Is it better to scale fast and break things, or play it safe and grow steadily?
Pooja Jayasri
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Veeresh Devireddy@veeresh_devireddy
My strategy has been go-fast, fix quickly and prepare for the risks. In shorts, it's a "Fail-Fast" model. Market always run faster than we do, so execute everything in "fast" mode.
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@veeresh_devireddy Yeah. I'm a fan of fast execution and iteration as well.
Launching soon!
Go fast at first, and slower later.
At first, meaning until you find product-market fit.
Launching soon!
Depends on your market and funding. "Move fast, break things" works for some, but steady growth's safer for bootstrappers. Know your risk tolerance.
@simonas_kauzonas True. Some ideas do need quick execution but in most other cases, steady growth should work better.
It really depends on your risk tolerance and funding situation. If you're VC backed and in a fast-moving market, the 'move fast and break things' approach could help you gain market share quickly. But if you're bootstrapped, controlled growth may be safer to avoid costly missteps. Know thyself.
my strategy has always been to play it safe and grow steadily. Because we could be better to scale up quickly and destroy things but we have to remain cautious