Lessons from the most promising business companies in the U.S.




Samye promising young U.S. companies give lessons biznesa orbes rating was the most promising young U.S. companies. Top-managers of the most successful start-ups were asked to reveal some secrets of his success.
In the first place in the ranking - the company Vextec, which develops software for the aviation and automotive parts, allowing them to identify weaknesses before commissioning, and even to create them, as well as diagnose the cause of failure.
The company was founded in 2000, but the market was first published in 2005 alone. And in 2008, its annual revenues of $ 3 million clients include Vextec - U.S. Department of Defense and NASA. Responding to questions from Forbes, managers Vextec told, with what difficulties they faced in entering the market. The biggest challenge was to correctly identify the product and come up with a comprehensive description of him to motivate consumers to all areas where it can be used. In the end, settled on the name of Virtual Life Management - «Managing virtual life." In his work founding Vextec equal to the market giants such as Apple and Intel. Persistence and labor - perhaps the main secret of success Vextec. Suffice it to say that the top managers of this young company working from morning until 7 pm, make a short break, and again from 10 pm immersed in work. And regardless of whether it everyday or weekend.


    
Co-founder Loren Nasser (Loren Nasser) and vice president of marketing, Frank Priskaro (Frank Priscaro) gave a few tips for beginners businessmen:

    
1.Sostavit business plan at the initial stage of business development. Necessary to determine the main direction, objectives and ways to achieve these goals, and the best way to do this - to express everything in writing.

    
2. Be prepared for the fact that, as business development, business plan should be adjusted - and do it quickly and often. Early selection strategy is rarely successful. Perhaps the main property of a good entrepreneur - to be able to adapt.

    
3. Remember that cash flow - your all. Never, under any circumstances, do not let it take its course, and try to anticipate the direction of cash flow in advance.

Second place in the Forbes rating given to the company Kaam. It is developing software that can find on the Internet similar images or videos based on the original images (graphics, photos, pictures, video). This company is still a "baby" - she was only founded in 2009 and does not yet have data on annual income. The business model is to provide Kaam license fee for its software. The price depends on how big a customer and how many people use this software.


    
Company founder Clive Adams (Cleve Adams) finds that the most exciting lesson in business - at the risk of translating into reality an idea that exists only in your own head. However, this is a double edged sword - this kind of risk is sometimes too much tickle your nerves. In any case, says Clive Adams, business - like a drug. To him get used to. In his opinion, a successful businessman should possess the following qualities:

    
1. Be patient but persistent enthusiast.

    
2. Gather around him the best team of professionals that you can find.

    
"At the beginning of any of my most successful businesses and I have just heard that phrases like - it does not work, for this there is a niche market, the company is already doing so N - says Clive Adams - before I perceived such phrases as criticism and refused to their plans. Now I understand that if people say it - a sure sign that your business will be the best. "
In third place ranking in Forbes - Company iKnowWare. This is also a company - a software developer. Its products allow employees to the client to gain access to inside information anywhere, at any time and from any device - even with smartphones. The main consumers of iKnowWare - banks, insurance companies, medical companies. The cost of software is 39, 79 or 99 dollars per month, depending on the level of functionality. The company was founded in 2002, annual revenue in 2008 amounted to 950 thousand dollars
Company founder Mark Spilotro iKnowWare (Mark Spilotro) recognizes that when the time to market for innovative solutions often do you hear about yourself that you're crazy. Well. with the need to put up! He advises novice business people to believe in their abilities and to trust his team. "Do yourself that require their subordinates - the Council Spilotro, - to perform above and beyond what is required of you."
In addition to the three leaders - young software developers - in the top ten rankings Forbes hit companies such as FTT (machines for disinfecting large volumes of water), Weather Trends (statistical algorithms for accurate weather forecasts for the long term), Sundia (packaging and sale of cut fruit) , Oversight Systems (software that analyzes the error in the selection of personnel), AURI footwear (design, manufacture and sale of men's shoes), Yurtopia (making individual headphones in the form of the ear) and Prolifiq (program data management).Rating of Forbes magazine was compiled in conjunction with the consulting agency The Venture Alliance. The list includes those companies that were founded no more than ten years ago, with an annual income not exceeding $ 25 million. Companies that are so recent that do not yet have an annual turnover figures also included in the rating. Taken into account in their assessment of the problem of companies, their products, the importance of the market leadership experience.