Tip 4: Acknowledge the benefits of private equity: financial strength and network access.
Jorrit describes the benefits of working at a scale-up that is backed by private equity.
“What adds excitement is the financial strength it provides, enabling acquisitions like Baricol, the market leader in Scandinavia, as well as access to vast networks through our investors and advisory board members — it keeps you truly sharp.”
Tip 5: Learn from being at the forefront of strategic shifts.
Having historically grown along the axis of the advice of healthcare professionals, FitForMe is currently in the experiencing a strategic shift, moving from a healthcare-focused approach to a more lifestyle-oriented business model. This includes recognizing the changing landscape of consumers behaviors, and adapting accordingly.
Jorrit: “We’re observing patients that are becoming more self-informed throughout the process. It really is a profound journey – physically, socially, and mentally. We believe in aligning more closely with that journey, and adapting to their entire lifestyle change. There’s a genuine need, evidenced in patients’ search behavior.”
“Now our aim is to become a true partner to consumers throughout their journey, and increase our significance and potential for growth. The new Head of Brand will play a crucial role in establishing the brand – crafting the brand story, personality, and image, and defining FitForMe’s identity, including all content and activation strategies.” In other words: a new role for a new brand.
Tip 6: Embrace the international experience and complexity that comes with a global scale-up perspective.
Finally, the international aspect of working at a globally operating scale-up is something Jorrit thoroughly enjoys.
“During my time at Essent and EnergieDirect.nl, my focus was mainly on The Netherlands. In this role, the new elements were the most compelling along with its purpose and the international aspect. We operate in twenty-nine countries with eleven country organizations and teams located worldwide. Combining working from Rotterdam and traveling to visit our teams adds a fantastic global dimension to my experience.
This international role involves diverse cultures, work practices, distances, and markets. As an Advisory Board Member once said: ‘You’re essentially a multinational but with a scale-up mindset.’”