Search for episodes from National Center for Women & Information Technology with a specific topic:

Latest episodes from National Center for Women & Information Technology

Interview with Kate Matsudaira

Play Episode Listen Later Mar 22, 2015 17:53


Audio File:  Download MP3Transcript: Lucy Sanders:  Hi. This is Lucy Sanders. The CEO and co‑founder of NCWIT. The National Center for Women and Information Technology. With me is Larry Nelson, W3W3. Hi Larry. Larry Nelson:  Hi. I'm happy to be here, of course. This is a wonderful series. Everything will be posted on w3w3.com, and on our blog and our podcast directly in addition to the ncwit.org site. Lucy:  Yeah. It's exciting today. We're interviewing somebody who has been a leader in the tech sector for a many successful efforts, including start ups that required by companies we've all heard off like eBay. While you've heard of them, Kate Matsudaira is the founder now of Popforms, which is a pretty cool company for all you go‑getters out there, self starters who are really eager to use some neat tools around empowering your own leadership around growing successful teams, engaging people, etc. We'll hear more about Popforms in just a moment. Kate is a very interesting and accomplished person, an author, a speaker. One of my favorite things she does is she sits on the board of ACMQ. Now, this is a test. I don't how many people know what ACM stands for. ACMQ is an editorial board for the association for computing machinery, which is a very old and very large professional society for us computing people. I one time had the honor of speaking to the ACMQ Board about voice over IP. Larry:  All right. Lucy:  It was a long time ago. Kate's very technical, CTO, lots and lots of technology skills like cloud computing and distributing systems and everything else. We're just really thrilled to have you here Kate, welcome. Kate Matsudaira:  Thank you so much for having me. It's an honor to be on the show. Lucy:  We have a lot of different kinds of questions to ask you about entrepreneurship, but let's just start first with technology in general. You're a very technical person. How did you first get into technology? Maybe you could share just a bit with listeners about the things you see that are particularly interesting and are emerging, in terms of technology. Kate:  Well, I first got into technology when I was a kid. I always loved math and science and figuring things out and I remember having a microscope as a child. There was a pond where we lived and I would go get pond water and put it under there and there was all these things crawling in it and I thought it was the craziest thing that you could see all these weird things swimming in the water. I always remember that was one of my earliest experiences with science. Then, just the passion for science and technology. I ended up studying computer science in college, largely because it was my favorite set of classes. I just felt like it came really natural to me. When I did my computer science, it never felt like work. It was like the stuff I would save for last because I like doing it so much. It's kind of a natural thing for me to study. In terms of cool technology trends, well I'm really into wearable computing. I was complaining the other day that my computer...I have a MacBook with a solid state drive, and I was running out of space. I'm like, "I got to get a newer computer because I need to store everything. I remember when my hard drives weren't even a gigabyte. It's just amazing to see how fast technology has grown and how it has empowered so many cool things. I love the wearable tech and just all the things that you're going to able to do when computer gets smaller and faster, and there's more memory and more power processing and things like that. The applications are just mind blogging, so it's really my thing. Oh, and 3D printing and laser cutting are other really cool technology application. I'm really into physical goods. How technology bridges that gap I think is fascinating. It's going to be really interesting to watch over the next few years. Lucy:  Well, just sort of a follow up to that. We just got a 3D printer here at NCWIT. We're very excited for MakerBot, great company. We've interviewed MakerBot before Jenny Lauten. Somebody told me, I haven't verified it, that you can now go get 3D printed dress online. Larry:  Whoa. Lucy:  I believe it when I see it. That's classic, right? Larry:  Yeah. [laughs] Lucy:  I don't know what's that like. Anyway, we really love wearables also. Wearable computing is such a great way to teach kids about computing. Larry:  Before we get into all the different thoughts and questions that we have that you're going to help our audience with, could you give us the latest in Pop Forms? Kate:  Yes. What we do at Pop Forms, we like to say we help super stars shine at work. What we're essentially trying to do is bridge the gap that exists...Right now, if you're an executive or a really senior leader and you want to better at your job, there's all kinds of things you should do. You can spend thousands of dollars going to leadership training, seminars, conferences or hiring a coach. If you're just a high potential employee and you really want to advance in your career and you have a smaller budget, what exists for you today? We're really focused on online education around helping people be better leaders, be more productive and just kind of shine and do amazing on their job. Lucy:  Give one example, perhaps, of a kind of things that people can do at your site. Can people come to your site and learn? Kate:  We have a lot of different courses on topics around getting things done, around improving your communication skills, on being a better public speaker or pitching and to speak at a conference. All those kind of soft skills are what we focus on. We have a lot of, what we call, our leadership sparks that are focused on weekly lessons that take less than 5 to 10 minutes to do, to help you build those skills over time. Instead of one course that's hours, and hours that you might not complete, we try to partition it out in small actionable pieces. Larry:  You've really answered this next question that I have in my mind, but let me just see if I can rephrase it. Now, just why is it you are an entrepreneur, and then what is it about entrepreneurship that makes you tick? Kate:  Let's see. I am an entrepreneur because when I first started my career, I thought I wanted to work the corporate ladder, and I was promoted a lot by companies like Microsoft and Amazon. I started off as an engineer, became a manger, and then a senior manager and so forth. I realized, as I was climbing the ladder, that what I really wanted to do was not just be in charge of the technical team. I really wanted to be involved with strategy, and I wanted to learn the business. The only way I saw that could really happen was to join a small company, and that really started my passion for start‑ups. I've been on the team of three successful start‑ups as you mentioned in my interaction, and now I do own start‑ups. I just love, when you get the ability to work with customers, to build products, to make the money. All of those things are very fun, and it really caters to my desire to learn all these new things, and constantly be pushing myself and challenging myself in a new way. Lucy:  It's the variety of tasks that entrepreneurs... Larry:  Yeah. Lucy:  Have to do that... Kate:  Challenges too. Lucy:  And challenges. Yeah, exactly. On your entrepreneurial path, who influenced you along the way ‑‑ mentors, or others potentially? What kinds of help did you get along the way? Kate:  I've had a lot of help, including from people who didn't necessarily even know they were my mentors. There's a ton of resources on mind. There's philosophies you can follow, but I also have some people who I'm very close to that I've learned from. Binders to my company are, one of them is named Dan Shapiro. He's had several successful companies. He's the one I've looked towards. Another one is Ethan Shot. His metrics is also in several successful companies. They're people that I follow, and use as my own personal advisory board, but there's also a ton of other people. Just looking at Sheryl Stenberg, and looking at the people who are even just executives in the bigger companies that have had a lot of success, and being them, and being able to emulate the things that you like, the things that you don't like. Even from afar, you can learn their philosophies, and the way they do things. You always take the best of what you see, and integrate it into your life. Larry:  Yes. Wow. I have to ask this, Kate. You have done so many different neat things. You've helped companies grow, you've grown your own company. What is one of the toughest things that you've had to do in your career? Kate:  I think it's letting people go. It's the hardest thing. Lucy:  We hear that a lot. Yeah. Kate:  I think any time you have to let someone go from a company, or a roll, whether it's to take care of your underwear like a layoff, it's really hard. Because the hardest problems, they're always people problems. They're not business problems, or technology problems. In many ways, I feel like those are figureoutable, but the people problems are always the most difficult and challenging, I think. Lucy:  We do hear that. We do hear that a lot. That is one of the hardest things. Larry:  I think it's greatly in part, because leaders really care about people, and that's why it affects you that way. Kate:  I think you have to care about people to be a good leader. Lucy:  Absolutely. People follow leaders, and I think they care about them. I think it is a very difficult thing no matter the circumstance to let a person go. Switching tracks just slightly in terms of advice to young people, what kinds advice would you give to young people about following an entrepreneurial path? Kate:  I would say that the best thing you can do is focus on building your own career capital, and really try to do the hard work. I think that building what I call career capital, which is like knowledge, and know‑how, it's a network, it's a track record of success, and projects, whether you're at a different company, or you're in school. Building that capital on my own to accomplishments, and all of that will palate into whatever success you have. Whether you follow up as an entrepreneur, or you decide to stay and become an executive in a big company. Consistently working on building yourself, and increasing that capital is the most important thing. I wish someone had talked to me so much about that, because I think you optimize, otherwise, for the wrong variables. Sometimes you're like, "Oh, I need to know finances," or, "I need to know sales," but I don't think you need that. I think you just need to be the very best at what you do, and when you do that, it's actually easy to build a company around that. It's easy to bring that into a company. I think that focusing on being exceptional is the number one thing that would help people. Larry:  Very good. I like that advice. Lucy:  I do too. Larry:  Yeah. Lucy:  I don't think we've heard that yet in all of these interviews. Larry:  That's right. Lucy:  Yeah. Larry:  Now, what personal characteristics? Now, having a look at yourself for a minute, a little introspection here, that has given you the advantages of being an entrepreneur. Kate:  I think that I work incredibly hard. [laughter] Kate:  I always talk about, that what I make up for in to like intelligence, or experience. I make up for and just share. To me, it's just hard work. I'm not afraid to work nights, I'm not afraid to work weekends, I'm not afraid to get a 100 percent. I think that that has definitely made a difference because I don't give up, and I am willing to do what it takes to make things happen. Lucy:  Relentless, tenacious. Larry:  Yes. Lucy:  You work really hard, and that's what it takes. Focus on being exceptional, right? Larry:  Yep. Lucy:  That's all hard work, but we also have personalized. How do you, in some sense, balance the two, although we don't like the word balance particularly, but we can't think of a better way to ask the question. How do you bring balance into your life? Kate:  Well, I just had a baby in May, so I'm a new mom. Lucy:  Congratulations. Yay. Kate:  The question is actually really close to my heart, because I really feel, I know this is so clichÈ, but having a baby, and becoming a parent changes your perspective on what's important, and time, and the lack of sleep, and the fact that you want to spend a lot of time with your baby. Like makes you prioritize. It forces that function of balance, whether you wanted to or not. You can call it balance, you can call it managing, or you can call it living. It's all part of it. How do I do it? I think there are kind of like really to see things that I do that I think make a big difference to my ability to keep everything in a way that makes sense. The first one is that I don't plan my personalized, my profession life separately. I treat it all as one life, so I use one calendar, I use one giant to‑do list, and I think that's the difference than a lot of people who'll be like, "Here's my personal work, and here's this." Part of it, I think, is because I'm an entrepreneur. I will work on the weekend if it means I get more time with my family during the week. I don't say, "OK, starting today, it's just family time." I say, "OK, I work fast after my child goes to sleep, so I'm going to work seven days a week in the evenings when he goes to sleep, so that I can spend dinner time and breakfast times with my husband, and my child." I think building through how you manage your time in a more holistic way, then like this is work, and this is weekend, for example. My other tip around this would be planning. I am ruthless about how I spend my time, and what I do, and what I don't do. The reason I'm able to do that is I plan my day every day before I start doing anything. I set out a goal of like, "Here's what I want to get done, here's what's important. I do this at a weekly level too." My co‑founder said like one of the smartest things I ever thought, which is that the secret of time management is knowing what to do with an hour. When you have 15 minutes, or you have a set hour, do you know what you can do? That is actually going to be the most important thing you can do. If you don't, then that means you're not planning you time well enough. Lucy:  I think that sounds like a Popforms lesson. [laughter] Larry:  Yes, exactly. Lucy:  Absolutely, and this whole idea about treating things as one holistic life is spot on. Larry:  You and I both with kids. We understand that. Lucy:  Would be totally right. We're simply not nodding like, "Yep, yep." Larry:  [laughs] Absolutely. Kate:  Well, you have to, right? It's better to work some on the weekends, and to be able to have that time every day with your children. I think, anyway. Lucy:  Yeah. I did that with my two sons. Exactly that same approach. Plus, I found that if you send busy people, not that I'm advocating this, but sure works for me. If you send busy people email on a Sunday afternoon, you actually get it answered. [laughter] Larry:  With busy people. Lucy:  Yeah, because they're always checking anyway. Larry:  Oh boy. Kate, you've already accomplished a great deal in so many different ways. By the way, your listeners out there will have, on all of our sites, and podcasts and everything. The website address for Kate's business, and you'll learn a lot there. What I'd like to do is to ask you, what's next for you? Kate:  What is next? This year, I've been setting my goals already, I'm really focused on continuing to grow Popforms to make it even more successful. I have a baby, I'm really excited about watching him grow. That's a big part of my life right now, but yeah, just making Popforms bigger and better. We're launching some software products in 2015, so I'm really excited about that, and yeah, it's going to be a great year. Larry:  That is super. Lucy:  Well, wow. Larry:  I'm really proud of you. Lucy:  Yeah, really, and this is really interesting, and especially a lot of the things that Popforms does in terms of careers. Larry has done some work in that space himself. Larry:  Yeah, a little bit. Lucy:  A little bit, yeah. Well, thank you so much Kate. It was great spending time with you, and we really appreciate all the tips. Larry:  You bet, and you listeners out there, you can tune in to 3333.com, and listen to this any time. Also on our podcast, and our blog, but also, and most important, is ncwit.org. You'll see the site, and you'll have links to everything that she said. Lucy:  Thanks Kate. Kate:  Thank you. Series: Entrepreneurial HeroesInterviewee: Kate MatsudairaInterview Summary: Kate Matsudaira is the founder of Popforms, which creates tools that are designed to help today’s technical leaders shine in their roles. Their tools empower leaders with the knowledge they need to keep growing their skills, plus strategic tools to help them engage and grow amazing teams. "I think that building what I call career capital, which is like knowledge, and know‑how, it's a network, it's a track record of success, and projects, whether you're at a different company, or you're in school," said Kate about building a successful career. "Building that capital on my own to accomplishments, and all of that will palate into whatever success you have. Whether you follow up as an entrepreneur, or you decide to stay and become an executive in a big company. Consistently working on building yourself, and increasing that capital is the most important thing. I wish someone had talked to me so much about that, because I think you optimize, otherwise, for the wrong variables." Release Date: March 22, 2015Interviewer(s): Lucy Sanders, Larry NelsonDuration: 17:53

ceo women amazon building challenges microsoft focus 3d series ebay congratulations concept ip cto switching relentless consistently national center macbook information technology release date interviewer wearable acm interviewees audio files binders makerbot dan shapiro datetime larry nelson ncwit preflabel popforms kate matsudaira interview summary lucy sanders
Interview With Christina Wallace

