In 2020, travel came to a halt, the U.S. economy shrank, and Vape Guys, a global distributor of vape and hemp-derived products, experienced its first revenue drop since its founding in 2014. Rather than playing it safe and tightening spending as many competitors did, founder and CEO and Yan Gleyzer took a gamble: he purchased an additional $1 million-worth of inventory in a matter of weeks. "I realized everybody else was scaling back, so there was not enough supply. Somebody had to fill that void. I wanted to be that somebody." The risk paid off. In 2021, Vape Guys increased revenue by nearly 100 percent. This year, the company earns a place on the Inc. 5000 for the fourth time. Gleyzer credits the achievement to strategic risk, a steadfast focus on nurturing client relationships during challenging times, and a strong and resilient team.
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Denne historien er fra November 2022-utgaven av Inc..
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
2025 FEMALE FOUNDERS 500
THE PANDEMIC DROVE WOMEN OUT OF THE WORKFORCE THEN SPURRED AN ENTREPRENEURIAL EXPLOSION.
HOW TO SELL YOUR BUSINESS IN 2025
If you've been waiting to sell your business, this could be the year to get the deal done. Analysts expect mergers and acquisitions to pick up, especially given the Trump administration's promise of deregulation. So if you're considering selling now, here's what you need to know.
Marina Khidekel You can tap creative funding sources for your startup, but as these founders learned, it's hard work.
Raising capital can feel like a rite of passage for startup founders—a signal that your company is on the map.
UP IN THE AIR
HOW JSX FOUNDER ALEX WILCOX BROUGHT THE PRIVATE JET EXPERIENCE TO THE MASSES WHILE NAVIGATING STRAIGHT INTO A CLOUD OF FEDERAL REGULATIONS. AND WHY HIS RADICAL NEW WAY TO FLY COULD BE IN FOR A BUMPY RIDE.
She's Done With Al. Now Lucy Guo Is Making a Big Bet on People
Inside the Scale AI co-founder's plans to help influencers get paid, like, never-have-to-get-a-real-job kind of money.
Tory Burch Is Better Than Ever.but Don't Call It a Comeback
The fashion veteran's business is hitting its stride— and she says, at 58, she finally feels like a real designer.
ZONE OF CONCERN
Forever chemicals, or PFAS, are as pervasive as they are insidious, afflicting businesses ranging from hotels to breweries to coffee roasters. In taking on this huge problem, entrepreneur Dean Wiltse has found his calling—and an opportunity.
WE NEED TO TALK ABOUT KEVIN
HE DESIGNED THE INTERNET AS WE KNOW IT TODAY. SO WHY ISN'T HE IN THE PANTHEON OF SILICON VALLEY FOUNDERS?
SET AND ACHIEVE BIG GOALS
In her latest book, Big Goals: The Science of Setting Them, Achieving Them, and Creating Your Best Life, Caroline Adams Miller shares a methodology for psychology-backed goal setting.
10 WAYS TO GET BETTER AT SALES
Today's customers are overloaded and overwhelmed by too much information, so making any decision is a challenge.
