Top Entrepreneurial Topics and Value of SBA

Are entrepreneurs made or born? That is just one of the topics addressed in The Wall Street Journal’s report about Entrepreneurs and the Small Business Administration. The Small Business Administration is one of the first sources my entrepreneurial students consider when asked where they would obtain funds for their venture. Check out some very interesting debates about six small-business issues:

The article about whether entrepreneurs are made or born is something that is discussed in several of my courses. The above graphic demonstrates some of the characteristics of successful entrepreneurs. This discussion creates an interesting debate considering some very talented entrepreneurs dropped out of school. However, as noted in this article, there is a lot to be gained from education as well as from real life experience.

For more comprehensive information about how to be a successful entrepreneur, check out: Top 30 Links for the Successful Entrepreneur.

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Top 10 Most Misunderstood Entrepreneurial Start-up Words

Some of the most interesting companies right now are considering going IPO? If you are confused about what that means, you are not alone. I find that a lot of my students would enjoy reading articles about new start-up companies but avoid them due to the writer’s use of confusing terminology. Having taught entrepreneurship for many years, I have come up with a list of some of the most misunderstood words that have to deal with entrepreneurs and start-up companies to make things a little easier to understand. Click on the links provided below for more information about the definition of the term:

Angel Investors – Investors getting startup from self-funded stage to obtaining venture capital.
Bridge Loan – a short-term way to obtain a loan that meets immediate needs for capital.
IPO – Initial Public Offering – when a private company offers stock and becomes a public company.
Limit Liability Company or LLC – legal form of a company providing limited liability.
Me-Too Product – when competitors’ products are basically indistinguishable for yours.
Portfolio – Holdings of a private investor or institution.
Seed-Funded – investment to start a business until the business can fund itself.
Start-up – Differing opinions on this . . . Check out the article: How do you define a startup?
Valuation – Company’s market worth.
Venture Capital – Money or capital provided to start a business. Those providing money may be referred to as Venture Capitalists.

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