Tech-Santhosh_Mi Smart
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You can create a multi billion company even if you start with a small team
You can create a multi billion company even if you start with a small team. Don't believe it? Several industry giants like WhatsApp and Craigslist made their first billion with small teams. So many people tell me, I’d achieve so much more if I had more employees. But I’ve found, it’s not the number of people but their efficiency that determines success. Did you know…? · WhatsApp had a team of just over 50 employees when Facebook eyed them for $19 billion deal. · WikiHow generated a $5 million revenue with just 25 employees. · Craigslist, everyone’s got-to site, entered the billion-dollar club with just 50 employees. · Instagram reached a milestone of 30 million users with just 13 employees and was acquired by Facebook for $1 billion. · Mojang was creating billion-dollar profits with a team of just 50 employees before they were acquired by Microsoft for $2.5 billion. Efficiency is the key to climb the ladder of success. Everything else is secondary.
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