Scale up checklist
Get ready to scale and
realize your vision
We have curated our top 10 scale up tips. With this scale up checklist, you are ready to start your journey towards becoming a scaleup company.
This list includes the most important aspects of the scaleup process, from financing to thinking outside of the box. Check every point on this scale up checklist and see if you are ready to take the jump.
If you are looking for a more in-depth article, check out our scale up roadmap. Additionally, our scale up expert is available for all your questions and inquiries.
“No wise pilot, no matter how great his talent and experience, fails to use a checklist.”
Charlie Munger
Vice Chairman, Berkshire Hathaway
Scale up checklist
When scaling up, you cannot be everything to everyone at once, you have to make choices and set priorities. This relates both to external and internal matters. Externally, set priorities in market segments you want to enter and target audiences you want to reach, you can’t be everywhere and serve everyone. Internally, make sure your team knows what tasks have priority over others. Scaling up is a lot of work, so to not get lost in all the madness, every department needs to know its priority.
Be specific, not vague. Make sure that the company goals are clear to everyone on the team. This way, individual tasks get more concrete, and employees know what they are working towards. The result is that everyone in the organization can see the end goal in everything they do.
Scaling up requires a lot of money and resources, there is no way around this. From hiring more people to producing more products, you have expenses across every facet of your business. Make sure you take finances seriously and can track where resources are going and needed. Think about securing funding, whether it be external or internal. Finally, remember that you may need to keep aside some reserves.
It’s crucial to keep checking on progress while you’re in the middle of the scaling process. Is everything going according to plan? Where can you improve? Are you actually finishing the desired projects? Check if everyone throughout the entire organization still knows what part they play in the scale up journey. Don’t be scared to adjust while executing if needed.
Opportunities can be anywhere, so look everywhere. You never know what may catch your eye and where you find inspiration. Are you a Medtech company? Don’t just look at developments in the Medtech field, but expand your horizon. Inspiration often comes from the most unexpected places so keep your eyes open.
For your business to evolve into a scaleup company, you have to work on the goals that help you achieve that status every single day. Setting your mind to growth is very important and requires focus. From beginning to end, you should be in a scale up state of mind.
Let an expert guide your team and company towards scaleup status. They bring in different views and ideas. Perhaps, more importantly, they possess the experience that you lack internally. To learn more about external coaching, get in contact.
The starting point of your journey towards becoming a scaleup company has to be solid. Is your organization ready to scale up? If you aren’t sure yet, take our questionnaire or get in contact.
Catch up with all your teams on a regular basis. Consistency is key when you are on the road to becoming a scaleup company. Identify what needs regular checking and what needs occasional monitoring. Think about weekly, monthly, and quarterly meetings. Make sure you plan accordingly and never skip a meeting.
At the end of the day, the main reason why you are in the position to scale up is because your customers believe in you. Often, expanding can mean forgetting what sets you apart and losing that original spark. In all the madness, don’t forget to emphasize what makes you unique and highlight what you stand for.
Scale-Up
Starter Package
Scale up and build your strategy quickly with our strategy starter packages tailored to scaling organizatoins.
We understand that you would like to implement your ideas sooner rather then later. Bring your team together for an engaging workshop and let us do the rest!
Kick-off
Review of organization, competition & market
Conversations with leadership team & stakeholders
Strategy workshop with expert moderation
Consolidation of outcomes into a strategy document
Creation of your strategy-on-a-page
Wrap-up with follow-up, actions & next steps
