There are some terms in the Business and entrepreneur communities that are used a lot but that new entrepreneurs may not be familiar with or understand. One of the most common is the concept of Scaling a business. Scaling seems to be the dream of every startup founder with an idea. However, a McKinsey study found within a ten-year span, only 22% of businesses were able to successfully scale.

Scaling is an important part of the entrepreneurial process.

Continue reading Scaling a Business: Understanding This Step in the Entrepreneurial Process at StartUp Mindset.