I always use Steve Blank's definition of a startup, "a temporary organization in search of a scalable, repeatable business model." Agreed that the SBA definition is silly, but the middle market definition is good. Thanks for sharing your thoughts and insights!
Thanks for sharing Rich. Yes, I think Steve Blank's startup definition is a better one, key words being "temporary" and "in search of", companies are not "startups" in perpetuity and middle market companies can, of course, have startups within them.
I always use Steve Blank's definition of a startup, "a temporary organization in search of a scalable, repeatable business model." Agreed that the SBA definition is silly, but the middle market definition is good. Thanks for sharing your thoughts and insights!
Thanks for sharing Rich. Yes, I think Steve Blank's startup definition is a better one, key words being "temporary" and "in search of", companies are not "startups" in perpetuity and middle market companies can, of course, have startups within them.