So yesterday we obtained this sheet, and it said that we need to imagine we are setting up our first 'startup business'. Hm. Initially I thought, oh right, starting up a business, righto. Then I payed more attention to that word 'startup'. Hm. Yea. I wasn't quite sure what it all meant! So I googled around as you do, and managed to work out (at least I hope!) what a 'startup business' is.
Courtesy of the ever-increasing intellect of wikipedia.org :D
"A startup company or startup is a company with a limited operating history. These companies, generally newly created, are in a phase of development and research for markets."
All fair and well, right? Wrong. I am so uninformed on all things business. Need. More. Clarification.
"Startup companies can come in all forms, but the phrase "startup company" is often associated with high growth, technology oriented companies"
"A critical task in setting up a business is to conduct research in order to validate, assess and develop the ideas or business concepts in addition to opportunities to establish further and deeper understanding on the ideas or business concepts as well as their commercial potential."
And THEN they mention the internet, and it finally clicked. All this talk of technology and here I am using something started by one of these startup businesses. Well. I'm off to start thinking up some 'gathering' ideas!
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