Evan Carmichael

Our alumni community is over 14,000 members strong. From Toronto to New York City to Hong Kong and beyond, our graduates are making their marks in businesses and communities around the globe. We are exceptionally proud of all of our grads and are excited to share their stories. 

Featured Alumni Profile

Evan Carmichael, BCom ’02

Evan Carmichael (B.Com. 2002) knew that business was what he wanted and at the University of Toronto in the Rotman Commerce program, he gained the education and experience to become a successful entrepreneur, while helping others to foster their love of business.

Carmichael came from a family of U of T graduates, so it was his first choice for a post secondary degree and the high ranking Rotman Commerce program was the obvious choice.

During Carmichael’s third year in the program he worked with his marketing professor and two molecular biology graduates to create Redasoft, a biotech software company. “My professor gave me great advice and I teamed with two graduates who had a great product and used my knowledge in business to get the company up and going,” says Carmichael. The company gained customers in 30 countries (including NASA and Johnson and Johnson) and then sold to a subsidiary of Hitachi in 2005.

The ability to start his own business while still a student provided Carmichael with the confidence to become a full-time entrepreneur after graduation. Carmichael founded www.EvanCarmichael.com in 2005, Canada’s most popular website for entrepreneurs. The site provides information from famous entrepreneurs such as J.K. Rowling, Donald Trump and Wolfgang Puck to mention a few, and has real advice from startup business owners and specifics on any facet of business that one would want, including bank loans, productivity and insurance. It also provides an online entrepreneur community that includes blogs, forum topics and event listings. It is no surprise that the site attracts over 400,000 visitors every month.

When asked what the benefits are of owning your own business, Carmichael has a lot to say. “I bought an office five minutes from my home, I make my own hours, I work on projects that I’m passionate about and I hire and work with people I like, all while making more money than I could working for someone else,” he says. “…and I don’t ever have to worry about getting fired!”

As busy as Carmichael is, he also makes time to give back and help others. Most recently, he was involved in the Rotman Commerce Envision 2009 conference where current business leaders are invited back to campus to judge student business plan competitions. “It was great to see the student creativity and the skill at which they were able to present their ideas.”

When asked what he would say to encourage other alumni to get involved Carmichael says, “Think about the people who have mentored you and given you the advice to become who you are today, a little bit of time invested can help change the life of a current student and it’s rewarding for both involved parties.