Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Business strategy
How To Scale Your Business
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="moonchild, post: 275948, member: 57467"] Scaling a business is one single difference between a billion dollar business and common brick and mortar business. Imagine if I have a barbing salon in my street, I can only service people on my street no matter how hard I try and unless I hire more people, I can only barb one person at a time. And on the other hand, think of a barber that has an online shop and a lot of barbers on the online shop, all you have to do is, go on the website and order a barber and he'll come to your location and barb you. Overtime, the second one can go on and launch in other cities while the first one is still stuck with one shop, servicing one person at a time. The only differences between the two, is scale, the first one is not scalable and the second is scalable. To scale your business, you have to integrate technology in it, because it is border less and it has no barrier. A scalable business might be harder to manage overtime but overtime it's more profitable and will outpace a brick and mortar business and the margins can be out of this world. A scalable business grow exponentially while non scalable grow linearly. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Business strategy
How To Scale Your Business
Top