Alexis Walsko, founder and CEO, Lola Red
Alexis Walsko says business has been on a roll since Lola Red, her Minneapolis-based public relations firm, helped launch a toy version of Star Wars' popular BB-8 droid.
Lola Red worked with nine other agencies around the globe to introduce the 4.5-inch, app-enabled droid toy last September, Walsko said. The resulting buzz helped the toy sell out months before the ball-shaped BB-8 rolled to popularity on movie screens in "Star Wars: The Force Awakens."
Lola Red, serving as public relations agency of record for the toy's creator, Boulder, Colo.-based Sphero, worked closely with Lucasfilm in planning the top-secret project.
The launch attracted new clients including many tech companies, leading to a 20 percent increase in revenue in 2015. The agency made four hires, bringing its total to 15, and opened a second office in Boulder, where Walsko started the agency in 2001.
"It was an overnight success over the course of 15 years," Walsko said.
Walsko, who has a degree in marketing and entrepreneurship from the University of Colorado, Boulder, credits her team of "young overachievers" for much of that success.
"We're hustlers," Walsko said. "We want to be the best possible extension of our clients' brands and bring them to the world."
Q: What challenges have come with the agency's rapid growth?