How did the COVID-19 pandemic affect your growth trajectory and product development?
Replied byWayne Cartmel
Founder & CEO at MyNewTerm
Niche: Edu
Revenue: Approx. 540,000 USD/month
Location: Silsoe, Bedfordshire, United Kingdom
Started: 2015
When the pandemic hit in March 2020, schools shut down and hiring stalled for nearly eighteen months. It was a very difficult period that nearly ruined us, but we pivoted to targeting multi-academy trusts and doubled down on product development while keeping our costs low.
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