Entrepreneurship

Venture Capital
An investment model that assumes most bets will lose money entirely — and is specifically designed so a handful of huge wins still make the whole fund profitable.

Bootstrapping
A path to building a company where the founder never has to give up a single percentage point of ownership — but only if the business can survive on its own money the entire way.

Franchising
A business model that trades away some independence for something genuinely valuable: skipping most of the guesswork of an unproven business idea.

Startups
A business model built around the explicit expectation that most attempts will fail — and that a small number of huge successes are expected to make up for it.