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This is a difficult argument to counter, the term Startup doesn't have a definitive definition that I'm aware of. So we could be arguing semantics. But fair en
by 1ba9115454 8y ago
This is a difficult argument to counter, the term Startup doesn't have a definitive definition that I'm aware of. So we could be arguing semantics.
But fair enough, exclude the coffee shops, restaurants if you like.
But you're still left with a lot of people building something they hope gets bigger. That fits your definition.
- edanm 8y ago> But you're still left with a lot of people building something they hope gets bigger. That fits your definition. Like you said, this is just arguing semantics. That's why I like Steve Blank's definition, which is not about growth (see my other comment on this thread for more). I would say that "hoping it gets bigger" is not enough - every business owner hopes their business gets bigger. Most of them don't realistically hope it will become the next Amazon, nor do they strive to make that happen, and so many ideas/lessons from the startup world don't really apply to them (while others do still apply, of course).
- 1ba9115454 8y ago> and so many ideas/lessons from the startup world don't really apply to them I'm interested, which wouldn't apply? I mean just a couple of examples.
- edanm 8y agoWell the obvious example is anything related to VC fundraising. Almost all startups (as per Steve Blank / pg) will at some point require venture capital. Most other businesses have no way of raising venture capital, instead having to to rely on other means of fundraising, like a bank loan. Other things are more domain-specific - I know lots of lessons in my own field (professional services), some of which apply equally to startups, some of which don't at all.