entrepeneurs & business Flashcards
Innovative; focused on starting and managing businesses.
entrepreneurial
The process of starting and running a business.
entrepreneurship
To assist or help someone or something.
to support, supportive
Something that motivates or encourages creativity or action.
a source of inspiration
The ability to develop or achieve something in the future.
potential
To earn more money than spent.
to make a profit
To lose money; spend more than earned.
to make a loss
Able to generate profit; financially successful.
profitable
To reduce costs or spending.
to cut expenses
Ongoing business costs, like rent and utilities.
overheads
An advantage or positive outcome.
a benefit
Helpful; providing an advantage or positive effect.
beneficial
A person hired to work for a company or organization.
employee
A person or company that hires and pays employees.
employer
Chief Executive Officer; the top executive in a company.
CEO
A fixed regular payment, usually monthly or yearly, for work.
salary
The highest amount of pay allowed for a job or position.
a maximum wage
Basic, unprocessed materials used to make products.
raw materials
A new business, typically focused on innovation or growth.
a start up
To establish or create a new business.
to found a company
The person who establishes or starts a company or organization.
founder
A person or company that competes in the same market or industry.
a competitor
To strive against others for a goal or prize.
to compete
Eager to win or succeed; focused on outperforming others.
competitive