Working with freelancers and contractors is a great way for startups to quickly scale their teams with little risk. You can immediately access specialized talent in a cost-efficient manner and without the commitment of hiring full-time. This is especially helpful during the early stages of startup development when your company may have limited access to […]
Experiencing rapid growth is an exciting time for a startup, but it often leads to unfamiliar challenges. If a startup isn’t properly prepared for the growth it’s experiencing, the situation could quickly result in failure. About 90% of startups fail completely, and scaling too quickly is one of the top reasons why. To end up […]
You’ve probably heard that nearly half of all startups fail within the first five years, but did you know the odds of successfully scaling are relatively bleak? Of the startups that survive five years, only about one in 200 become successful scaleups. According to McKinsey & Company, just 22% of businesses launched in the past […]
