What kind of startup are you building?

06/24/2013 | Wall Street Journal, The

The term "entrepreneur" can be applied to anyone who starts a business, but the truth is that entrepreneurs can have radically different goals, writes Steve Blank. Some entrepreneurs start lifestyle businesses that allow them to do what they love; others create startups that have the potential to grow or be acquired by larger organizations. Each variety of startup "has different financial goals, requires different teams and uses different financing strategies," he writes.

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