In the enthusiasm of starting a new business, startup security rarely comes to the mind of new managers. Most are concerned with keeping their investors happy, building human and asset resources, and leveraging growth opportunities. Startups are associated with increased risk levels in the race to get ahead the competitors. Consequently, security planning for startups should concentrate on risks and threats that ensue from the newness of the undertaking, as well as from the specific business needs.
Almost everything about startups is new and carries and elevated value for the members. You have most probably rented a new office in an unknown area or shared a workspace with several other startups. The startup workforce consists of newly employed people, some of which you see for the first time in your life. Thinking about security for startups is very much about keeping investments, assets and equipment safe for as long as you build a strong business foundation.
So many startups come from the tech sphere, that startup security is almost always about physical access control, but also about keeping digital assets safe. As a general rule, most startups are less forgetful about the digital than about the physical startup security.
Two other very important aspects of keeping your startup safe are business reputation and funding accountability. Missed threats or dangers that will cause harm to the startup activities can cost your business reputation; that is something you are trying to expand, and not devalue. Being accountable to whoever is funding you is also critical. Many investors want to know how you spend their money and how you plan to minimize risks.