Press Coverage - The Guardian

Posted on 17th August 2016 at 4:10pm by Carl Reader in Uncategorized

“First mover advantage doesn’t go to the first company that launches,” LinkedIn founder Reid Hoffman once said. “It goes to the first company that scales.”

Successful entrepreneurs know that this is true; starting a business is only half the battle. The real challenge is scaling up.

That means growing an enterprise beyond a few staff, or perhaps just a founder. It means breaking new ground and reaching into new markets. It means raising finance and outstripping the competition.

Growing a business is never boring and can be addictive. That’s why entrepreneurs often sell up as soon as their venture reaches scale, moving on to set up new enterprises for the thrill of going through it all again.


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