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The Inner City 100 Almanac

Fast facts about the inner-city 100 CEOs and their businesses.

 

The Inner City 100

The CEO's

Vital Stats
Average age today 46
Median salary $130,000
Average age at time of
company's founding
34
Average salary $206,610
Median noncash compensation $12,000
Average noncash compensation $81,159
Median percentage of
company owned by CEO
60%
Average percentage of
company owned by CEO
69%
Highest Level of Education
High school 19%
Two-year college 4%
Four-year college 39%
M.B.A. 19%
Other master's degree 8%
Doctorate 6%
No response 5%
Economic Background of Family
Affluent 8%
Middle class 50%
Working class 28%
Poor 10%
No response 4%
Ethnicity
Caucasian 60%
Hispanic 15%
Black 13%
Asian 4%
Other 5%
No response 3%
Gender
Male 79%
Female 21%

Entrepreneurial Evolution
Percentage of CEOs who first considered
becoming an entrepreneur at age

5 to 14 13%
15 to 22 37%
23 to 29 22%
30 to 39 14%
40 to 49 9%
Over 50 0%
No response 5%

The Companies

Critical Numbers
Average age of company 15
Average number of full-time employees 87
Median number of full-time employees 40
Average five-year growth rate 687%
Median five-year growth rate 323%
Average 1999 sales $16.6 million
Median 1999 sales $5.8 million
Inner City 100 by Sector
Service 49%
Manufacturing 41%
Distribution 6%
Retail 4%
Inner City 100 by Industry
Business products and services 24%
High tech 18%
Consumer goods 16%
Construction 15%
Professional, scientific, and
technical services
8%
Health care and social assistance 3%
Real estate 3%
Transportation 3%
Other 10%

Start-up Capital
Percentage of companies that
were launched with

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