A founder is someone who establishes or starts something new, such as a business, organization, institution, or movement.
🧠 Definition Highlights:
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Business context: A founder is the person who initiates the creation of a company or startup. They often shape its mission, vision, and initial strategy.
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General context: A founder can also be someone who starts a school, charity, religion, or any organized group or system.
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📘 Examples:
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Steve Jobs was a founder of Apple Inc.
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Maria Montessori was the founder of the Montessori educational method
Investments
A company is a legal entity formed by individuals or groups to conduct business, typically with the goal of earning profit. Companies can take various forms depending on their structure, size, and purpose.
🏢 Key Characteristics of a Company
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Legal Entity: It has its own legal identity, separate from its owners.
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Ownership Structure: Can be a sole proprietorship, partnership, corporation, or limited liability company (LLC).
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Rights & Responsibilities: Can enter contracts, own assets, hire employees, and pay taxes.
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Profit or Nonprofit: Most companies aim to make a profit, but some are structured as nonprofits for charitable or social purposes.
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🧩 Types of Companies
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Sole Proprietorship: Owned by one person.
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Partnership: Owned by two or more people.
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Corporation: A separate legal entity with shareholders.
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LLC: Combines features of partnerships and corporations.