According to Brian Head, Economist with the SBA Office of Advocacy, as a general rule of thumb new employer businesses have a 50/50 chance of surviving for five years or more. So basically there’s a coin toss between business failure and success? Er, I hope not. I like to think that staying alive as a business relies more squarely on wise decision making rather than the hand of fate.
With that being said, Todd Olivas & Associates, Inc. is now six years old! We made it past the five-year mark and are weathering the recession with the best of them. I mark the start of the business as July 1st every year. This year we had a wonderful lunch celebration at P.F. Chang’s. Only Nancy in our Texas office couldn’t join us. (Nancy handles conference suite coordination and collections.) Still, I am proud to be here – at the ripe old age of six – and am excited for the next six years!
Thank you to all the clients and reporters who we have met along the way!