Tuesday, February 23, 2021

The Difference between Start-Up

Charles David Snyder of Rocky River, a Cleveland suburb, graduated cum laude from Ohio University with a bachelor of business administration. Since 2015, he has led LongReach Advisors as chairman and CEO, providing consulting services to help technology firms increase their efficiency and grow revenue. C. David Snyder maintains a professional interest in the enterprise software business.


A December 2020 Forbes article discusses the fundamental differences in how a start-up company and a seasoned corporation approach software development. Start-up owners spend an average of 14 hours a day on their business, according to a 2018 survey conducted by MetLife and the US Chamber of Commerce. Typically, younger -- and more tech-savvy -- start-up owners utilize primarily cloud-based services that can be quickly shifted and adapted as needs change.

Established corporations largely rely on more mature systems and interior infrastructures, but in enterprise software development, business continuity and stability are essential, as is a high-quality development process and an experienced IT specialist. Start-ups tend to be more concerned with determining and finding their market, obtaining funding, and scaling, which means software development moves down the priority list.