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Top 50 Fastest-Growing Women-Led Companies

These women-led businesses are speeding their way to the top.

By
Opinions expressed by Entrepreneur contributors are their own.

From Entrepreneur Magazine's Leading Ladies.

1. Spartan Constructors LLC

Industrial construction, Sugar Hill, GA

spartanconstructors.com

Heidi Smith Price

Began: 2002

Initial Investment: $350,000

2003 sales: $100,000

2007 sales: $136 million

 

2. Pinnacle Technical Resources Inc.

IT staffing, Dallas

pinnacle1.com

Nina G. Vaca

Began: 1996

Initial Investment: $300

2003 sales: $9 million

2007 sales: $141 million

 

3. Temporary Housing Directory Inc.

Temporary housing & hotel placements, Castle Rock, CO

temporaryhousingdirectory.com

Teresa Vidger

Began: 2001

Initial Investment: $100,000

2003 sales: $281,000

2007 sales: $20 million

4. EnterForce Inc.

Managed services provider, Waukesha, WI

enterforce.com

Marie L. O'Brien, Filippa C. Weber

Began: 2001

Initial Investment: $26,000

2003 sales: $1.9 million

2007 sales: $50.3 million

 

5. Strategic Staffing Solutions Inc.

Staffing solutions, Indianapolis

strategicstaffonline.com

Debra J. Maynard

Began: 2002

Initial Investment: $60,000

2003 sales: $1.3 million

2007 sales: $39.4 million

 

6. Polaris Direct

Mailing services, Hooksett, NH

polarisdirect.net

Judith Maloy, Suzanne Lampognana

Began: 2003

Initial Investment: $2.4 million

2003 sales: $2.1 million

2007 sales: $43.9 million

 

7. Artech Information Systems LLC

IT staffing, Cedar Knolls, NJ

artechinfo.com

Ranjini Poddar

Began: 1992

Initial Investment: $200,000

2003 sales: $16.5 million

2007 sales: $128.2 million

 

8. Global Resource Management Inc.

IT & supply chain management services, Suwanee, GA

grmi.net


Naheed Syed

Began: 1993

Initial Investment: $100,000

2003 sales: $2.2 million

2007 sales: $39.9 million

 

9. United Scrap Metal Inc.

Metal recycling, Cicero, IL

unitedscrap.com


Marsha Serlin

Began: 1978

Initial Investment: $200

2003 sales: $33.9 million

2007 sales: $172.8 million

 

10. Morpheus Media

Interactive advertising & marketing agency, New York City

morpheusmedia.com

Shenan Reed

Began: 2001

Initial Investment: $0

2003 sales: $2 million

2007 sales: $35 million

 

11. Pinnacle Petroleum Inc.

Petroleum products, Huntington Beach, CA

pinnaclepetroleum.com

Liz McKinley

Began: 1995

Initial Investment: $100,000

2003 sales: $19.3 million

2007 sales: $120 million

 

12. Sun Coast Resources Inc.

Petroleum products, Houston

suncoastresources.com

Kathy Lehne

Began: 1985

Initial Investment: $2,000

2003 sales: $554 million

2007 sales: $1.1 billion

 

13. Salo LLC

Senior-level finance & accounting staffing, Minneapolis

salollc.com

Amy L. Langer

Began: 2002

Initial Investment: $150,000

2003 sales: $3.4 million

2007 sales: $42 million

 

14. Search Wizards Inc.

Consulting firm, Atlanta

searchwizards.net

Leslie O'Connor

Began: 2000

Initial Investment: $0

2003 sales: $359,600

2007 sales: $12.2 million

 

15. TransPerfect

Translation services, New York City

transperfect.com

Elizabeth Elting, Shirley Shawe

Began: 1992

Initial Investment: $5,000

2003 sales: $37 million

2007 sales: $156.5 million

 

16. MediConnect Global Inc.

Medical record retrieval & digitization, South Jordan, UT

mediconnect.net

Amy Rees Anderson

Began: 1996

Initial Investment: Undisclosed

2003 sales: $2.8 million

2007 sales: $35.6 million

 

17. The Saxon Group Inc.

Industrial construction, Sugar Hill, GA

thesaxongroupinc.com

Jeni Bogdan

Began: 1995

Initial Investment: $100,000

2003 sales: $13.4 million

2007 sales: $81.8 million

 

18. Aecometric Corp.

Industrial combustion equipment, Richmond Hill, Ontario

aecometric.com

Jill Anderson

Began: 1978

Initial Investment: $50,000

2003 sales: $1.5 million

2007 sales: $23 million

 

19. Kilop USA Inc.

Raw materials sourcing & distribution, High Point, NC

Christine Yumei Chen

Began: 1988

Initial Investment: $44,500

2003 sales: $3 million

2007 sales: $28.8 million

 

20. KellyMitchell Group Inc.

IT consulting, St. Louis

kellymitchell.com

Cassandra Sanford

Began: 1998

Initial Investment: $10,000

2003 sales: $4.6 million

2007 sales: $33.6 million

 

