This year, we were selected to be a member of Inc 5000! Kevin will explain what the Inc 5000 is and what you must do to qualify.
Kevin Daisey (00:01):
We made Inc 5,000. What’s up everybody? Kevin Daisey here and we are excited to share that we have made Inc 5,000 this year. So if you follow this podcast back in, I think I recorded in January, but January of this year, 2022, actually episode 1033 of the Journey to $100 Million podcast. I talked about how I was submitting us for Inc 5,000. I explained what in 5,000 is and in detail what you have to do to accomplish it. At that time, I was in the process of submitting us for in 5,000, and I was kind of talking about on that episode what’s involved and how much growth you have to have and whatever. So actually took quite a long time. We had to get our, our taxes back from our, our CPAs. And of course with covid, things were kind of delayed. And so I think the application was due in May and it was really getting close.
And so I had to get a letter signed by my CPAs approving our revenue and I had to fill out tons of paperwork and submit three years of, of taxes and all kinds of stuff. So it’s quite the process to get submitted for Inc 5,000. I think if we have to do it again, which we will it’ll be a lot easier for me. But, so I’d gather a lot of stuff, submit all these things, get a, a CPA sign off on our current revenue, and then I had to wait. And so just recently we’re informed that we made the list in 5,000. We’re in the 3000 range. I don’t know the exact number off the top of my head. I don’t really care about that so much, but we had a considerable percentage in growth over three years. I think it was around 148% I wanna say.
So now we know where we stand, we know where we want to go, and we know what kind of percent increase we need over the next, you know, 10 years to get to a hundred million. So awesome to gain Inc 5,000. It really means a lot more than most of the things that we’ve gotten. It, it has to be is financial. It’s, it’s matter of fact. And it shows that we’re actually growing. The challenge is gonna be to do it again and again and again. If you see companies with lots of Inc 5000 that says something about them, that means they’ve grown by a huge percentage year over year. And that’s a very hard thing to do as you get bigger because the numbers get bigger. So, you know, I think we are at somewhere north of 300 $3 million with, you know, the last year with Rival and Array. So we got a ways to go, but if we were to grow at that same rate, you can kind of see how the numbers would get so much bigger. So
Kevin Daisey (02:58):
That’s the goal, a hundred million. So we hope to be getting a lot more Inc 5,000 in the future, but very excited to share that we got it. All my listeners out there, if you’ve made Inc 5,000, are are looking to or have, you know, have questions about it, reach out to me. Again, I went through the whole process and, and submitted all that stuff, so not an easy one to get. I believe you have to have, you know, I think it’s 2 million in revenue the year that you’re submitting or more. So you have to kind of get to that threshold first. But any questions about it, please reach out Inc 5,000. Heck yeah, we’re excited.