The Financial Forest

Field Notes

Each edition follows one finding carefully — what the data shows, what it means by archetype, and where the questions are taking the work next. Subscribers receive every issue first; the archive opens after.

The archive

01 May 2026

What the Diversification Data Actually Shows

The four revenue groups — ranked most to least diversified — landed at 13.8%, 16.8%, 15.4%, and 14.2%, in no consistent order. The most diversified archetype in the dataset carries a financial stress rate above the average. Across 1,248 organizations, there is essentially no relationship between revenue diversification and growth.
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Field Notes

What the Diversification Data Actually Shows