What is a Startup?
According to Wikipedia, “A startup company or startup is a company, a partnership or temporary organization designed to search for a repeatable and scalable business model.”
Another definition by Co-CEO of Warby Parker says, “A startup is a company working to solve a problem where the solution is not obvious and success is not guaranteed.”
For me, a Startup is a company, that is confused about:
- What its product is.
- Who its customers are.
- How to make money.
As soon as it figures out all 3 things, it ceases being a startup and becomes a real business. Except most times, that doesn’t happen.
When does Human enterprise cease to exist as a startup?
The answer is – When one realizes that there is no substitute to Hard Work! (though you could ease it a little by doing Smart Work…) But achieving success is not as easy as…
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