Beyond startup leadership

Beyond startup leadership

The entrepreneur starts out with an idea. He/she takes that idea, executes it, and makes things happen. There’s so much action in an startup environment. As the startup begins to grow, new challenges arise. Some of the early growth challenges include finding other “startup type” people to join the company, retaining these people, and also developing them into future leaders of the organization.

As the startup begins to grow, the same people who initially joined the company will have to acquire new skills and knowledge to take the company forward. The same approach, skills, and attitude that brought the company from startup phase to growth phase might not work at a different scale. Thus, most companies begin to hire experienced people, bring in consultants, or have their employees get training to take the company to the next level. Realizing when to switch gears and take a different approach will be key for the growth companies to remain competitive, relevant, and profitable.

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