About the Author
Tim Reed became Chief Executive Officer of Australasia’s largest business management software provider in 2008, after gaining deep operational insights over five years in management roles including Managing Director, MYOB Australia and Group Product Executive.
In these roles he oversaw the Australian business’s growth and its expansion into online services, a journey that continues today in Australia and New Zealand. Tim’s strengths centre on his ability to develop and drive strategy, particularly when marrying technology and business.
Tim has an exceptional management career spanning the markets of Asia, Europe, the United States and Australia. Before his career with MYOB, he lived and worked in Silicon Valley where he held senior management roles in sales, marketing, product management and finance within a number of different companies in the fast paced global technology and internet markets.
One significant role was Vice President of Product Strategy, Marketing and Business Development for Elance Inc, a leading platform for online employment, where he took the strategic lead in positioning new services procurement and management solutions to win premium Fortune 500 accounts including FedEx and GE.
Tim also played a pivotal role at CMGI company Engage I/PRO as Vice President of Marketing and Business Development, growing its revenue and blue-chip client base by forming key client relationships such as AOL/Netscape, Yahoo!, Disney and The New York Times. During this time he was a founding member of the Internet Advertising Bureau where, along with other internet pioneers, he wrote the first set of advertising measurement standards for the Web.
Tim received his MBA from Harvard University, graduating as a Baker’s Scholar, and holds a BCom degree from the University of Melbourne, graduating with First Class Honours.
Along with spending his days overseeing MYOB operations, Tim is a part owner and board member of EHM (Executive Health Management). These roles combined provide him with a well-rounded perspective on the needs of Australasia’s business owners.
He says, “I love the journey we are on at MYOB - helping SMEs build stronger businesses by leveraging the internet. From web hosting to online accounting solutions, we have a great opportunity to bring this vision to life and have a big impact on many businesses.”
This Thursday, I will be doing a first of hopefully, one of many experiences. I will be leaving the comforts of my bed to sleep outside with hundreds of CEOs as part of the CEO Sleepout campaign. This is a great yearly campaign organized by the St Vincent de Paul society (Vinnie’s) to raise funds for the homeless.
I’m excited to share with you that we’ve just completed the purchase of New Zealand accounting solutions provider BankLink. This marks a significant milestone in MYOB’s online accounting journey.We announced our intention to acquire it mid last month. It’s a huge win and a strategic move for both companies. Everything we do at MYOB goes back to our vision and the philosophy that we have held for more than
Nearly 70% of all businesses in Australia are family-owned, whether that’s the local news agency run by a husband and wife team, through to the mid-sized, father and son construction company. Ideally, tonight’s federal budget annoucement should cater for family-owned small businesses. It’s no secret they have a significant impact on our economy. More than 2.1 million small businesses employ over 4.8 millio
I love the start of a new year. It’s a time to think about possibilities, dream of what can be done and then get cracking to make them happen. Generally, I take 2 weeks off over the Christmas to New Year period (running a business that is based around financial year end makes this possible). That means when I return, the hits and misses from the old year are behind me and there are only open fields and oppor
Launching new products is always exciting. MYOB AccountRight Live is the next generation of MYOB’s flagship small business product and it is now generally available to Australian and New Zealand small businesses. This next generation solution is an Australian first for online accounting; you now have the freedom to seamlessly switch between working on your business data locally (offline) and in the cloud (onli
MYOB is proud to offer the widest range of support options in our industry; including phone, email, community forum, Live Chat and social media. And now we’ve expanded the breadth of support options to help businesses operate anywhere, anytime. We've launched 24x7 customer support for small business accounting, payroll and point-of-sale products. As our technical support has always been, it is free for our Cov