It’s Time to Reimagine Scale
Pepino de Mar studio/Stocksy
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It's standard knowledge in company that larger is much better, which having the ability to scale is a necessary aspect of a business's success. There is a defect at the heart of the principle of scaling, though it can be tough to articulate. A lot of our concepts about scaling rest on fundamental financial concepts eloquently embraced by Adam Smith in The Wealth of NationsThe canonical text opens with a description of a pin factory in France to show the advantages of scaling. Taking a look...