51 Entrepreneurial Terms Every Entrepreneur Should Know 👉 Angel Investor: Your rich uncle who believes in you. 👉 Bootstrapping: Building a business on ramen noodles. 👉 Burn Rate: How fast you're burning through cash. 👉 Business Model: The plan that (hopefully) works. 👉 Capital: Fancy term for money you need. 👉 Cash Flow: Money in, money out, hopefully in that order. 👉 Churn Rate: How quickly customers bail on you. 👉 Co-Working Space: Office sharing for the broke and hopeful. 👉 Crowdfunding: Begging strangers for money online. 👉 Customer Acquisition Cost (CAC): How much you spend to get someone to care. 👉 Disruption: Shaking up the industry because you’re bored. 👉 Equity: Your piece of the pie. 👉 Exit Strategy: Your plan to bail with cash. 👉 Freemium: Free with a catch. 👉 Incubator: Startup daycare center. 👉 Intellectual Property (IP): Your ideas with a lock on them. (1/n) cont.... ~ Follow For More on Medial!!
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