Tripod Attributes of Startups

Bottomline: Startups, new business organizations, with scalable capabilities, differ from small businesses because besides the scalability, they are unbounded and unconstrained by geography. Companies which qualify as startups exhibit three attributes which are mutually interdependent. Any firm without these attributes is not a startup.  By understanding these attributes, an entrepreneur or one that aspires to become one, gets to know the challenges ahead of him or her. I explain the attributes in this piece. Starting and building a company (yes, startup) is not easy. First, let me explain what I mean by a startup. A startup must be scalable and…