Lifestyles
Assuming one's current expenses and income while setting aside extra money towards future ventures. Evaluating income streams and ensuring that they are reliable and sufficient to cover basic needs and seed your business aspirations.
What is financial stability?
This term refers to starting a business without funding from outside sources.
What is Bootstrap?
An investment that comes from wealthy individuals looking to support startups in exchange for equity.
What is angel investment?
This mindset involves viewing challenges as opportunities and learning experiences rather than setbacks.
What is a "growth mindset"?
This entrepreneur created a social media platform that is now worth 1.35 trillion dollars while being a student in college?
Who is Mark Zuckerberg?
Certain aspects of business such as analytics, digital media, artificial intelligence software development, consulting, and cybersecurity require personal input via elec electronic connections with clients and customers. In our world, these are all accessible through what form of work?
What is can I work from my house?
This term is used to measure how quickly a business uses up its cash in hand.
What is Burn Rate?
This stage of funding, often referred to as "seed funding," is intended to help startups develop their initial products.
What is pre-seed funding?
This word refers to being able to have drive and determination to pursue goals despite having challenges.
What is "grit"?
This ride-sharing app is the most famous in the USA.
What is Uber?
Reduce multitasking to where individual tasks are assigned, create flexibility, adaptability, and effective prioritization techniques, and make a comfortable network to connect between employees.
What is the manageability of the workload of employees hired to be part of this business?
This term refers to a way for a business to raise funds from the public.
What is Initial Public Offering?
This investment occurs after seed funding and is used to increase the scale of operations.
What is Series A funding?
This word refers to the entrepreneurial quality of being innovative and coming up with new ideas or solutions.
What is "creativity"?
These entrepreneur(s) created one of the largest companies in the world that originated in a garage.
Who are Steve Jobs, Steve Wozniak, and Ronald G. Wayn?
Choosing skilled, reliable workers, adapting to their abilities, setting clear goals, and fostering communication which will lay the foundation for a thriving business environment.
What is who else besides yourself will be in control of the business?
This term refers to the simplest version of a product that you need to build to sell it to a market.
What is MVP (Minimum Viable Product)?
A type of funding that involves borrowing money that must be paid back with interest.
What is debt financing?
The belief in one’s ability to accomplish a task or achieve a goal.
What is "self-efficacy"?
Who is Jack Dorsey and what is he famous for?
What is the entrepreneur that founded Twitter?
Create an employee stock option pool, choose specific equities/grants, determine the vesting period, decide the amount of equity to assign to each employee, and document startup employee equity in a cap table.
What is how evenly should the income be distributed to the rest of the company?
This term details a short-term loan from investors to hold you over until the next round of funding or more capital can be secured.
What is Bridge loan?
The name for a group of investors that pool money to invest in startups in exchange for equity in the startup.
What is venture capital?
This term describes the willingness to take calculated risks to achieve rewards in business.
What is "risk tolerance"?
Out of all of the social media platforms, this one is considered the most successful by having the most monthly active users.
What is Facebook?