Forget the Fortune 500, It’s All About the Fortune 5,000,000!

fortune 500

The Fortune 500 list consists of the biggest companies in the US. The smallest of the 500 companies, Legg Mason, brings in a bit more than 4.6 billion dollars a year, and the largest company, Exxon Mobile, brings in around 442 billion dollars a year.

The Fortune 5,000,000, on the other hand, is composed of small companies. Most of them don’t even generate a billion in revenue, and surprisingly enough, a lot of them may not even have revenues of a million dollars a year.

I know this doesn’t make the Fortune 5,000,000 list seem attractive, but it is. Before I go into why you should target the Fortune 5,000,000, let’s break down why you should not go after the Fortune 500:

  1. Slow and steady doesn’t win the race – if you want to lock in a deal with a large company, it is going to take a lot of time. These companies move slowly due to their chain of command. You never know if you are dealing with the decision maker, and even if you are, it doesn’t mean things are going to move quickly.
  2. Time is money – in addition to the time you’ll spend trying to lock in a deal, you’ll spend a lot of money. From wining and dining to making multiple presentations to an executive team, it will all add up. And if you happen to get lucky enough to get to terms, just imagine the legal fees.
  3. The money isn’t always great – there is a big misconception that you’ll make a ton of money if you lock in a Fortune 500 company. What you probably don’t realize is that the big bucks usually go to other Fortune 500 companies. Your company will usually get a small contract, and even if you happen to provide a great service or product, you’ll be lucky if you get the opportunity for a large contract.
  4. You’ll be a bitch – whether you end up getting paid a lot or a little by a big company, you’ll be their bitch. They’ll expect a lot from you, and in most cases, you’ll end up doing more work than what was listed in your contract.
  5. You may not get paid – the bigger the company, the slower they tend to pay their bills. Just think of it this way: if they withhold their money for an extra 30 or 60 days from all the companies they owe money to, they’ll end up earning a lot of interest. Although 2% interest from your bank may not seem like a lot to you, it adds up if you have over a billion dollars.

Targeting the Fortune 500 companies may have seemed like a great idea at first, but hopefully the points I mentioned above show you why you shouldn’t target them.

Now, let’s look at the Fortune 5,000,000:

  1. They move quickly – small companies move much faster than large companies. Yes, they might not have the big budgets, but it is easier to get money from them.
  2. You can easily reach them – through normal means of advertising, you can reach the Fortune 5,000,000. You don’t have to build out a sales force and spend thousands of dollars like you may have to if you are targeting the Fortune 500.
  3. Your income will be recession proof – most of the Internet companies that didn’t get affected by the recession are those that targeted the Fortune 5,000,000. It is much better to have 100,000 customers paying you $10 a year than to have four customers paying you $250,000 a year. If you end up with a client who is paying you $250,000, they own your ass.
  4. They can pay more – if you are going after big contracts, there are big enough companies in the Fortune 5,000,000. If you want someone to cut you a million-dollar check, they don’t have to be making billions of dollars a year—they just have to be making millions.
  5. You’ll have more evangelists – as long as you treat your customers right, you are better off having more than having fewer. The more customers you have, the more people will be telling their friends about your company, which will indirectly grow your revenue.
  6. Smaller valuation periods – larger companies typically want to try things for at least a few months before they make a decision. Smaller companies are fine with short evaluation periods, if any at all. This will help you with your cash flow too.
  7. Less competition – because the Fortune 500 label looks more lucrative, more companies are targeting those on the list. If you target smaller businesses, you’ll end up with less competition, which will lead to better market penetration.


Targeting the Fortune 5,000,000 doesn’t mean you can’t go after the Fortune 500. If you target smaller companies, sooner or later the Fortune 500 will flock towards you.

But instead of concentrating your efforts on the larger companies, concentrate on the smaller ones. This will cause your company to grow faster, and your revenue will be more stable.

A final thought: every time one of my companies targeted the Fortune 5,000,000, the juice has always been worth the squeeze. 😉

P.S. If you want help growing your business, click here.


