Glossary:  Innovation | Entrepreneurship         Venture & Venturing     Venture is a new activity, usually in business, that involves high risk and uncertainty. Venturing means a business enterprise in which something is risked in the hope of high return on investment.     Venturepreneur Venturepreneur is a disruptive impact entrepreneur who initiates and rapidly grows a high-risk-high-return venture based on a radical invention, creates and satisfies new customer desires, and, as a result, changes the rules of the game in the target market.   Disruptive Innopreneur How To Create New Trends Skills of a Radical Project Leader     Venturepreneurial Firm vs. Small Business Small businesses usually deal with known and established products and services, while entrepreneurial ventures focus on new, innovative offerings. Because of this, small business owners tend to deal with known risks and venturepreneurs face unknown risks. Venture capital is a primary source of financing of venturepreneurial startups.   Venture Management Laws 5 Success Factors Startup 7 Characteristics of a Successful Startup     High Risk, High Return High-growth ventures promise high return on investment, but are also characterized by high risk. The there main sources of risk for high-growth-high-return ventures are: 1. Fuzzy front end 2. High resistance 3. Fierce counterattacks Entrepreneurial simulation games, such as INNOBALL, help increase returns and reduce risks.   BE MAD 9 Maxims of Venturing Venture Design 11 Keys to a Good First Venture InnoBall Simulation Game Stronger Business Design     High-Growth Startup Business Model  ▪  Lean Startup 9 Maxims of Venturing How To Address the 9 Maxims of Venturing Venturepreneur Entrepreneurial Opportunity Entrepreneurial Strengths Entrepreneurial Shakti   Free   Entrepreneurial Creativity   e-Book