Correct! Starting small does not prevent a company from going public. In fact, a very high percentage of companies that are now publicly traded started out as small companies with limited resources.

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No, this course is full of examples of companies that started very small, but grew into major public corporations.

 

 

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Things Take Time

If you are still in high school or have just started college, it may seem like taking a company public is a far-fetched dream. But, many of the major corporations we’ve mentioned in Lessons 1-5 were started by young entrepreneurs just your age.  

  • Estée Lauder was about 17 when she started selling face creams and giving her customers advice on skin care.
  • Michael Dell was only 18 when he started Dell Computer in his dorm room.
  • Bill Gates was 20 when he and his friend Paul Allen founded Microsoft.

Remember that these now-famous entrepreneurs were  “nobody” when they first started their companies. No one looked into a crystal ball and automatically knew these companies would change the world. But Estée Lauder, Michael Dell, and Bill Gates were willing to start small, grow their businesses, and work their way up the rungs of the ladder of business success. Are you willing to do the same? 

 

True or False?

A company that starts small will never be able to go public


True
False
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