  1. Agreed Neil! I’ve worked SEO gigs for some of the biggest media companies out there. They operate by committee at a slow and uninformed pace. Now that I’m flying solo, I can actually utilize the techniques and practices to get better results without having to ask permission first, or without having to stop three times a week to attend a bullshit meeting from some sub-group about their difficulties and challenges of getting things done right the first time. Big corporate jobs suck. Work for yourself and enjoy a better schedule, no hassles, and three times the income.

    • You do get a lot of freedom, but don’t take advantage of that freedom for it can cause complacency and several other challenges in your business.

  2. Michael Zipursky :

    I’ve had great experiences with both Fortune 500 clients and much much smaller ones too. Looking back to this point so far, it’s been the journey that’s been amazing. But this is a great post. You had me laughing with the comparison – memories. Loved it.

  3. Jeffrey Henderson :

    I’d say you’re spot on for the most part but I’ve had the experience of working with a few “big companies” and it’s not always as bad as you describe. The key is setting yourself up for success on the approach by making sure the client knows what they need to do for your engagement to be a success. If you can do it right big companies can become good cornerstone accounts.

    • CanadaImmigration :

      When credit card companies make the Fortune 500 it is time for some serious evaluation of what is important and what isn’t. Their profits did not come from sales or even legitimate services for that matter, they came from fees and interest charges. They made their entire profit on the backs of Americans. Americans must stop this cut up the credit cards and pay them off or if need be file bankruptcy. The credit bubble has burst leaving Americans feeling the sting while the people who put them there are making a fortune. Amazing but this isn’t the first time this has happened, and yet the lesson is always forgotten.

      • Nathan J. Brauer :

        Seriously, why do you have to make this whole thing political? I don’t know about you, but I like being able to use a credit card. In fact, using credit cards saves businesses money because they don’t have to track or handle nearly as much cash and they’re not as liable for tax-reporting related fraud because everything is already well documented by the credit card companies. The credit card companies also serve the people by ensuring that if their card is stolen, their money is still protected and safe. In Vietnam, we have to use cash all the time. It sucks because it’s extremely hard to track where my money goes, and if someone steals my wallet, too bad. Credit cards also allow us quick money in times of emergency, even if they don’t have the best rates. I’d rather put a $100,000 charge on my credit card and pay the fees associated with it so my daughter doesn’t die from a car accident than to not pay and lose my daughter. (Of course, I’d have health insurance, but for those people who aren’t smart enough to get health insurance, it’s a better option than death. Of course this wouldn’t be my main selling point though. haha)

        • There are times when you want all cash 😉 For the most part though, I agree with you Nathan, having credit cards is a must as it makes everything so much easier.

      • Mark "Johnny Optimist" :

        Sorry, but this is one of my peeves.

        1. “The Credit Card Companies” (the Big V & MC) don’t make money from the interest charges that are being charged to consumers who don’t pay their balance. The banks that issue those cards with those brands make that money. Those two companies do not carry the balances of credit cards, offer the credit, or set most of the terms – all of that is the issuing bank.

        2. No legitimate services? I am sorry but being able to purchase gas, groceries, and anything else by just swiping the card and having it all accumulate into one account where I can pay it in one lump is a pretty nice service. And all it took was a huge infrastructure of networking, software, and data management systems to make sure all the swipe boxes are connected. The fact that I can get gas at midnight in the middle of Wyoming when the station is closed and the owner/manager is sleeping is awesome. (on some stretches the gas stations are 100 miles apart – so hope you have a full tank if it gets snowy & windy) Imagine how many sales that owner makes a year just by not having to be behind the counter 24/7.

        3. A 3% fee for the priviledge of using a card for each transaction is well worth it from both a business and a consumer perspective. It isn’t the banks fault either – just because you are slicing onions with a knife doesn’t mean you have to cut your fingers off. A little responsibility goes a long way. I would rather be allowed to make my own decisions than have huge regulation that says “sorry you can’t handle these things, you would only get yourself into trouble”.

        (Sorry for ranting Neil, but that drives me nuts).

        • Nathan J. Brauer :

          Very well put, Mark 🙂
          To add to your Wyoming example: being able to buy things online! It still blows my mind when I see a business online that’s trying to get people to pay by check. I doubt they last long. How amazing is it that we can buy something by just typing in a few numbers? — and it’s secure and keeps our money safe.

