A snippet of a press release from 2011.
Introduction
In the world of entrepreneurship, success stories are aplenty. One such inspiring tale is that of Richard Keenlyside, a visionary entrepreneur who not only built a successful company but also managed to sell it at the right time. In this blog post, we will delve into Richard Keenlyside's back story and explore how he accomplished the remarkable feat of selling Touch Logic Ecommerce in 2011.
Richard Keenlyside's Back Story
Richard Keenlyside's entrepreneurial journey began with a strong passion for technology and a keen eye for business opportunities. From a young age, he displayed a knack for problem-solving and innovation, which eventually led him to start his own venture. Richard was appointed IT Director for J Sainsbury's PLC following the acquisition of Bells Stores Limited in 2004, which provided Richard the expertise in scaling businesses.
The Birth of Touch Logic Ltd (Ecommerce)
In 2005, Richard Keenlyside founded Touch Logic Ecommerce, a cutting-edge e-commerce software company. With a team of skilled developers and designers, Richard set out to develop a platform that would provide businesses with a seamless and highly customisable online shopping experience. Touch Logic Ecommerce quickly gained recognition for its innovative features and user-friendly interface, attracting a wide range of clients from various industries.
Selling Touch Logic Ecommerce Software in 2011
In 2011, Richard Keenlyside made the strategic decision to sell the Ecommerce software developed by Touch Logic Ecommerce. This move was not only driven by a desire to explore new opportunities but also by the belief that the company had reached a stage where it could benefit from the resources and expertise of a larger organisation. Richard carefully selected a buyer who shared his vision and had the capacity to take the company to new heights.
The sale of Touch Logic Ecommerce was not just a financial success for Richard but also a testament to his entrepreneurial skills and ability to build a valuable business. It was a bittersweet moment for him, as he had poured his heart and soul into the company. However, Richard saw the sale as an opportunity for growth and a chance to pursue new ventures, which is when Intology Ltd was formed.
Conclusion
Richard Keenlyside's journey from humble beginnings to successfully selling Touch Logic Ecommerce is a testament to the power of determination, innovation, and strategic decision-making. His back story is a reminder that great entrepreneurs are not only driven by financial success but also by the desire to make a lasting impact. Richard's story serves as an inspiration for aspiring entrepreneurs who dream of building their own successful ventures and leaving a mark on the business world.