Download or read book Which Factors Determine the Success Or Failure of Startup Companies A Startup Ecosystem Analysis of Hungary Germany and the US written by Christoph Kotsch and published by Anchor Academic Publishing. This book was released on 2017-09 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: As more and more startup companies are founded every year worldwide, building up one’s own business does not get easier. Since 9 out of 10 startups fail, future entrepreneurs are well advised to take a look at potential reasons for failure and success. Learning from others’ mistakes and studying success stories can improve their own performance and help to avoid critical errors. The academic paper at hand will provide valuable insights for entrepreneurs. It not only states the most important terms concerning startups but also lists the most important factors for a startup company’s success, according to literature review. Delineating both internal and external factors, this thesis not only delivers a synoptic view of potential challenges inside a startup as well as in its ecosystem, but also juxtaposes these influences in opposition. The second part of this paper analyzes a series of interviews with twelve startup founders from three different regions (the province of North-Rhine Westphalia in Germany, Budapest in Hungary and the state of California in the US). Their views and experiences will be summarized and put into the context of their respective startup ecosystem.
Download or read book International Experience in Developing the Financial Resources of Universities written by Abdulrahman Obaid AI-Youbi and published by Springer Nature. This book was released on 2021-10-04 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book aims to present the experiences and visions of several world university leaders, providing strategies and methods used to find various income sources for their institutions. The expansion of a university system requires a corresponding increase in funding. Consequently, university administrators all over the world are in a constant search for additional funds. If higher-level institutions are expected to deliver high-quality education and research, their sustainable funding is crucial to the development of the countries they serve. While governmental sources are a major part of the funding of most universities, economic downturns as in the case of the COVID-19 crisis may reduce governmental contributions in this and cause administrators to look for various alternative sources to help them compete in a global setting. This book offers valuable information and guidance to university leaders and administrators worldwide especially at a time when university budgets are under stress due to the COVID-19 pandemic with its dire financial and economic consequences.
Download or read book Success Factors of Startup Companies an Empirical Analysis of E Business Startups in North America written by Nikras Agha and published by . This book was released on 2017-04-28 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2014 in the subject Engineering - Industrial Engineering and Management, grade: 1.0, Technical University of Berlin, language: English, abstract: This thesis develops a six-step success factor model for IT-startups. It is based on an empirical analysis (Grounded Theory Method) of North American Startups. Further it provides an investment-decision model used by Venture Capitalists and Business Angels while deciding which Startup to fund. Every day an increasing number of business ventures (startups) are founded all over the world, especially in North America. Particularly the number of internet-based startups (e-business startups) with the endless possibilities of the online world is increasing continuously. However, most of these startups fail, while only a minority is able to survive and actually be successful. The research objective of this thesis is to identify and understand the factors that make an e-business startup successful. As a result, a six-step success factor model was generated that consists of the following six categories: preparation, entrepreneur/team, product/idea, financing, targeting and execution as well as one additional category, the external factors. Each of the categories consists of several specific success factors, such as team structure, network or scalability. Furthermore, the venture financing as an integral part of the six-step model was analyzed in detail and the decision-making criteria of venture capitalists were identified. The three decision-making categories for venture capitalists are the team, the product as well as the market along with the strategy. Each of these categories consists both, knock-out criteria (must-requirements, such as problem-solving product) and more detailed criteria (such as team experience or exit-strategy). Given that non-quantifiable factors can also contribute significantly to the success of a business, it is important to consider factors such as the challenges, succ
Download or read book 99 Reasons why Startups fail written by Omar Mohout and published by Die Keure Publishing. This book was released on 2017-07-07 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Learn from the mistakes of others. You can never live long enough to make them all yourself" Startup ideas inspire hundreds of thousands of entrepreneurs all over the world. On the flip side, the majority of entrepreneurial ventures fail. Have you ever wondered what the catalyst for such failure is? Startup failures are complex. Most of them are not caused by stupid or simple mistakes. So, be careful when you conclude: Startup X failed because of Y. Therefore I should avoid doing Y in my own startup. It is not that simple. Startups fail because of a combination of factors and causes, some of which are almost impossible to put a finger on. This book is aimed at identifying reasons that can lead even great ideas to complete failure. It also presents how you can make your way around them, earning everlasting growth and prosperity. ABOUT THE AUTHORS Omar Mohout is a Growth Engineer. He is an expert in building repeatable, scalable customer acquisition engines for born-on-the-web companies. Omar is an entrepreneur that turned startup advisor & mentor. Après un doctorat en informatique, Carine Lucas a travaillé plusieurs années comme consultante sur des projets d'innovation. Chez Agoria, elle conseille les entreprises sur leur stratégie digitale et leur business models.
