MyVoucherCodes.com is a website that is every online shopper’s best friend. It is full of shopping codes that gives the best deals to its members for thousands of different retailers. The site gave people discounts on the things they wanted and needed, with no catch. The man behind this multi-million dollar company website is the Coupon King of England, Mark Pearson.
Pearson was born in 1980 and grew up in Liverpool in the wrong side of town. When he was ten years old, his stepfather abused his mother. Pearson, his mother, and his sister stayed at a woman’s shelter after the incident, and that was when he realized that it was up to him to look after his family. At 16, he dropped out of school to work. He took up a place at a local catering college. He entered and won a nationwide cooking competition. And at age 18, he worked his way up to a job at the five star hotel, Claridge’s. He began his career in Gordon Ramsey’s kitchen, earning around $20,000 a year. He continued in the restaurant business, afterwards even owning his own chain of restaurants and also tried several digital businesses and marketing.
Pearson’s life changed one day in 2006 when he wanted to buy a train ticket. He looked everywhere online for a discount, and thought, why wasn’t there an easier way to do this? What if there was just one place for all discount codes instead of rifling through a dozen different sites and not finding anything? That’s when he came up with the brilliant idea of myvouchercodes.com. One idea and $450 later, and he was already well on his way to success.
My Voucher Codes was launched in November of 2006 when Pearson was 26. It was UK’s first discount offers website. He ran this website at his own convenience from his bedroom up until 2009, when he opened an office in Croydon. Pearson also quickly figured out what worked best on his website. Fashion discounts were often his site’s most popular search, so he tried to make those readily available at all times.
One year from founding, myvouchercodes.com went from $446,000 to $1.5 million, and the year after that the profits grew to $4.5 million, then another year later $7.4 million, and the year after that it grew to an incredible $15 million. Pearson bought out a rival company, VouChaCha for $9 million, among several other investments. In 2014, MyVouchercodes.com was bought by mobile payment company, Monitise, for a whopping $82 million.
Pearson’s net worth currently is $100 million. He was a man who started out with nothing, and propelled his way to becoming a millionaire. However the most important thing to him after all of this is that he was able to look after his mother and sister, buying each of them their own house. He also gives back to the community by helping out disadvantaged young people, showing them that success can be achieved by anyone and they can change their lives for the better.