"Startup is hard, lean is harder"

Business structure

There are several types of company or business structures, including:

S Corporation (S Corp): Combines limited liability of a corporation with pass-through taxation, offering tax benefits for small business owners.

C Corporation (C Corp): Common type of corporation, offering flexibility in ownership and tax advantages like the ability to deduct employee benefits.

Limited Liability Company (LLC): Shields owners from personal liability, offers management flexibility, and provides pass-through taxation, making it an easier option to operate compared to a corporation.

The distinctions among them are based on the nature of the partnership, tax considerations, property ownership, and more.

Business plans

If you want to start known business like

• Manufacturing
• Agriculture
• etc
  

Create you business plan, collect $200K and do it.

But when you can't analysis the market

Then you have to innovate a new model and

start from the beginning

especially if you work in

• Technology
• Services 
• and similar field
  

To start new business you have to use different

methods and structures  

Because you don't know the market yet, so you

have to develop the customers first

and to create a new business model by

learning for the customers problems and needs.

The startup

Below are some videos from Stive Blank

explain how to start startups

1. What you have to know? ( 0:56 )
2. History of the corporation ( 2:24 )
3. Startups are not smaller versions of large ( 0:42)
4. Strategy ( 3:29 )
5. Process ( 3:27 )
   
6. Process development ( 2:05 )
7. Customer vs product ( 3:01 )
8. Why do startups fail ( 0:15)

or visit Udacity to learn How To Build A Startup

Marketing

• Target Markets Served
• Product Offerings
• Pricing Structure
• Promotional Emphasis
• Distribution Method
• Service Level

But what about the ..

Distributed innovation ( 2:08 )

and

Marketing Myopia ( 2:03 )

?

LEAN

LEAN Startup

Pitch elevator

Business Model Canvas