Navigating scale: challenges and strategies for tech startups in Mena

Navigating scale: challenges and strategies for tech startups in Mena

Rashit Makhat, is the director and co-founder, Scalo Technologies, the tech venture company based in Dubai

In the world of startups, the ultimate mission is to go from a small idea to a global leader. It is a journey packed with creativity, littered with obstacles, and, for a lucky few, becomes enormously rewarding. 

While the path to success is not straightforward, one thing is constant: the art of scaling is the key to turning dreams into reality.

Scaling is about making your company earn more money faster than it spends, allowing it to get bigger quickly. A small investment can bring in a lot of profit, which can be reinvested to allow the business to grow even more.

Many startups fail because they are unable to grasp, or navigate, the scaling process, and growth comes only by increasing both revenue and resources at the same rate. It is an expensive exercise which can slow down the business and limit its ability to make more profit.

Founders who understand this, and embark on their journey with a reliable strategy, must still be ready to face any number of barriers, and these begin with the daunting task