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November 7 - December 22, 2023
A framework is a collection of generic components, such as user accounts and authentication schemes that are reused frequently, allowing developers to build, test, and launch websites more quickly.
Popular frameworks for these languages include Django and Flask for Python Rails and Sinatra for Ruby Zend and Laravel for PHP
Apple devices are programmed using Objective-C or Swift, and Android devices are programmed using Java.
Building mobile web apps is done using HTML, CSS, and JavaScript.
Built using Java for use on Android devices, and Objective-C or Swift for use on Apple devices (iOS), native mobile apps must be uploaded to an app store, which may require approvals.
To be clear, native mobile apps offer better performance and a greater number of features, but they require longer development times and are more expensive to build than mobile web apps.
C++ is preferred when speed and performance is extremely important, and is used to program web browsers, such as Chrome, Firefox, and Safari, along with games like Call of Duty, and Counter Strike. Java is preferred by many large-scale business, and is also the language used to program apps for the Android phone. Finally, FORTRAN is not as widespread or popular as it once was, but it is popular within the scientific community, and it powers some functionality in the financial sector, especially at some of the largest banks in the world, many of which continue to have old code.
a pro forma or estimated statement of income, expenses, and profit,
Runway: The amount of time funding needs to last before your business becomes profitable and self-sufficient or until additional funding will be required
Burn rate: The speed with which you expect to spend the funding you’ve raised
bootstrapped, the longstanding term for ventures that succeed using their own rather than outside resources.
Community-supported agriculture (CSA) programs pair local farmers with consumers who pay a set fee in advance in return for a weekly load of produce during the summer growing season.
Condominium projects sell units to prospective owners before the builder ever breaks ground.
locavestors, who invest in new neighborhood businesses both to earn a return on their investments and to help build stronger local communities.
peer-to-peer or P2P lenders. They connect those seeking business funding with those willing to lend it,
Also called microcredit, microfinancing brings financial services to small business owners who lack access to financial services or lending opportunities.
Muhummad Yunus, founder of Grameen Bank in Bangladesh, the Nobel Peace Prize in 2006.
Venture capitalists are individuals or, more often, professional asset managers (in other words, investor groups) who seek a high rate of return for capital invested in businesses,
start-up, called seed capital,
during growth phases, called early-stage and expansio...
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investor exit or cash-out
Angels are successful and wealthy entrepreneurs who buy into up-and-coming companies, offering not only money but also expertise and guidance.
The space simulation game Star Citizen broke the world record for crowd-funded games by raising $4.2 million.
The virtual reality headset by Oculus Rift exceeded a $250,000 crowdfunding goal by raising a whopping $2.4 million before being purchased by Facebook for $2 billion.
Reading Rainbow, a TV show which encourages kids to read, raised more than $5 million in 35 days.
When Alexander Graham Bell called Mr. Watson through his newfangled invention in 1876, he had competition already.
In nature, the peacock’s tail, the rose’s scent, and the apple’s sweetness are the marketing tools.
Every customer who purchases a movie ticket — nothing else — represents an opportunity to seize a greater share of customer, also known as share of billfold.
Years ago, Coca-Cola released research documenting that nearly 6 billion people in the world were consuming, on average, 64 ounces of fluid a day. Of that total intake, only 2 ounces of the liquid consumed was Coca-Cola. Coca-Cola officials used this information as the basis of an effort to increase what the company termed its share of stomach.
Evaluate your top of mind ranking — sometimes called your mind share. When prospects are asked to name three to five businesses in your field, does your name consistently make the list?
The common rule is that a 25 percent market share is considered a dominant market position.
Market saturation occurs when a business captures the sales of about 40 percent of the potential customers within its target market,
Bonds are loans that a company must pay back.
The primary disadvantage of issuing bonds compared with issuing stock, from a company’s perspective, is that the company must repay this money with interest. On the other hand, the business doesn’t have to relinquish ownership when it borrows money.
One of the numerous drawbacks of establishing your company as public includes the burdensome financial reporting requirements, such as publishing quarterly earnings statements and annual reports.
Some companies also harm their long-term planning ability because of the pressure and focus on short-term corporate performance that comes with being a public company.
issue stock for the first time, which is called an initial public offering (IPO).
To determine the price-earnings ratio of a particular company’s stock, you take the price per share of the company’s stock and divide it by the company’s earnings per share.
eloquently said in his classic book A Random Walk Down Wall Street, this theory, “Taken to its logical extreme … means that a blindfolded monkey throwing darts at a newspaper’s financial pages could select a portfolio that would do just as well as one carefully selected by the experts.”
United States successfully emerged from a terrible recession in the mid-1970s, the economy seemed to be on the right track. But within just a few years, the economy was in turmoil again. The annual increase in the cost of living (known as the rate of inflation) burst through 10 percent on its way to 14 percent.
The Federal Reserve is the central bank of the United States.
M2 (the leading measure of the money supply).
Quantitative easing can be thought of as an expansion of the central bank’s balance sheet with no intentional change in its composition.
