Small businesses: anything that doesn't grow at 6% per week and that doesn't have an incubator and a VC on board?
It's quite possible to create a business that does several tens of millions in turnover and employs 100 people or more.
It happens all the time and those businesses are started by a wide variety of people when it comes to age, gender, ethic background, location and so on. These companies are the economic backbone of many civilizations.
Corporations are complex surfaces along many axis changing dramatically during their lifespan, there isn't such a thing as a clear dividing line between one group and another, only vague clustering and shifts.
At one point during its lifespan Kodak was a small business, then a start-up, then a Fortune 500 company, then ripe for disruption and now they're dead. Calling a company a start-up is like calling a person a baby throughout a large portion of their life. A start-up is a phase, not an endpoint.
Some people don't start out to do a start-up according to the SB or PG definition but find out after the fact that that was just what they ended up with.
Some people start out to do just that and end up with a small business. It isn't all black and white, there are lots of shades of grey and there is a lot less control by the participants than you might be led to believe.
It's quite possible to create a business that does several tens of millions in turnover and employs 100 people or more.
It happens all the time and those businesses are started by a wide variety of people when it comes to age, gender, ethic background, location and so on. These companies are the economic backbone of many civilizations.
Corporations are complex surfaces along many axis changing dramatically during their lifespan, there isn't such a thing as a clear dividing line between one group and another, only vague clustering and shifts.
At one point during its lifespan Kodak was a small business, then a start-up, then a Fortune 500 company, then ripe for disruption and now they're dead. Calling a company a start-up is like calling a person a baby throughout a large portion of their life. A start-up is a phase, not an endpoint.
Some people don't start out to do a start-up according to the SB or PG definition but find out after the fact that that was just what they ended up with.
Some people start out to do just that and end up with a small business. It isn't all black and white, there are lots of shades of grey and there is a lot less control by the participants than you might be led to believe.