Types of Startups
https://kpshopy.com/blog/what-is-an-entrepreneur
There are many types of startups and every startup have a different purpose and different types of products and services, let’s take a look at the various types of the startups
Scalable Startup-From the very first day the founder of such a startup believes that they will make big, unlike small business entrepreneurs scalable startups doesn’tbuild just for living they build to make the change in the society and try to solve the critical problems. A scalable startup requires capital for the aggressive business model and they attract the investors, entrepreneur’s hires the best and the brightest to get the optimum growth. Facebook, Linkedin are the best example of scalable startups.
Buyable Startups-Such startups are only building to get sold to big companies, many webs and mobile startups are founded in last few years are being sold to many big companies. What is an Entrepreneur, such startups try to solve the bigger issue and not try to make it the billions dollar business and they want to sold their startup to big companies?
Large Business Startup-Big companies time to time launch the products because they know that due to high competition most of the products have a very short life, to sustain the market companies launch the products. They mostly focus on innovation to give the new taste to adopt new technology and to beat the competition.
Small Business Startup-Startup always doesn’t need innovation and funding, if you are starting any business with a very small scale is also considered as a startup. Businesses such as grocery stores, travel agents, plumber, etc. The main purpose of the small business startup is to earn the living.
Social Startup-Founders of social startup always ready to impact the society and always try to make this world a better place, they don’t want to create brand or market share or any kind of wealth, their motto is only to help the society in different ways.
