Entrepreneur

My Secret Growth Hack

I bought a competitor.

That isn’t unique, of course, but here’s what is: At the time, my company was 6 months old and had failed to manufacture anything. The acquisition would cost us almost every dollar we had.

You don’t see this move in the traditional startup playbook. It sounded insane; I was at risk of losing both businesses. But it became exactly the Sometimes a small company needs to act like a big one.

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