Entrepreneurial couples who work together

Entrepreneurial couples who work together 

Entrepreneur

 

·         one who creates a new business in the face of risk and uncertainty for the purpose of achieving profit and growth by identifying significant opportunities and assembling the necessary resources to capitalize on them.

 

opportunity entrepreneurs

 

·         entrepreneurs who start businesses because they spot an opportunity in the marketplace.

 

necessity entrepreneurs

 

·         entrepreneurs who start businesses because they cannot find work any other way.

 

serial entrepreneurs

 

·         entrepreneurs who repeatedly start businesses and grow them to a sustainable size before striking out again.

 

Bootstrapping

 

·         a strategy that involves conserving money and cutting costs during start-up so that entrepreneurs can pour every available dollar into their businesses.

 

sssocial entrepreneurs

·         entrepreneurs who use their skills not only to create profitable businesses but also to achieve economic, social, and environmental goals for the common good.

 

cloud computing

 

·         internet-based subscription or pay-per-use software services that allow business owners to use a variety of business applications, from database management and inventory control to customer relationship management and accounting.

 

Micromultinationals

 

·         small companies that operate globally from their inception.

 

family-owned

business

·         one that includes two or more members of a family with financial control of the company.

 

Copreneurs

 

·         entrepreneurial couples who work together as co-owners of their businesses.

 

small business

 

·         one that employs fewer than 100 people.

 

Gazelles

 

·         small companies that are growing at 20 percent or more per year with at least $100,000 in annual sales; they create 70 percent of net new jobs in the economy.