Play Episode Listen Later Mar 22, 2015 27:52


Audio File:  Download MP3Transcript: Lucy Sanders:  Hi this is Lucy Sanders, the CEO, co‑founder of NCWIT. The National Center for Women and Information Technology. We have another one of our really fabulous interviews today with women who have been very successful in the entrepreneurial space. Today we're interviewing a woman who has experience across for profit and the non‑profit entrepreneurial sectors. Larry Nelson:  Good. Lucy:  Good. With me is Larry Nelson, w3w3.com. Hi Larry. Larry:  Hi, I'm really happy to be here. I really loved your site and our listeners are going to learn it. A number of wonderful lessons and were posted on our home page and NCWIT channel as well as a podcast directory and blog. Of course, we're in really shine is on the ncwit.org site. Lucy:  Yes, very excited about that. Today we're talking to Christina Wallace and as I mentioned before, Christina has a lot of experience in both for profit and the non‑profit sectors. She was also named as one of Mashables 44 female founders to know. Now, all of our listeners are going to know Christina. Larry:  There you go. Lucy:  That's absolutely awesome. Today she's the founding partner of BridgeUp: STEM and certainly near and dear to our heart. For those of you listening, STEM is Science, Technology, Engineering and Math and BridgeUP: STEM is a new educational initiative at the American Museum of Natural History and it's focused on introducing girls and minorities to computer science again, something that we care passionately about. Before her role at BridgeUP STEM, she was vice‑president at Startup Institute and the founder and CEO of Venture Back eCommerce brand, Quincy Apparels. A management consultant with Boston Consulting Group, who we used to hire when I worked at AT&T, and an arts manager at the Metropolitan Opera. Wow, what a span of things. I can't wait to hear about it in addition to, she has an MBA from Harvard University. Christina, welcome. We're really happy to have you here. Before we start and get into the interview questions maybe just a little bit more for listeners about BridgeUp: STEM. I'm sure they'll be curious to know what you're up to there. Christina Wallace:  Sure, we're very excited. We're about six months into a five year grant to build BridgeUP: STEM. Helen Gurly Brown Foundation was very generous in being our founding partner to support this. It is a new portfolio of programs actually. There's several pieces of this that we're building over the next five years at the museum, really focused on diversifying the pipeline of talent going into STEM. Really trying to get more girls, more minorities, under‑served students into the pipeline, getting them into computer science and encouraging them and inspiring them. Our first piece of initiative is what we call our Brown Scholars Program and that is intended as an intensive two‑year after school program for 9th and 10th grade girls to come to the museum two days a week after school and we'll teach them to code in python. We'll introduce them to some statistics and data science and a little bit of algorithms and databases and data visualization. We'll do that through using the scientific data sets here and letting them become mini data scientists. Getting to play with genome data, getting to play with our digital universe atlas of the universe and, in their second year, do real research with some of our scientists here and the opportunity to really contribute to some of the work being done. That's our first big kick off for this program. Our girls start in our first cohort in February and we'll do another cohort sort of every trimester. Fall, Spring and Summer for the next few years. Then we're adding additional programming this summer for middle school students, boys and girls, trying to get out into the boroughs of New York City so it's not just something we have on the upper west side. Then we're really looking into professional development and curriculum development opportunities for public school teachers. Trying to bring computational thinking and computer science into existing math and science classrooms. Trying to really give the students of New York an opportunity to get exposed to this discipline and hoping to piquÈ their interest so that they're, you know, thinking about this as a real opportunity when they go to college. Lucy:  And we like that at NCWIT, I'll tell you what. [laughs] Larry:  Yes. Ain't that the truth. Lucy:  That is the truth. Christina, why don't you tell our listeners a bit about how you first got interested in technology and, as you look out there with all the great technologies you mentioned, data science for example. What other kinds of technologies do you see that you think are really exciting? PARTICIPANT:  Sure. So, I got into technology pretty young without realizing that it was a thing, or a thing that I could get into. My mom was a secretary in the computer science department and Michigan State University. We got to play with one of the very first laptops. It didn't have an internal hard drive, it was a dual floppy with a green screen so you could boot it up on one floppy and then you could run a program off the other. And got to participate in some of the early experiments that some of the professors at Michigan State were doing with fingerprint scanning, which seemed so out there in 1991. And really got to see that this was something kind of cool and exciting from the future. I've always was a math nerd, was a math major all through college and took some early programming classes as part of that major. I didn't really put one and one together until business school. I started my career, as you said, at the Metropolitan Opera, I started off on the art side. I've always been both the technologist and a creative artsy person and sort of thought the arts was where I was going to be where I made my home. When I got to business school and discovered there were all the tech start‑ups and sort of the creativity that came with creating something from nothing from a product and a business and really getting to kind of imagine something and then go build it, combined with the power of technology and computer science and data and all of those pieces. It just kind of clicked for the first time. That's how I made my path back into this. It's a little bit secluded, but technology is always been there from the beginning. In terms of the stuff I'm really excited about, I think data science is the thing right now. Computer programming, web dev, it's exciting. I like to make pretty things and I like to have them live online. Certainly mobile apps have been of focus for a long time. Being able to ask big questions from giant data sets and really get those in place that can help you design better products. It can help you think about customer segmentation a little bit better. In our case, to help you understand the human body or how different fossils might have originated from different family trees within evolution. In the case of our digital universe, finding new XO planets or seeing what else is out there in the giant universe. I think that's what's really exciting because there's more data now than there's ever existed ever. Larry:  [laughs] Christina:  It just seems to be compounding. Learning the tools and the skill set to be able to ask those questions and answer them is what gets me excited. Larry:  Wow. That's really interesting. Lucy:  What's an XO planet? Larry:  Yeah. What is an XO planet? Christina:  An XO planet is a planet that exists outside of our solar system. Our planet all rotate around the sun. Lucy:  I'm such a moron. Christina:  The sun isn't the only star that has planets. Our astronomers that search for XO planets are looking for planets that rotate around other stars. Lucy:  Thank you for that. [laughs] Christina:  You could tell I work at a science museum now. [laughs] Lucy:  Yup. That's awesome. Larry:  With all of these, this is very fascinating. Just why is it that you are an entrepreneur? What is it about entrepreneurship that makes you tick? Christina:  Oh, man. The creating something from nothing is just the thing that drives me. I was a theater director and a producer all throughout college. Going from that, spark of an idea to the plan of how we're going to do it, and then actually building it even if it requires some duct tape and holding two sticks together. Larry:  [laughs] Christina:  Hoping no one pushes a little bit too hard on the scenery. That's always been the conception to the execution in its first, second and 12th iteration, ideally under intense time, pressure with fewer resources than you would like is just what gets me excited, I think. I've never been at the point of scaling companies. I certainly haven't been at the point to make them big and IPO or any of that. It's sort of that zero to two that gets me really excited. When I created Quincy Apparel with my co‑founder, it's sort of the first time that we got to take this experience from the arts and kind of throw it onto a business model and see how that works and just...I don't know. Butting your head against the wall a hundred times and having it work 101 is just so exciting that I had to do it again [laughs] . When I moved onto Startup Institute and got to open a New York office, it was great to be given a product and ideas that they already figured out, but the question of how do we make it work in New York or will it work in New York? Larry:  [laughs] Christina:  If it works in New York, how do we make it work in other places too? Then, now getting to be able to start‑up inside a museum that has such an amazing brand and cultural trove. Everyone thinks who about MNH, their first reaction was always, "I love that museum. It's love." Larry:  [laughs] Christina:  You don't get to build something that's attached to love very often. Lucy:  Awesome. I loved the Night at the Museum movie. [laughs] I love them also. Christina:  We just had our first hackathon here at the museum, which was a big deal. To say the word "hackathon" in the museum and to let people spend the night and create something on our digital universe is exciting. Lucy:  It was at the museum? Christina:  It's the best of both worlds. The Night at the Museum, the 3:00 AM in the Hall of the Universe combined with, "Here, take our data. Build something cool on top of it." Lucy:  It's so cool. That is awesome. Along this pathway, who has influenced you? You have mentors, role models, or people you've admired from afar? Christina:  Yeah. There's been quite a few. One of them that stands out so immediately was a professor I had at business school, Dr. Noam Wasserman. He teaches this course called Founder's Dilemmas. It basically goes through all the ways that a start‑up could fail. It had nothing to do with your products sucking. Larry:  [laughs] Christina:  It's mostly about interpersonal skills, founder things, legal things, and how to think about who you need on your team. It's just the nuts and the bolts and the playbook for how to actually take an idea and turn it into a business that can continue to exist. It was a complete accident that I got into this class as a virtue of our class selection process. Maybe the second time he was teaching it, it wasn't in demand then as it is now. I actually tried to get out of the class, and I told him that. Lucy:  [laughs] Christina:  I was going to take this other education class and I couldn't get out of it. I was like, "I'm so sorry. Please forget that I told you I was trying to leave the class." [laughter] Christina:  It ended up being one of the best experiences that I had at school. He stayed as one of my close mentors throughout this thing. Always on speed dial when I needed him during Quincy and even post my startup as I thought about, "What do I do next?" "How do I build a career within the start‑up world without being always the founder or always kind of driving this?" He's just been always there for me. I try to pay it back when I can, going back and teaching in his class or contributing when I can. He's been just a huge supporter, from the beginning, even when I told him I wasn't interested in being there on purpose. Larry:  [laughs] Christina:  And then I think the other person that really just has been driving me, especially in New York is Rachel Sklar. Lucy:  Oh sure. Christina:  She's the founder of "Change the Ratio" and "The List" and just has been on the forefront of trying to get more visibility and opportunity and access for women in tech, trying to make sure that not every conference is the stale pale male lineup of speakers. Trying to really call out biases when she sees them in media, or in companies, in the way that funders and VC's think about the work they're doing. She's unflagging in this regard. She takes a lot of criticism sometimes. It's hard getting to the forefront of a revolution, but she just does it and she always looks great doing it. She has so much energy and has been one of the reasons I've gotten such a great network of women in New York, from the beginning that have exponentially helped me succeed here and have become some of my best friends, which is pretty awesome to have that kind of a community. Lucy:  Absolutely. Larry:  Boy, that's better than dessert. Yes, that's good. Christina:  [laughs] Lucy:  Better than dessert. Larry:  Though, Christina, let me ask this, with all the things you've been through and you've developed and you've been a part of and everything else, what's been the toughest thing you've had to do in your career? Christina:  The toughest thing I've had to do in my career was to get back up after my company failed. It's something that I try to talk a lot about, because I don't think failure is something that high‑achieving, go‑getter people really think about it until the moment that they're in it themselves. It can feel really, kind of career ending or overwhelming or any of those things, and it's not, at least in the start‑up world. The moment that I knew that we were going to shut down and went through that whole process of unwinding the company. Then I went home and I crawled into my bed and I didn't leave for three weeks. There was this moment of paralysis, of like, "Well what do I do now? " In addition to the, "I have no skills. I'm generalist. I'm a little bit of everything and no one's going to want to hire me," through to the like, "How do I look my investors in the face again," and say, "I lost your money. I'm so sorry. That was never something that I thought would happen." To, "What about my employees?" They pay their rent with paychecks that I was giving them and they don't have them anymore. I've had kids on my health insurance plan. All of these things are going through your head and it can feel overwhelming. I gave myself a couple of weeks to watch The West Wing and to eat seamless and not see anyone. Then I got back up. That four‑week period was probably the hardest thing I've ever had to do personally or professionally, but I did it and it all worked out. I don't think any point in the last two years, anyone has asked me, except from a "I want to learn perspective," no one's asked me "Why did your company fail? That's such a terrible reflection of you as a human being or an indication of your ability or your potential or your worth as a person." It's never came up. That was surprising and something I hope especially more women experience, at least in a lot of the public speaking I do and the mentoring I do. High achieving young women have never really failed at basically anything. The potential for failure, I hope, doesn't prevent them from trying. Lucy:  That is so well said. In many of these cases, in both of the last questions you answered, you said like in the case of your professor, you know, "I didn't want to be there and yet, I learned so much." Nobody wants to fail, but definitely it's one of the places you learn a lot. Larry:  Yep. Christina:  Oh yeah. Lucy:  You learn how to lead in hard times. That's very hard. I don't want to say it's remarkable experience because you don't say, "I hope you fail," but there's a lot of learning that can happen there. Sort of along those lines, you've already given us great advice about being an entrepreneur. If you were sitting here now, with young people talking about entrepreneurship, what other advice would you give them about being an entrepreneur? Christina:  Not everyone should be an entrepreneur. Right now, it's being very popularized. It's in the Zeitgeist. We're sort of turning a lot of entrepreneurs into these rock stars. That's great that we're giving the visibility and the platform to sort of show off that this is one potential path, but it's not the path for everyone. There's also a lot that can be done, and it can be very fulfilling. It can be the right path to be an early hire at a start‑up, and to be employee number two or number one or number ten. To recognize that I want to be in a place that creates value. I want to be at a place that is very close to it's customers and listens for their feedback and iterates. I want to be at a place that values learning of it's employees and is really focused on professional development and opportunity for us as well as creating value for investors. Identify that start‑ups or technology companies or however you want to define this is a sector that you would really like to be part of without being the first one off the ship, with the idea and no money and living on the couch and taking all the risk. There's a lot of great experiences and obviously, we need entrepreneurs in order to drive innovation. But you don't have to be an entrepreneur to be entrepreneurial. That's the distinction that, when I'm talking to a lot of the young students that I'm mentoring, really trying to help them define "Why do you want to be an entrepreneur? What specifically are you impassioned about solving a specific problem. Do you just see a potential opening in a market that you want to take advantage of?" Or, do you say, "I'm looking at the jobs in front of me in consulting and banking and brand management. None of those look exciting. I really liked that startup movie. I'm going to go start a company because it's not that hard to get $25,000 and two friends to build something at a hackathon." Those are very different things. To really identify where you think you sit and that it might change over time. You might not be ready to be an entrepreneur right out of school, or even in your 20's, but you want to get that experience. At some point, when you find that thing that you can't stop thinking about, and that opportunity that you just have to build, because no one else can build it except you, then you go and take that plunge. You risk everything to build it and that's totally legitimate. It doesn't have to be just his second and you don't have to be the founder to still get that entrepreneurial experience. Lucy:  That's very wise. Larry:  Boy, that's for sure. Christina I want to thank you for sharing the experience that you went through a few years ago. It's really a great turn on for a lot of people who really could use that extra push. Now I'm going to ask you another question... Christina:  Sure. Larry:  ...That kind of ties in with that. What are the personal characteristics that you have that given you the advantage of being an entrepreneur? Christina:  This is a great question. I was reading a Steve Blank blog post on this today on the "First Round Capital" blog about what to look for when you're basically dating for co‑founders or what specific traits to look for. I don't remember the exact quotes that he put in there, but he basically outlined it as someone who can focus in the midst of extreme turmoil. Larry:  [laughs] Christina:  And it's function and moving pieces. Someone who is resilient and has endurance, that this is not a sprint, and it's such a clichÈ but it's so important to especially if you've never run a marathon. To understand what it means to run a marathon because it's not a sprint, it's a marathon. To have that resilience to keep getting back up and continue to try and push through. Someone who just has that work ethic to put in the hours. It's not just about long nights so that you can claim that you're working hard. But it's not like a work‑life balance thing. At least that's the beginning. To have that understanding of the discipline required for the home marshmallow test. Can you wait till tomorrow to get two marshmallows versus getting one marshmallow right now? Do you have the discipline to push through for a delayed gratification? Do you have the resilience and the endurance to pick yourself up even after you've been thrown to the ground 20 times? Do you have that ability to focus and make decisions when you're in sort of extreme chaos and dysfunction? Or does that paralyze you? Because that's an early stage company, the very beginnings of entrepreneurship. It's not about executing against an idea, it's trying to narrow down what that idea is. Triggering out what type of business plan that you are trying to execute against his and being able to prioritize and assign resources to different things when everything is priority number one. Some people have life experiences that just naturally prepare them for it. Thanks to you for saying that the ideal founder in his opinion of someone who grew up in a dysfunctional family and was a platoon army leader. [laughter] Christina:  That gives you that perspective of chaos but decision making and leadership. Some people have those experiences. I would argue that, I was a costly trained pianist, and challenged for 16 years. That honed my discipline side of my brain, the ability to sit still and practice six hours a day. In hopes that three months from now, this piece will be ready to perform. I certainly grew up in a slightly dysfunctional, crazy things moving around and changing all the time kind of home life. From the endurance and the resilience piece, I run marathons and I climb mountains. I don't do either those things because I really like sweating. It's a way to sort of build that endurance muscle to push through and kind of recognize that head space that you've been there before and you can kind of get to the end of it. Lucy:  Here in Boulder we have mountains and marathons. [laughter] Larry:  Uh‑huh. Christina:  There you go. Lucy:  We have all those things here and we have craziness too. Larry:  That's true, that's true. Christina:  I believe that. Lucy:  Totally crazy. You mentioned the work‑life balance and that's actually our next question around. How do you then sort of in some sense blend your personal and professional lives? Because we all have something that we do outside, what we call "work." Right? Larry:  Yeah. Christina:  Again, it's sort of a horrible not answer, answer. But it also sort of depends. It depends on what stage of life you're in, it depends on how you need to balance those things to make it work. It depends on who else is involved in the room with you right? So with Quincy, I made the decision very early on that it was all I was going to do. I worked seven days a week at it. I didn't sing in a choir, I didn't run marathons, I didn't date, I didn't see my friends, I didn't really see my family. It was just all I did, seven days a week. All I could think about even when I was sleeping. It was the one I needed. At the beginning we were getting from a running start with no money. We had a very specific length of time before we were out of money so that was the runway we had, it was about eight months. It either had to work or it was over. At the end of those eight months, we did managed to raise a venture capital. We had some resources and we were able to hire some people and my co‑founder and I looked at each other and said "We have to have slightly more work‑life balance, or we're going to burn out." So now we're in a different stage in our company. We're able to say, "OK, now we're working six days a week. We'll take one day off every weekend." She was married so she tried to find time and space to make room for her husband. I decided to take up long distance running and I got to go back on audition for a choir, so I'd have something. We got eight months more into that and we were nearly to a point where either was going to work or we were going to have to shut down. In either case, killing ourselves wasn't going to make that difference. We said "OK, now we're going to work five and half days a week" and make a little bit more space for ourselves. In the case of per jobs done at MNH, it's a very different culture here. It's a museum, it's a non‑profit. We have hours that the museum are open, we have hours that the education programs happen. A lot of the partners that I meet to interact with in order to build this program, they're not going to be on their email at four in the morning on a Sunday. There's no point in me being on email at four in the morning on a Sunday. There's a lot more space for me to have a work‑life balance here because the other partners in the room, insists on it. It's the culture that we have here. It can be frustrating sometimes. It can feel a little bit slow sometimes and that's the pay off, right? The nice thing is, I'm not competing with other companies to be the first to market with our product. It's a different type of a start‑up and a different type of an organization. Larry:  Wow, that's really something. One of the things I would like to ask is, what mountain are you going to climb next but I'm... [laughter] Christina:  Well I can tell you, I leave in two days. I'm going to Nepal to go to average base camp. Lucy:  Oh my gosh. Wow, be careful. Larry:  Oh wow. Christina:  Thank you. Larry:  Yeah, you have a great time. Yes. [crosstalk] Larry:  Well, you've already been through a great deal, you achieved a lot. What's up for your next? Christina:  I mean, I'm excited for project STEM. This could be a program that isn't just something we run at the American Museum of National History. But something that other museums and other informal learning areas might be able to adapt. One thing that we're already seeing in our early development here, is that by teaching coding in computer science through the lens of a subject that girls and minorities already know and are familiar with. We're getting a much higher sort of response rate to the applications and to the programs than we were expecting because if you look at biology, they don't have the gender gap that we have in computer science. Or at least not nearly as much, and certainly in a place like museum where a lot of these kids have been going on school trips since they were in kindergarten. It's a place that they recognize and that they feel comfortable in. We're not having this "Oh I'm not sure I fit in there" piece. For me, the big question that I wanted to ask with this program and I hope that will be able to publish the results and help others think about replicating is, can we teach computer science a lot like we teach English? Which is a tool to help you do other things. If the thing that you're interested in is biology or if it's fashion, or if it's art, let me teach you different languages and process season. Algorithms and things that it might be interesting tools for you to do that other thing that you care a lot about. We might be able to really see this change in this diversity of the talent that's interested in it. This is my big focus, what's got this grand for five years and I intend to take the most of it. But I really want to see this as something that scales beyond just MNH and beyond just New York City. As a way to think about computer science and STEM education. Or populations that aren't necessarily just attracted to the idea of "Let me learn to code, cause I want to learn to code." Lucy:  Amen to that. If NCWIT can help you, we are here. Christina:  Excellent. Lucy:  We are absolutely here. Larry:  Wow I'll tell you, that's a fact. We'll have your interview course up on our home page at w3w3.com, in our blog, in our podcast directory, in our newsletter. Most of all, go to ncwit.org and you'll see some fantastic information and stories. Lucy:  Well, thank you Christina, very much of just great advice. We always love these interviews. We ask the same questions to everybody and they're all different, the answers of course. Very interesting, thank you very much. Christina:  That's awesome. Thank you, I was so happy to be here. This is such a great initials of you guys have. Lucy:  Thank you very much. Larry:  Christina, I'm glad you didn't ask me to carry your bag on a couple of days so... [laughter] Lucy:  Well, thanks very much. We're sort of done with the interview now. But I should just reinforce that offer to help, in any way, NCWIT got a lot of research and practice. What you're doing with bridge up STEM is very much in our will house in terms of interest. Larry:  Yes. Christina:  Excellent. I will absolutely follow up with you guys on that. Lucy:  Yeah. We have a K12 alliance and all the organizations are working together in different things. There's no membership fees for non‑profits so could be some natural affinities there. Christina:  Excellent. I will look into that more when I'm back from Nepal. Series: Entrepreneurial HeroesInterviewee: Christina WallaceInterview Summary: Christina Wallace is the founding director of Bridge Up: STEM which is a new educational initiative at the American Museum of Natural History focused on introducing girls and minorities to computer science. Before her current role at BridgeUp: STEM, Christina was a Vice President at Startup Institute, the Founder and CEO of venture-backed e-commerce brand Quincy Apparel, a management consultant with the Boston Consulting Group, and an arts manager at the Metropolitan Opera. "I'm excited for project STEM," said Wallace about her program. "This could be a program that isn't just something we run at the American Museum of National History. But something that other museums and other informal learning areas might be able to adapt.  One thing that we're already seeing in our early development here, is that by teaching coding in computer science through the lens of a subject that girls and minorities already know and are familiar with." Release Date: March 22, 2015Interviewer(s): Lucy Sanders, Larry NelsonDuration: 27:52

ceo women new york founders learning new york city science technology change fall spring vice president universe night mba series museum engineering computers math boy stem identify amen harvard university concept sort vc boulder colorado ipo nepal michigan state university algorithms hoping women in tech national center information technology west wing ratio natural history zeitgeist dilemmas release date interviewer xo k12 boston consulting group triggering metropolitan opera american museum interviewees audio files steve blank first round capital butting datetime national history noam wasserman rachel sklar larry nelson christina wallace mnh startup institute ncwit preflabel interview summary lucy sanders
Interview with Carol Clark

Play Episode Listen Later Jan 19, 2015 15:10


Audio File:  Download MP3Transcript: Terry Morreale:  Hi, this is Terry Morreale from the National Centre for Women in Information Technology, or NCWIT. This is part of a series of interviews with fabulous entrepreneurs, with women who have started IT companies in a variety of sectors. All of whom have incredible stories to tell us about being entrepreneurs. With me is Larry Nelson from w3w3.com. Hello Larry, how are you? Larry Nelson:  I'm magnificent and I'm so happy to be here today. At w3w3.com we record all business people from all over the place. We really like to focus in on entrepreneurs. You can listen to this interview and others on w3w3.com. Terry:  Great, thank you. Today we are interviewing an entrepreneur with more than 35 years experience in the startup community. Carol Clark is the co‑founder of "Mind Leaders Inc" and served as the CEO and chair of the board of the company from its formation in 1981, until "Mind Leaders" was acquired in 2007. "Mind Leaders Inc." integrates talent management and e‑learning resources to deliver development solutions from a single platform. Carol currently serves on the board of directors at "Ed Map Inc," "Sia Linden Associates Corp," and "Ecolibrium Solar Inc," on the investment committee for the "Patient Capital Collaborative 13" fund, and on the executive committee of the "Ohio TechAngels Fund." Before we start Carol, tell us a little bit more about your current endeavors. Carol Clark:  What I'm doing now, is I'm an active "Angel" investor. That means that we invest in young companies. I am on the patient collaborative investment committee. That's part of investors circle. We focus on impact investing. The "Ohio TechAngels" group in Ohio, naturally, we focus on medical devices, technology, Ohio company. I'm also a member of Golden Seeds, which is an "Angel" group in New York City. They have chapters on the west coast and in Texas. Two years ago I founded "X Squared Angels" which is a group here in Columbus, very much after "Golden Seeds." We focus on women led companies. Women companies can be anywhere in the country, actually anywhere in the world, because you apply to us from Canada, and it can be in any market. We're just trying to invest in companies that have women in management teams. Being an active angel investor is a lot of work [laughs] . But it's also a lot of fun. You get to meet the investors, you hear all kinds of interesting ideas for companies, and you meet lots and lots of interesting people. That's what I'm doing now. Terry:  Sounds fun. Larry:  Wow, I love it. Terry:  [laughs] Tell us how you first got into technology, Carol? Carol:  I was a math major in college. Way back in the dark ages. When I graduated from college, the large companies would go around and interview at the liberal arts schools. "IBM" was one of the companies that came to interview at Gettysburg College where I graduated. I thought, "well, that sounds like fun, computers," and I wanted to go to New York City anyway. Back then they gave you a programmer's aptitude test. If you passed the test and some series of interviews, then they offered you a job. I started as what was called the system service representative, which ultimately became a systems engineer in one of the Manhattan offices in New York City. I got into computers in the early 60s, really when computers were just starting. Terry:  Wow. Carol:  It was just so much fun. Terry:  That's fantastic. What technologies do you think are cool today? Carol:  I never thought I would say this, but I think "Twitter" is. When "Twitter" first came out, I thought, "this is technology looking for some application. What is anybody going to do with it?" What I think has happened is that "Twitter" is really our news of the world today. Nothing really can happen in the world without somebody knowing it, and somebody sending it through their cell phone over "Twitter". I think "Twitter" is really cool. That would be one thing. The viruses that are popping up all the time are really cool. You write a program and I look at the program, and I say "well, I can get around your program" until I do, and then you look at what I've done and you get around it. This particular thing is what's pushing the programming world today. It certainly doesn't have nice ramifications, but I think it's really cool technology. The third and final thing would be what they're doing with Quantum calculations. Encryption on the web, the World Wide Web, is done with RSA encryption. It basically is just multiplying random numbers together, prime numbers together, and then encrypting them through an algorithm. It's done once each time data is sent. Nobody can break it, because it takes too long to re‑engineer that calculation. What they're doing now is they're using quantum mechanics to calculate in a different way, and they're going to be able to encrypt everything a whole lot faster. I just saw a TV show on it about two weeks ago and I thought it was really cool. They're my three things. Larry:  Wow. We'll have to look that up for sure. Just to switch gears, Carol, a little bit, why are you an entrepreneur? What about entrepreneurship that makes you tick? Carol:  I think people become entrepreneurs because they want to control their own time, control what they do. What you quickly find out is, many people say, "I'd like to become an entrepreneur because I'm my own boss." You're never your own boss. When you're an entrepreneur, your customers are your own boss. I really liked having the customer as my boss because there were very few politics involved in it [laughs] . They either like what you're doing and they pay you money for it, or they don't. It's a very simple, nice relationship. I thought I would be an entrepreneur because you can control your own time, you can create what you want and make it as good as you want it, but what I really found that I liked was the fact that you're working for your customers. They're leading the way. I liked that a lot. Larry:  With that kind of comment about the time, that you mentioned, you ought to teach a class on time management. [laughter] Carol:  I would probably make people crazy. I already make my husband crazy with my time management. [laughter] Terry:  Carol, tell us who influenced or supported you to take this career path? Role models, mentors, people like that? Carol:  I gave this one a little bit of thought. I would put my parents first. They really provide the unconditional love, self confidence, and they say you can do whatever you want. My mother did that. My father also did that. My father would say, "I don't have a clue what you're doing with these computers, I don't understand it. I don't know what it is, but I'm all for it" [laughs] . He built ships, so he had physical things that he created, and for me to go into software was really hard for him to understand. Nevertheless, he supported it and was the cheering section all along the way. Then I would have to say that my husband was there the whole time and said, "just go do it. If you think it's the right thing to do, go do it." Terry:  That's great. Larry:  Wow. With all the different things you've been through, you've got such a fabulous background. Along the way you've had a lot of interesting things happen. What are the toughest things that you've had to do in your career? Carol:  One of the toughest things you have to learn, maybe two things. One is, don't take yourself seriously. Really, nobody's watching. If you fall on your face, nobody's paying any attention. You might feel silly, but I think the first thing is you can't take yourself too seriously. It takes a while to learn that. That would be number one. The second thing is, if you're going to lead, and if you're an entrepreneur you are going to lead, the first thing you have to remember about leadership is you have to make sure people are following [laughs] . You could have the best idea in the world, but if nobody agrees with you or nobody will come with you, you're not going to get very far. You have to keep looking over your shoulder to make sure that those people that are every bit as important, maybe more important than you are to the success of the company, are right there with you. Those are the two toughest things to learn. Larry:  Yes. Terry:  Indeed, in life and in entrepreneurship [laughs] . Carol:  Right [laughs] . Terry:  If you were sitting here with a young person today and giving them advice about entrepreneurship, what advice would you give them? Carol:  I actually do a fair amount of counseling with people of all ages, but many young people. The first thing I say is, "Is there a market for this product? Is there a large market for it? 500 million or larger?" Because when you start out with this product, you're only going to get a little teeny tiny piece of the market. The market has to be big enough for you to make money doing this. Number one is the market. Number two is the product. You might think you have the coolest technology in the world, but if nobody's going to pay you for it, you don't have a business. Talk to those potential customers and find out whether they're interested in buying what it is you want to sell. That would be number two. The third one is, you absolutely need to understand the financial statements. You can't go anywhere without understanding the financial statements. If I say to you as a potential entrepreneur, "OK, give me three years of projections month by month, and make a list of the assumptions that you're making about this business," and you can't do that or you don't want to do that, you're going to really have a difficult time. You have to understand the numbers. You never should run out of cash. The final thing is you need to understand your own limitations. You need to know what you don't know and go hire it, or find someone who will do those things for you. Those would be the four things. Make you've got a big, big market for this. Make somebody will pay money for this product, understand the numbers, find out what your limitations are, and get a team around you that can make up for your limitations. Terry:  That is wonderful advice. Thank you, Carol. Larry:  Excellent. Maybe I shouldn't even ask this question. It just seems natural with everything you've said so far. What personal characteristics do you think you have, that have given you the advantage as an entrepreneur? Carol:  The first one if a sense of humor. [laughter] Carol:  I really do. You're going to do things wrong, you're going to do stupid things. You're going to say stupid things. You just have to laugh about it. It's not the end of the world, you're still you. You pick yourself up and you go forward. That is probably the first one. The next is hiring good people. Those are the only two things. You need to be able to hire people that complement who you are and what you want to do. You're going to make mistakes there too. I guess the rule is hire slowly and fire quickly. I think that's true. Terry:  Carol, what do you do to bring balance into your personal and professional lives? Carol:  I think it's a gift, but I really can turn off the professional piece. I do have four children. They're all grown, of course. Certainly, you have to be able to turn off your professional life when you're raising a family. My husband and I love to travel, so we travel. I love to ride my bike. I go out on the roads or the trails. I'm not fast. I just mosey along, stop and talk to people or stop and look at flowers or insects or trees, or whatever happens to interest me. That just as peaceful. It is pure joy. You need to have interests other than professional or you make yourself crazy, and you need to be able to turn them off. Larry:  Absolutely. Carol, you've already achieved a great deal. We'll make sure that we have all those links and ideas and stuff up on the home pages and so on. What's next for you? Carol:  I think I'm going to remain an active "Angel" investor. I really do enjoy that. I love, as I said, meeting entrepreneurs, hearing the new ideas, staying current with the technology. I think that's going to be what I do for the next little while. After that, I don't know [laughs] . We'll see what presents itself. Larry:  We'll follow you, so we'll know. Terry:  Absolutely [laughs] . Carol:  Just so you don't stalk me, that's all right. Terry:  We'll follow you on twitter, how about that? Carol:  [laughs] There's a thought. Terry:  Carol, this has been an absolute pleasure, getting a chance to chat with you, getting a chance to know you a little bit better and learn from you. You gave some fantastic tips for our listeners. We look forward to sharing them with our entire NCWIT community, and with the w3w3.com community as well. Larry:  Over the years, my wife and I, we've started 12 different companies, I wish we had know you back then. Carol, thanks. Your advice was absolutely super. Thank you. Carol:  Thank you, my pleasure. Terry:  Have a great afternoon. Carol:  OK. Bye bye. Series: Entrepreneurial HeroesInterviewee: Carol ClarkInterview Summary: Carol Clark, co-founder of MindLeaders Inc., www.mindleaders.com, served as CEO/Chair of the Board of the company from its formation in 1981 until MindLeaders was acquired in 2007. Carol has more than 35 years of management experience as well as an extensive background in computer programming, software development and education. Carol currently serves on the Board of Directors of EdMap Inc., Sealund and Associates Corp. and Ecolibrium Solar Inc.; on the Investment Committee for the Patient Capital Collaborative ’13 Fund; and on the Executive Committee of the Ohio TechAngels Funds. "When you're an entrepreneur, your customers are your own boss. I really liked having the customer as my boss because there were very few politics involved in it." said Carol about what it means to be an entrepreneur. "They either like what you're doing and they pay you money for it, or they don't. It's a very simple, nice relationship."  Release Date: November 19, 2014Interviewer(s): Terry Morreale and Larry NelsonDuration: 15:10

tv ceo women director texas canada new york city talk ohio board series manhattan columbus fund ibm concept quantum information technology release date world wide web interviewer executive committee encryption rsa national centre interviewees audio files investment committee gettysburg college datetime golden seeds carol clark larry nelson hello larry carol carol ncwit preflabel interview summary
Interview with Robin Chase

