Scaling up a business is a very different ball game from starting a business.
A new level brings with it numerous challenges. If you get it wrong, you will either lose a lot of money, or worse – you might even have to shut down.
The best way to avoid some of these mistakes is to listen to leaders who have successfully scaled up and learn from them. To know more about what mistakes one should avoid, we reached out to several leaders who have built and/or grown successful businesses. We asked them this question:
“What’s one key mistake that CEOs need to avoid when scaling up their business?”
We got answers from 33 globally-renowned leaders – from tech as well as ‘non-tech’ businesses.