A B C E N V

Angel Investor

Definition: An angel investor is an individual who provides financial support and mentorship to early-stage startups in exchange for equity or ownership in the company. They typically invest their own personal funds and have a high tolerance for risk. How-to Guide: Prepare a Solid Business Plan: Before seeking angel investment, develop a comprehensive business plan…

Bootstrapping

Definition: Bootstrapping is a method of starting or growing a business without external funding or relying on external investors. It involves using your own resources, creativity, and frugality to fund and develop your business. Bootstrapping is commonly adopted by entrepreneurs who want to maintain full control over their business or who have limited access to…

Business Accelerator

Definition: A business accelerator is a program or organization that helps startups and early-stage companies grow and scale rapidly by providing them with resources, mentorship, networking opportunities, and sometimes funding. It aims to accelerate the development of a business by offering a structured and intensive program that focuses on specific goals and milestones. How-to Guide:…

Business Incubator

Definition: A business incubator is a program or organization that provides support and resources to startups and early-stage businesses to help them grow and succeed. It offers a supportive environment, shared workspace, mentoring, access to funding, and a range of business services to nurture and accelerate the growth of new ventures. How-to Guide: Research and…

Crowdfunding

Definition: Crowdfunding is a financing method that involves raising funds for a project or venture by collecting small contributions from a large number of people, typically via an online platform. It allows entrepreneurs, startups, and individuals to access capital from a diverse pool of investors, supporters, or donors. How-To Guide: Define Your Project: Clearly articulate…

Elevator Pitch

Definition: An elevator pitch is a concise and compelling overview of a product, service, or business idea that can be delivered in the span of an elevator ride, typically 30 to 60 seconds. It aims to capture the attention of the listener, create interest, and spark further conversation or engagement. How-To Guide: Identify Your Goal:…

Entrepreneur

Definition: An entrepreneur is an individual who identifies a market opportunity and organizes the resources needed to pursue it. This pursuit often involves starting a business or company. The entrepreneur takes on financial risks with the aim of making profits. At their core, entrepreneurs are innovators and change-makers. They push economic growth by launching new…

Networking

Definition: Networking refers to the act of establishing and nurturing professional relationships with individuals and groups in order to exchange information, knowledge, contacts, and opportunities. It is a strategic and proactive approach to building a network of connections that can be beneficial for personal and professional growth. How-To Guide: Set Clear Goals: Define your networking…

Venture Capital

Definition: Venture capital is a form of financing provided by investment firms or individuals, known as venture capitalists, to early-stage or high-growth startups and companies with high growth potential. In exchange for their investment, venture capitalists usually acquire an equity stake in the company and play an active role in its management and decision-making processes….