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Home
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Hot 500
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268
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HorsepowerFreaks Inc.
Performance and aftermarket auto parts
Success Secret:
"Ambition, dedication, innovation, and finding and motivating the best staff possible"
What Is Success?
"Happiness times years. Be as happy as you can for as long as you can."
Best Advice:
"Be slow to hire and quick to fire."
Tipping Point:
"No tipping point. Just lots of hard work"
Success Secret
|
What Is Success?
|
Best Advice
|
Tipping Point
Sources of Startup Capital
Friends & family
Venture capital
Bank loan
Private investors
Line of credit
Credit cards
Savings/personal funds
Company Benefits
Health insurance
Flextime
Life insurance
Company car
Telecommuting
401(K)
Tuition reimbursement
Stock options
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Company Details
Location:
Portland, OR
Founders:
Chris Bergemann, 38
Website:
www.horsepowerfreaks.com
Year Started:
January 2001
Initial Investment:
$150K
Turned a Profit:
2002
First Million:
2003
2002 Sales:
$570K
2006 Sales:
$5.4M
Number of Employees:
Day 1:
1
2006:
15
2007:
28*
* Projected by 2008
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