Involves creating new ideas, products, or services.
What is Entreprenuership?
_____ are non-conformatists
Who are Originals?
Acrynym for Behavior, Enablers, Artifact, and Nudge
What is BEAN?
This technique creates an emotional connection in business pitches
What is storytelling?
Strategic exchange of information and resources among people to create connections.
What is Networking?
He completed his famous book, The Wealth of Nations, in 1776
Who is Adam Smith?
This is something you practice, not just something you're born with.
What is Creativity?
Challenging conventional notions of how things have been done before, and bringing ideas from one industry to another
What is innovation?
This is the first thing you should clearly state in your pitch
What is the problem?
1 to many
What is Crowdfunding?
This concept, created by Joseph Schumpeter involves constant innovation and replacement.
What is Creative Destruction?
This prevents us from "upgrading" our way of thinking
What is Overconfidence?
Businesses come in at the bottom of the market with a “good enough” product at a cheaper cost.
What is Low-end Distruption?
This is the final part of a pitch, where you clearly state what you need from your audience
What is the Call to Action?
This can make all the difference in a venture success.
What is a Management Team?
This major historical shift marked the beginning of entrepreneurship
what is the Agricultural revolution?
Social networks, alertness to opportunities, and prior knowledge and experiences lead to
What is Entrepreneurial Creativity?
The four P's of Innovation
What are Population, Penetration, Price and Purchase frequency?
When pitching to angel investors, this is the main aspect you should highlight.
What is the investment opportunity?
In the video, "A primer on Resources for the Entrepreneur" he states there are two types of resources
What are Tangible and Intangible Resources?
Private capital, investing in private start-ups, with potential for a viable harvest
What is Entrepreneurial Capitalism?
Albert Bandura calls this process of experiencing one small success after another
What is Guided Mastery?
I’mStrategic road mapping, and traditional R&D labs are effective for using this type of innovation
What is Sustaining Innovation?
an identity narrative, an opportunity narrative,a projective narrative, a failure
narrative,a pivot narrative, and a resourcefulness narrative are all types of____ _____.
What is Entrepreneurial Narratives?
Entrepreneurs who start and grow their companies with minimal external funding.
What are Bootstrappers?