Millennials and business Flashcards

1
Q

entrepreneur

A

someone who starts their own business, especially after seeing a new opportunity.

Have you got a ‘business brain’? Would you like to start your own business? It sounds good, I like the idea of being my own boss.

There’s all these platforms that let you built entrepreneureal ventures much more easily. The growth of things like crowdfunding have helped make entrepreneurship more accessible, led to tons of new start-ups.

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2
Q

crowdfunding

A

getting the funding for a new business by asking a large number of people to give small amounts of money, usually via the internet.

There’s all these platforms that let you built entrepreneureal ventures much more easily. The growth of things like crowdfunding have helped make entrepreneurship more accessible, led to tons of new start-ups. So there’s a lot of new methods for launching businesses and the cost of launching new businesses dropped at the same time.

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3
Q

start-ups

A

newly formed businesses intended to grow rapidly by providing for a particular market gap.

There’s all these platforms that let you built entrepreneureal ventures much more easily. The growth of things like crowdfunding have helped make entrepreneurship more accessible, led to tons of new start-ups.

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4
Q

corrupt

A

acting in morally wrong ways, especially acting illegally in return for money or power.

If you are working in a place with a corrupt and inefficient government, one of the best ways you can push development in your country is to try and make that problem a little bit better. It’s not something that any one individual can do, it has to be a collective effort, but …

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5
Q

collective effort

A

a group of people acting together to achieve a common goal.

If you are working in a place with a corrupt and inefficient government, one of the best ways you can push development in your country is to try and make that problem a little bit better. It’s not something that any one individual can do, it has to be a collective effort, but the more ….

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6
Q

quality of life

A

level of satisfaction and comfort that a person or group enjoys.

but the more we have young, committed, smart people who want to make the world a better place working in government, the more likely government is to start delivering the kind of services we need in order to ensure a high quality of life in that country.

It’s this working together than can raise people’s quality of life.

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