THOUGHT PIECE
Young companies that scale create the most jobs
in Miami, versus mature companies that make only
incremental hires within the same period of time.
Less than 10% of firms reach moderate scale or
greater, but they generate 80% of the jobs in Miami.
2
I L L U S T R A T I O N :
E X P E C T E D T R A J E C T O R I E S F O R 1 0 0 S T A R T U P S I N M I A M I
100
75
50
25
0
Birth Year 3 Years 5 Years
Medium+ Businesses
(50+ employees)
Small Businesses
(10–49 employees)
Micro Businesses
(1-9 employees)
Failed Businesses
Number Total Jobs
1 90
5 90
34 123
60 0
Y O U N G C O M P A N I E S T H A T S C A L E C R E A T E
T H E M O S T J O B S I N M I A M I .
C O N T I N U E D . . .
Source: Endeavor Insight analysis based on ten-year average in the Miami Metropolitan Statistical
Area. U.S. Census Bureau, Business Dynamic Statistics, 2017.
F
I
F
T
H
A
N
N
I
V
E
R
S
A
R
Y
E
D
I
T
I
O
N
P A G E 4 6
