Contrary to what we usually hear, about 80% of small businesses do survive the first year, according to the Small Business Administration (SBA) Office of Advocacy’s 2018 Frequently Asked Questions. But only 50% make it through the first 5 years.
Of course, these stats don’t tell the whole story about those early growth years. And I was curious to find out what, if any, blanks I could fill in that would be valuable to companies in the midst of scaling. So I began an investigation, and have some early insights to share after our first dive into the data.
Andrew Green shares perspectives and hard-won lessons on mastering the business growth path