Business Glossary
Key terms and concepts for solopreneurs and digital business owners.
Bootstrapping
FinanceStarting a business using only personal savings, with no outside investment.
Digital Employee
TechnologyAI-powered software agents or automated systems that perform specific tasks or roles within a business, functioning like a human employee.
MVP (Minimum Viable Product)
Product DevelopmentA version of a product with just enough features to be usable by early customers who can then provide feedback for future product development.
Passive Income
FinanceEarnings derived from a rental property, limited partnership, or other enterprise in which a person is not actively involved.
SaaS (Software as a Service)
TechnologyA software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted.
SEO (Search Engine Optimization)
MarketingThe practice of orienting your website to rank higher on a search engine results page (SERP) so that you receive more traffic.
Solopreneur
Business BasicsAn entrepreneur who works alone, running their business single-handedly without any W-2 employees.
Vibe Coding
DevelopmentA coding philosophy that emphasizes intuition, flow, and the creative aspect of programming, blending technical precision with artistic expression.