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> Do you think all companies that can't scale massively such as consultancies are lifestyle businesses? This is the term I've always heard for it. It's not ins
by squeaky-clean 10y ago
> Do you think all companies that can't scale massively such as consultancies are lifestyle businesses?
This is the term I've always heard for it. It's not insulting. Deloitte or KPMG aren't really... scale. They're huge, but that's not the same as scale. In 2015 Facebook made around the same amount of revenue as them, with like 5% of the employees. And they still have a ton of room to double their userbase, expand into new markets.... What would it take for one of those firms to double their revenue? If they had twice as many customers, could they handle it overnight?