Wednesday, August 23, 2023

My Favorite Business Rankings – III - Forbes Next 1000

 This is a recent one.  Unlike almost all other rankings that use somewhat static data to rank companies, Forbes uses a combination to identify the future entrepreneurs. For example, most rankings take a combination of current revenues, profitability, etc. to determine the ranking.  By using the most recent historical data points, most rankings look at the most recent calendar year.

The Forbes Next 1000 looks at that type of data, but also asks about biographical, awards, and if student debt influenced your decision to start a business.  The magazine seeks to find the next generation of entrepreneurs by identifying current sole proprietors, self-funded ventures, and pre-revenue startups all with under $10 million in revenues.  A rather novel approach.

This is one of the most unique and fun rankings to read.  The winners are diverse in every sense of the word.  Since this is running all year, every season we get to read about the additional 250 firms.  The articles run over one year.

Finally, note the judges.  Just like the past editions, the judges are a varied group of individuals. 

 

Link to list:  https://www.forbes.com/next1000/

No comments:

Post a Comment