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But wouldn't it be precipitous to decide whether you are doing a Startup or a Business before you even start? Wouldn't a Startup that managed to find an optima
by lumberjack 14y ago
But wouldn't it be precipitous to decide whether you are doing a Startup or a Business before you even start?
Wouldn't a Startup that managed to find an optimal recurring revenue model become a business? If you were the CEO of said Startup wouldn't you implement such revenue model? So given a choice, wouldn't every Startup become a business?
- freshhawk 14y agoYou make a lot of core business decisions based on whether you are swinging for the fences or building a business from the beginning, you can pretend not to decide but nearly every decision you make at the beginning of a startup is based on this choice. You can pivot of course, if you stumble on a great revenue source that's small in scale but growing steadily and you aren't getting crazy traction then a startup probably would become a business. But there are legitimate reasons to not become a business and keep chasing the big payout. In real life you don't find the optimal recurring revenue model, you find options with tradeoffs.