All companies have to start somewhere. From humble beginnings to mighty success, they all have to go through that initial stage. Please take a look at our Start up And Entrepreneur Vocabulary.
Beginner
| Word | Meaning | Example Sentence |
| Idea | A thought or suggestion as to a possible course of action. | She had a great idea for a new app. |
| Start | To begin or initiate. | They want to start a small business. |
| New | Recently made, discovered, or invented. | This is a new product on the market. |
| Work | Activity involving mental or physical effort done in order to achieve a purpose or result. | They work hard to make their business successful. |
| Money | A current medium of exchange in the form of coins and banknotes. | They need money to fund their startup. |
| Team | A group of people with a common purpose. | A strong team is essential for a successful startup. |
| Sell | To exchange a product or service for money. | They hope to sell their products online. |
| Grow | To increase in size or number. | They want to grow their business quickly. |
| Learn | To gain knowledge or skill by studying, experience, or being taught. | Entrepreneurs must learn from their mistakes. |
| Try | To make an attempt or effort to do something. | They will try different marketing strategies. |
Intermediate Start up And Entrepreneur Vocabulary
| Word | Meaning | Example Sentence |
| Venture | A risky or daring journey or undertaking. | Starting a business is a risky venture. |
| Prototype | A first or preliminary version of a device or vehicle from which other forms are developed. | They created a prototype of their new product. |
| Pitch | A persuasive presentation of an idea. | She gave a compelling pitch to investors. |
| Funding | Financial resources provided to support an enterprise. | They are seeking funding for their startup. |
| Market Research | The activity of gathering information about consumers’ needs and preferences. | They conducted thorough market research before launching. |
| Business Plan | A formal document outlining a company’s goals and strategies. | A solid business plan is crucial for success. |
| Networking | Interacting with others to exchange information and develop professional contacts. | Networking is important for finding potential partners. |
| Innovation | The introduction of something new or a new idea, method, or device. | Their startup is focused on technological innovation. |
| Scalable | Capable of being easily expanded or enlarged. | They developed a scalable business model. |
| Bootstrapping | Starting a business with minimal financial resources. | They started the company by bootstrapping. |
Advanced
| Word | Meaning | Example Sentence |
| Disruptive Innovation | An innovation that creates a new market and value network, eventually displacing established market-leading firms. | Their technology represents disruptive innovation in the industry. |
| Venture Capital | Capital invested in a project in which there is a substantial element of risk, typically a new or expanding business. | They secured venture capital to expand their operations. |
| Angel Investor | A wealthy individual who provides capital for a business startup, usually in exchange for convertible debt or ownership equity. | They2 found an angel investor who believed in their vision. |
| Lean Startup | A methodology for developing businesses and products that aims to shorten product development cycles and rapidly discover if a proposed business model is viable. | They followed the lean startup methodology to validate their concept. |
| Minimum Viable Product (MVP) | A version of a product with just enough features to be usable by early customers who can then provide feedback for future product development. | They launched an MVP to gather user feedback. |
| Pivot | A structured course correction designed to test a new fundamental hypothesis about the product, strategy, and engine of growth. | They decided to pivot their business model. |
| Incubator | An organization that helps startup companies to develop by providing services such as management training or office space. | They joined a startup incubator to gain mentorship. |
| Exit Strategy | A contingency plan that is executed by an investor, trader, venture capitalist or business owner to liquidate a position in a financial asset or dispose of tangible business assets once certain predetermined criteria are met or exceeded. | They developed a clear exit strategy for their investors. |
| Due Diligence | Thorough investigation before making a decision. | Investors conducted due diligence before funding the startup. |
| Intellectual Property (IP) | Intangible property resulting from creations of the mind. | They protected their intellectual property with patents. |
We hope you enjoyed our Start up And Entrepreneur Vocabulary.
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