Altcoins Talks - Cryptocurrency Forum
Further Discussions => Entrepreneurship , Business & Online Work Forum => Topic started by: admin on December 14, 2018, 10:17:19 PM
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Usually startups has a tech aspect, but they can still operate in traditional fields ...
Take for example uber, it's like a taxi service but rely on an app
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I think startup is something with not predictable outcome, nobody knows what will be in the end, and yes it's almost always related to IT field. While in usual business model you some business plan for that and you can calculate some usual risks and potential outcomes.
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A startup is a high-risk project. But I do not agree that it is impossible to calculate the risks. If this were so, the venture capital market could not exist and reach a size of $160B for 2018.
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Both in startups and in a ready-made business, there are risks, the only thing is that if a startup has an original idea, it is impossible to fully think through all the risks that may be.
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It seems to me that investing in start-ups is still more interesting, yes, there are more risks, but if an idea fires, it can bring a good return.
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I share your opinion. I think you are totally right.
But it seems to me, investing in startups is really unpredictable, as it usually isn't stable and it may frighten new investors.
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Personally, I prefer e-commerce development. In my opinion, it's an amazingly perspective thing today.
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The difference between a start-up business and a normal business is experience. A normal business already knows how everything works so will be easy for them compared to start-ups. Though sometimes start-ups can perform well even than normal businesses depending on who is behind the project, perhaps some experienced group of people decides to start a new business, so it will not be that hard for them because they already know about business.
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The difference between a start-up business and a normal business is experience. A normal business already knows how everything works so will be easy for them compared to start-ups. Though sometimes start-ups can perform well even than normal businesses depending on who is behind the project, perhaps some experienced group of people decides to start a new business, so it will not be that hard for them because they already know about business.
This was rightly said, every business can either be a beginning, growing or a stable business but focusing more on the beginning and stable business, there's always a difference from the two. A starting business can go through a number of loopholes as a result of its ignorance in the business space. A starting business is more or less naive of its expectations and it's one that'd grow with time and a couple of experiences.
And for a stable business, it's already gone through the phase of a starting business, it's seen the challenges in the business environments, it's been able to survive through, gain experiences, learn lessons that makes for its carefulness in business expansion to prevent recurring errors. Normal business is safely tagged as less stressful than a starting business because all details have been grasped from the beginning and it's easier to make safer decisions that won't cause risk to the business.
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Startups are typically focused on developing and introducing new products, services, or technologies to the market, while normal businesses may focus on improving existing products or services to better serve their customers. The main distinction between a start-up and a regular business is the innovation of products or services. Most people start a business as a novice with no experience, while others do so because they feel they have gained experience from their training stage and can succeed as a separate entity. However, established businesses that have lasted for more than three to four years can withstand any challenge or loopholes due to years of experience.
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Startup are basically tend to grow and adapt to change which means they can be moved easily while normal business tends to maintain status.
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Both in startups and in a ready-made business, there are risks, the only thing is that if a startup has an original idea, it is impossible to fully think through all the risks that may be.
Yes you right. The startup and normal business are risky. When you neglect the business acumen and the idea of being scammed.
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Start up business, what I understand is the little amount or what you have in place to begin your journey in business life, and normal business is already business someone is into! (Own)” and someone can start with little amount of money without being taken much risk .
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A startup business is a business that's at the starting point,the idea someone has being implemented and acted upon while a normal business is a business already functioning and providing profits ,it is quite different because in a normal business there is more experience than a startup business, hope this helps.
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Talking about the difference between startup and normal business, now the difference is very clear, now start up business has to do with planing and as well, you being connected with starting a new business or project as the case may be. These has to do with a new ideal being created and established. Startup is again the act of starting a little thing out of nothing in order to meet up a specific demand or target while normal is what you have being doing over time. it is a usual or average state or level and standard. Normal deals with or talks about some thing that happens or done most of the time or in most cases.
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Well, just as the name already suggests, normal business usually and already has enough capital that is sufficient to carry on in its business, while start-ups may also have some capitals (but not enough capital) to finance their products, but still they have some things to be settled so as to enable them to bring their products to sell, or they may lack enough capital to render their service efficiently. In other words, a start-up may not yet have a well developed business-work-frame, just like a normal business.
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Usually startups has a tech aspect, but they can still operate in traditional fields ...
Take for example uber, it's like a taxi service but rely on an app
Yes, startup always requires technology but the truth is all business, both startups and normal businesses has risk, so before you think about investing your business plan or idea, you should be able to manage the risk that are involved too, so you don't go on bankruptcy or have your business fall off the market.
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I don't get what you mean by the normal business. For the startup, it is creating innovative products or services that will help the existing problems in unique ways like the business in Shark Tank if you have seen that show, and for the normal business if we say that it is traditional business they have existing customer base they need to do is aim for steady growth and consistent profits, they have lower risk since they have an existing customer base.
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I don't get what you mean by the normal business. For the startup, it is creating innovative products or services that will help the existing problems in unique ways like the business in Shark Tank if you have seen that show, and for the normal business if we say that it is traditional business they have existing customer base they need to do is aim for steady growth and consistent profits, they have lower risk since they have an existing customer base.
Normal businesses take a lower risk because their aim is sustenance and steady profit. Startups are sometimes started by people who have the intention to make profit in a shorter period from the startup, or sell the startup to another company or individual.
The similarity is that they are both intended for profit.
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Take for example uber, it's like a taxi service but rely on an app
startups are disruptive to traditional products or services
a taxi is the traditional service but by innovating and incorporating technology, it creates uber which is a great example of a startup
startups are usually a lot riskier since they are still trying to breakthrough to a new audience compared to traditional businesses where they already have a preexisting market
another example is netflix everyone used to go out and watch movies or have to rent out movies to watch in their televisions but now they just need to subscribe to one platform and have all kinds of movies and series imaginable
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A startup business is a business that has being open, created or organized newly, and their focus is on how they are going to develop the business, and manufacture good products.
While, A normal business is an established business, that is known as a very standard business that has been operating for several or many years, with a very good and impressive record and good reputation for manufacturing quality products or rendering good services.
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A startup business is a business that has being open, created or organized newly, and their focus is on how they are going to develop the business, and manufacture good products.
Along with that incorporating something innovative to the existing model and trying then in a small scale is the actual startup model. For example opening a restaurant is a business whether it's small or big but incorporating a theme based restaurant can be considered as a startup because we never know the customers will like the idea and the owner can sustain in the field for long time.
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Usually startups has a tech aspect, but they can still operate in traditional fields ...
Take for example uber, it's like a taxi service but rely on an app
Start up is something new that someone is going into so in this context of business startup is a new business that a person is investing money into with the intent of making profit usually in every Startup business is out come is not always not sure so careful attention should be given to that business that is being setup so that the business will not crash while your normal business is one that is already set up and that is stable your normal business is a business that has been existing
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If someone asks this question in a business 101 class, usually it's about startup vs ordinary small business.
Both started small but startups tend to prioritize capturing the market first. I mean to expand and expand. It doesn't have to be tech or internet based but it's just the consequence of the recent trend. Successful startups (meaning those who can scale and capture the market) are usually tech startups.
Conversely, ordinary small businesses prioritize profit. They don't run in red for a long time like startups. They grow organically, unlike startups with debt/VC funds.
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The difference between startup and normal business is the experience, a person who managed to be successful from small would have a 100% experience more than that one who just woke up one day because of money and stocks his or her shop. This is one of the most Ernest truth in business it's not about your strategy here it's the experience.