DUBLIN, Ohio, Sept. 24, 2018 /PRNewswire/ -- Three is a magic number. Idea Buyer LLC is certainly proof of that, named one of America's fastest growing companies for the third year in a row.
The Inc. 5000 list is amassed of independent and privately owned U.S.-based companies that continue to experience consistent growth from year to year. This year's nominees must have seen a revenue count of at least $2 million dollars for 2017 alone. It's certainly no easy feat to do this every year, as most companies experience a growth plateau following rapid expansion.
"I'm very proud of our team for this accomplishment and the 3rd consecutive year of Inc. Magazine recognition. Most people aren't aware that we have been in business for over a decade," says Eric Corl, Idea Buyer President and CEO. "Our continued level of excellence is due to our team's expertise in our niche and being very selective of the new products and technologies we partner on to bring to market. This has led to outstanding results for us with over $100 Million in patent sales, patent licensing, purchase orders, funding and app revenue. We are continuing to build and refine our portfolio and always looking for that next great idea to team up on."
Idea Buyer's growth percentages certainly reflect that. Including what's totaled up to be another record year, the company has seen a 458% overall growth in the past three years. So what's the secret?
Vice President John Weiler attributes much of the company's continued success to new partnerships. "I'm always honored and excited to bring new partners onboard and watch their projects progress. There are so many people out there with phenomenal ideas who may not know the most efficient way to proceed. That's where we come in, offering the coaching and support to guide entrepreneurs into becoming successful small business owners."
Ever present is the company's commitment to helping amazing people develop and launch amazing products. "It's always exciting to work with entrepreneurs who are willing to work with us," says COO Gary Yeauger. "Idea Buyer leverages our trusted relationships with a small number of companies internationally to manufacture many quality products in a timely fashion, at a reduced cost. This gives us leverage with our manufacturers that no individual small business would ever be able to obtain on their own."
New processes, new technology and new relationships mean more, bigger and better opportunities for the company's clients. The Idea Buyer team works constantly to learn and grow, helping partners to do the same thing-and that's one thing that will never change.