The year 2023 will mark the centennial of the Turkish Republic. The government has set an ambitious economic goal for this date: for Turkey to become the 10th largest global economy. However, this is easier said than done. In this article, the challenges that Turkey may face in achieving this target are discussed and a perspective on the private sector’s contribution to this process is presented. The author argues that Turkey can only achieve its goals for 2023 and beyond if it emerges as a stable and mature democracy that provides the necessary background for a successful economy and a thriving business community.