America's Fastest-Growing Consumer Products Company
With 8,094 percent growth in three years, the sudden success of wickless-candle company Scentsy saved its founders from bankruptcy.
Courtesy company
Orville and Heidi Thompson
No. 1 in Consumer Products and Services
Scentsy
8,094.1% Three-Year Growth
Revenue: $178.4 Million
Employees: 424
CEO: Orville Thompson
Founded: 2004
Overall RANK: No. 19
Meridian, Idaho scentsy.net
Scentsy was Orville and Heidi Thompson's last-ditch effort to avoid bankruptcy. To save their family's specialty retail business, they had spent their last $50,000 on an infomercial for car wax. It brought in $60. At a trade show, Orville met two women who were demonstrating how to use a wickless scented candle they had developed. The Thompsons soon signed a royalty agreement to sell the product. Facing $700,000 in debt, plus an obligation to pay the developers of the candles, they were forced to ramp up sales without the benefit of a loan. "We were economic lepers," Orville says. So in July 2004, the Thompsons established Scentsy as a party-plan company, similar to Tupperware, and enlisted a group of volunteers who fulfilled orders and answered phones for two years, until the company could afford to hire employees. The company now has more than 75,000 active sellers in the U.S., Canada, Puerto Rico, and Guam.
ADVERTISEMENT
Inc.500|5000 Slideshows
Top 10 Companies by Growth Rate
From shocking marketing campaigns to mastering social media, the fastest growing companies on the Inc. 500 share the secrets to their rapid growth.
- Inc. 5000: 5 Companies at Work
- The Top 10 Job Creators
- Top 10 Companies by Revenue
- Top 10 Companies by Growth Rate
- Hot Spots: Top 10 States
- Hot Spots: Top 10 Metro Areas
- The Top 10 American Indian-Run Companies
- The Top 10 Asian-Run Companies
- The Top 10 Black-Run Companies
- The Top 10 Indian-Run Companies
- The Top 10 Latino- and Hispanic-Run Companies
- The Top 10 Woman-Run Companies
Live Chats & Inc.500|5000 Videos
