Play Episode Listen Later Oct 20, 2014 19:30


Audio File:  Download MP3Transcript: Lucy Sanders:  Hi, this is Lucy Sanders. I'm the CEO for the National Center for Women and Information Technology, or NCWIT. This is part of a continuing series that we're doing of interviews with wonderful, creative, innovative women who have started successful tech companies. With me, Larry Nelson, w3w3. Hi Larry. Larry Nelson:  It's my pleasure to be here. We've got about... Lucy:  About a hundred. Larry:  ...About a hundred interviews with women in this area. It's very exciting. It's very popular on our website. Lucy:  It's wonderful. We've got a great one coming today. Larry, it's summer. People are hitting the road. All kinds of car trips everywhere. The person we're interviewing today is a serial entrepreneur in the transportation sector, as well as being one of "Time 100 Most Influential People in 2009." Today we're interviewing Robin Chase, who is the founder and CEO of Buzzcar. Got to love that. Before that, the founder and former CEO of Zipcar. I'm sure all of our listeners have seen Zipcars out and about. A very novel concept. We've seen them everywhere. Zipcar is an industry leader today in car sharing in the United States, but Buzzcar's only available in Europe. It does some things slightly different, in that it allows users to rent out their own cars. Larry:  Oh. Lucy:  I know. Pretty interesting, right? Has over 5,000 cars in France, with 15,000 users. That's a real novel twist to ride sharing, for sure. Robin has also appeared in national media on "The Today Show," the "New York Times," and "National Public Radio." Welcome, Robin. Why don't you tell us a little about what's going on at Buzzcar? Robin Chase:  It's nice to be here. The update on Buzzcar is that we have now about 7,500 cars owned by people across France available for rent, and about 80,000 users who are renting them. What's exciting and fun for me when I think about this company, that the reason I started it is that Zipcar will only place cars where it knows that it's going to get a return on investment. I was constantly being asked as CEO, and once I left, "How come Zipcar doesn't have cars in my neighborhood, downstairs in my building in my town?" Zipcar doesn't want to take those risks. We only put them where we're really sure that it's going to happen. What's exciting for me with Buzzcar is, since we're using people's own cars, and if they rent it once a year, they're happy, because they've already paid for it. If they rent it once a month, better. A couple of times a week, best yet. It means we can have cars for rent in places that are any population density. While we do rent a lot in Paris and major cities, it's always exciting for me to see a rental happen in a place where there would never be any car chain or car rental for that matter, because it's such a small location. It's a new way of providing services I'm very excited about. Lucy:  It's certainly very novel. We were just in Europe, my husband and I. We used Uber for the first time... Larry:  Oh. Lucy:  ...which is a great way of finding a cab or a ride when there aren't any taxis. Robin:  Both of those services and many others, is something that I see happening now. I think there's a real organizational shift. There's this new organizational paradigm that I've been calling "Peers Incorporated," which is a collaboration between independent individuals or small companies and a larger institution or government of company on a platform for participation. If you think about Buzz Car, we are doing that. As a company, we made this platform, got insurance through the nice online payments, great apps facilitate everything. We give individuals the power of the corporation and the individuals are micro‑entrepreneurs. I call them auto‑preneurs. [laughter] Lucy:  That's great. Robin:  Uber is the same organizational structure, in that Uber offers a platform and then people who are current black car drivers or current taxi drivers or current individuals who want to drive their cars as taxis, can leverage the Uber platform. It's something we are seeing. Other examples would be Arabian Bee. I look at them and I think Google, Facebook, Flicker, and YouTube are all examples of this new kind of business model that is really on the rise and has a lot of great attributes. Lucy:  I'm sure it uses a lot of technology. These kinds of platforms do. Why don't you tell our listeners how you first got into technology, Robin? What kind of technologies do you like? You've already talked a little bit about these types of sharing platforms but do you see any other technologies out there that you think are especially interesting? Robin:  My other fascination, and also still in the realm of transportation, is I'm interested in mesh networks and how wireless is going to be playing out in the future. What we're seeing increasingly is that we need heterogeneous networks that we don't use. Lots of healthcare products use different types of...spectrum, and in our cars we use Bluetooth or the upcoming vehicle to vehicle. I see the future as having these heterogeneous networks and a lot more emphasis on WiFi and getting to WiFi through these mesh peer to peer networks. Two things. One is, I've co‑founded another company in Portugal called "Veniam Works," that is providing vehicle communications for public buses and in ports to the trucks. If we think about dark spots or urban canyons, having a box in your car in your car that has 3G WiFi and vehicle‑to‑vehicle means that we can use vehicle to vehicle to get to a WiFi hotspot without you having to pay for cellular. It gives you a very low‑cost, reliable network. Back to my earlier comment, this is of the same ilk, which with mesh networks, which means my wireless device doesn't just send things and receive things, it also can serve as a router. We, as individuals with our own devices, can create a wireless infrastructure on the back of the assets that we've already bought. We're rolling this out now in cars. Why cars? Because cars are batteries that are being recharged constantly and it's an easier start than in your cell phone. For me, it's an incredibly exciting part of the future of thinking about infrastructure as being built by stuff that we already own. It's infrastructure being collaboratively built and collaboratively financed. I'm excited also about it because of the resilience and redundancy it gives, so that we don't have to be reliant on an uphill. Larry:  With your interesting background, I have to ask this question. What is it that made you become an entrepreneur, and what is it about entrepreneurship that makes you tick? Robin:  I was talking to my mother about this, and I think that I've always been a person who's very interested in how things work and doing things myself, doing it myself. Way back, when I had braces, I was constantly asking the orthodontist, "Why are you doing that? What's happening now?" Or the person's cutting my hair, I now am a great hair‑cutter, so say my children. I've always been a person who wants to make it themselves, to try that. That is a fundamental piece of an entrepreneur, maybe there's two parts. One is that every problem I see, I'm always thinking about how you solve that problem. Some of them, I put my hand in and try to start it, try to make it. I make things before I buy things. I think I've had that in me for a long time. Larry:  [laughs] Good. Lucy:  She's a maker. Larry:  Yes. Lucy:  A maker entrepreneur. Along the same line of questioning, who influenced you or supported you to take this type of an entrepreneurial career choice? Robin:  I feel that especially since we're talking about women and technology, I am a woman in technology but I'm not an engineer. My husband is an electrical engineer from MIT and he was my CTO for Zipcar, was my CTO for seven years. He's been my CTO in my later efforts. I definitely have relied on him to advise and to do the technology piece that is not something that I pretend to have skill in. I was listening to something recently, and there are needs for translators. I would say I'm perhaps a translator between engineers and the common man. If we think about Zipcar or other things that I've done, I could do Zipcar because I'd never done car rental, and I didn't have any firm stereotypes about how people mistreat cars. I could do Zipcar also because I didn't know anything about wireless networking, and I had no idea that we were going to have to build our own from scratch, doing a consumer product for wireless that no one had ever done before. I could see issues that made sense, but I didn't know all the barriers and impediments. In general, I think that multidisciplinary endeavors and diversity of people is incredibly helpful. I've been lucky that I've had my husband as a great help, and that I've had a lot of advisors. I have my go‑to in the technology realm, and today my inspiration is people who are building what I see as new economy companies. There's a whole bunch of them and I'm always awestruck how these individuals are breaking the mold and doing brand‑new things that are hard, and some of them successfully. When you see people doing hard, crazy things and succeeding at it, in places where no one imagined it was possible, it's very inspiring. Larry:  Robin, with all of the different things you've done, and doing a lot of business outside of the United States, what is the toughest thing that you've had to do in your career? Robin:  I think some of the toughest things that I had to do are firing people, which is remarkable thing. I've done business issues and negotiations that were incredibly difficult, but having to do negative things with people that you know and like was the hardest thing. For me, those interpersonal, unpleasant things were harder than technology barriers. I want to give you a metaphor that I came up with talking to my cofounder [indecipherable 10:41] that talks about these issues. I was thinking about what it's like to be a start‑up versus an old company, so here, listen to my metaphor. When you're a start‑up, you have your hand‑plough in an untilled field that is something completely overgrown. You're there pushing your plough through things and you'll hit pebbles and you'll hit rocks and then, "Darn it!" You hit these gigantic boulders and you have to go round, and you didn't expect it and it's a gigantic, gigantic effort. You're pushing and slogging and sweating, and it's huge [indecipherable 11:13] , and you have this vision of what you're going to do with this piece of land. Then you look over to the right, and you see the person on their tractor riding high and their field that's been ploughed thousands of times going down the same furrows. It's like that's the legacy that is [indecipherable 11:32] . And you look to the left and right, and it seems so easy that all the money, and it just seems so clear sailing. In meantime there you are, pushing, pushing tons of instructions. It's hard work doing this, thinking novel thing. You think, "How is that start‑ups ever manage to succeed?" Lucy:  That's a wonderful metaphor, and obviously start‑ups do succeed. Entrepreneurs have great skills and have great advice to give to others, so if you were sitting here talking to a young person about a career, an entrepreneurship, what would you tell them? Robin:  Generally overall, I talk a lot about intellectual honesty ‑‑ there's a lot wrapped up into that. To be an entrepreneur, you are constantly selling your concept, your vision, and you're selling it to prospective employees or selling it to prospective suppliers, to consumers, to investors. You're hyping it because it doesn't exist yet, and it's always got plenty of problems. I think intellectual honesty is constantly being aware of what isn't working and what you personally aren't good at, and whether your idea is a worthwhile one. I think of entrepreneurs, and we can think of people who can waste too much time on bad ideas and ruin their lives or people who don't hire others to match their own weaknesses, so to be very clear on what your own weaknesses are. I'd say the most important thing to going back to the plough versus the tractor, start‑ups succeed when they are fast‑learners, when they are learning organizations. It still comes back to this intellectual honesty. When you hit that rock and that giant boulder, recognize it for what it is. Instead of keep pushing into that same spot, figure out, "How do I go around this? What do I need to do? Do I make some serious adjustments?" Start‑ups can move very quickly, because they hit the rock right away and they can decide and make decisions that same day. Whereas if you think of big companies, it takes some months to realize there's an issue, months for it to go up the ladder, months for people to decide, "What in heck is going to go on?" and correct it. So this is how I do think start‑ups succeed, is that they can be learning organizations and learn at a pace that is just so much faster than a bigger organization that has bureaucracy and lots of layers of people and separation from their customers. Larry:  With all the different things you've done and your different companies and all, what are your personal characteristics that have given you the advantage of being an entrepreneur? Robin:  [laughs] I have to say the luck of fabulous parents and a good education, and the luck of some great genes. I have to attribute a lot of that to things that were outside of my personal control. To give myself some credit, I am very tenacious and incredibly hardworking, and I do my homework and I work hard at things. I give myself lots of credit for the hard work part. Larry:  Boy, that is for sure. Lucy:  We hear a lot from entrepreneurs about being tenacious, relentless, and resilient ‑‑ not quite the same word. [laughs] But we hear that a lot. You mentioned earlier that you've become quite a good hair‑cutter with your children's hair. Larry:  [laughs] Lucy:  Our next question has to do with this sort of, always talked about balance between professional and personal lives. What are your secrets for achieving it, if it in fact exists? Or how do you manage to integrate the two? Robin:  I think my children will tell you that I'm a terrible balancer. I constantly have my laptop open, and the joking refrain is I'm always saying, "Let me just finish this email, let me erase this one email before I go do something." [laughter] Robin:  On the other hand, I feel that I have demonstrated to my family ‑‑ I have a husband and three children that are now really grown ‑‑ that there's a real consistency in my values and my interest within work and my personal life, that they are very integrated. That itself is a kind of balance, that I work on things that I care about, I am interested in those topics, and my values and many of my friends and things I like to do all match. While I am terrible on the balance and trying very hard to work on it, it feels very unified inside myself. Lucy:  That word, "unified" is an interesting word, like, "integrated." And I don't think we've heard it used before, that unifying family and work. It's interesting. Larry:  I like it. Being a father of five, I like unity. [laughter] Robin:  I particularly think about values, and I would like business to have the same values as I would have in my personal life. I'm reading right now a book by Michael Lewis called "Flash Boys," and there's this one aspect in it that it's about a young Wall Street‑technology‑guy. At a certain point, he's thinking he's figured out how everyone or a large percentage of firms on Wall Street are screwing other investors. He has this choice, this young Canadian‑blood, that he can either correct the problem or start making money in the same, very deceptive, horrible way. He decides to figure out how to correct it and have everyone do things in a less deceptive way, rather than having uncovered the secret and starting to cheat people. I was struck by that this is a great book, and that this is the subject of the book, and I think, "Wow! Why is it that that's a novel idea, that we begin to know fair value for things that we do, and we are honest and helpful and fair and all of those things?" That's where this unity‑piece is coming from me. I'd like to businesses ‑‑ I think we're seeing more and more of them ‑‑ that have social and environmental goals that are now very embedded in their mission statement and how they do things. I don't know if you've heard of this, but there's a new form of corporation called the Dcorp. Dcorp embeds in its mission some social attributes, and therefore we think of companies that always must be following in other shareholders, and what's the best for shareholders. These Dcorps are required to follow their mission, and they are not for profit, but it's a balance that they have to be a profitable company and they have to fulfill their other mission, goals. I think we'll see more of those. Lucy:  Maybe there'll be a financial investment fund for B Corps. Larry:  All right, let's go. Let's do it. Lucy:  401K. [laughter] Larry:  Boy, we are certainly very impressed with everything you've been through, what you've done and accomplished, but I have to ask this. What's next? Robin:  Right at this very minute, and at the very minute I'm talking to you, I'm writing, and not writing, a book on this new organizational paradigm that I've been calling "Peers Incorporated," and how it's going to be changing the way we build businesses, the way we work, and the way we use assets. I think it's kind of leading edge to what I see is a new collaborative economy. That's what I'm doing right now when I'm not doing all the other things I do. Lucy:  [laughs] Fascinating. Larry:  It really does. [laughs] Larry:  It really does, wow. So, Robin, thank you very much. Our listeners will just love this interview and all of your insights into the different kinds of business models and everything is just very interesting so thank you very much. I want to remind listeners they can find this on W3W3.com, and also on the NCWIT website, NCWIT.org. So, thank you. Larry:  You bet. Robin:  You're welcome, bye. Lucy:  Bye. Larry:  Thank you so much, Robin.   Series: Entrepreneurial HeroesInterviewee: Robin ChaseInterview Summary: Robin Chase is the Founder and CEO of BuzzCar, and also the founder of ZipCar. ZipCar is an industry leader in car sharing in the United States. They provide cars on demand for users with thousands of available cars around the globe. BuzzCar is only available in Europe, but it allows users to rent out their own cars, and has over 5,000 cars in France with 15,000 users.   " I've always been a person who wants to make it themselves, to try that. That is a fundamental piece of an entrepreneur, maybe there's two parts." said Chase on being an entrepreneur. "One is that every problem I see, I'm always thinking about how you solve that problem. Some of them, I put my hand in and try to start it, try to make it. I make things before I buy things. I think I've had that in me for a long time."   Release Date: October 20, 2014

united states ceo women time founders google europe entrepreneur france new york times canadian mit uber series wall street portugal boy wifi concept cto today show generally fascinating bluetooth 401k national center information technology influential people national public radio release date darn michael lewis flicker interviewees b corps audio files zipcar flash boys datetime robin chase larry nelson ncwit preflabel lucy sanders interview summary zipcars
Interview with Moira Hardek

