| A | B |
|---|
| Entrepreneur | Someone who takes a risk by starting a business |
| Entrepreneurship | Process of starting, organizing, managing and assuming the responsibility for a business |
| Venture Capital | money provided by large investors to finance new products and businesses |
| Innovation | an invention that is brand new |
| Improvement | a design change that increases the usefulness of a product |
| Small Business | Independent business with fewer than 500 employees |
| Unique Services | Requires a special interest in customers. May be things like planning a wedding or a custom design sound system for a home |
| Small Business Administration | A government agency that helps small business owners develop business plans |
| Business Plan | Written description of a business idea and how it will be carried out |
| Start Up Financing | Amount of money needed to open a new business |
| Short Term Financing | Money needed to pay for the current operating activities of a business |
| Long Term Financing | Money needed for the main resources of a business (land, buildings, etc) |
| Product | An item for sale that you can see and touch |
| Shark Tank | A show that spotlights young entrepreneurs |
| Pitch | A quick presentation about a business. Usually looking for inv |
| competitive | Entrepreneurial characteristic of a person who likes to win |
| creative | Entrepreneurial characteristic of a person who likes to create |
| goal oriented | Entrepreneurial characteristic of a person focuses on tasks and the end result |
| self confident | Entrepreneurial characteristic of a person who trusts in one's own abilities, qualities and judgement |
| hard work | Entrepreneurial characteristic of a person who tends to work with energy and committment |
| risk | The chance that something might not be successful |
