I often see startups make the same mistake during a major inflection point, like when a company's post-IPO or after Series C/D funding, or when investors declare it’s time for the company to “grow up.

Dax Grant is the CEO of Global Transform and an authority on C-suite leadership. Global 100 CIO, 100 Women to Watch, CREA Global Award List. Growth has long been the obsession of ambitious founders ...