An entrepreneur with nearly three decades of experience, Theodore (Ted) Catino is the co-founder of the GigSmart mobile application. Ted Catino’s accomplishments as an entrepreneur earned him recognition as the EY (Ernst & Young) Entrepreneur of the Year in 1995.
The EY Entrepreneur of the Year program recognizes entrepreneurs with the drive to develop new world-changing solutions. In addition, the honor recognizes the efforts of individuals who create products and services that cause forward momentum in the economy. Those nominated for Entrepreneur of the Year benefit from increased awareness of their brands through exposure to judges, sponsors, other entrepreneurs, and the public.
Eligible candidates for EY Entrepreneur of the Year include leaders, founders, and CEOs of public and privately held companies established at least three years prior to the nomination. A panel of independent judges selects winners in multiple industry categories and presents the honor during the Entrepreneur of the Year US Awards Gala.
The cofounder of GigSmart, Theodore “Ted” Catino has more than two decades of experience in finance and entrepreneurial investments. Ted Catino previously served as the chief executive officer of Security National Automotive Acceptance Corporation (SNAAC), an auto financing company in Ohio that primarily serves military personnel. Although he sold the company in 2011, SNAAC has continued to experience success and was listed among Enquirer Media’s 2016 Greater Cincinnati Top Workplaces.
The Top Workplaces list consists of an annual compilation that highlights the best places to work throughout the country based entirely upon employee feedback. While the primary list includes companies located nationwide, Enquirer Media also releases regional lists. The organization works with research firm WorkplaceDynamics to compile the listing and begins seeking nominations for top workplaces in November.
WorkplaceDynamics takes over the process after nominations are made by inviting nominated companies and other organizations in the region. The firm conducts surveys that collect feedback from employees regarding their place of employment and collaborates with major publishing partners across the United States to administer regional Top Workplaces programs.
The recipient of a bachelor’s in accounting from Miami University in Oxford, Ohio, Theodore "Ted" Catino is an entrepreneur with decades of experience. Ted Catino's latest venture is GigSmart, a mobile application that helps employers and employees better navigate the ever-expanding gig economy.
A recent study from Emergent Research and Intuit projected that by 2021, some 9.2 million Americans will have jobs in the gig economy, the name given to the employment sector encompassing on-demand freelance work obtained through companies like Uber, Airbnb, and TaskRabbit. As of 2016, an estimated 3.9 million Americans were gig workers, and that number is projected to rise steadily over the next five years. By the end of 2017, as many as 4.8 million Americans will have some form of gig employment, which is greater than the number of people who work in the information sector and only 2 million fewer than the amount of workers in construction.
The rapid rise of the gig economy has helped businesses such as Intuit, which produces TurboTax and QuickBooks. On May 24, the company's stock reached an all-time high thanks to an increasing number of freelance workers requiring the use of its services.
Three years later, they bought out the investor and established lines of credit for $500,000. This amount grew over 25 years to some $300 million. The company eventually built ties with several thousand dealers in 30 states and hired 125 employees.