WeWork Moorgate<\/a>, that assists business owners with bookkeeping, payroll, employee management, legal solutions, accounting, and administration.<\/p>\n\n\n\n\u201cWe recognized that when you\u2019re building a fast-growth business, the administrative burden can be huge,\u201d says Galvin. \u201cIt\u2019s a massive distraction for founders, and not a good use of their time. Geniac\u2019s ultimate mission is to give founders and business owners their time back, so they can focus on growth and create really great businesses.\u201d<\/p>\n\n\n\n
Galvin, an American who graduated from the University of Florida, began his career in management consulting, working everywhere from Price Waterhouse Management Consultants and Cole Systems Associates, Inc. to Accenture.<\/p>\n\n\n\nDuring his three-year tenure at Accenture, he met Eduardo Martinez Garcia, who became his co-founder at Geniac.<\/p>\n\n\n\n
\u201cIt was our shared experience (and frustration!) of setting up and running multiple startups that gave us the idea for Geniac,\u201d says Galvin. \u201cWe wanted to make it easier to start, run, and grow a business.\u201d<\/p>\n\n\n\n
Last summer, Geniac had only six employees. Now, 26 people provide a tech product and personal account management. According to Galvin, new clients are signing on every day; currently, they have hundreds using their services.<\/p>\n\n\n\n
Like every startup founder, Galvin has an erratic and demanding schedule. At home, he has a wife and two daughters. He heads out to the office around 7 every morning, and may end up in a different country by the end of the day.<\/p>\n\n\n\nEven at a business that enables other businesses to run smoothly, there is the ongoing challenge of never having enough time in the day. \u201cBut hey, that\u2019s the startup life,\u201d says Galvin.<\/p>\n\n\n\n
On the flipside, the benefits of working long hours are huge. Galvin takes pride in the fact that he\u2019s able to help businesses navigate through administrative work and give them a push to succeed.<\/p>\n\n\n\n
\u201cEvery day brings its own rewards,\u201d he says. \u201cIt might be when a client tells us that we\u2019re their most valued supplier. Or that we\u2019ve saved them huge amounts of time. Or money. Or stopped them getting in a jam. It\u2019s also great when we roll out a new feature like our Finance Dashboards or our new onboarding experience, and clients immediately tell us how much they love it. And as an American, I am personally very proud when we can help a U.S. company expanding into the U.K.\u201d<\/p>\n\n\n\n
Photos: Oscar May<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"After running various tech businesses, Michael Galvin noticed a struggle all entrepreneurs face: the eating away of precious time due to mundane tasks. That\u2019s why he co-founded Geniac, a company based out of London\u2019s WeWork Moorgate, that assists business owners with bookkeeping, payroll, employee management, legal solutions, accounting, and administration. \u201cWe recognized that when you\u2019re […]<\/p>\n","protected":false},"author":1498,"featured_media":20397,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[43903,43911],"tags":[],"class_list":["post-20393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community-stories","category-member-spotlight"],"acf":[],"yoast_head":"\n
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