21. Communispace Corp.

Online community creation & management, Watertown, MA

communispace.com

Diane Hessan

Began: 1999

Initial Investment: $100,000

2003 sales: $2.4 million

2007 sales: $23.6 million

 

22. Advantage Performance Network

Travel & perfomance improvement solutions, Savage, MN

advantageperformancenetwork.com

Mary Sue Leathers

Began: 1995

Initial Investment: $40,000

2003 sales: $23.3 million

2007 sales: $85 million

 

23. RCC Associates

General contracting, Deerfield Beach, FL

rccassociates.com

Beverly Raphael

Began: 1971

Initial Investment: $5,000

2003 sales: $34.8 million

2007 sales: $105.1 million

 

24. Continental Cabinets Inc.

Cabinets, Dallas, TX

ccabinc.com


Beverly Taylor

Began: 1988

Initial Investment: Undisclosed

2003 sales: $48.9 million

2007 sales: $130.8 million

 

25. NCompass International Inc.

Marketing agency, West Hollywood, CA

ncompassonline.com

Donna Graves, Kae Erickson

Began: 2003

Initial Investment: $1.5 million

2003 sales: $360,000

2007 sales: $7.3 million

 

26. Camp Bow Wow

Dog day camps & boarding services franchisor, Boulder, CO

campbowwow.com


Heidi Flammang

Began: 2000

Initial Investment: $85,000

2003 sales: $100,000

2007 sales: $3.8 million

 

27. Casco Contractors Inc.

General contracting, Irvine, CA

cascocontractors.com

Cheryl Osborn

Began: 2000

Initial Investment: $20,000

2003 sales: $3 million

2007 sales: $22.9 million

 

28. Saicon Consultants Inc.

IT consulting, Overland Park, KS

saiconinc.com

Swati K. Yelmar

Began: 1998

Initial Investment: $6,000

2003 sales: $1.8 million

2007 sales: $16.5 million

 

29. Outcomes Health Information Solutions LLC

Health-care data retreival, auditing & reporting, Charlottesville, VA

outcomesinc.com

Wanda Kochhar

Began: 1996

Initial Investment: $60,000

2003 sales: $3.5 million

2007 sales: $24.5 million

 

30. MurTech Consulting

IT services, Independence, OH

murtechconsulting.com

Ailish M. Murphy

Began: 2000

Initial Investment: $100,000

2003 sales: $685,700

2007 sales: $10 million

 

31. Stratix Corp.

Mobility solutions, Norcross, GA

stratixcorp.com

Bonney Shuman

Began: 1983

Initial Investment: $750

2003 sales: $38.2 million

2007 sales: $106.3 million

 

32. Application Development Resources Inc.

IT services, Alpharetta, GA

appdevinc.com

Daksha Choksey

Began: 2001

Initial Investment: $5,000

2003 sales: $697,000

2007 sales: $9.7 million

 

33. Ricochet Fuel Distributors Inc.

Fuel distributor, Euless, TX

ricochetfuel.com

Kelly Brett-Roberts

Began: 1988

Initial Investment: $20,000

2003 sales: $7.4 million

2007 sales: $36.2 million

 

34. Logical Choice Technologies Inc.

Education technology integration, Duluth, GA

logicalchoice.com

Cynthia B. Kaye

Began: 1994

Initial Investment: $0

2003 sales: $19.1 million

2007 sales: $65.4 million

 

35. SaltWorks Inc.

Sea salt, Woodinville, WA

seasalt.com

Naomi Novotny

Began: 2001

Initial Investment: $1,500

2003 sales: $264,000

2007 sales: $5.7 million

 

36. Icon Information Consultants LP

IT staffing, Houston

iconconsultants.com


Pamela O'Rourke

Began: 1998

Initial Investment: $250,000

2003 sales: $23 million

2007 sales: $72 million

 

37. SwervePoint

Promotional products & services, Danvers, MA

swervepoint.com

Juli Sinnett

Began: 2003 Initial Investment: $125,000

2003 sales: $1.9 million

2007 sales: $15.5 million

 

Words from The Wise
We couldn't pass up the opportunity to dig a little deeper and uncover their secrets to success.



"Sixteen years ago, we were cold calling and struggling to land our first client, The Port Authority of New York. New Jersey called us by mistake, attempting to contact a company whose name was similar to [ours]. We kept them on the phone and discussed their IT infrastructure and project needs at length. Needless to say, they became our first client. We still laugh at this."

Ranjini Poddar, owner of Artech Information Systems LLC, No. 7

Cedar Knolls, New Jersey




"The biggest mistake we ever made was undervaluing ourselves. When we started, we were young and hungry, and we didn't give ourselves credit for the amount of value we brought to our clients and strategies. So the lesson learned is: Don't undervalue yourself and your expertise, and don't let your size dictate your value."

