Why Going Public Can Be the Smartest Growth Hack You Haven’t Considered
For most entrepreneurs, going public sounds like a Wall Street fantasy — reserved for billion-dollar tech companies or venture-backed startups on the cover of Forbes. But that mindset leaves behind one of the most powerful — and underused — growth strategies available to small and mid-sized businesses today.
The truth is, becoming a public company doesn’t require a Silicon Valley zip code or a unicorn valuation. In fact, for the right kind of founder — especially those looking to grow through acquisition — going public can be the ultimate growth hack.
In this article, we’ll break down:
- Why traditional thinking about going public is outdated
- What going public actually means (and what it doesn’t)
- How public structure creates leverage
- The real-world benefits most private entrepreneurs overlook
- Who this works for — and who it doesn’t
Let’s get into it.
Going Public: What Most Founders Get Wrong
When most founders hear “go public,” they immediately think:
- That’s for tech companies
- I’d need a massive VC round
- It costs millions
- It’s all about raising capital
- I’d lose control of my company
In reality, most of those assumptions are outdated or just plain wrong.
Going public doesn’t have to mean doing a traditional IPO. In fact, most of the companies we work with go public via direct listing or reverse merger — two proven methods that are faster, simpler, and more founder-friendly than an IPO.
You don’t need hundreds of millions in revenue or a celebrity VC. What you do need is a profitable (or scalable) business, a compelling growth story, and the willingness to operate with transparency.
And here’s the kicker: going public isn’t the finish line. It’s the starting point of a smarter way to scale.
What “Going Public” Really Means
Let’s demystify the term. Going public simply means your company’s shares are registered and tradable on a public exchange. That might be the NASDAQ or NYSE — but it could also be a more accessible junior exchange, such as the OTCQB or OTCQX.
You don’t need to raise capital through the public markets immediately (though you can). Many entrepreneurs go public first, then raise capital later — once they have the structure, valuation, and investor trust in place.
There are three common ways companies go public:
- Initial Public Offering (IPO): Rarely the best option for small companies
- Direct Listing: No capital raise, but enables trading
- Reverse Merger: Acquire a public shell and merge your business into it
Direct listings and reverse mergers are faster, less expensive, and far more accessible than most founders realize.
Why Public Structure Is a Growth Multiplier
Going public isn’t just about having your stock quoted on Yahoo Finance. It’s about the strategic advantages that public structure unlocks.
Here’s what changes once you’re public:
1. Access to Capital (On Better Terms)
Private founders often raise money by giving up big chunks of equity. As a public company, you gain access to multiple forms of capital — debt, equity, preferred shares, SPVs — and often with less dilution.
Investors are more comfortable writing checks when your company is transparent, audited, and publicly listed. Even your personal and professional network is more likely to invest when you can say: "We're a public company."
2. Acquisition Leverage
If you want to grow by acquiring other businesses, public structure is a major advantage. Business brokers prioritize you. Sellers trust you more. Deal structures become more flexible. And valuation arbitrage becomes real.
Example: You acquire a business at 4x EBITDA and your public company trades at 15x. You’ve instantly increased the value of that earnings stream — without changing the business.
3. Valuation Growth
Public companies often trade at much higher earnings multiples than private ones — especially in sectors like services, software, healthcare, and even traditional industries like home services.
Going public can unlock 2x–5x valuation uplift — not through hype, but through structure.
4. Credibility and Transparency
Being public means you have audited financials, regular disclosures, and governance in place. That transparency builds trust — with investors, lenders, partners, and acquisition targets.
Suddenly, people return your calls. Brokers bring you better deals. Banks offer better terms. People take you seriously.
5. Optionality
Going public isn’t about selling. It’s about having more paths available. You can:
- Keep growing
- Sell part of the business
- Step back and let someone else run it
- Borrow against your equity instead of selling it
Going public gives you leverage — and leverage gives you options.
Who This Works For
This isn’t a fit for everyone. But it’s a game-changer for the right kind of founder.
You’re a good candidate if:
- You already run a profitable or high-margin business
- You want to grow faster — often through acquisitions
- You have access to capital (even from your network)
- You want to retain control, not give it up to outside investors
- You’re willing to operate transparently and build something serious
We’ve helped founders in a wide range of industries. Most of them never considered going public — until they saw how accessible (and powerful) it could be.
Who This Is Not For
Let’s be clear: this strategy isn’t a magic bullet.
It’s not for you if:
- You have no path to profitability
- You aren’t comfortable with financial reporting
- You want to build a lifestyle business, not a high-growth platform
- You’re unwilling to be transparent and play by public market rules
Going public creates leverage — but it also requires structure, discipline, and real execution. If you’re serious, it can be the most powerful business decision you make.
Final Thought: This Is the Growth Hack Most Founders Miss
Most founders never think about going public. And that’s exactly why it works.
It’s not crowded. It’s not noisy. It’s not VC-driven.
It’s a smart, underutilized path to scale — one that gives you more credibility, better access to capital, and a faster way to build long-term equity value.
If you’ve been thinking small… maybe it’s time to think public.
Ready to explore whether this strategy is right for you?