
Tuesday, November 6, 2007
The Weiss Tech House and Ware College House Entrepreneurs Hall cordially presents:
Mr. Andrew McKelvey
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Principal, Blackfin Capital Founder, McKelvey Foundation Ex-CEO and Chairman, Monster Worldwide (Monster.com) Founder, Telephone Marketing Programs (TMP Worldwide) Time: 6-8pm Location: Hall of Flags, Houston Hall |
Come hear the success stories of this legendary entrepreneur, who will also be sharing with us how he made Monster.com the most successful online job posting company in the world. Food will be served.
- Andrew McKelvey founded TMP Worldwide in 1967 while attending Westminster College in PA. Today TMP has become the largest independent firm focusing on recruitment advertising and communications.
- TMP bought Monsterboard and Online Career Center in 1995 and merged them as Monster Worldwide for an initial public offering in 1996.
- Launched Monster.com in 1999.
- TMP became the largest recruitment-advertising agency holding company in the world.
- Founded the McKelvey Foundation in 2000 supporting college students’ education.
Andrew McKelvy's Bio
A boy's dream becomes a man's mission.
In 1949, fourteen-year old Andy McKelvey purchased fresh eggs from a farmer in southern New Jersey and sold them from his wagon for a profit of 10 cents per dozen. That $3 a week profit would lay the foundation for a lifetime of entrepreneurial success.
TMP
While attending Westminster College in Pennsylvania, Andy reopened the local movie theater, convinced an art history professor to screen his fine arts series there, and made it mandatory for all art students to attend. In 1967, with neither capital nor clients, he founded Telephone Marketing Programs (TMP), focusing on the niche market of yellow page advertising. TMP would capture nearly 30% of the U.S. yellow pages advertising market and in the 1990s it expanded into recruitment advertising and became the acclaimed job search engine Monster.com.
With sales of more than $1 billion and earnings of nearly $57 million, online recruitment powerhouse TMP is also a top recruitment advertising services firm and executive search and selection agent.
Monster.com
Monster.com is the number one job placement World Wide Web site and one of the 100 most visited Web sites. Mr. McKelvey launched Monster.com in January of 1999. According to Doug Donovan, writer for Forbes, it was Monster's success that allowed McKelvey to achieve billionaire status. "He ended up making more money in three years than in the three previous decades." By 2000, Monster.com had grown into an online career gateway with a series of Web sites in the U.S., Canada, Australia, Belgium, England, France, Germany, Hong Kong, India, Italy, Ireland, Luxembourg, the Netherlands, Singapore, Spain, and New Zealand. More than seven million users had registered at the site.
McKelvey Foundation
And in 2000, he believed it was time to give back. The McKelvey Foundation was created to offer young people the benefits of a college education without the burden of debt many students face after graduation.
In 2006, the Foundation introduced its entrepreneurial scholarship program, providing e-scholarships to 10 young business owners. In 2007, 52 students received e-scholarships, and in 2008 the goal is 100. All in all, the McKelvey Foundation currently supports over 600 students achieving a better future.
As Andy puts it, "Entrepreneurs take advantage of what many people don't even have the vision to realize or the dedication to pursue. From education, to the arts, to the business world, entrepreneurs have greatly impacted the world in a variety of ways throughout history. Many have built empires from scratch. Others have risked much in pursuit of a dream. All have managed to dramatically change both their own lives – and ours. Whatever it is, it's made you realize just how possible the impossible may actually be. All you need is the right mind-set and what I feel is the secret to success: timing.”






