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Focus on Talent and Speed in a Rapidly Scaling Company
In a rapidly scaling business, prioritizing talent and speed is crucial. Emphasizing the need for talent involves assessing if employees are still suitable for their roles as the business grows rapidly. Implementing the concept of 'tours of duty' can help realign employees' responsibilities with the company's current needs. In terms of speed, adjusting business practices, leadership, and processes is essential to maintain the hyper-growth momentum. In this environment, what might have worked in a more mature business may no longer be effective. Constantly seeking advice from mentors and advisors helps in navigating the challenges of hyper-growth effectively.