click below
click below
Normal Size Small Size show me how
Ent i 102
| Term | Definition |
|---|---|
| Administrative skills | The ability to perform essential, routine business tasks such as organizing, planning, filing, billing, computing, etc. |
| Angel investor | someone who provides startup money to a new business |
| Challenge | An obstacle or problem; something that hinder the achievement of goals |
| Communication skills | The ability to express thoughts and ideas in a clear manner |
| Creativity | The ability to generate unique ideas, approaches, and solutions |
| Decision-making skills | The ability to effectively choose among alternatives |
| Deduction | A tax write-off that reduces the gross amount of an individual's income, which in turn reduces the taxes owed |
| Entrepreneur | An individual who identifies an opportunity to create new, value, develops and offers a unique product, assumes the risks of starting and building a business, focuses on the improvement and growth of that business; receives personal and financial rewards |
| Financial skills | The ability to manage money |
| Flexibility | The ability to adapt to changes as they occur; adaptability |
| Home-based business | A company that is operated in a residential dwelling |
| Independence | The ability to think and act on your own and to complete tasks without the direction of others |
| innovation | The process of creating new or more effective products, processes, services, technologies, or ideas |
| leadership skills | The ability to guide or direct the actions of others |
| Manager | An individual responsible for the coordination of resources to accomplish an organization's goals |
| Network | To connect with individuals who might help personal, career, or professional's goals |
| Opportunity | A circumstance that presents itself as a favorable means to meet an objective |
| Passion | A strong feeling of enthusiasm, determination; and devotion |
| Problem-solving skills | The ability to find solutions to obstacles or problems |
| Professional development | Steps that an individual takes to enhance or improve skills or traits that are needed to excel in their career/profession |
| Self-aware | Conscious of one's own strengths, weaknesses, and emotions |
| Self-employed | An individual who is their own boss |
| Skill | The ability to perform a task that is developed through knowledge, training, and practice |
| Small business | A business that employs 500 or fewer people |
| Support system | A network of individuals and/or organizations who offer assistance to those in need of advice and information |
| Technical skills | The ability to acquire and utilize systematic, specialized applications to accomplish business objectives |
| traits | Personal characteristics; expressed by a regular pattern of behavior, that become a part of you over time |
| Trends | The general directions in which people or events are moving |