Arbus 200 - Chapter 7 Flashcards
(10 cards)
1
Q
Characteristics of a Start-up
A
- focuses on innovation
- scalable business model
- rapid growth potiental
- high-risk environment
2
Q
difference between business and start up
A
business: permanently established, successful business model, long term potiental for success, traditional methods
Startups: very risky, search for unique and profitable business model, temporary nature, non traditional methods
3
Q
Role of incubators and accelerators
A
- support for startups
- mentorship opportunities
- connections to investors
4
Q
funding sources for startups
A
- venture capital funding
- angel investors
- crowdfunding platforms
5
Q
reasons for startup failures
A
- lack of market demand
- not enough capital (money)
- poor team dynamics
- bad business planning
- ignoring customer feedback
6
Q
Importance of strong business model
A
- foundation for success
- value creation (how will it create value for customers)
- profitability and sustainability (clear revenue streams and cost structures)
7
Q
emerging trends and sectors for startups
A
- fintech growth
- health and tech innovations
- sustainability efforts
8
Q
4 key players in the startup ecosystem
A
- entrepreneurs
- investors
- incubators
- accelerators
9
Q
how to overcome startup challenges
A
- idea validation (mae sure it fits in the market)
- customer feedback
- leveraging partnerships
10
Q
A
