GIP#008: Cutting Edge Business

I left corporate consulting many years ago to focus on the engine of the American economy - the small business. The statistic that defined my decision was 90% of all new jobs were created by just 5%. These companies were very small, under 20 employees and could overcome the odds to achieve exponential growth. I was hooked, and it became my obsession.

I found there were three groups of small businesses - the 80% that were surviving or just hanging on. 15% that were successful but uncertain about how to take it to the next level, and the cheetah’s - the Elite 5%. This posed the question - how did the 80% make it to 15% and then become the Elite 5%?

I will detail how the 80% moved into the 15%, how the 15% joined the Elite 5%, and how they stayed there.