Play Episode Listen Later Jul 25, 2014 18:52


Audio File:  Download MP3Transcript: Lucy Sanders:  Hi, this is Lucy Sanders. I'm the CEO of NCWIT, The National Center for Women and Information Technology. This is another in a series of interviews that we're having with wonderful women entrepreneurs, people who have started innovative companies, doing great things. All the way from cars, to web services, to education, and lots of interesting entrepreneurs in this interview series. With me Larry Nelson, w3w3.com. Hi, Larry. Larry Nelson:  Hi, I'm so happy to be here. This sounds like it's going to be a real interesting interview. Of course it'll be in a few different places, including on w3w3.com, where you can listen to it anytime you want. Lucy:  That's awesome. Well today, we are interviewing an entrepreneur in the quote "gamification space." The combination of education and the gaming fields, and also, I'm very proud to say a NCWIT member company in our entrepreneurial alliance. Moira Hardek is the president and CEO of Galvanize Labs. Galvanize Labs is a hybrid education and gaming company focused on teaching critical technology skills. They have produced a number of educational video games and most recently, a game called "Taken Charge." That's a merge of players and very captivating learning stories while teaching them some of the fundamental building blocks of a quality technology education. Before that, Moira spent a number of years at Best Buy where she created and piloted a program I think many of our listeners will know well as part of the Geek Squad Summer Academy. This was a really great hands‑on technology education camp. It's still going on today. Very successful, and had a particular emphasis on young women. Before we start with the interview questions, Moira, why don't you give us a little bit about the latest at Galvanize Labs? This is a relatively recent startup, correct? Moira Hardek:  Yes, we're just a little bit over a year old, and our big launch right now is Taken Charge. Taken Charge is all about teaching about the building blocks of technology education. To be able to get into things like coding and game design and more advanced technology topics, we are teaching the building blocks of technology to get more kids prepared to get into more advanced topics of tech education, and we're really excited about it. Lucy:  This is a follow‑up question to that. You're in this hot space of computing education in the K‑12, K‑16 spaces. What are you seeing out there that's going on? Is there a shift, do you think, in the general public's interest of this area? Moira:  I think so, definitely. Technology is everywhere. It's not just an industry and a field to work in, although it's a very, very exciting place to work in. Technology is part of any type of career that you want to be part of. We used to ask that of all of our students when we were taking other types of programs. We've challenged kids. They would say, "I don't know if I really need to have Tech Ed, because I don't know if I want to be a programmer, and I don't know if I want to be a game designer." We challenge them, we said, "Can you name a career or name a job where you're not going to interact with technology?" You can't anymore, so this is important across any type of career that you're going to have. We think this is just a key building block for anything you're going to do today. Lucy:  We agree. We think too, at NCWIT, that we're seeing a key change here and it's good. It's about time. Galvanize Labs is going to play a huge role in that. Moira, why don't you tell our listeners how you first got interested in technology? You had a technology career at Best Buy, and Geek Squad Academy, and now at Galvanize. Tell us a bit about how you got there. Moira:  First, it's that interest in technology, I think probably the way that you get interested in anything. It was just purely curiosity. Not to date myself, but there weren't computer or tech‑ed classes when I was in school. That stuff really wasn't available, and I think the first computers that I ever saw was Apple IIE's, and giant Gateway towers that were like three and a half feet tall. I was just curious. I just wanted to know what they were and I knew just enough to be dangerous. I think I'll never forget the first thing I ever did was, I'd deleted a file that was called "AutoExec.Batch" because I was like, "I've never seen that, or used that before, so I can just delete that [laughs] and get rid of it." Little did I know, you need that for Windows to start. I knew enough to be dangerous. Being dangerous means I did damage. Then I had to learn how to repair things. That's was how I got started... Lucy:  [laughs] Moira:  ...was I was just really self‑taught. Lucy:  [laughs] Larry:  Wow. Lucy:  I guess that's how you learn how to repair things. I have to tell you a similar story that when Bell Labs first brought Unix from out of Murray Hill and West of the Mississippi, I was one of the first Unix Administrators on a little PDP server, and one of my colleagues dared me to erase a file that was a root file. To sit up at root and do an RM minus RF star and he goes, "Certainly it won't allow you to erase the whole file system." [laughter [ Lucy:  Guess what? Certainly it did. [laughter] Moira:  Yeah. Lucy:  Everybody started complaining, "Where are my files? Where are my files?" I almost didn't want to come to work the next day. Larry:  [laughs] Lucy:  It was bad. Moira:  It was the lure of gaming too. I never really had played computer games or anything like that. Someone had told me a story about this game, and it was like, "You can build civilizations." I really like history, and I was like, "Really? You can watch history evolve digitally?" They said, "Yeah, there's this game, it's called Civilization, and it's by this guy Sid Meier." I was like, "That sounds like the coolest thing." It was the original Civ, but you could really only play it on Linux. I was like, "What's that?" They said, "It's another operating system." I was like, "What do you mean? There's Windows, and what else is there?" I didn't know. I learned enough, and I remember I had to learn how to create partitions and a parallel boot on my first laptop I ever to at college. It was a disaster, and I totally blew it up, and I think it took me like three months. I finally figured out how to do it, all because I wanted to see Civilization. Lucy:  That's amazing. Larry:  Yes, wow. You certainly do have a very interesting website too, by the way. Lucy:  Plus, I'm sending her all my broken tech. [laughter] Larry:  Well, very good, excellent, excellent. Oh no, but with all of this in the field that you're in, why are you an entrepreneur, and what is it about entrepreneurship that makes you tick? Moira:  For me, it was just about being able to solve problems. That is just my favorite thing to do, whether it's around the house...Actually, the first thing that I studied in college, and that I was interested in, and I got into it actually in high school, was animal behaviors. I thought that was so interesting because it was very pure and very simplistic. It was "Why do animals do things?" without the complexity of human emotion behind it, and the drama that we can create, and the circumstances of our situation. It was really just about narrowing it down to the simplest basic need. Problem‑solving became something that was really important to me, and so entrepreneurship became really very natural, because to me it's all about "see a need, fill a need." It became, "find a problem, solve a problem." That was my favorite part, and I love to do it, whether it's...I think that's probably why I initially started in tech support, and the same way from...I really wanted to see what the game Civilization looked like, and I spent months. I was, "Darn it," I was going to see that game. I wanted to solve for that. That was the biggest thing for me, and entrepreneurship to me is about solving problems, and I love to do it, and it's why I get up in the morning, is to solve a problem. Larry:  I love it. Lucy:  Along this career path, who has influenced you, what types of mentors or role models? Moira:  Oh my God, I have tons. I think... Larry:  [laughs] Moira:  ...the funniest thing right now, the one that everybody gets a kick out of is I am probably some creepy, perfect hybrid of my parents. My mom spent 35 plus years in Chicago public schools as a teacher, and as a counselor, and special‑ed. My father worked in a lot of Silicon Valley start‑ups, back in the day. To be doing educational start‑ups now is just hilarious for my whole family. It's some perfect kind of...It was very natural to me, growing up around this type of environment. I had no idea what it was when I was a kid. It just seemed to make sense. I never really understood the barriers of big business. It was just always, "Yeah, if you want to do something, go out and do it." As far as mentors go, and role models, my parents were great role models. I have one sister, my older sister Kerry. I think she's probably got to be the greatest role model of strength I've ever had. I've spent most of my life looking to my sister and just drawing from her as an example of strength for my whole life. I've had great role models to look to in the industry. A big role model for me was Brad Anderson. He was the CEO of Best Buy for the majority of the time that I was there. People like Dr. Genevieve Bell from Intel, and Jane McGonigal, I think are other great role models. I have been lucky enough to have some amazing mentors. Probably the most impact was a gentleman named Michael Trebony, and he was my mentor for years while I was at Best Buy, and he's still very influential in my life today. Maybe one of the most important things that he taught me was...There are a lot of really charismatic people out there, there are a ton of leaders, there's a lot of people to listen to, there's a lot of influence. I think maybe the most important thing that he taught to me, "It's not so much about what people say, it's about who's saying it, and what are their intentions when they're speaking to you" I think that was probably one of the most powerful things he taught me. Larry:  Wow. Who is saying it? Well, I'm going to ask you the question now. [laughter] Larry:  What is the toughest thing that you've had to do in your career? Moira:  Probably the hardest thing was making the original jump from working for a company, the original jump into starting my own. Working with me was my team, and we've been together for a while. I think that the scariest part, or the toughest thing for me, is the sense of responsibility that I feel for the team that is Galvanize Labs. There's seven of us that make up the company currently now, I'm incredibly close to all of them. The sense of responsibility [laughs] that I feel for their careers, and their futures, and their families, I think has to probably be the scariest thing I've ever done. I feel so responsible for them. That is the only thing that's ever given me a moment of pause. Usually, I'm pretty risk‑averse, and it really can roll off my back. I probably little bit live on the edge, but when it comes to risking others, that's always the hardest thing. Lucy:  That is hard. Larry:  Yeah, it is. Lucy:  That is hard, and that sense of responsibility never goes away. Moira:  Yeah, it's brutal. [laughs] Lucy:  I know it is. [laughs] You can't just shut it off, and that's for sure. If you were sitting here right now, and giving a young person advice about entrepreneurship, and the things you've learned so far, what advice would you give them? Moira:  I think probably the most important thing is, and I made this mistake early on too, is don't do it alone, and you're never alone. It's funny, for the mentors, and the role models that I had, and the things that you read online. Even to be sitting here doing this interview. I do this interview here as an individual. I don't want to send the message that I've never done it alone. I haven't. I've always had wonderful support of my family, and my spouse, and my team, and my mentors. I've never been alone. I think, when you look at those that are running companies, and those that you look up to, you're looking at an individual. You make this assumption, "Wow, look at what they did, and they did it alone, and they persevered." They're not, they're not doing it alone. They have support, and they have help, and there's a lot of people around them. Don't ever try to do it alone. Bring that support with you. It's OK to ask for help, and it's OK to make sure that you're surrounded. You really want to have that. Then I think the flip side of that is my favorite word, the one that got me through all this was, relentless. That's just what you have to be is just be relentless. Larry:  I like that too. With all the different things that you've been through, and reflecting back, what characteristics do you have that give you the advantage of being an entrepreneur? Moira:  I probably think I'd have to go back to my parents for that one again. In that when we were growing up, they instilled this great sense of personal responsibility. No matter what was happening. I remember getting in trouble as a little kid. We all did it. I'll admit it. You go to point the finger. Particularly at my sister, you have a sibling, it was like, "She did it." No matter what happened, they were like, "What did you do? How were you responsible for it, what could you have done to stop the situation from happening?" It was always about personal responsibility, and even if you saw a problem, and whether you chose to act, and it turned out well, or it didn't, or if you chose not to act, that was still your responsibility. I think the biggest piece about this is really the personal responsibility, so from the responsibility to Galvanize as a company, and the responsibility that I feel towards my team, the responsibility that I feel for the problem that I'm trying to solve. Part of the reason that Galvanize is here is I'm trying to solve a problem, and I feel personally responsible to do that, because I have a skill set that allows me to solve it. That's what brings me here. I think that particular characteristic is what I bring to the table as an entrepreneur, and makes a big difference. Lucy:  It's interesting that you point out this area of personal responsibility when you choose not to act. Moira:  That's a choice too. That's always a big one is choice, and not acting is also a choice. I think most people...I don't know if everybody sees it that way, and again I really felt I had to think how deeply that was instilled in me and ingrained in me is that not acting is also a choice, and you're responsible for that as well. Lucy:  Wow. I think that's so tremendously important, and we don't hear that said very much. There was this one time when I took a leadership course when I was working at AT&T. They were trying to make a point with us, choosing not to act, and not to bring up problems when you see them, and they called it sabotage. [laughter] Lucy:  I thought for a while "Whoa! That's a strong word!" Obviously, I never forgot it. There is an element of truth to that, when you choose not to act. Maybe not. Moira you have a spouse, and you have other friends and family, and other personal interests, and also a busy professional life. How do you bring balance to all the different things you do? Moira:  You hear the conversations a lot about work‑life balance. I've sat in those seminars too, where we get sent to those when you work for a big company, about work‑life balance. I watched a lot of people struggle with it. I was really confused for a while. I didn't feel it, and I didn't see it. I watched people struggle with it, and I thought something was wrong with me. Lucy:  [laughs] Moira:  I remember talking to my spouse about it and I said, "Am I missing something?" What dawned on me is, and it almost had to be explained to me, was the greatest part about what I'm able to do, I know I'm so lucky and blessed to have this is, what I do for a living is also who I am for a living. I bring who I am in my personal life to work every single day. Sure, I don't know if I'd sit through as many conferences as I would, if it was a personal choice. There are some [laughs] professional lines you do draw. As far as my day‑to‑day, and I'll admit there are certainly some hundred‑hour work weeks, and there have been some overnighters. This is a start‑up it's going to happen. The greatest part about myself and my team is what we all do for our jobs is who we are. We have a ton of fun with that. I couldn't tell you where I laugh more. Do I laugh more in my home or at work? I really don't know, because I laugh a lot at both. There's joking, and there may be a little singing and dancing. You've got to dance it out. [laughs] We just have a lot of fun with it because it's just who we are. For me, I really haven't had to struggle with that. I know sometimes from the outside it can be tough, again having an incredibly supportive family. Particularly with my spouse, who puts up with my really crazy hours. I think a lot of the patience comes from...I may be on my laptop, and in virtual meetings at two o'clock in the morning sometimes. She can hear my laughter, and so it's OK. [laughter] Larry:  That's excellent, wow. You've really shared some very excellent ideas, and I have to ask you this. You've already achieved a great deal. What's next for you? Moira:  As far as what's next? It's simple. We like to solve problems, and there will always be more problems, which means more solutions. That's what's we're looking to do. At Galvanize we have four pillars that really define who we are. We think that combining these four pillars can very effectively solve any problem. The pillars for us are, the first one is data, so being able to collect data and information to properly analyze a problem. We believe very, very strongly in education. It's not just education as in school, although that's what Taken Charge is very focused the education of kids. Even whether it's educating someone on a product, or learning about your city in which you live, or learning about the smartphone that you have, knowledge is power, so education is big for us. Game theory, for us, is really what drives everything, and that's our third pillar. Game theory is all about creating internal motivation. It's not just gamification, it's not just having fun, but creating motivation for your user. Then the fourth pillar being a great user experience, and nobody's going to do anything if they have a lousy experience. We think those four things in combination can solve any problem, and we have a laundry list of problem that we'd love to solve. Once we solve this tech ed things, we've got that covered, we'll move on to the next problem. Lucy:  See? Larry:  Yes. Lucy:  It gives me great hope, because we're going to have all of these young people learning these really critical 21st Century skills, and they need them. Larry:  Thank you Galvanize. Lucy:  Yeah, [laughs] thank you. Thank you, Moira. We really appreciate your time. Moira:  Well, thanks so much for having me. I really appreciate it. Lucy:  I want to remind listeners that they can find these interviews at the ncwit.org website, as well as the wonderful w3w3.com. Larry:  Yes. Lucy:  All right, well thank you Moira. We really appreciate it. Moira:  [laughs] Thanks a lot. Lucy:  OK. Larry:  Thanks a lot. Lucy:  Have a great week. Series: Entrepreneurial HeroesInterviewee: Moira HardekInterview Summary: Moira Hardek is President and CEO of Galvanize Labs, Inc (http://galvanizelabs.com/) which she founded in early 2013. Galvanize Labs is a hybrid education and gaming company focusing on teaching technology as a subject, instead of merely a collection of topics.  Galvanize Labs has produced the browser-based, technology education video game, Taken Charge (https://takenchargegame.com/), that submerges players in a captivating story while teaching them the building blocks need for quality technology education. " I have been lucky enough to have some amazing mentors. Probably the most impact was a gentleman named Michael Trebony, and he was my mentor for years while I was at Best Buy, and he's still very influential in my life today," said Hardek about who has helped her along the way. "Maybe one of the most important things that he taught me was that it's not so much about what people say, it's about who's saying it, and what are their intentions when they're speaking to you." Release Date: July 25, 2014

god ceo women game president chicago technology west silicon valley series mississippi windows concept intel gateway linux civilization best buy national center information technology batch release date darn rm rf unix interviewees civ bell labs pdp audio files sid meier galvanize brad anderson jane mcgonigal teched murray hill datetime apple iie genevieve bell really you larry nelson ncwit preflabel lucy sanders interview summary
Interview with Jules Pieri

Play Episode Listen Later Mar 31, 2014 25:13


Audio File:  Download MP3Transcript: Terry Morreale:  Hi, this is Terry Morreale, from the National Center for Women in Information Technology or, NCWIT. This is part of a series of interviews that we are having with fabulous entrepreneurs. Women who have started IT companies in a variety of sectors, all of whom have just fantastic stories to tell us about being entrepreneurs. With me is Larry Nelson from w3w3.com. Hello Larry, how are you? Larry Nelson:  Hello, I can't wait to get into this interview. We love what NCWIT is doing and we have everything posted on our w3w3.com website. It's all business and of course here we're focused on women IT entrepreneurs. Terry:  Today we are interviewing an industrial designer turned entrepreneur, who was named one of "Fortune Magazine's" most powerful women entrepreneurs in 2013. Jules Pieri is the CEO and co‑founder of The Grommet. The Grommet is a company that launches undiscovered products or "grommets" and helps them succeed. The Grommet is Jules' third start‑up. She's also an entrepreneur in residence at the Harvard Business School. Before we start, Jules, tell us a little bit about the latest at The Grommet. Jules Pieri:  The thing I'm working hard on right now is we have an annual competition called the Product Pitch on March 20th. Believe it or not, we're in Boston and we have all of Fenway Park for that. The point that people that listening to the podcast would care about is that we're taking submissions for that. So, if people have an ordinary problem solver or hack that they think the world should know about and if it's in one of two categories, ready for crowd‑funding or ready for market. We're looking at all those submissions starting last night and for the next 12 days. Terry:  Thank you for that information. How did you first get into technology, Jules? Jules:  I guess through the back door. In high school, I simply had that girl disease of not necessarily thinking it was for me but I did keep succeeding whenever I tried. There was a programming course in the high school. It was new to the school. I just kept acing it and I would get 100s. I would never get 100s on the tests. The teacher decided girls couldn't have 100s so he would actually always find something wrong on my page to make it 99. It was bizarre. However, I was always top of the class. So, I guess, I knew I had some capability but it still felt back door even through college because I ended up becoming an industrial designer, which is kind of a different flavor of technology. It's not as hardcore as if I'd studied computer science but you do have to have a really solid base of understanding, particularly in mechanical engineering and ergonomics and human factors and now a lot of new words that people use to describe the things that I had to master. And so, it felt like a blend of business and technology as a profession to me. Terry:  What are some of the technologies you think are cool today? Jules:  Actually, we're just barely scratching the surface of 3D printing. One of the reasons I founded The Grommet was its existence. I was blown away when I went to a prototype lab at Savannah College of Art and Design several years ago and I saw three 3D printers for rent for $15 an hour. I saw that and said, "That changes everything," because for me it was something I could directly relate to because I had been an industrial design student. I knew what it was like to conceive of ideas and then execute them, prototype them. I knew how hard it was without 3D printing and that your ideas could even be limited by your ability to actually build the model or draw something. When I saw that for such a cheap access point, $15 an hour, I was already working on The Grommet but it just sort of made me double down on the idea to see that. I was reading "Food and Wine" magazine last night and they were giving a big overview to 3D printing and showing some spun sugar creations that were being done by 3D printing. And so, it's infiltrating but it's far from mainstream. It's far from the future of when we'll be able to print products at home, but it's so important to the maker movement, which is where I spend my days thinking. It's the one I'm probably most excited about. Larry:  I couldn't agree more. Very exciting area. Taking your background and everything that you've been involved with why are you an entrepreneur? And then, also, what is it that makes you tick as an entrepreneur? Jules:  That's interesting. I think there are genetic entrepreneurs who have to be them. They're born that way. And then there are people who almost become it by necessity. They trip on an idea they have to do. I'm a little of both, more necessity. The both part, genetic part, is that I've always been very comfortable creating things. It's my preference. I've never had a job that any one had before me where I was just repeating something or making it better. As an industrial designer you're trained to attack the white space, to find the opportunity, to not be intimidated about having to create something from your own observations and insights. It's a really important discipline in being an entrepreneur that most people wouldn't have. I didn't know I was being taught to be an entrepreneur but I effectively was when I was learning and practicing as a designer. Having said all that, I wasn't one of those people who walked around saying, "I can't work for someone else." They have to do their own thing. Frankly, I like working for other people because it's way easier than working for myself. I'm a tougher boss. But the necessity part kicked in over the course of my career. "Why do the best products don't win?" That's almost anti‑American or anti‑capitalism to say that because we think that the market decides and the best products win but it's far from true. Today and for a long time it's been the case that people have a chance of making the products you see one of two ways. They either are part of a large organization and then they can muscle their way through. It's still not guaranteed but you have better odds. Or there's kind of a lucky break scenario where Oprah calls or something big happens that's outside of your control. That's a really crummy business plan and it means that a lot of really good products don't see the light of day. That was a business opportunity that I saw that somebody had to attack. It just had to get done. It wouldn't have been possible without technology. Social media, broadband, the ubiquity of video. A lot of things were happening that enabled the business. Honestly, if I think about it, I saw the problem as far back as the '90s, that the best products aren't winning. But earlier I was just throwing up my hands until just before this company. I was president of a social network called Ziggs.com. I saw what social media meant. That was one component of the bigger picture that cracked the puzzle of putting the access to these kind of products and the power into the hands of people, the power to decide which companies we wanted to support by sharing them or buying their products. Social media changed everything. This is really an idea that was enabled by technology and also I have to acknowledge the change of behavior that those technologies enabled. That's the business side. Me, as an entrepreneur, what makes me tick? I went to a really rigorous high school. I kicked myself out of Detroit. Actually I grew up in a tough neighborhood in Detroit and I went to tough public schools until I was 14. And then I was thinking about applying to an exam school. Public school, my teacher that I loved told me to apply to boarding school so I did. I snuck, actually, behind my parents' back and did it. Not because they didn't support it ultimately but I didn't want anyone to tell me, "No." I applied. They had to fill out financial aid forms so they found out. I got a scholarship. Even though I was in this really rigorous academic school it happened to have really wonderful art facilities. And so, I would spend a lot of time making things when I was in school. When I had time at night I would go and weave. I liked wood shop. I liked working in the ceramics studio, jewelry, anything I could make something. It was really important to me and now I'm making a business. I extend that creativity to a whole business model but around me I'm enabling makers as well. I get a lot of kicks out just watching their creativity and then when I need to actually make something I'll do it at home on the weekend. It's really the creation of a business model that's very exciting to me. Terry:  I'm guessing that you had some mentors or role models along the way. Did you have folks that influenced you that way? Jules:  I mentioned that one teacher in terms of he gave me a sense of possibility outside of where I could to on my bike, basically, as a young person. And also when I was in elementary school I read every biography and autobiography in my little school library. Those lessons were really important to me. I really did get the sense an ordinary person could do something extraordinary. It sounds trite, reading books, but I didn't have access to a lot of role models. Nobody in my neighborhood went to college. People went to jail. It was not like I could personally know people who could be my mentors in that environment. My parents were solid and I knew a lot of really solid people in the neighborhood but there were bad things going on around us in Detroit that were going the wrong way. We were part of it. But then I got lucky. Let's fast forward a little bit to later in my career, in '91, '92. I had a boss land on my head in a consumer products company. I've gone back and forth between technology companies and big consumer product companies. I was working at Keds, the show company. Meg Whitman, who ended up running eBay, running for governor of California and now she's CEO of Hewlett Packard. She landed on my head as my boss. I ended up following her and working for her directly in three different companies. I wouldn't call her an entrepreneurial role model. She's not an entrepreneur but I would call her a leadership role model. It mattered that she was a woman, I'm sure, on some level but I had the chance to work so closely with her for so long that I definitely absorbed a lot of her learnings and things that she succeeded. Her techniques and ways she worked with people. Larry:  Boy, that's for sure. I can relate to that a great deal. We interviewed Meg Whitman a number of years ago now. Also, I was born in Detroit so I can relate to what you were talking about. I know you've been through so many different things and I would say you probably have faced a number of challenges along the way but if you had to pick out. what is the single most toughest thing you had to do in your career? Jules:  It was definitely this business and raising money for this business. I literally walked my shoes off to do that. I have a funny picture. I was near MIT and Kendall Square and Cambridge walking from one venture capital office to another in these Stuart Weitzman platform shoes I had on ‑‑ just those basic black shoes ‑‑ started disintegrating. I'm not kidding. They just literally started falling apart and this platform was about three or four inches high so that platform going down to one inch high was a big difference. They were a mess and it was kind of symbolic of what I did. We started the business in 2008 when the sky was falling and we were working on the maker movement before it had words. Nobody had a name for what we were working on and Kickstarter didn't exist yet and 3D printing didn't hit the mainstream press. A lot of things we knew about were just invisible to the average investor and then the average investor was scared to death. Raising money was definitely the hardest but there was one ...We almost died three times. We almost went bankrupt three times. That's no fun to come up with that plan and just unwinding the business. You just have to do what you have to do. There was one dramatic moment which crystallizes it. My shoes were a symbol but there was a moment where it all came together in a positive way but it was coupled with a sad event, although ultimately we raised a wonderful investment from a Japanese company called Rakuten, the third largest eCommerce company in the world and the CEO is kind of the Japanese Jeff Bezos or Steve Jobs. Very, very well known. It's a happy day but at the time I was negotiating that deal my mother was dying. She had colon cancer. This really mystical thing happened. At the moment that she died I got a phone call. I was staying at my childhood best friend's house near the hospital and my aunt called me to say my mother had passed. It was 3:00 in the morning. I was already awake because there was this tremendous lightning and thunderstorm that only Detroit can serve up. I was awake, looking at that. I got the phone call which is the phone call you might expect but never want and then, since I was awake and had my phone in my hand I hung up, looked at my phone, and there was the letter of intent from Rakuten. All three things happened at once. It was amazing. I think my mother went up to heaven and kicked up some dust. Said, "Get this deal done. My daughter deserves a break," and it happened. Terry:  Wow, what a story. Jules, if you were sitting here with a young person today giving them advice about entrepreneurship what advice would you give them? Jules:  I think entrepreneurs, kind of nicely, are almost like modern day rock stars or Olympic athletes but there's a lot that goes with being an Olympic athlete. There's a lot of hard work and defying the odds and being the crazy person. I'd try to help them understand what that looks likes or what that feels like in reality without discouraging them. I'd try to help them find what in their own life symbolizes the ability to be an entrepreneur because it's about taking yourself into some really uncomfortable zones at times. There's not a lot of certainty. There's a lot of anxiety and ambiguity about being an entrepreneur. Even when you're young you might have to deal with that. If you've made choices or you had a choice and you chose something difficult. It's really hard to go away for college. It's against the norm, against the grain and more expensive or you're going where you don't know anybody. Those kind of choices where somebody else took something more comfortable or if you pick an athletic event or a sport that's really hard for you or you try out for a play. If you take challenges that you don't have to take and you get through it you realize you're left standing on the other side. You're still alive and all that. You understand you can do it. I think somebody just thinking they might want to be an entrepreneur wants to look for a bit of a pattern of that in their life, of creating firsts around them. Doing something the first time. I was the first girl in the Detroit Public Schools to wear pants to school. I was really young and I was just mad that it was freezing cold there and I had to wear a dress. I went home at lunch one day and changed. The policy changed the next day. It was bizarre. It was just like somebody standing up to it. I don't know. Something collided but even pretty young people have those kind of opportunities to do something different than the norm and claim it as their own achievement. I'd look for a pattern of that. I think that there has to be a bias for action as an entrepreneur. You have to be able to defer gratification, have good impulse control because you're not going to get a lot of feedback in the near term every day that you're doing the right thing. If you're doing something really big, really different you're automatically going to get the opposite feedback because there's nothing like it out there and people can't make easy comparisons to match patterns about your idea. If you're working on something pretty big the world provides a lot of friction for a while. If you're somebody who does not need that immediate feedback, has some inner strength and confidence about your ideas, that helps a lot, too. Larry:  With all the different things that you've been through and the things you've started and faced all different types of challenges what would you say is the single most personal characteristic that's given you the advantage of being an entrepreneur? Jules:  Definitely tenacity because it never was easy for me to do anything I did. To leave home, go to boarding school. To go to school in a tough school where I was worried about chairs flying over my head instead of studying. Everything I did as a young person required tenacity, sticktoitiveness. There's a lot of truth to that kind affirmism about 90 percent of success is just showing up. That somewhat defined another quality of being an entrepreneur is tenacity. Terry:  What do you do to bring balance into your personal and professional lives? Jules:  What is that? Larry:  It starts with a B. Jules:  I'm a little unusual. I have done two other start ups but this was the first one I started. It's a really higher level of commitment when you start the company and the buck stops with you. I started this company when I was 47. That's pretty meaningful because I have three sons and the youngest was in middle school at that time. I had one in college. Basically my boys were somewhat autonomous at that time. That made a big difference because, for me, it would have been really hard to do this at the level of commitment I made and the tough economic times where the wind was definitely in our face if I'd done it at an early stage in my life. I was also more efficient and effective. I had a better network than I did when I was younger. I'm very confident in my decisions. I never do something twice or take longer than I need to. My co‑founder, similar vintage. We practice divide and conquer. It's an excuse. We never do the same thing together if one of us can do it. That helps, too, to have a strong co‑founder. But I will say, having said all of that, that it helped having oldere family be more effective myself, being older. I did let the physical side of balance go in 2011. It's 2014 now. It's been a couple years since I had time when I said, "Look, I'm going to re‑calibrate here." It was a pretty traumatic time. It was hard. My brother had just died and my mother was sick. The economic times were horrible. We had a lot of financial stress from me not getting paid and my husband's work was a little bit dried up for the time. Here's the kids in college. Huge demands. I even had a little battle with cancer so a lot of really hard things. I just named a grocery list but it didn't seem like a grocery list in those years. I was getting worn out, basically. No better way to describe it. That was an unusual feeling for me. I did have to re‑calibrate. I did have to focus more on sleep. Really basic things that you could read in any health magazine but basic things. Diet, sleep, exercise. I had to make sure I was covering those really well and I still do. I'm really disciplined about exercise and sleep now. Sleep's a weapon that I didn't really recognize it as a weapon before but I do now. Larry:  You have really been through a great deal personally and professionally. You're on an exciting road right now with Grommet. Jules:  We grew 450 percent last year. We've launched products now that you would know but when we launched them were unknown. Things like Fitbit. Wearable technology is such the rage. We saw the potential of that way before the average person or investor or retailer would see it. We launched an ordinary kitchen device, the SodaStream. It makes soda. It's a kind of eco‑friendly product for your home. We launched something that you see in every start‑up office on the planet now, IdeaPaint. I'm sitting at the Harvard Business School at their Innovation Lab, the wall is painted like whiteboard. You can write on the walls thanks to these debts and college entrepreneurs. We are moving from where we used to be which was recognizing what could make a market to now we actually move markets. Our community's big enough that when we launch a product the sales and social entity trait is meaningful but because we're trusted and respected by bigger companies, like media companies and retail companies our Grommet makers get those phone calls and press coverage and the things that they dream of because The Grommet has lent their reputation to them. A new product every day at noon with a video story that's been thoroughly researched. We see about 200 ideas a week and we're only working with five. Only five of them are Grommet worthy. We've created a global community of people to submit ideas to us. This year we have a goal that 30 percent of the Grommets we launch will be totally new to market. Nobody's seen them before. We pick up where crowd‑funding platforms leave off, ready to become a company. We have a goal that eventually, I think it's going to take a couple more years, we'll be a household name so that when somebody has a great idea they think of us first. It's their first choice for, "How am I going to take this from first production run to a business? How am I going to gain the trust and get my story out there in a way that has enduring impact, that will help my business be sustainable." I want the next thought to be, "The Grommet." This year we'll grow to have about three and a half million people in our community to see The Grommet every day. One in 150 Americans, something like that, will be part of our community. That's on the supporters side. They're not necessarily makers but those supporters send us ideas. They use a product they love or they've heard of one and they send it to us because it would be really old fashioned for us to have a giant team of scouts when social media, anybody can be a scout for our business and they are. They can submit publicly to something called our Citizens Gallery. Anyone can see the ideas that we're seeing that come through that particular vehicle. Others come in through Pinterest and Twitter and Instagram. There are lots of social media vehicles for getting ideas our way but the Gallery on our own site is the one where it's easiest to see some of the ideas coming through. Clearly so. I want to be associated with that. I want to be heroic to makers. I want our business and our community to be heroic to them, to change the game. It sounds so basic. Changing how products get discovered and sold. It's so generic. The way I describe our business is a product launch platform. Those words don't really mean anything but neither did crowd‑funding or online auctions or Internet radio. If you do something really new you have to invent words for it and then eventually the words mean something to other people. That's the goal. Larry:  That's super. Obviously there's a lot coming up for you in the next number of years. We'll have everything posted on the w3w3.com website, our blog, our podcast directory, and most importantly the NCWIT.org site. I want to thank you for joining us today, Jules. Terry:  Yes. Thank you so much for your time. We appreciate it and we know our listeners are going to be thrilled to hear what's been going on with The Grommet. Larry:  That's a fact. Jules:  Great. Thank you so much. It's fun to take the minute to think about these things and share them. It actually energizes me. I thank you. Larry:  That's great. Series: Entrepreneurial HeroesInterviewee: Jules PieriInterview Summary: Jules Pieri is the founder and CEO of The Grommet. The Grommet is a company that launches undiscovered products or "grommets" and helps them succeed. "Meg Whitman, who ended up running eBay, running for governor of California and now she's CEO of Hewlett Packard," Jules said of one of her leadership role models. "She landed on my head as my boss. I ended up following her and working for her directly in three different companies. I wouldn't call her an entrepreneurial role model. She's not an entrepreneur but I would call her a leadership role model. It mattered that she was a woman, I'm sure, on some level but I had the chance to work so closely with her for so long that I definitely absorbed a lot of her learnings and things that she succeeded." Release Date: April 3, 2014Interview Subject: Jules Pieri, Founder and CEO of The GrommetInterviewer(s): Terry Morreale and Larry NelsonDuration: 25:12

