The nine Arizona-based Inc. 500 companies will speak to the business community at an educational luncheon event on Thursday, October 18th from 11:30 a.m. to 2 p.m. at SkySong, the ASU Scottsdale Innovation Center. These ‘best of Arizona’ company leaders will share insights on their remarkable economic success during challenging economic times.
These 9 local companies were recognized in the September issue of Inc. magazine that highlights the nation’s 500 fastest-growing companies. They hope that executives of other companies in Arizona can learn from their experience and growth techniques.
In aggregate, these nine Arizona companies increased revenues by 1,785 percen, from $4.8 million in 2008 to $90.4 million in 2011. This reflects a 166 percent annual compounded growth rate over this three-year period. What makes this even more remarkable is that this growth was achieved during
severe recessionary economic times as reflected by GDP growth of only 6.1 percent from 2008 to 2011. These companies grew almost 300 times faster than the US economy during this period.
The October 18th lunch event is titled “Arizona Inc. 500: Nine Ways to Grow” and will feature key executives from these nine companies discussing what has worked to achieve their growth.
This special business event will have three moderators: Glenn Hamer, CEO at Arizona Chamber of Commerce & Industry; Hank Marshall, Senior Vice President at Arizona Commerce Authority; and Doug Bruhnke, CEO at Growth Nation. Scottsdale Mayor Jim Lane will kick off the event. Five of the nine companies are based in Scottsdale. The presentations by company leaders will cover a range of corporate growth and business strategy topics in a panel format.
Arizona’s Inc. 500 Companies: The Joint (national chiropractic clinic franchise); GlobalMed (real-time healthcare delivery systems for telemedicine); Loan Resolution (assists banks in fixing bad loans and selling property); Blue Global Media (operates affiliate Performance Marketing Network); Digital Video Networks (interactive city-directory kiosks and audio video systems); MYTEK Network Solutions (IT services, analytics and help desk support); American Group (freight-shipping services for small and midsized businesses); DreamBrands (natural healthy anti-aging products for 40+ target market); and Citywide Restoration (restores damaged properties and offers related services).
Interested attendees can register by signing up here: http://arizonainc500.eventbrite.com/.