Entrepreneurship and start-up, which are popular concepts in today's business world, are often confused with each other.

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Running a business or business requires attention to detail as well as dedication and strategy. Ensuring the development of the company depends on the proper coordination of ideas. The point that draws attention here is the difference between start-up and entrepreneurship. It is a point carefully understood by successful companies that not every start-up is an example of entrepreneurship.

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Today, there are many examples of start-ups, as well as many examples of entrepreneurship. However, there are some fundamental differences between these two concepts. The founder of a start-up is an entrepreneur. But the main difference between them comes in the goals they have.

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What is Start-Up?

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Start-up is the term used for a company that starts from the ground up. It is defined as the beginning. Also called new venture, venture and new techno venture. There is no definitive definition agreed upon. However, it is used in this sense and is used for companies that make a new venture. The companies that make this attempt are generally techno companies. It is also used for all growth indexed companies. Of course, this term is not limited to these concepts. The most well-known examples in today's market are; Facebook, Twitter, YouTube, WhatsApp, Uber etc. income. Start-up companies can gain prestige by gaining a place in the market. It is possible that it will turn into billion-dollar giant companies after it has established itself in the market.

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What is Entrepreneurship?

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Entrepreneur; It is a person who is ready to create business opportunities, creates new business systems and uses all opportunities for financial gain only. Entrepreneurship also has different types such as intrapreneurs and social entrepreneurs. Unlike the intrapreneur, the social entrepreneur is the entrepreneur who does not prioritize financial interest.

The word enterprise cannot be defined as a concept that literally corresponds to and explains this term. For example, a grocery store or greengrocer can be considered a startup, but with the limited audience they can reach and the size they can reach, they cannot be considered as a start-up. This term solves a problem in the market and then makes the customer or user dependent on their company. If it cannot meet the needs of users or customers then this market may collapse within.

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So what are the differences between these two concepts?

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Start-up and entrepreneurship are often misrepresented and often used synonymously. By learning the differences between Start-Up and entrepreneurship, we can better understand these two concepts. If we explain the differences between these two concepts by making an analogy, if entrepreneurship is Earth, it means a start-up galaxy.  

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• They have different perspectives on the problem: Most initiatives build on a problem that has been solved. Opening a barber shop is an example. These and similar initiatives take steps by restructuring a solution that has been produced according to today's conditions. Start-up, on the other hand, proceeds through the problems for which no solution has been sought or the solutions for which no solution has been found. In addition to these, it also covers behaviors to solve a problem that has a solution more effectively and quickly. The rate of using technology is higher than the other.

• Risk Analysis Difference: The differences between start-up and entrepreneurship also include risk analysis. Every venture always involves risk. Since traditional initiatives are based on a solution-generated model, the initiatives usually pay off. It is less risky than the other. Start-up carries bigger problems. Because there is no example of the problem he wants to try to solve before. This difference causes some mistakes to be made in the progress stage.

• The Difference in the Fields They Target: One of the differences between start-up and entrepreneurship is that the fields they target are different. Traditionally weighted initiatives mostly adopt the local, regional area. Start-ups, on the other hand, adopt more countries and a worldwide area. Therefore, there is a search for a larger solution.

• Market Change Difference: Another difference between start-up and entrepreneurship is market change. Although there are efforts to adapt it to the present in traditional initiatives, they cannot make a big difference. The other is more open to innovations by comparison. There are obligations to keep up with the change, which is one of the necessities of today. They offer different business models to the society. Moreover, they can make something that is not in our lives now indispensable in our lives in a few years. Together with the innovations they introduce, they can create a change in the market.

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