In this post I will share overview of what are the required actions in order to scale up a startup, the main assumption that I am having in this post is you are technology based startup and already have validated your Product-Market-Fit as shown in following video:
https://videopress.com/v/6f5VMvrR
Second assumption is your startup is compatible with following principles:
Scaling Up has divided the scaling process into four pillars which are listed in below:
I have shared my point of views on How to start Employee Engagement, it is also important to have the big picture as well:
I will share more on this concept in different post, as you noticed there are several drivers that impact the engagement.
A system must be managed. It will not manage itself. Left to themselves, components become selfish, competitive, independent profit centers, and thus destroy the system. . . . The secret is cooperation between components toward the aim of the organization.
—W. Edwards Deming
All of the above are important topics for scalability, how about technology. What are the important decisions that is required to be made. In order to scale we should have all mentioned topics align and have a good technology to execute the scale in action.
Infrastructure
Amazon will enable you with several more options as shown in following figure:
Architecture
Regardless of what product you're building you should centralized all the services around the member in order to build a better user experience. Also move away from monolithic architecture and start using MicroService Architecture, and split your high level layers into following model:
DevOps
Based on above topics then you should define your DevOps such as:
No new technology can transform an industry unless a business model can link it to an emerging market need. How can you tell whether a model will succeed in doing that?
The authors of HBR article undertook an in-depth analysis of 40 companies that launched new business models in a variety of industries. Some had transformed their industries; others looked promising but ultimately didn’t succeed. The research shows 6 keys to success as shown in following figure:
Uber can claim five of the six key features of a potentially transformative business model.
Many new models offer products or services that are better tailored than the dominant models to customers’ individual and immediate needs. Companies often leverage technology to achieve this at competitive prices.
Many models replace a linear consumption process (in which products are made, used, and then disposed of) with a closed loop, in which used products are recycled. This shift reduces overall resource costs.
Some innovations succeed because they enable the sharing of costly assets—Airbnb allows home owners to share them with travelers, and Uber shares assets with car owners. Sometimes assets may be shared across a supply chain.
Some models charge customers when they use the product or service, rather than requiring them to buy something outright. The customers benefit because they incur costs only as offerings generate value; the company benefits because the number of customers is likely to grow.
Some innovations are successful because a new technology improves collaboration with supply chain partners and helps allocate business risks more appropriately, making cost reductions possible.
Innovators sometimes use technology to move away from traditional hierarchical models of decision making in order to make decisions that better reflect market needs and allow real-time adaptation to changes in those needs. The result is often greater value for the customer at less cost to the company.