Startups are everywhere. In this era of fast-paced change, new technologies and disruption, there is plenty of opportunity to let entrepreneurship thrive. Evidence can be found in the many companies being launched every day all over the world. Statistics show that in countries like Belgium, the Netherlands, France and the UK the number of new-born companies in 2017 broke all records, with growth figures between 4 to 7% in comparison to the year 2016. In absolute numbers this comes down to more than 1 million new businesses being created in these 4 countries in a period of just 12 months.
Not all of these companies and entrepreneurs will succeed and have the ambition to grow. Many can be considered as lifestyle businesses mainly created to allow the entrepreneur to make a living. But even if only a minority can be considered a startup, meaning young businesses characterized by innovative technologies and/or business models, pursuing fast growth in sales and/or employment, it still represents a group of thousands of new companies that are currently moving towards changing your industry significantly in the coming years. Instead of competing with the start-ups, it might actually be much more interesting to collaborate with them.