From Deseret News archives:

From Mrs. to CEO: Former BYU student has become a successful entrepreneur

Published: Sunday, July 13, 2008 12:08 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
SOUTH JORDAN — Amy Rees Anderson types fast, speaks fast and tells jokes fast.

In a little more than a decade since she started as an entrepreneur, she has raised more than $50 million in capital for various companies.

She's now chief executive officer of South Jordan-based MediConnect Global Inc., which last year ranked No. 311 among the 500 fastest-growing private companies in America, according to Inc. magazine. Rees Anderson works long hours at her company, whose employees in India and Utah digitize and save medical records. She also balances a family life with her work and is raising two children, ages 15 and 12.

It isn't the life she initially envisioned for herself back when she was attending Brigham Young University.

"I came to BYU to get my 'Mrs.' degree and managed to get that quite quickly," she says. "Typical Utah story."

She was engaged when she was 19, married by the time she was 20, had her first child by age 21, and her second by age 23.

"By the age of 29, I was divorced," she says. "I had two kids and was on my own. It was a scary thing. I had to start over."

Story continues below
And she did: She has gone on to become one of Utah's most notable entrepreneurs. In the past couple of years, she has been recognized as an entrepreneur by Ernst & Young, the Utah Chapter of the Association for Corporate Growth, vSpring Capital and MountainWest Capital Network. She sits on the board of the Governor's Office of Economic Development, Utah Valley University's Woodbury School of Business board, the University of Utah South's Asia Advisory Board, as well as the University of Utah Technology Commercialization board and the Salt Lake Chamber board.

But her path had inauspicious beginnings.

When Rees Anderson was 24, she had two small children and wanted to work from home. She obtained the license to sell and install scheduling and records software in doctors' offices.

"Her entry into the venture world began in her provincial garage," said Tim Layton, managing partner with Sorenson Capital, at a recent gathering for the MountainWest Capital Network's Entrepreneur of the Year award, which Rees Anderson received. "She started with $23,000 and conviction."

As Rees Anderson sold the software, she became frustrated by its limitations. She tried to acquire the rights to change the software, but was unsuccessful, and then hired computer programmers to design a new Web-based software program.

She eventually moved from a house filled with programmers at kitchen tables and living room sofas to their own place after raising $12 million a few years later, Layton said.

She sold the company in 2002.

Recent comments

Like any successful CEO, they have many critics. It's probably just a...

Jealous | July 16, 2008 at 12:08 p.m.

I am not from Utah but I perhaps know Amy more than many from Utah...

Kumar | July 15, 2008 at 2:14 a.m.

Safe to say that it is impossible to please everyone. It seems to me...

Ed Clinch | July 15, 2008 at 12:32 a.m.

Image

Amy Rees Anderson is CEO of MediConnect Global Inc., which last year ranked No. 311 among the 500 fastest-growing private companies in America.

Related content
previousnext

Latest comments

You are the reason the republicans lost all power in the last election. I am...

Rather than knocking their heads together, just ignore them.

Letters: Talk-radio swindlers

Under Bush, we can all look forward to military aggression, deregulation of...

run Scott run!!!!

What exactly were Nephite interpreters?

ONe more thing. The use of the word Christ is also the wrong word to use as...

2 more in GOP may challenge Bennett

we have about 2/3 of the US senate as attorneys now. Do we need another one?...

Utah Jazz: Miles has cast removed

It's the Jazz coaching and play.

Letters: Gale's been taken in

I like to think of them as the "Pied Pipers of A.M.-land". Paid well to...

Hunter showed class and discipline when it appeared they were losing it in...

The CBO reported a tort reform would "save" $54 billion over 10 yrs. Many...

Advertisements
Advertisement