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Scaling a Business Depends on Owners Eliminating the ‘Army of One’ Mindset
- twr
Research shows 70% of startups find it hard to scale their business. It’s easy to go wrong, yet the rewards are compelling. One study says that startups that succeed with scaling are known to raise upwards of 250% more money than anticipated. But the truth is that scaling a business requires thoughtful, strategic planning. According to data from McKinsey, only 22% of new businesses in the past decade have successfully scaled.