          • It’s quite an easy process, I’m happy with it 🙂

          • Mark "Johnny Optimist" :

            Yeah, I was in tunnel vision when I wrote the comment and totally forgot about the online stuff until I was re-reading – ha.

            It is just amazing to have sold T-Shirts to people in Australia & the UK, etc. and other items all over the world w/o ever having to leave my office.

            Or send flowers to my wife just by picking up the phone / or going online. etc, etc.

        • Rant away my friend, that’s exactly what the comments are for 😉

    • Learn the art of persuasive communication since it’ll help you go a long way.

  4. You have it figured out Neil. Every time I have gone after a large customer in the different lines of work that I do, it has become a headache. The only thing I have left on the bottom line is a good lesson, which does not pay the bills. Your diagram of the cycle of money with Wal-Mart is brilliant. Walton had it figured out. They don’t have Armani suits, but they are the largest retailer in the world. Who do you think sells more cars, Toyota or Ferrari? Great post Neil.

  5. Great article, one fact missing is how much revenue the Fortune 5,000,000 pulls in.

    I don’t know how big it is but I bet it’s really big.

  6. Nathan J. Brauer :

    I’m very disappointed today. I subscribe to and share your feed through FriendFeed which routes my updates to Twitter, which in turn routes my updates to Facebook. I just woke up (it’s 7am here) to find that “Fuck the Fortune 500…” was posted everywhere. Needless to say, I’ve had to remove your feed from FriendFeed and send out apologies on each of my accounts. This also means, I probably won’t be visiting here often anymore since I used FriendFeed to update myself too. As a professional, I cannot have this kind of language appearing on my profiles. I got many messages from my colleges asking me why I posted that and what was going on. I thought that you would have known your audience better than to have that in the title. Wouldn’t it have sufficed to say “Forget the Fortune 500…”? Both mean the same thing, but is much less offensive in the professional world.

    • Nathan J. Brauer :

      Best of luck.

      • Best of luck to you to. And once again, I am sorry for any troubles that I have put you in.

        I should have known better.

    • Nathan, you make a very valid point. I am sorry for all the trouble I put you in. I changed the title of the blog post to “Forget the…” instead of “Fuck”.

      Hopefully I will see you here at Quick Sprout again. If not, I understand.

      • Nathan J. Brauer :

        Thanks Neil, I was hoping you’d do that 🙂
        I believe you’re a very intelligent person and I honor your humility in cases like these. I’m glad that you understand and are taking action to correct yourself. I’m also glad that I can add you back to FriendFeed, because I like reading and sharing your wisdom 🙂


    • I hate to say this but you left me no choice, buddy stick a fucking sock in it and live a little! Dear lord, like you have never used profanity before. Also, the professional bulshit that you claim to be can be shoved right up your ass!!! And as far as you not visiting this site anymore GOOD! because your already on my damn nerves.

      • Nathan J. Brauer :

        “…no choice”?
        Buddy, you had a choice. And you chose to be rude when everyone else chose to handle it very professionally. You’ll understand someday if you’re ever professionally responsible for what you post. Blessings 🙂

      • Toni, there is no need for any of that here, please refrain from doing so in the future.

  7. Very well written! Now it’s time to land few of those 5,000,000…

  8. Neil, a good example of Fortune 500 companies jumping on the bandwagon is BaseCamp by 37 signals. Gain some critical mass and the big fish will come swimmin’.

    • Exactly, good example. They were able to prove it with amazing success.

    • CanadaImmigration :

      I don’t necessarily disagree with what 37 signals is saying, but realize they had a consulting business paying the bills before they launched Basecamp. It would have been harder to launch Basecamp with $0 unless they were living at home with their parents and had no expenses.

  9. But the URL for the article is still might think of changing THAT, too. 🙂

    • I would, but it is a bit too late for that. The story is already circulating the web… it already hit the Hacker News home page (y-combinator).

  10. Mr Neil Patel,

    Another great post! I have now read every single of your post and it never stops amusing me. You always have an interesting perspective.

