Escape Velocity
Escape velocity is a term used to describe the speed and trajectory of a startup's growth. It refers to the rate at which a company can achieve a self-sustaining rate of growth, where its revenue is growing at a rate that exceeds its expenses, and it can continue to grow on its own without relying on external funding.
Escape velocity is an important goal for startups, as it means that the company has reached a level of maturity and stability where it can sustain itself and continue to grow.
Achieving escape velocity is a key benchmark for startups and can signal that the company has the potential to become a long-term, successful business.
Startups can work towards achieving escape velocity by focusing on revenue growth, improving operational efficiency, and reducing costs.
By monitoring their progress towards escape velocity, startups can track their progress and adjust their strategy as needed to ensure that they are on the right track toward sustainable, long-term growth.