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Don’t Judge the Economy by the Number of Start-Ups – It’s all about Gazelles

Great entrepreneurs benefit society first by scaling up their enterprises as far and fast as possible, and then by reinvesting their successful stature in becoming inspiring role models; reinvesting their knowledge by becoming mentors or teachers; and reinvesting their financial gain in the next generation of entrepreneurs

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DEFINITION of ‘Gazelle Company’

A high-growth company that is increasing its revenues by at least 20% annually for four years or more, starting from a revenue base of at least $1 million. This growth pace means that the company has effectively doubled its revenues over a four-year period. As gazelle companies are characterized by their rapid growth pace, rather than their absolute size, they can range in size from small companies to very large enterprises.

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by Daniel Isenberg and Fernando Fabre

http://blogs.hbr.org/2014/10/dont-judge-the-economy-by-the-number-of-start-ups/

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