Famous Startup Entrepreneurs
This entrepreneur started his company as an
online bookstore named Cadabra
Who is Jeff Bezos?
69% of US startups start here.
Where is At home?
A word for someone who wants to start a business from scratch
Who is an entrepreneur?
The first thing to do when brainstorming/starting a business, and what your business is
What is creating a business idea?
This is the first step in setting up payroll
What is getting an Employer Identification Number (EIN)?
This entrepreneur started by making
computers in a garage and is now one of the
biggest CEOs in the world
Who is Steve Jobs?
Majority of startups get started with less than
What is $25,000?
A person or group of people who put money into a business, hoping it will turn back more profit
Who are investors?
Before writing any exact plans, entrepreneurs must see if there is an opportunity to turn their idea into a successful business by doing this
What is market research?
Employers pay this tax at the same rate as their employees.
What is Social Security tax?
This man developed texi-dispatching software
that companies quicked adopted while he was
still a teenager. He later created and launched
one of the biggest social media companies
today in 2006.
Who is Jack Dorsey?
This easy change to a startup can significantly
increase odds of success
What is having two founders?
A short talk explaining your business idea to investors
What is a pitch?
Writing this out helps explain your idea and mission for your business, and also helps explain your market and how you will make money
What is a business plan?
Unlike independent contractors, these workers receive wages, benefits, and are filed differently on taxes.
Who are employees?
This man is now a huge mogel but his first
startup was a video game he made was he was
12
Who is Elon Musk?
This startup industry has the best net profit
margin at 18.4%
What is accounting, tax prep., and payroll
services?
A group of people who are most likely to consume your product or service and who your business aims to reach
What is a target market?
Many startups need to reach other sources (i.e., banks, family) for this when they need money to get started on their business
What is funding (or a loan)?
These two factors can decide when employees are paid, unless neither applies, in which case you create a payroll calendar.
What are state laws and union agreements?
This man founded two of the biggest store
chains in the world but was originally rejected
by his companies leadership so he
implemented the idea on his own
Who is Sam Walton?
33% of startups entrepreneurs have just this
education
What is high school/ GED?
The logo, name, or image that represents an overall company/business
What is a brand?
Whether online or in-store, this is where your business will be
What is a business location?
This type of pay must meet federal minimum wage requirements.
What is regular pay?