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"Statistics and breaking down stereotypes that operate as socially constructed barriers is definitely what drives my passion for working in this specific entity of Y.A.B. From working in politics, specifically with donors who are predominantly business owners at large levels, I have seen the impact and influence that business has on so many industries and unfortunately, historically women of color have not always been allotted the opportunity to be in the driver’s seat on the road to global decision making yet culturally, we have possessed the greatest impact on society and business marketing. I feel that there is a way to bridge the gap between those two spectrums and that begins with resources, social enterprise, and opportunity, which is ultimately what we try to provide through the business development entity of Y.A.B."
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A breakdown of "Business Buzzwords and Phrases"
CEO (Chief Executive Officer): a chief executive officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.
Founder: The entrepreneur who started a business. The origin of the word is that a founder originally meant a person who forges steel; similarly, the founder of a company is forging the new entity.
Co-Founder: A person who, in conjunction with one or two other individuals, is instrumental in starting a business, charity or some other enterprise.
Entrepreneur: a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Social Enterprise: an organization that applies commercial strategies to maximize improvements in human and environmental well-being—this may include maximizing social impact alongside profits for external shareholders.
Capital: wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
Venture Capital: capital invested in a project in which there is a substantial element of risk, typically a new or expanding business.
Angel Investor: an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity.
Chamber of Commerce: a local association to promote and protect the interests of the business community in a particular place.
Change Agent: a person from inside or outside the organization who helps an organization transform itself by focusing on such matters as organizational effectiveness, improvement, and development.
Impact: have a strong effect on someone or something.
Incentivize: provide (someone) with an incentive for doing something.
Move the Needle: make a noticeable or significant difference in something.
Wheelhouse: within one's area of expertise or interest
Deliverable: a thing able to be provided, especially as a product of a development process.
Low-hanging fruit: a thing or person that can be won, obtained, or persuaded with little effort.
Storytelling: the activity of telling or writing stories.
Branding: The process involved in creating a unique name and image for a product in the consumers' mind, mainly through advertising campaigns with a consistent theme.
Marketing: The management process through which goods and services move from concept to the customer.
Advertising: the activity or profession of producing advertisements for commercial products or services.
Sales: the exchange of a commodity for money; the action of selling something.
Revenue: income, especially when of a company or organization and of a substantial nature.
Non-Profit: not making or conducted primarily to make a profit.
For Profit: denoting an organization that operates to make a profit, especially one (such as a hospital or school) that would more typically be nonprofit.
Limited Liability Company: A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company's debts or liabilities. Limited liability companies are essentially hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship.
Founder: The entrepreneur who started a business. The origin of the word is that a founder originally meant a person who forges steel; similarly, the founder of a company is forging the new entity.
Co-Founder: A person who, in conjunction with one or two other individuals, is instrumental in starting a business, charity or some other enterprise.
Entrepreneur: a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Social Enterprise: an organization that applies commercial strategies to maximize improvements in human and environmental well-being—this may include maximizing social impact alongside profits for external shareholders.
Capital: wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
Venture Capital: capital invested in a project in which there is a substantial element of risk, typically a new or expanding business.
Angel Investor: an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity.
Chamber of Commerce: a local association to promote and protect the interests of the business community in a particular place.
Change Agent: a person from inside or outside the organization who helps an organization transform itself by focusing on such matters as organizational effectiveness, improvement, and development.
Impact: have a strong effect on someone or something.
Incentivize: provide (someone) with an incentive for doing something.
Move the Needle: make a noticeable or significant difference in something.
Wheelhouse: within one's area of expertise or interest
Deliverable: a thing able to be provided, especially as a product of a development process.
Low-hanging fruit: a thing or person that can be won, obtained, or persuaded with little effort.
Storytelling: the activity of telling or writing stories.
Branding: The process involved in creating a unique name and image for a product in the consumers' mind, mainly through advertising campaigns with a consistent theme.
Marketing: The management process through which goods and services move from concept to the customer.
Advertising: the activity or profession of producing advertisements for commercial products or services.
Sales: the exchange of a commodity for money; the action of selling something.
Revenue: income, especially when of a company or organization and of a substantial nature.
Non-Profit: not making or conducted primarily to make a profit.
For Profit: denoting an organization that operates to make a profit, especially one (such as a hospital or school) that would more typically be nonprofit.
Limited Liability Company: A limited liability company (LLC) is a corporate structure whereby the members of the company cannot be held personally liable for the company's debts or liabilities. Limited liability companies are essentially hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship.
