Originally published in Entrepreneur Magazine

By Tim Schigel

You did it.

You successfully completed a big round of fundraising, launched a popular new product or otherwise uncorked some revenue magic. Welcome to hypergrowth.

You’ve been working in an office with five or six people, and you’re about to be in charge of a team of 50, or 500. Previously, you’ve been able to interact with your customers daily. But, you’re about to scale your platform to serve millions. People under your leadership are starting to think more about their careers rather than aligning their personal goals with the company mission.

Hypergrowth is a new world. A world that, as author Bob Johansen notes, is comprised of volatility, uncertainty, complexity and ambiguity (VUCA). Even for those who have been there before, this stage of business development presents new, unforeseen challenges every time.

Hypergrowth creates chaos, and providing leadership to a company in this stage is not simply replacing chaos with order.

Read the full article at https://www.entrepreneur.com/article/310506

Tim Schigel is a founding partner at Refinery Ventures.