Startup vs Small Business. What’s the difference? - Startups 101 

We all aspire for the startup Amazon dream, however, we have to face reality. It’s better to succeed as a small business first, then you can look to grow to that next level. It’s no good to raise all that money, burn all that money, and end up eating only ramen noodles and having to start all over again. Sounds great in Forbes magazine articles, but, if you want a good work-life balance and a family, that’s probably not the way to go as 99% will crash and burn.

This channel is a hidden gem

Most rich people in your neighborhood are traditional bussiness owners But most rich people in your magazines are startup founders

Small Business - Is valued traditionally on what it has, products or services contracts and actual clients. Startup - Is valued on potential(Think Theranos). This is all smoke and mirrors, my advice is build your idea and just go on getting clients/customers. Don't be concerned whether your starting a business or startup, just do be concerned about translating your idea to actual money on a sustainable model. You're not Facebook, don't spend your energy trying to be the next big thing. Just be the thing, then be big.

Hello Caya Greetings from Ghana here🇬🇭 Been following your content for a few months now and want to say I really appreciate the value you give out here. Big ups👍

This has got to be one of this single most understandable and well explained comparisons of the two types of businesses. Fantastic articulation. Small businesses need to know this so they don’t unknowingly venture into the realm of venture capital raising and its headaches, unprepared with the huge expectations from investors. Small business need to know the great freedom and enjoyment of not taking on investors. There is joy in not always having your creation be a Shark Tank story. Thank you!

You talk like an honest guy giving genuine advice. Now I understand that this is part of your business but I believe that your business model is and videos are pretty well designed for people to connect to your company. In other words, a startup telling other startups what to do. Kindof what motivational speakers do. Make money by giving advice to others on how to succeed. I think it is one of most robust business models out there because there is such a low % of people or companies who actually succeed. So you can never run out of customers and never get outdated!

Thanks for watching! Check out even more resources: - Our pitch deck service: slidebean.com/pitch-deck - Our Blog: Daily articles on startup insights. slidebean.com/blog - Slidebean app: You can access a bunch of features for free slidebean.com/plans - Our Free Templates: Nearly 200 free templates you can download and edit, including the ones you need to get your business started. slidebean.com/templates - Our Udemy course: udemy.com/course/starting-a-business-101/

The content here is University level. Totally in love and will definitely sign up when I'm ready for presentation.

Im in the process of starting(or more accurately re-starting) a small business which I tried to start once and due to personal issues(namely a nasty break up with my then girlfriend and business partner and subsequent deep depression), never got off the ground. Right now, Im watching and reading all the info that could possibly help me. So thanks from a new subscriber

I find this guy annoying for some reason, but he’s the only one who made the content I was looking for. I appreciate that.

The terminology I hear the most often to define the difference in types of startups you are referring to is: scale ventures (what you called startups) and lifestyle businesses (small businesses).

the quality of the content this guys bring is insane

Reading about people grabbing multi-figures monthly as incomes in investments even in this crazy days in the market, any way or any pointers on how to make substantial progress in earning I would really appreciate.

We have a business fair event in school where we have to put up a real business inside the campus with the students as our market. My team and I decided to put a vending machine business. We had a hard time choosing what kind on machine to use. Since one of my team members owns a massage chair, we decided to put up that one. And wow!!!! We are amazed with the result. A lot of students try it out and they liked it.

As a startup/SME legal adviser j can totally relate to this. Thank you for sharing this.

amazing video like always, I watched a lot of vc/startups related content on YT but yours is really really dope. Thx

The vending industry is an old line established industry. It is rapidly evolving. I worked for a non food vending machine - a massage chair. So far my profits are increasing monthly. I’m glad I decided to start this kind of business. If you want to earn fast and easy, try a vending machine business. It works for me. No need for other additional cost.

I finally got the RU-vid channel I have been searching for all my life 👍😁💪

I am truly amazed by the quality of the content of Slidebean's videos. Thank you so much!

