acting like startups – learning rapidly, iterating and trying to find solutions for significant problems –
Startup culture is about shaping the future, not just passively accepting what’s coming.
One definition of startup we find useful is as follows: Startup: a group of experiments to find a solution to a problem and create a sustainable and scalable business model around it.
A startup can be defined in many different ways – Eric Ries defines it as “a human institution designed to deliver a new product or service under conditions of extreme uncertainty”
It’s not worth becoming a startup entrepreneur unless you’re willing to dedicate a lot of time to it and take risks.
Startup entrepreneurs help to keep the society moving forward, while more traditional organizations are typically focused on maximizing existing value.
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