An entrepreneur and philanthropist, Tim has started two successful businesses along with The Business of Good Foundation. Tim earned a bachelor of arts in 1975 and a master of business administration in 2007, both from The Ohio State University. He also received the Ernst and Young's Entrepreneur of the Year and OSU's Fisher Business School Alumnus of the Year for Community Service.
His first company, WorkPlace Media, is the largest at-work consumer media company in the United States according to LEK Consulting, a national media research company. Started in 1988 and sold in 2007 to private equity (Riverside Company), WorkPlace continues to serve national clients such as Nestle, McDonald's and Goodyear. The second is Raising Cane's of Ohio, started in 2003 with his son, Tim, and partner Roy Getz, which has grown to 8 restaurants grossing over $15 million in 2010.
The Business of Good Foundation is an engaged philanthropic organization that was created from McCarthy's passion for “serving those who serve the poor.” The Foundation's assistance takes the form of coaching, consulting and other business related support to nonprofits that help economically and socially disadvantaged people build their self esteem and personal empowerment through education, employment and entrepreneurship.
McCarthy now resides in Ashtabula with his wife, Alice. They have three grown children, Tim, Kevin and Caitlin.