Converting any event, object, product or transaction into a form of currency; creating revenue.

Minimum viable product – a product with just enough features to satisfy early customers

Denoting or relating to products, services, or interests that appeal to a small, specialized section of the population.

Creating a niche, or market, that is a deep subtopic of your general industry category in which you can share your expertise. Example: Automobile>Chevrolet>SUV>2014. If you are in

Open source refers to software that is made freely available for anyone to access, copy, modify, and redistribute. It’s a collaborative approach that lowers the bar to entry

Persons who are equal to another in abilities, qualifications and backgrounds

Tangible items for sale in an online or retail store.

A software component that adds a specific feature to an existing computer program.

Dealing with things sensibly and realistically in a way that is based on practical rather than theoretical considerations.

A person who is guided more by practical considerations than by ideals.