In our dictionary of entrepreneurial terms, you’ll find a list of entrepreneur-related words, phrases, acronyms, and other vocabulary defined in a plain-English manner. <\/p>\n\n\n\n
Whether your a wantrepreneur<\/em> or an established startup founder, this entrepreneurship glossary has all the jargon and industry-speak words you oughta know. <\/p>\n\n\n\n
\n\n\n\n
![\"download](\"https:\/\/www.goodwall.io\/blog\/wp-content\/uploads\/2020\/09\/cta-blog-download-app-v3.png\")
<\/figure>Are You an Aspiring Entrepreneur?<\/strong><\/p>\n\n\n\n
Sign up to Goodwall!<\/p>\n\n\n\n
- Connect with other entrepreneurs from 150+ countries<\/li>
- Find your next cofounder<\/li>
- Ask questions and receive support<\/li><\/ul>\n\n\n\n
Download the app now to get started for FREE!<\/strong><\/p>\n\n\n\n\n
\n\n \n![](\"https:\/\/www.goodwall.io\/blog\/wp-content\/themes\/goodwallblog\/images\/app-store.svg\")
\n <\/a>\n <\/div>\n \n \n![](\"https:\/\/www.goodwall.io\/blog\/wp-content\/themes\/goodwallblog\/images\/play-store.svg\")
\n <\/a>\n <\/div>\n<\/div>\n\n<\/div><\/div>\n\n\n\n
\n\n\n\nHere are 33+ entrepreneur dictionary terms you should know:<\/strong><\/p>\n\n\n\n
Accelerator<\/strong> – An accelerator is a program to help newer startup businesses improve their growth. Accelerators are different from incubators<\/a> in that they usually only work with startups which already have a business plan and basic strategy in place.<\/p>\n\n\n\n
Business Model<\/strong> – A business model is a description of how an existing business or business idea plans to achieve success, make a profit, and create value. Michael Lewis in his book, The New, New Thing<\/a><\/em>, puts it succinctly as “how you planned to make money.”<\/p>\n\n\n\n
- Key Partners<\/li>
- Key Activities<\/li>
- Primary Resources<\/li>
- Customer Segments<\/li>
- Client Relationships<\/li>
- Value Propositions<\/li>
- Cost Structure<\/li>
- Channels<\/li>
- Revenue Streams<\/li><\/ul>\n\n\n\n
Crowdfunding<\/strong> – Crowdfunding is the practice of raising money online through many small donations from regular people, rather than one larger amount from an investor. The popular website Kickstarter<\/a> is a crowdfunding platform. <\/p>\n\n\n\n
Ecopreneurship<\/strong> – Ecopreneurship<\/em> is entrepreneurship where a major, or perhaps the main, focus of the business is to operate sustainably or to help the environment, such as through recycling<\/a> or fighting climate change<\/a>. Ecopreneurship<\/em> is also known as environmental entrepreneurship<\/em> and green entrepreneurship<\/em>.<\/p>\n\n\n\n
Elevator Pitch<\/strong> – An elevator pitch is a short, to-the-point message from one person to another to propose an idea, often business-related. A startup founder might deliver an elevator pitch to a potential investor seeking funding, for example. Read more on our guide on how to make an elevator pitch<\/a>. <\/p>\n\n\n\n
Environmental Entrepreneurship<\/strong> – See “Ecopreneurship.”<\/p>\n\n\n\n
Fintech<\/strong> – Fintech is a portmanteau word meaning “financial technology,” referring to businesses and startups in the financial sector who use modern technology to facilitate their business. Think Robinhood<\/a>, Revolut<\/a>, or Betterment<\/a>. <\/p>\n\n\n\n
Green Entrepreneurship<\/strong> – See “Ecopreneurship.”<\/p>\n\n\n\n
Incubator<\/strong> – An incubator is a program to assist the newest startup businesses take ideas and create viable business models, strategies, and profit plans for them. Incubators differ from accelerators<\/a> in that many people often seek incubators simply with little more than just a powerful idea.<\/p>\n\n\n\n
Related Read<\/strong>: Everything You Need to Know About Internships<\/a><\/p>\n\n\n\n
Software as a Service<\/strong> – See “SaaS.”<\/p>\n\n\n\n
USP<\/strong> – See “Unique Selling Point.”<\/p>\n\n\n\n
