Once again, EO Nashville members had a solid showing on the Inc. 500|5000 list of the fastest-growing private companies in America. This year, 20 EO Nashville member companies were included on the list. That represents 40% of Middle Tennessee companies on the list, and 23% of all Tennessee-based companies on the list. Not bad, when you consider that EO companies represent just 0.7% of the 15,000 businesses in Nashville.
EO Nashville members who made the 2012 Inc. 500|5000 list are:
- #416, Bill Kimberlin, Medicare.com
- #485, John Kepley, Teknetex
- #797, Peter Hermann, Belmont Software Services
- #1003, Adam James, Wyndham Group
- #1133, Martin Reed, RANDA Solutions
- #1165, Michael Hodges, Advance Financial
- #1498, Brian Prentice, Ingenuity Associates
- #1614, Kevin Ross, Metova
- #1665, Elliot Holt, Medi-Copy Services
- #2577, Ben Mankin, Mankin Media Systems
- #2884, James Fields, Concept Technology
- #3281, Nicholas Holland CentreSource
- #3679, Tom Turner, DSi
- #3706, Max Sadler and Sonny Clark, Advanced Network Solutions
- #3924, Justin Crosslin, Crosslin & Associates
- #4160, Jerry Bostelman, Vaco
- #4445, Darren Metz, NovaCopy
- #4718, Steve Curnutte Allen Printing
- #4956, Jeremy Werthan, Werthan
- #5000, Hannah Paramore, Paramore | The Digital Agency
These 20 companies employee 1,326 individuals; grew at an average rate of 199% from 2008 to 2011; and have combined 2011 revenues of $287 million. Furthermore, of the three Tennessee companies that made the Inc. 500, two were EO member companies: Medicare.com and Teknetex.
According to the magazine, companies are chosen for the list by comparing revenue growth from 2008 to 2011. Companies must be U.S.-based, privately held, independent, for-profit and not a subsidiary or division of another company. Revenues in 2008 must have been at least $100,000 and at least $2 million for 2011.
The full list can be accessed at inc.com/inc5000.
It’s time for another “In the News” recap:
On August 20, Forbes ran a story about InQuicker [Michael Brody-Waite] and its lack of venture capital fundraising. The article “Health Tech Start-Up InQuicker Shuns Venture Money and Hype” talks about the company’s growth sans VC money.
A Sunday Tennessean article talked about Emma’s [Clint Smith] new digs in the Trolley Barns and new initiatives as a company.
Paramore | the digital agency [Hannah Paramore] is opening an outpost in West Virginia, a fact covered by the Nashville Business Journal on Tuesday.
If you haven’t had a chance to read David Waddell’s [Waddell & Associates] column in the Memphis Daily News, take a few minutes to do so. His August 15 column, “Economic Outcomes Remain Up in Air,” discusses how the economy remains uncertain, and in his August 23 column, “Facts, Feelings Go Hand in Hand,” David gives us all an investment lesson.
Andy Bailey’s [Petra Coach] weekly column for the Tennessean stresses the importance of daily meetings.
On Thursday, August 23, Variety profiled Scott Scovill and the path he took to start Moo Creative and Moo TV.
Friday’s Nashville Business Journal included a story about Nashville-based mergers and acquisitions, using Greg Greenwell’s [TotalPrint] recent purchase of Brooks Technology Management as an example of the trend.
And lastly, the Nashville Business Journal recently announced it’s 2012 Small Business Awards. EO Nashville companies to make the list included:
It has been an award heavy week for EO Nashville members (not that we’re complaining)!
On Wednesday, Inc. magazine announced its newest list of America’s 500 fastest-growing private companies. Of the three Nashville companies that made the list, two were members of EO Nashville: Teknetex [John Kepley] and Medicare.com [Bill Kimberlin].
Also this week, the Nashville Chamber announced its finalists for the company and individual NEXT awards. EO Nashville members and member companies that were honored included:
Ben Goldberg’s The Catbird Seat also landed on Bon Appetit’s Hot 10 List of America’s Best New Restaurants this week. The Catbird Seat ranked fifth on the powerhouse list.
And lastly, Inquicker received national press attention, appearing in an Entrepreneur magazine piece on the “7 Deadly Sins of Business Meetings.” In the article, Michael Brody-Waite talks about how his company did away with unproductive meetings.
In last week’s Nashville Business Journal, Mike Hodges [Advance Financial] was interviewed for a story about payday lending and how traditional players are disappearing as other competitors — from banks to convenience stores and beyond — jump into the fray. Mike says he is ready for the changing competitive field.
On Friday, Aug. 3, Susan Marlow [Smart Data Strategies] was included in a Tennessean article about the increased demand for foreign tech workers. Susan, who has faced difficulty finding qualified American computer programmers, hired her first international employee a year ago.
Also last week, Mark Deutschmann’s company, Village Real Estate, was recognized as the winner of an Inman News 2012 Innovator Award. Village Real Estate is the first company from Tennessee to receive this award. You can learn more about the award here.
In other award news, Bob Levy’s Paradigm Group was recognized by Outside magazine as one of the 30 Best Places to Work. Outside ranked Paradigm 21st, highlighting the company’s Music Row office, flexible schedule and annual trip to help with a local community project.
EO Nashville members Hannah Paramore [Paramore | the digital agency], Dan Hogan [Medalogix], John Kepley [teknetex inc] and Bryan Ansley [FNB Merchants] were all nominated for the Nashville Business Journal’s 2012 Most Admired CEOs and Their Companies Awards. One of the 20 total nominees will also secure a lifetime achievement nod. That lucky individual will be announced in the 12/7/12 issue of the Business Journal.
Lastly, in Andy Bailey’s [Petra] regular column for the Tennessean, he discussed the important role respect plays in growing a business. You can read the column here.
Here’s the weekly roundup:
In last Sunday’s Tennessean Business Q&A, reporter Bill Lewis interviewed James Fields [Concept Technology, Inc.] on his company’s growth, philosophy and upcoming technology trends.
On Tuesday, Dan Hogan [Medalogix] was featured in a Tennessean health care story about what local tech companies are doing to help cut health costs. The article talked about how Medalogix and Brentwood-based NaviHealth are among companies helping hospitals and other providers take care of patients at the right time with the right care in the right setting.
EO member company DSi [Tom Turner] was included in a Nashville Business Journal article on health care litigation and federal fraud inquires. Tom’s employees Jeff Stoneking and Austin Maddox were interviewed for the story.
And finally, the Nashville Business Journal announced its list of the 25 Fastest Growing Private Companies of the region. EO Nashville member company Vaco [Jerry Bostelman] made the cut. You can see the whole list here.
Great news! EO Global recently honored Nashville with its annual Rock Star recognition for the 2011-2012 year, again placing Nashville within the top tier of the global organization. This is the forth time since 2008 that Nashville has been named a Rock Star chapter.
Nashville was one of 38 out of 121 chapters globally to win Rock Star. To earn Rock Star distinction an EO chapter has to complete 27 benchmarks in areas of chapter health, including growth, renewals, learning, communications, forum and finance. The Rock Star program was developed to provide EO chapters with an organized way to measure success within the organization. The benchmarks are a set of common metrics that the most successful chapters consistently hit when growing vibrant, valuable organizations.
Being a Rock Star means you’re among the best of the best — it’s Global EO’s way of recognizing our hard work and accomplishments among our peers. Every EO Nashville member shares a part if that success, but we certainly couldn’t have done it without the EO Nashville board and Past President Debbie Gordon.
Congratulations to everyone for making this happen.