Every small business hopes to grow and evolve. Some grow faster than others, and when your startup experiences its first “growth spurt,” you’ll likely want to capitalize on it and scale up as quickly as possible.
Of course, this is easier said than done—if you want to scale successfully, you’ll need the right strategies in place. Below, a panel of Forbes New York Business Council members shares their tips for handling rapid growth as a small business. Follow their advice to smoothly scale up.
Build Infrastructure And Automate
Do you know what Sheryl Sandberg focused on in the years leading up to Facebook’s IPO? Automating manual processes, inefficiencies, redundancies, data silos, and other non-revenue generating activities. Before you start adding headcount too fast, consider streamlining and automating your processes. These days, robotic process automation may help save your bottom line and help you to grow. – Scott Amyx, Amyx Ventures
To read the full article, visit Forbes: https://www.forbes.com/sites/forbesnycouncil/2019/06/28/11-tips-for-scaling-up-during-your-first-startup-growth-spurt/#138a659225af
About Scott Amyx
Managing Partner at Amyx Ventures, Top Global Innovation Keynote Speaker, TEDx, Forbes, Singularity U., SXSW, IBM Futurist, Tribeca Fellow
