5 important terms for young entrepreneurs

The word entrepreneurship is increasingly present in the lives of young students and university students, and it is normal that this topic may raise doubts, because, along with it, there are several terms used by the market that need to be better explained. Our goal is to help you, in any presentation or negotiation, to be sure to understand and debate the subject.

Next, I will present the five terms which I consider most important for those who are starting to understand this business model, but studying is still their responsibility, so you have to prepare.

Young people are very adept at the coworking work modality.
Young people are very adept at working coworking.

5 important terms for young entrepreneurs

1. startups

Is company with extreme growth potential that seeks to develop or improve a business model to achieve scale in the distribution of its product or service. Eric Ries, author of the book lean startup, define startup as “a group of people looking for a repeatable and scalable business model, working in conditions of extreme uncertainty”.

2. Coworking

Is it a place or shared workspace by several companies. This new way of thinking about the work environment develops a culture of exchanging information, ideas, knowledge and, often, new businesses.

Read too: 5 key characteristics for young entrepreneurs

3. social entrepreneurship

The social entrepreneur creates for-profit business, but which proposes innovative solutions to social or environmental problems. The relationship with profit is one of the aspects that differentiate this model from common entrepreneurship, as the focus is to mobilize people and work for a cause for transformations in society..

4. MEI

Acronym for Individual Microentrepreneur, was created in Brazil so that informal workers are within the legality and, mainly, to promote this formalization with a reduced tax burden - a process that facilitates the opening of companies and legalizes the situation of self-employed professionals and microentrepreneurs.

See too: 5 ways to understand youth entrepreneurship

5. Accelerator

Accelerators are companies whose main objective is support and invest in the development and rapid growth of startups. Acceleration may include financial support, but is mainly based on supporting the creation and development of the business, with sessions of coaching and mentoring for a period.

By New Educa

Source: Brazil School - https://brasilescola.uol.com.br/clube-do-empreendedorismo/5-termos-importantes-para-jovens-empreendedores.htm

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