Definition: The act or process of starting a process or machine.
Alright class, settle down, let’s take a look!
That dictionary definition – "the act or process of starting a process or machine” – it's quite broad, isn’t it? It could apply to
anything
really. But when we hear the word “startup,” it has a much more specific meaning.
Think of it this way: A
startup
is like a brand-new seed. It’s an idea, a small business, often with a new product or service, that's just
beginning
its journey.
It’s not about starting a washing machine, though! It’s about starting something
new
.
Here's a breakdown to help you understand:
New Venture:
Startups are usually brand-new companies – they haven't been around for long.
Innovation Focused:
They often try to do things differently, bringing new ideas or technologies into the world.
Growth Potential:
Startups aim to grow quickly, and that growth is a big part of what defines them.
So, while the dictionary definition is accurate in a general sense, when we talk about “startup,” we're really talking about a
business
– a fresh start with lots of potential!
Does that make more sense? Do you have any questions about it?