The paradox of scale and execution
It’s funny how when you’re trying to raise capital for a start up an investor, whether VC or angel or any other investor, will probably want to know how big the opportunity is. How scalable is the business?
To be effective and successful though you have to execute, and to execute you have to provide someone with a great experience. This requires focus.
These two processes seem like opposites to me. So as an entrepreneur you have to simultaneously be thinking about how to execute your operation at a very granular level, but how to scale or ramp up the business effectively in order to raise finance.
I guess the trick is to know when to wear the execution hat (and focus on detail) and when to where the scale hat (and know when to think about scale) and not get mixed up between the two.
