π A Startup is Not a Smaller Version of a Large Company
Link: https://steveblank.com/2010/01/14/a-startup-is-not-a-smaller-version-of-a-large-company/
Author: Steve Blank
Quotes:
- β Entrepreneurs who have run a startup know that startups are not small versions of big companies. Rather they are different in every possible way.
- β Startups need different management principles, people and strategies than large established companies
- β Any advice thatβs targeted to large established companies is irrelevant, distracting and potentially damaging in growing and managing a startup
- β The transitional period between a startup and a company is a different organizational entity than either a startup or a large enterprise