    I had always wanted to go work for a huge corporation, but now, the more I work for myself, the better the rewards seem.

    Have a good one!


    • CanadaImmigration :

      It’s time we stopped looking at the past. Bush and the Republican Lie doesn’t work and now we, along with the President we elected to do it, change the economic course of this nation. When the top 10% control the vast majority of the Wealth, that means our system is going to grind to a halt. THEY are not the ones who drive the economy and they are not the ones creating the jobs. I remember what my Dad, who came through the great depression, said before he died. “You give a Working Stiff a buck”, He said, “and some greedy person will find something to sell him in order to get it”. It’s called Demand Side Economics and THAT’S the Girl we all brought to the dance! For our Grand Kids we must NOT leave all these problems for them to deal with AND jobs at Wal Mart to survive on!

      • Nathan J. Brauer :

        Spoken like a true brainwashed liberal 🙂
        Fact is these big corporations also give more money back (% wise) to the community than any others. When you go to WalMart, you see tons of smaller businesses around it. These businesses thrive in locations near WalMart because WalMart drives traffic for them. Now apply that same idea to all the other major corps. Major corps also help fund small businesses, student scholarships, schools, etc. Without major corps you end up with an economy like Vietnam’s (which I can talk about because I live here now) which has a ton of small businesses and very very few large corps. You never know for sure where to go to get safe food or to not get ripped off from people price gouging. Since there are no major corps, everyone does their own thing and there’s no standard of business ethics to hold themselves up to (and absolutely no customer service). Americans really need to get out of the country and see the world — especially third-worlds — to really understand what makes a country great or not so great. Most Americans make statements like these based on their own ideas and “logic”.

        • Nathan you stated your argument very well. I am sad to see where the US is heading right now. Especially California, which is where I live. We need to go back to running California and the US like a business. I agree with you when you said that Americans need to get out and travel. We have become too comfortable.

          • Nathan J. Brauer :

            I completely agree – government should be run like a business in most places. It should be the leading example to all of the business within the government of how to run an ethical business. We have a long way to go.

            • Manisha Shahane :

              I agree that travel broadens one’s perspective, wherever one is on the political spectrum. I grew up in small-town southern Virginia and had the opportunity to travel outside the country from the time I was 9 months old – not something that many of my neighbors did. I have lived in both liberal and conservative environments. So I say, whether it is a topic like corporate governance or OSHA standards, open your eyes to the world and understand what you can learn from others to incorporate here (keeping CEO separate from Chairman), but try to appreciate what is here on the ground for you at home (agreed that we feel pretty comfortable eating most anywhere, though there is the occasional food poisoning). (By the way, Chris, I also live in California.) -Manisha

              • Wow, that’s an amazing “upper-hand” you had as a child. Read Outliers and you’ll get what I mean by that.

            • That’s probably one of the most debatable topics on the planet 😉

          • We have a prosperous future ahead, now that the housing market is finally heading in the right direction.

      • I would say that 1% of the population control 99$ of the wealth – Secret 😉

    • It’s great to know you were able to see that. It’s always a much better feeling to have, isn’t it?

  11. CanadaImmigration :

    Personally, I don’t give a rat’s a$$ if our rich aren’t wealthy beyond their widlest dreams. Their wealth is a burden on the rest of us. They didn’t make billions last year? Tough. They should quit their incessant whining and try living like the rest of us.

    • Nathan J. Brauer :

      That’s one of the most arrogant comments I’ve ever seen. The wealthy are usually wealthy because they’ve worked their butts off to become wealthy. Most successful people were not just given their wealth and leadership. They had to earn it. Most have lived just “like the rest of us” but instead of whining and complaining about the rich of their time, they did something about it. They stepped up, created something and supported it with every ounce of their time making huge sacrifices to get where they are today. You’re here on a business/marketing tips blog feeding information off a very wealthy and successful person. You’re living vicariously through him, who by the way, lived just like us at one point. He got big fast, but he used his skills and his intelligence to get where he is today. He didn’t cheat his way to the top. …have you even read his About page?

      • Nathan,
        When Canada Imigration refers to the top 10% of wealth in control, he is right. Also, the top 10% is inherited money. Take a look at the list.