I feel like this is all about cycles, you get better at every cycle as you depart from a different point and eventually you get to the Unicom stage. The problem is that sometimes you are really good and due to many reasons you are already ahead in the game and manage to build a great company with fewer attempts, creating that wrong expectation about everyone else.

You guys are doing great things! I like your pitch decks too!

Thank you for giving the good information.Most company in my country always introduce as start up.Now I understand that they are small business

Great video! A new follower of your content. My gosh you guys have the feel and knowledge of a unicorn startup! Learning so many things from you guys

0:10 - '"or get acquired for insane amount of money" The example you guys took got acquired for $27 Billion. Keep up the good work !!

Dude - what you did, IS a FANTASTIC achievement and WAY more people should be starting businesses vs being obsessed with vc funded route - so many people are misled by the techcrunch type of hype of the vc funded approach - and way too many get absolutely nowhere where they would much more likely succeed with the profitable business approach. Building on Bedrock by Derek Lidow is a great book about this (and I am not affiliated :)

@6:19 - “Love dong”. Lol.

Definitely a small business. Not looking for any investors, instead I'm leveraging our Software development skills to build software for clients and use that that money / profit to fund the development of internal tools which will in the future be our main source of income. Very happy with the progress and I'm excited to swap over to our onw products being the main attraction. very good video, thanks.

This is such a awesome channel.. Breath of fresh air on dusty topics ...

Great video- watched it twice! Thanks for creating

This is the first video I am seeing on this channel and I really liked. I am an entrepreneur myself and very few people aware of this fact who do startups.

Great content keep it up!

You're Costa Rican!!! Amazing, I'm Panamanian, salute!

Wonderful video, like always, keep up with the good work!

Este canal es todo lo que necesite para entender la importancia de tomarme el camino de el contenido que compartes. Me encanta, gracias muchachos.

I clicked away, thinking this wasnt relevant to me. So happy that I came back in!

Loved the video and so glad I found this channel. The quality of your content is insane. Out of curiosity, what would you consider your company? Would it be a small business (since you mentioned revenue over time)? And how were you able to find/deal with investors who wanted large scale, whereas you ended up finding that you weren't exactly the large scale company? I also feel that one big reason for scaling quickly for these unicorn startups is that the moment you're out in the market (because what you're doing is much easier to replicate/scale), you'll start attracting competition quickly - especially if what you're doing is more proprietary. For example, with Uber came Lyft and with GrubHub came Postmates, UberEats, Caviar, etc. - Just a thought :)

Thank you for this information. Much appricated

Thanks for the Podcast!

One thing I want to define is if you can really handle corporate job well then only you can excel in a start up because when you got investors they want you to work day and night for their 10x growth

great content. Especially the advice on the type of investors.

I don't understand how a seed investor can put pressure on a company. Let's say you have an investor investing 5000 and you become a "small business" (or lifestyle business) and manage to earn enough money to stay afloat without further investments. Or even grow slowly little by little. How can a seed investor put pressure on you?

For me, a small business is when you are self-employed - let's say making handmade knifes, or being a freelancer online, or having one or 2 or 3 crews working for you for example, which in our small east-European country is something like 20 to 100k in capital. Just saying how different things are in the US. Here, the vast majority of clothes shop owners are people that have rented a shop for 1k/month and have 10k in clothes, and employ 1 or 2 girls as sellers

Nice video ;) thanks for a comprehensive comparison

Insightful, enlightening, and straight to the point.

First time watching and subscribed. U are amazing.

I really love it

Damn, I needed to hear this. Thanks 🙏 subscribed.

Brilliant, your channel is a hidden gem, you just earned a sub

This is world class......great simply great....thank u

This is so helpful

SALUDOS DESDE CANADA ME DA FELICIDAD VER COSTARRICENSES EN RU-vid!

Very underrated views. Great content!

Thankyou!