Download or read book Startup Cities written by Peter S. Cohan and published by Apress. This book was released on 2018-02-07 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a comprehensive model for explaining the success and failure of cities in nurturing startups, presents detailed case studies of how participants in that model help or hinder startup activity, and shows how to apply these lessons to boost local startup activity. Startup Cities explains the factors that determine local startup success based on a detailed comparison of regional startup cities—pairing the most successful and less successful cities within regions along with insights and implications from case studies of each of the model’s elements. The book compares local city pairs, highlighting factors that distinguish successful from less successful cities and presents implications for stakeholders that arise from these principles. Peter Cohan is a lecturer of Strategy at Babson College and one of the world’s leading authorities on regional startup ecosystems. Starting in 2012, he created and led Startup Strategy courses that explore four regional startup ecosystems—Hong Kong/Singapore, Israel, Paris, and Spain/Portugal. These courses are based on an original framework for evaluating why a few cities host most startup creation and the rest fail to do so. In running these courses, Peter has built a network of local policymakers, investors, entrepreneurs, and professors from which he draws practical insights for what distinguishes successful Startup Commons from their peers. The book provides vital benefits to these stakeholders. What You’ll Learn Local policymakers will know how to build a local team to set objectives for their local Startup Commons and develop a comprehensive strategy to realize those goals Entrepreneurs will know how to choose where to locate their startups based on factors such as the supply and quality of talent—from chief marketing and technology officers to coders and sales people; quality of life, access to capital, customers, and mentors; and costs such as salary and real estate expense University administrators and faculty will know how to take research out of their labs and house it in companies that can commercialize that research, create academic programs that will encourage more entrepreneurship among their students, and connect with local policymakers and capital providers to spur local startup activity Capital providers will know how to scout out emerging startup cities where they can get access to the best investment opportunities at more favorable valuations and have greater influence on how the local startup scene evolves Who This Book Is For All key startup stakeholders, including local policymakers (mayors, directors of economic development, treasurers, controllers, presidents of regional chamber of commerce), entrepreneurs (CEOs, chief marketing officers, chief financial officers, chief HR officers, chief technology officers), universities (presidents; deans of faculty; provosts; professors of finance, management, and entrepreneurship; directors of international education), and capital providers (venture capital partners and associates, angel investors, bank loan officers, managers of accelerator operations)
Download or read book Entrepreneurial Ecosystems in Unexpected Places written by Veneta Andonova and published by Springer. This book was released on 2018-11-19 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sheds light on one of the biggest development issues of our time: how the rise of entrepreneurship and the associated mindset is likely to unfold in unexpected places and change socio-economic and political fortunes. Focusing on the Balkan Peninsula, the authors explore the early success of young entrepreneurial ecosystems in the region and highlight the dangers of direct comparison with more mature entrepreneurial centres. Offering fresh insights, this brand new book presents an analytical overview of the entrepreneurial domain that enabled Bulgaria to become the start-up capital of the Balkans. With empirical data gathered from over 80 interviews and case studies, the authors address the needs of decision-makers and managers in many countries which are on the path towards nurturing entrepreneurial ecosystems.