ceo women american california founders art internet social olympic games americans design food sleep japanese mit public detroit 3d wine diet oprah winfrey raising series kickstarter pinterest boy honestly ecommerce cambridge ebay concept steve jobs harvard business school gallery fitbit national center frankly information technology hewlett packard release date interviewer wearable fenway park fortune magazine rakuten innovation labs savannah college interviewees sodastream audio files meg whitman keds detroit public schools datetime grommet stuart weitzman kendall square jules pieri larry nelson hello larry ziggs ncwit preflabel interview summary
Interview with Jenny Lawton

Play Episode Listen Later Mar 31, 2014 16:43


Audio File:  Download MP3Transcript: Terry Morreale:  Hi, this is Terry Morreale from the National Center for Women and Information Technology or NCWIT and this is part of a series of interviews we're having with fabulous entrepreneurs, women who have started IT companies in a variety of sectors, all of whom have fantastic stories to tell us about being entrepreneurs. With me is Larry Nelson from W3W3.com. Hello, Larry. How are you? Larry Nelson:  I'm excited to be here, of course. This is an absolute favorite series that I'm involved with, W3W3, and the fabulous women and the entrepreneurs and the people who are doing things. You can hear it all here. Terry:  Good. Tell us a little bit about W3W3.com because these will, of course, be available on W3W3.com as well as the NCWIT site. Larry:  We'll also have it in our podcast directory so those that listen to it via podcast. We'll have it on our blog, also. We've been doing this since January '99. We are just really excited and pleased that we are focused strictly on business. Terry:  Today we are interviewing a serial entrepreneur who has started everything from bookstores to IT consulting firms. Jenny Lawton is the president of MakerBot. MakerBot is a company that specializes in 3D printers and has been on the cutting edge of the industry since its inception. Jenny has been with the company since 2011 and has been responsible for the overall strategy and growth of the company, including strategic partnerships, product development, and retail. Before we start, Jenny, tell us a little bit about the latest at MakerBot. Jenny Lawton:  MakerBot's been busy. We just came back from a consumer electronics show in Las Vegas where we announced three new hardware product lines and five new software products and applications that create a 3D printing ecosystem. We're very proud to finally launch these products after a good, long year of development. Terry:  Tell us how you first got into technology. Jenny:  My getting into technology was, my parents would probably, say a real accident. They don't quite understand it. My father has a PhD in Middle Eastern History and my mother has a master's degree in Sociology so my graduating from college with a degree in Applied Math was a real anomaly to them. On top of it, my only brother went to art school so to say it was an accident is not an overstatement. All of my upbringing was around Liberal Arts and reading and learning about history and how people work. When I went to college I started out to become a doctor and I found out when I started my program at school that chemistry was really hard. And so, I decided to do something that I felt was a lot easier for me which was math. That's where I really fell in love with learning about logic and how things work and solving problems, which I think is a lot of what's behind technology. My entrance into technology came in going to college as a math major. My path to technology wasn't direct. I left college and worked with several engineering firms that really weren't technology based but my third job I started working at MIT Lincoln Laboratory, which is an academic laboratory that's funded by the military as well as MIT where there's a lot of defense work that goes on. I really fell in love with real time programming. I worked on a radar project. I just loved the way that computers could make things work. That's really where I fell in love with technology and all things...And the Internet and learning how to make things work. Terry:  What technologies do you think are cool today? Jenny:  I still am really connected to the Internet. I know it's passÈ at this point but I left the technology industry for about 10 years. I was both shocked and also really heartened to come back into the world and find out that there have been a lot of advancements in technology but there's still so much more to do. I love the concept of connecting things to the world and the Internet is just this amazing network. It's built to not break. I love the tenacity of it. I love its flexibility and all the different things that you can do with it. I really like some of the projects that are going on in the hardware space, the world of robotics and how you can make things be smarter and do more interesting things. Those are the areas that are really intriguing me right now. Larry:  Let me throw a little curveball at you, a two part question. One, why is it that you're an entrepreneur? After all, it's not like it was in the family. And then, also, what is it as an entrepreneur today that makes you tick? Jenny:  I get asked this question infrequently, but I also spend a little bit of time trying to figure out what makes me tick. When I look back at it, I realize that I've been an entrepreneur since I was a little kid. I always kept files on everything. As a kid I was very curious and was always starting clubs and projects and getting people to join in and do things. I, of course, was always in charge. I probably still have some of the paperwork from some very complex clubs that I created in fifth grade. I started out early and then I did a lot of different things as a kid. My dad was in the military when I was young. After the military he was an academic, so we never really were in one place a lot. We traveled around, so I got to sample the world a lot and do a lot of different things. I read a lot. I was always into organizing things. I was a really big reader, so I created my own library. I did a lot of calligraphy as a kid, and I went and sold my services to everyone in the little town that I grew up in. I made all the little signs in most of the little stores and I sold those services. I had a very, very healthy babysitting business in high school. Not just babysitting, but doing summer camps and organizing things. In middle school, I organized birthday parties for kids. I was always putting together a concept that would make money that I needed to make. It supported my other interests and habits, but also let me sample the world and see how things work. I got to interact with selling services to people. I got to figure out what people needed, what pain needed to be taken away from people that I could satisfy. I really feel like, growing up, I was sort of entrepreneurial in most of what I did. My first four jobs, I was working for someone and I loved my fourth job. I loved working for the CEO of the company. The CEO was Bill Poduska. He's well known in the Hardware Technology Space. He started Prime Computer. He started Apollo Computer. He was just so fascinating to me. He talked about being an entrepreneur and what that meant. I hadn't really heard that concept before that. When that company went under and I started my own company, it took me awhile before I realized that that's what I was, because it wasn't quite a buzzword yet. I love being able to start something and then see it grow into something that goes somewhere. I realize that that's what fuels me as an entrepreneur. Terry:  You mentioned a previous boss you had that influenced you. What other mentors or influencers did you have along the way? Jenny:  I always have to give my mother credit. I was born in the 60s. My mother was probably one of the first subscribers to "Ms. Magazine," and was always telling me that I could do whatever I wanted to do. I believed that. I took that on whole‑heartedly and my whole approach to life has always been, I could do what I wanted to do. It was that concept that my mother taught me, that if you want to set your heart on something and you want to set a goal for yourself, you're the only person in the way of achieving that. Whether you achieve it, or don't, is in your control. I have to give my mother a lot of credit there. My first boss, Nadine Yates was an early mentor of mine. She was just such a wonderfully well poised woman, who also gave me a lot of latitude in my first job. She could see that I had a lot of ambition, a lot of different interests. She tried to fulfill those, see what they were and give me lots of different options and the ability to grow and learn in a company, even though I was a young kid out of college, working for a very old‑world consulting engineering firm. She also gave me the sense that if I put my mind to something, or I set my sights, I could go for that. Another interesting influence on my life ‑‑ and I wouldn't call it a mentor ‑‑ my tenth grade math teacher told me that I would most definitely fail math because girls can't do math. [laughter] Jenny:  When I decided to become an Applied Math major, those words were ringing in my head. I was pretty satisfied to go back to visit him after I had become a math major, to let him know that he was dead wrong. [laughter] Jenny:  Then, Brad Feld, who is a friend of mine, serial entrepreneur, VC, is a long time mentor of mine. I just always love to see what he's doing, and really enjoy the group of people that he interacts and works with. I've never gone wrong interacting with his [indecipherable 09:22] group. Larry:  I can see now where I must have met you in the past around Brad Feld and his teams. Jenny:  [laughs] Terry:  You'll be happy to know I saw Brad about a week ago and he was wearing a MakerBot t‑shirt. Jenny:  Oh great! Terry:  [laughs] Larry:  Very good! Jenny:  [laughs] Larry:  You know, with all the different things that you've been through, it's really interesting, your history and the different things that you've tried. What is the toughest thing that you've ever had to do in your career? Jenny:  There have been a lot of tough things. Some of them sound trite. Some of them are heavy. Traveling a lot has always been a tough thing in my career. It's sort of part and parcel to my job, but it was really hard for me being a mother of young children, having an entrepreneurial business and traveling a lot. It definitely caused a lot of stress in my relationships and just made me tired a lot. Travel is always something that I list. It's something that's just tough and I know it can sound trite, but I think that in some ways it could have been a limiting factor in my career because it's just always been something that's tough. I sold my company and that's tough. It's like selling your baby to someone. There's this awesome amount of good stuff that comes out of selling a company, whether it goes well or not. It's a big achievement to grow something to the point where someone else wants to acquire it. Just that milestone itself is a huge success, but it's also a really tough thing to do. I think equally, buying people's companies is also really hard. I love doing it. I love the synergies. I love all the energy that comes out of it but it's also a really tough promotional exercise to go through. I also think that I had to shut down, not quite shut down, my coffee shop and my bookstore in sort of a down market. That was really tough, really hard stuff to do because you become really very emotionally attached. Retail is really one of the hardest things I've ever done in my life. It's just gut‑wrenchingly hard. You're living on the edge and especially small retail. It's just a lot of hard work. I think that the toughest thing I've done is taken time off. It's really hard to take time off and getting out of balance and not giving yourself enough time, I think is not good for your career but forcing yourself to take some time off is just an incredibly difficult thing to do. Terry:  What do you do to bring balance into your personal and professional lives? Jenny:  I started exercising, at one point. One of my assistants at my consulting company was an ultra‑marathon runner and a personal trainer. Good for me and also a little scary for me when I realized she was going to take her executive assistant role beyond my scheduling and make me work out and do exercise. Terry:  That's really funny. Jenny:  It was also just one of the best things anyone had ever done for me. It really brought me an appreciation for taking the 30 minutes to 40 minutes out in a day to give yourself some down time to do something just for yourself. Exercise became an important part of one of the things that I do to bring a little balance into my life. When I had my bookstore and cafÈ, my kid was a rower for his high school at that time. I became very involved with a master's rowing program. I rowed competitively which was just awesome. I loved being with a group of people who are people I wouldn't normally meet to be able to do something that we all loved, rowing, and being able to do something. Also, being able to compete. I love getting medals. Going and winning medals was really awesome. That was another way that I brought some balance into my life. I think what I got out of all of that, I just learned some wonderful lessons. I love being able to take the concept of if you over‑control the oars in a boat, you just don't row very well. If you over‑control what you do with your employees in your company they just don't work very well. Being able to take those lessons that you get from doing more balance things in your life and bringing them into your business world has also been really satisfying to me. Larry:  I can just tell from the various things you've said and outlined that you've been through, that there are many different characteristics that would give you the advantage of being an entrepreneur. But if you were to pick out a single, most important one, what would it be? Jenny:  That's a tough one. Just one? [laughter] Jenny:  I think that probably what bubbles up to the top all the time is I just have a natural curiosity and energy. I'm always curious about how something works and I want to know how it works or curious about where something's going to go. Learning more about a topic or how things are going to grow and impact the world. I'd say the curiosity is probably the single characteristic that would come up, in my life as an entrepreneur. Larry:  I can believe that. Terry:  Jenny, if you were sitting here with a young person and giving them advice about entrepreneurship, what advice would you give them? Jenny:  The first advice that I always say is that you don't ever get to be an Olympic athlete without falling on your butt a few times. You have to be willing to fail and try and try again in order to be able to get to the success. The other thing that I tell people, over and over again, is that networking is key. You need to meet people, understand what your relationship is with them, and stay engaged with people that you meet in the world because you just never know where it might go. I've found that almost everything I've done in my life has come out of a relationship that I've developed and nurtured and maintained with people. The other thing I tell people, I tell people this in interviews, I tell people this when I'm reviewing them, I tell people this in general, is that, if you're not happy doing what you're doing, don't do it. Life is way too short to spend your time doing things that aren't satisfying to you. Go out and find out what is that is satisfying to you and then do that. Larry:  That is excellent advice. I have to say just one thing. If somebody's driving down the highway right now listening to this interview in their MP3 player, tell us your website. We'll have it posted in a number of different places too. Jenny:  The website for MakerBot is www.makerbot.com. Larry:  All right. You have achieved a great deal. By the way, you listeners out there, go to her website. It is absolutely excellent. There's a lot to see. It's really fascinating. Now Jenny, you've already achieved a great deal. What is next for you? Jenny:  MakerBot has a long way to go. There's a lot of stuff I'm doing at MakerBot that is really exciting. We more than doubled last year in size. I'm continuing to grow MakerBot right now and leading the next industrial revolution. Larry:  That is one heck of a great statement. Wow, I want to thank you for joining us today. Terry:  Yes. Thank you so much. We appreciate your time and we know the folks listening to this are really going to enjoy it. Thank you. Jenny:  Thank you. Terry:  Have a great afternoon. Larry:  Yes. Jenny:  OK. You too. [music] Series: Entrepreneurial HeroesInterviewee: Jenny LawtonInterview Summary: Jenny Lawton is the president of MakerBot, a company that is leading the way in 3D printing and printers. "When I look back at it, I realize that I've been an entrepreneur since I was a little kid," Jenny said of when she became an entrepreneur. "I always kept files on everything. As a kid I was very curious and was always starting clubs and projects and getting people to join in and do things. I, of course, was always in charge. I probably still have some of the paperwork from some very complex clubs that I created in fifth grade...I love being able to start something and then see it grow into something that goes somewhere. I realize that that's what fuels me as an entrepreneur." Release Date: March 31, 2014Interview Subject: Jenny Lawton, President of MakerBotInterviewer(s): Terry Morreale and Larry NelsonDuration: 16:43

ceo women president learning internet las vegas olympic games travel phd ms mit exercise 3d series traveling magazine retail concept vc sociology national center information technology release date liberal arts interviewer interviewees audio files brad feld makerbot datetime applied math middle eastern history larry nelson jenny lawton ncwit preflabel interview summary
Interview with Sherisse Hawkins