Excelente video Caya. Consiso e informativo y felicitaciones por ese gran crecimiento de su compañia en tan poco tiempo en un mercado tan competitivo. Orgullosamente costarricense.

Excellent Work, Thank you 🏆

Where did you get your glasses frames and model?

Love that and some great advice, and I have to agree to try and start a business with the concept of getting or needing seed funding. For me in MHO you build it first MVP add a customer base prove what you are doing works and there is interest in it. I've got years in tech build product for sale, and we have always taken the safe option of build in an existing community and for sure we've done revenue of 1m plus year after year. A few years ago I decided to try something different and build outside of an existing community i.e. have our own software platform and challenge existing solutions. Trust me when I say it is a lot harder, but understand the size and the model of the business at each stage is really important

Truth is beautiful after all.....best video ever .....Thanks a lot for this video.

Thanks !

great video as always, one thing, at the beginning you show a not equal symbol being crossed out, meaning it's not not equal

Carlos Meza knows his shit

Amazing video!

Amazing! Happily your new subscriber

Great content!

That time when you here your country be named Costa Rica nad you are like, wow. Haha

I can’t find the podcast he suggested! Dose some one have a link?

I am loving the content

WHat happens in a situation where small businesses pivot to become "start ups".. in other words, service compnay evolvs into a product company

Never heard such data before...very interesting and i informative.

Who noticed a rise in SaaS startups in recent times ?? Great video 👍

I'd love to start baking one day as a side gig. Don't know if that counts as a small business but it sounds like a funner hustle than driving for Uber or flipping thrifted shit. Anyone else here who wants to make money off of baking?

Hola, para que el chormakey te salga mejor sube a 60 fps la captura del video para que desaparezcan las estelas de tus manos. Saludos

The differentiation by having to have more employees if you get more customers seems weird as this would kinda mean that Amazon would fall into that category as they need big warehouses and lots of employees to ship all the packages.

thanks again really useful as usual. I do have a question about the registration of the brand (company name): is there any benefit (or advantage) for any of the founders to register the name of the brand under his/her name? (instead under the company itself?)

Thank you Slidebean

The honest truth is that startup investors (Venture Capitalists) would rather you take and burn their money fighting to grow your company to be valued at billions of dollars, than for you to grow slowly and have consistent revenues of say $10s to even hundreds of millions of dollars. This is why Uber was able to raise $10b+ despite burning almost all of it and still not being profitable 10 years later. But Molly the bakery can not burn money. She needs to balance her books because no one is throwing $1m+ her way and the value of her business is 1-2x revenue minus expenses and liabilities.

Amazing

Cool didn't know you guys started in Costa Rica

Nice one ☝️👌

I love ur content it's awesome

so ur company does the same as a powerpoint feature?

Do u guys take contract to make a software or a something like that if I offer it to u in future

Professional guidance brings about remunerative results. Great job Alexander payden.

Good content

Where's part to of this video. It was way too short.

Been a subscriber for a few days now, had no idea that Slidebean was software! I actually know several people who could use that, will definitely check it out

Wow. After a long time I found a genuine channel

I am thinking about a new type of restaurants : eating-spots, in eating-spots, food keeps changing, chefs also rotate, this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are way more powerful than restaurants. along with that, there is an app, people vote for the food that will be cooked in the next days. menu is influenced by the live input of the people via an app.

Your videos are really an asset, I'm a big fan of yours. A recent graduate of electrical and electronic engineering. I'm also a full stack developer and I run a startup (still in development). I've been helped in no small measure by your videos. Keep it up sir. 🤗

1:11 love this momment

excellent video

Brilliant

Very good

Well said.

How is this channel not taught to us in school 🙆🏾‍♂️🙆🏾‍♂️

Im wondering what you have to do to start your own tech business cause i want to be an entrepreneur when i graduate the 12th grade

Super dope

Really valuable content right here

Love this 🇹🇿🖐