
158 CLEARING THE HURDLES: WOMEN BUILDING HIGH-GROWTH BUSINESSES
Ambitious Strategy
To pursue an ambitious strategy you need grand goals, strong personal
experience and expertise, and significant resources. Entrepreneurs and
ventures suitable for this strategy are in a very small minority, with less
than 1% of all businesses receiving institutional venture capital, which
translates into fewer than a couple thousand businesses per year. Even
including those receiving substantial private equity investment, or
angel financing, the number of businesses suitable for ambitious
growth is probably less than 10,000 at any given time. Why are so few
businesses right ...