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Inc. Magazine

Inc. Magazine September 2016

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders.

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País:
United States
Idioma:
English
Editor:
Mansueto Ventures LLC
Periodicidad:
Bimonthly
SUSCRIBIRSE
US$ 19,99
6 Números

en este número

1 min.
3 ways stress helps entrepreneurs (and 1 way it doesn’t)

1 IT MAKES YOU MORE AWARE On high alert, you’re more likely to absorb information, which leads to increased productivity. 2 IT SHOWS YOU HAVE A HEART One key reason you’re feeling stressed: You care about your company and employees. 3 IT HELPS YOU ENJOY THE CALM Consider how worrying will make you more likely to be appreciative when things are peaceful. 4 BUT BEWARE IRRATIONAL THOUGHTS There’s real stress—and there’s stress you create, which leads to unproductive fears. Focus on what’s important. 5000 YOUR INTERACTIVE GUIDE TO THE 2016 INC. 5000 Go deeper into our ranking of America’s 5,000 fastest-growing private companies on our database on Inc.com. There, you can learn about your hometown’s newest star businesses and read up on the details of any company on the list—including revenue and much more. •…

2 min.
the one list that matters

A LOT OF BUSINESS magazines create lists. (Maybe you’ve noticed.) One of Inc.’s competitors, for example, ranks giant public corporations in order of their total revenue. Another ranks people by supposed net worth. Others rank mutual funds, financial advisers, and so on. The Inc. 500 resembles those lists in a superficial way. Like a few of them, the Inc. 500 (and its digital cousin, the Inc. 5000) is a household name. And if you’re on it, it’s something to brag about. But the Inc. 500 is different where it really counts. Corporate giants rise to the top of their list by bulking up over generations of leaders. You can get on the rich list either by inheriting wealth or by creating it, as if the two were equally worthy of praise. By…

2 min.
hammer time

“All you need is a cement slab and a field.” —BETH INGLIS, founder, Preting Consulting ON HIGH SCHOOL, Beth Inglis discovered an innate strength: throwing things. Specifically, the shotput ball. “I’m 5 foot 10 and have long levers,” she says. “It’s straight physics: That’s an edge in throwing events.” So one day, while she was attending the Air Force Academy, a track coach stopped Inglis and asked if she’d ever done the hammer throw—the sport, dating back to the 15th century, in which women competitors hurl a nine-pound ball attached to a metal chain as far as possible. (In the men’s version of the event, the hammer weighs 16 pounds.) She hadn’t. But “I tried it and it just worked,” she says. “Pole vaulters would argue, but I think the hammer throw is…

6 min.
intro: everyday heroes

Roughly 50 percent of all startups fail within their first five years. Many others struggle to stay afloat, let alone grow. AS A 21-YEAR-OLD COP IN rural Missouri, Caleb Arthur rushed to the site of a meth lab explosion and—fearing there were children inside—entered the building. The lungful of anhydrous ammonia he inhaled consigned him to bed for four months. When his pregnant wife urged him to seek alternative employment, Arthur launched a solar-equipment-installation business, even though he was still racked by pain, with devastating headaches and unrelenting thirst. Most of his customers were in St. Louis, so for two years he logged 5,000 miles a month in his car. “I had to train subcontractors, which meant climbing up on roofs and walking around construction sites completely out of breath,” says Arthur. “In…

5 min.
geeks and gamers and growth—oh, my

no. 1 Chris Davis Loot Crate • Three-year growth 66,788.6% • 2015 revenue $116.2 million CHRIS DAVIS’S GEEK LOVE is as broad as it is deep: He binges on Pokémon Go, Harry Potter, and Game of Thrones with equal abandon. “My brother and I weren’t allowed to have a video-game console until I was 14, but then we played an obscene amount,” he says. “My fandom has always run the gamut.” Growing up in Southern California, Davis knew he wanted to run a business— just not what it might be. (His kinder garten yearbook lists his dream job as CEO of Disney.) He cut his teeth in college as a door-to-door meat salesman before launching a dorm-moving company. After graduation, he bounced between startups, ultimately trying to sell energy snacks to hardcore gamers (one variety:…

5 min.
after tragedy, he made their company into his friend’s legacy

no. 18 Bhavin Parikh Magoosh • Three-year growth 1,991.3% • 2015 revenue $7 million BIG PROFITS FROM OLD PLANES TAG Aero, founded in 2009 by Myles Thomas, buys airplane components, sends them to FAA-certified repair companies, and then sells the refurbished parts back to airlines. The impeller pictured here, which helps compress air in a jet engine, was bought from Lufthansa as part of a larger auxiliary power unit that sold for $15,000. Once the fixed-up component passes FAA testing, the Winter Garden, Florida–based company will complete all the necessary paperwork—which can take up to two months—and then sell it to an airline for around $50,000. —KEVIN J. RYAN TAG Aero • Inc. 500 rank 360 • Three-year growth 1,059.3% • 2015 revenue $7.9 million HANSOO, OUR CEO, was the visionary. He was the one who…