Scaling your Start up

Once a start up has gained success in its core functions, founders often seek to scale and expand. Scaling a tech start up can bring economies of scale and efficiencies. There are a number of ways that this can be achieved. Tech startups are often well suited to expanding via:

 

  • New products or services
  • Market Penetration
  • Expanding to new markets or regions
  • Diversification

Investment and Guidance

As a start up grows it often takes the opportunity to secure investors who can provide the funding and guidance that can be critical to its growth and success. Many founders seize the opportunity to meet co-founders and potential investors at technology conferences. Technology conferences are always teaming with founders, venture capitalists, angel investors and startups. Some well-known Tech unicorns have been discovered at technology conferences and many co-founders have also met at a tech conference.

The most bustling tech hubs often attract the leading tech talent and venture capital firms and angel investors travel locally and from around the world to meet that next potential unicorn in San Francisco. The top start ups locally and internationally converge on the tech capital of the world to be in the right place at the right time for incredible opportunities and networking.

 

Moving for Start up to Scale Up

Here are some of the key considerations when moving your start up to the scale up stage.

  • Move to the next round of funding
  • Invest in Marketing
  • Stay Agile
  • Reconsider processes that no longer work
  • Learn to Delegate