Joseph Meyer has more than 20 years of successful leadership and management experience in both large companies and start-ups and successfully founded the first payroll debit card company in 1997. Meyer also founded an ACH payment processing company which processed over 1.5 million transactions per month and processed over $2.3 billion in 2006. He was the founder of Skylight, a successful debit card company, the former president of BellSouth Products, a $200 million subsidiary of BellSouth Telecommunications and a major in the U.S. Army. Meyer has a BBA in Accounting from Iowa State University and served over 4 years of active duty as an Armor Officer in Army.
MeyerCap provides innovative and disruptive FinTech, Consumer Products, and Business Services companies with start-up capital to help the founder achieve their dreams of having a successful product in the market while leveraging technologies.
What are you working on right now?
Three major focuses:
1. A prepaid debit card company called FirstView and our rollout to 1,100 stores and some other new distribution deals.
2. Interpoynt, the most robust recurring billing and integrated invoicing platform on the market.
3. An employee leasing and staffing company focused on the small and medium enterprise markets.
What does your typical day look like?
I wake up between 5:00 and 6:00 AM, let the dog out, login to check email and news, shower, eat, get the kids off to school and go the office. At home, I try to eat with my wife and children, then work at night, walk dog and go to bed. Three days a week I exercise and/or play polo.
3 trends that excite you?
- Electronification of everything creates a great recurring revenue stream
- Employee leasing
- Back office outsourcing of administrative tasks
What inspires you?
The ability to make money so I can enjoy it with my family, charity, God…and playing polo.
What is one mistake you’ve made and what did you learn from it?
Trying to work hard to get ahead instead of being smart, finding the right partners and offering them a share of the ride.
What is one business idea that you’re willing to give away to our readers?
Anything that helps small and medium enterprises with automation of administrative and employee issues–helping cut overhead and hassles is key.
What do you read every day and why?
WSJ online, Financial Times and CardScan are good general information sources for the financial industry and my industry.
What is the one book that you recommend our community should read and why?
A classic that I’m re-reading now; I’ve forgotten a lot of it. Dale Carnegie’s How to Win Friends and Influence People. I also like Napolean Hill’s Think and Grow Rich. They work and re-reading them is a big help.
What is your favorite gadget, app or piece of software that helps you every day?
iPhone, iPad, and the MacBook Air.
Three people we should follow on Twitter, and why?
My wife @SusanTC – because she said so
@ideamensch – doesn’t everyone
@chexar – good industry information
When is the last time you laughed out loud? What caused it?
I laugh daily. Humor is my release.