Entrepreneurship and Business — What a business actually is and how it creates value.
Every business, from a lemonade stand to a tech giant, does the same core thing: it creates value for customers and captures part of it as revenue.
Value proposition: The clear reason a customer would choose you over alternatives or over doing nothing.
Business model: The plan for how a business creates, delivers, and captures value: what it offers, to whom, and how money flows.
A target market is the specific group you aim to serve. Trying to serve everyone usually means serving no one well.
Product market fit is the moment a product clearly satisfies real demand, shown by people using it, paying for it, and recommending it.
12 practice questions with explanations. Free, and no account is needed to start.