4 ms·
probably a loaded question (so I apologise?) but why are you reasonably confident for growing a 6 -> 7 figure businesses? what about 7 -> 8 figure busineses? c
by kinkora 8y ago
probably a loaded question (so I apologise?) but why are you reasonably confident for growing a 6 -> 7 figure businesses? what about 7 -> 8 figure busineses?
context: i ask because i have this problem right now and find this is a harder hurdle (trying to double a 7 figure business without VC money)
- rficcaglia 8y agoMy history is 3x 7->8 and 1x 8->9, 3 with VC, 1 with no VC...we definitely found it easier to go 6->7 in all four as the “early adopter” set all talked to each other and that was enough to get momentum and small enough that bigger players take no notice. 7->8 you start to get noticed which is both good and bad. Convincing enough buyers to “cross the chasm” and not go to a competitor is an entirely different org challenge. Also the expectations of the larger buyers adds cost and complexity (ie channel sales vs outbound vs inbound) If you are in SF area happy to host 7->8 beers/coffee meetup!
- kinkora 8y agointeresting background you have there and yep, i agree on that it is an entirely different challenge trying to restructure the business to handle the bigger spending customers. Anyway, thanks for offer but I'm not in SF!