Why all companies will fail by 2040?

TLDR:

The average lifespan of a company that was on the S&P 500 in the 1950s was 60 years. The average lifespan in 2024? under 15 years! [1]

What’s more, only 12% of the companies that were on the S&P 500 in 1955 are still on the list today. In fact, fewer than 10% of today’s companies will exist by 2040. Seem like our parachute will open 10% of the time, and we shouldn’t call ourselves crazy if we want to work in a “company” . 

Our story:

We always have been passionate on creative work, education and upskilling. However, working in tech companies slowly killed this passion, day by day. Seems like they don’t want us to grow past our limitations and produce higher quality work that we love—specially if it does not serve some else’s agenda in the company. This was painful because we want to wake up excited about today’s task, knowing that it’s the best decision that we can make financially and personally with our limited time on earth.

We all know that companies today are extremely inefficient and their average lifespan has reduced from 65 years to 15 years [2] (in just 80 years) and now to just 8 year in the past few years. Our prediction study shows most of them will fail by 2030. Shockingly, these number are for S&P top 500 (e.g., Google, Meta,…). What’s worse is that the 8 years is just an “averages“, meaning many companies will die even sooner—this doesn’t even account for small and medium-sized companies, which employ far more people and their lifespan is much shorter.

Happens every time that we think that this ship wont drown, we build our careers on these. Waste our health and time that could have been spent on relationship, friendships, or more meaningful work. But we feel betrayed with a tremendous pain when all our efforts did not provide long-term benefits to us. What makes it worst is the wasted time with incessant meetings, email, somebody else’s inefficient agendas that don’t benefit employees long-term goals. We built our whole platform with this pain in our throat, knowing that to there must be a better way to eliminate inefficiencies and maximizes the value of individuals in every nation to create wealth for themselves and others. This created wealth will benefit our nation by large and in the long-term we don’t have to worry or go through the painful hiring process (we earn more, pay more taxes, hire others to reduce unemployment). We designed GRGPT with the individual in mind, making it a priority to serve your specific needs.

Our approach ensures that people have more freedom in choosing work that creates value for others. This productivity boost results in higher-quality products, content, and advertisements. When you generate more revenue, you can scale and reinvest it to hire and support others that you feel happy to with (reduce our nations unemployment rate in a much better way given that our methods are designed based on what market wants—not your bosses random guess). We work to simplify complex processes into practical, manageable steps. Our goal is to make those steps easy to follow, allowing users to get more done with less effort. We open our arms and welcome you to this big step. Knowing that years later you made the right choice.

[1] “The Blueprint: A Beginner’s Guide to BaaS.” 2024. Slalom Build. Accessed September 10. https://www.slalombuild.com/thinking/beginners-guide-to-baas.

[2] Published by D. Clark, and Aug 12. 2024. “Average Company Lifespan 2020.” Statista. August 12. https://www.statista.com/statistics/1259275/average-company-lifespan/.