Ideal Concepts Makes the Inc. 5000 List Again
August 12, 2020
Allentown, PA– Ideal Concepts, Inc. has once again made the prestigious Inc. 5000 list! With our company’s sister company, American Insurance Organization (AIO), our Lehigh Valley based business has made the list for the past five years running. The Inc. 5000, put out by Inc. Magazine, annually ranks the country’s top 5000 fastest-growing private companies, according to percentage revenue growth over a 3-year period.
Ideal Concepts and AIO are celebrating their fifth appearance on the list, especially as it gets exponentially harder to continually produce the same percentage increases as revenue grows. Our companies’ 3-year revenue increases have ranged from 112% to 863% since 2012.
While the Inc. 5000 list recognizes the fastest growing companies in America based solely on revenue percentage increases, what may be more impressive is Ideal Concepts’ employee growth. During the same three-year time period measured for Inc. 5000, our company’s team grew from 42 to 139!
Even the COVID-19 pandemic hasn’t slowed down Ideal Concepts’ growth. Despite closing in early March, and making the decision to keep physical offices closed until at least 2021 in order to protect employees and employees’ families, all team members are still hard at work from home.
Ideal Concepts President and founder John Pequeno said, “We’re proud to be included in the Inc. 5000 list for the fifth time, especially considering what a challenging year this has turned into. Our continued success in the face of adversity is a testament to our employees’ commitment and adaptability.”
Ideal Concepts, as an insurance sales technology company, and AIO, an insurance marketing organization, are also both highly impacted by the temperamental individual health insurance industry, making their sustained growth even more remarkable.
Despite these challenges, our company has no plans to slow their growth.
Recruiting Director Eric Thomas said, “Our recruiting department has their work cut out for them. We’re determined to meet our lofty hiring goals, and are actively seeking the right talent for all types of positions. If the pandemic has you looking for a new career, this is the perfect time to consider Ideal Concepts.”
Currently, the company has 77 open positions, ranging from sales management, to engineering, human resources, marketing, and recruiting.
About Ideal Concepts: Ideal Concepts, Inc. is an insurance sales technology firm established in Allentown in 2005. One of the company’s most prominent proprietary products is iWebQuotes, a private health exchange built in partnership with Healthcare.gov. The company’s other most popular tech is SalesRadix, an innovative, turn-key sales technology solution for independent health insurance agents. Find out more about Ideal Concepts at www.IdealConcepts.com.
About American Insurance Organization: As one of the most successful and fastest growing field marketing organizations in the individual health insurance business nationally, American Insurance Organization (AIO) has more than 2,000 contracted independent insurance sales agents across the country. AIO provides expert sales technology, marketing, training, and support to agents in all 50 states, marketing products for 81+ health, life, and supplement insurance carriers.
About the Inc. 5000 List: To qualify for the annual Inc. 5000 list put out by Inc. Magazine, companies must have been generating revenue by March 31, 2016, and be able to show three full calendar years of sales. 2016 revenue must have reached $100,000, and 2019 revenue must have hit at least $2 million.