What is a scalable startup business? The dictionary defines startup as:
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the action or process of setting something in motion.“the start-up of marketing in Europe”
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a newly established business.plural noun: start-ups; plural noun: startups“problems facing start-ups and small firms in rural areas”
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Scalable Startup
A startup doesn’t have to be your own, it could also be an existing business model you use. Affiliate marketing and drop shipping are the two main ‘go-to’ scaleable business models. They are scalable mainly because there’s no need to get involved in the processes of the business itself.
You don’t need to deliver anything personally or speak to any customers. In the Tim Ferris book The 4 hr work week, he used drop shipping as a business model which can be scaled and grown from anywhere. Ultimately the goal of such a business is time and financial freedom. With a scalable startup like this, anyone can grow a business which is able to be operated from anywhere globally from an internet connection.
That’s quite appealing to almost everyone because it means you can build a business from your laptop, scale it and automate it. But who can do this, what are the barriers to entry and how can you get started?
How To Start A Scalable Startup From Anywhere
As more people come into this industry, new software has made it far easier to learn and operate the tools of the trade. Not so long ago, even building a website was the domain of the tech guru. You even needed to build from code not that long ago. Now everyone can have a website up and running in minutes and equally have an internet business which offers scalability and automation. Checkout this video which shows just how easily you could have a scalable startup running very quickly. (click the image below)
Scalable Startup – Scalable Definition
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1.able to be scaled or climbed.
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2.able to be changed in size or scale.“scalable fonts”
Most businesses are scalable to a point. But then their location and business model stops them growing bigger and faster. An internet based business which uses digital products is much more scalable than say a local business which employees 10 staff.
That’s because a local business is limited by its location. Unless there’s a internet side of the business, there will be a limit to how many customers it can serve. Even then, having employees means that the systems in place are limited by the number of people you have. Whether your staff serve customers or create products, there’s limit to how much they can do.
An online business can be automated and serve multiple people at once through a website, for example. If you start an online business which sends prospects and customers to another business model, you don’t have to be concerned with the back-end – the day to day running of the show. Your only concern is the front end marketing side of the business. That’s the part which is very scalable, especially with an online business.
A ‘bricks and mortar’ business is limited too by its size. Growth requires expansion of physical premises. An online business has no such problems. It it already geared for massive scalability to a global scale.
What Makes An Online Business So Scalable?
An online business is scalable because it uses tools, systems and strategies which can be automated. Websites for example, run 24 hours a day without the need for human presence. Digital products can be bought and delivered instantaneously over the internet with automation.
Adverts can run 24/7 with no interference, delivering customers directly to the products they most need. Email marketing can allow online marketers to send a single email to tens of thousands of people simultaneously. The process can even be completely automated too. Emails can deliver service, build relationships and promote any product or service.
If you start an online business which lets you focus solely on the ‘front-end’ marketing side, you can grow and scale your business from anywhere globally. If your business model includes digital products you can earn 40% commissions on your sales. A good business model also allows you to earn back-end commissions (later sales made to your customers), subscription commissions (commissions for ongoing memberships and software products) and various other benefits:
- A built in sales team – simply refer customers and benefit from in house sales
- Multi-tier commissions – commissions made by sales of your team (your referrals)
- High ticket products – Let you use paid advertising and scale up more effectively.
With the right business model an online business can continue to bring in commissions long after you have done all the hard work. Because it works with automation and systems geared for scaling up to a global audience, an online business offers anyone the one of the best scalable startup businesses.
Access An Online ‘Scalable Startup’ Â Business Which Anyone Can Run
Most people will say they are either too old or simply don’t have the technical ability to run an online business. As you have already seen, software and online tools eliminate much of the technical barriers to entry in a business like this one. There’s also plenty of people at all ages who are already succeeding in this area.
Join an online community and access online training and a proven business system. Learn how to start your own scalable startup, even with no experience. Access a 7 day video series here to learn more and get started.