Money and Investments
What is a Value Proposition?
It's the main reason a startup exists to solve a problem.
What are the challenges of social startups?
Building partnerships, limited resources, balancing financials, and creating the right environment
What is Market Research?
It’s the process of finding out what customers want and need.
How do you plan for potential risks?
You need to do enough research and collaborate with enough people so you know what can go wrong. There is a lot of potential for financial risk so getting multiple perspectives and planning as much as possible is essential
What is a Business Plan?
It’s a document that outlines a startup's goals, strategies, and how it plans to succeed.
What is a type of social enterprise?
Opportunity employment
What is the Minimum Viable Product (MVP)?
It's the simplest version of a product that can be sold to customers to gather feedback.
What is the first step up of a social startup?
The first step is coming up with an idea
What is the Validation Stage?
It’s when startups test their ideas to see if they will work in the real world.
What is a company that is an example of social enterprise?
Patagonia