Play Episode Listen Later Feb 19, 2014 16:50


Audio File:  Download MP3Transcript: Lucy Sanders:  Hi. This is Lucy Sanders, NCWIT, the National Center for Women & Information Technology. Today we have another interview with a woman who started an IT company ‑‑ a very innovative company, very technical ‑‑ I'll be talking with her. With me, Larry Nelson, w3w3. Larry. what's going on? Larry Nelson:  We are really interested, in particular, working with entrepreneurs. We love working with women ‑‑ I have four daughters, so I have that leaning. In the mean time at w3w3.com, we have thousands of actual interviews up on our website right now and the better ones, of course, are NCWIT Heroes. Lucy:  Like the one we're talking to today... Larry:  Exactly. Lucy:  ...who happens to be a former Disney Imagineer/Engineer, I have to say, which is pretty cool. I'm sure that she had that little Mickey Mouse on her business card from when she was working there. She has a great passion for large‑scale projects especially, were she can lend her creativity and technology skills together. Being an engineer by training ‑‑ she did go on to become vice president of product development and also software development at Time Warner Cable. Today, we're interviewing Sherisse Hawkins, the co‑founder and CEO of Beneath the Ink. Just a really awesome company that I know she's going to want to tell us a little bit about. But it provides Apples enhancements for E‑Books. It's like you get to provide additional content and not disrupt the flow of your story or the flow of your book. The way authors do that is, they embed these enhancements called Binks which, I think, is so awesome, like beneath the inks. Anyway, they give readers more insight into the characters and data, places and things like that. Just so you can do that if you want to and not disrupt the story either. Before we start, Sherisse, tell us a little bit about what's going on at Beneath the Ink. Sherisse Hawkins:  Beneath the Ink is at a very interesting phase in our life cycle. I think every day is an interesting phase in the life cycle and I was joking with the co‑founder of Loyalty about how we're in what I referred to as engineer or entrepreneur hours. That is every hour of physical work to a week in real world, every week of mine is once a year. It is an incredible fast paced. We're looking at bringing on new authors to the office portal and they are releasing our fifth book this week into world. There's no shortage of excitement and not a lot of sleep. Lucy:  I remember when you were just kind of hatching this idea. How long ago was that? That was, couple of years ago, right? Sherisse:  It was. I actually left my corporate position with a great role. I really enjoyed that phase of my career. It was on Friday, April the 13th. I left my corporate position back in 2012. Lucy:  It's exciting to see you bring this concept forward! I know it's something you are really passionate about. Sherisse, tell us a little bit about how you first got into technology. You have an awesome technical background. How'd you get there? Sherisse:  I really credit my interest in technology and pursuing my education as well as my career, with one person. That was my high school geometry teacher. His name is Mr. Worth. He knows that I speak about him whenever I have an opportunity. He turned math into a very exciting experience. I believed I could conquer anything in his class. I excelled in that particular class. It was through that experience of really loving math and science in his class that made me pursue and even think about taking on an engineering degree. I knew as soon as I left high school that I wanted to be an engineer. It was just a matter of what type. Lucy:  That was a real gift. Excellent teachers. I had a high school math teacher in [inaudible 03:53] that piqued my interest, also. Just that subtle form of encouragement of having a great teacher. It's awesome! Sherisse:  Literally, he put on a cape with a Pi symbol on back and come into class with this enthusiasm and tongue‑in‑cheek. He made the entire class so much fun. He wasn't afraid to take risks and just really be...Bring some life into a subject that can often be taught in a way that's not as engaging. Lucy:  As you look out at the technology spaces today, and you're a technologist, what technologies do you think are particularly interesting? Sherisse:  I'm absolutely biased because I love content. It wasn't until I started this company that I realized that my career has pretty much been associated with entertainment, leisure activity and content for the past...over 20 years. At each job I've thought, "Oh this is different. I'm doing video now. I'm doing invented software for..." In that case, it was that [inaudible 04:49] . When I really sat back, I realized that in every case it was the wrong story. It was the wrong content. It was the wrong entertainment and learning. I have a very strong bias around those things. How we learn. It's the stories that impact our lives. It's the analogy that helps us learn. I'm very interested in things that allow us to unlock the story behind the story and learn to go through that process and connect with other people through that process. Nelson:  That was all the different things you've done! You were with some very big and important companies. Why are you now an entrepreneur? What is it about entrepreneurship that makes you tick? Sherisse:  My boss at my last job, he would ask me every year, "Where do you want go? What do you want to do?" Each time, I would say, "I can't wait until we get this product out." We had a goal of having it reach every subscriber at Time Warner Cable so we could literally send it right to the people. We designed the system. We hired the team. When we started out, I was employee six starting out of this large company. It just grew to the point of across the United States and every Time Warner Cable subscriber. I found out near the end of that journey, and my boss asking me, "What do you want to do next?" I didn't have good answers for him, because it was that part of starting from nothing and taking it to something really large, that's the part that I really enjoyed. For some people, once you get to that place, it's, "OK, we can enhance that or we can move a little bit further." It's that really steep learning curve, that fear of whether or not it's going to work at all that I realized it really made me tick. The same thing is that when I was at Disney and building their theme park in Paris and wondering whether it was going to open on time. It's that really steep learning curve, the pressure of getting it done, the pressure of bringing it to scale, that I love. Once it's out there and in that scale, honestly, that's when my enthusiasm wanes and I knew it was time to move on to the next project. Lucy:  You've got your hands on something you're bringing to scale right now, huh? Sherisse:  That's true, yes. [laughs] Lucy:  It's so interesting. Along this career path of yours, and you mentioned your high school math teacher, who else has influenced you to take the career path that you've taken? Sherisse:  There have been wonderful mentors. There was a guy named Ron Howell that I worked for at something called [inaudible 07:14] and I had just had my daughter. He said, "I think you'd be great in management. I think you'd be a great project leader and I think you should try it." I remember thinking, "I wonder if that's true. I don't know. It sounds like it could be interesting." But I made him promise that he would hold my system architecture job open for a few months, because I really wasn't sure I wanted to leave technology behind and lead others and go into a different role. It turns out, I loved it. I loved working on new projects. I love seeing people excited about things and we can have such a broader region impact when you're helping others move through a process, whether you're leading them through the project or leading them through a successful new design process that's much, much than working as an individual contributor. I credit people, like Ron, who were giving me the chance and encouraging me to take more of a leadership role, that really shifted my career into a completely different space of leading larger projects, having larger teams and impacting people in a broader way. Nelson:  That's super. Lucy:  Sounds like a real sponsor. Nelson:  Yeah, you bet you. Now, with all the different things that you've been through and that you've done and accomplished, what's the toughest thing that you've had to do in your career? Sherisse:  Without question, it is when projects do not go well and when you are in that leadership space and you have to either cancel, downsize or change the dynamics of the team. People don't talk about that very often, but in the lead positions that I've had, there are situations where we had to lay off people or make major changes or cancel projects. That's true whether you're [inaudible 08:53] or not, but it is definitely the hardest thing to do when you're dealing with people, projects getting lost in their livelihood. That's definitely the hardest thing on an overall standpoint. The hardest technical problems we've had to solve are absolutely the ones we ran across with Disney. There was a project where they said, "Well, assume the fault," every two minutes and then, reform. [laughter] Sherisse:  That was the hardest technical problem that we've ever had to solve and we did solve it, but I just can't tell you how. [laughter] Lucy:  A secret, a Disney secret. Nelson:  I lived in Tokyo when they opened up Disney in Japan. Sherisse:  Oh awesome. Lucy:  Do you know any Disney secrets? Nelson:  Nothing that I can talk about right now. Sherisse:  That shows you that whatever you can imagine, there is a solution. It took us a lot of trial and error, but I truly believe that anything is possible if you apply yourself. Lucy:  Yeah, it's the power of invention, right? Nelson:  You've got it. Sherisse:  Yes, absolutely. Lucy:  If you were sitting here with a young person and giving them advice about entrepreneurship, what would you tell them? Sherisse:  I've thought about this question and the thing that struck me the most was that the description was a "young" person. I am not a young person and I started to be an entrepreneur. There are advantages to realizing that you can be an entrepreneur at any age. I think that we focus very much on working right out of school and taking advantage of when you're in your 20s you should be an entrepreneur. One of the things that's most powerful about our team is our collective ages. Our ages range from 21 to mid‑50s. We're all doing this for the first time. There's just something wonderful about creating a new experience and a new product, no matter what your age is. Even to a young person I would say, "Don't feel like if you don't do this before you get married or before you're 30, that you can't do it." When you have a good idea and the market lends itself and you have the chance, I say you should go for it. Lucy:  That's an excellent point. I think the research bears out the fact that a very high percentage of first time entrepreneurs that are successful are not young. They are not in their 20s. Nelson:  That's right, absolutely right. What do you think has given you the advantages of being an entrepreneur, especially with all the things you've been through? Sherisse:  My husband would answer this question for me. He would say tenacity. Tenacity taken to an extreme can maybe not be as positive of a personality trait, but I'm one of those people that just won't quit. If I want to understand something or learn something or I'm curious about something, I will continue to work at it until I figure it out. I think that's what got me through engineering school. It wasn't like I was some brilliant Einstein kind of brain going to college, but it was working hard and realizing that you take small steps to get to big goals. It's that tenacity that has really helped carry us. I'll tell you a story about Beneath the Ink specifically. When Alex and I went to a book conference earlier this year, we had a particular piece of technology working. We had multiple people come up to us and say, "That's not possible." We just sort of smirked, because literally in his back pocket was iPad running a prototype of Beneath the Ink where we had gotten this specific feature to work. It was almost a sense of we didn't know that you shouldn't be able to do it that allowed us to keep working at it months ‑‑ week after week ‑‑ until we had it to a point where it was commercially viable. Lucy:  There's no question about it. You all are really inventing some new technology with what you're doing, which makes it even more exciting for an engineer, huh? [laughter] Sherisse:  Definitely. Lucy:  Why don't you tell our listeners a little bit about how you bring balance between your personal and your professional lives? Sherisse:  That's another one that's hard. I think having done this for over 20 years have helped. I won't say that it's perfect yet, but I think making sure that there are certain priorities. I go home every night, and I have dinner with my family. It doesn't mean that I don't have a second shift after everyone's asleep, but it does mean that I make it a rule to be home at certain times of the day ‑‑ help my daughter with homework, be available on the weekends, and have some balancing time for myself. I'm a big believer in yoga. I like to do triathlons. There's carving out time each week to do those physical activities. They keep you healthier. They keep your mind sharp. There's always studies about if you go out and have a walk in the middle of the day, how much more productive you will be than if you skip lunch and you don't ‑‑ kind of change your perspective. I hold those things very, very dear. I won't give you that it's not hard. In the one sense of starting an entrepreneurial business when you're younger, not having as many roles, I can see it being somewhat easier. But there's still a juggle to keep balance and to keep your health. Even if you don't have a family to go to every night, there are still responsibilities that you have to meet. Nelson:  You've done so much. You've achieved a great deal already. What's next for you? Sherisse:  We have a goal of having a billion books with Beneath the Ink content in them. We're very serious about being able to see this technology in places that we haven't even imagined yet and work this project goes beyond its initial commercial launch. I believe strongly in giving back to the community. I want to see our Beneath the Ink core available at every school so that students can utilize the tools to enhance their projects, their research papers, and have ways for kids to compete, get awards, get recognition for their creative writing and their research. I see the next phase of the project being a great product, revenues, sustainability, growth in all of the commercial sense, but also success for us being able to give back and seeing this used in the educational system across the US and maybe abroad. Nelson:  Wow. Lucy:  There's no reason why it's not a global product, right? Nelson:  You bet. Sherisse:  Right. Lucy:  Absolutely no reason. I'm sitting here. I wrote this down. It's a billion books with Binks. Sherisse:  A billion books with Binks. Lucy:  B cubed. Nelson:  I like that. [laughter] Lucy:  I love that. I'm so in love with this Binks. [laughter] Nelson:  I know. You talked about it before we called her. Lucy:  I love it. Sherisse:  We've been shocked at...Without any promotions, we've done several books as promotional titles without any advertising. We've gone from having 100 downloads a week to over 100 downloads a day ‑‑ not just in the US ‑‑ but I think we're up to 9 or 12 countries. There's clearly an interest and the desire to explore different content. I wish we could talk to each of those people and figure out how they did hear about us, but it continues. The momentum is building, and we see a bit of a snowball effect. When we looked at the numbers last week and saw over 100 downloads in a single day, we were thrilled. I hope that trajectory continues. Lucy:  Best of luck. I'm sure it will. You've got a great concept, and we know you're a great leader and entrepreneur. Thanks for talking to us. Nelson:  Yes! Sherisse:  Thanks for having me. Lucy:  I want to remind listeners that they can find these podcasts on W3W3.com and ncwit.org. Nelson:  You bet. We'll make sure we'll have it on our podcast directory and the blog. Lucy:  Sherisse, thank you very much. Sherisse:  Thank you. Lucy:  All right, bye. Nelson:  Bye‑bye. Series: Entrepreneurial HeroesInterviewee: Sherisse HawkinsInterview Summary: Sherisse Hawkins is the co-founder of Beneath the Ink, a company that provides app-less enhancements for ebooks. "There are advantages to realizing that you can be an entrepreneur at any age," said Sherisse about when she became an entrepreneur. " I think that we focus very much on working right out of school and taking advantage of your youth when you're in your 20s, but one of the most powerful things about our team is our collective ages. Our ages range from 21 to mid‑50s. We're all doing this for the first time. There's just something wonderful about creating a new experience and a new product, no matter what your age is." Release Date: February 19, 2014Interview Subject: Sherisse Hawkins, co-founder and CEO of Beneath the InkInterviewer(s): Lucy Sanders and Larry NelsonDuration: 16:49

united states ceo women disney japan tokyo series ipads ebooks albert einstein concept loyalty pi apples beneath hawkins mickey mouse national center information technology ink tenacity release date interviewer interviewees audio files time warner cable binks datetime larry nelson sherisse ncwit preflabel ron howell interview summary lucy sanders
Interview with Sian Morson

Play Episode Listen Later Feb 10, 2014 15:52


Audio File:  Download MP3Transcript: Lucy Sanders:  Hi. This is Lucy Sanders. I'm the CEO of NCWIT, the National Center for Woman and Information Technology. This is another in a series of interviews of interviews that we're doing with just fantastic women who have started IT companies, very, very inspirational women. With me is Larry Nelson from w3w3.com. Hi, Larry. Larry Nelson:  Hi. I'm so happy to be here. I'm really looking forward to this interview. w3w3, we launched it in January of '99. We have thousands of archives stories up and the important ones are NCWIT Heroes series. Lucy:  You don't say? Larry:  Yeah. Lucy:  That's great. Well, today, Larry, we're going to interview a mobile evangelist and internationally exhibited artist and she's also an author, just like you with a passion for fusing her creativity with technology. Sian Morson is the founder and CEO of Kollective Mobile. Kollective Mobile is a mobile development agency that focuses on bringing mobile solutions to start‑up and agencies. This is a top space. We're busy trying to get into mobile applications at NCWIT, a little more slowly than I would like. Sian, also, speaks and writes about mobile strategy for a number of publications and works with a variety of non‑profits. Thank you, Sian, for doing that, especially in this space of bridging the digital divide. She has a new book coming up in December. Maybe, we'll have a chance to ask her about that, "Learn Design for iOS." Before we start, Sian, welcome. How are you? Sian Morson:  Thank you. I'm doing great. I'm doing great today. Lucy:  Why don't you tell us just a little bit about what's going on at Kollective Mobile? Sian:  Right now, at Kollective Mobile, it's the end of the year. It's traditionally a pretty busy time for us, because everyone's trying to get rid of their budget. [laughter] Sian:  We're getting proposals for lots of crazy apps and vetting those and trying to deliver. Lots of projects before the end of the year, so it's a pretty busy time for us. Lucy:  If you have any left over money, send it to NCWIT. [laughter] Larry:  Or, w3w3 would... [laughter] Lucy:  If it's just... [crosstalk] Sian:  ...sure to do that. Lucy:  If it's just too crazy of an app. Sian:  We're just wrapping up the year. It's our third year. We celebrated our three year anniversary in October, so we are pleased as punch to still be around and still be turning out good apps for your clients. Lucy:  Good luck with the end‑of‑year. Being in the corporate IT space myself, I understand the end‑of‑year is a busy time. The end‑of‑year budget is important. Sian, how did you first get into technology? Our listeners are always eager to know people's paths along the way. Sian:  Let's see. I've always been really interested in the way that things work. It's funny, I was asked this question once or twice before and started to really think about it. In thinking about it, I thought about how fortunate I was, because I actually had a computer lab in my junior high school that I attended in the Bronx in New York. When I started telling people about that, they were like, "You actually had computers in your school?" I just thought that was normal for everyone, but apparently, especially, if you think of now, kids don't really have that much, so I was quite fortunate that I was introduced to technology in junior high school. We had a computer lab. We learned the basic and I was one of those kids with a Commodore VIC‑20 and then, the Commodore 64, sitting up late at night, making my own programs. That was my first foray linking technology, but it certainly stuck. Lucy:  Basic was my first language, too. Although, my first language was actually a little register swapping language on [inaudible 03:52] desktop machine. That just shows I'm really old Sian. Just following up on that, if when you look out on the technology landscape, today, obviously, mobile apps and the technology that underpins them very cool, other types of advancing technologies, that you see out there? Sian:  These days, I'm a little bit excited about the Internet of things. I find that to be fascinating of just how pulling together all of these different facets of your lives to...I don't know if it's to build a profile, but the way that technology just affecting every single aspect of our lives is great and I'm particularly fascinated by the Internet of things. That's cool. I'm also really interested in health techs in how there are so many advancements in that space, specifically as it pertains to mobile, that's one of the fasting growing segments of mobile is health tech. I remember when I first studied creating apps, I was working for a pharma agency. Pharma and health is very restricted and limited in terms of what they can say and what they can do, but there have been lots of advances in health tech in the last couple of years. I'm super excited about that, as well. Larry:  That's really super. I've got to ask this question, why are you an entrepreneur, Sian? Also, what is it about entrepreneurship that makes you tick? Sian:  Why am I an entrepreneur? That's a good question. I don't know any other way to be. I've just always been a little more independent than all the other kids. I was always that kid saying, "What else?" I was never just happy with one answer or the status quo. I was always a seeker and that's probably largely, that coped with my need to know how things work, probably laid the ground work for me becoming an entrepreneur today. That, particularly, learning how things work and getting to the root of the problem and issue, whether it be a technological one or even a human resource issue, that's what makes me tick. I like figuring things out. I like getting to the bottom of things, so for me, that's probably why I'm an entrepreneur today. Lucy:  Along this entrepreneurship adventure, as you will, because that's sort of what it is, who supported you on your career path? Do you have mentors or role models? Anything come to mind there? Sian:  Even though, she never branched out and started a specific business, my mom really influenced me. She was always doing little side projects. My dad was an entrepreneur, as well, certainly not in technology, but those are the people that I saw around me just doing their own thing and it always made me want to do my own thing, as well. Today, I look up to a lot of the other women in technology. There are other women that are doing amazing things. Kelly Hoey of Women Innovate Mobile is someone that I look up to. I met her a year ago at a conference and she's been really supportive of my career and all the projects that I work on, so I certainly do look up to her, as well. But there are tons of women who are doing great things, now. I'm super excited that there are so many of us in this space. It's great to just look around and observe all the amazing things that women are doing. Lucy:  We agree. Right, Larry? Larry:  Absolutely, 100 percent. Lucy:  We agree. We can't wait, really, when all the creative ideas and thoughts of women are instantiated in our technology. We are excited about that. Sian:  It almost makes me want to be a teenager again. [laughter] Sian:  Because I figure it's such a great time to be growing up and to be learning and to have access to so much. It really makes me want to go back in time a little bit. Lucy:  Maybe, we could skip the acne or something. [laughter] Larry:  Just as a sidebar there, it was something that Lucinda said earlier, she actually did some of that software work when she was only like five, six years old. So she's not as old as some people might think. Lucy:  No, I didn't. Probably 25 or something. Larry:  With all the neat things that you have done over the years and so on, what is the toughest thing that you've ever had to do in your career? Sian:  Let's put it this way. I've got two things to answer that question. If you'd asked me the question before a month ago, I would have said, the hardest thing that I've done in my career was quit a regular, great paying job to start my own company, because that was pretty challenging and that was scary, certainly scary, because you're giving up that "security" of a paycheck in order to do your own thing. That was tough, but now, I can say, that writing this book. [laughter] Sian:  It's the hardest thing that I've done. I really have to tip my hat to what I considered to be real writers who are out there, doing this stuff every day, all day. It really was challenging for me to do it. I would say, starting my company and then, writing a book would probably be two challenging things I've had to do in my career. Lucy:  I've heard writing a book is hard and now, I'm lamenting. [laughs] I guess I'll find out, Sian. Larry:  You bet. Sian:  You think it sounds easy because you do know it. It's all stuff that's in your head, but really putting it out there and crafting it and making it into something that people want to read, is certainly a process. I am in awe of that creative process. I'm not sure that I'm ready to do that any time again soon, but it was fantastic. I learned a lot about discipline and I learned a lot about myself, as well, in the process. I definitely think that's...I'd be curious to hear what you think when you're done with that, as well. Lucy:  I'm a little in awe of the whole process. Sian, if you were sitting here and talking to a young person about entrepreneurship, what advice would you give them? Sian:  Always follow your gut. I would give that advice to any young person, but especially if it were a young woman. I, certainly, would tell her to really follow her gut. We, as women, are intuitive. There are times when we second guess ourselves for whatever reason. We don't always go with that intuitive nature that we're given. That's served me so many times in my career. It's often the times that I have gone against it or I second guessed myself that I ended up making a mistake. I am like "I should not have done that." I knew that, but went against it anyway so here I am. That is probably the biggest piece of advice I would give to a young person. Follow your heart and go with your gut always. Larry:  I love it. I am a father of four daughters. I'll make sure they get this message. Sian:  Four daughters, wow that is pretty amazing. I have a cousin who has five daughters. For a good couple of years, he was the only male in his household. [laughs] Larry:  What are the personal characteristics that have made you not just a good, but a great entrepreneur? Sian:  I am stubborn beyond belief. [laughter] Sian:  I am insanely competitive. But, I can also admit when I am wrong. You can only be stubborn for so long, to be competitive for so long. If you know when you lose then the key is to learn from all of those. I do think that being competitive helps. I look at a lot of situations as a competition as well. As competitive people, I want to win. I don't always win but my competitive nature makes me want to do my best regardless. I don't always win but I take the "L" when I need to. I learn from it. Lucy:  That's a great phrase. I take the "L" when I need to. That's awesome. You're busy and you have a busy life, you're so involved in your work and giving back, writing, and being an artist. How do you bring balance into your life between work and your personal endeavors? It sounds like you do great job and perhaps our listeners could learn something from that. Sian:  This is a really important question. It's easy to get caught up in the rat race and to push ourselves beyond belief. There is this school of thought that entrepreneurship means that you are working all night, every night, no sleep. There is a sort of glory that is associated with that for some people. Certainly I have pulled my share of all‑nighters. I don't make it a regular thing. I don't recommend that for anyone. It's certainly not sustainable. The way that I bring balance to my life is that I'm a runner. I love running. I don't run races. I don't run marathons. I like to run by myself. If I have a rough day, I go home, put some headphones on and I just run as far as I can. I make my way back and that makes me feel great. I also mediate. I try to do that in the mornings before work or in the evenings when I get home. That is a good way to set up the day. It's a great way to decompress at the end of a crazy day. Those are the two things that have been constant for me throughout my career. Lucy:  Great advice. Larry:  Great advice, for sure. You've done so much. You've achieved a great deal. What's next for you? Sian:  Lots of rest. [laughter] Sian:  Wrapping up the end of a pretty busy six months, I opened this space. I'm in Atlanta at the moment. I opened a co‑working space and communi‑tech center called Kollective South. I am trying to get that off the ground. That has taken me away from the Bay Area. I've done all of that and wrote the book on Kollective Mobile in that last six months. That's a lot. I am ready for some time off. I am looking forward to that as soon as I get this place up to where I need it to be. That's next. It's a pretty ambitious project. I don't know how realistic it is for me to think that I am going to be able to get any rest. [laughs] I am certainly going to try. We're trying to open these communi‑tech centers in urban areas across the country in order to increase digital literacy and to bridge the digital divide. It's fairly ambitious. It's a lot to do, but I am super‑passionate about it. I'm really excited about it. Larry:  If anybody can do it, you can. Lucy:  I have no doubt. This is a great close for this because that is what entrepreneurs do. They don't necessarily see the end in sight. They set off, they dodge, they weave, they experiment, they fail, and they succeed. Through it all, they're driven by passion to get something done. It's very commendable. Good luck with that. We are very eager to hear how that goes. Larry:  We'll follow up on that, too. Lucy:  Totally. Sian:  Please do. I love to have a follow‑up conversation. I love to hear about your book as well. Lucy:  [laughs] I don't know. We'll see it how that all goes. Sian, thanks so much for joining us. It sounds like you have a wonderful life. Good luck with all of your endeavors. Larry:  That's a fact. Sian:  Thank you for having me. It was awesome speaking with you both. Lucy:  Remind listeners that they can find this at W3W3.com and also ncwit.org. Larry:  That's it. You listen to it. It will be on a podcast as well as a blog. Lucy:  Great, thank you Sian. Sian:  You're welcome. Bye‑bye.   Series: Entrepreneurial HeroesInterviewee: Sian MorsonInterview Summary: Sian Morson is a tech entrepreneur, mobile evangelist and strategist. In 2010, Sian founded Kollective Mobile to help other businesses and startups with mobile development and strategy. "I don't know any other way to be," Sian said when asked why she became an entrepreneur. "I've just always been a little more independent than all the other kids. I was always that kid saying, "What else?" I was never just happy with one answer or the status quo. I was always a seeker and that's probably largely, that coped with my need to know how things work, probably laid the ground work for me becoming an entrepreneur today." Release Date: December 6, 2013Interview Subject: Sian MorsonInterviewer(s): Lucy Sanders, Larry NelsonDuration: 15:51

ceo new york internet woman series ios basic bay area concept bronx wrapping internet of things remind women in tech national center information technology pharma release date commodore interviewer women in technology sian interviewees audio files kelly hoey datetime commodore vic larry nelson larry larry ncwit preflabel women innovate mobile sian morson interview summary lucy sanders kollective mobile
Interview with Leslie Bradshaw

