Founder and CEO of Texthelp
When his father suffered a stroke, Martin McKay uncovered a business opportunity: leverage assistive technology to help people with reading and writing disabilities. In true entrepreneurial fashion, Texthelp was birthed and today brings educational tools to millions of people to enhance their learning and working styles.
Founder and CEO, Martin, showed great resilience and exceeded expectations despite early setbacks such as banks refusing to fund the startup and investors imposing cash constraints. He grew his business organically and through M&A by developing new and existing assistive technology products. He also facilitated the identification and integration of three acquisitions, which enabled Texthelp to dominate the UK, US and Nordic markets.
Martin initially found entry into the US market difficult but persevered because he understood the commanding returns that could be achieved, particularly with US school districts. Starting out in the US, Texthelp had three main competitors. Today, two of those competitors no longer exist, and one has been acquired.
Martin has shown that doing well in business and doing good for society can be achieved at the same time: his broader mission is to advance the literacy and understanding of 1 billion people by 2030.
Share a clear vision of what you want to achieve. It will attract people who want to do it with you.
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This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.
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