Chapter 1
Help!
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| Entrepreneur | A person who is relentlessly focused on an opportunity, in either a new or an existing business, to create value while assuming both the risk and the reward or her effort.
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| Bootstapping | Doing more with less in terms of resources invested in a business, and where possible, controlling the resources without owning them
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| Small Business | A business that is small compared to large companies in an industry, has geographically, had geographically localized operations, is financed by only a few individuals, and has a small management team.
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| Refugee | A person who becomes an entrepreneur to escape an undesirable situation
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| Founder | An entrepreneur who brings a new firm into existence
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| Franchisee | An entrepreneur whose power is limited by a contractual relationship with a franchising organization
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| High-Potential Venture (gazelle) | A small firm that has great prospects for growth
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| Attractive small firm | A small firm that provides substantial profits to its owner
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| Microbusiness | A small firm that provides minimal profits to its owner
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| Lifestyle business | A microbusiness that permits the owner to follow a desired pattern of living
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| Artisan Entrepreneur | A person with primarily technical skills and little business knowledge who starts a business
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| Opportunistic Entrepreneur | A person with both sophisticated managerial skills and technical knowledge who starts a business
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| Entrepreneurial Team | Two or more people who work together as entrepreneurs on one endeavor
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| Niche Market | A specific group of customers with an identifiable but narrow range of product or service interests
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| Mentor | A knowledgeable person who cab offer guidance based on experience in a given field
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| Entrepreneurial legacy | Material assets and intangible qualities passed on to both heirs and society
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| entreprenurial Opportunity | An economically attractive and timely opportunity that creates value for interested buyers or end users.
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| Reluctant Entrepreneur | A person who becomes an entrepreneur as a result of some severe hardship
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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