Study Plan: Entrepreneurship

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Last updated 4:38 AM on 10/9/26
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8 Terms

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Builder entrepreneur

a person who is focused on quickly scaling up their business

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Business plan

a document that an entrepreneur creates that contains an outline of their business; it may include an executive summary, company description, market analysis, organizational details, identify people who will take management roles, services or product lines, marketing and sales strategy, a funding request, and financial projections

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Entrepreneur

a person who sees an opportunity and works effectively to create a solution by organizing, managing, and assuming the risks of a business or enterprise

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Innovator entrepreneur

measure success based on impact; they often start businesses just for personal satisfaction and the lifestyle

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Opportunist entrepreneur

a person who measures success in financial terms and is always looking for the next money-making opportunity

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Specialist entrepreneur

an expert (e.g., accountants, doctors, lawyers) who generally spend their careers in one industry

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Teamwork

involves building and maintaining collaborative relationships to work effectively toward your common goals, while appreciating diverse viewpoints and shared responsibilities

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U.S. Small Business Administration

a federal government agency that helps small business owners grow and expand their businesses