Video Pitch<\/strong> – See “Virtual Elevator Pitch.”<\/p>\n\n\n\n
Virtual Elevator Pitch<\/a><\/strong> – A virtual elevator pitch is a 30- to 60-second video alternative to the traditional elevator pitch, used to pitch ideas, whether to business investors or a community like Goodwall to find climate change solutions<\/a>. Read our guide on why to use one<\/a> and how to make your own virtual elevator pitch<\/a>.<\/p>\n\n\n\n
\n\n\n\nWell, there you have it, all the important vocabulary entrepreneurs need to know to survive and thrive.<\/p>\n\n\n\n
Got any entrepreneurship terms we missed? Let us know in the comments below, and we’ll add it to our glossary of entrepreneur words. Thanks for reading!<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"
In Goodwall’s entrepreneur glossary, you’ll find 15+ entrepreneurship vocabulary words and phrases defined, from angel investors to workshops.<\/p>\n","protected":false},"author":4,"featured_media":305,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[15,35],"acf":[],"yoast_head":"\n
Entrepreneur Glossary: 33+ Entrepreneurship Vocabulary Terms Defined<\/title>\n<meta name=\"description\" content=\"In Goodwall's entrepreneur glossary, you'll find 33+ entrepreneurship vocabulary words and phrases defined, from angel investors to workshops.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Entrepreneur Glossary: 33+ Entrepreneurship Vocabulary Terms Defined\" \/>\n<meta property=\"og:description\" content=\"In Goodwall's entrepreneur glossary, you'll find 33+ entrepreneurship vocabulary words and phrases defined, from angel investors to workshops.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/\" \/>\n<meta property=\"og:site_name\" content=\"Goodwall Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/goodwallapp\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-08T20:19:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-21T16:40:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.goodwall.io\/blog\/wp-content\/uploads\/2019\/12\/entrepreneurship-glossary.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"545\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Christian Eilers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@christianeilers\" \/>\n<meta name=\"twitter:site\" content=\"@Goodwall\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christian Eilers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/\"},\"author\":{\"name\":\"Christian Eilers\",\"@id\":\"https:\/\/www.goodwall.io\/blog\/#\/schema\/person\/221081c26f796bf51a6320e6c07a2480\"},\"headline\":\"An Entrepreneur’s Glossary: 33+ Entrepreneurship Vocabulary Terms Defined\",\"datePublished\":\"2019-12-08T20:19:43+00:00\",\"dateModified\":\"2021-01-21T16:40:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/\"},\"wordCount\":1300,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.goodwall.io\/blog\/#organization\"},\"keywords\":[\"entrepreneurship\",\"self-improvement\"],\"articleSection\":[\"Entrepreneurship\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/\",\"url\":\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/\",\"name\":\"Entrepreneur Glossary: 33+ Entrepreneurship Vocabulary Terms Defined\",\"isPartOf\":{\"@id\":\"https:\/\/www.goodwall.io\/blog\/#website\"},\"datePublished\":\"2019-12-08T20:19:43+00:00\",\"dateModified\":\"2021-01-21T16:40:24+00:00\",\"description\":\"In Goodwall's entrepreneur glossary, you'll find 33+ entrepreneurship vocabulary words and phrases defined, from angel investors to workshops.