Famous Entrepreneurs

Poor sales. Layoffs. Bankruptcies galore. Read most mainstream media today and you’d think business was all but dead. With its June issue, Entrepreneur proves that’s anything but the case with 10 industries practically on fire with opportunity and 100 companies within them brilliantly positioned to reap the $5 trillion in rewards. Recession or not, entrepreneurs across the U.S. are barreling forward with their success.

Take Mike McDerment and Joe Sawada, cofounders of FreshBooks, a 100% online business that offers a subscription invoicing and time-tracking service to freelancers and independent service providers. Created in 2004 out of their personal need for an effective billing system, FreshBooks now serves more than 800,000 people and has more than doubled the size of its staff in the past year. FreshBooks is one of 10 companies listed as ones to watch within the $400 billion outsourcing industry.

In video games, Maryland’s Bethesda Softworks is another company to keep an eye on. Softworks creates massive virtual environments for games like Fallout 3, which brought in $300 million in sales for the company with 4.7 million copies. Whether it’s mobile technology, alternative energy, serving the boomer market or offering the latest outsourcing solution, all 100 companies pay tribute to the fact that determined entrepreneurs remain the backbone of the economy.

“Even amid the toughest economic challenges, entrepreneurs have prevailed with their unstoppable determination, brilliance and timing,” says Amy Cosper, VP/Editor in Chief of Entrepreneur. “Our 100 companies to watch is a goldmine for readers looking for areas ripe with opportunity. Whether they want to find a growing industry, ideas for branching out from existing products or services, or inspiration to keep moving forward, the 100 companies to watch is a great place to start.”

To check out 10 hot industry categories for business and the 100 companies to watch within them, pick up the June issue of Entrepreneur on newsstands now or visit www.entrepreneur.com.

About Entrepreneur Media Inc.

Entrepreneur Media Inc. is the premier content provider for and about entrepreneurs. Our products engage and inspire every day with the advice, solutions and resources that fuel the bold and independent way entrepreneurs think.

After 32 years, nobody reaches more growing businesses. As the original magazine for the small and midsize business community, Entrepreneur continues to be the definitive guide to all the diverse challenges of business ownership. Entrepreneur.com is the most widely used website by entrepreneurs and emerging businesses worldwide. Entrepreneur Press publishes the books that turn entrepreneurial skills into business success. Famous Entrepreneurs thanks; To learn more, visit www.entrepreneur.com.

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