Gazelle companies are typically high growth businesses, usually with a strong digital presence. They are marked by their exceptional and sustained growth rate, often surpassing the 20% revenue threshold and with base sales of at least $100,000. They focus primarily on technology, but they often come across in retail and food and beverage sectors as well.

These businesses adopt a “move fast and break things” approach to the market, rapidly developing their product and service, launching new initiatives and taking bold risks in order to stay ahead of competition. They often look for ways to disrupt established markets and create new trends. Innovative development, differentiation and cost leadership are hallmarks of their activities.

Gazelle companies are normally led by young, ambitious and highly motivated entrepreneurs who embrace and encourage risk taking. These individuals often have a deep knowledge of the industry and are able to make quick and smart decisions to capture market share. They are hungry for success and aspire to build something that will last, with positive ripple effects for their local communities.

Gazelles play an important role in economic development by creating thousands of new jobs for our economy. They are credited for being among the leading sources of new employment and stimulating economic growth.

These companies have an enormous potential and can have a positive impact on our economy. However, they should be aware that competition can dampen their growth potential in the long run and they should stay agile to be able to compete in the highly competitive environment.

Overall, Gazelles are a testament to the enterprising spirit of founders and entrepreneurs, a celebration of their creative ambitions that shape our capitalistic society. These businesses embody the competitive nature of the business environment and are often seen as a great source of new employment and economic growth.