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How to Scale a Business: 6 Tactics to Utilize HBS Online
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4 Startup Challenges to Avoid When Scaling Your Business
WebAug 11, 2024 · Scaling a business requires thoughtful, strategic planning. According to data from McKinsey, only 22% of new businesses launched in the past decade have successfully scaled. Common mistakes businesses often make during the scaling process include: Scaling too fast Prioritizing short-term over long-term goals Losing focus WebShaping your brand persona is an essential step in starting an ecommerce store. A business offering health products might be bold and energetic. A company making toys for children might try for nurturing and welcoming. Above all, a good brand persona is a consistent brand persona. Apple is always sleek and innovative. Web5. Pursue media exposure more actively. To scale your online business, you will need to explore new markets and reach out to new people who can potentially become new readers, subscribers, and customers. There are many ways you can do this, including writing guest posts and sending out press releases. boody black friday