david stack: 5 factors of scaling startup growth
TRANSCRIPT
Factors of Scaling
Startup Growth
d a v i d s t a c k
5
For startups, driving continual
growth is a critical component.
For startups, driving continual
growth is a critical component.
“If you don’t think about scale,
who will?”
From optimizing your resources to
figuring out how to grow revenue while
keeping operating costs low, scale is
something that any entrepreneur must
carefully consider while launching and
growing a startup.
Here are five factors to keep in mind as
you embark upon scaling your business
into the best version it can be.
It’s critical to have an overall and
cohesive vision for all of the important
staffing, systems, and process decisions
that you implement.
1.Vision
It’s critical to have an overall and
cohesive vision for all of the important
staffing, systems, and process decisions
that you implement.
The impact these decisions will have must
be kept in mind for the implementation of
your overall business strategy.
1.Vision
It’s critical to have an overall and
cohesive vision for all of the important
staffing, systems, and process decisions
that you implement.
The impact these decisions will have must
be kept in mind for the implementation of
your overall business strategy.
Essentially you want to make sure you’re
always seeing the forest, and not just the
trees.
1.Vision
It’s essential that you evaluate staffing
plans for the next 12-18 months on a
constant basis.
2.People
It’s essential that you evaluate staffing
plans for the next 12-18 months on a
constant basis.
Hire “A Players” who understand your
vision and are just as excited about
achieving its success.
2.People
It’s essential that you evaluate staffing
plans for the next 12-18 months on a
constant basis.
Hire “A Players” who understand your
vision and are just as excited about
achieving its success.
Make sure your staffing plan is aligned
with the company’s culture and values.
2.People
Evaluating when to upgrade your ERP is
the most critical decision you can make.
3.Systems
Evaluating when to upgrade your ERP is
the most critical decision you can make.
The key is balancing where you are in the
growth cycle.
3.Systems
Stay true to your core values and culture
as you grow, and make sure that everyone
on your team understands that building
for scale is an essential part of your
success plan.
4.Culture
It’s essential that you evaluate staffing
plans for the next 12-18 months on a
constant basis.
5.Scalability
It’s essential that you evaluate staffing
plans for the next 12-18 months on a
constant basis.
Hire “A Players” who understand your
vision and are just as excited about
achieving its success.
5.Scalability
It’s essential that you evaluate staffing
plans for the next 12-18 months on a
constant basis.
Hire “A Players” who understand your
vision and are just as excited about
achieving its success.
Make sure your staffing plan is aligned
with the company’s culture and values.
5.Scalability
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