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  • Conservative or Aggressive Expansion?

    Mark Lemuel M
    4 replies
    It contrasts a cautious approach to growing a business, focusing on steady and manageable growth (conservative) versus pursuing rapid and potentially risky expansion to capture larger market shares quickly (aggressive). which is the best?

    Replies

    Simon🍋
    Depends on your runway and market. Generally, lean towards conservative early on. Scale when you've got product-market fit locked in.
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    Veeresh Devireddy
    First, stabilize things in a conservative mode, then go aggressive, chase the competition, acquire new opportunities, grow user base, scale operations and business. In short, follow the principles of "fail-fast" and "continuous delivery" models.
    Nigel Yong
    usually you start with a niche (smaller market), then conquer bigger markets
    Timothy Bramlett
    Aggressive expansion is actually incredibly difficult to pull off, but if it's possible, it's probably the best approach.