Should Startups Focus on Profitability or Not?
Both Sides of the Table
DECEMBER 27, 2011
If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. Fast early growth in a market is often eroded when competition gets fierce and prices are forced down due to competition. Not necessarily.
Let's personalize your content