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Scaling Up
Stats from Verne Harnish
There are over 28 million firms in the US.
96% make less than $1 million annually
4% surpass $1 million
Only .4% get to $10 million
Once you get to $50 million in revenue, you’re talking about less than 20,000 companies.
These stats can either be deflating or inspiring. The difference is perspective.
A glum statistician will say, “I probably won’t be an outlier, so why bother trying.”
But remember, Optimists and Pessimists are usually both right.
An optimist, with a commitment to operational excellence, is the only one with a chance.
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