an acronym for
What is Jobs To Be Done?
The top funding sources for a start-up business are
What are you, a cofounder, and friends/family?
The business model consists of (blank) building blocks
What are 9 building blocks?
A process used to develop new businesses, products, and services in an existing organization
What is corporate entrepreneurship?
Identifying the offering audience
What is soon-to-be, refusing, and unexplored customers?
A point in time when one has a sudden insight or realization
What is an AHA moment?
The four major types of resources
What is physical, human, intellectual, and financial?
It convinces prospective customers that a product/service will add value/solve a problem
What is value proposition?
A temporary organization that searches for a repeatable and scalable business model
What is a startup?
Making an action plan involves
What is to eliminate, reduce, raise, and create?
"Creativity represents a balance between (blank) and (blank) oneself of that (blank)."
What is knowledge, freeing, and knowledge?
(Blank) and (blank) in entrepreneurial pitches influence investment judgments
What is figurative language and gesturing?
Consist of buyers, not products
What is market domain?
Worries of financial ruin and extreme uncertainty of the unknown
What is the fear factor?
Blue ocean strategy vs Red ocean strategy
What is creating an uncontested market-space and competing in the existing market?
IDEATE stands for
What is Identify, Discover, Enhance, Anticipate, Target, and Evaluate?
What is the hook, problem, existing solution, new solution, and market potential?
Consists of sellers/products
What is industry domain?