StartupA new business venture in its early stages
Definitions:
A newly established business.
EntrepreneurPerson who starts and runs a business, taking on financial risks
Definitions:
A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
InnovationIntroduction of something new or different
Definitions:
The action or process of innovating, a new method, idea, product, etc.
IterationThe process of repeating a process with the aim of reaching a desired goal
Definitions:
The repetition of a process in order to generate a sequence of outcomes.
PivotA fundamental change in approach or underlying assumptions
Definitions:
To make a fundamental change to a business strategy or policy.