Strategy shifts may be necessary for growth from "summary" of The Founder's Dilemmas by Noam Wasserman
When a startup begins to grow, it often faces the need to shift its strategy in order to continue expanding. This shift may be required due to a variety of factors, such as changes in the market, competitive pressures, or internal capabilities. As the company evolves, the strategies that were effective in the early stages may no longer be sufficient to sustain growth. Entrepreneurs must be willing to adapt and change their strategies as needed in order to navigate the challenges of growth. This may involve reassessing the company's target market, product offerings, or competitive positioning. By being flexible and open to change, founders can position their startups for continued success in the f...
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