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16 Terms

1
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Technopreneurship

is the combination of technology and entrepreneurship. It involves

using innovative technology-based solutions to create businesses that solve real-life problems.

2
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Business planning

is the process of outlining your business idea, goals, and steps to

success. It includes identifying your target market, unique selling proposition (USP), marketing

strategies, and financial needs.

3
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business pitch

is a short and persuasive presentation used to explain a product, service, or

business idea to an audience and usually potential investors, partners, or customers. It is a vital

part of entrepreneurship as it allows aspiring entrepreneurs to share how their idea solves a

real-world problem.

4
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1. Problem or Need

2. Solution/Business Idea

3. Target Market

4. Unique Selling Proposition (USP)

5. Christian/Values Integration

Key Components of a Business Pitch

5
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Entrepreneurship

is the process of launching and

managing a new business with the goal of offering new

products or services.

6
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Entrepreneurs

are people who take on the challenge

and responsibility of building a business. They are often

creative, take risks, and work hard to turn ideas into reality.

7
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Entrepreneurial competencies

are the personal traits and abilities needed to be

successful in running a business. These include creativity, determination, risk-taking, and the

ability to solve problems. Knowing and developing these competencies helps a person

become a better entrepreneur.

8
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Innovative

They think of new ideas and try

different ways of doing things.

9
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Problem-solvers

They find solutions and stay

positive, even when challenges come.

10
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Enthusiastic

They are energetic and enjoy working with people.

11
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Opportunity-seekers

They are curious and look for chances to start or grow a

business.

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Goal-setters

They set clear goals and work hard to achieve them.

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Risk-takers

They take smart risks after thinking carefully about the situation.

14
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Good planners

They make careful plans and use their resources wisely.

15
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Service-oriented

They focus on helping customers and meeting their needs.

16
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Decision-makers

They make quick and smart choices to reach their goals.