Definition of Startup and its Characteristics

    The meaning of the word startup is something that refers to a company that has not been operating for a long time. These companies are mostly newly founded companies and are in the development and research phase of finding the right market. So if we summarize briefly, a startup is a new company that is being developed or has not been operating for a long time. Therefore startups are often referred to as startup companies.

Startup Characteristics

1. Company age

If a pregnant woman is like a company, then a new born child can be like a new business that will be run when it is less than 3 years old.

2. Minimum number of employees

In general, startups have a number of employees that are slightly less than 30 people.

3. Multitasking human resources

Even though it started with relatively few employees, the employees had the best talents and experts in their respective fields.

4. High work spirit

In addition, employees who work at startups generally come from millennials who are young and technology literate. Usually these companies are founded by young people ranging from 20 to 35 years. So that with this age range, they still have many desires that they always want to pursue accompanied by a passionate spirit.

5. Generally engaged in technology

Although the real meaning of a startup, it doesn't always have to be in the technology field. Often we meet some of the startups that exist today must have in the field of technology.

6. Website is the main tool

Startup companies must have a personal website to carry out all their work, namely to offer and promote the products they sell. The businesses they run include online services whose operations use applications that are always connected to the company's own website.

7. Startup customers are priority

The target of establishing a startup is to get as many consumers as possible. Therefore startups always present innovations to pamper every customer they have.