Launching a Startup or Developing a Small Business?

Post on 21-Jan-2018

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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

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