Mika
VIP Contributor
A start-up is a company formed by entrepreneurs with an aim to become a million-dollar company, if not a billion-dollar company. Start-up wants to disrupt the existing market by growing very big. The primary idea behind the start-up is to create a product or service that adds value to the life of common people and in the meantime also generates revenue for the company. However, some start-ups are completely charitable, they are called social start-ups.
Businesses on the other hand are created for entrepreneurship and sell in the local market. Businesses are normally not concerned with the size of the company, they have no intention to grow on a large scale.
Start-ups and businesses, mainly small businesses, are entirely different. The difference is based on the growth strategy and revenue generation. Start-ups are focused on rapid growth and top-end revenue generation. Businesses are mainly concerned with the sustainability of the company and remaining afloat in the market.
Businesses on the other hand are created for entrepreneurship and sell in the local market. Businesses are normally not concerned with the size of the company, they have no intention to grow on a large scale.
Start-ups and businesses, mainly small businesses, are entirely different. The difference is based on the growth strategy and revenue generation. Start-ups are focused on rapid growth and top-end revenue generation. Businesses are mainly concerned with the sustainability of the company and remaining afloat in the market.