        How you define wealthy? Someone in Westchester, NY making $300,000 is not wealthy unless, they took that same salary to Idaho where the cost of living…well you get my point. Wealth is relative. When someone talks about the top 10%, that’s something specific.

        • Interesting example. Where you live does make a huge difference has how your perceived. There is a chart that states an actual range:

          Something like 100k-200k is well off, 200-500k is rich etc.

    • Not all of the rich and powerful are bonus-hungry company killers. Do you know how much Steve Jobs gave himself last year? A dollar. His bonus was a dollar. Greed is not always a bad thing. You get people like Neil who want to make something of themselves and they just do it. Neil wouldn’t work so hard and share his knowledge if he was stuck taking pictures at the DMV.

    • I’d give more credit to em.

  12. Wow you literally have no idea what you are talking about……….Did you even go to university to study Business?

    • Nathan J. Brauer :

      Who is this directed to?

    • Why don’t you elaborate?

    • “Patel Sir”
      Do you want to be general or more specific so others know what you are taking about?

      • Manisha Shahane :

        Curious to know why a “university degree in business” is perceived to be of use in addressing the as yet unspecified topic…

        • CanadaImmigration :

          It depends on your area, but mostly you should go for a position in Commercial Underwriting. That will get your foot in the door for other oppurtunities and you should make good money. Most major insurance companies have training programs, again depending on your area

          • Many paths you wish you to follow will seem like a pain and struggle, but those are the paths that are usually worth it.

          • It’s always great to start off in that type of direction because like you said, you’ll get your foot in the door.

        • It’s simply because you have a lot of versatility. You can create a business or manage any type of business by understanding the basics of running a business in general.

      • Be general in some areas while your specific in some. Just learn versatility… It just depends on your situation.

  13. Neil,

    The juice has always been worth the squeeze indeed!

    Attempting the same on a fortune 500 company or any large, top heavy, bureaucratic organization is like trying to squeeze juice from a rock.

    There is no doubt that small and agile is much more approachable and pleasant to work with than big and slow is!

    Not sure about the government giving some money to the people in the cartoon, but that people flock to Walmart in droves to consume crap they don’t need is something anyone would have difficulty arguing against. On the flip side of that, try to sell Walmart something as a supplier and it’s their way (and price) or the highway.

    So yeah Fortune 5,000,000 are definitely much cooler and more sustainable, not to mention more lucrative for most businesses to do business with.

    Another post right on the money!

  14. Yah, I’ve heard of this before, I’ll check it out.

  15. London IT Support :

    Most fortune 5,000,000 companies will also be a lot quicker to help you should you need it. I have always found there to be a greater sense on community present in smaller companies.

  16. Bang on, attitude determines altitude and the way I see it the smaller the company the more humble they are.

  17. Vic of BusinessAccent :

    I do agree with the ideas. Small companies can easiy be reached. Their owners are more active than big companies. Also, small businesses have not yet reach their peak, hence, the potentials are still present.

  18. I forwarded this today to someone who wants to go for the big fish. She’s feels exhausted going after “small money” Good things to consider. She may not know how exhausting a big company might be. Although I’ve worked in big corporate and it can depend on the internal group. Some are easier than others. I know I was easy on our vendors and not a lot of approvals. But they did have a hard time getting paid. People were slow with sign off – not for lack of funds but lack of time and priority. Thanks for the post.

    • Many people like to hunt for the big elephant and for some people it works, but before you can, you need to understand core skills.

  19. Manisha Shahane :

    Now this post relates very well to a world in which I operate — and it makes sense why so many companies have popped up to offer their services to independent artists (the equivalent of “mom & pop’s” and the Fortune 5,000,000 so to speak) … Someone I spoke with recently said that “the problem with being an independent artist is that everyone gets paid, except the independent artist…” Well, that’s not entirely true, but in the early stages, it is often the case and some people will say that it is pretty lame to profit by selling something that is a lottery ticket in disguise (i.e. companies who shop you around for a price instead of a percentage.)

