The Startup Genome Project just released a very interesting study.
In the study, which took 6 months to conduct, they gathered and analyzed data on over 3200 startup companies in the technology field.
Their goal: to identify the reason why some startups succeed, while others fail.
Importantly, in their research, they identified the ONE reason that stood out more than all the others for business failure. That reason: premature scaling.
So, what is “premature scaling?” Premature scaling is trying to grow your company too quickly.
To read the full, original article click on this link: 3200 Startups Said This SAME Thing | Growthink
Author:Dave Lavinsky
