Startup Funding Espresso – The Startups Advantage Over Big Companies

The Startups Advantage Over Big Companies Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. While big companies have size, resources, and reach, the startup holds advantages of their own. Here's a list of the startups' advantages: Focus - the startup can focus all its energy and resources on one thing. Big companies have an existing product line, team, and commitments they must maintain They cannot focus solely on one thing. Speed -- the startup can move fast in building and iterating on a product. Big companies must coordinate teams across department lines. They cannot move fast given their structure, culture, and workload. No legacy products -- the startup has no existing products to defend. Big companies have legacy products they must support and sell. In most cases, they must work around their current product lines. No brand risk -- the startup has no historical brand to maintain. Big companies have a brand and must protect it. They cannot take on risky startup products as it puts their reputation at risk. While big companies have a brand, scale, and resources, the startup is particularly well-positioned to pursue new products with disruptive technologies. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact [email protected] Please follow, share, and leave a review. Music courtesy of Bensound.