An investment round is a phase during which a startup raises capital to fund its operations or scale its business. These rounds are typically categorized as seed funding, Series A,…
A Non-Disclosure Agreement (NDA) is a legally binding contract designed to protect confidential information from being disclosed to unauthorized third parties. It is typically used when businesses share sensitive information,…
Market research is the process of gathering, analyzing, and interpreting information about a market, including information about the target audience, competitors, and the industry as a whole. This research helps…
Market penetration refers to the strategy of entering and increasing a company’s share in a specific market. This involves selling existing products to new customers or increasing the frequency of…
Market opportunity refers to a potential area of business expansion where demand exceeds current supply or where a new solution can address an unmet need. It represents a favorable environment…
Market fit refers to the degree to which a product satisfies the demands of its target market. Achieving market fit is crucial for the success of any startup, as it…
A Minimum Viable Product (MVP) is a basic version of a product that is created to test a business idea in the market with the least amount of effort and…
The Lean Startup methodology is a business approach focused on creating and managing startups more efficiently by building a minimum viable product (MVP), testing hypotheses, and iterating based on feedback.…
Lead conversion is the process of transforming potential customers, known as leads, into paying clients. This vital step in the sales funnel involves nurturing leads through targeted strategies and ensuring…
A joint venture (JV) is a strategic partnership between two or more businesses to achieve a common goal. In a JV, companies pool their resources, expertise, and capital to undertake…
Idea validation is the process of assessing whether a business idea has the potential to succeed before committing significant resources. It involves gathering feedback from your target audience, analyzing market…
Growth hacking refers to using innovative, low-cost strategies to achieve rapid and scalable business growth. It often combines marketing, product development, and analytics to identify opportunities for exponential growth. Popular…
A Founder’s Agreement is a legal document that outlines the roles, responsibilities, equity distribution, and decision-making processes among co-founders of a business. It helps establish clarity and prevent conflicts, ensuring…
An exit strategy outlines how business owners plan to sell or transfer ownership of their company. It ensures a smooth transition, maximizes returns, and reduces risks for stakeholders. Exit strategies…
Due diligence is the process of thoroughly investigating a business, investment, or opportunity before making a decision. It is often used in mergers, acquisitions, and investments to ensure that all…
Customer experience (CX) refers to the overall perception a customer has of a brand based on their interactions across various touchpoints. It encompasses everything from the first contact with a…
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