WThe billionaire space race is the rivalry in NewSpace by entrepreneurs who have entered the space industry from other industries - particularly computing. This private industry space race of the 21st century involves sending rockets to the ionosphere, orbital launch rockets, and suborbital tourist spaceflights.
WBusiness is the activity of making one's living or making money by producing or buying and selling products. Simply put, it is "any activity or enterprise entered into for profit."
WA business man or business woman is a person involved in the business sector – in particular someone undertaking activities for the purpose of generating cash flow, sales, and revenue by utilizing a combination of human, financial, intellectual and physical capital with a view to fueling economic development and growth.
WThe disruptive solutions process (DSP) is a form of iterative, low-cost, first-to-market development created in 2005 by fighter pilot and United States Air Force/Air National Guard Colonel Edward Vaughan. It is primarily used by the Air National Guard to prevent mishaps during the combat operations process.
WFemale entrepreneurs are women who organize and manage an enterprise, especially a business. Female entrepreneurship has steadily increased in the United States during the 20th and 21st century, with female owned businesses increasing at a rate of 5% since 1997. This increase gave rise to wealthy self-made females such as Coco Chanel, Diane Hendricks, Meg Whitman, and Oprah Winfrey.
WGlobal Banking and Finance Awards was started in 2011 by the United Kingdom based Global Banking & Finance Review magazine to recognize notable changes happening in the global financing community. The awards are presented annually and they reflect the innovative, progressive, and inspirational changes taking place within the global financial sector, including banking, corporate finance, Islamic finance, inward investment, tax and accounting, asset management, mergers and acquisitions.
WThe Global Entrepreneurship Summit is an annual event organized by the federal government of the United States, in partnership with foreign government hosts. The summit originated from an event organized by the Obama Administration called the Presidential Summit on Entrepreneurship, which was held in April 2010 in Washington, D.C. It brought together entrepreneurs from the United States, Europe, Africa, the Middle East, South Asia, and Southeast Asia to discuss the importance of social and economic entrepreneurship, establish entrepreneurship as an important area of policy focus, and strengthen mutually beneficial relationships between entrepreneurs.
WThe Misfit Economy: Lessons in Creativity From Pirates, Hackers, Gangsters, And Other Informal Entrepreneurs is a 2015 book by Alexa Clay and Kyra Maya Phillips about the innovators and entrepreneurs amongst the underground economies and grey markets of the world.
WPop-up retail, also known as pop-up store or flash retailing, is a trend of opening short-term sales spaces that last for days to weeks before closing down, often to catch onto a fad or scheduled event.
WSmall businesses are privately owned corporations, partnerships, or sole proprietorships which have fewer employees and/or less annual revenue than a regular-sized business or corporation. Businesses are defined as "small" in terms of being able to apply for government support and qualify for preferential tax policy varies depending on the country and industry. Small businesses range from fifteen employees under the Australian Fair Work Act 2009, fifty employees according to the definition used by the European Union, and fewer than five hundred employees to qualify for many U.S. Small Business Administration programs. While small businesses can also be classified according to other methods, such as annual revenues, shipments, sales, assets, or by annual gross or net revenue or net profits, the number of employees is one of the most widely used measures.
WSocial entrepreneurship is an approach by individuals, groups, start-up companies or entrepreneurs, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs. For-profit entrepreneurs typically measure performance using business metrics like profit, revenues and increases in stock prices. Social entrepreneurs, however, are either non-profits, or they blend for-profit goals with generating a positive "return to society". Therefore, they use different metrics. Social entrepreneurship typically attempts to further broad social, cultural and environmental goals often associated with the voluntary sector in areas such as poverty alleviation, health care and community development.
WA startup ecosystem is formed by people, startups in their various stages and various types of organizations in a location, interacting as a system to create and scale new startup companies. These organizations can be further divided into categories such as universities, funding organizations, support organizations, research organizations, service provider organizations and large corporations. Local Governments and Government organizations such as Commerce / Industry / Trade departments also play an important role in startup ecosystem. Different organizations typically focus on specific parts of the ecosystem function and startups at their specific development stage(s).
WA unicorn bubble is a theoretical economic bubble that would occur when unicorn startup companies are overvalued by venture capitalists or investors. This can either occur during the private phase of these unicorn companies, or in an initial public offering. A unicorn company being one which is valued at, or above, $1 billion US dollars.
WVenture capital (VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the firms they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from the high technology industries, such as information technology (IT), clean technology or biotechnology.
WZero to One: Notes on Startups, or How to Build the Future is a 2014 book by the American entrepreneur and investor Peter Thiel co-written with Blake Masters. It is a condensed and updated version of a highly popular set of online notes taken by Masters for the CS183 class on startups, as taught by Thiel at Stanford University in Spring 2012.