Entrepreneur Mindset
The mindset that focuses on fixing a problem in your own life before solving it for others
What is the startup mindset?
Introduced in 2007, this groundbreaking technology product revolutionized phones with its touch screen surface.
What is the iPhone?
Before this tech giant was famous it started out in a garage in 1976
Apple
What does ROI stand for?
Return on investment
What year was facebook founded?
2004
The quality that an entrepreneurship is driven by
What is "A desire to change the future"?
This caffeinated carbonated drink, created in 1886, became one of the worlds most recognized drinks.
What is Coca Cola?
Originally founded as an online bookstore in 1994, this company now dominates in e-commerce globally
Amazon
What is the difference between iteration and pivoting?
Iteration = minor change in business model
Pivoting = major change in business model
Which online payment company was co-founded by Peter Thiel and Elon Musk?
Paypal
Entrepreneurs embrace this concept when operate with incomplete information
What is uncertainty?
Founded in 2011 at Stanford University, this app allowed users to send photos and videos that would dissapear after being viewed.
What is Snapchat?
This streaming platform began in 1997, as a DVD by mail service before pivoting to streaming and original programming
Netflix
The process of bringing about new ideas, products/services, or solutions to create value and make a positive impact is defined as
Innovation
What percentage of new businesses survive beyond 10 years?
30%
Entrepreneurs value this type of process
What is experimentation?
Launched in 1994, this gaming console revolutionized the gaming industry with 3D worlds and new games.
What is PlayStation?
This company launched its first film studio in a garage in LA
Walt Disney
The ability of a business to grow larger is known as
Scalability
What company was originally named "Cadabra"?
Amazon
This concept refers to building and testing a product
What is prototyping?
This internet search browser made finding answers and staying connected online easier than ever with its advanced search engine.
What is Google?
Before becoming the worlds largest video platform, it began as a dating site?
Youtube
A companies' value statement about how their product benefits their customers is called
Value proposition
What company did Microsoft acquire in 2016 for $26.2 billion?