How Hyper-growth Almost Destroyed a Multi-billion Dollar SF-based Startup - Deepstash

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How Hyper-growth Almost Destroyed a Multi-billion Dollar SF-based Startup

Zenefits SELLS software that Automates health insurance, payroll, and other H.R. Functions for small businesses. Just a year after they were founded in 2013, they saw $1M in revenue, which reached $20M in late 2014. they projected $100M annual recurring revenue by late 2015 and that was the Catnip. 

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The cult of Hypergrowth in Silicon Valley is not wrong either. It takes a different type of genius to build a startup that can balloon into 1600 employees in 3 years. Without a foundation, startups can fall apart quickly, especially with the Multigenerational workforce today. But not everyone is ...

Leaders need to dig deep into Culture-Building and centre it around important values. Having no culture scares employees, and soon leaders lose control and autonomy. Unable to build a culture and have employees embrace it are businesses that lose out on engagement and growth. 

The repe...

  • Be genuine with it, and employees will recognize it. Focus on the wealth of opportunities than the small number of losses.
  • Don’t act like you care, actually start caring as if they are human beings.
  • Many employees would love to say fuck off to their employers when they become...

Millennials and Gen Y leaders need to stop complaining about how they are ‘unappreciative and ungrateful' about their rice bowls. If you’re into growth, the current generation of workers will get you going in no time. With the right culture and leadership, even the Craziest of growth Trajectories...

Unregulated hypergrowth can destroy a startup. 

Loads of articles out there proclaim that hypergrowth can be a curse if mismanaged but ...

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During the last recession, companies that invested in their employees, in part by providing the training they needed to move forward in their careers, enjoyed profit gains of 26 percent, compared to losses of 14 percent at companies that were worst at this type of engagement.

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Acknowledge the frustration

The company's culture is dependent on everyone who works in the building and when an employee starts to have growing negative feelings towards the company, leaders need to be ready for that.

As a leader, you must be able to communicate to your team effectively about wh...

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Inspiration alone is not enough

Just as leaders who deliver only performance may do so at a cost that the organization is unwilling to bear, those who focus only on inspiration may find that they motivate the masses but are undermined by ordinary results.

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