Scale (startup stage)
Scale (startup stage)
Scale is the fifth and final stage of the Lean Analytics framework. The goal of this stage is to grow your business and expand your market.
This is a quantitative stage, focused on acquiring new customers from new markets and channels. It's about taking your proven business model and scaling it up.
The key activities in this stage include:
- Entering new markets: Expanding into new geographic regions or customer segments.
- Developing new channels: Finding new ways to reach customers, such as partnerships and distribution deals.
- Optimizing your customer acquisition funnel: Improving the efficiency of your customer acquisition process.
The goal of the scale stage is to become a market leader. This requires a significant investment in marketing and sales, but it can lead to exponential growth.