I happened to be in two conversations over the past week centred on making an investment in scaling a business. And they prompted me to share my experience in making scaling decisions. To successfully scale a business, at least five things need to be in place. A strong value proposition, product-market fit, a scalable market,…
The DNA of business The only purpose of a business is to find and retain a customer. Peter Drucker. Businesses and business models come in all sizes, shapes and forms. However, at their core all businesses have the same six basic building blocks that drive their success. Every business can be defined by considering the…
Staging for Startup Success “Success is a process.” ― Alex Noble “If you put good people in bad systems (processes) you get bad results.” ― Steven Covey Most start-ups fail because they don’t get to product-market fit. Start-ups (and other early-stage ventures) that go through a gating process, whereby they invest more only after scaling…