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.goodwall.io\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"An Entrepreneur’s Glossary: 33+ Entrepreneurship Vocabulary Terms Defined\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.goodwall.io\/blog\/#website\",\"url\":\"https:\/\/www.goodwall.io\/blog\/\",\"name\":\"Goodwall Blog\",\"description\":\"Next Generation Community to Connect and Discover Opportunities\",\"publisher\":{\"@id\":\"https:\/\/www.goodwall.io\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.goodwall.io\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.goodwall.io\/blog\/#organization\",\"name\":\"Goodwall\",\"url\":\"https:\/\/www.goodwall.io\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.goodwall.io\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.goodwall.io\/blog\/wp-content\/uploads\/2019\/12\/goodwall-logomark-2019.jpg\",\"contentUrl\":\"https:\/\/www.goodwall.io\/blog\/wp-content\/uploads\/2019\/12\/goodwall-logomark-2019.jpg\",\"width\":561,\"height\":561,\"caption\":\"Goodwall\"},\"image\":{\"@id\":\"https:\/\/www.goodwall.io\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/goodwallapp\",\"https:\/\/twitter.com\/Goodwall\",\"https:\/\/instagram.com\/goodwallapp\",\"https:\/\/www.linkedin.com\/company\/goodwall\/\",\"https:\/\/www.youtube.com\/channel\/UCVTAXpA-MqFgm2s6dxH8Sqw\",\"https:\/\/en.wikipedia.org\/wiki\/Goodwall\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.goodwall.io\/blog\/#\/schema\/person\/221081c26f796bf51a6320e6c07a2480\",\"name\":\"Christian Eilers\",\"description\":\"Christian Eilers is a writer and expert on the topics of education, entrepreneurship, career advice, travel, and culture. On the Goodwall Blog, he covers topics including self-improvement, social impact, college preparation, career development, climate action, and more. Christian is originally from New York City and now resides in Kyiv, Ukraine after living in Warsaw, Poland for the past 4 years. At his desk, you're sure to find Pickwick, his Devon Rex cat, either attacking his fingers as he types or the monitor as the mouse pointer moves around.\",\"sameAs\":[\"https:\/\/djaunter.com\/\",\"https:\/\/www.linkedin.com\/in\/christianeilers\/\",\"https:\/\/twitter.com\/christianeilers\"],\"url\":\"https:\/\/www.goodwall.io\/blog\/author\/chris\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Entrepreneur Glossary: 33+ Entrepreneurship Vocabulary Terms Defined","description":"In Goodwall's entrepreneur glossary, you'll find 33+ entrepreneurship vocabulary words and phrases defined, from angel investors to workshops.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/","og_locale":"en_US","og_type":"article","og_title":"Entrepreneur Glossary: 33+ Entrepreneurship Vocabulary Terms Defined","og_description":"In Goodwall's entrepreneur glossary, you'll find 33+ entrepreneurship vocabulary words and phrases defined, from angel investors to workshops.","og_url":"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/","og_site_name":"Goodwall Blog","article_publisher":"https:\/\/www.facebook.com\/goodwallapp","article_published_time":"2019-12-08T20:19:43+00:00","article_modified_time":"2021-01-21T16:40:24+00:00","og_image":[{"width":1200,"height":545,"url":"https:\/\/www.goodwall.io\/blog\/wp-content\/uploads\/2019\/12\/entrepreneurship-glossary.png","type":"image\/png"}],"author":"Christian Eilers","twitter_card":"summary_large_image","twitter_creator":"@christianeilers","twitter_site":"@Goodwall","twitter_misc":{"Written by":"Christian Eilers","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/#article","isPartOf":{"@id":"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/"},"author":{"name":"Christian Eilers","@id":"https:\/\/www.goodwall.io\/blog\/#\/schema\/person\/221081c26f796bf51a6320e6c07a2480"},"headline":"An Entrepreneur’s Glossary: 33+ Entrepreneurship Vocabulary Terms Defined","datePublished":"2019-12-08T20:19:43+00:00","dateModified":"2021-01-21T16:40:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/"},"wordCount":1300,"commentCount":0,"publisher":{"@id":"https:\/\/www.goodwall.io\/blog\/#organization"},"keywords":["entrepreneurship","self-improvement"],"articleSection":["Entrepreneurship"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/","url":"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/","name":"Entrepreneur