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25 Cards in this Set

  • Front
  • Back
  • 3rd side (hint)

High-Potential Ventures

A small firm that has great prospects for growth

Gazelle

Attractive Small Firms

A small firm that provides substantial profits to its owner

Microbusiness

A small firm that provides minimal profits to its owner

Lifestyle Business

A microbusiness that permits the owner to follow a desired pattern of living

Small Businesses

A business with growth potential that is small compared to large companies in an industry, has geographically localized operations, is financed by only a few individuals, and has a small management team

Microloans

Very small loans, often provided to entrepreneurs in developing countries

Entrepreneurial Opportunity

An economically attractive and timely opportunity that creates value for interested buyers or end users

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 relentlessly pursues an opportunity, in either a new or existing business, to create value while assuming both the risk and reward for his or her efforts

Founders

An entrepreneur who brings a new firm into existence

Francisees

An entrepreneur whose power is limited by a contractual relationship with a franchising organization

Entrepreneurial Team

Two or more people who work together as entrepreneurs on one endeavor

Social Entrepreneurship

Entrepreneurial activity whose goal is to find innovative solutions to social needs, problems, and opportunities

Reluctant Entrepreneurs

A person who becomes an entrepreneur as a result of some severe hardship

Corporate Refugees

A person who becomes an entrepreneur to escape an undesirable job situation

Mentors

A knowledgeable person who can offer guidance based on experience in a given field

Paradigm Shift

A change in how we fundamentally see a situation

Manager Personality

A personality that is pragmatic and likes order and planning operations

Technician Personality

A personality that focuses on an already developed technical skill, wants to be left alone to get the job done, and is primarily concerned about the present

Entrepreneur Personality

A personality that focuses on the business as a whole and providing results for the customer

Niche Market

A specific group of customers with an identifiable but narrow range of product or service interests

Entrepreneurial Legacy

Material assets and intangible qualities passed onto both heirs and society

Corporate Refugee

A person who becomes an entrepreneur to escape an undesirable job situation

Founder

an entrepreneur who brings a new firm into existence

Attractive Small Firm

A small firm that provides substantial profits to its owner