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Upon selling his cable company, Phil ventured into other businesses including a video rental company and a one-hour photo store. Both of these endeavors were ahead of their time since in 1982 neither types of businesses had yet to become a mainstay in American lives. Proving once again that Phil was ahead of the curve. After being is business for himself for more than 20 years, Phil recognized the fact that he wanted to learn more about the financial arena, and thus the genesis of myCompounder. He began reading everything he could get his hands on. Theory after theory, chart after chart, he always went back to the simple question, "Where are the formulas for these charts?" Where do these numbers come from?" More and more investigation convinced him that, in general, we are a financially defunct society! He talked to many members of his community and found that more often than not individuals simply had pieces of financial information, more like tips to success than any great understanding. The missing piece seemed to him the ability to calculate numbers that apply to individual financial situations. Frustrated by the complexities of business calculators, he manufactured his own, and myCompounder was founded. Phil is committed to sharing his knowledge. He is not a financial planner, an accountant, or a professor of finance. He is an entrepreneur with the incredible knack for understanding society, assessing its need and filling it with a technology. The financial calculator is more than a commercial product, though, it is his life's passion. Today, people are given the quick fix instead of a permanent and real solution. They are advised to log on to this site, contact this advisor, take this expensive seminar and they're told their financial future will be set. Rarely is it suggested that you purchase a money measurement device along with these things. People are led to believe that they are not "smart" enough to use a financial calculator in their day-to-day financial purchases and decision making. But myCompounder develops confidence and gives clarity to these "complex" financial workings. Philip Gillespie has a vision to educate. He has a mission for every high school senior to graduate with a financial calculator. To that end, he cares little if it is with myCompounder. Our future will be written in the success of our young people to possess financial knowledge and the financial tool to measure it! myCompounder is committed to be there the entire way. |


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myCompounder was founded in 1995 by entrepreneur Philip Gillespie (pictured left), a Chicago native and graduate of DeVry Technical Institute majoring in Electronics. Even as a young boy, Phil had a strong desire for acquiring knowledge of innovative technology and sharing it with others. It is this quality that made him a successful pioneer as one of cable TV's first franchisee owners in 1977, showcasing his ability to be on the leading edge of social trends. |