Play Episode Listen Later Aug 26, 2013 38:21


Audio File:  Download MP3Transcript: Interview with Leslie Bradshaw Lucy Sanders:  Hi, this is Lucy Sanders and I'm the CEO of the National Center for Women in Information Technology or NCWIT. With me is Larry Nelson from w3w3.com. Hi Larry. Larry Nelson:  Hi, I'm real happy to be here. Lucy:  We are in love with this series of interviews, very interesting women from all sectors of tech with lots of interesting stories. Today, we are interviewing another serial entrepreneur who was named to the top 30 women in tech under 30 by the "Wall Street Journal." Very interesting and she herself has started a new company. Leslie Bradshaw is the founder and COO of Guide and this is a really cool company. It's sort of a visual news reader application for your personal computer. It takes all kinds of blogs and social media streams, online media news, then turns them into these video news segments if you will. With avatars and other cool stuff. Lucy:  I'm sure I'm not quite saying that right, and Leslie will set me straight in just a moment, but it sounds just fascinating. Before she started Guide, Leslie co‑founded and served as the president and COO of Jess3, and really helped them achieve their success. Landed on the 2012 Inc 500 list. So, a very successful entrepreneur. When she's not starting companies, she's a partner at her family owned vineyard in Oregon which sounds fascinating as well. Welcome, Leslie, we're happy to have you here. Leslie Bradshaw:  It's wonderful to be here, thank you so much for having me. Lucy:  You know, we have a couple questions about being an entrepreneur, but first why don't you tell us just a bit about what's going on with Guide. I'm sure our listeners will be interested in having an update. Larry:  Plus, we'll have it linked on the website. Leslie:  It's an exciting moment to be able to actually share some of the things going on at Guide. If you would have been speaking to me a month ago, everything was still in an alpha form. We were just testing it out with a number of private users. We are officially launched and you can download it if you have an iPad. We are, right now, number 3 if you can believe it, in the charts in the news category in the United States. Leslie:  We're also trending in a number of other countries, some of which are complete surprises to us because English is not the native language. A lot of the South American and Asian countries that are downloading our apps in force. It's so exciting to see that people really enjoy what we put out there. Certainly it's been resonating with thousands of people worldwide. Lucy:  It certainly sounds like an interesting app. Just a couple minutes, maybe, on what the technology is and what people use it for. Leslie:  Certainly. If you think about the app eco system around newsreaders, a couple of big players come to mind. You have Flipboard, for example. Flipboard aggregates your favorite online news, blogs, and social streams like Twitter and Facebook into a magazine experience that you can actively read. If you've ever used Flipboard, there are other platforms out there like Zite and Pulse. Those all do that in what, again, I call an active reading experience. I don't know about you or the listeners out there, but I have a very busy day. I cannot read all of the media that I want to actually review. Having the ability to have a passive consumption model is very important. Things like [inaudible 02:59] and SpokenLayer are creating apps that just read you your favorite online news, social streams, and blogs through text to speech. You have Ferry which is a text to speech engine. You have GPS which is a text to speech run engine. A lot of the other applications that I mentioned are doing that pure audio. Think about it for a second. Although audio is great and it's certainly helpful, I'm a visual learner. I know a lot of other people are, and most posts online include rich media like photos, videos, block quotations. Sometimes the comments and social interactions are even part of the story and make it even more interesting. What my company does at Guide is we take all of the things I just listed off and repackage it in sort of a news broadcast so you can consume all of your favorite content through both an audio and a passive consumption experience while also being able to get the best of the posts if there are photos, if there are videos, again, block quotations and any other rich media that add to that experience. We're taking the concept of news aggregation and curation, we're taking the concept to be able to passively consume news while you multi‑task, whether you're commuting or exercising or frankly even working at your desk on your computer, and we're taking it up a notch. The way we're able to do that is not only through the technology of the aggregation and the indexing of the content but also through avatar technology which is very futuristic and very cutting edge and very fun to work with. It's something that we've been sort of promised through sci‑fi movies like Iron Man or even, frankly, some of the earlier stuff like Total Recall. You had this kind of artificial intelligence newscaster. That's becoming a reality, because the technology is becoming just that good. That's kind of where we're at right now at Guide. Lucy:  I think that's pretty cool. Larry, maybe you can be an Avatar. [laughter] Larry:  Do I look like an avatar? Lucy:  That's really very cool. Congratulations on a great start. I think it's awesome. Leslie, why don't you give us a sense of how you first got into technology? What caused you to be drawn into the technical spaces? Leslie:  It's interesting. My educational background is one where math and science was always such an important building block to whatever I was doing. When I was very young, I can remember back, all the way to being 10 years old and going to a summer camp just for girls that focus on math and science. It was just a great time to geek out and play with Petri dishes to come up with hypothesis, test them, and come up with your evidence, and you end up with a thesis statement. I feel like that's always been a part of my approach. It's always been very scientific. Now, coming of age in the late '80s, early '90s, technology was coming online but not nearly at that speed and quality that it is today. It was something that wasn't a big part of my life per se, but it was always a little bit in the background. I would say it was more of an underpinning of the methodology of what science and what math can really enable. Now fast forward into my college career and then coming out into the work world when I was 22 years old, that's about probably 2005 I would say, at that time, the second wave of technology innovation was happening on the Internet. The first wave is that dot com boom and bust, and the second wave is really being driven by social media and by blogging and by a lot of democratization of the tool that enables social engagements and website creation and just tons of creation period. I was able to catalyze on that moment much like the people catalyze on the moment that somebody [inaudible 07:20] around the Internet. This was my moment with my colleagues and my cohorts. What I started doing was going to a lot of user groups, going to [inaudible 07:29] , going to bar camps and just starting that dialogue around what these technologies were enabling, what they could enable. Looking at my background, I'm not someone who look deep into the code and programming by the social scientists. As a business woman, I would able to partner with designers, developers, and strategists to think about what problems should we be solving, how can we utilize these technologies to help brands, help politicians, and issue advocacy groups. I was in Washington DC for about seven years in my early career and through [inaudible 08:07] all the stages of the web as they continue to unfold, I stay very active and involved in the graphic community around it and learned a lot. I was able to partner with a lot of really wonderful, very smart, talented people who had very discreet skill set who needed someone like myself to help pull it all together towards an end goal. Larry:  That's very, very fascinating. I'm going to have to share that with my daughters for sure. Leslie, why are you an entrepreneur, and what is it about entrepreneurship that makes you tick? Leslie:  I'd like to say that it's genetic at some level. My ancestors came across the orient express six generations ago and have a very strong pioneering spirit, and my parents continued that spirit. They have a farm and vineyard in Willamette Valley, Bradshaw Vineyard. I watched them work hard my entire life. In fact, I don't know anything else. I watched my mother be the CFO, COO of our family business. She's an accountant by trade and does a fantastic job of leading the decision making on that by making sure that we're using the best technologies, the most cost‑effective things, and looking for different ways to get smart calf brace, and be able to really scale and expand at the rate that we want to. At the same time, I look at my father who had the vision of putting the vineyard together and looking at how he's been able to use a lot of his ingenuity as a self‑taught engineer figuring out how to do everything from wire up 10‑15 feet tall wires that keeps animals out to putting together an irrigation system. I worked hand in hand with him using Google Maps and Google Earth. We plotted out over half mile of PBC pipes of where we want to lay it. We produced the pipes, and it showed up that we were within 18 inches. It's right on the money. It's a really fun project working with them. That's something that, again, I grew up just knowing what hard work looks like, what working for yourself looks like, and what dry designing and troubleshooting on the fly looks like. When I got into the work world, and I'm behind the desk and on track to go to law school and have job offers at the Department of Justice and a few big law firms as a paralegal, because I was thinking about going all the way to becoming a lawyer, it wasn't exciting. It wasn't like on the TV shows I was watching, right? Larry Nelson:  [laughs] Leslie:  It's not "Law and Order." It's not dramatic. It's just a lot of paper ‑‑ copying, sorting, printing, highlighting, finding, searching, scanning. That, to me, was not innovative enough, and not utilizing my abilities to the fullest. I'm an organized person, I'm very detail oriented, but it lacked something for me. I continued to look for more out of my career, as I continued to take additional opportunities that came up. I worked in television for a little while, working for John McLaughlin and the McLaughlin Group, which is on PBS in most markets. I also worked in a crisis communications firm and learned a lot about how to communicate with stakeholders, internally and externally, during a moment of otherwise the worst case scenario out there ‑‑ whether it's an oil spill, or a product recall or some sort of outcome that you just don't want to have happen. I also worked at a public relations and digital media firm, and was able to learn a lot about how to work with online audiences, how to work with the media, how to do media relations, how to create valuable, interesting things that people would want to talk about. Not just pitching them to say, "This is our story," but how can we create content that serves the audience that we were trying to engage? All the while, technology was a part of enabling what I was doing. I was always utilizing maybe 30, maybe 40, percent of what I felt to be my full abilities. I kept wanting to take a car out and drive it faster and faster, but I couldn't because I was constrained by my age. People looked at me and said, "You're 22, 23 years old. You do the thing that I ask you to o and maybe a little bit above that. Don't try to go and create a whole product line." I was really constrained by that. I was also constrained by the vision of the people I was around. They couldn't see what I was seeing, either related to the opportunity around social media, around visualizing large data sets, which, as a practice, is generally called "data visualization." They didn't see the full opportunity of what online, digital, mobile and social really meant. Of course I'm not saying that I was omniscient, that I saw something that others weren't, of course, taking advantage of in a much better way. There's Mark Zuckerberg founding Facebook and Evan Williams at Twitter, but I saw it in a way that others around me in Washington DC weren't seeing it. Finally I said, "You know what? I'm going to go ahead and throw up my own shingle," and found a really great, talented web designer, business partner, who needed someone like myself with, again, the business and strategy, and client‑relationship sense. We were able to build that partnership and build that company because, in spite of the fact that we couldn't get it going within the company that we were working at, we pulled it off to the side and said, "All right, if we think our vision is so strong and so great, we're going to go after it." That's what really is the underpinning part of an entrepreneur, is someone who can see things differently and see what other can't see. Even when others are not believing in it and can't see that vision, we still go after it. That's exactly what I did when I was 24 years old. I built that company over the course of six years and as you mentioned at the onset of the show, you made $8,500 in 2012 and I was proud to say that it generated $13 million in revenue during my tenure. That was all done boot‑strapped, all cash flow management, no outside funding, but was a very profitable, very successful service‑based business. Lucy Sanders:  That's quite a story. I'm so fascinated, too, with the experiences on the vineyard, the lessons you can learn about engineering and hard work. That's wonderful. In addition to your family, Leslie, who else do you consider to be your role model? Who else supported you along this path? The types of people, or surprising people, or what have you? Leslie:  One thing I like to think about, when bringing up an answer to a question like this is really looking at the axis of role‑modeling and mentorship. What I first look at is when you say role model, I look at that as someone who holds a position that I want to hold someday, or has a particular talent, or skill set, or visibility that I look up to. That someone could be at arm's length or could be miles away. I think of people directly in my industry. Specifically, Marissa Mayer and Sheryl Sandberg are both very strong examples of successful, female executives in the technology space that are succeeding because they're the best at what they do, not because they are women, or not because of anything other than they're just the best. I love that Marissa Mayer's also the youngest man or Leslie00 CEO. I think that's something also to look up to and know that age, just because you add a couple extra gray hairs, doesn't mean that you're going to be better at something. In fact, with the technology industry, by and large, the youth of our country is really driving that innovation because they're so close to it at a more native level. When I think of role‑modeling, I think of that. Then I think of mentoring, and I think of mentoring as someone who takes an active interest in your career and is someone who has at least 10‑plus years on you, in terms of their career experience, and are able to help you navigate situations that you may encounter and may not know, "Oh, what should I do? Should I take this job? Should I negotiate? What are other the things that I should be considering that I'm not?" As far as mentors go, I've had some really fantastic mentors. One of which Karen Zanderlane, used to be one of the partners at Price Waterhouse Coopers, and really has a good mind for operations, built her team, took it from two to 1,500 globally, so it really helps frame up my scaling and thinking around that. David Reimer, one of her colleagues, founded both works, a company called Merryck, who does professional mentoring. David also has a great mind for global‑scale leadership and how to think about cultivating and retaining talent. Another mentor, Michael Bloom is someone who I met through my alumni association at the University of Chicago. He took a very active interest in my career while I was in Washington DC and helped me navigate when I was at a company that didn't quite understand the vision I had, or helped me find another opportunity that did see that vision with me and shared that and wanted to give me the capital and wanted a way to run after it. Another thing is sponsors, and this one's probably the most important. If your listeners haven't thought of this concept, I hope they do after this interview. A sponsor is someone internal to your organization, who's two to three levels above you, they're working an active interest in the advancement of your career within that organization. It's one thing to get in context as far out into the distance, rock star poster up on your wall, like your Marissa Mayers. It's another thing to have someone external to your organization looking out for you, looking for opportunities, giving you advice. It's quite another to have someone directly in your organization helping you block and tackle, helping you navigate the politics of the organization, helping position you to be the person considered when promotions come up, or opportunities to go global or to travel or to do other large projects. You want to be top‑of‑mind and you can do that through your own grass‑roots, hard work and working with your colleagues and proving it with good work products, but the larger the organization, the more you're going to need someone at the top, advocating on your behalf. I've had some fantastic sponsors in my life, one of which was at my first job in Washington DC, at Air Soft, a partner by the name of Dave Gregg. He was global head of the trademark and IP side of things, and really focused specifically more so on, and did a great job advocating on my behalf. When there was more interesting work, I was the first name that he made sure to put front and center. I really appreciated that. Another sponsor of mine, Peter Snyder, he was the CEO of Media Strategies, a company that sold to Meredith. I think Meredith Integrated Marketing is now what they're called. He was someone who looked out for me throughout the course of my three‑year tenure at that company and I advanced quickly through the ranks and was able to take on new advanced projects because of his sponsorship and support. Those are just a few examples. Of course my parents, I already mentioned, are certainly role models and mentors, as sponsors. Those are three types of people that are very important to have in one's career and to make sure to keep cultivating, and giving back to those relationships, because they can be two‑way. They don't have to just be you taking from an elder career person. You can actually help in return. What I typically do is help enlighten these folks as it relates to social and digital media, thinking about innovate strategies, thinking about innovative technologies. Also helping them think about big data and data visualization, visual story‑telling. Those are areas that I can come to the table, because I like all the relationships that I'm in to be a two‑way street and everybody to feel good about giving and taking. Lucy:  That was an excellent answer around the difference between role‑modeling, mentorship and sponsorship. These are concepts that people really do confuse. I would add that many of the mentors, or sponsors in my life, it's almost like a life‑long relationship, in addition to being two‑way. Larry:  Yes, for sure. Lucy:  Really great answer. Larry:  Leslie, you've been through so many things in the different companies and types of things that you did, even earlier in your career. Today, what would be the single toughest thing that you've had to do in your career? Leslie:  I think the single hardest thing to do is keep going. There's going to be a lot of times when an entrepreneur, even someone who might be an entrepreneur, someone within an organization, you're going to come up against, not just resistance, but flat‑out people standing in front of you saying, "You can't do it, you're not going to be successful." I've had people look me in the eye and tell me I'm a fool to think that I can make this work. Of course, truth be told, that just motivates me more. [laughter] Leslie:  When you go and tell Leslie Bradshaw she can't do something, she'll turn around and prove you wrong. I will say that there are times that it meant not sleeping for two days straight. It meant pulling back‑to‑back all‑nighters to make something work. It meant making personal, financial, physical, mental, emotional sacrifices, beyond anything I could have ever imagined coming out of college, thinking, "OK. I'm going to work hard. Get a corporate job, work my way up the ladder," and do that thing that you read about when you're younger. I love what Sheryl Sandberg says, in the book "Lean In." She says, "Your career won't be using a ladder, it's a jungle gym." You're going to swing from the left to the right. There's a lot of different access points to advancing in your career. Advancement doesn't even have to look vertical, it can look a little bit more horizontal and you can still have a great career out of it. Re‑framing the way I looked at things and being ready to be tenacious and have fortitude. It's a long haul, especially if you're going to be an entrepreneur. I told you at the top of the interview how well things are going with Guide, and that's after 11 months of incredibly hard work, long hours, long weekends, and it's really just the beginning. We only have six or seven days out of the gate with our [inaudible 21:49] , and we have a long road and relationship with them to continue to iterate our product to get it to where it needs to be and continue to evolve based on our feedback that we get. It's not always going to be easy. Sticking it out is probably the single hardest thing to do. It would be just as easy to stop and say, "You know what? I'm going to go ahead and I'm going to take one of those job offers that I get through LinkedIn." People are asking me to be the VP of strategy at some company. Just take a check and have someone else worry about cash flow and payroll, and user acquisition, user retention, and a lot of the other things that come with running a start‑up in this day and age. The hardest thing is to also deciding when it's not a good idea to keep going. I think there's some really interesting dialogue around whether or not...How do I say this? There's the hype around start‑ups and there's this hype around technology companies as being the new cool thing. You're seeing almost like movie stars, or rappers. Technology CEOs and founders are being treated like the new level of royalty when you look at all the magazine covers. Truth be told, when you look at those people's stories, and you hear what it's been like, something like a Pinterest, it took two to three years of really slugging it out before it hit mainstream success. You hear from the founders what it was like to stick it out and believe in their vision, despite the numbers not being where they wanted them to be, for not just a few months, but we're talking years. A colleague of mine, at Peach Tree is Ellie Cossette, she wrote [inaudible 23:20] "Business Insider" and pointed out about a dozen stories or so from founders, CEOs, people involved in start‑ups, saying, "Not all that glitters is gold over here. Just because there's some hype going on and there's some great news articles written about us, and we're treating that everything's all good, doesn't mean it's all good." It's OK to talk about some of those harder times. Whether it's missing payroll, whether it's being really far down on your bank account and having to raise money in a really stressful situation, or having to put in your own financial capital. Even deciding it's time to shut down the shop. Those are all things that are top of mind for me and the people I talk to, who are also entrepreneurs. Lucy:  That is a tough choice. "Do I keep going or do I change course?" It's very, very hard to do. I want to switch gears a little bit around the personal characteristics that you see give you advantages as an entrepreneur. Obviously, listeners will hear, in your answers so far, hard work, tenaciousness, creativity, things like that. What other types of characteristics do you have that make you a successful entrepreneur? Leslie:  I think one the single, most successful characteristics that I have, it almost doesn't even come from me, but it's the fact that I work closely and really love others. I would say that one of my biggest secrets, I'm going to go ahead and give it away today on your show, is that I partner with these very talented, very smart, very hard‑working people, who are the best at what they do. I'm good at what I do. I'm good at being a leader, [inaudible 24:56] strategies, [inaudible 24:57] operational track or something to scale. But then there's probably about 900 other things that need to get done in that company or a project that I'm not the best at. I'm not going to have time to as Malcolm Gladwell says, put about 10,000 hours in to be the best. What I do is I have a running list of people who are the best at what they do in every major category of skill sets that I ever need. When the day does come when I may need someone who's a great front‑end web developer, someone who works really well with API, application program interface, or there's someone who's a great designer, or copy writer, or researcher, analyst, whatever it may be. I do all that, I use a particular customer relationship management system called Contactually, founded by Lee Zan, who I had an opportunity to work with early on in my career. He's fantastic. I [inaudible 25:49] like a sales force, but I think it's a lot cooler and easier for individuals to use sales force as a bigger enterprise‑level version of this. As I meet people and really enjoy working with them, not just because they're the best at what they did, but because they also had a great attitude. That, to me, is a true A player. I'm on the hunt for A‑player talent all the time. Even if someone has a great attitude, but isn't the best, that's not someone who makes my list. Conversely, someone who's the best at what they do, but doesn't have a great attitude, I also wouldn't say that that's someone that I would want to carry forward in a project or a team or company that I'm building. My great secret ‑‑ partner with A players and have a good time with the people that you're working with. Make it fun. Make it like a game. I did a lot of team sports all through middle school and high school, and some intramural in college. I always loved working with a group of stakeholders who were the best at what they did, for a mutually beneficial outcome. That's what I do now in my job. We not be on the softball field trying to put together getting someone on first and rotating them all the way through, to get them into home. I might not be on the volley ball court, trying to keep the ball from hitting the ground. But I am, in a sense, still doing that by partnering with people who are skilled at various things, to come up with a great outcome. Lucy:  I bet that list is worth a lot of money. [laughs] . Larry:  Yes, it is. It is. Leslie:  It's my list and everybody's list is going to be a little different, because everybody comes at it with a different lens. That's the great thing about technology today, is that it enables you to do more with what you have. I look at it almost as an extension of myself and it's scaling myself too. Maybe before, say 20 years ago, you may have a Rolodex sitting on your desk. That Rolodex was really about when you were able to flip through it and, "OK, I need to look up this person," or "I have this particular vendor type that I need," You flip through it. In this day and age, people are moving jobs faster. People are having more jobs in their career than before. How do you keep track of that? Do you keep crossing it out and flipping it over and scratching out the Rolodex index card? Or do you have a dynamic system that's populating and pulling from things like LinkedIn, and Facebook, and Twitter and some of these places that are being updated automatically by the platform. I would say the answer is B. In doing so you can do more. How more and the volume of people, it goes from dozens and 100s, to 1000s. My collective network of people that I can access at any given time is probably well over 20,000. It's not people that I stay in touch with on a daily basis, but people that I've interacted with and had a good, successful something or other. I've done something for them, or they've done for me, or vice versa. I only hope to continue to cultivate and grow that through my career. Larry:  That is awesome. With all the different things that you've done and been through in setting up a new company, and everything else. How do you bring balance into your personal and professional lives? Leslie:  That's probably one of the best and hardest question that I've hassled, I've pondered, I've struggled, I've failed, and I've succeeded at. If I were to look across probably four or five areas of my life, it all hit me when I turned 30 years old, which for whatever reason is some milestone. It's a big milestone and I hit 30 and at that point I really took a bead and really assessed "What are the priorities in my life? What are the most important things to me? How am I spending my time?" Supposed priorities and then what is my time actually being spent doing? My priorities, you've heard me talk about them a couple times now, it's my family. It's my parents, my sister, it's our farm. That's something that's incredibly important to me and I was not putting enough time towards that. I was pulling back‑to‑back all‑nighters and if my sister or parents would call I was usually multitasking and trying to get their email, while I was also trying to be there for them. It was just not great. I was a bad daughter, I was a bad sister, and I never want to do that ever again. I kind of hit the reset button at the end of 2012. As hard as it was, I had to leave the company that I helped build. After six years I felt I accomplished a lot. In fact, I felt that a lot of the things I wanted to accomplish were done. It was time for a new challenge. In leaving, it also gave me four whole weeks off. I unplugged, I stopped checking emails. I just spent time on the farm, just really decompressed, did a lot of writing, putting things in my journal. I did a lot of reading, a lot walking outdoors and I really got back in touch with where I wanted to be. If this is what my first 30 years looked like and then I looked at my parents who are 60 and my grandmother who is 90. I looked at these third, third, third increments, I want to really plan smart for the next two‑thirds of my life, and, hopefully, even three‑thirds. We'll see. One of the things at the core was family, and the second thing was health, and this was something that I was really, really neglecting, because what I was doing was I was working so much that I wasn't ever resting, and my brain...I was actually experiencing decision fatigue, and there was inability to access certain key parts of information. It's almost like the little, "file not found," hourglass just rotating in my brain when I was looking for information because I just overused that muscle. I wasn't sleeping enough. I would average probably four, five hours of sleep a night if I even went to bed, and if you've ever tried to do that I think they actually liken it to having a certain blood alcohol level in your body if you're not sleeping. It really disorients you. I'm disoriented, I'm not sleeping, and it gets worse. I'm not eating the right kinds of food, and even though I was raised on a farm, and how to do all the great kind of home‑grown organic...I knew what was good for me, but when you put yourself in a situation where you start trying to optimize for the maximum amount of time to spend on work, you stop cooking for yourself. You stop grocery shopping, and you turn to ordering food. You're either doing takeout, or fast food, or, "Oh, we don't eat all day. I'm so hungry," and then you sit down and have a huge meal really late at night, and that was happening to me. Over the course of those six years I gained 40pounds, and it was something that not only was it a manifestation of kind of being unhealthy, but it also... it manifests itself in other ways, too, just how I felt. My energy levels were lower. My ability to even have the stamina to make it through some of the long pushes and some of the physical work that was required at some of our live activations, I wasn't the same athlete that I was all through college. And so what I did was I took a real strong look at my health, and what I did was I hired a trainer. I started investing in what I felt at the time to be kind of extravagant, expensive, but things like facials and massages and things that were kind of re‑instilling or revitalizing my skin, my teeth, my hair, like all the things that I was so rough on for so many years. It turned out that after a year of doing that I've lost all the weight, I can leg press almost 800 pounds. I lift weights frequently. I go jogging. I can do just about anything, and I feel so strong and so healthy, and I get eight hours of sleep every night. I eat five square meals a day. I make sure I'm getting the right nutrients, and I have never felt more ready to take on the world. I have a sharper mind. I'm able to see things quicker, and I'm just happier. And you can see it on my face. You can see it in my eyes. You can see it...it manifests itself all throughout the physical body that I have as well as the mental body, and those are things that are just so important, and I will never ‑ I repeat here for the public in public record ‑ I will never let it get that bad ever again. In fact, I will not even go in that direction. I will only keep taking better care of myself. Family and health are two things that I put on the backburner in my twenties, but in my thirties and going forward I will never do that again. And if it means that I have to do a little bit less work or say no to a few things or find ways to delegate or bring others in to help scale out me and not try to write it, put it all on my shoulders and do everything myself then so be it, because tell you what ‑ it's not worth it. It just isn't, because your family and your health are the two most important things in this world. Lucy:  That's really great advice and discovering that at 30 is good. Many people don't discover it until they're 50 or 60 so it's great. It's a great message for our listeners. Leslie, our last question is maybe a little bit of a peek at the future, although I realize you've just made a transition, and it sounds like quite a happy one. Do you have any sense of what's next for you down the road after Guide is a 100 million‑dollar company [laughs] ? What do you see for yourself next? Leslie:  Well, I wouldn't be a great planner and strategizer if I wasn't, as you say, thinking about kind of the next 24 months, 3 years, 5 years, 10 years, but I have a couple goals I'm setting for myself, and I actually use an app that I highly recommend to folks. It's called Everest, just like the mountain, and in Everest you'll see that I have a couple of goals. One of those goals is that I'm working on a book right now, and that's going incredibly well, and, of course, it's about data visualization and visual storytelling, because that'll be something I'm really excited to share with folks hopefully early next year if it stays on schedule. The next goal that I have is that I would like to be part of a company that does some sort of exit, right, and Guide is certainly positioned to be that company, and if it's not Guide, another company, but that's when you take a company that you've built to a certain level value and are able to sell it to another company. The third thing that I have as a goal is somewhat related to that, but it's to build a company to a level that goes public, so goes to an IPO, initial public offering, and if you just watch Facebook, think of the IPO last year, and you think about some companies decide to sell, and some companies decide to create liquidity and value through doing an IPO. And another company, Eloqua, which is an automated marketing company based in McLean, Virginia, and they were a client of mine for three years, and we helped kind of create a lot of the content and visual marketing as they were preparing to do their IPO, which happened last year. So those are kind of things I've looked to, I've been part of, I witnessed I guess from arms length kind of afar, and I'd like to be an active part of a leadership team that does that in the future. The fourth goal that I have ‑ and these are all kind of goals that I have in the next, let's say, 10 years, this next decade. And the fourth goal is to be on a board of directors, and I currently serve on a kind of advisory board, and that's when I have an equity stake in a company that looks to my advice. My relationship has helped kind of steer them. I work closely with a data visualization company called InfoActive, helped with a data driven storage company called Beutler Ink ‑ a little play on words there ‑ and also a really fantastic women's network called, "The List." And those are all kind of great starting points for me to get that experience as someone who serves at an adversarial level. But to be on an actual board of directors of a privately held company or even at some point a publicly traded company would be a goal that I have for myself. Those are things in the next 9 to 10 years and before I turn 40 I hope to be a part of. We'll have to check back... Lucy:  I know. I was just... Leslie:  ...we're creating here. Lucy:  I was just thinking that. We'll have to check on your 40th birthday [laughs] and see. Leslie:  Boy, I'm putting it in my calendar. Lucy:  Yes, well, you know, Les, this was great. You have perfect answers. Good luck with Guide. Just the best of luck. It just sounds like a very cool application, and I wasn't to start looking at it to see if we can use it here at NCWIT. So thank you very much for your time. I want to remind listeners that they can find this interview at w3w3.com, as well as NCWIT.org. Thank you very much. Larry:  Yes, thank you. Leslie:  Yes, it was a great conversation, and thank you for all your challenging questions, and really wish the best of luck to all the listeners and their entrepreneurial and entrepreneurial endeavors. [music]   Series: Entrepreneurial HeroesInterviewee: Leslie BradshawInterview Summary: Leslie Bradshaw is the Chief Operating Officer at Guide, a software company focused on turning online news, social streams and blogs into video. In her role, she is focused on publisher relations, fundraising, marketing, product strategy, talent development and back of house management - "There's going to be a lot of times when as an entrepreneur, even someone who might be an entrepreneur," she said "You're going to come up against, not just resistance, but flat‑out people standing in front of you saying, "You can't do it, you're not going to be successful." I've had people look me in the eye and tell me I'm a fool to think that I can make this work. Of course, truth be told, that just motivates me more." Release Date: July 8, 2013Interview Subject: Leslie BradshawInterviewer(s): Lucy Sanders, Larry NelsonDuration: 38:20

