Today's business podcast will review and analyze some of the trends in the most successful private enterprises.
Inc. magazine reviews the private companies that have experienced the most financial growth in the last 3 years. Then they analyze the results and look for trends. So we are going to review some of their findings, and add our own as well.
We will focus on something Inc. did not do, which was zoom in on the handful of businesses on the list that were started after 2000.
I find these fascinating, because these are the newcomers that have zoomed past the competition. Granted, 2 of them are on the list because they have one main HUGE customer (Microsoft, Walmart), but the others tell us a lot about today's market and what is hot.
We'll see what made these companies successful, and brainstorm about how we can use these strategies to boost our own businesses.
I surprised myself by coming up with an idea while doing the podcast, and I think I may just try it. If I can just push myself to do these new things! That's the hardest part - maybe the fear of failure and the fear of rejection when I approach people about my ideas. Anyone else experience that??? (smile)
So let's get started...
Penny HaynesDigital Business Books
Posted on 01/05/06 at 11:01:55 by
Penny Haynes
Category:
Business Success Stories
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Don, what a GREAT insight on your part! I guess I was too much INSIDE my thoughts to see the disparity in my thinking! (smile) You are very right! I should not discount the Staffing Company that staffs the new Walmarts, nor the Consulting company who snagged Microsoft. If VGT can make such a huge killing with one venue, surely it would be hypocritical to downgrade another company for doing the same thing! Great observation, and thanks so much for taking the time to listen, and even more so, to respond.
Penny Haynes,
http://www.eMediaTouch.com
Penny, I really enjoy your podcasts and I listen to them faithfully. I subscribe through My Yahoo. However, I have this one small bone to pick with you. You had commended that video game maker for selling his service to one big client and dissed another company for doing the same thing! I think it was some call center for WalMart or some such thing. Personally, I can see the point of not putting all one's eggs in one basket, but we don't know that they are not pursuing other big clients as part of their business model. But you thought it was a good idea for the video gamer! Keep up the good work! Don Marsh, Gainesville, FL
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Penny Haynes, http://www.eMediaTouch.com