    But then there are folks offering legitimate services that the independent artist needs. Of course, I’m not sure how profitable CD Baby is, but I don’t see founder Derek Sivers anywhere on the street. So that’s a good business. You won’t find the big names on the CD Baby roster, but that’s not the point anyway. CD Baby does not screen for talent or production quality – it just provides a service.

    And the independent artist can go after the labels (the “fortune 500”) or they can go after the school of tiny fish swimming around looking for music. And they can sell music to that entire school and then maybe some other tiny little fish will hear about it and buy into it, too. (and the profits travel “upstream” in that CD Baby gets a chunk of that too).

    As Neil said in this post: Find 100,000 customers to pay $10 a year…now that would take care of back-end costs paid to the people who are trying to make a buck off the independent artists, and then the independent artist would still have some left over. Not rich and famous, but you are doing what you love.

    Here’s a related article in the NY Times that I’d like to share here as it may interest some of you. It echoes Neil’s sentiment above:

    • Good job Manisha. Another good thing about hitting the fortune 5m is that we will all be helping each other directly, or indirectly. There is always answer to your problem, you just need to know where to look. I bet with the minds gathered here on Quicksprout, we could create some fantastic solutions for the world.

      • Right, you have a community of people who have probably had the same problem you had and probably have already found the solution to it.

    • CanadaImmigration :

      You are not a giant, multi-national corporation or a tiny one-person shop. You and 5,000,000 others like you own a business with 25 employees or less and are the heart and soul of today’s economy.

    • It’s a great way to build the momentum. Remember, one of the best ways to make it by creating a “Snowball Effect”

  20. Web developers :

    ALL small companies one day or other would eventually become a BIG company. So they should always keep their motto and organization distributed and simple so that they can have the best of both worlds,

    Developers and Programmers

    • That’s why it’s a great idea to build that relationship with them while they aren’t so big. That way when they are…cha-ching!

  21. mark harrison :

    A very interesting thread developing here Neil! Arguments, profanity, political comment…I’m coming back for more! Seriously, I really like the fact that your blog isn’t just shameless self promotion and as for the article itself, the idea that you can generate more profitable and long standing relationships from small to medium sized companies isn’t new but it’s something that a lot of us probably need reminding of from time to time when we are chasing the ‘big one’.

    • Yeah, it kind of went out of hand, but what can you do 😉 I like to make sure that my readers get VALUE each and every time they visit my site.

  22. Frederick Townes :

    As usual Neil, you’ve given me a new perspective on topic entreprenuers all come to terms with. Well done.

  23. I thought David from 37Signals’s talk on this back in April was pretty good, too. Is this where you got your idea from?

  24. How to make $100 a day :

    I think small companies are more versatile than large companies. They are able to adapt to change in market conditions quickly effectively. And they don’t have to answer to stockholders.

    • In most cases this is true, but a lot of small companies have investors. And if you don’t have investors you have customers.

      No matter what, you have to answer to someone.

      • sell textbooks :

        Your right about that one. No matter what you have someone to answer to. I have made it a habit to always do my best no matter who i am working for or what i am working on. Work hard Play Harder!

    • Right, that’s exactly why you should target them ASAP. Take advantage of this strategy before everyone else does 😉

    • That’s a good observation there. It’s true, they won’t have as much to play with. Which is why it’s both harder and easier…

      • Online College :

        It is always better to work for yourself so there is no one you need to answer to. But if you can’t it isn’t always such a bad option, if you find the right people to work with and whom share in the same goal and achievements they would like to attain.

        • It helps along with the process and put’s less resistance in your life. Hec, that’s the most important piece, isn’t it.

          • Online College :

            I guess it is the most important thing, to work with people you like and who share in the same goal. But there are times when you need to work with less “wanted” people in order to get something done, or achieve something you may not be able to by yourself. Certain circumstances call for measures that are not so pleasant!

  25. Neil, you hit the nail on the head with your assessment of Fortune 500 companies. Having worked a number of years for a top 100 Fortune 500 business, I can tell you that they do move at a snail’s pace. Hell, we had meetings to decide when we were going to schedule meetings. Entirely too many lines of management that does nothing but slow progress down. I’ll take a smaller, more effective company any day of the week.

