Starting business ground up can be very hard especially without a proper introduction to startup. Apart from the risk factors involved, it can be emotionally and mentally challenging. If you are pondering about setting out on a new business venture and are confused about the basics of startups, you’re at the right place because here, you’ll be enlightened about what a startup is and be introduced to the concept of startups.
What Is A Startup?
Introduction can actually be confusing,To put forth it plainly, this company type is a newly established business. A company that is built from scratch but designed to scale with an unnaturally high pace. To quote Paul Graham – an essayist, computer programmer, and what not – this company type is a “company designed to grow fast”. With many people attempting to define a startup, I suggest that instead of searching for a well-framed definition, it would do good to you if you understand what this company type is – and by that, I don’t mean understanding the definition; but inhaling the essence of the idea.
Difference Between this company type and Small Business
Is startup = small business?
This is a question asked by many. And the answer is NO. A startup and a small business are on opposite sides of a bridge. There are many factors that can differentiate the two but we’ll be discussing a handful of them here.
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