You've built a viable solution to a real-world problem, convinced investors to invest in your venture, and started to grow your customer base. Just 7.4% of startups reach Series A ' so you've already beaten the odds. Surely the most challenging part is behind you. But scaling brings new challenges ' often tougher than those you've already faced. In fact, growth and scaling rank among the top three concerns for startups, with 38% of founders citing it as a challenge. Having been part of challenger bank Monzo's meteoric rise, I know how difficult scaling can be. However, I've also learned invaluable lessons that have made the process far smoother the second time around as I grow my own venture, Gradient Labs. Early-stage startups often fall into the trap of thinking they must innovate everything, from job titles to HR frameworks. However, with resources spread thin and burnout rates high, 13% fail due to trying to do too much. Innovation is essential, but you only have so much time,...
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