Jim AlampiBy Jim Alampi

Entrepreneurial startup companies have long been the foundation of business growth in the United States. Unfortunately, many startups never reach their desired potential; U.S. Census data shows that out of the country’s roughly 6 million employer firms, only 25% of them made over $1 million in revenue. Not only that, in nonemployer companies, which actually account for about three quarters of all U.S. businesses, less than 1% were able to cross the $1 million threshold, according to 2011 nonemployer U.S. Census data. Accountability for success or failure lies to a great degree with the founder/CEO and their ability to scale (grow) as the business does.

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