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Entrepreneurship

Entrepreneur Life Cycle

TermDefinition
Birth The entrepreneur has just opened a new business and wants to try out many new ideas and products
Breakthrough The entrepreneur narrows in on their best opportunities for success and begins to standardize their processes
Maturity The entrepreneur has a well developed business that can now explore new opportunities and sell parts of their business to others
Flatlands Coffee on Main St. A local example of the birth stage
Sunset Bistro on Wooster St. A local example of the breakthrough stage
Myles Pizza A local example of the maturity stage
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