Startup Companies
Jeff Bezos started this company as an online bookstore in 1994. Now, it sells almost everything.
Amazon
What is the age limit to become an entrepreneur
None
Forbes identifies vision, mindset, strategy, leadership, and networking as key aspects of this essential business concept.
Key Elements of Entrepreneurship
The use of social media platforms and websites to promote a product or service.
Social Media Marketing
A venture capitalist typically invests in exchange for this percentage of ownership in the startup
Equity
This site lets you post 280-character messages and was originally called “Twttr.”
X
What is all things used in producing goods and services
Resources
According to Business News Daily, these factors—rather than money—are often the primary motivators for launching a startup.
Freedom and Passion
A strategy where you send potential customers marketing messaging?
Email Marketing
This term refers to the process of raising small amounts of money from a large number of people, via the internet or in person
Crowdfunding
Need a place to stay on vacation? This company lets people rent out their homes to travelers.
Airbnb
What is the term used for when wants are greater than resources you have
Scarcity
Harvard Business Review suggests defining this as the first step in measuring a startup’s success, as it guides capital allocation and decision-making.
Governing Objective
A form of marketing focused on creating, publishing, and distributing content for a targeted audience online.
Content Marketing
Investors who provide capital to startups in exchange for equity
Venture Capitalist
This company’s search engine is so popular that people use its name as a verb when they want to look something up.
What is the point that consumers buy all of a product that is supplied leaving neither a shortage or surplus
Equilibrium
While not strictly necessary, this strategic tool helps entrepreneurs focus on key steps to success and achieve both short-term and long-term goals
Business Plan
You build trust, encouraging people to buy from you when they need a product or service you sell.
Blogging
This type of financing involves borrowing money that must be repaid with interest
Debt Financing
This company owns TikTok and is one of the biggest startups in the world.
ByteDance
What are trends that a business goes through
Expansion, recession, depression, recovery; the business cycle
According to UNC Kenan-Flagler Business School, this market force drives innovation, improves products and services, and increases employee motivation.
Competition
Include over-the-phone or door-to-door interactions. It refers to engaging with a potential customer you don't know yet.
Cold Calling
This type of funding involves an entrepreneur using their own personal money
Bootstrapping