Download or read book Entrepreneurial Innovation and Leadership written by Nancy Richter and published by Springer. This book was released on 2018-02-21 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking the themes of entrepreneurship, start-ups, innovation and collaboration, this book seeks to answer the urgent question of how countries and companies can stay competitive in an ever-changing digital environment. The authors determine which entrepreneurial processes will work for whom and under what circumstances, presenting methodological implications for business research, start-ups and policy making. Examining the success of Germany as an innovation powerhouse, and comparing this with the USA, this edited collection provides valuable ideas for improving practice, facilitating start-up activity, and ultimately ensuring a country’s competitive edge.
Download or read book America s Most Successful Startups written by Max Finger and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Der wirtschaftliche Einfluß schnell wachsender Unternehmensneugründungen wächst zunehmend. Das Know-how erfolgreicher Unternehmensgründer wird somit zum Schlüsselfaktor des Unternehmenserfolgs. Dieses Buch bietet einen anwendungsorientierten Leitfaden für die erfolgreiche Gründung eines eigenen Unternehmens. Es basiert auf einer erstmals durchgeführten Interviewstudie mit Firmengründern und Aufsichtsratsvorsitzenden (Chief Executive Officers; CEOs) der erfolgreichsten High-Tech-Start-ups in Silicon Valley und Massachusetts sowie mit Risikokapitalgebern, Investmentbankern, Rechtsanwälten und Technikern. (The economic impact of high-growth startups is steadily increasing. Against this background knowledge regarding new venture creation is one of the key factors for success. This book presents hands-on lessons for starting, building and growing a successful company. The research is based on more than one hundred interviews with the founders and chief executive officers of America ́s most successful high-tech start-ups in Silicon Valley and Massachusetts as well as venture capitalists, investment bankers, lawyers and technologists involved.)
Download or read book The Agile Start Up written by Jeff Scheinrock and published by John Wiley & Sons. This book was released on 2013-09-16 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: An inspiring and impactful compilation of the most important lessons of entrepreneurship The tools of a digital age make it easier than ever to start a new business. And with billion-dollar IPOs and acquisitions making weekly headlines, the potential rewards are enormous. But even with all of the advantages and resources that today's entrepreneurs have access to, the likelihood of any one business succeeding is slim. That's why you need the simple, clear lessons found in The Agile Startup. Engaging and informative, The Agile Startup doesn't offer step-by-step instructions on how to build a better mousetrap. Instead, it shows you how to build companies that continually adapt to the "real" world. Along the way, you'll discover you're not alone in your entrepreneurial endeavors, and that almost every challenge a startup can face has already been faced, and overcome, by someone in the past. Contains lessons culled from decades of creating successful companies, which includes possessing a flexible mindset Provides valuable insights, based on a market-driven philosophy, regarding launching and managing products, businesses, and brands Written by two authors who have a combined sixty-plus years of startup experience and understand the reasons behind their successes and failures A companion Website contains supplementary material that allows you to learn in a hands-on fashion long after closing the book The journey of a startup is daunting. Think about everything that has to be overcome and you'll quickly see that the odds are stacked heavily against you. But with The Agile Startup as your guide, you'll learn exactly what it takes to succeed in your entrepreneurial endeavors.
