ScaleUP! KC touts revenue success stories as latest small biz cohort opens applications

July 19, 2023  |  Startland News Staff

Rickey Leathers, Savvy Salon, speaks during a ScaleUP! KC gather; photo courtesy of the UMKC Innovation Center

Growth outcomes don’t always follow entrepreneurs’ graduation from ScaleUP! KC — sometimes they come before the game-changing, no-cost program is even complete, its leaders said.

Rickey Leathers made significant strides in his business, Savvy Salon — co-owned with his wife, Lenora — while enrolled in the cohort, he said.

Lenora and Rickey Leathers, Savvy Salon KC; photos by Nikki Overfelt Chifalu

“I successfully opened a second location and introduced an innovative membership product,” said Leathers. “As a result of implementing the strategies and insights I gained from ScaleUP! KC, our revenues have grown tremendously.”

When he first joined the program, the Leathers’ annual revenues were below $300,000, but by the end of 2022, Savvy Salon had surpassed $650,000 and is projecting revenues of $750,000 for 2023.

“We have been able to create jobs, establish a leadership position and improve our financial processes by implementing effective systems,” he said. “The ScaleUP! KC program truly transformed my thinking and emphasized the importance of dedicating time to work on the business rather than solely in it.” 

The program — an effort led by the UMKC Innovation Center — helps business owners forecast revenue and expenses, create value, carve a niche market, hire the right employees and formulate a succession plan. More than 190 alumni like Leathers have leveraged the program not only to dramatically increase sales — some to $50 million in revenue — but also to create opportunities to increase their business potential and become true Kansas City business leaders, according to  ScaleUP! KC.

Applications are now open for its 13th cohort, which runs Aug. 24 to Dec. 14. The deadline to apply is Aug. 14.

“For nearly a decade, ScaleUP! Kansas City has helped KC business owners get the confidence, one-on-one coaching and a professional peer network that they need to scale the region’s next multimillion-dollar businesses and become the next community leaders,” said Jill Hathaway, program coordinator for ScaleUP! KC. “ScaleUP KC is the vital support that fuels these businesses so they can be big economic drivers in our communities.”

Members of ScaleUP! KC’s cohort 12; photo courtesy of the UMKC Innovation Center

ScaleUP! KC helps Kansas City business owners prepare their businesses for scalable growth with a 16-week program that blends high-impact training with expert speakers, peer mentoring and one-on-one business coaching at a time when small businesses need the tools to help them scale and remain resilient for the future, she said.

To be eligible for ScaleUP! Kansas City, business owners need to have:

  •       led a company that’s been in business for at least two years and has at least two employees;
  •       generated annual sales in excess of $250,000;
  •       created a strong market than can generate well beyond $1 million in sales; and
  •       drive to lead part of the next generation of business leaders in Kansas City

Lessons come from a mix of expert coaches, consultants and their fellow business owners who hail from the tech sector, manufacturing, service industries and many other areas of business. 

Since Dr. Michelle Macrorie completed the program five years ago, her business, Autism from the Start, opened a second location in 2022, expanded from 16 employees to 53 and increased revenue from nearly $700,000 in 2017 to $2.4 million in 2022.

“The lessons ScaleUP! KC taught me have helped tremendously,” she said. “Specialize, live by your core values, document processes and keep them updated, delegate — there are so many great takeaways.” 

ScaleUP! KC is funded by the Missouri Small Business Development Center at the University of Missouri — Kansas City and the Ewing Marion Kauffman Foundation. Administrative support and coaching is facilitated by the Missouri SBDC at UMKC, a program of the UMKC Innovation Center.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , , ,
Featured Business
    Featured Founder

      2023 Startups to Watch

        stats here

        Related Posts on Startland News

        Kauffman Fellows to foster KC, Midwest investor expertise via $960K effort

        By Tommy Felts | October 24, 2016

        In an effort to cultivate venture capitalists in the Midwest, the Ewing Marion Kauffman Foundation will award a dozen of scholarships valued at a total of $960,000 for its investor program, Kauffman Fellows. And Kansas City is set to be the biggest beneficiary. During the Kauffman Fellows’ annual summit, the foundation announced that will dish…

        Kauffman Foundation issues a challenge to grow KC accelerators

        By Tommy Felts | October 21, 2016

        The Ewing Marion Kauffman Foundation believes business accelerators have the opportunity to bridge a gap between capital and entrepreneurs.  That’s why the foundation announced a new grant initiative Friday that hopes to spur more accelerator-like organizations in Kansas City. And applications are now open, and proposals are due by Jan 13. Starting Nov. 16 during…

        Startland gets personal with Davyeon Ross, John Fein and Greg Kratofil

        By Tommy Felts | October 21, 2016

        Startland News exists to share the stories of innovation that happen every day in Kansas City. But while we try our best to give you updates as they come, it is rare that all the details of the news we produce are included in the stories we publish. That’s why editor-in-chief Bobby Burch led Startland…

        How the Mighty Handle evolved from an idea to a hit product

        By Tommy Felts | October 21, 2016

        Startland News and the Kansas City Star have partnered to publish content as part of the Star’s new special section, “Spirit.” This story will appear in the Star’s Oct. 23 Sunday edition. Not all innovation is high tech. And while the development of any particular technology is distinct, there remain consistent principles of how to…