Have you ever wondered why it seems like tech companies get all the attention from venture capitalists, angel investors, and private equity firms? Wouldn’t it be nice if you could get a slice of that money pie? Well, the first step is understanding the difference between a tech company and a tech-enabled company.

A technology company is an organization that wouldn’t (indeed, couldn’t) exist if it weren’t for technology.

A tech-enabled business uses existing tools, platforms, libraries, and frameworks to make a company or a solution it provides more efficient or effective.

The differences between tech companies and tech-enabled companies have implications that help determine the team, possibilities, and valuations of the work, one is certainly not better nor worse.

But, what if you’re not a tech or a tech-enabled company? Listen to this week’s episode of On Business with Stacy Towles.

Get business help, visit https://stacytowles.com