The article explores how new companies grow in the knowledge economy. It uses different theories to explain how firms develop through recognizing opportunities, gathering resources, and building competences. Problems can arise that lead to turning points in a firm's life, either causing issues or sparking new solutions and growth. The study found that most young fast-growing firms face turning points, affecting their growth. Not all growth problems impact employment, and some are resolved before growth stalls. Young firms are often in imbalance, with their resources not perfectly matching expansion needs, making continuous growth unlikely. Despite each firm growing uniquely, there are common mechanisms for new firms to grow, adapting to their specific context and history.