Workhorse Marketing is thrilled to have earned a spot on the 2018 Austin Business Journal (ABJ) Fast 50 list. This marks the second year in a row Workhorse has achieved the list. This year’s winners were revealed Thursday night at the annual Fast 50 Awards event, held at the JW Mariott hotel in downtown Austin, Texas. To qualify, companies must have experienced dramatic revenue growth during the past three years. Financial data is submitted by the companies, verified by a third party and then the businesses are ranked according to compounded revenue growth.
“Workhorse is honored to be included on this prestigious list for the second time,” said founder and CEO Grant Chambers. He added, “On behalf of our entire team, we would like to congratulate the other 49 locally based award recipients.”
Workhorse Marketing’s client roster includes a mix of local, regional and national clients. Chambers added that Workhorse has experienced a 30-plus percent year-over-year growth rate since 2013, as the company has adopted new marketing strategies and techniques, making the company more attractive to larger regional and national clients.
“Clients hire us and stay with us because we combine deep, insightful strategy with some of the top specialists in their fields who execute every day to make sure each client is successful,” Chambers said.
Also, Workhorse recently announced their inclusion in the 2018 Inc. 5000 list of American’s fastest growing companies for the second year in a row. The 2018 Inc. 5000, unveiled online at Inc.com, features the top 500 companies in the magazine’s September issue which has been available on newsstands since August, 2018. The Inc. 5000 is ranked according to percentage revenue growth over a four-year period. To qualify, companies must be U.S.-based, privately held, for profit, and independent.
Not only have the companies on the 2018 Inc. 5000 been very competitive within their markets, but this year’s list shows staggering growth compared with prior lists. On average, the companies in the 2018 Inc. 5000 achieved a three-year average growth of 538.2 percent, and a median rate of 171.8 percent.