Like most great origin stories, ThreadKore started in a bar. Years prior to joining the home building industry, I worked as a consultant for a variety of privately held companies. One exceptionally inquisitive client, a homebuilder, kept offering to buy drinks or dinner in exchange for a sounding board. Over time, I posed detailed questions challenging his understanding of cashflow, return on equity versus straight profit per unit, and with every unanswered question a yellow notepad got another line of scribble.
Four months later, I accepted a role as his CFO. Day one, he presented me with all the unanswered questions and asked when we could start answering them. In short order, I saw why these questions were so difficult to answer. Countless spreadsheets and various software tools tracked pieces of the business, while paper files and emails accounted for the rest. Immediately, I realized I needed a solution.
Three years after the bar and the yellow notepad, ThreadKore hit the scene. Tackling communications (especially from the field), then document management, accounts payable, accounting, budgeting, warranty/customer care, and everything in between. As new clients joined ThreadKore, new tools and best practices emerged, and the evolution continues to this day.
And some days, we still hit the bar.
– Mike
