June 2019 Archives

We’re up to #14 on the List of Fastest-Growing Companies in Albany

The Albany Business Review released their 2019 list of fastest-growing companies in the Albany area (link behind a paywall), and for the fourth straight year we’re on the list and moving up! This year we’re #14 with $5.18 million in 2018 revenue and three-year revenue growth of 105.97%. Once sales are in the millions, growing 100+% over three years is quite an accomplishment, one that I’m not sure we’ll ever be able to repeat. So as I’m writing this, I’m reflecting on how grateful I… Continue reading

6/28/19

Bootstrapping Inventory Management Gone Right

I recently came across a fantastic presentation called The Resilience of Costco. The entirety is worth clicking through because Costco is a fascinating case study. They are thriving with in-store retail when others are struggling. There are a whole host of reasons why they’re able to do this, from their membership model to their limited SKU selection to their cheap warehouse space, or even how well they compensate their employees. One slide about inventory management really stuck out to me, and it reminded me that… Continue reading

6/25/19