- Accounting: the action or process of keeping financial records relating to a particular period or purpose
- Advertising: describe or draw attention to a product service or event in a public medium in order to promote sales or attendance
- Benefit: an advantage or profit gained from something
- Better: a more excellent or effective type or quality
- Budget: an estimate of income and expenditure for a set period of time
- Business: an organization focused on the work that has to be done to profitably solve customer problems
- Business Model: a design for the successful operation of a business identifying revenue sources customer base products and services operational processes and details of financing
- Business Plan: a formal statement of a set of business goals the reasons they are believed attainable the plan for reaching those goals and information about the organization or team attempting to reach those goals
- Cash Flow: the total amount of money being transferred into and out of a business especially as affecting liquidity
- Change: become or make different
- Core Competency: a defining capability or advantage that distinguishes a venture from its competitors
- Cost: an amount that has to be paid or spent to buy or obtain something
- Critical Success Factor (CSF): an element that is necessary for a venture to achieve its mission
- Desire: strong feeling of wanting to have something that is not absolutely needed
- Earn: obtain money or other value in return for products or services
- Elevator Pitch: a short summary used to quickly and simply define a venture product service organization or event and its value proposition
- Enterprise: a project or venture typically one that is difficult or requires effort initiative and resourcefulness.
- Entrepreneur: a person who organizes and operates a venture
- Entrepreneurial Mindset: the ability to recognize opportunities for innovation and enterprise
- Entrepreneurship: the process of starting a business venture or other organization
- Environment: the setting or conditions in which a particular activity is carried on
- EPSCPBC: an acronym for "Earn a Profit Solving Customer Problems Better than the Competition" ... something every business venture must do to survive and thrive
- Executive Summary: a short document or section of a document that summarizes a longer report or proposal or a group of related reports in such a way that readers can rapidly become acquainted with a large body of material without having to read it all
- Exit Plan: a means of leaving a current situation after a predetermined objective has been achieved
- Forecast: a prediction or estimate of future events
- Goal: a long-term aim or desired result
- Ideation: the formation of ideas or concepts
- Income Statement: a financial document that gives operating results for a specific period; it typically includes sales revenue cost of sales gross income operating expenses and earnings
- Innovation: make something new and better or improvements in something by introducing new methods ideas products services processes market positions or paradigms
- Input: a contribution of work information money or material
- I-P-O: abbreviation for Inputs-Process-Outputs
- IPO: abbreviation for Initial Public Offering
- Judgment: the ability to make considered decisions or come to sensible conclusions
- Management: the process of dealing with or controlling things or people
- Margin: an amount of something included so as to be sure of success or safety
- Market: a demand for a particular commodity or service and the customers that create that demand
- Marketing: the action or business of identifying promoting and selling products or services to selected markets
- Mission Statement: a statement of the purpose of a venture or organization and its reason for existing; the mission statement should guide the actions of the organization spell out its overall goal provide a path and guide decision-making
- Need: something that is a necessity
- Operations: the harvesting of value from assets owned by a business; manufacturing production and delivery of goods and services
- Organization: the structure of related or connected people places and things to achieve specified objectives
- Output: the amount of something produced by a venture
- Plan: a detailed proposal for doing or achieving something
- Price: the amount of money expected in payment for something
- Problem: a matter or situation regarded as unwelcome or harmful and needing to be dealt with and overcome
- Process: a series of actions or steps taken in order to achieve a particular end
- Profit: a financial gain especially the difference between the amount earned and the amount spent in buying operating or producing something
- Research & Development: work directed toward the creation innovation improvement and introduction of products and processes
- Resources: a stock or supply of money materials staff and other assets that can be drawn on by an organization in order to function effectively
- Reward: something received as a result of achievement
- Risk: the possibility that something unpleasant or unwelcome will happen
- Sales: the exchange of a product or service for money; the action of selling something; the organization within a venture responsible for the selling activities
- Social Responsibility: an obligation to act in ways that benefit society at large
- Something: a product service process position or paradigm
- Solution: products services or processes designed to meet particular need wants and desires
- Strategic Position: the orientation of a venture in relation to the environment in particular the competition
- Team: two or more people working together
- Technology: the application of scientific knowledge for practical purposes
- Time: the indefinite continued progress of existence and events in the past present and future regarded as a whole
- Timing: the choice judgment or control of when something should be done
- Transformation: a qualitative change from one set of elements into another by a predetermined process utilizing a set of resources
- Value: the importance worth or usefulness of something
- Value Equation: Value equals Benefits divided by Price (V = B/P)
- Value Proposition: a promise of value to be delivered and a belief from the customer that value will be experienced
- Venture: a business enterprise involving risk but with a significant reward for success
- Vision: the ability to think about or plan the future with imagination or wisdom
- Want: a strong wish for something
- Work: activity involving mental or physical effort done in order to achieve a purpose or result
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Topics
Accounting
Advertising
Advisor
Analysis
Apps
Attitude
Balance Sheet
Barriers to Entry
Beachhead
Benefits
Better
Books
Bottom Up / Top Down
Brain
Brainstorming
Brainwriting
Budget
Business Flow
Business Model
Cash Flow
Change
Commercialization
Communications
Competition
Competitive Advantage
Concept
Consultant
Corporate Entrepreneurship
CQs
Creativity
Critical Success Factor
Crucial Questions
Crucial Success Factors
Culture
Customer
Decisions
Deploy
Design
Develop
Differentiation
DXpedition
Earn
EBITDA
Education
Effectiveness
Elevator Pitch
Engineering
Enterprise
Entrepreneur
Entrepreneurship
Environment
Evolution
Executive Summary
Exercise
Expenses
Expertise
Failure
Feasibility
Finance
Financial Objectives
Flags
Flowchart
Focus
Funding
Fuzzy-to-Firm
GizmoGadget
Glossary
Goals
Growth
Habits
Healthy Venture
Hiring
HOTI Chart
Hypothesis
Ideas
Ideation
Impact
Income Statement
Industry
Industry Research
Innovate-A-thon
Innovation
Innovator
Intellectual Property
Internet
Intrapreneurship
Invention
Inventory
Investor
Iteration
Knowledge
Launch
Leadership
Lean Startup
Learning
Legal
Luck
Machines
Management
Manpower
Market Research
Marketing
Marketing Brochure
Material
Media
Media Relations
Mentor
Methods
Mindmap
Mindset
Mission
Mistakes
Money
Motivation
Myths
Name
News Release
Niche Market
Non-Profit
Objectives
Operating Agreement
Operations
Opportunity
Passion
Patents
People
Pivot
Planning
Positioning
PR
Presentations
Price
Problems
Process Flow
Product Development
Productivity
Profit
Progress
Promotion
Prototype
Publicity
Questions
Refine
Research
Resources
Return on Investment
Reward
Roadmap
Rules_of_Some
Sales
SCAMPER
SCORE
Scorecard
Skills
Slides
Solution Development
Solutions
SPLUCK
Start-up
Stimulation
Strategies
Strategy
Structure
Success
SWOTT
Tactics
Tagline
Target Market
Team
Teamwork
Technology Readiness Levels
Terminology
Terms
Test
Thinking
Tips
Tools
Transformation
TRL
Validation
Value
Venture
Venture Capital
Venture Creation
Venture Plan
Viability
Vision
Work
Worth
Writing
Glossary
A good way to learn a lot about a topic through language ... what are the key terms that define a particular topic? Here are some of the key innovation and entrepreneurship terms ...