ENTREPRENEURS
Do you have that diamond in the rough?
Each year approximately 6 million businesses get started in the US. However, out of those 6 million or so businesses, less than 5% make it to it’s 5th birthday, hire at least one employee outside of the founder, and gets past the breakeven threshold.
Out of those lucky 5%, less than 1 in 1,000 (0.1%), are the kind of startups that are likely to have the revenue growth, income potential, and exit valuation that GoodField is interested in. That comes out to about 1 out of every 20,000 businesses that are started each year.
Those statistics are scary but those are the facts, and everyone who starts a new business should be aware of these numbers. However, for those few diamonds in the rough who do make it to a level of the 1 in the 20,000, it is a life changing experience.
To go from the diamond in the rough to a well polished diamond that is valuable and saleable, you must have a strategic and financial partner that can help you form a strategic path to success while navigating through adjustments in the financial, strategic, psychological and emotional roller coaster of a successful startup.
If you think that maybe one of those startups—that diamond in the rough—and you are interested in partnering with someone that can help you navigate through that roller coaster, then GoodField may be interested in funding your business and helping you become one of those polished diamonds.
Please review our Investment and Evaluation Criteria to see if your startup qualifies, then review our Process to determine if you should take the next steps in submitting the information about your startup to see if GoodField is interested in being a capital partner that can help you achieve success.