What Is Traction

question 9

Multiple Choice

What is traction?

• A)all the work you've done to date to build your venture
• B)the "hook" you use to successfully attract investors
• C)the moment in your pitch when you know the audience is on your side
• D)the first time you realize your pitch deck is effective

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Definitions:

Estimated Federal

An approximation related to the United States federal government, often referring to projected budgets, taxes, or revenues.

State Income Taxes

Taxes levied by individual states on the income earned by residents or entities within their jurisdiction.

Starting a Business

The act of establishing a new commercial enterprise, involving planning, financial decision-making, and legal setup.

Advantages

These are the benefits or favorable factors that contribute to the success and competitive edge of a business or strategy.