What exactly is a startup, you ask?
Well, a startup is a young company that is just beginning to develop. Startups are usually small and initially financed and operated by a handful of founders or one individual. These companies offer a product or service that is not currently being offered elsewhere in the market, or that the founders believe is being offered in an inferior manner.
There are people with exquisite sense of notions that works for them, while some need to refine them to reach the masses and attain success.
For facilitating your ideas, your burning desires to change the things around you with your entrepreneur skills, Startup Weekend holds 54-hour startup creation events, bringing together entrepreneurs from engineering, product, design, marketing and business backgrounds.
Participants gather on Friday, and by Sunday afternoon, they launch a company. A startup that can prove its potential may be able to attract venture capital financing in exchange for giving up some control and a percentage of company ownership. People have ideas, enthusiasm and the skills but lack the guidance to execute their work in a requisite manner and inexplicable things hinder their success.
This is where the idea of Startup Weekend comes into the picture.