7 ways to prepare your startup to scale up

Assuming the fact  that one has successfully started a startup. Scalability is thus  the ability of a startup in order  to grow. Or, in order  to put it more precisely, a scalable business can also adapt to a larger workload without compromising the  performance or either  losing revenue.

However  not every business is thus  poised to make it big. Some of the  startups do get off the ground without the right systems, people, or either with  mindset in place. Trying in order  to grow such kind of  businesses is like trying to inflate a tractor tire and that too with a bicycle pump.

However , the purpose of this article is to make the reader aware of the ways as to how one is supposed to scale his startup.

Here’s how one can prepare his  startup to scale up.

1. Get the basics down.

Before one would even worry about scaling his startup, one must make sure that his fundamentals are however  fool  proof. One must make sure that he has  covered for the following:

1. Make sure one’s  core product line reaches “market fit”. One can however make gradual improvements through the  product iterations which is however  based on the  user feedback and data.
2. One must also find out his largest core users.
3. One must find out the marketing channels which are with the biggest ROI and also  scaling the  potential by testing with smaller budgets first.
4. One must also make sure one has have the resources in order  to scale. One must also seek additional round of funding if it is  necessary. One can’t worry about profitability while scaling, and thus  the last thing which one wants is to run out of money.

2. Automate Everything.

If one is  spending a long time in “setting up” his business, then it is  good for one.

• Setting up a  cloud storage and an organization…
• Setting up a  training processes for the  new hires…
• Setting up the marketing automation…
• Setting up a payroll for rapid processing…
• Setting up a billpay for the automatic withdrawals…

Even though it however takes a long time on the front end, this activity will however  pay for itself in the long term. One will  be able to access  faster data , hire faster, market better, pay easier, and also  streamline the  operations for a truly scalable model.

3. Boost marketing.

One must firstly, focus on marketing, and after that scalability will follow. But also  not every form of marketing is considered as  scalable.

Also , content marketing, on the other hand, is thus one of the most scalable growth methods. Content marketing always has evergreen value and viral potential, making it thus  the growth-hack method of choice for most of the startups.

4. Outsource non-essentials.

For the  big corporations, the name of the game is thus as  “in-house.” One should get in-house graphic designers, developers, conversion optimizers, SEOs, CPAs, lawyers, and thud  even janitors.

Startups can’t however  afford that luxury, and if one wants  to be strong enough in order  to grow, one would thus  need to outsource all non-essential roles.

The graphic design firm doesn’t really  need a law department. The SEO consulting firm doesn’t however require a full-time PowerPoint designer. One however  just needs  to focus on what one is  good at.

This lean approach is something  what generally allows a startup in order to break into the big time. When one is  nailing it with its core competencies, one would thus  start to scale up.

5. Keep an eye on social media.

Every new startup is always in the public eye. Whatever happens on the  social media will however be examined by the world.

It’s important in that in the  startup days one must watch his social media carefully. Fledgling startups can’t however  afford to take a major PR hit with thus a social media flap. Big companies might also thus  be able to weather the storm, but one’s  startup isn’t thus ready for it.

Scalability is thus  about surviving, as much as it is also  about growing. If one hits  a PR fiasco, one is however  limiting his chance of survival and scalability.

6. Excuse yourself.

Thus , in order to be truly scalable, one’s business should thus be able to function just fine without oneself .  The way one puts  that into place is thus  by deliberately shifting the  responsibility off one’s shoulders, or also into the oversight of someone else. In addition, one  should thus also  take deliberate absences so that one can force the business and personnel in order  to be independent.

It may thus  be a little bit humbling in order  to come back from a four-week vacation and also discovering  that the business is however  thriving without one  being there. But this thus  can actually be considered as  encouraging, too.

7. Hire the right people (and only the right people).

A business is however scalable, only when it has the right people that are  on board.

First, though, one would thus  have to hire only the people that are thus  necessary to the operation.

Here are thus  some of the key characteristics of a team member who will however help one scale:

• They can thus  do what a program can’t. If one has a human doing something that a machine thus  can do, then one is wasting human effort. A startup thus needs to automate everything that it can however  in order to maximize the output of the human team members.
• They are also  full of good ideas. One can’t also put a dollar price on the value of a good idea. Thus , a single lightbulb moment on the part of one employee can thus also  more than pay for that employee.
• They also thus  have more than one skill. In the startup environment, one person might however be required to do three jobs.

Scalability is considered as  a mindset, too. Surely, one  needs  to have the right systems and also processes, people, and plans.

But one is  also required to think big in order  to become big. Having a scalable business thus means that one is  free in order to unleash his  dreams, make a lot of money, and also thus  have fun doing it. Once one gets  his  mind in the game, scalability thus  becomes way easier.

This article has been contributed by Simmi Setia, Content Writer at LegalRaasta, an online portal for GST Software, GST Return Filing, GST Registration, Section 8 Company Registration, Nidhi Company Registration, IEC Registration, Fssai License, File ITR Online.