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Published byBaldric Booth Modified over 8 years ago
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Too many look at startups and small businesses and assume that they are the same thing.
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In reality, though…
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They are quite different.
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While they have some similarities, they are not the same thing at all.
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Luckily, it is easy to tell them apart, especially if you know the intentions of the business owner and the business’s potential future.
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So, what is the difference between Startup and Small Business?
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First, let's look at small business.
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Most likely, you know what one is.
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Small business is an ice cream shop in your district or your favorite local coffee shop for instance.
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Or…
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A small business is usually a locally owned business
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That has a small number of employees
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A relatively low cost and income
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And usually no plans to become a corporation
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These type of low risk, low reward businesses tend to remain the same for years.
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Very seldom do small businesses grow into something bigger.
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Startups are also small!
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…but they dream BIG
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The fundamental difference between startup and small business is in their mindset
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Startups are more about gaining ground and becoming a big hit.
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Something that can have a huge success
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They are all about the ambition, dream and threshold.
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It’s when you vigorously refuse to stay small
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Startups are born to be big.
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To be big or die.
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Startups want to change the world.
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Small businesses are fine staying small and stable.
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Find more content on business & productivity at: www.millforbusiness.com www.millforbusiness.com Click Now! (Link is clickable)
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