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Characteristics of Entrepeneur
vision, self reliance, energy, confidence, tolerance of uncertainty, tolerance of failure,
entrepreneurs
people who risk their time, money, and other resources start and manage a business
Angel Investors
individuals who invest in start up companies with high growth potential in exchange for a share of ownership
Venture Capital Firms
Companies that invest in start up businesses with high growth potential exchange for a share of ownership
Small business administration (SBA)
fed gov agency designed to maintain and strengthen the nation’s economy by aiding, counseling, assisting, and protecting the interest of small businesses
Market niches
A small segment of a market with fewer competitors than the market as a whole
Small Business Development Center
Local offices, affiliated with the small businesses, that provide, comprehensive management assistance to current and prospective
Business Plan
a formal document that describes a business concept, outlines business objectives, and details strategies, and timelines for achieving those objectives
Market Niche
small segment of a market with fewer competitors than the market as a whole
Note 
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