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The Top 20 Inc 5k (2012) and What It Tells Us

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Mike Kavanagh

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I'm not sure if this is in the right location. Admins please move it, if it is in the wrong place.

Overview:

A post from 20
11 by JackEdwards brought my attention to the Inc 5000 list of 2012. I wrote down the top 20 companies with their industry next to it. I then counted the total for each industry.

The top industries being:
  • Financial services (6 total)
  • Consumer Products and Services (3 total)
  • IT Services (2 total)
  • Energy (2 total)
  • Advertising and Marketing (2 total)
  • Retail, Media, Logistics, Education, and Software each had 1 company respectively

What I did with this information:

Seeing a large number of financial companies with massive growth, my curiosity exploded. What are these companies doing?

  • Unified Payments - Processing Service, 23k% Growth, $60m Revenue, 31 employees, Florida, #1 Growth Inc 5k
  • Integrity Funding - Specialty Financial Service for high net worth clients, 12k% Growth, $15m Revenue, 22 employees, Florida, #4 Inc 5k
  • Bluefin Payment Systems - Processing Service, 11.6k% Growth, $55.6m Revenue, 30 employees, Georgia, #6 Inc 5k
  • High Tower Advisors - Stock/Asset Selection service, 8.8k% Growth, $43.9m Revenue, 178 employees, Illinois #13 Inc 5k
  • Merchant Services - Processing Service, 7.8k% Growth, $14.1m Revenue, 1.3k employees, Florida, #18 Inc 5k
  • Complete Merchant Solutions - Processing Service/Financial Merchandise Sales, 7.8k Growth, $17.9m Revenue, 30 employees, Utah, #19 Inc 5k

From this we can see that financial services can grow at a pretty alarming rate.
We also see that Processing Services are what 5/6 of the top growing companies are doing.

It doesn't take an army to run one of these processing services.

Ways to attack this. Emulate them/Become a PS or fix a problem in that industry. That alone will be worth gold, with execution of course.


Note: I am not an expert in an anyway. I am training myself to see problems and profits(market need). People with a ton more experience can comment on this and see many more ways to attack this that I am not trained to yet.

This is not an end all, be all either. There are 5000 other companies on that list. I only broke down a small section of the list and complied the results.
 
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