A startup is a company designed to grow fast. Being newly founded does not in itself make a company a startup. Nor is it necessary for a startup to work on technology, or take venture funding, or have some sort of "exit." The only essential thing is growth.
Startups are so hard that you can't be pointed off to the side and hope to succeed. You have to know that growth is what you're after. The good news is, that if you get growth, everything else tends to fall into place. This means you can use growth like a compass to make almost every decision you face.
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An important read for anyone thinking of starting up a company.
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