Archive for August, 2017

Idea Buyer, LLC Rockets To No. 165 on 2017 Inc. 5000 List

Wednesday, August 16th, 2017

Ohio-based Company Soars More Than Thirty Spots From Last Year’s Ranking with 2507.9% Three Year Revenue Growth

Inc500 starburst

Columbus, OH, August 16th, 2017-Cheers erupted from inside a closed door partner meeting at the Idea Buyer home office in Dublin, OH last Thursday. Outside, employees exchanged glances and grins; a thick envelope had arrived from the Inc. 5000 Headquarters earlier that day and the sounds of jubilation could only mean good things. Once again, Idea Buyer LLC has earned a place on the Inc. 500 List, charting at #165 for 2017 and with it, the distinction of being a two time honoree.

 

Any independent, privately owned and US based company was eligible to apply for the 2017 INC. 5000 list, provided they have been earning revenue at least since March 31st of 2013, with a minimum count of $100,000 for that year. In addition, 2016 revenue must have exceeded 2013’s earnings and achieved a minimum value of $2 million.

 

Idea Buyer has not only fulfilled every single one of these requirements but exceeded them, causing the 10-year-old company to scale the Inc. 5000 chart an impressive 32 places from last year’s 197th. Keeping in tradition with revenue increases of years past, 2016’s $3.4 million revenue has exceeded last year’s with a sizeable $1.2 million margin. Compared to 2016’s 1912.2% three year growth, in 2017 Idea Buyer has seen a 2507.9% growth, a nearly 30% increase when compared to last year’s figure.

 

If Idea Buyer President and CEO, Eric Corl, has his way, the company won’t be slowing down anytime soon. This past June, he was recognized as a leader in the small business world and invited to speak at the 2017 Summer Startup Policy Forum in Washington D.C. about the positive effect that small businesses have on the economy.

 

“When I started this company 10 years ago, I had great dreams for it,” Corl reflects. “It’s exciting to see where it has come. Starting out in the bedroom of my college apartment and ending up in this amazing office, filled with great people, is an accomplishment in itself; let alone the growth we have been able to sustain. Without the dedication and hardwork of our team, this recognition would not have been possible and I am unbelievably grateful.”

 

More about Idea Buyer

Though the company was originally founded back in 2007 as an online marketplace for bright minds to showcase their ideas and patents for new products, the partnerships forged with inventors and entrepreneurs to develop and market their products have been a large contributing factor to the massive growth the organization has enjoyed. Idea Buyer, LLC currently maintains a growing team of employees between two offices in Dublin, OH and San Diego, CA and are always on the lookout for new talent.

 

[For more information, visit www.IdeaBuyer.com or contact Tyiesha Evans at tevans@Ideabuyer.com.]

 

Media Contact: Tyiesha Evans, Idea Buyer, LLC, 614-601-2893, tevans@ideabuyer.com