What’s In This Email

• 7 Proven strategies to scale your startup to a billion-dollar business

• These are the top 10 tech skills employers seek most

• All-you-can-eat tacos

• Last night was the VMAs

• Notable Spotlight: Chambers Supper Club

• Notable Plug 🔌

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7 Proven Strategies to Scale Your Startup to a Billion-Dollar Business

Turning a startup into a billion-dollar enterprise is every entrepreneur's dream. As the CEO of Triplebar Bio, Inc., I’ve been navigating this journey and wanted to share insights that can help fellow entrepreneurs scale their startups. Here are seven key strategies to guide you on this challenging but rewarding path.

Key Takeaways

1. Solve the Right Problem

   • Focus on solving a problem that impacts millions, if not billions, of people.

   • Continuously ask: Is this cutting-edge? Staying ahead of innovation and market trends is essential for long-term success.

2. Operational Excellence

   • Ensure every dollar spent generates significant value, ideally tenfold, by minimizing waste and improving efficiency through methodologies like Lean Six Sigma.

   • Balance staying lean with maintaining quality.

3. Achieve Product-Market Fit

   • Use the 40% rule: If 4 out of 10 customers would be very disappointed if your product disappeared, you’ve achieved product-market fit.

   • Create something your customers can’t live without by deeply understanding their needs.

4. Stay Focused and Avoid Overreach

   • Resist the urge to do too much too soon. Focus on excelling in a few key areas rather than spreading resources too thin.

   • Avoid common pitfalls, such as overextending like some companies, which can lead to a drop in valuation.

5. Build a Cohesive A-Team

   • Success depends on a unified, high-performing team. Avoid silos, and ensure everyone is aligned with the company’s mission.

   • Hire slowly and fire quickly. Ensure each team member is a good fit for your lean, fast-growing business.

6. Consider Horizontal Integration

   • Embrace horizontal integration by partnering with specialists in each part of the value chain, as seen in mature industries like semiconductors.

   • Focus on what your company does best while expanding your product offerings through partnerships.

7. Think Globally

   • Expanding beyond domestic markets can multiply growth. Start with a strong foundation in your initial market, then strategically scale globally.

Why this matters: These strategies—focusing on solving real problems, achieving operational excellence, securing product-market fit, and thinking globally—are crucial for any startup aiming to become the next unicorn.

Read the full article here.

These Are the Top 10 Tech Skills Employers Seek the Most, According to an Analysis of 24,000 Job Listings

With computer science majors in the U.S. reaching 600,000 last year, a 40% increase from five years ago, the competition for jobs in tech is fiercer than ever. Graduates are vying for positions alongside career changers, while employers' needs fluctuate as technology evolves.

A new study by software company Finoit analyzed tens of thousands of job listings to identify the most in-demand tech skills. For job seekers and career switchers - especially if you’re a Canadian looking to switch sides - this data reveals the key skills to highlight or acquire. While programming languages like Java and C++ continue to be sought after, emerging fields such as blockchain and quantum computing didn’t make the top list — though these areas shouldn’t be entirely neglected.

Key Findings

• Python and SQL, both critical for data science, topped the list with around 24,000 job listings each.

• Cloud computing expertise, especially with Amazon Web Services (AWS) and Azure, continues to be highly valuable, with average salaries above $140,000.

• Robotics, a broad skill category, ranked fourth, underscoring growing investment in the field.

Finoit’s co-founder and CTO Mukesh Choudhary emphasized the importance of balancing high-demand skills with emerging trends to stay competitive in the job market.

Here’s a breakdown of the top 10 tech skills that appeared most frequently in U.S. job listings:

1. Python

2. SQL

3. AWS (Amazon Web Services)

4. Robotics

5. Linux

6. Java

7. JavaScript

8. Azure

9. C#

10. C++

Why this matters: This list can serve as a guide for tech professionals in Canada looking to make a move to refine their skills or learn new ones based on employer demand.

Read the full article here.

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ABOUT NOTABLE
Notable Life is Canada for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.

Written and curated by Ashley Nedaei