Download or read book The Rise of the Rest written by Steve Case and published by Simon and Schuster. This book was released on 2022-09-27 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Steve Case, New York Times bestselling author of The Third Wave and cofounder of America Online shows how entrepreneurs across the country are building groundbreaking companies, renewing communities, and creating new jobs—reimagining the American landscape “and [giving] us hope for America’s future” (Ken Burns). In 2014, Steve Case launched Revolution’s Rise of the Rest, an initiative to accelerate the growth of tech startups across the country. Rise of the Rest is based on a simple idea: cities can be renewed and rise again if they develop a vibrant startup culture. A visionary entrepreneur himself, Case believes that great entrepreneurs can be found anywhere, and can thrive with the proper support and investment. In fact, they’re key to the American DNA. After all, America itself was a startup. It struggled to get going and almost didn’t make it. Today it’s the leader of the free world, in part because it has the world’s largest economy—a testament to several generations of pioneering entrepreneurs. But America needs help keeping its promises, as it is harder today for innovators who live outside the major tech hubs. For most of the past decade, seventy-five percent of venture capital has gone to just three states—California, New York, and Massachusetts—while the forty-seven states making up the rest of the country have been forced to share the remaining twenty-five percent. And it’s even harder for some people no matter where they live. Less than ten percent of venture capital currently goes to female founders, and less than one percent to Black founders. Since new companies—startups—are responsible for net new job creation, it is essential that entrepreneurs everywhere have the opportunity to start and scale companies. Rise of the Rest is about leveling the playing field for everybody, and in the process creating opportunity and jobs for the people and places that have been left behind. This book tells that story and provides a hopeful perspective on the future of America. In The Rise of the Rest: How Entrepreneurs in Surprising Places are Building the New American Dream, Case takes readers on an exhilarating journey into the startup communities that are transforming cities nationwide. Rise of the Rest’s signature road trips, on a big red tour bus, have created significant local and national buzz and spotlighted communities large and small that have committed to a new tech-enabled future. Along the way, Case introduces readers to dozens of entrepreneurs whose inspirational stories of struggle and achievement match the most iconic examples of American invention. To date, Case has traveled to forty-three cities on his Rise of the Rest bus tour and has been featured on 60 Minutes, and in The New York Times, USA TODAY, Fast Company, and The Wall Street Journal. With dedicated venture funds, backed by an iconic group of investors, executives, and entrepreneurs including Jeff Bezos, Eric Schmidt, Meg Whitman, John Doerr, Sara Blakely, and Ray Dalio, Rise of the Rest also invests in the most promising high-growth startups located anywhere in the US outside of Silicon Valley, New York City, and Boston. The fund has invested in more than 175 companies across more than eighty cities, including: Phoenix, Chattanooga, Chicago, Denver, Detroit, Louisville, Baltimore, Columbus, St. Louis, Green Bay, Madison, Buffalo, Kansas City, Minneapolis, Cincinnati, Miami, Dallas, Salt Lake City, Omaha, Atlanta, Pittsburgh, Nashville, Indianapolis, New Orleans, and dozens of others.
Download or read book The Startup Community Way written by Brad Feld and published by John Wiley & Sons. This book was released on 2020-08-03 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Way Forward for Entrepreneurship Around the World We are in the midst of a startup revolution. The growth and proliferation of innovation-driven startup activity is profound, unprecedented, and global in scope. Today, it is understood that communities of support and knowledge-sharing go along with other resources. The importance of collaboration and a long-term commitment has gained wider acceptance. These principles are adopted in many startup communities throughout the world. And yet, much more work is needed. Startup activity is highly concentrated in large cities. Governments and other actors such as large corporations and universities are not collaborating with each other nor with entrepreneurs as well as they could. Too often, these actors try to control activity or impose their view from the top-down, rather than supporting an environment that is led from the bottom-up. We continue to see a disconnect between an entrepreneurial mindset and that of many actors who wish to engage with and support entrepreneurship. There are structural reasons for this, but we can overcome many of these obstacles with appropriate focus and sustained practice. No one tells this story better than Brad Feld and Ian Hathaway. The Startup Community Way: Evolving an Entrepreneurial Ecosystem explores what makes startup communities thrive and how to improve collaboration in these rapidly evolving, complex environments. The Startup Community Way is an explanatory guide for startup communities. Rooted in the theory of complex systems, this book establishes the systemic properties of entrepreneurial ecosystems and explains why their complex nature leads people to make predictable mistakes. As complex systems, value creation occurs in startup communities primarily through the interaction of the "parts" - the people, organizations, resources, and conditions involved - not the parts themselves. This continual process of bottom-up interactions