Comment on Why Startup Hubs WorkparentComments−pchristensen14yOne of the best descriptions: http://steveblank.com/2010/01/25/whats-a-startup-first-princ..."...a startup is an organization formed to search for a repeatable and scalable business model."−hugh314ySo was the first McDonald's a startup?−pchristensen14yIt was when Ray Kroc took it over and wanted to build a nationwide chain, instead of run a single restaurant.
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One of the best descriptions: http://steveblank.com/2010/01/25/whats-a-startup-first-princ...
"...a startup is an organization formed to search for a repeatable and scalable business model."
So was the first McDonald's a startup?
It was when Ray Kroc took it over and wanted to build a nationwide chain, instead of run a single restaurant.