    • lmao, Yah I know exactly what you mean. Glad you concur with my message. Shed some light on any advice you may have with your strategies of doing this.

    • How to make $100 a day :

      The multitude of meetings is a problem. Meeting to schedule meetings is often ineffective and a waste of time. Furthermore requiring everyone in a company/division to attend makes things worse.

      Seth Godin wrote a post with some ideas on how to deal with too many meetings:

  26. Online College :

    I am definitely a fan of the Fortune 5,000,000 rather than the 500. They are nicer, have much better customer service and are not as full of themselves. I have also noticed they they underbid and over deliver!

    • You simply have the opportunity to do and be more than what you would normally can with a bigger group.

      • A lot of times the bigger companies want to tell you what they think you want, and not what you are asking for. they always go for the up-sell even if there is no use for it. Fluff!

        • Well it’s up to you to be and stay alert at all times. Everyone out there is just looking to make a buck like you are 😉

  27. Prostate Problems :

    So I find this debate interesting. after reading the links there is nothing in there at all that mentions their support of stopping Fortune 500 firms from receiving small business contracts. In fact, I noticed that on the US Women’s Chamber website they have national members like the US Army and HQ, which is part of a multi-national conglomerate. Having those kinds of sponsors does not exactly speak to small businesses; in fact, it seems to help support Mr. Chapman’s case that they are not representing small businesses.

  28. Small companies move much faster than larger companies, problem is small companies move both ways, down and up. But big companies go steady but slow. If you target smaller companies, sooner or later the Fortune 500 will flock towards you, good idea. Thank you for taking time to write this informative article.

  29. itsoke @ chicken recipes :

    @ neil , have business relation with fortune 500 is about prestige, if we get business deal with them we can use our relationship with them as a leverage. We can publish the project in our blog to attract another clients easily , right ?

  30. How to make quick money :

    Hey Neil,

    I loved this post the difference between the Fortune 500 and 5000,000 is clearly visible from the above mentioned points. The big companies can surely tap all your potential and you will definitely feel like their bitch which you really don’t wanna do.

    I think this might had opened the eyes of the people who are striving for a deal with the big companies and underestimating the potential of the small ones.

    • The big companies can be that “big white elephant”, but unfortunately it doesn’t often enough for it to be worth it. You are definitely better off going after the several small companies. It’s great to see that you’re more consciously aware of this now.

  31. Also, it is better to not be dictated by one large network. If they were to someday get cocky and act greedy in terms of paying out to their publishers, what are you to do? By joining 9 smaller networks, you get the will power to have control of your revenue without making a loss if your pride gets in the way.

    • Ego does play a huge role with the bigger companies. Even though the ego is well deserved, it’s not really in your best benefit.

  32. I think that this is a great idea and more importantly, the best way to earn a lot of business. Too many people end up focusing on the “big elephants” and forget about all the little deals they could be getting.

  33. Small is big; for most of us, who understand the significance of having them just enough in numbers to achieve your goals.
    Neil, you are right.
    I especially appreciate the point wise comparison & differential value you brought to your readers with simplicity & in-depth analysis at a same time.

  34. Couldn’t agree more.. Just been working with a F500. They wrench you of blood at times.

    • The do, that’s why you can still make an effective impact with the 5,000,00 others out there. Focus on that as they can give you the momentum you need.

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  36. Centre d'Esthétique et de Beauté à Montréal :

    Can you share tips on how to reach the Fortune 500 business in one of your next editions?

    Not only publicity wise, but also public relations. It will greatly help me!

    • The point is to not focus on the fortune 500 and start focusing on everyone else. You’ll have better chances of making it and becoming successful.

  37. Centre d'Esthétique et de Beauté à Montréal :

    Can you share tips on how to reach the Fortune 500 business in one of your next editions?

    Not only publicity wise, but also public relations. It will greatly help me!

    Thanks a lot Neil!!

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  41. George Thistle :

    Smaller companies, I think are the way forward for investment. Big companies = big share prices and not much movement on investment. I prefer to take the risk and go for the smaller, riskier companies

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  44. This article is poorly researched crap. The idea may be good, but the composition is too much of a straw man argument.

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