Startup Funding Espresso – Growth Is the Paradigm of the Startup
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Growth Is the Paradigm of the Startup
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
Startups are different from small businesses in that they are based on the growth paradigm.
Small businesses such as restaurants and retail are good businesses, but they are not startups.
A startup seeks high growth throughout its life.
Startups build their businesses to foster growth.
Through the products and services they offer to the business models they use, they seek high growth.
Startups often look to technology, in particular disruptive technologies, to foster that growth.
Startups need capital to achieve it.
To be considered for funding, the growth rate needs to be at least 50% or more year over year.
Anything below, and investors will not consider the startup to be in the growth mode.
Startups also need a team that can foster and manage growth.
This high-growth paradigm either takes the company to new heights or sends it crashing down.
In startup investing, look for these drivers of growth in a startup before investing.
Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.
Let's go startup something today.
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