Have you ever thought about how to start your own business? Probably the word “startup” came into your mind. However, people often confuse the concepts of startup and profitable business, so this article will shed some light on key differences between a startup and a traditional business approach.
Being self-sufficient is great… but not for young entrepreneurs who are starting a business. 99% successful startups imply long-term partnership and are run by at least two people. Some innovative and profitable companies, such as Airbnb, appeared “by accident,” but most of them are a result of careful planning, fruitful collaboration, and experience exchange.