Glossary: 33+ Entrepreneurship Vocabulary Terms Defined","isPartOf":{"@id":"https:\/\/www.goodwall.io\/blog\/#website"},"datePublished":"2019-12-08T20:19:43+00:00","dateModified":"2021-01-21T16:40:24+00:00","description":"In Goodwall's entrepreneur glossary, you'll find 33+ entrepreneurship vocabulary words and phrases defined, from angel investors to workshops.","breadcrumb":{"@id":"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.goodwall.io\/blog\/entrepreneur-glossary\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.goodwall.io\/blog\/"},{"@type":"ListItem","position":2,"name":"An Entrepreneur’s Glossary: 33+ Entrepreneurship Vocabulary Terms Defined"}]},{"@type":"WebSite","@id":"https:\/\/www.goodwall.io\/blog\/#website","url":"https:\/\/www.goodwall.io\/blog\/","name":"Goodwall Blog","description":"Next Generation Community to Connect and Discover Opportunities","publisher":{"@id":"https:\/\/www.goodwall.io\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.goodwall.io\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.goodwall.io\/blog\/#organization","name":"Goodwall","url":"https:\/\/www.goodwall.io\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.goodwall.io\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.goodwall.io\/blog\/wp-content\/uploads\/2019\/12\/goodwall-logomark-2019.jpg","contentUrl":"https:\/\/www.goodwall.io\/blog\/wp-content\/uploads\/2019\/12\/goodwall-logomark-2019.jpg","width":561,"height":561,"caption":"Goodwall"},"image":{"@id":"https:\/\/www.goodwall.io\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/goodwallapp","https:\/\/twitter.com\/Goodwall","https:\/\/instagram.com\/goodwallapp","https:\/\/www.linkedin.com\/company\/goodwall\/","https:\/\/www.youtube.com\/channel\/UCVTAXpA-MqFgm2s6dxH8Sqw","https:\/\/en.wikipedia.org\/wiki\/Goodwall"]},{"@type":"Person","@id":"https:\/\/www.goodwall.io\/blog\/#\/schema\/person\/221081c26f796bf51a6320e6c07a2480","name":"Christian Eilers","description":"Christian Eilers is a writer and expert on the topics of education, entrepreneurship, career advice, travel, and culture. On the Goodwall Blog, he covers topics including self-improvement, social impact, college preparation, career development, climate action, and more. Christian is originally from New York City and now resides in Kyiv, Ukraine after living in Warsaw, Poland for the past 4 years. At his desk, you're sure to find Pickwick, his Devon Rex cat, either attacking his fingers as he types or the monitor as the mouse pointer moves around.","sameAs":["https:\/\/djaunter.com\/","https:\/\/www.linkedin.com\/in\/christianeilers\/","https:\/\/twitter.com\/christianeilers"],"url":"https:\/\/www.goodwall.io\/blog\/author\/chris\/"}]}},"jetpack_featured_media_url":"https:\/\/www.goodwall.io\/blog\/wp-content\/uploads\/2019\/12\/entrepreneurship-glossary.png","_links":{"self":[{"href":"https:\/\/www.goodwall.io\/blog\/wp-json\/wp\/v2\/posts\/303"}],"collection":[{"href":"https:\/\/www.goodwall.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.goodwall.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodwall.io\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodwall.io\/blog\/wp-json\/wp\/v2\/comments?post=303"}],"version-history":[{"count":0,"href":"https:\/\/www.goodwall.io\/blog\/wp-json\/wp\/v2\/posts\/303\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.goodwall.io\/blog\/wp-json\/wp\/v2\/media\/305"}],"wp:attachment":[{"href":"https:\/\/www.goodwall.io\/blog\/wp-json\/wp\/v2\/media?parent=303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.goodwall.io\/blog\/wp-json\/wp\/v2\/categories?post=303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.goodwall.io\/blog\/wp-json\/wp\/v2\/tags?post=303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}