Scalable Startups vs Small Businesses

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The difference between Scalable Startups and Small Businesses

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Scalable Startups vs Small Businesses

  1. 1. Scalable  Startups   vs   Small  Businesses   Scalable  Startups   Small  Businesses   Fully  commiGed  to  support  and  boost   Scalable  Startups  aentrepreneurship,  sfmall  businesses  and  innova;on       Businesses  are  companies  built  to  make   re  companies  with   ounders   Small   that  have  a  vision  to  become  big  and  world  class   enough  to  feed  their  families.  Usually  there   companies  and  usually  these  companies  are   founders  prefer  to  stay  small  and  let  their  family   considered    very  innova;ve   members  manage  the  business  for  genera;ons   Scalable  Startups:   Small  Businesses:   -­‐  New  product   -­‐  Known  product/ -­‐  New  market   service   -­‐  Unknown   -­‐  Known  customer   customers   -­‐  Low  risk   -­‐  Seeking  to  create  a   -­‐  Want  to  keep  it   big  company  with   small  within  the   high  poten;al  of   Key  Characteris4cs   Key  Characteris;cs   family   growth   •  Create  1,000s  of  jobs   •  Create  10-­‐100  of  jobs   -­‐  Have  small   -­‐  Very  risky,  but   •  A0ract  interna4onal  talents   •  A0ract  cheap  labor   poten;al  to  grow   very  rewarding   •  Revenue  >  US$100M   •  Revenue  >  US$1M       •  Change  the  world  to  a  be0er  place     •  Want  to  feed  the  family    What  do  they  need?  (Ecosystem  elements)   What  do  they  need?  (Ecosystem  elements)  •  Mentorship  and  advice   •  Early  stage  investors   •  Ini4al  investment  •  Talent  and  skills   •  Late  stage  investors   •  Grants  and  Loans  •  Educa4on   •  Easier  regula4on   •  Land  •  incubators   •  Global  network   •  Regula4ons  that  support  their  products  Done  by  Abdullah  Alshalabi  –  ashalabi7@gmail.com  

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