While addressing a sea of over 800 employees plus their families at this year's company picnic I was suddenly struck by the realization that this is no longer the small business I started in 1998 with one employee. ~ Michael Kaiser, People’s Care CEO
Chino Hills, California (PRWEB) October 03, 2013
People's Care is named to the inaugural Build 100 list with five-year job growth of 300%.
Inc. magazine named People's Care to The Build 100, a new business index that honors an elite tier of companies that have expanded their employment in each of the past five years. The index was created by studying the growth performance of millions of U.S. mid-market companies between 2007 and 2012. This inaugural list celebrates agile, enduring firms across a spectrum of industries, including Coyote Logistics (3,228% workforce growth), HubSpot (709%), and Smilebuilderz (639%), among others.
The Build 100 is a predictive tool built on rigorous economic research showing the only statistically significant predictor of a company’s future success is sustained job growth over time. Every Build 100 company has added jobs in each of the last five years, a feat worth celebrating in any economic climate.
"While addressing a sea of over 800 employees plus their families at this year's company picnic I was suddenly struck by the realization that this is no longer the small business I started in 1998 with one employee. We will double our workforce in five years. How I hope we can preserve some of that small company feel that has made coming to work every day such an incredible joy." ~ Michael Kaiser - CEO, People’s Care
Inc. will unveil the full Build 100 list in its March 2014 issue, and on its affiliate website TheBuildNetwork.com in early 2014. To make the cut, companies had to have achieved employee growth in 2008, 2009, 2010, 2011, and 2012. Companies founded after 2008, or those with a current U.S. workforce smaller than 85 employees, were not considered. In addition, all Build 100 companies have agreed to participate in a year-long research initiative studying the key drivers of sustained growth.
“72 percent of all new U.S. jobs are created by 1 percent of companies,” says Inc. economist-in-residence Gary Kunkle. “The Build 100 represents that top 1 percent of that 1 percent. They should be celebrated, but they must also be studied so that we can better understand — and replicate — the decisions, priorities, investments, and strategies that helped them grow.”
The Build 100 is not ranked. To qualify, companies must have been founded and generating revenue by December 31, 2008. They had to be U.S.-based, for profit, and independent — not subsidiaries or divisions of other companies. The minimum number of employees for 2013 is 85; the minimum 2012 revenue was $8.5 million. All Build 100 companies must also agree to participate in a year-long research initiative studying the drivers of sustained growth. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on The Build 100 will be featured in the March 2014 issue on the affiliate website TheBuildNetwork.com.
About The Build Network
Founded in 2011 by two longtime editors of Inc., The Build Network is a management enterprise within Inc. that studies and serves sustained-growth companies with a special quarterly print section, a dynamic web site, live events, research endeavors, and The Build 100 index of sustained-growth firms. For more information, visit thebuildnetwork.com.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures, 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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.