They need to come up with a clear goal and a rough idea of how to achieve it. Stages of BlitzscalingĪt the start, the business owner must take care of managing and implementing blitzscaling themselves. Furthermore, tech itself is being integrated into all industries, creating great opportunities for new startups. These markets pair well with blitzscaling because companies are able to work on shorter time scales as new innovations are allowing them to have both speed and flexibility whilst developing faster. Software and technology markets are good areas to focus on. Who Should Consider Blitzscalingīlitzscaling is best for entrepreneurs who have a clear target of what they want to achieve and have the ambition to go fully in. If you don’t think your business is a 100 million dollar idea, check out our article on fast scaling for a different method of rapid growth. Because most decisions are made without full confidence, the business environment needs to be well understood to mitigate the risks. You will essentially be creating a business that never existed before, this is why there will be many uncertainties during process. This method prioritizes speed over all other aspects of the business, making it quite costly. The idea is to scale so fast that you eventually become the market leader and competition is unable to keep up, forcing them to become limited to smaller niche markets. The main goal of blitzscaling is market acquisition by establishing a several 100 million – billion dollar business. The fastest way to scale a company is through blitzscaling.
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