Jonathan Hsu, Tribe Capital - Our Specific Areas Of Expertise Are Around Being Able To Tell A Story Utilizing Your Own Data | #287
The Meb Faber Show - Better Investing
Importance of Scaling in the First Business
The key to success for early-stage companies is to focus on scaling the first business successfully before venturing into secondary businesses. Many companies fail not because they are incapable of diversifying, but because they fail to dominate their initial market. The primary focus should be on achieving a strong product-market fit and scale in the first business, which then provides the opportunity to explore other business ventures with a reasonable investment of capital and time.
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