Episode

16 Aug 2024 · 40 min

0:00

EA Interviews episode 516 (guest: Tyler Young, CEO of Versytech/Bold and Tonic). Tyler recounts how he entered payment processing as a young entrepreneur and bootstrapped a merchant portfolio into his own company. He explains industry shifts — from payment services as a commodity to modern POS platforms that act as business operating systems — and positions Tonic as a POS sold through local VAR partners to provide rapid, on-site support for hospitality merchants. The conversation emphasizes reliability, the cost of downtime, and why local support matters. Tyler also shares personal stories that shape his people-first leadership: his brother's leukemia and recovery, his motivations for building culture, company growth (from ~16 employees in 2021 to ~90 staff and 200+ partners), and his call for leaders to connect and praise their teams. Closing remarks invite listeners to follow Tonic/Bold and Tyler online.

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