In the business, persons are two types, legal persons (personne morale) and physical persons. Both of them have identities, bank accounts, and addresses, and both pay taxes .
Legal persons refers generally to entities like corporations organizations, and start-ups.
So, what would be a start-up if it was human? Well, nothing is more accurate than a child.
Have you ever considered a start-up like a child? They share some fantastic qualities that are required to succeed. Like limitless imagination, curiosity, courage, and resilience help them break free from past limitations and have no limiting beliefs.
Limitless Imagination
Just like kids have a remarkable ability to imagine and create whole new worlds, start-ups are also fuelled by their imagination. Generally, a start-up is oriented to growth, so there is a big imagination, that’s why the big part of the start-up revenues are reinvested again to help the project get bigger.
You can read more about start-ups in our previous post in my blog: What is the differences between a Company, Business, Startup, and Organization?
Fearlessness
Kids have no boundaries in their minds, he is new to the world, something like this cup of coffee is hot I should not touch it is not in their minds. So as startups, their business idea is new to the world, so the only way to know if it will work or not it to try it.
Like trying to hold the hot cup of coffee, sometimes it might hurt.
The Boldness to Follow Dreams Both startups and kids have the bravery to chase their dreams. Children follow their passions without hesitation, and startups pursue their vision with determination. This fearlessness is a key factor in their success.
Freedom from Previous Constraints
Perhaps most importantly, startups and kids are not limited by the constraints of the past. They embrace new ideas and opportunities without being held back by tradition or existing norms.
That comes from the fact that what they are trying to do, might have not been done before.
In conclusion, the similarities between startups and children are a testament to the boundless potential of human creativity. And the most important thing is don’t let other’s past failures demotivate you.
