Inc. Magazine Celebrates America’s Enduring Job Creators with The Build 100 Index of Sustained-Growth Companies
LEASE A SALES REP | Contract Sales Force named to the inaugural Build 100 list
NEW YORK, October 1, 2013 — Inc. magazine today named LEASE A SALES REP 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 not just another business award; it 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.
“We are again humbled to be recognized for our hard-work in helping our client’s grow their businesses” shared Gilbert Pagan about his contract sales force. He is the Founder & CEO of Lease A Sales Rep.
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.”
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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 www.inc.com.