Types of Entrepreneur (Scalable Business Entrepreneur)
Scalable startup entrepreneurship can be seen as a business model where an organization is established on the basis of a unique idea. This has to do with everything that ranges from creating a plan to all the way up launching the business.

A scalable entrepreneur takes an innovative idea and searches for a scalable and repeatable business model that will turn it into a high growth, profitable company
A scalable business can be any company that has the potential to grow rapidly and acquire a large market in a short time

Characteristic of a scalable entrepreneurs

• They are vision drivers. They belief in their visions and they understand that if you don’t believe in the future of your business you can’t grow.
• They have strong business team. They ensure they work with people who are smarter than them and who also view thing in a broader perspective that they are
• They run low customer acquisition cost. This is because to make money you have to spend money, but you work at spending as little as possible in acquiring customers. After all, the lower your customer acquisition cost the higher your profits!
• A scalable business distribution channel is simple and in expensive. The business must be structured in such a way that it’s able to deliver its product quickly, conveniently, and cheaply, even if it’s a physical product.
• They have high customer retention rate. They offer services that keep people coming back for more. They focus on customer retention and reduce the revenue that comes from losing customers. They understand that there is no business without a customer
• They have a low cost of maintenance style


How do you build a scalable Business?
• Start with a scalable and realistic business idea
• Build a business plan that will attract investors
• Let your business be open-ended and open to continuous improvement
Thank you for reading my post. I remain your humble coach CEO @ Fabrics by Yemia