Startup
A startup is a young company founded by one or more entrepreneurs to develop a unique product or service and bring it to market. By its nature, a startup tends to be a shoestring operation, with initial funding from the founders or their friends and families. The goal of a startup is to grow rapidly as a result of offering something that addresses a particular market gap. In contrast to small businesses that aim for steady, long-term growth and sustainability, startups aim for a scalable and often disruptive business model, with an emphasis on innovation in technology, business processes, or consumer interaction. They often operate under a high level of uncertainty and have to adapt quickly to changing markets and consumer needs. Startups are known for their agile, dynamic environments and their potential to significantly impact economies and industries.
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