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L A U N C H I N G
A STARTUP OR DEVELOPING A SMALL BUSINESS?
Inspired by @MandelaSH’s post
(and that’s totally cool too)
YOU THINK
STARTUP you are a
but you are really a SMALL BUSINESS
...and that’s TOTALLY COOL too!
UNDERSTANDING
the differences between a STARTUP and a SMALL BUSINESS.
& RECOGNIZING
your personal power to choose the one that’s BEST FOR YOU.
10 DIFFERENCES
between STARTUPS
and SMALL
BUSINESSES
How much will you have to create from scratch?
1
INNOVATION
How big will your business get? SCALE
2
y How much money will you need to borrow? FINANCING
3
How long will it take to make money? PROFIT
4
How fast will your business grow? GROWTH RATE
5
Is technology required to operate your business? TECHNOLOGY
6
How fast will your business grow? LIFESPAN
7
How many people will you oversee? LEADERSHIP
8
How much work/life balance will you have? LIFESTYLE
9
Will you be able to move on to pursue other projects?
EXIT STRATEGY
10
...but can a STARTUP
turn into a SMALL BUSINESS,
or a SMALL BUSINESS
turn into a STARTUP?
YES, it just depends on
IF YOU DECIDE
TO MAKE THAT SHIFT.
ALIGN YOUR ACTIONS TO YOUR EXPECTATIONS
and to select the RIGHT PLAN to reach your GOAL!
THANK
YOU