unfolds naturally, producing value in novel and unexpected ways. Through these complex, emergent processes, the whole becomes greater and substantially different than what the parts alone could produce. Because of this, participants must take a fundamentally different approach than is common in much of our civic and professional lives. Participants must take a whole-system view, rather than simply trying to optimize their individual part. They must prioritize experimentation and learning over planning and execution. Complex systems are uncertain and unpredictable. They cannot be controlled, only guided and influenced. Each startup community is unique. Replication is enticing but impossible. The race to become "The Next Silicon Valley" is futile - even Silicon Valley couldn't recreate itself. This book: Offers practical advice for entrepreneurs, community builders, government officials, and other stakeholders who want to harness the power of entrepreneurship in their city Describes the core components of startup communities and entrepreneurial ecosystems, as well as an explanation of the differences between these two related, but distinct concepts Advances a new framework for effective startup community building based on the theory of complex systems and insights from systems thinking Includes contributions from leading entrepreneurial voices Is a must-have resource for entrepreneurs, venture capitalists, executives, business and community leaders, economic development authorities, policymakers, university officials, and anyone wishing to understand how startup communities work anywhere in the world
Download or read book Summary the Lean Startup written by Eric Ries and published by . This book was released on 2018-04-18 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses by Eric Ries | Book Summary | Readtrepreneur (Disclaimer: This is NOT the original book. If you're looking for the original book, search this link:http://amzn.to/2kHJOHB) Startups don't fail by chance, they fail due to mistakes that can be prevented. In The Lean Startup you will become knowledgeable enough to avoid the typical mistakes that make businesses fail and know how to create the startup you were expecting to have. Creating a successful startup is not an easy feat, it's an uncertain road where success is not guaranteed and failure results in a great economic loss. To prevent the latter, you will need to know enough about the game before you start playing it and that's where The Lean Startup comes in handy! (Note: This summary is wholly written and published by readtrepreneur.com It is not affiliated with the original author in any way) "The only way to win is to learn faster than anyone else." - Eric Ries The Lean Startup's philosophy is simple "learn from the best". After an in-depth study of the most successful startups out there, this brilliant guide was made so you could learn from the cream of the crop. Trial and error is expensive and wastes a lot of time so start learning from the best before you jump into the startup world. Uncertainty when building a startup is unavoidable, being prepared for everything that could happen is up to you. P.S. The Lean Startup is an extremely informative book that will show you the ropes of creating your own successful startup. The Time for Thinking is Over! Time for Action! Scroll Up Now and Click on the "Buy now with 1-Click" Button to Get Your Copy Delivered to Your Doorstep Right Away! Why Choose Us, Readtrepreneur? Highest Quality Summaries Delivers Amazing Knowledge Awesome Refresher Clear And Concise Disclaimer Once Again: This book is meant for a great companionship of the original book or to simply get the gist of the original book. If you're looking for the original book, search for this link: http://amzn.to/2kHJOHB
Download or read book Summary of The Lean Startup written by Readtrepreneur Publishing and published by . This book was released on 2019-05-24 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses by Eric Ries - Book Summary - Readtrepreneur (Disclaimer: This is NOT the original book, but an unofficial summary.) Startups don't fail by chance, they fail due to mistakes that can be prevented. In The Lean Startup you will become knowledgeable enough to avoid the typical mistakes that make businesses fail and know how to create the startup you were expecting to have. Creating a successful startup is not an easy feat, it's an uncertain road where success is not guaranteed and failure results in a great economic loss. To prevent the latter, you will need to know enough about the game before you start playing it and that's where The Lean Startup comes in handy! (Note: This summary is wholly written and published by Readtrepreneur. It is not affiliated with the original author in any way) "The only way to win is to learn faster than anyone else." - Eric Ries The Lean Startup's philosophy is simple "learn from the best". After an in-depth study of the most successful startups out there, this brilliant guide was made so you could learn from the cream of the crop. Trial and error is expensive and wastes a lot of time so start learning from the best before you jump into the startup world. Uncertainty when building a startup is unavoidable, being prepared for everything that could happen is up to you. P.S. The Lean Startup is an extremely informative book that will show you the ropes of creating your own successful startup. The Time for Thinking is Over! Time for Action! Scroll Up Now and Click on the "Buy now with 1-Click" Button to Grab your Copy Right Away! Why Choose Us, Readtrepreneur? ● Highest Quality Summaries ● Delivers Amazing Knowledge ● Awesome Refresher ● Clear And Concise Disclaimer Once Again: This book is meant for a great companionship of the original book or to simply get the gist of the original book.
