From optimizing your resources to figuring out how to grow revenue while keeping operating costs low, scale is something that any entrepreneur must carefully consider while launching and growing a startup. In this presentation, David Stack lists 5 key factors to keep in mind as you embark upon scaling your business:

1. 5 WAYS TO SCALE AND GROW YOUR
STARTUP
By David Stack

2. FOR STARTUPS,
DRIVING
CONTINUAL
GROWTH IS A
CRITICAL
COMPONENT.

3. “If YOU don't think about scale,
who will?

4. FROM OPTIMIZING YOUR
RESOURCES TO FIGURING
OUT HOW TO GROW
REVENUE WHILE KEEPING
OPERATING COSTS LOW,
SCALE IS SOMETHING THAT
ANY ENTREPRENEUR MUST
CAREFULLY CONSIDER
WHILE LAUNCHING AND
GROWING A STARTUP.

5. HERE ARE 5 FACTORS TO KEEP
IN MIND AS YOU EMBARK UPON
SCALING YOUR BUSINESS:

6. 1. VISION

7. VISION
➤It’s critical to have
an overall cohesive
vision for all of the
important staffing,
systems, and
process decisions
that you
implement.

8. VISION
➤The impact these
decisions will
have must be
kept in mind for
the
implementation
of your overall
business strategy.

9. VISION
➤Essentially
you want to
make sure
you’re always
seeing the
forest, and not
just the trees.

10. 2. PEOPLE

11. PEOPLE
➤It’s essential that
you evaluate
staffing plans for
the next 12-18
months on a
consistent basis.

12. PEOPLE
➤Hire “A Players”
who understand
your vision and
are just as
excited about
achieving its
success.
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13. PEOPLE
➤Make sure your
staffing plan is
aligned with the
company’s
culture and
values.
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14. 3. SYSTEMS

15. SYSTEMS
➤Evaluating when
to upgrade your
ERP is the most
critical decision
you can make.

16. SYSTEMS
➤The key is
balancing where
you are in the
growth cycle.

17. 4. CULTURE

18. CULTURE
➤Stay true to your
core values and
culture as you grow,
and make sure that
everyone on your
team understands
that building for
scale is an essential
part of your success
plan.

19. 5. SCALABILITY

20. SCALABILITY
➤In order to increase
the probability of
success and
minimize future
blockers to
supporting the
growth of the
company, you must
obsess about scale!

21. SCALABILITY
➤Remember that
decisions that
are made in the
early days can
have a far
reaching impact
in the future.

22. SCALABILITY
➤Pricing is a great
example of an
area that can have
a broad impact on
the company as it
gains traction and
attracts a larger
customer base.

23. SCALABILITY
➤Having a focused
and straightforward
pricing strategy can
help to ensure
consistency and
alignment between
Sales, Marketing,
Product, Customer
Success, & Finance /
Operations.

24. SCALABILITY
➤This is essential
to help drive
positive
interactions with
customers on an
ongoing basis.

25. CLICK HERE TO CHECK OUT
DAVID STACK’S INFOGRAPHIC

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DAVID-STACK.COM
David Stack is a chief financial
officer with over 20 years of
success in leading global
financial operations for growing
companies, particularly those in
the software as a service (SaaS)
industry. David is currently the
CFO at Qstream, a Boston-
based mobile enterprise
software company that provides
analytics to ignite high
performance sales teams.