Growth ยท By Jeff Deutsch

How to build a growth strategy

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Start from the number the board needs

A growth strategy is a small set of channel bets, an operating cadence, and a number they roll up to. Start from the number, and specifically from whose number it is: growth strategy should align with investor goals, whether the next round is priced on paid acquisition for pro plans, B2B pipeline, or usage activity. A strategy that grows the wrong metric beautifully is a firing offence with charts. The working target I build toward for early companies: thousands of customers and a compounding revenue engine by the time the second funding round is raised, because that is the artefact the raise is priced on.

Then pick few channels and pick them for economics. My allocation bias is 60 to 70 percent of growth from organic search, because it compounds and keeps working when spend stops, with paid as the fast accelerant and everything else earning its place by test. The reasoning is laid out in growth marketing vs traditional and the organic half in SEO for startups.

The operating model that makes it real

Strategy without cadence is a memo. The operating model that makes it real: a ranked experiment queue reviewed weekly, funnel work per CRO, and every experiment graduating to business-as-usual or dying by its number. Team shape matters less than people assume: I run a growth team of 4 like a team of 13 by automating the production layer with AI, three channels scaled in 12 months, which changes the strategy question from what can we afford to staff to what is worth owning.

Two failure modes to design against. Rabbit holes: new growth ideas are seductive and I fight the pull myself, which is exactly what the ranked queue exists to discipline. And strategy resets: without written strategy and a test log, every new growth lead restarts from zero. Write it down, review it quarterly, revise it when the market moves, as it visibly has with AI search. Who owns all this, a founder, a fractional operator, or a full-time Head of Growth, is a stage question with its own pages, and the first 90 days covers turning this outline into motion.

Revisit the strategy when the ground moves, not on the anniversary. A channel-reshaping event, an algorithm era, a new competitor with money, is worth a same-week strategy session, because the cost of being six months late to a shift is the entire compounding curve you were counting on.

FAQ

What should a startup growth strategy include?

Few channel bets chosen on economics, a weekly experiment cadence, funnel optimisation, and one number everything rolls up to, aligned with what the next funding round is priced on. Written down, so it survives personnel changes.

Which growth channels should a startup prioritise?

Bias to compounding: organic search at 60 to 70 percent of long-run growth, paid as the immediate accelerant, other channels by test. Rented channels stop the day spend stops. Owned ones keep producing.

How do investors evaluate growth strategy?

Against the metric their next-round thesis needs: paid CAC efficiency, B2B pipeline, or usage growth. Aligning the strategy with that thesis is the difference between growth that raises and growth that merely looks good.

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