Scalability is defined as possible meaningful changes in magnitude or capacity.  In business terms, it’s the capability of a system to enhance productivity upon resource augmentation.  Scalability provides an organization the capabilities to develop compelling value propositions—that are hard to imitate by the rivals—and achieve profitable growth even in the wake of external threats, cut-throat competition, stringent laws, or financial downturns.

Today’s challenging business ecosystems and econ

Cash is King: 8 tips to Optimize Fundraising Strategy

By David Skok, Founder of for Entrepreneurs

Introduction

This post aims to help startup CEOs optimize their funding strategy by examining how investors value startups, and explaining how to avoid the common cash management pitfalls.

(Note: The concepts in this post will likely be obvious to experienced CEOs and entrepreneurs. Despite that, our experience indicates that entrepreneurs frequently make costly, avoidable mistakes with their financing

Accelerate Your Startup: Adding Gas to the Tank

Source:

David Skok

Different phases of a startup’s lifecycle require different approaches to spending. In David Skok's previous post, he talked about the first phase: finding product/market fit where he described how entrepreneurs should have a laser-like focus on finding it, and why they should conserve cash to get there. In this post, he talks about the search for a scalable and repeatable sales model.

Identify a Repeatable, Scalable Sales Model

You’

Accelerate Your Startup: Get the Right Product/Market Fit

Source:

David Skok

As a VC and five-time entrepreneur, David Skok frequently sees two common mistakes being made by startups:

1. Companies spend too much attempting to grow the business when it’s not ready for such growth; or

2. Companies don’t spend enough money when the business is ready to scale.

It’s, therefore, a CEO’s responsibility to decide when to hit the startup accelerator pedal. There are times when it makes sense to step on the ga