Get the key ideas from

Small Giants

Companies That Choose to Be Great Instead of Big

By Bo Burlingham
12-minute read
Small Giants: Companies That Choose to Be Great Instead of Big by Bo Burlingham

There’s a new phenomenon emerging in the American business world: Small Giants. These are privately owned companies that don’t follow the usual corporate dogma of growing revenues at any cost. Instead, they’re driven by their heart-felt enthusiasm for their product, and focus on factors like quality and caring for their workforce. The author has examined 14 small giants to explain how this strategy has made them successful.

  • Entrepreneurs and small business owners who don’t want to sell out
  • Anyone in a managerial position
  • Anyone thinking of founding a start-up

Bo Burlingham is editor at large at Inc. magazine and has written for other publications such as Mother Jones, Boston Magazine and Esquire. He’s also been a board member for Body Shop Inc., and founded the global business network PAC World.

Go Premium and get the best of Blinkist

Upgrade to Premium now and get unlimited access to the Blinkist library. Read or listen to key insights from the world’s best nonfiction.

Upgrade to Premium

What is Blinkist?

The Blinkist app gives you the key ideas from a bestselling nonfiction book in just 15 minutes. Available in bitesize text and audio, the app makes it easier than ever to find time to read.

Discover
3,000+ top
nonfiction titles

Get unlimited access to the most important ideas in business, investing, marketing, psychology, politics, and more. Stay ahead of the curve with recommended reading lists curated by experts.

Join Blinkist to get the key ideas from
Get the key ideas from
Get the key ideas from

Small Giants

Companies That Choose to Be Great Instead of Big

By Bo Burlingham
  • Read in 12 minutes
  • Contains 7 key ideas
Upgrade to Premium Read or listen now
Small Giants: Companies That Choose to Be Great Instead of Big by Bo Burlingham
Synopsis

There’s a new phenomenon emerging in the American business world: Small Giants. These are privately owned companies that don’t follow the usual corporate dogma of growing revenues at any cost. Instead, they’re driven by their heart-felt enthusiasm for their product, and focus on factors like quality and caring for their workforce. The author has examined 14 small giants to explain how this strategy has made them successful.

Key idea 1 of 7

Small giants: why some companies decide not to grow.

If you’ve ever seen the CEOs of huge, publicly traded companies being interviewed, you’ll know that they always emphasize the importance of growth. No doubt this is how the companies became so big in the first place.

But in fact, there’s another kind of company: the small giant. These are privately owned companies that have faced a moment of truth where they had to decide whether to grow or not, and decided against expanding if it meant compromising their mission.

Think of W. L. Butler Construction Inc., which expanded rapidly in the 1970s and 1980s. At one stage, the owner, Bill Butler, found himself with 129 employees and $20 million in annual sales.

But he was unhappy. He realized that he didn’t want his company to keep growing as he felt he should know every employee personally. So Butler narrowed his business focus and reduced his clients from 25 to ten. This even meant letting go of his largest client, an abusive financial services company that accounted for 50 percent of the value of the company’s projects.

But staying small has some real business benefits.

Consider the Californian brewery Anchor Brewing, which has remained at around 50 employees for the past 20 years.

The small workforce fosters better relationships as everyone knows everyone else, and it also helps the employees take pride and responsibility in their jobs as they can actually see the impact of their efforts immediately.

Not only do small companies have a nicer atmosphere at work, they also tend to be better at tasks that benefit from personal interaction, like customer service. This is because the owner can literally know the face and name of every customer, which would be impossible in a big corporation.

Upgrade to continue Read or listen now

Key ideas in this title

Upgrade to continue Read or listen now

No time to
read?

Pssst. Sign up to your secret to success: key ideas from top nonfiction in just 15 minutes.
Created with Sketch.