A very important difference between
Posted: Mon Dec 23, 2024 9:51 am
The key aspects that define a startup are innovation, a taste for uncertainty and trying new things to find out if there is a real business behind the initial idea. In other words, with a startup we have to answer the following questions: what do we have to sell, at what price, and to what market (if there is one) while in the case of a company, we can already answer these questions with a basic study of the competition and the market. In addition, in a startup we have to phone number in jordan discover the business behind the idea as quickly and cheaply (in time and money) as possible , because otherwise another startup may get ahead of us or we may run out of funding. That is why startups usually belong to technological sectors, where rapid advances give rise to new business models on an ongoing basis.
a startup and a company, derived from all of the above, is the management model . We cannot innovate or create business models with the management tools and techniques of the last century, which is why human resource management is very different: flat hierarchies, direct communication, flexible working conditions, and above all, the promotion of decision-making. The traditional concept of failure does not exist, which is why it is encouraged. The so-called "failure" is part of the process of searching for the business model , because as Edison said: "I did not fail, I only discovered 999 ways of how not to make a light bulb." That is why startups use the so-called lean startup management model, which basically seeks, starting from the idea, to obtain a minimum viable prototype to put it on the market and for this to give us data on use to learn and improve the initial idea.
a startup and a company, derived from all of the above, is the management model . We cannot innovate or create business models with the management tools and techniques of the last century, which is why human resource management is very different: flat hierarchies, direct communication, flexible working conditions, and above all, the promotion of decision-making. The traditional concept of failure does not exist, which is why it is encouraged. The so-called "failure" is part of the process of searching for the business model , because as Edison said: "I did not fail, I only discovered 999 ways of how not to make a light bulb." That is why startups use the so-called lean startup management model, which basically seeks, starting from the idea, to obtain a minimum viable prototype to put it on the market and for this to give us data on use to learn and improve the initial idea.