ESB Lesson 1 Vocab

Front

Autonomy in business

Back

The freedom to work how you want to.

Front

Ambiguous or ambiguity means?

Back

Unclear or uncertain

Front

Risk tolerance:

Back

Willingness to lose time and money when starting a business.

Front

Only businesses in the same industry:

Back

Trade Show

Front

Collateral: Tangible goods a business risks for a loan.

Back

Tangible goods a business puts up for risk in exchange for a loan.

Front

Enthusiasm

Back

Passion for work through ups and downs.

Front

Venture capitalist:

Back

A private investor providing capital to businesses for equity.

Front

Stagnation?

Back

Lack of activity, growth, or development.

Front

All businesses in a local area:

Back

Chamber of Commerce