Kirk Simpson is a businessman who is the current CEO of Wave Financial. Wave provide free accounting software to small businesses and also offer other competitively priced financial services. They are a relatively new business and so there may be things that you do not know about the company and Kirk Simpson. The ten facts that are listed below may teach you something new.
He Founded Wave Financial With James Lochrie
The two men had been friends for some time and they knew that they wanted to start a business together. Lochrie had a background in finance and Simpson in technology so a cloud based financial services service seemed the logical step. Lochrie does not have an active daily role at the business but he is still on the Board of Directors.
His Favorite Place To Unwind Is His Parent's Cottage
When he wants to get away from it all he heads to his parent's cottage with his wife and children. It is sometimes hard for him to switch off because he is so invested in his business but this is one place that he can do this.
He Likes To Surround Himself With Smart People
He has been quoted as saying that he likes to surround himself with people that inspire him to do better. He likes to have people around him that he can bounce ideas off and that will challenge him if they don't agree. This helps him to be more creative and to work better.
His Top Business Tip Is To Solve A Problem You Have Experienced Yourself
If you are struggling with an idea for a business then you should think about a problem that you have faced yourself. The chances are that other people have had the same problem as you and would be prepared to pay for help in solving it.
Wave Financial Has Been His Longest Position
He has worked at Wave Financial longer than he has been in any other employed position. This goes some way to show the commitment that he has to the company. He seems to have finally found the work that he loves doing with this company and it is likely that he will be involved in it for many more years to come.
He Is Committed To Helping Freelancers And Entrepreneurs
Part of the reason that he started Wave Financial was to help more people be able to make a success of their small business. He has started a number of companies himself and knows how difficult it can be to get things off the ground when you are working by yourself. Getting your finances in place is one of the most difficult tasks and this is why most of the software that Wave Financial offers is free.
He Raised $77 Million In Funding For Wave Financial
He is very good at getting funding for his businesses and this has been shown in the amount of money that he was able to raise for Wave Financial. People are prepared to make investments in Wave because they can see how their money is being spent. This kind of transparency cannot be underestimated in business as it gives investors confidence.
He May Make Wave Financial A Public Company Soon
Wave Financial is a very successful company and if the rate of growth that has been seen so far continues then it will be made public. This will raise more money for the company which it can use to grow further. It will also provide the opportunity for people who have invested in the company to get a return on this investment.
He Works As A Mentor To The Next 36
The Next 36 is a program in Canada that provides support to young people that want to set up their own business. Kirk Simpson works as a mentor on this program to provide these young people with an insight into business that he has gained over the years.
Written by Garrett Parker
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