Industry Electronic payments
Web site www.cmsonline.com
Founders David Decker, 35; Kyle Hall, 27; Trever Hansen, 32
What It Is A provider of merchant services.
Why It's Watch-Worthy With staggering revenues in its short lifetime (the company grossed $2.5 million in its first year of business), Complete Merchant Solutions has used strong management and expert execution to become an instrumental force in its industry.
The Big Break “When we were officially accepted as a registered bankcard processor for Visa and MasterCard.”
The High Point “When an industry legend accepted our offer to assume the reigns as CEO.”
The Low Point “The second we realized we were scammed by a professional Russian Mafia group out of California for $110,000.”
The Advice “Test as many different industries as you can early in your career. Once you've identified the industry you want to set your stakes in, focus on the soft spots (i.e. under-served areas). Tailor your go-to-market strategy to fully capitalize on those soft spots and start chipping away at market share.”
In 2015 “We'll be a nationally recognized brand within our industry, acknowledged as a 'Top 50 Bankcard Processor' in America (based on transactional volume), and listed in the top 10 of BusinessQ's 'Top Revenue' list.” (Editor's Note: We'll see you in 2015.)