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66 •

PPB

• JANUARY 2015

GROW

On The Up And Up

BOUNDLESS NETWORK (D)

Austin, Texas

Jason Black, Co-founder and former CEO

www.boundlessnetwork.com

• Founded: 2005

• 2014

Inc.

5000 Ranking: 4785

• Three-Year Growth Rate: 49%

• 2013 Revenue: $56.8 million

• Number of Employees: 60 (25 new jobs added within

the past three years)

• Previous Years On

Inc.

5000 list: Four (2010 No. 797,

2011 No. 1311, 2012 No. 2551, 2013 No. 3806)

Technology: A Winning Way

For People To Do Business

Boundless Network was founded

in 2005 as an organization designed

to improve how organizations buy

and manage brand merchandise.

Co-founder and former CEO

Jason Black wanted to work with

technology to create a profitable

sales model for salespeople in the

promotional products industry.

Boundless offers organizations con-

sultative brand experts combined

with a technology platform that

moves products quickly and saves money. “One of our biggest chal-

lenges is that the industry isn’t very responsive to change,” says Black.

In 2014, the company hit

Inc

.’s 5000 Honor Roll, with its fifth

year on the listing. During the past three years, the revenue has grown

49 percent, from $38.1 million in 2010 to $56.8 million in 2013. In

2010, it was ranked No. 797, one of the top 1,000 companies with a

379 percent growth rate.

Strategy For Growth

“Innovation and people are our driving force,” says Black. “We

continue to invest in our technology platform to drive innovation into

the industry. That’s been our theme for the past 10 years. That doesn’t

mean it has all been perfect, but we take the good with the bad.”

Creating Differentiation

Boundless Network offers GroupBuy, a web-based application that

allows multiple buyers in various locations to purchase a product as a

buying group, allowing for bulk discount.

Black believes the business delivers more value than traditional

distributorships largely because of technology. “We aren’t afraid of

technology,” says Black. “The millennials in the industry look forward,

not backward—they value our company, and we have a product the

customer wants.”

Sustaining Growth

Boundless Network continues to think outside the box, says Black.

“There isn’t a magic number we are trying to hit. Our focus is on

innovation and culture.”

What’s Ahead In 2015

“The company will continue to be opportunistic, identifying part-

ners outside of the traditional promotional products industry to elevate

our value proposition and align ourselves with potential partners,” says

Black. “Innovation comes in all shapes and sizes and we will continue

to create innovations for the consumer.

Pamela Fields Webb is a writer and public relations and marketing

consultant. Currently she contributes to various publications in the promo-

tional products industry including

Re:Boot

digital magazine. She is the

former editor of PPAI’s

Promotional Consultant

digital magazine and

Promotional Consultant Today

e-newsletter.

How Does A Company Make The List?

COMPANIES LISTED ON THE

INC.

5000 are determined and ranked according to a percent-

age of revenue growth over a three-year period, with eligible companies submitting their

information for consideration. To be considered for the 2014 list, companies had to have

generated revenue by March 31, 2010, and generated a minimum of $100,000 in 2010 and a

minimum of $2 million in 2013. Companies must also be privately held, for-profit, based in

the U.S. and independent (not a subsidiary or division of another company). See the full 2014

list at this link:

www.inc.com/inc5000/list/2014.