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Joy Gendusa: How a high school dropout built a $120M business

"(When) starting a business, … do something that truly makes you want to get up in the morning and push through any barrier.” Joy Gendusa, PostcardMania


PostcardMania founder Joy Gendusa says “I’ve learned over the years that tough times can also create the most opportunity, as long as you don’t freeze."
PostcardMania founder Joy Gendusa says “I’ve learned over the years that tough times can also create the most opportunity, as long as you don’t freeze."
Photo by Mark Wemple
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A high school dropout from Long Island, New York, Joy Gendusa founded PostcardMania with nothing but a 600-square-foot cottage, a phone, a computer and piles of postcards — no outside funding. That was in 1998. Since then, Gendusa and her company has bootstrapped her way to $120 million a year in revenue; a 75,000-square-foot custom-built headquarters in Clearwater; and more than 350 employees. 

Her business today produces millions of marketing postcards for small business clients each week, in addition to delivering online advertising through Google and Facebook. Under Gendusa’s leadership, PostcardMania has tripled its growth since the pandemic, with annual revenues averaging 13.4% year-over-year growth since 2021. (The company was growing, albeit slower, at more like 5% a year, from 2010 to 2020.)


2026/2027 outlook

Despite higher costs and more selective consumers, Gendusa is “very optimistic” about the next 18 months for the company. 

“I’ve learned over the years that tough times can also create the most opportunity, as long as you don’t freeze,” she says. “At PostcardMania, we’ve put a lot in place to keep growing. We’ve continued investing in our own marketing, our technology, our team and the systems that help small businesses get better results."


Tipping point

The pandemic, Gendusa says, “tested every lesson I learned the hard way.” 

Most businesses froze spending and cut marketing, causing PostcardMania’s revenue to drop 41% nearly overnight. Gendusa understood the fear, she says, but decided her company wasn’t going to follow that path in 2020. PostcardMania kept its own marketing division and didn’t lay off anyone. 

“That decision allowed us to recover quickly and finish the year 10% up, setting a new highest-ever for annual revenue,” she says in an email in response to questions. 

That year was also when PostcardMania accelerated its shift from a purely marketing and direct mail company to a tech company, leaning heavily into PCM Integrations that allow businesses to trigger personalized mail automatically from software, CRMs and other data sources. (PCM stands for Product Content Management.)

“For example, a business can automatically send a postcard when someone visits their website but doesn’t convert to a lead, abandons a shopping cart, moves into a new neighborhood, has a birthday coming up, misses an appointment, or reaches a certain point in the sales process," she says. "Instead of a business owner having to remember to follow up manually, the system does it for them — with a personalized, physical postcard that arrives in the prospect’s mailbox at the right moment.”

Since making that shift, PostcardMania is growing 168% faster than the previous decade, Gendusa says. “I really credit that," she says in the note, "to the combination of consistent marketing, strong reserves, an incredible team and our willingness to evolve and pivot to tech.”

Joy Gendusa founded PostcardMania in 1998.
Joy Gendusa founded PostcardMania in 1998.
Photo by Mark Wemple

Biggest mistake and what you learned from it

Gendusa says her biggest mistake was cutting PostcardMania’s own marketing when the housing market crashed in 2008. 

At the time, mortgage and real estate clients made up 46% of the firm's business. A financial advisor recommended she cut the number of postcards she mailed out advertising her own company. 

“Against my better judgment, I listened,” Gendusa says. “That was a huge mistake.”

In 2009, PostcardMania had its worst financial year ever. The company was down about 15%, had seven-figure losses and Gendusa had weeks where making payroll was her only objective. 

“I cut my own pay dramatically, but I was absolutely dead set against laying people off,” Gendusa says. “Eventually, I realized the only way out was to get our leads back up — and that meant putting our marketing back the way it had been — plus a little to make up for the losses. Once we did that, things started turning around." 

"I’m pretty obsessed with never being down," she adds, so the experience became the foundation for one of Gendusa’s biggest rules in business: “never, ever cut your marketing, no matter what is happening."

“You can adjust, you can track, you can improve, but don’t disappear from the marketplace when things get scary,” she says. 



Entrepreneurial advice

Gendusa relies on L. Ron Hubbard’s “Hubbard Management System.”

“I implemented that from day one, when it was just me and a couple of other folks,” Gendusa says. “And the aspect of that I implemented on day one that we also never wavered from is the tracking of our weekly stats and sub-stats.”

For example, Gendusa and her team, naturally, track their revenue. But they also track what it takes to get that revenue — “how much outflow to get that inflow? How many postcards mailed out on our own behalf? How much do I need to spend on online ads?”

All of these metrics are tracked on a weekly basis and graphed so Gendusa’s team can easily see emerging trends. 

“Then based on those trends there are formulas to apply, which give you your best opportunity for success,” she says. “I apply this across every division of my company — not just sales and revenue. We use it in HR, IT, manufacturing and all delivery.”


Advice you'd give your 16-year-old self about starting a company

At 16, Gendusa says, she “was a total ne’er-do-well — I dropped out of high school at 17 so never in my wildest dreams did I think I’d be a business owner, let alone a successful one.

"But I guess I would tell her: You can do anything you set your mind to," she says. "Anything. Including starting and growing a business. I would tell her that the most important thing about starting a business is choosing something you are passionate about. Do something that truly makes you want to get up in the morning and push through any barrier.”

 

author

Anastasia Dawson

Anastasia Dawson is a Tampa Bay reporter at the Business Observer. Before joining Observer Media Group, the award-winning journalist worked at the Tampa Bay Times and the Tampa Tribune. She lives in Plant City with her shih tzu, Alfie.

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