Startup vs. Small Business

What’s the difference between a Startup and a Small Business?

Answer: Their relationship with investors.

• Startups are defined by their source of funding (Without equity funding, you're not a startup.)

• Small businesses only think about funding when they need something outside their current means

So if you're wondering,

"Would I rather be a Startup or a Small Business?"

The answer is: Which feels more uncomfortable to you?

• Asking someone for money every time you want to be a CEO

Or

• Actually being a CEO... But the only money you have to spend is your own.

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