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I would personally focus on reaching profitability sooner, as for hiring key talent, focus should be on the potential ROI and as to pivot or persevere, really can't decide, no matter how much we want to be data driven, we just aren't and on a long term time horizon, we are always proven right so maybe sustain till we reach inflection point.
Hey I am on MedialĀ ā¢Ā 10m
CEO iQ ( Decision Making Test ) Here are some decision makings challenges for you Mr CEO 1=} Scaling vs. Profitability: You have limited resources and can either focus on scaling your business rapidly to capture market share or on reaching profi
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Since 2022, there has been a shift of focus from growth to profitability for startups. Can someone highlight the reasons behind this trend? Also, based on the data, what are the potential long-term implications for the startup ecosystem if the focus
See MoreFounder - Burn Inves...Ā ā¢Ā 4m
Nowadays, people who are entering the stock market think that they can stay in the market solely with money. However, this is not the case. Without any knowledge, you cannot sustain in this market. Focus on knowledge, not on money. Focus on return pe
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Question: Why focus on multiple markets as a freelance platform? Answer: We are building an open freelance platform that differs from traditional ones. While others typically focus solely on online services, our platform accommodates both online and
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5 Key Principles of The Lean Startup given by Eric Ries: 1. Entrepreneurs Are Everywhere Innovation can happen in any environment, not just startups. Anyone solving a problem with limited resources can adopt a lean mindset. 2. Validated Learning
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I'm not an economist, but I think we should now shift some of our focus from government CAPEX to private CAPEX. My hope is that the upcoming budget will address this. India cannot sustain its economy solely on government spending forever; private pla
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