1.1.17: Growing Pains in a Startup

Article Link: http://www.forbes.com/sites/jacquelineros/2016/12/20/growing-up-is-hard-lessons-from-scaling-our-startup/#29654ecc3222

HAPPY NEW YEAR!!!

I’m still recovering from last night, so I went for an easy read about organizational issues that come with a growing start up. There isn’t much meat to the article, but it basically speaks to how you need to adjust the way you manage your team based on the stage and size of the startup. Really a no-brainer, but it’s worth thinking about.

As with all startups, flexibility is crucial I’d imagine. What got you here, may not be what you should do to get to the next level of growth. I personally have never started my own venture, but I think the toughest thing is entrusting your leadership once you’re team has grown. Entrepreneurs have their vision of their company and get used to the grind of executing business decisions in their own way, but once your leadership has been established… let them lead!

The main takeaway from the article though is adjusting how you gain alignment across the larger team, allow members to feel they’re being heard, and provide ongoing feedback to individuals and the collective. The adjustment should be dependent on each situation and company, but the balance between consistency in vision and flexibility of operations is an ongoing battle that’s tested with each stage of growth.

I go sleep now.

Article 2 Link: http://www.theaustralian.com.au/business/rough-road-ahead-for-hyundai-kia/news-story/957890da9cdd378c43e87dc290fe632e

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