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10 Cards in this Set

  • Front
  • Back
artisan entrepreneur
a person with primarily technical skills and little business knowledge who starts a business
attractive small firm
a small firm that provides substantial profits to its owner
bootstrapping
doing more with less in terms of resources invested in a business and where possible controlling the resources without owning them
entrepreneur
a person who is relentlessly focused on an opportunity either in a new or existing business to create value both for the customer and the owner. the entrepreneur assumes both the risk and reward for his or her effort
entrepreneurial legacy
material assets and intangible qualitites passed on to both heirs and society
entrepreneurial opportunity
an economically attractive and timely opportunity that creates value for interested buyers or end users
entrepreneurial team
two or more people who work together as entrepreneurs on one endeavor
external locus of control
a belief that one's life is controlled more by luck or fate than by one's own efforts
founder
an entrepreneur who brings a new firm into existence
franchisee
an entrepreneur whose power is limited by a contractual relationship with a franchising organization