How To Create a Scalable Business?

[Spencer]

A scalable business is one whose premise is to increase in value with time, so think about companies like McDonald's, they have a lotmof branches around the world or Facebook with access to almost every country in the world, your company should have a premise of growing bigger from the get go.

You should go into an industry with a scale preference and learn to raise money from investors, offer a unique product in such a way that it offers tremendous value to customers, to build a scalable business you need to be in an industry that has a large scale and customer base you can sell to.

 

[Mika]

If you want to create a business that has a potential to grow big in future, you will have to work on sustainable ideas or the ideas that have potential for growth. You will have to find out what products and services will grow big in the future, you will have to check what products and services will have high demand in the future, once you are able to identify the product and service with potential growth you can work on these ideas and finally built a sustainable business