Dino
Entrepreneurial Fundamentals
Entrepreneurial Fundamentals
What is the term for an oversaturated market?
What is the Red Ocean
In entrepreneurship, one has to simply accept the fact that they are going to face _______?
What is fail?
In the book All in Startup, what is the woman's name that Owen meets at the poker tournament?
Sam
This term is the pursuit of opportunity beyond resources controlled?
what is entrepreneurship?
What is the term used to describe a unique advantage or characteristic that sets a business apart from its competitors?
What is a competitive advantage
Be Superior not … to the System?
What is subject?
What are the 4 best steps to follow when starting up a business? Hint*** the order often gets confused
Idea, Customer, Build, Brand
This type of entrepreneur adopts a mission and establishes an enterprise for social change?
What is a social entrepreneur?
What is the name of the framework used to evaluate a company's potential for success based on factors like its industry, competition, and management team?
What is a SWOT analysis
What is the owner willing to give up to the investor
stake of the company; percentage
What percentage of businesses that first start up fail even with investors?
75%
Categories of this include breakthrough, sustaining, disruptive, and basic?
What is innovation?
What are known as the five C’s of entrepreneurship?
What are credibility, clarity, conviction, capital, and concentration
Recently discussed in class was the company chain of hotels.
CitizenM
In the financial world, this is most commonly known as the amount of debt that can be used to finance your business assets or the amount of money you borrow to run your business.
What is leverage?
This entrepreneurial behavior is linked to the identification of new opportunities for new products and firms?
What is creativity?
What is the tax code for a non profit?
What is 501c3?
What is the best way to have your pitch translated for your investor?
What is relatability?
A cost that does not change with increases or decreases in the volume of goods or services that are produced by your company?
What is a fixed cost?
This term describes the act of spearheading new programs, products, services, innovations, and policies within your organization?
What is intrapreneurship?