Size does matter: there’s one thing managing 1000 people and another to run a 10-person company. What you need to do is hire managers and executive who are prepared to handle the current phase of growth. If you want to get your startup to the next growth stage, that’s not the right thing to do. Hire Ms Right Now, not Ms RightĪ startup’s usual approach to scale is hiring an executive who could scale. Throw order and stability out the window! Annual plans and clear business directions to follow? Ha! There’s no such thing when blitzscaling! You need to sacrifice efficiency for speed and stability for chaos.Įmbracing chaos means taking steps to manage uncertainty, not allowing it to paralyze your business.Īlso, it’s not about charging ahead without preparation but rather making smart decisions based on your estimate of the probabilities. Reid Hoffman (image credits: Reid Hoffman Twitter) 6 rules to achieve blitzscaling by Reid Hofmann: 1. The objective of Blitzscaling is not to go from zero to one, but from one to one billion –as quickly as possible. The secret is blitzscaling: a set of techniques for scaling up at a dizzying pace that blows competitors out of the water. So what separates the startups that get disrupted and disappear from the ones who grow to become global giants? What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or Airbnb? Yet those who actually manage to do so are exceedingly rare. To achieve ‘blitzscaling,’ you have to go against common sense. There’s a new buzzword that has been getting the attention of startup founders and entrepreneurs in the past year.Īs startup founders, looking for ideas to help your organization scale is in the top 3 questions you ask yourself the moment you wake up in the morning.Īccording to LinkedIn co-founder Reid Hoffman who wrote ‘Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies’, blitzscaling is setting up aggressive growth goals and achieving them.
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