Iris Networks

Telecommunications/access provider

"Having the right personnel in key positions"

"Setting goals and achieving them"

"Treat customers and associates the way you want to be treated."

"Changes in management created excitement and momentum. We focused on leveraging that momentum."

Success Secret | What Is Success? |
Best Advice | Tipping Point

Friends & family	Venture capital
Bank loan	Private investors
Line of credit	Credit cards
Savings/personal funds

Other Sources
Owner equity

Health insurance	Flextime
Life insurance	Company car
Telecommuting	401(K)
Tuition reimbursement	Stock options

Other Benefits:
Pension plan

Rank Sales 2006 Industry Region

Company Details

Location: Nashville, TN
Founders: Terry Wales, 56, Levoy Knowles, 53, Greg Anderson, 58, Leslie Greer, 45, William Franklin, 50, Wayne Gassaway, Trevor Bonnstetter, Fred Terry, 48

Website: www.iristransport.com

Year Started: November 1998

Initial Investment: $10M

Turned a Profit: 2004

First Million: 2003

2002 Sales: $664K

2006 Sales: $9.4M

Number of Employees:

Day 1: 2

2006: 17

2007: 18*

* Projected by 2008

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