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by edblarney 3392 days ago
That the lean startup methodology might in some ways apply to other businesses, does not make them startups.

A single hot-dog stand will not do something that will change the economy, create 10K jobs, attract investment, R&D etc..

1 comments

> A single hot-dog stand will not do something that will change the economy, create 10K jobs, attract investment, R&D etc.

Well, you never know (McDonald's was once a small new company).

But that was exactly what I was trying to say: High-growth companies with those sort of ambitions are not the only kind of startup. ALL new ventures are startups, even if they are not intended to grow much, and including quite a few that aren't even necessarily businesses at all.