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      WSJ.com

      The Company Founder's Special Sauce

      The Company Founder's Special Sauce

      The genius of company founders can live on long after they’re gone.

      By Chris Zook and James Allen

      • min read

      Article

      The Company Founder's Special Sauce
      en

      This article originally appeared in the Wall Street Journal .

      "The Founder," a new film starring Michael Keaton, tells the story of McDonald’s Corporation founder Ray Kroc as he turns a few small restaurants into a ubiquitous international chain. It’s a tale of founder-driven corporate growth—something that has become too rare today. This breed of entrepreneurial spirit makes for a good story, but it’s also crucial for the economy.

      Research we published in July finds that of all newly registered businesses in the U.S., only about one in 500 will reach a size of at least $100 million in revenue. A mere one in 17,000 will attain $500 million in revenue and sustain a decade of profitable growth. Despite their rarity, these successful firms are a bedrock of the U.S. economy.

      Learn More

      Founder's Mentality

      Fast-growing companies can become global leaders without losing the values that helped them succeed. Bain’s research explores how large incumbents can also reignite their growth by recapturing their Founder’s Mentality®.

      A study out earlier this year from Bain & Company, where we work, shows that over the past 15 years founder-led companies delivered shareholder returns that are three times higher than those of other S&P 500 companies.

      Read the full article

      Authors
      • Headshot of Chris Zook
        Chris Zook
        Advisory Partner, Boston
      • Headshot of James Allen
        James Allen
        Advisory Partner, London
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      Some companies have been able to anticipate and address the internal obstacles to growth.

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      The practices and underlying attitudes that founders instill from the start can influence their companies’ success for a long time.

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      Bain Partner James Allen shares how CEOs can sustain the speed and adaptability that their organizations uncovered during the crisis.

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      The Magic of Founder-led Companies

      Companies with their founder present performed twice as well as their peers in the S&P 500 over the past decade.

      Read More
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      New Tool Supports Accelerated Performance Transformation for UK Healthcare Providers

      Improving front-line healthcare performance requires a fresh approach.

      Read More
      Published in December 2016
      Tags
      • Bain Micro-battles System®
      • Founder's Mentality
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