Module 1 entrepreneurship & academic reading circles
Ondernemerschap Entrepreneurship
= a person who starts a business/the activity of starting
businesses for profit
Startup Start-up
= a newly establishes business
Directeur Chief executive
Buiten de grafieken Off the charts
Kostinflatie Cost inflation
Duidelijke tekorten Outright shortages
Hardnekkig Persistent
Inkomsten Revenues (turnover)
Stijgen To increase
Een grote terugslag A big bounce back
Bruto jaarlijks Gross annual
Kostenbesparingen Expense savings
Nettowinst Net profit
Inputkosten Input costs
Stijgen To rise
Percentage Percentage
Winstgevendheid Profitability
Een account An account
Een aantal An amount
Een voordeel/ winst Benefit
Om het verschil te maken To differ
Focussen To focus
Vertrouwen op To rely on
Resultaat Result
Slagen To succeed
Lijden To suffer
Geven en nemen Give and take
Dos and don’ts Do’s and don’ts
Stukken en beetjes Bits and pieces
Ver en dichtbij Far and away
Ups-and-downs
Over and out
Winst en verlies Profit and loss
Pick and choose
In and outs
Trial and error
Concurrentievoordeel Competitive edge
= a small advantage on the market
Overname Acquisitions (not the same as merges)
= companies bought by other companies
Factuur Invoice
= documents with request to pay for products
Aandeelhouders Shareholders
= someone who owns a part in a business
Risico Venture
= a risky project or business idea
Winst Profit
= financial gain
Investeerder Investor
= a person that puts money into a project or small business,
with the hope of eventually receiving profit
Versneller Accelerator
= an organization or project that promotes or supports the
fast growth of small businesses
Incubator Incubator
, = an organization or space dedicated to supporting new
business ventures
Netwerken Networking
= to increase your community of professional connections
Auteursrechten Copyright
= the exclusive legal right to use and reproduce literary,
artistic, or musical material
Patent Patent
=authorization or license granted to an inventor that
prevents others from making, using, or selling their
invention
Handelsmerk Trademark
= a symbol, words, or a phrase officially registered for a
company
Bijverdienste Side hustle
=slang for your side project or business
Risico nemen Take risks
= to make choices with uncertain outcomes
Lanceren Launch
= to initiate, start or release
Pitchen Pitch
=to propose a business idea, usually with the goal of
obtaining a contract or funding
Medewerker Associate/ partner
= when two people start a business, they’re each other’s
associates or partners
Outsourcen Outsourcing
= obtain goods or recourses from a source outside your
company
Bondgenootschap Strategic alliance
= a relationship between two companies that helps both
companies reach their goals
Kapitaal Capital
= wealth or assets available to invest in a project or
business
Risicokapitaal Venture capital
= capital invested in a project where there is significant risk
An entrepreneur =
• A person who undertakes the risk of starting a new business venture is called an entrepreneur
• An entrepreneur creates a firm, which aggregates capital and labor to produce goods or services for profit
• Entrepreneurship is an important driver of economic growth and innovation
• Entrepreneurship is high-risk, but also can be high reward as it serves to generate economic wealth, growth, and
innovation
Welcome to the start-up jungle
Transformatief Transformative
Tegen iets opstapelen To be stacked against something
Een knooppunt A hub
Goederenhandelaar Commodity trader
Augmented reality Augmented reality
Boeiend, innemend Engaging
Verdringen To supplant
Kampioen worden To champion
Moordenaar Cut-throat
Afbetalen To pay-off
Toepasselijk Applicable
Proliferatie (=verspreiding) Proliferation
Vernietiging, ondergang Demise
Levensvatbaar product Viable product
Cutting-edge, op de rand Cutting-edge
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