- Provide economic opportunity to a diversity of people.
- Reduce small business risk with capital, back office support, and mentorship.
- Divest in year three – sell profitable businesses to the entrepreneurs.
We start, grow, and sell small businesses for those individuals who may not have the capital, knowledge, tools, or risk tolerance to do it on their own. We identify a potential entrepreneur, start the business together with SmallStart Ventures as the owner and the entrepreneur as the operator, and at the end of three years, we sell 100% of the business to him or her.
At the end of the fifth year, we expect to have started 1,084 small business, sold 148 of them, and have revenue of $595 million. Our goal is to have small businesses in all 50 states and to start the process of an Initial Public Offering. Small business is the omnipresent lifeblood of the US economy. With 30 million small businesses and 47% of Americans who work in small businesses, we believe this is a very big market and an audacious opportunity. These projections cannot be guaranteed.