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Fast scaling or slow and steady growth which is better?

eLdavis

Media Lab Marketing Team (Digital Promoters)
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When it comes to running or building a business, everyone wants fast growth, but between fast growth or in a situation where the business slowly grows, which is better? I feel slow growth usually have a well grounded foundation compared to fast growth.
 
You always need to execute quickly, so this is a bit of an oxymoron. It makes more sense when viewed through lens of burn rate.

Cash is king. What kills startups is running out of it. You quit as you can’t afford to go on. You need to balance burn and milestone achievement.
Always be lean, but be cheap as chips till you have the illusive ‘product market fit.’
 
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