Shenan Reed, owner of Morpheus Media, No. 10

New York City




"It is important to take an inventory of your strengths and what you like to do. Focus on those things and get help for the others as soon as you can."

Amy L. Langer, owner of Salo LLC, No. 13

Minneapolis




"Be a great juggler. As a woman in business, you will always have lots of balls in the air, including the activities of running your business and being strategic in your decisions to grow your business. In many cases, [you also have] the role of being a wife, a mother, a daughter and a sister. The same traits that make us great in all of these roles are the ones that you will rely on to excel in business."

Leslie O'Connor, owner of Search Wizards Inc., No. 14

Atlanta




"Build an atmosphere of trust and respect. You must always respect the [employees and clients] you work with. Believe in your people. Make your word count. In addition, never lose focus on your next challenge."

Jeni Bogdan, owner of The Saxon Group Inc., No. 17

Sugar Hill, Georgia
38. Strategic Staffing Solutions

IT consulting, Detroit

strategicstaff.com

Cynthia Pasky

Began: 1990

Initial Investment: $60,000

2003 sales: $67 million

2007 sales: $148 million

 

39. Butler/Till Media Services Inc.

Media research services, Rochester, NY

butlertill.com

Susan R. Butler, Tracy E. Till

Began: 1998

Initial Investment: $10,000

2003 sales: $7.1 million

2007 sales: $32.3 million

 

40. IBT Holdings LLC

Design, building & consulting services, Norcross, GA

ibtenterprises.com

Mylle Mangum

Began: 1985

Initial Investment: Undisclosed

2003 sales: $15.8 million

2007 sales: $53.2 million

 

41. Carolina IT Professionals Inc.

IT staffing, Mount Holly, NC

citpinc.com


Phyllis Friday McConnell

Began: 2001

Initial Investment: $500

2003 sales: $3 million

2007 sales: $19 million

 

42. Vignon Corp.

IT staffing, Dallas, TX

vignon.com


Kathy Hodgins Blanck

Began: 2001

Initial Investment: $20,000

2003 sales: $144,600

2007 sales: $3.6 million

 

43. Warrior Group Inc.

Modular construction, DeSoto, TX

warrior-group.net


Gail Warrior-Lawrence

Began: 1997

Initial Investment: $1,000

2003 sales: $11.4 million

2007 sales: $41.7 million

 

44. Greenlite Lighting Corp.

Energy-efficient lighting products, Pointe-Claire, Quebec

greenlite.ca

Nina Gupta

Began: 1994

Initial Investment: $1 million

2003 sales: $6 million

2007 sales: $28 million

 

45. BrightStar Healthcare

Medical/nonmedical home-care & medical staffing franchisor, Gurnee, IL

brightstarhealthcare.com

Shelly Sun

Began: 2002

Initial Investment: $100,000+

2003 sales: $1.4 million

2007 sales: $11.8 million

 

46. Bett-A-Way Pallet Systems Inc.

Transportation solutions & pallet management, South Plainfield, NJ

bettaway.com


June Delany, Tracey Ursini, Betty Vaccaro, Laura Vaccaro

Began: 1996

Initial Investment: $6,000

2003 sales: $10.6 million

2007 sales: $26.2 million

 

47. ProActive Solutions Inc.

IT solutions, Mission, KS

proactivesolutions.com


Melissa Cather-Thiede

Began: 1996

Initial Investment: $0

2003 sales: $9.6 million

2007 sales: $37 million

 

48. ITI Inc.

IT & business consulting, Pearland, TX

iti-ps.com/services

June Reeder

Began: 2000

Initial Investment: $0

2003 sales: $1.2 million

2007 sales: $10.5 million

 

49. Trans-Expedite Inc.

Freight forwarding, El Paso, TX

trans-expedite.com

Keeli Jernigan

Began: 2001

Initial Investment: $29,000

2003 sales: $3 million

2007 sales: $18 million

 

50. LetterLogic Inc.

Mailing services, Nashville, TN

letterlogic.com

Sherry Stewart

Began: 2002

Initial Investment: $50,000

2003 sales: $1.1 million

2007 sales: $9.8 million

 

Behind The Numbers

The 50 fastest-growing women-led companies ranking was compiled with the help of the Women Presidents' Organization, a nonprofit peer advisory organization for independent women presidents and CEOs. Entrepreneur and the WPO solicited applications from women-led businesses in North America and considered those that met the following criteria:

  • Must be a privately held, woman-led company in the U.S. or Canada.
  • Company sales in 2003 must be $100,000 or greater; 2007 sales must be at least $1 million.
  • Companies were ranked according to a sales growth formula that combines percentage and absolute growth. From this list, the top 50 were selected. (In cases where companies have multiple partners, only women are listed.)

Research was conducted by WPO director of communications Caitlin Jenkins, communications manager Kirsten Wynn and assistants Kat Piracha and Tanya Rosado. Entrepreneur research editor James Park also contributed to this listing.

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