99.9 % Of U.S. businesses are stuck at ordinary growth... and failing because of it.

They failed because they grew too slowly.

According to Forbes: "A startup  should not be satisfied with marginal single-digit growth rates after many months of operating. If the growth doesn’t happen after a certain amount of time, then the growth will not happen. A company that is not growing is shrinking."

What the SBA is saying about ordinary businesses

What Forbes is saying about the stuck small business

99.9% of businesses are stuck at only 7.8% growth

Not only are they stuck at an average growth rate of 7.8% but none of them report to having reached their growth goals and report to having to constantly struggle just to keep the doors open.

Can the family owned business survive through the generations?

Only 10% of businesses survive to a 2nd generation

Some 70% of family-owned businesses fail or are sold before the second generation gets a chance to take over and only 10% remain active, privately held companies for the third generation to lead.

The high failure rates of family businesses may seem unavoidable. They’re not. In our work advising these types of companies, we see them repeatedly caught in the same traps. Recognizing and learning to avoid those traps can boost the odds of long-term survival.

But there is hope for those businesses that chose to be eXtraordinary... click here to see
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