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EN
Keys to scaling for emerging brands
['Christine Stoddard']
BeverageDaily.com
Emerging brands can adopt a “hustle” mindset or a “precision” mindset, according to the consumer research firm SPINS and partner C.A.
In tracking 90,000 brands, researchers found that about one-third of the surveyed brands were growing sales.
‘Hustle’ vs. ‘precision’ mindsets explainedTo go from $1 million to $10 million, Fitts says a founder has to embrace a “hustle” mindset.
To jump from $10 million to $100 million, the key is a “precision” mindset.
For a precision mindset, Fitts pointed to YumEarth, an allergy-friendly candy company.
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