Wayne Cartmel, Founder & CEO at MyNewTerm
4.4/5 Rating
Edu
Approx. 540,000 USD/mo
Approx. 6.5 Million USD ARR

Wayne CartmelFounder & CEO

In this interview, MyNewTerm founder and CEO Wayne Cartmel discusses the challenges of building a bootstrapped applicant tracking system and job board for the education sector. Cartmel shares the company's origin story, explains the complexities of England's multi-academy trusts, and details the go-to-market strategies that helped MyNewTerm secure forty-five percent market share. He also reflects on managing technical setbacks, balancing entrepreneurship with professional football refereeing, and the future of EdTech.

Wayne Cartmel

Wayne Cartmel

Founder & CEO

MyNewTerm

MyNewTerm

Founder Stats

  • Edu
  • Started 2015
  • Approx. 540,000 USD/mo
  • 50+ team
  • Silsoe, Bedfordshire, United Kingdom

About Wayne Cartmel

Wayne Cartmel is the founder and CEO of MyNewTerm, a UK-based applicant tracking system and education job board established in 2015. A graduate in business and a former secondary mathematics teacher, Cartmel launched the platform to address the inefficiencies of paper-based job applications in schools. In addition to leading MyNewTerm's nationwide expansion, he is a qualified professional football referee in England. Under his leadership, the bootstrapped company has grown to serve over six thousand schools.

Interview

August 6, 2026

Q

What is MyNewTerm, and who are the primary users of the platform?

Question 1 of 17
Wayne Cartmel

MyNewTerm is an applicant tracking system and jobs board built specifically for the education sector. We partner with over six thousand schools and five hundred multi-academy trusts in England, handling job applications for teachers and non-teaching roles like site agents and teaching assistants.

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Q

How does a multi-academy trust operate compared to traditional local authorities in England?

Question 2 of 17
Wayne Cartmel

Multi-academy trusts are groups of schools operating under a centralized legal structure. Unlike the old system where county local authorities ran schools, trusts centralize operations like finance and HR, allowing schools to benefit from economies of scale and run more efficiently.

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Q

What initial frustrations as a teacher inspired you to create MyNewTerm?

Question 3 of 17
Wayne Cartmel

When applying for math teaching jobs, I was shocked by the archaic recruitment process. I had to fill in lengthy word documents and paper forms by hand repeatedly for every single school. I could not believe a digital solution did not exist, so I decided to build one.

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Q

How did your first attempt at building the company fail, and what did you learn?

Question 4 of 17
Wayne Cartmel

I won fifteen hundred pounds in a startup pitch competition and naively tried to build the software without technical skills. I lost my savings and realized after nine months that it was a total failure. I went back to teaching but resolved to try again with a proper technical partner.

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Q

How did you find your co-founder and Chief Technology Officer during the early days?

Question 5 of 17
Wayne Cartmel

On my second attempt, I won a five thousand pound government innovation voucher. I placed an advertisement at a local university computer science department looking for volunteers. I interviewed several people and found our CTO, who has been with me for ten years now.

0
Q

Why did you decide to bootstrap MyNewTerm rather than seeking institutional venture capital?

Question 6 of 17
Wayne Cartmel

It never crossed my mind because we were so small and unsexy that no bank or venture capitalist would have given us money. I realized the only way to make it work was to back myself, get into personal debt, and fund the software development out of my own teaching salary.

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Q

What strategies did you use to get your first schools on the platform when they ignored you?

Question 7 of 17
Wayne Cartmel

I hand-wrote letters to the ten most local schools asking for feedback, and only one replied saying they were too busy. I realized how hard sales would be, so I offered the system for free to a small cluster of local schools to build relationships and show them it worked.

0
Q

How did you overcome the initial trust and compliance barriers in the education sector?

Question 8 of 17
Wayne Cartmel

Schools are highly risk-averse because of strict legal requirements around child safety in education. They did not trust our digital process and preferred their familiar paper forms. We had to work closely with our early users to prove our digital compliance and build trust.

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Q

Why did you decide to offer MyNewTerm for free during the initial rollout?

Question 9 of 17
Wayne Cartmel

No school would pay for a new, unproven system that had no candidates using it. Since it is a two-sided marketplace, we needed job openings to attract candidates and candidates to attract schools. Giving the software away for free was the only way to start the marketplace flywheel.

0
Q

How did the COVID-19 pandemic affect your growth trajectory and product development?

Question 10 of 17
Wayne Cartmel

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.

0
Q

How did you rebuild client trust after a hosting provider deleted all your data in 2020?

Question 11 of 17
Wayne Cartmel

It was one of our hardest moments. Our hosting provider had a technical error and wiped all our customer data. We were completely honest with our schools. Because we had built strong personal relationships, every single client stayed with us and renewed their subscriptions.

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Q

How does your experience as a professional football referee help you manage business challenges?

Question 12 of 17
Wayne Cartmel

Refereeing professional matches in front of thousands of screaming fans teaches you how to manage conflict, handle extreme stress, and make quick decisions. It builds immense resilience. Going out on the pitch on weekends acts as a release from the pressure of running a startup.

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Q

What is MyNewTerm's current customer acquisition and sales motion?

Question 13 of 17
Wayne Cartmel

We have a dedicated sales team, go to conferences, and run outbound campaigns. However, our main driver is word of mouth. Education is a close-knit sector. Our high customer satisfaction and ninety-eight percent retention rate mean clients constantly recommend us to peer schools.

0
Q

How is MyNewTerm incorporating artificial intelligence into the platform for candidates?

Question 14 of 17
Wayne Cartmel

We use AI to help candidates parse their resumes and automatically complete their professional profiles. Since candidates only need to enter their profile details once to apply to multiple schools, AI makes the application process significantly faster and easier.

0
Q

Why do you reject the private equity playbook of aggressive price increases?

Question 15 of 17
Wayne Cartmel

We are serving schools that are educating children, and they need to get a great return on investment. If you do not provide great service and invest in the product, someone else will displace you. Not having investors means we control our destiny and do the right thing.

0
Q

What is your long term vision for MyNewTerm and the UK school system?

Question 16 of 17
Wayne Cartmel

I want to keep building the business and achieve our founding goal of standardizing the school application process across England. Since we have built a successful, self-sustaining business without external pressure, we can afford to stay focused on serving our schools for the long haul.

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Q

What is your number one piece of advice for non-technical founders starting a software business?

Question 17 of 17
Wayne Cartmel

I wish someone had told me that building the product is the easy part. The real challenge is distribution, sales, marketing, and the go-to-market motion. Nowadays, you can build a product cheaply with AI, but you must be disciplined and resilient enough to survive constant rejection.

0

Video Interviews with Wayne Cartmel

Former Teacher Built a Market-Leading School Hiring Marketplace

Former Teacher Built a Market-Leading School Hiring Marketplace

Former Teacher Built a Market-Leading School Hiring Marketplace

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