Inc. Magazine – September 2019

(Nancy Kaufman) #1
67 ● INC. ● SEPTEMBER 2019 ● ● ● ● ● ●

OF INC. 5000 CEOs were born in the U.S.
The rest immigrated with family, for work
or school, or to flee a war zone or seek
political asylum.

worked at a corporation
before starting their first
full-time business, 10% were
college or grad students, and
9% came from startups.

are ages 35 to 44, but fast-
growth leaders come at every
age: 47% are 45 to 65, with
2% running companies after
traditional retirement age.

40% OF RESPONDENT
CEOS SAID THEY ACTIVELY
HIRE IMMIGRANTS

IF YOU ARE A PARENT, WHO IS YOUR CHILDREN’S
PRIMARY CAREGIVER?

INDIA
68 CEOS

CANADA
16 CEOS

IRAN
7 CEOS

GERMANY
14 CEOS

ENGLAND
13 CEOS

ISRAEL
8 CEOS

PAKISTAN
7 CEOS

FRANCE
60% DO NOT 7 CEOS

THE GOOD NEWS/
BAD NEWS ABOUT
BEING IN CHARGE

DUST OFF THAT GYM PASS
Running a business can be a
boost for your mental health,
according to 60% of our CEO
respondents. But it’s not as great
for your physical condition; 39%
of respondents said starting or
running their business has had
negative effects on their physical
health. Feeling fit but over-
whelmed? Don’t worry, you’re not
alone—many CEO respondents
cited financial and personal
stress, isolation, pressure to keep
growing, and feeling responsible
for their employees as the worst
parts of their jobs.

41% My spouse or partner
38% My spouse or partner and
I share responsibilities equally
13% I am
7% I have full- or part-time
paid help
1% Their grandparents or other
family help (unpaid)

STATE OF THE CEO


The founders of the 2019 Inc. 5000 come from all kinds of backgrounds—and countries—but
they all face many of the same existential questions about leading workers, raising families,
managing stress, and being global citizens. –Reporting by Natasha Ramirez and Natasha Roy

WORK-LIFE BALANCE: 40% of respondents said entrepreneur-
ship had no effect on their family planning, and 30% already had
children before starting their companies. But some CEOs—both
male and female—said they had delayed having kids until their
companies were more stable, while others welcomed the greater
flexibility of running their own business.

“A major reason I became an
entrepreneur was because I was
starting a family and I wanted
to be present for them.”
NO. 2,638BRIAN BALLARD, Avatria

IMMIGRANT NATION Nearly a fifth of Inc. 5000 CEOs are immi-
grants, and hundreds more depend on immigrants to help run
their businesses—which means that changing federal policies are
creating both personal and professional headaches, including
increased visa costs and restricted talent pools. “We’re more cau-
tious hiring employees who require sponsorship,” reported one Inc.
5000 CEO, who’s lost employees who decided to leave the country
“out of fear.” Other impacts of changing immigration policy:

“It makes hiring


the best people
very painful,
expensive,
and time
consuming.”
NO. 2,608ESTHER POULSEN,
Raare Solutions

“Sometimes you feel like you are
all alone. There are very few
people who understand a business
owner’s problems.”
NO. 1,438CURTIS YODER, United Wall Systems

“We employ several
Dreamers who have
done everything our
government has asked
of them, yet they are
still left in limbo.”
NO. 1,423MATTHEW BURTON,
Adonis Auto Group
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