what is a start up

A startup, also known as a start-up, is a company or project initiated by an entrepreneur to seek, develop, and validate a scalable business model. Startups are typically in the early stages of their development and are often founded by one or more entrepreneurs who aim to bring a unique product or service to the market. These companies are characterized by their focus on disrupting industries, introducing new processes and products, and their innovative spirit. Startups often require sustained effort, market validation, and may involve seeking additional investment at various stages of their growth. The ultimate goal of many startups is to achieve rapid growth and potentially become publicly traded companies.