Business Services Industry
Heat wave: which new businesses are on the fast track to success? The companies in entrepreneur and D&B's 10th Annual Hot 100 listing are blazing their way to the top
Entrepreneur, June, 2004
Furnished extended-stay housing
Thomas G. Atchison
Began: May 1999 w/o employees; now 23 employees
Initial investment: $50K from savings/personal funds
2003 sales: $11.7M
Success secret: Surround yourself with great people, provide them with proper direction, and help them serve your customers well.
49. Panther Technologies Inc.
MEDFORD, NJ
Environmental remediation
Peter J. Palko, John M. Twomey, Robert Foley
Began: February 2000 w/5 employees; now 41 employee
Initial investment: $80K from savings/personal funds
2003 sales: $9.3M
Success secret: Control overhead, maximize project profitability through effective project management, and keep clients happy every step of the way.
50. What Kids Want! Inc.
NORTHRIDGE, CA
Toy marketing agency
Jordan Kort, Steven Kort
Began: August 1999 w/o employees; now 13 employees
Initial investment: 5400k from savings/personal funds
2003 sales: $10.4M
Success secret: Success begins and ends with property servicing our customers. Our entire team emphasizes meeting or exceeding our customers' expectations.
51. RE/MAX Legends
ALTA LOMA, CA
RE/MAX real estate franchisee
Jodi Lee
Began: February 2001 w/3 employees; now 150 employees
Initial investment: $250K from friends/family, bank loan, private investors, savings/personal funds
2003 sales: $6.8M
Success secret: Focus first and foremost on ethics, and create the sort of environment where people can work and be successful.
52. Talisman International LLC
WASHINGTON, DC
Litigation assistance & computer network security consulting
Michael J. Hutsell, Arthur J. Wacaster, Hugh L. Thompson Jr. John A. Olshinski, O. Niel Skousen, Thomas H. Heitman
Began: April 2002 W/12 employees; now 35 employees
Initial investment: $79K from friends/family, savings/personal funds
2003 sales: $4.1M
Success secrets: Be a colleague, not a vendor; add more value than what our clients expect; make sure that services we provide truly meet the clients' needs.
53. Gain Inc.
RICHMOND, VA
Marketing agency
Peter A. Trost III
Began: July 2001 w/5 employees; now 20 employees
Initial investment: $1M from line of credit
2003 sales: $5.8M
Success secret: Show a serving spirit to our clients, treat our vendors like clients, and be a "home" to our employees.
54. Virtual-Agent Services
SCHAUMBURG, IL
Inbound contact-center service provider
Robert J. Camastro
Began: April 1999 w/35 employees; now 570 employees
Initial investment: $500k from private investors
2003 sales: $9.95M
Success secret: Good things only come to a company through the efforts of its employees. Building a motivated employee team will ensure success in all endeavors.
55. Frontier Steel Company Inc.
CANONSBURG, PA
Steel distribution & processing
John Matig, John Godwin, Mike Hancock
Began: May 1999 w/1 employee; now 17 employees
Initial investment: $120K from savings/personal funds
2003 sales: $10.5M
Success secret: Give people a long leash, let them be creative, and make sure they know they're appreciated.
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