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Who better to be named Entrepreneur of the Year than the entrepreneur working with a team of fellow entrepreneurs advising thousands of other entrepreneurs to grow and scale their businesses successfully?
Meet Casey Clark, co-founder and CEO of Cultivate Advisors. With his team of entrepreneurial-minded advisors with firsthand experience running successful companies, clients that work with Cultivate for 12+ months grow an average of 43% in top-line revenue and 65% in bottom-line profit year-over-year.
Quite the accomplishment in a sector that has a lot of failure.
According to the U.S. Bureau of Labor Statistics, nearly 1 in 5 businesses fail within a year. By the end of the fifth, about half will have gone under, with the number increasing to 70% after ten.
Now add on the stressors of the current economy--the remnants of Covid-19, supply chain issues, high-interest rates, employee turnover, and inflation. It's no surprise a recent survey by Staples found that 33% of small business decision-makers say they lack confidence in their access to the right resources and expertise just to address inflation.
What's a business owner to do? Where to find the right resources and expertise?
Enter Cultivate Advisors.
In ten years, under Casey's leadership, Cultivate has become one of the largest small business advisory firms in North America, helping thousands of businesses in 160 industries grow.
At the same time, Cultivate itself has beaten all odds, experiencing explosive growth, so much so it's made the Inc. 5000 FOUR years in a row with 3-year growth rates of 185% (2022), 338% (2021), 610% (2020), and 1,558% (2019). But more exciting for Casey is seeing Cultivate clients on the list--Zenith Design (740%), Valiant Capital (668%), leadPops (644%), London Foster (261%), Proactive Talent (166%), Prialto (109%), and Comrade (82%).
It's been nonstop at Cultivate since 2021. In that time, Cultivate has helped 1000+ businesses grow while experiencing a 50% increase in revenue itself. They’ve launched a new Performance Training Platform to allow businesses to train, organize and drive performance; acquired Breakwater Accounting to help clients get clarity around their numbers; and partnered with [REDACTED FOR PUBLICATION] Capital One, Newity, and the Exit Planning Institute to bring its best-in-class services to their small business communities.
Supporting his fellow entrepreneurs is important to Casey. As such, Cultivate joined forces with the National Association of Women Business Owners' [REDACTED FOR PUBLICATION], as statistically, only a small percentage of women-owned businesses scale past $1M. The company also launched a new program, 3x, a bootcamp designed to rapidly accelerate growth for businesses with under $500,000 in revenue. [REDACTED FOR PUBLICATION]
Casey knows Cultivate's success isn't just his own but the result of his teammates. As such, it's important to him to have a company culture where everyone thrives along with the business. He believes in the importance of a solid work-life balance. He actively works to provide the flexibility his employees need to succeed in their professional and personal lives while also helping clients achieve their goals.
He focuses on building highly interconnected teams with continual professional development to optimize effectiveness. While many businesses are cutting costs, Casey invests in his most significant asset—his employees. Because they wanted to continue working remotely, he listened. Now he uses the money saved on office space for team-building trips to places like Cabo to connect, grow, learn, and celebrate achievements. As you can see, Casey is a passionate entrepreneur who genuinely cares about his teammates, partners, and clients.
Nomination Title: Casey Clark Cultivate Advisors' CEO
