Shark Tank Vocabulary

the activity of setting up a business or businesses and the steps to achieve success in that business.

• entrepreneurship

• guesswork

• business

• profit plan

An entrepreneur can be called which of the following?

Select all that apply.

• businessman

• coach

• non profit worker

• business woman

a design for the successful operation of a business, identifying revenue sources, customer base, products, and details of financing

• entrepreneurship

• business canvas

• plan

• business model

individuals or companies that invest in new businesses in exchange for partial ownership or other benefits, such as royalties, from those businesses

• venture capitalist

• businessman

• business owner

• financier

Angel investors generally invest in what type of company?

• Startups

• Big corporations

• Established businesses

• failing businesses

a speech to convince investors or consumers that your product is worth investing in or buying

• presentation

• pitch

• marketing plan

• demand/ask

The demand or ask is a speech to convince investors or consumers that your product is worth investing in or buying.

• True

• False

The valuation of a company is which of the following?

• The worth of a company

• how much a company is appreciated

• On Shark Tank, the amount demanded divided by the percentage of equity.

• A random value based on a guess.

Equity in business is the same as which of the following?

Select all that apply.

• stake

• ownership

• fairness

• equality

A patent protects an invention, process, or design for a set period of time.

• True

• False