Aug 23, 2012

How do you define a start-up?

Great post here about the topic. What do you think?


Any new idea that generates revenue = a start-up 

Here's a good article that defines a start up company:

Startup company

"A startup company or startup is a company or temporary organization designed to search for a repeatable and scalable business model[1] . These companies, generally newly created, are in a phase of development and research for markets. The term became popular internationally during the dot-com bubble when a great number of dot-com companies were founded."

Well, first off, I think that t-shirt in the accompanying photo is awesome!  I think a startup is kinda like pornography was for Justice Potter Steward - I know it when I see it.  One guy sitting around blogging, even if it gains traction and succeeds as a revenue generating activity, is not a start-up, it is getting lucky.  One guy with a business model, a revenue model and a plan for future growth, where the purpose of the activity is specifically to generate income, well, that could be a startup in my book, even if it is also based on blogging.  To me it is a question of intent.  If there is an intention and a developed business plan to make money, it is a start-up.  If it is doing something you like, and you hope you make money from it too, not so much.   


Thanks for the input. Interesting!

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