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Inc. MagazineInc. Magazine

Inc. Magazine July/August 2019

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.

Country:
United States
Language:
English
Publisher:
Mansueto Ventures LLC
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8 Issues

IN THIS ISSUE

access_time1 min.
how to reach us

SUBSCRIPTION SERVICE Inc., P.O. Box 3136 Harlan, IA 51593-0202 800-234-0999 icmcustserv@cdsfulfillment.com OFFICE OF THE PUBLISHER 7 World Trade Center New York, NY 10007-2195 212-389-5300 mansueto.com EDITORIAL PHONE 212-389-5377 FAX 212-389-5379 WEB inc.com LETTERS TO THE EDITOR mail@inc.com PERMISSIONS permissions@inc.com INC. 500/INC. 5000 INFORMATION feedback5000@inc.com REPRINTS 800-290-5460 ext. 128 increprints@theygsgroup.com BACK ISSUES 800-234-0999 Our subscribers list is occasionally made available to carefully selected firms whose products or services may be of interest to you. If you prefer not to receive information from these firms, write to the subscription service address above. inc.com/customercare…

access_time3 min.
inc. magazine

EDITOR IN CHIEF JAMES LEDBETTER VICE PRESIDENT AND PUBLISHER RICHARD RUSSEY EXECUTIVE DIRECTOR, EDITORIAL JON FINE DIRECTOR, EDITORIAL OPERATIONS JANICE LOMBARDO EXECUTIVE EDITORS LAURA LORBER, DANIELLE SACKS MANAGING EDITOR, INC.COM LINDSAY BLAKELY FEATURES EDITOR DIANA RANSOM SENIOR EDITORS DOUG CANTOR, JENNIFER EUM, GRAHAM WINFREY EDITORS-AT-LARGE MARIA ASPAN, LEIGH BUCHANAN, TOM FOSTER, BURT HELM, BILL SAPORITO, KIMBERLY WEISUL SENIOR WRITER CHRISTINE LAGORIO-CHAFKIN STAFF WRITERS EMILY CANAL, KEVIN J. RYAN STAFF REPORTER MARIA GUADALUPE GONZALEZ DATA REPORTER NICK DEVLIN ASSISTANT EDITOR CAMERON ALBERT-DEITCH WEB PRODUCERS SOPHIE DOWNES, ANNA MEYER, BRITTANY MORSE ASSISTANT MANAGING EDITOR TIM CRINO EDITORIAL ASSISTANT TALIB VISRAM COPY CHIEF DAVID SUTTER RESEARCH DIRECTOR MARLI GUZZETTA PRODUCTION MANAGER GREY THORNBERRY COPY EDITOR PAM WARREN CREATIVE DIRECTOR BLAKE TAYLOR PHOTOGRAPHY DIRECTOR TRAVIS RUSE DIGITAL DESIGN AND DATA DIRECTOR KRISTIN LENZ ART DIRECTOR SARAH GARCEA DEPUTY PHOTO EDITOR ERNIE MONTEIRO PHOTO EDITOR SAMANTHA KELLY ART INTERN GABRIELA PESQUEIRA DIGITAL PRODUCTION…

access_time2 min.
every step you take

One of the great privileges of working for Inc. is getting to meet entrepreneurs at every step of their journey. In May, Inc. held our first Fast Growth Tour event, in Chicago, at which my colleagues and I were pleasantly surrounded by entrepreneurs from all ranks: from those who are just figuring out their business plans, to Inc. 5000 founders like Angela Keaveny of Rowdydow bbQ (No. 1,701 in 2018) and Christina Stembel of Farmgirl Flowers (No. 739), to titans like Adam Lowry of Method and Ripple Foods and Kendra Scott. This issue of Inc. extends the same privilege to you. Our annual “How I Did It” package introduces you to entrepreneurs big and small, who are eager to share with you their tales of toil and triumph. The package, which was…

access_time5 min.
why now?

One sound bite still lingers from the days before the Great Dot-Com Crash of 2000, courtesy of an investment banker who insisted he wasn’t concerned about the tsunami of funding sloshing around the IPO market. “It’s Wall Street’s job to throw money at companies,” he said. And investors’ job to sort the winners from the losers. Throw money Wall Street did—to any entity ending in .com run by any group of idiots. How much? There were 486 IPOs in 1999, which collected $92.2 billion, and another 406 in 2000, for another $96.7 billion. Inflation-adjusted, that’s $283 billion worth of equity raised. And then razed, in large measure: The Nasdaq, where much of that dot-com money lived, lost 78 percent of its value peak to trough. Consider some IPOs from one week in…

access_time3 min.
should a business start in a co-working space?

ETHAN AGARWAL Founder and CEO of New York City–based fitness app-maker Aaptiv Do co-working spaces help with building a coherent corporate culture, or undermine it? • In our co-working space, the guy next to us was a jeweler, and there was a small PR firm and the local office of an industrial company. The people around us were not startup people, so the culture wasn’t that How can you ensure productivity? • I can’t tell you how many times you’ll be kicked out of a conference room because there’s something wrong with the booking process or the phone booth, or something is broken. Does working near other companies promote collaboration? • You can easily hear what everyone is saying and what they’re talking about. They can hear what you’re saying and talking about. Confidentiality is nearly impossible.…

access_time1 min.
the jargonator

TECHNICUREANS • noun Tech-savvy cooks who seek kitchen appliances with built-in recipe, meal delivery, and larder-replenishment apps. As long as my microwave still has a popcorn button, we’re good. Source: Digital Trends A PLUS • acronym Rejoice! A new investing acronym! It encompasses Airbnb, Pinterest, Lyft, Uber, Slack, Stripe, and Square. So, really A PLUSSS—but who caresss? Source: Forbes CRYPTO WINTER • noun The “bearish run” in crypto that has seen many currencies “suffer an 80 to 90 percent decline from their all-time high.” I think the word they really want is gravity. Source: Cryptopolitan MILLENNIAL MONEY MULES • noun Young people tricked into opening bank accounts “to help launder ill-gotten gains of cybercriminals.” Sounds terrible—but do I still get my frequent-flyer miles? Source: CPO Magazine ISTOCK; ILLUSTRATIONS: ANNA BAK-KVAPIL (2); MICHAEL PARKIN (4)…

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