Panel Discussion | JAM Session - Breaking the scale up ceiling: Identifying the opportunities, challenges and your biggest friends in succeeding
According to Startup Genome Project, up to 70% of startups scale up too early. In fact, they go as far as to say this can explain up to 90% of failed startups. Premature scaling can be detrimental to your business – the more a company grows, the further away from profitability it becomes. In this jam session – we sit down with these Middle Eastern homes-grown startups who have first-handedly approached scale-up stage – what do they have to say to that? When is the right time to scale-up; how to know when you’re ready to scale; what pitfalls should entrepreneurs be looking out for?