Date: June 10, 2011
CEOS offer advice to fuel rapid growth – Welcome to the South Florida Business Journal's first Fastest-Growing Companies special report. In a still-bumpy economy, we hope these companies will help provide inspiration to the region's businesses in general.
We turned to Research Director Amy Limbert to come up with the 50 fastest-growing companies in the region.
When we were brainstorming ideas for the section, we decided to invite leaders of these companies to submit their suggestions on how to grow rapidly. We figured those who have experienced rapid growth would have some great ideas to share.
Many of these companies are familiar to regular readers, but we've also included additional information on some less-familiar names and others who were standouts among their revenue peers.
One caveat, though: The list is purely driven by revenue, and not necessarily a reflection of company profitability. Consider this the busiuness equvalent of muscle cars racing down the highway.
Steven Douglas Associates – If you want to grow fast and in a sustainable fashion, you need to build a winning culture with great people. Regardless of what business you are in, talent is what makes the difference. You can only attract and retain the best people if you give them a great environment to work and succeed in. Don't get enamored with growth in top-line revenue. We have a saying at our firm: "Revenues are for vanity and profits are for sanity." You need to have an intense customer focus and deliver on your promises. Too many companies spin out of control trying to grow too fast.