February 6, 2020News

Why I’m joining Everee

We’ve all been there. It’s a few days before payday, and you’re low on cash. You’ve gotten used to scraping by and limiting expenses as payday nears, but this time something happens. Your car breaks down. Your electric bill is higher than you planned for. You’ve run out of groceries. 

When my kids were little, my wife and I both had full-time jobs but struggled at times to make ends meet. It wasn’t one moment or event that caused us to rely on credit cards or to consider taking out a payday loan. It was all the little things that added up—a long commute eating up gas, a broken dishwasher, school supplies. 

It was incredibly stressful. Were we failing as parents? No, it was an archaic, inflexible pay cycle that was failing us. We had earned enough money to cover our expenses. We just couldn’t access it. The value exchange between us and our employers was broken. It is broken.

This is why Everee exists. Our mission is to humanize the exchange of value between employers and employees. We’re transforming payroll for people everywhere. 

People deserve a better payroll experience

I decided to join Everee as CEO because I have met countless people who share similar stories to mine. So many of them have suffered through exorbitant payday loan rates and overdraft fees to cover their expenses between paychecks. I was shocked to learn that 78% of Americans live paycheck to paycheck. People deserve better, and that’s why we created Pay Your Way, which allows employees to choose to get paid daily, weekly or on demand when they need it. 

Employers deserve better too. When was the last time you heard someone rave about running payroll? It doesn’t happen. Payroll is a pain, but it doesn’t have to be. Everee leverages the same modern technologies that make ordering a ride or lunch as simple as a few taps on a phone. Payroll can be a slick and seamless experience

I’m committed to building a company and team that won’t stop until the world knows there’s a better payroll experience. We’re disrupting a tired industry that’s lacked innovation for too long. 

It’s time to disrupt the payroll industry 

Our co-founder Ron Ross created Everee because he was a concerned parent with a problem to solve. His daughter left home for college and kept running out of money because the timing of her payday and expenses didn’t match. When he told me about his vision for Everee, I knew I wanted to join. 

I’ve known Ron for years, and he’s someone I admire as a friend and as a leader. He brings deep experience in finance and accounting to Everee, as does our CFO and co-founder, Tyler Ploeger. They know the pains of payroll because they’ve felt them first-hand. Since 2018, they’ve been building the payroll experience they’ve always wanted and the world has needed. The other co-founders Piers Mainwaring, Derek Newbold and Kyle Jacobsen, obsess over building a product that solves our customers’ pain points and makes their lives better. And our board includes my good friend Greg Woodward, whose experience as a former CFO makes him an invaluable advisor and whose sincerity and kindness inspires us all. 

I’m honored to join them on this journey, and it’s not a decision I made lightly.

Time is a precious commodity. We can’t buy more of it. My family time is incredibly important to me, so why would I accept a role that will undoubtedly include long hours, some stress and sleepless nights? Because I believe Everee is special. It’s an opportunity for me to extend our family and build something meaningful with people we’ll consider life-long friends. I’m excited to be in the trenches with talented, good humans who will work hard to make the world a little better through this business. 

If you’d like to chat about what we’re doing, give me a shout. I know it’s going to be a great ride, and I can’t wait to see what comes next.