The Inc. 5000 was recently released – a ranking of 5,000 American companies based on a number of points, including how fast they are growing.
Within this ranking they Inc. has listed The 10 Fastest-Growing Companies in America This Year.
Why should this list matter to you?
Maybe you’re not an entrepreneur… or a CEO… or you don’t work at any of these companies… or you don’t even work in these industries! It’s still important to look at this list and seek understanding. Because when you look at the companies that are making big strides quickly, it reveals a lot about the general professional landscape.
What industries are trending upward?
What kinds of jobs are opening up that didn’t even exist a couple years ago?
What do some of these success stories have in common, and how does that impact you?
These are the questions you should be asking as you dig into the list.
What’s interesting to me is the variety of topics, industries and jobs covered on this year’s list. There are food-oriented companies, HR companies, luxury service companies – all kinds. Here’s a quick look at the top 5, with details from Inc.’s writeup:
5. Depcom Power – Founded in 2013, the Scottsdale, Arizona-based business partners with utilities, independent power producers, and construction companies to promote solar energy projects. Led by founder Jim Lamon, Depcom provides engineering assistance, as well as operations, procurement, and construction services for a turnkey experience. In 2017, it increased its team to more than 100 employees, up from 27 in 2014.
4. Velocity Global – Founder and CEO Ben Wright aims to help businesses expand overseas with his Denver-based professional employer organization. The company provides payroll, immigration, consulting, and human resources services for workers, allowing its clients to operate globally without the fuss. The four-year-old startup grew its team from one to 55 people in three years, and currently offers support in 187 countries.
3. Home Chef – Pat Vihtelic started his meal-kit delivery service in 2013. The Chicago-based startup partners with professional chefs to create quick and easy-to-follow recipes–like sesame chicken salad–and delivers all required ingredients in pre-portioned packets directly to your door. Kroger acquired the company for $200 million in May and it will start selling standalone meal kits in selected stores.
2. PopSockets – David Barnett, a former philosopher professor, came up with the idea for this collapsible phone grip in 2010 to keep his headphones untangled. After a hit Kickstarter campaign in 2012–and several product iterations–the Boulder, Colorado-based business started selling its now ubiquitous smartphone accessory in 2014. Since then, the company has hired more than 100 employees and sold over 40 million units worldwide.
1. SwanLeap – After debuting on the Inc. 5000 last year at No. 55, this shipping software company takes the crown in 2018. Founded in 2013, the Madison, Wisconsin-based company provides freight audits and uses blockchain technology to improve inventory management. CEO Brad Hollister has grown his team more than tenfold in the past three years, from four to 49 employees in 2017.
So, what did YOU learn from this year’s list?