Professional Documents
Culture Documents
Scalability of
Startup
29 SEPTEMBER 2021
Resources:
Cohan. 2019. Scaling Your Startup: Mastering the Four Stages from Idea to $10 Billion
• Chapter 1. Exploring the Scaling Model
Book 1
• Chapter 14. Strategies for Firm Growth
• Raising capital
• Redefining job functions
• Hiring, promoting, and letting people go
• continuing to build out the management team, finding more customers, and
implementing systems that will help us scale, such as financial and billing tools
• The most important was product-market fit. We knew that if customers were
purchasing regularly and sticking with the product over the long-term, we could be
ready to scale
When to scale?
• Seperti berkendara: Gas, Rem, Timing → indicator
• To fast = burn money, to slow = miss opportunity
• several key milestones you’ll want to achieve before scaling.
• Product-market fit.
• Pull versus push
• Small tests working
• Solution usage/feedback
People, Process, Technology
As you scale, it’s critical that you involve your team, build smart processes, and leverage
technology where possible
• People: founder leads , Recruiting new people
• Process: Scaling is a time to go from having one-off solutions to problems to addressing
issues with systematic processes. As a management team, you can’t be involved in every
one-off decision and conversation that takes place
• Technology: As you begin to grow, you have the opportunity to put systems and technology
in place to help you. Collaboration tools customer and prospect tracking technology,
accounting software, web hosting, dll
Lesson
• Look Before You Leap
Data and information, discussion with mentor, investor, people know the scale up
Spend the time discussing the tough problems of roles, responsibilities, equity, and decision-making
Lesson
• Raising Money Improves Your Business
If you’re successful in raising money, you’ll likely add a group of investors that will actively help and support you as
you grow and even when you stumble. use the process of raising money to not only get money, but to
fundamentally improve your overall business
• Execution Turns Ideas into a Company
Execution is about getting the right things done consistently. That means managing a team by clearly setting
objectives and milestones, tracking their progress toward those goals, and communicating clearly to create feedback
loops to better complete and improve the work.
It’s All About the Team
Solid execution can only happen if you have the right people in place. Recruiting the right team actually starts with
your culture. By clearly defining your values, principles, and business philosophies, along with your vision and
business model, you’ll better target and attract the right talent for your startup
Kesimpulan
• Why startup must scalable?
• What important thing to scale a business?
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