T H E M E 3
Sus ta i nab i l i t y cha l l enges threaten ESOs and Ent repreneur s l ong- term sur v i va l
Entrepreneurs face poor growth rate.
50% of entrepreneurs reported to have grown slower than their competitors. 30% of entrepreneurs recorded zero sales growth in 2019. 26% of entrepreneurs recorded between 1%-3% sales growth rate and only 6% of entrepreneurs recorded over 50% growth rate in the same year. Research shows that poor growth rate for entrepreneurs is among the main challenges that could lead to a startup not delivering and reaching its objectives.
How would you say your company has grown compared to your competitors ? (% of rating)
What are the business approximate sales volume growth rate for the following years? (% of rating)
80%
70%
68%
63%
60%
51%
28%
50%
40%
50%
30%
30%
26%
23%
20%
20%
17%
23%
15%
14%
13%
12%
11%
11%
11%
10%
10%
9%
10%
9%
9%
8%
8%
6%
6%
5%
5%
4%
4%
3%
3%
3%
3%
2%
2%
2%
2%
1%
1%
0%
0%
0%
Sales Decline
0% 1-3% Sale Growths
4-6%
7-12% 12-20% 20-50% over 50% Sales Growth
Faster Similar Slower
2016 2017 2018 2019 2020 (Expected)
33
N E E D S A S S E S S M E N T R E P O R T
Trends and insights from ESOs, entrepreneurs, and investors
Made with FlippingBook Ebook Creator