Forbes September 24, 2024
Sergii Malomuzh is a founder of two companies: Rewmp, a private venture fund, and Rewump, a business incubator. Follow on LinkedIn.
When you build a company from scratch, the risks of learning on the go are exceptionally high. I experienced this when my company began with a team of ten and eventually grew into a company of 500, organized into several teams with diverse expertise.
When a business starts out, everything revolves around quick decisions, rapid growth and intense dynamics. Somebody came up with an interesting idea? It’s just what we needed. Now, let’s have a brief discussion, scratch a plan and get moving.
This is typical for startup teams, who need to be quick and adaptable to gain an...