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A business is something that has clearly defined cash flows. Ie you put money here and you get money there. A startup is a new venture which is trying to becom
by keeptrying 16y ago
A business is something that has clearly defined cash flows. Ie you put money here and you get money there.
A startup is a new venture which is trying to become a business.
Read drucker's "innovation and entrepreneurship" - he clearly describes the difference. Infact if you read this one book, you can skip every other business book including "4 steps to the epiphany", . It's incredible that his book was written in 1985!
- vdm 16y agoGreat answer and thanks for the recommendation.