Download or read book Summary The Lean Startup written by e- Summary and published by Createspace Independent Publishing Platform. This book was released on 2016-12-16 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Lean Startup A Complete Summary! The Lean Startup is a book written by Eric Ries. In this book, the author explains that regardless of what may often seem to be true, it is very much possible to build a successful startup company. This book is a guide for all people who think that starting a business will lead to failure. Many startups do end in a failure, because starting a business always comes with uncertainty and risk. Since not all startup founders are equally informed, some are not educated in good business practices and do not have a clear vision of their business; these are the startups that often truly end in failure. In this book, the author explains how to make a startup successful. This book will surely be a great read for all those who either seek a way for their startup to succeed or for those who are planning to start a business. At first glance, it certainly looks like an interesting read, and it is both educational and reader-friendly. Whether it is really possible to have a successful startup and whether or not your startup will be successful is what awaits us in this book. Here Is A Preview Of What You Will Get: YA summarized version of the book. YYou will find the book analyzed to further strengthen your knowledge. YFun multiple choice quizzes, along with answers to help you learn about the book. Get a copy, and learn everything about The Lean Startup."
Download or read book The Startup Analysis Canvas written by James Green and published by . This book was released on 2018-07-16 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the creator of "Developing Innovative Ideas for New Companies", the #1 online course in entrepreneurship with over 800,000 global learners, The Startup Analysis Canvas is a guide for first-time entrepreneurs to transform an idea into a startup company.The Startup Analysis Canvas was created to guide first-time entrepreneurs who feel overwhelmed by the tasks associated with creating a startup company, frustrated with finding the right team at the right time, and disappointed by the widespread failure of bringing good ideas to market.The Startup Analysis Canvas will help you understand the theory and practice of value creation, determine how to build the right team for your startup company, avoid wasting time on startup ideas that have limited commercial potential, and raise the right financial capital at the right time for the right purpose.By the end of this book, you will be positioned to design value propositions that directly align with your target customers' interests, assemble and lead a well-constructed team to produce results that create value for your customers, pursue big ideas that really matter to customers, and craft a financial model that minimizes risks and maximizes your success.
Download or read book The Startup Analysis Canvas written by James Green and published by . This book was released on 2019-03-29 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the creator of "Developing Innovative Ideas for New Companies", the #1 online course in entrepreneurship with over 800,000 global learners, The Startup Analysis Canvas is a guide for first-time entrepreneurs to transform an idea into a startup company. The Startup Analysis Canvas was created to guide first-time entrepreneurs who feel overwhelmed by the tasks associated with creating a startup company, frustrated with finding the right team at the right time, and disappointed by the widespread failure of bringing good ideas to market. The Startup Analysis Canvas will help you understand the theory and practice of value creation, determine how to build the right team for your startup company, avoid wasting time on startup ideas that have limited commercial potential, and raise the right financial capital at the right time for the right purpose. By the end of this book, you will be positioned to design value propositions that directly align with your target customers' interests, assemble and lead a well-constructed team to produce results that create value for your customers, pursue big ideas that really matter to customers, and craft a financial model that minimizes risks and maximizes your success.
Download or read book Startup written by Judy Peachey and published by . This book was released on 2021-04-26 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: More people are starting tech companies today than ever before. Tech incubators are popping up all across the country, and shared office space is available everywhere. When people think about building a startup, they immediately jump on the seemingly tried and true path...find a co-founder, get into an incubator, start pitching venture capitalists on your business plan, then crush it! Enhance your business and your investment, wealth, all techniques. - We hear many inspiring stories in our lives, but we do not know where and how to start? - We know that many startups fall completely after a short period! - These two factors always make us stop in the same place, one of which pulls us towards success and the other pulls us toward failure. Start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable economic model. While entrepreneurship refers to all new businesses, including self-employment and businesses that never intend to become registered, startups refer to new businesses that intend to grow large beyond the solo founder. At the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to be successful and influential.
