Startup Funding Espresso Startups Are Not Big Companies
Startups Are Not Big Companies Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Big companies are those who have found product-market fit and have encapsulated their repeatable and scalable business model into processes. Big companies who want to achieve innovation will find that they are not startups. Startup ideation creates new ideas that disrupt those existing processes. New business models, products, and concepts often don\u2019t fit into the big companies' current programs. They have metrics and KPIs that track the current processes. This is why it\u2019s hard for big companies to innovate. While big companies may want to innovate they rarely have the tools in place to do so. The processes and programs for generating startup ideas are different from those that are optimized to execute on them at scale. To launch a startup ideation process many companies create a separate group that can run under different metrics. This group uses metrics that track startup ideas, investigations, market validation, and other steps. They have a different incentive plan that fosters new idea creation, validation, and testing. They often reside outside the firm\u2019s location as the culture and mindset are also different. If you are considering startup ideation at your work, keep these points in mind. \xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .