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The Hidden Traps That Derail High-Growth Startups (and How to Avoid Them)
The unexpected challenges that arise when scaling your business and strategies to overcome them.
Scaling a startup is the ultimate goal for most entrepreneurs. It’s the phase where your business takes off, your customer base explodes, and your revenue charts start to look like a hockey stick.
But scaling comes with unique challenges. These challenges can quickly derail even the most promising startups if not addressed head-on.
Having worked with hundreds of high-growth companies, I’ve seen firsthand the unexpected obstacles that arise when a business starts to scale rapidly. Here are some common pitfalls and how to avoid them:
1. Losing Sight of Your Culture
In the early days of a startup, culture often develops organically. With a small team, it’s easy to communicate values and maintain a shared mission. However, as you hire quickly to keep up with growth, that culture can get diluted.
The fix: Be intentional about defining and communicating your culture from day one.
Here’s how:
- Define your core values.