HIGHEST REVENUE GROWTH: Prolog Inc.
- April 30, 2009
Hanse Hill started his journey to the top of Fantastic 50 with a little help from his big brother.
When Hanse left the Navy in 2005, he’d planned to take a job working on computer systems at a plant in Tennessee. But his older brother, Jim, persuaded him to go into business for himself. “Our family has a history of being entrepreneurial,” says Jim Hill. “Our mother was an American of Korean descent, and she instilled in us the value to be entrepreneurial.”
Jim, in fact, had a business opportunity for Hanse. Jim and his business partner, Bob Beauchamp, had founded ProLog Inc., a Virginia Beach logistics and engineering company, in 2000. It had received little attention since Jim was busy building his own firm, J.K. Hill & Associates, a professional services firm that also has been a member of the Fantastic 50. “We were just barely keeping it alive,” recalls Jim. “We weren’t really doing anything with it because J.K. Hill was taking up most of our time.”
Hanse bought ProLog and began giving it the care it deserved. Revenues grew 2,603.54 percent from 2004 through 2007, making it the fastest-growing company in the Fantastic 50.
Much of that revenue came from the federal government. ProLog contracts with the government to provide logistics, engineering and information technology services. In 2006, ProLog won its first contract as prime contractor to perform logistic-integrated overhauls and supply-chain management for the Maritime Administration Ready Reserve Force’s 55 ships. During an overhaul, ProLog employees provide engineering, technical, logistics, and information technology services for each ship.
ProLog has another contract with the Norfolk Naval Shipyard Supply Department, maintaining its parts warehouses and overseeing the shipping, receiving and delivery of parts at the shipyard.
ProLog participates in the U.S. Small Business Administration’s 8(a) program, which helps develop companies identified as economically or socially disadvantaged.
Hanse says that to be successful in contracting. “you need to plan, organize, staff and control — the four philosophies of business.”
2009 Fantastic 50 | TECHNOLOGY: Ideal Innovations Inc.