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Old January 10, 2001, 12:55 PM
Dien Rice
 
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Default One way to find growth trends....

The past six months, I've immersed myself fully in the study of business.... The study of how to obtain freedom, independence, success and wealth....

What I've concluded is that there are MANY strategies which work! One way to help yourself to success, though, is to look at the trends, and align your activities with the trends....

Here's a strategy you can use to find out some of the new trends....

It's to look at the Inc. 500.

Inc. magazine every year puts out the Inc. 500, their list of the fastest-growing small companies....

When you think about it, this list of 500 companies is a "snapshot" of the rapidly growing industries RIGHT NOW.... These are the ones right now growing their wealth....

It can be very handy information to have, to know where the trends are going....

Here's an interesting trend.... 12.8% of the Inc. 500 companies were in IT or involved with the internet in some way. Many of them in providing the services to help others get their stuff on internet....

(For example, read this article, especially the part headed "These Inc. 500 companies often supply growth markets....")

However, if 12.8% of the companies were internet-related in some way, that means that 87.2% of the companies are more based in offline markets....

Just to illustrate this, the number 1 company, Parson Group, provides accounting and finance services.

The number 2 company, Keystone RV, manufactures Recreational Vehicles.

The number 4 company, Orange Glo International, develops and sells professional cleaning products.

It's good to know that there's "success" in other areas too!

Here's an article about some of the more unusual businesses listed in the Inc. 500....

I think it's worth going through the list, just to get an idea of some of the various areas where people are having success in growing their companies, and their wealth....

If nothing else, it shows just how diverse the range of businesses can be which are growing at a rapid pace!

- Dien




The Inc. 500
 


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