Startup Street | Why new businesses find it tough to grow up

Deciding when and how to scale up is tricky. Besides the right product and timely funding, it needs mental toughness and ability of founders to overcome challenges

December 22, 2022 / 10:09 AM IST

Startup Street | Why new businesses find it tough to grow up

It is beneficial and also important for a startup to scale up. (Representative image)

“You’re off to Great Places! Today is your day!Your mountain is waiting, So get on your way!”-Dr SeussWhen you talk about startups, the word growth is not far behind. In fact, one of the pressures of being a funded startup is the pressure to scale up fast. In reality, as the current funding winter environment shows, it is better for a startup to first focus on survival. Even in countries like the USA, half of startups fail by their fourth…

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Donovan Larsen

Donovan is a columnist and associate editor at the Dark News. He has written on everything from the politics to diversity issues in the workplace.

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