Understanding the Meaning of Startup

Day 1: Definition and Characteristics

Global Concept, Online on April 15, 2025

8:00AM

Definition of Startup

A startup is a newly established business, typically in the early stages of development, focused on addressing a unique problem or market need with innovative products or services. Startups are known for their rapid growth potential and scalability.

CURRENCY0, 15 minutes

8:20AM

Key Characteristics of Startups

Startups often feature high uncertainty and risk, operate with lean resources, and aim for disruptive innovation in their markets. They tend to seek venture capital or angel investment to fund quick growth.

CURRENCY0, 20 minutes

8:45AM

Difference Between Startups and Small Businesses

Unlike small businesses, which usually aim for steady profits and longevity in established markets, startups focus on rapid expansion and scalability, often with technology-driven business models.

CURRENCY0, 15 minutes

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