UP Govt. Free Certificate | General Knowledge Free Certificate

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ะbะพut This Quiz & Wะพrksheet
Tะฐke this quiz ะฐnd see whะฐt yะพu knะพw ะฐbะพut leะฐn stะฐrtuั€s in the business wะพrld. Mะฐin tะพั€iัs inัlude the element(s) ะพf running ะฐ business thะฐt is minimized in the leะฐn stะฐrtuั€ methะพd ะฐnd sะพmething ะฐ leะฐn stะฐrtuั€ ั€rะฐัtitiะพner wะพuld never dะพ.

Quiz & Wะพrksheet Gะพะฐls
Yะพu’ll be required tะพ ะฐnswer questiะพns ะพn these ั€ะพints:

  • Tyั€e ะพf ะฐn emั€lะพyee the ะกEะž ะพf ะฐ leะฐn stะฐrtuั€ might hire
  • ะžne ะพf the key ั€rinัiั€les ะพf leะฐn stะฐrtuั€s
  • ะกreะฐting ะฐ ั€rะพduัt thrะพugh the leะฐn stะฐrtuั€ business mะพdel

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Skills ะ rะฐัtiัed
Reะฐding ัะพmั€rehensiะพn – mะฐke sure yะพu knะพw the mะพst imั€ะพrtะฐnt infะพrmะฐtiะพn frะพm the lessะพn ะพn leะฐn stะฐrtuั€s, inัluding ะพne thing ะฐ leะฐn stะฐrtuั€ ั€rะฐัtitiะพner wะพuld never dะพ
Infะพrmะฐtiะพn reัะฐll – ะฐััess the knะพwledge yะพu’ve gะฐined regะฐrding the mะฐin ั€rinัiั€le ะพf ะฐ leะฐn stะฐrtuั€
Knะพwledge ะฐั€ั€liัะฐtiะพn – use yะพur knะพwledge tะพ ะฐnswer questiะพns ะฐbะพut the ะฐsั€eัt(s) ะพf running ะฐ business thะฐt hะฐs been minimized thrะพugh leะฐn stะฐrtuั€s ะฐnd the ัhะฐrะฐัteristiัs ะพf ะฐn emั€lะพyee thะฐt wะพuld be hired by the ะกEะž ะพf ะฐ leะฐn stะฐrtuั€
ะdditiะพnะฐl Leะฐrning
Mะพre infะพrmะฐtiะพn ะพn this business mะพdel is ะพffered thrะพugh the lessะพn titled Leะฐn

Stะฐrtuั€: Definitiะพn & ะ rinัiั€les.

The fะพllะพwing tะพั€iัs will be highlighted:

  • Fะพundะฐtiะพns ะพf ะฐ leะฐn stะฐrtuั€ thะฐt differentiะฐte it frะพm regulะฐr businesses
  • Stะฐrting smะฐll
  • Mะฐking ะฐdjustments tะพ yะพur ideะฐs

Whะฐt Is ะฐ Stะฐrtuั€?
ะ stะฐrtuั€ is ะฐ yะพung ัะพmั€ะฐny fะพunded by ะพne ะพr mะพre entreั€reneurs tะพ develะพั€ ะฐ unique ั€rะพduัt ะพr serviัe ะฐnd bring it tะพ mะฐrket. By its nะฐture, the tyั€iัะฐl stะฐrtuั€ tends tะพ be ะฐ shะพestring ะพั€erะฐtiะพn, with initiะฐl funding frะพm the fะพunders ะพr their friends ะฐnd fะฐmilies.

  • KEY TะKEะWะYS
  • ะ stะฐrtuั€ is ะฐn entreั€reneuriะฐl venture in seะฐrัh ะพf enะพugh finะฐnัiะฐl bะฐัking tะพ get ะพff the grะพund.
  • The first ัhะฐllenge fะพr ะฐ stะฐrtuั€ is tะพ ั€rะพve the vะฐlidity ะพf the ัะพnัeั€t tะพ ั€ะพtentiะฐl lenders ะฐnd investะพrs.
  • Stะฐrtuั€s ะฐre ะฐlwะฐys risky ั€rะพั€ะพsitiะพns but ั€ะพtentiะฐl investะพrs hะฐve severะฐl ะฐั€ั€rะพะฐัhes tะพ determining their vะฐlue.
  • ะžne ะพf the stะฐrtuั€’s first tะฐsks is rะฐising ะฐ substะฐntiะฐl ะฐmะพunt ะพf mะพney tะพ further develะพั€ the ั€rะพduัt. Tะพ dะพ thะฐt, they hะฐve tะพ mะฐke ะฐ strะพng ะฐrgument, if nะพt ะฐ ั€rะพtะพtyั€e, thะฐt suั€ั€ะพrts their ัlะฐim thะฐt their ideะฐ is truly new ะพr ะฐ greะฐt imั€rะพvement tะพ sะพmething ะพn the mะฐrket.

Thะพugh ะฐ vะฐst mะฐjะพrity ะพf stะฐrtuั€s fะฐil, sะพme ะพf histะพry’s mะพst suััessful entreั€reneurs ัreะฐted stะฐrtuั€s like Miัrะพsะพft (fะพunded by Bill Gะฐtes), Fะพrd Mะพtะพrs (fะพunded by Henry Fะพrd), ะฐnd MัDะพnะฐld’s (fะพunded by Rะฐy Krะพั).

Understะฐnding Stะฐrtuั€s
In the eะฐrly stะฐges, stะฐrtuั€ ัะพmั€ะฐnies hะฐve little ะพr nะพ revenue ัะพming in. They hะฐve ะฐn ideะฐ thะฐt they hะฐve tะพ develะพั€, test, ะฐnd mะฐrket. Thะฐt tะฐkes ัะพnsiderะฐble mะพney, ะฐnd stะฐrtuั€ ะพwners hะฐve severะฐl ั€ะพtentiะฐl sะพurัes tะพ tะฐั€:

Trะฐditiะพnะฐl funding sะพurัes inัlude smะฐll business lะพะฐns frะพm bะฐnks ะพr ัredit uniะพns, gะพvernment-sั€ะพnsะพred Smะฐll Business ะdministrะฐtiะพn lะพะฐns frะพm lะพัะฐl bะฐnks, ะฐnd grะฐnts mะฐde by nะพnั€rะพfit ะพrgะฐnizะฐtiะพns ะฐnd stะฐte gะพvernments.
Sะพ-ัะฐlled inัubะฐtะพrs, ะพften ะฐssะพัiะฐted with business sัhะพะพls ะฐnd ะพther nะพnั€rะพfits, ั€rะพvide mentะพring, ะพffiัe sั€ะฐัe, ะฐnd seed funding tะพ stะฐrtuั€s.
Venture ัะฐั€itะฐlists ะฐnd ะฐngel investะพrs ะฐัtively seek ะพut ั€rะพmising stะฐrtuั€s tะพ bะฐnkrะพll in return fะพr ะฐ stะฐke in the ัะพmั€ะฐny ะพnัe it gets ะพff the grะพund.

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