Fastest Growing Private Companies #6 AUDIOMICRO INC.

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AUDIOMICRO INC.

Sherman Oaks

BUSINESS: Digital audio products

FOUNDED: 2007

TWO-YEAR REVENUE GROWTH: 936 percent

2013 REVENUE: $5.4 million

Responses from Chief Executive Ryan Born:

What did you do to achieve the company’s growth?

We went after a rapidly growing market, built an amazing team and outperformed our competition with a better product, better service and transparency with our clients. We’ve been heads down at this for close to seven years now without taking our eyes off of the prize. We’ve eliminated unnecessary distractions and focused on our goal to be the leading music copyright administrator for YouTube.

How did you manage the growing workload? For example, did you have to add space or move into new facilities?

We hired the best people and let go of those that did not perform as quickly as possible. At one time we had 12 people working out of a 700-square-foot office. We grew so quickly our landlord didn’t have space for us so we had to take on a second suite on a different floor. To this day, we’re still operating out of two separate suites in the same building.

What was the biggest challenge for your staff?

Learning to focus and eliminate distractions that were not beneficial to our growth and bottom line.

Do you plan on continuing a fast-growth path or has the time come to slow down a bit?

Onward and upward. We’re just getting

started here.

What’s the most important lesson you’ve learned over the last three years?

The second you feel that you should fire someone, do so. Keeping them around any longer is simply delaying the inevitable.

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