What innovative tactics have successful startups employed to scale their businesses sustainably?

Öymen Baydın
14 replies

Replies

Kunal Mehta
Successful startups have employed various innovative tactics to scale their businesses sustainably. These include leveraging technology for automation and efficiency, adopting agile and adaptable business models, implementing data-driven decision-making processes, fostering a culture of creativity and collaboration, building strong partnerships and strategic alliances, focusing on customer experience and satisfaction, utilizing social media and digital marketing strategies for targeted outreach, and prioritizing sustainability and environmental responsibility in their operations. Additionally, they often emphasize continuous learning and improvement, attract top talent through competitive compensation and flexible work environments, and seek funding and investment opportunities to fuel their growth.
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Aneesh Gupta
Not sure if it qualifies as a startup but a national bank in India would ask it's sales agents to hang around hardware stores, watch the material be loaded onto trucks and follow it to houses under construction and then offer home loans and insurance to the home owners. Solving the credit need at source. Worked wonders for them to scale their book.
Simon Peter Damian
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@_aneeshgupta_ Amazing. I wonder if this can be effective in other countries since here in North America most people don't like you showing up unannounced.
Aneesh Gupta
@theterminalguy there's a cultural play to it for sure but I found the acquisition strategy and thought process helpful. They figured out their source and targeted that. This first principles thinking should be applied elsewhere as well!
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