The nation’s 100 fastest-growing businesses raised their combined sales from $923.5 million to $4.6 billion in just the last five years.
| DEMOGRAPHICS |
2008* |
2007** |
2006* |
2005* |
2004* |
2003* |
| Average Age |
43 |
47 |
41 |
41.5 |
41.8 |
41 |
| Gender (M/F) |
88%/12% |
91%/9% |
88%/12% |
90%/11% |
91%/9% |
93%/13% |
Combined
Total Sales |
$4.6
Billion |
$5.8
Billion |
$1.7
Billion |
$1.5
Billion |
$1.1
Billion |
$923.5
Million |
| Median/Average Employees When Starting Biz |
3/5 |
3/5 |
1/5 |
1/5 |
2/5 |
2/5 |
Median/Average
Employees Today |
59/152 |
79/146 |
40/69 |
35/67 |
29/49 |
17/32 |
| Median Startup Capital |
$100,000 |
$175,000 |
$200,000 |
$170,000 |
$180,000 |
$200,000 |
| Read Entrepreneur |
95% |
90% |
98% |
90% |
92% |
92% |
*Source: Entrepreneur’s Hot 100 listing of the nation’s fastest-growing companies.
**Source: Entrepreneur’s Hot 500 listing, 2007.
Sample of the Nation’s Fastest-Growing Companies in 2008.
| COMPANY NAME |
INDUSTRY |
# STARTUP EMPLOYEES |
2007 SALES |
PROJECTED # EMPLOYEES IN 2009 |
| Simply Self Storage |
Consumer Services |
12 |
$109.1 M |
550 |
| Global Water Resources |
Water Management |
2 |
$26 M |
116 |
| Higher One |
Financial |
3 |
$29 M |
138 |
| Gorilla Nation |
Advertising |
2 |
$46.4 M |
235 |
| Goodman Networks |
Telecommunications |
9 |
$104.3 M |
700 |
| Edible Arrangements International Inc. |
Specialty Products |
3 |
$16.5 M |
100 |
| Hendrick Construction Inc. |
Construction |
1 |
$ 43 M |
45 |
| Silicon Mechanics |
Technology |
3 |
$40.3 M |
100 |
| Solid Cactus Inc. |
E-Commerce |
3 |
$7 M |
250 |
| Style West |
Apparel and Footwear |
2 |
$13.8 M |
45 |
| Master Pharmaceutical Inc. |
Pharmaceutical |
3 |
$64.2 M |
170 |
| Add-On Computer Peripherals |
Technology |
2 |
$18 M |
40 |
Source: Entrepreneur’s Hot 100 listing, 2008.
