Some of the key indicators of Premature #Scaling:
>Product - Building and launching something nobody wants.
>Customer - Incurring high Customer Acquisition Cost (CAC), overspending on poor
customer acquisition channels.
>Marketing - Excessive marketing and press to make up for the lack of product
demand.
>Team - Recruiting more people than required, hiring experts and specialists
even without an established need for them, and setting up multi-level
hierarchies.
>Finance - Raising too much money leading to excessive spending and scaling in
wrong areas.
Did I miss anything crucial?
It's very important to consider each aspect from different scenarios and do a
bit of secondary research if possible to understand the market
expectations/reality!
#growth #startups #startegy
Posted by Sathish CP on LinkedIn
link: linkedin.com/in/sathishcp
>Product - Building and launching something nobody wants.
>Customer - Incurring high Customer Acquisition Cost (CAC), overspending on poor
customer acquisition channels.
>Marketing - Excessive marketing and press to make up for the lack of product
demand.
>Team - Recruiting more people than required, hiring experts and specialists
even without an established need for them, and setting up multi-level
hierarchies.
>Finance - Raising too much money leading to excessive spending and scaling in
wrong areas.
Did I miss anything crucial?
It's very important to consider each aspect from different scenarios and do a
bit of secondary research if possible to understand the market
expectations/reality!
#growth #startups #startegy
Posted by Sathish CP on LinkedIn
link: linkedin.com/in/sathishcp