Kopis Mobile Ranks No. 23 On The First Ever Vet50 List

Kopis Mobile's Vet50 Award
Kopis Mobile’s Vet50 Award – Ranking 23rd

The Vet50 List is a list of the fastest-growing Veteran-led companies in America as ranked by Inc. magazine and the Institute for Veterans and Military Families (IVMF) at Syracuse University.

The Vet50’s rankings were announced on Saturday, February 17, 2018 at the Vet50 Awards event by First Data, a longtime partner of the IVMF, during the first-ever Veteran EDGE national conference focused solely on developing veteran entrepreneurs no matter where they are in their business journey, and the companies who want to do business with them. The dinner featured keynote speaker NASA astronaut Scott Kelly, Captain (USN, Retired)

Captain Scott Kelly, Astronaut, Keynote speaker at VET50 annoucement

and guest speaker Medal of Honor recipient Jack Jacobs, Colonel (US Army Retired).

Medal of Honor recipient Jack Jacobs, Colonel (US Army Retired) speaker at VET50

The conference and awards ceremony brought together stakeholders, veteran business owners, regional and national veteran services organizations, as well as the corporate partners of the Coalition for Veteran-Owned Business (CVOB). EDGE is the first-of-its-kind coalition of large companies supporting the success of veteran-owned businesses, connecting them with entrepreneurial education, training, resources, and networking opportunities.

“Veteran business owners bring unconventional leadership and grit to succeed. They have a history of entrepreneurship that goes back decades. This list will not only inform but it will inspire other entrepreneurs – veteran and civilian,” said Syracuse University Vice Chancellor of Strategic Initiatives and Innovation and IVMF Founder, Executive Director Mike Haynie.

About the Institute for Veterans and Military Families at Syracuse University

The Institute for Veterans and Military Families (IVMF) is the first interdisciplinary national institute in higher education focused on the social, economic, education, and policy issues impacting veterans and their families.

The IVMF delivers leading programs all over the country and online in career, vocational, and entrepreneurship education and training, while also conducting actionable research, policy analysis, and program evaluations. The IVMF also supports communities through coordinated efforts that enhance delivery and access to services and care.

The Institute, supported by a distinguished advisory board, along with public and private partners, is committed to advancing the lives of those who have served in America’s armed forces and their families. For more information, visit ivmf.syracuse.edu and follow the IVMF on FacebookTwitter and Instagram.

Methodology

The 2018 Vet50 list was created by using data gathered in the course of creating the 2017 Inc. 5000 list. Eligible companies have been identified with the help of the IVMF. Those companies are then ranked according to percentage revenue growth when comparing 2013 to 2016. To qualify, companies must have been founded and generating revenue by March 31, 2013. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2016. The minimum revenue required for 2013 is $100,000; the minimum for 2016 is $2 million.

Kopis Mobile is truly honored to be recognized on the inaugural Vet50 list.

Kopis Mobile at the Inc 5000 Conference

Henry Jones and Josh Lunn of Kopis Mobile at the Inc 5000 Conference
Hugh normally handles the blog writing, but for the next couple of posts it’ll be me, Henry.  I’ll be sharing some of what we learned last week at the Inc 5000 Conference.  In case you missed it, Kopis Mobile’s revenue growth between 2013 and 2016, qualified us for the Inc 500.  That puts Kopis Mobile in the top 1000th of 1 percent (0.0001%!!) of companies in the United States – something to be very proud of!
Our team has worked long hours, sacrificing time and energy, and poured enormous amounts of creativity and thought into moving the company in the right direction.  We are the fastest-growing technology company in Mississippi!  Kopis Mobile co-founder Josh Lunn and I attended the two-day event as representatives of the company.  I wish the whole team could have been there.
Attending the Inc conference as an Inc 500 awardee was enormously fulfilling to me professionally.  I have been a subscriber to Inc magazine for about 20 years.  It has been the best source of insight and information for growth companies – those that keep pushing to be bigger, better, and making more of a difference to its customers and staff.
A longstanding goal for me was to be a part of an Inc 500 company.  You can imagine my elation as a co-founder, part of the leadership team, and then to see my name in the magazine – that was more than I ever thought was a realistic goal.
It’s really tough to make the list! Perhaps for that reason, the atmosphere at the Inc conference was very positive.  All the other attendees had a great attitude – no one was competing, and we all knew we shared the same experiences of finding and attracting great people to join your team, wooing customers, building a meaningful culture, trying to figure out smart processes without losing flexibility, and managing the inevitable cash flow stress.
The highlight for me was meeting and talking with Norm Brodsky , who is the Street Smarts columnist and a senior contributing editor to Inc.
Henry and Norman Brodsky
I’ve been a faithful follower of his columns and books for years.  More than just meet him – we were able to have a few conversations, and as I was hoping, he quickly had some useful insights into what I could do to help our business out the most.
The key takeaway from the conversations was that I needed to seriously increase the attention I have paid to making projections for our business – revenue and expenses and the cash flow relationship between them.  I need to share those projections as widely as possible, as one of the key communication tools for the entire company to use.
The more I’ve thought about it, the more I see many of the company’s current challenges (such as distributing responsibility and accountability as we grow, making investment decisions, and reducing my role as Chief Bottleneck) could be mitigated by distribution of a best-effort projection for at least the next 12 months.  If everyone doesn’t know where we are trying to go, how will we all work well together to get there?
There will be a few more posts on the Inc.5000 conference, other speakers and insights.  But, for now, I’ll end it here with this Dance time at the Inc 5000 gala.