Startup company

A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model.[1][2] While entrepreneurship includes all new businesses, including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo founder.[3] At the beginning, startups face high uncertainty[4] and have high rates of failure, but a minority of them do go on to become successful and influential.[5]

  1. ^ Robehmed, Natalie (16 December 2013). "What Is A Startup?". Forbes. Archived from the original on 3 January 2020. Retrieved 30 April 2016.
  2. ^ Riitta Katila, Eric L. Chen, and Henning Piezunka (7 June 2012). "All the right moves: How entrepreneurial firms compete effectively" (PDF). Strategic Entrepreneurship JNL. 6 (2): 116–132. doi:10.1002/sej.1130. Archived (PDF) from the original on 19 March 2023. Retrieved 18 May 2017.
  3. ^ "The Differences between Entrepreneurs and Startup Founders". Archived from the original on 20 May 2020. Retrieved 30 May 2019.
  4. ^ Schmitt, A. (2018). "A Dynamic Model of Entrepreneurial Uncertainty and Business Opportunity Identification: Exploration as a Mediator and Entrepreneurial Self-Efficacy as a Moderator". Entrepreneurship Theory and Practice. 42 (6): 835–859. doi:10.1177/1042258717721482. S2CID 148840401.
  5. ^ Erin Griffith (2014). Why startups fail, according to their founders Archived 2021-02-17 at the Wayback Machine,, 25 September 2014; accessed 27 October 2017

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