San Francisco Business Times ranked Skava #26 on the fastest growing private companies 100 list in the Bay Area.
Photo Credit: San Francisco Business Times
No. 26: Skava
Arish Ali, CEO
The San Francisco e-commerce software company grew 333.3 percent from 2011 to 2013.
Decision that most influenced the company’s fast growth: The decision to pivot from our old business model to an enterprise platform business model focused on a specific vertical. This channeled our efforts and helped us establish ourselves as a market leader and grow fast.
Biggest mistake: Companies succeed and fail because of their people. We have succeeded because of the people we have hired and the biggest mistakes we have made on the way has been when we have not hired well.
Advice for other entrepreneurs: Fail fast. You are going to make a lot of mistakes, what you don’t want to do is to spend a lot of time on those mistakes. What this means is that it is better to build stuff and try it out quickly than spend a lot of time analyzing and thinking and talking about it.