united states tv ceo women university family chicago english interview internet guide law truth washington dc oregon asian series ceos iron man wall street journal coo pinterest boy ipads gps avatar congratulations pbs concept mark zuckerberg ip mount everest cfo ipo chief operating officer business insider pulse api sticking advancement google maps women in tech south american national center information technology malcolm gladwell mclean conversely ferry total recall landed release date interviewer sheryl sandberg google earth petri rolodex pbc interviewees willamette valley flipboard evan williams john mclaughlin audio files airsoft marissa mayer media strategies price waterhouse coopers spokenlayer contactually eloqua datetime mclaughlin group david reimer michael bloom zite larry nelson ncwit preflabel jess3 leslie bradshaw interview summary lucy sanders technology ceos
Interview with Beth Krodel

Play Episode Listen Later Aug 26, 2013 20:56


Audio File:  Download MP3Transcript: Interview with Beth Krodel Lucy Sanders:  Hi, this is Lucy Sanders the CEO of NCWIT, the National Center for Women in Information Technology. With me today is Larry Nelson from W3W3. Hi, Larry. Larry Nelson:  W3W3.com is happy to be here. This is a fantastic series and I must say I'm extremely impressed so thank you. Lucy:  What's shaking at W3W3? What are you guys up to? Larry:  We interview all kinds of really neat people. We have a business focus. We really love entrepreneurs and venture capital so we just get into that thoroughly. Lucy:  Today, we're interviewing one of my personal favorite entrepreneurs. She is also an award‑winning newspaper reporter from the "Detroit Free Press," I have to say. Larry:  I was born in Detroit so I like this. Lucy:  You were born in Detroit. Maybe she covered your birth. Larry:  That's right. Lucy:  You never know. Larry:  Maybe not. Lucy:  No, maybe not, but she is an expert at building companies and building websites and helping companies with all kinds of media needs. Beth Krodel, a co‑founder of Insight Designs Web Solutions. They're a Boulder‑based company, happy to say, right here in our backyard. They specialize in creating and developing websites and interactive online products. They've been a great partner with NCWIT over the years, and I can speak highly of their work, all the way from 3D modeling to websites to programming. They do it all. Wonderful for all you listeners, take advantage of Insight Designs. They've been a mainstay here in Boulder County and have made the "Boulder County Business Report's" Mercury 100 list of fastest growing companies for the past decade. Welcome, Beth. Beth Krodel:  Thank you. Lucy:  Really happy to have you here. What's going on with Insight? Beth:  The company continues to evolve, just like the technologies that we work with. We have, since 1999...We started by making websites, and now, obviously, that goes in a lot of other directions, because there's mobile and there's responsive design and there's applications, both desktop apps and mobile apps, native apps, all of that. We try to stay on top of a lot of different things. Some of the things that we're working on right now, that are exciting...One is a new desktop app that'll then have mobile versions to go along with it, that'll help people keep healthy. It helps them measure their fitness and their nutrition and how much fresh air they get and how much sunlight they get each day. We also are doing work with social media, doing social media strategy for lot of our clients now. Obviously, working on lots of websites. I think we're in process on about 25 different sites for for‑profit companies, for startups, for non‑profits, for universities, list goes on. Lucy:  Sounds very exciting. I really think that application sounds like a keeper. Beth:  Hopefully, that's what a lot of people will think. Lucy:  Let us know when it's able to be purchased. [laughs] Beth:  Will do. Lucy:  How did you first get into technology, Beth? We have your background as a reporter. What caused the leap into the technology space? Beth:  Like everybody, when they are a child, they have a first experience and mine was in sixth grade. Back about 1982, my elementary school got its first computer. It was in the library and there was just one and it was an Apple II. At the same time, our English teacher had us reading books. I think she assigned us 40 different books to read. She said, when you finish these 40 books, you can go spend the reading hour in the library, each day. I finished my 40 books by January and then I had, from January until June, an hour each day to spend in the library. I didn't spend that time reading, I spent that time on Apple II and exploring it and I was just mesmerized. Fast forward to high school, I went to the North Carolina School of Science and Math and that's where I had my next big aha moment with technology. It was 1987 and one of the first things, I came in contact with, was one of the computers, that was just outside my dorm rooms. I found that you could actually message students, on another side of the campus, in a fishbowl room, lots of windows, lots of computers. I realized that technology would really change communication. That fascinated me. Since then, I went to college and actually studied physics, math and public policy. I went to Duke's and went into journalism from there. In journalism, I kept seeing all of these changes in technology, from the way we publish newspapers, to the way we communicated with our colleagues and all of that. A co‑worker, a photographer that I worked with, Nico Toutenhoofd, he and I had talked a lot about what would be the next big thing. This was 1998. We decided that...We weren't sure how long newspapers were going to be around, in the way that they were around while we worked there. We wanted to try something else. We decided creating a web design or development company would be a great way to go. It would carry on our commitment to communication, which is what you do as journalists, but it would allow us to share stories of companies and organizations specifically on the Internet. That's what we did. Lucy:  I think that's really interesting, too, because a journalism background, you can easily see it being so relevant especially to social media, right? Beth:  Yeah. There's a lot of story‑telling that happens online... Larry:  [laughs] Beth:  ...in social media, blogging, even in the content upon people's websites. Lucy:  Interesting. Larry:  Yeah, that's for sure. Now, here you've been through these different things, that is, working for a newspaper. What is it that makes you an entrepreneur, and what is it that makes entrepreneurship tick for you? Beth:  , I worked for "Night Raider" newspapers, and I did that for seven years. They're a very large company, and while I learned a lot and had a lot of great experience there, I also saw that sometimes when you work for a very large company change is difficult. It takes a long time. I was interested in starting my own business and having it be a small business, something that would be nimble, and where we could decide to take a new path and try new things on a regular basis. I like problem‑solving, I like sharing ideas and I like leading a team. Being an entrepreneur allows me to do all of those things. My husband would probably say it's because I like being in charge and... Larry:  [laughs] Beth:  ...my own boss. Lucy:  [laughs] Beth:  I'm type A and all those things, but ultimately, I still have a lot of bosses. They're just called clients. I'm not the ultimate decision‑maker in a lot of cases. It's ultimately the client. But I do like to help guide them and help them solve their problems. Lucy:  Along this path from journalism into technology, entrepreneurship, and I would also argue building and leading a company in this space, who influenced you? What types of role models or mentors or sponsors? Who kind of supported you along the way? Beth:  I would say early on, and a couple people I go back to throughout my life, were my high school math teachers actually, Joanne Watts and Helen Compton. Helen Compton actually also taught me my first computer science class which was the BASIC. I wrote a little program that wrote out the Chinese characters "Ni Hao", and then made the audio sound. I thought that was quite amazing that you could get a computer to do that. Anyway, Helen and Joanne really taught me to be concerned about the application of whatever it is that you're learning. Not just to memorize formulas but to really apply these formulas, and figure out why it's important to learn them. That I've carried into all of the jobs I've had, whether it was journalism or Internet work. I think that that carries on big‑time in terms of interface design and creating websites and applications that are very easy for people to use, whether that's someone trying to navigate or search for something in particular on a website, or whether it's for the company or the organization that needs to update the contents on the back end to create content management systems that are logical. Another role model would be an executive editor at one of the newspapers I worked for. Her name's Vicki Gowler and she's still in journalism. She's a publisher of the "Idaho Statesman" now. She taught me a lot about business and about leading a team, about encouraging the people that you work with to do their best and to take ownership and to motivate those people to do great things. I've tried to emulate her in my leadership skills. There are also my colleagues here in Boulder who run other web design and development in active firms. I actually get together for lunch three or four times a year with the CEO's of about eight other firms. We use each other as sounding boards, we share ideas, we share stories of things that happen with clients and happen with staff, and what would you do in this situation. We all learn from each other. I get a lot of support from my colleagues. Larry:  Yeah, that's great. Lucy:  Interestingly enough, the person who taught me programming was my high school math teacher. We learned it was less than basic. [laughs] Beth:  Ours was pretty basic. Lucy:  It was less than basic. It was pretty basic or something. It was on a little Olivetti desktop in our classroom, so amazingly important these math teachers. Beth:  Oh yeah. Lucy:  Amazingly important. Larry:  Of course. One of the things that we learned about a great deal is the challenges that we faced. What is the toughest thing that you had to do in your career? Beth:  My first answer would be letting someone go from a job. As a business owner, as the person who runs the company, that job falls to me because we're a small business, there are 14 people here on my staff. That's the hardest thing. That has been the hardest thing. Luckily, I haven't had to do it very often in the 14 years that I've been running Insight Designs, but it's very difficult and it's very personal, even though you try not to make it personal. I felt, in the couple of times that I had to do that, that it's a failure, and it's not necessarily just a failure on the part of the employee who doesn't make it, but also on my part because perhaps I didn't do enough to train the person or perhaps I wasn't a good enough judge of character or a judge of skill set when I hired the person. That's something that I have struggled with. Then, in a broader sense, I'd say one of the biggest challenges for a company like mine, a 14‑person Web company, is the ever changing technology and trying to decide which types of technology we are going to invest in and really master, because there are so many paths you can take. Just as an example, when we started in 1999, we decided ‑‑ Nico and I ‑‑ that we were going to use PHP and MySQL as our platform. PHP is open source and the equivalent of that in the non‑open source world is ASP. That choice was very important at the time and it's still been our choice 14 years later. In the meantime, there's been ColdFusion and Ruby on Rails and a lot of other ways to do the same work that we do using PHP and MySQL. We have to take a look at those other options and decide which ones are worth pursuing. There are always new platforms and new content management systems. I'm sure you've heard of WordPress, and Magento, and probably Drupal and Joomla, which are all open source content management systems. Those are the four that we've used the most, but there are also scores of others and you have to be selective. You can't try to master all of them or you spread yourself too thin. That's a challenge, just picking which thing that you want to focus on. Lucy:  That would be quite a challenge. Shifting gears just a bit, if you were sitting here talking to a young person and giving them advice about entrepreneurship, what one or two things would you tell them? What kind of advice would you give them? Beth:  I think being a successful entrepreneur takes a lot of structure. I think that's one thing that has helped our company along the way. There are a lot of people who have great ideas, and I think you have to also be able to execute those ideas. One piece of advice would be to make sure that when you're building your team that you have the operations piece, the execution piece, handled. Whether it's something that you're doing yourself or whether you find a partner who can tackle that side of things. I would say another piece of advice would be to make sure that you are not taking on too much at once, not spreading yourself too thin, along the lines of what I've just said about the other issue of what's been challenging for me is to not try to do everything. I know of some other firms that haven't made it in our space because a client has asked them to take on one project in this language, another project in this language, another project in this language, another project in this language, and then they lose a programmer and they don't have any way to maintain that particular project that's programmed in this language that they don't have anybody else on their staff that they know anything about. I think that that often could be the beginning of the end for a small company. I think staying focused and making sure that you have both the ideas and the ability to execute them. Larry:  That's a very good advice. Now, I want to hear some more good advice, and I have a feeling you've got some here. On your personal side, what are the characteristics that have made you a great entrepreneur? Beth:  That's a hard one. You ask me about mentors before, and I didn't mention my father, but I do think that some of the traits that I got from him. One is a very strong work ethic, and another is perfectionism. I think both of those things have certainly helped in the success of my business. I also think that being a good communicator is crucial to success in any walk of life, but as an entrepreneur, as a business owner, a team leader, good communication is incredibly important to create an efficient operations, and, obviously, the more efficient you are, the better your business is. Lucy:  I can say that the perfection shows in the work that Insight creates. Super high quality. Beth:  Thank you. Lucy:  You're very welcome. I'll compliment you on that. It's very great. With all the things you've been doing in your work life and at the company, getting advice and talking to mentors and communicating with teammates, I also know that you've got a personal life and maybe listeners would be curious to know how you bring balance between your professional and your personal lives? Beth:  When Nico and I started our company in 1999, we created this list, a very simple list, of six guiding principles and one of them was to earn enough money to afford to buy houses in Boulder, and I'm proud to say that 12 of the 14 people on our staff own homes in Boulder now. Lucy:  No small feat. Beth:  Another one of the guiding principles was that we wanted to have a work life balance. A lot of people say they live to work, and then other people say they work to live, I think both of those are a little misleading. I like to think that life and work can go hand in hand and that you really can have a balance, and your personal life can accentuate your work life and vice versa. I do think that as a company, we've been very good about not having people work 50 or 60 hours a week, including myself and Nico. Certainly, there have been times over the years where there's a big project and we've worked through a weekend, but we don't stay here all night and we prioritize so that we can all get home and be with our families, or go for our bike rides, or our hikes, cook our dinners, and read books, and do all those things that help us stay sane and keep us balanced people. I'm very into math and I think that if you limit the amount of time that you spend in your office, that's going to help you have balance. That's not to say that when I'm at home I'd don't check email and I don't check in on projects and things like that, I do. I think in today's world, in some ways, that's a necessity, especially if you're a project manager or somebody who owns a business. But I think it's important to try to limit those things. Certainly, I try not to check email in the hour before I go to sleep at night otherwise it might just keep me up all night. Larry:  That's good. You've already achieved a great deal. I know you started your business in 1999, and by the way, we launched w3w3 Talk Radio in January '99, so we can relate to you quite a bit that way. Now, you've already achieved a great deal. What's up for you in the next few years? Beth:  I think there's going to be some more fun in the application development world. I mentioned the one healthy habit app that we're working on, but there are others on the heels of that. I think a lot of the apps that we will do have to do with improving life, making life easier, making it more enjoyable. I can't say too much about some of them, but we'll help you organize your life and also keep track of all of your personal encounters. Let's just leave it at that. Beyond that, I think there are other things going on in technology that I think are exciting. I'm curious to see how soon certain things will come about. One of the things that gets in the way sometimes when you're developing for the web, is obviously the speed with which users can experience what it is that you're developing. Processing power and Internet speeds are often the things that limit what we create. I'm sure you've seen that, Larry, with audio playbacks and obviously, video. As people are using their mobile devices especially their iPhones and they're watching videos, and there's all this buffering and it's choppy, and all of that. I'm excited to see what happens with the companies out there that are working on new chips that are low power consumption chips, with outstanding graphics and processing power. I think as that comes about, then the things that we can create that make use of that increased processing power, will be amazing. Lucy:  I'll bet Insight Design is going to be right there, right in front. [laughs] Larry:  I have a feeling. Lucy:  I guess, absolutely. Beth, thank you so much. Great answers. We loved talking to you, as always and I want to remind listeners they can find these podcasts at ncwit.org and also w3w3.com. Larry:  You bet. Beth:  Thank you so much. Larry:  We're proud of that, yes. Lucy:  Thank you, Beth. Beth:  Take care. Larry:  Take care. [music] Series: Entrepreneurial HeroesInterviewee: Beth KrodelInterview Summary: Beth Krodel (Beth Crow-del) is the co-founder of Insight Designs Web Solutions, a Boulder based company that specializes in creating and developing websites and interactive online products - "I think being a successful entrepreneur takes a lot of structure. I think that's one thing that has helped our company along the way." she goes on to say, "There are a lot of people who have great ideas, and I think you have to also be able to execute those ideas. One piece of advice would be to make sure that when you're building your team that you have the operations piece, the execution piece, handled. Whether it's something that you're doing yourself or whether you find a partner who can tackle that side of things." Release Date: July 8, 2013Interview Subject: Beth KrodelInterviewer(s): Lucy Sanders, Larry NelsonDuration: 20:55

ceo women english interview internet science chinese iphone detroit 3d web series math shifting basic concept boulder colorado mercury wordpress processing talk radio national center information technology amazingly rails php release date interviewer asp detroit free press ruby on rails mysql magento drupal north carolina school interviewees apple ii audio files joomla cold fusion boulder county olivetti datetime idaho statesman ni hao larry nelson ncwit preflabel interview summary lucy sanders
Interview with Hilary Mason

Play Episode Listen Later Feb 1, 2013 13:58


Audio File:  Download MP3Transcript: Interview with Hilary Mason Lucy Sanders:  Hi, this is Lucy Sanders. I'm the CEO for the National Center for Women in Information Technology, or NCWIT. Today, we're continuing with our series of wonderful interviews with women who have founded technology companies. We really love this interview series and are very excited about the person we're talking to today. With me is Larry Nelson from W3W3.com. Hi, Larry. Larry Nelson:  Hi. Boy, I'm really happy to be here. This is a wonderful series. It's extremely popular on our W3W3.com website. In fact, we archive all the interviews so you can go back and listen to them also. Lucy:  Also, listeners you can find this interview on the NCWIT website as well. Today, we're interviewing a very special person, Hilary Mason, who is the chief scientist at Bitly. We'll have to have Hilary explain it more precisely than I will, of course. But Bitly is primarily a URL shortening service, a bookmarking service. It really provides a fun and easy way to save and share and discover links from the web, by using links that they call bit marks. Reducing that URLs pretty important. Those things can get pretty beefy. You can't really share them very easily when you have only so many bytes that you can send along. This is pretty important to services like Twitter, for example, and others. Hilary's got a great job at Bitly. She's the chief scientist and her work crosses peer research, math and the development of product focused systems. Another thing we know about Hilary. She loves New York. Absolutely loves New York. Loves everything about New York, entrepreneurship, I'm sure she's going to tell us about that. She also gave one of my very favorite TED talks of all time, Replacing Yourself with a Very Small Shell Script, which I listened to several times. Hillary, welcome. Hilary Mason:  Thank you so much. Lucy:  Tell us a little bit about what's going on at Bitly. Hilary:  You gave a great overview of what Bitly is. But it's a fantastic example of something that is extremely simple that becomes quite interesting at a large scale. At Bitly, we see the links that people are sharing across all their different social networks. These are things like Twitter, Facebook, Tumblr, WordPress, Live Journal. Even strange places like YouTube or inside a virtual world like Habbo Hotel. Then we analyze the data in aggregate that comes from that social behavior. The kind of work that my team does is looking at human behavior through our social data. We work on things like building a search engine to try and find the most popular links about any topic you might be interested in. We also work on content recommendations. Some other really fun applications that are only possible because of the data set that comes from that very simple mechanism of shortening and sharing a link. Larry:  Wow. Lucy:  That's pretty interesting. All the social networking and sharing that's going on, we just redeveloped our website so we could more easily share our resources and also shorten our URLs. Very timely for us. Hilary, tell us a little bit about how you first got into technology and as you look out across the landscape today, which technologies do you find particularly interesting? Hilary:  The question about how I first got interested in technology was actually when I was a little girl. I was fascinated by computers. I taught myself to write code from reading the back of magazines when I was still in elementary school. I remember my first program. It was the Absolutely Wonderful 10 Print Hilary is Great 20 Go to 10 Run. [laughter] Hilary:  I thought it was amazing because it was an infinite loop and my teacher had no idea how to turn it off, who was even funnier. Lucy:  I know, infinite loops are pretty funny anyway. Larry:  Yes. [laughter] Hilary:  Yes, so I've always been fascinated by it and I always knew that it was what I wanted to study. Then I went off and majored in computer science. As to what technologies I think are exciting right now, they're so many different ways to think about that. On the human side, I think the way that I can carry a computer in my pocket that's more powerful than that computer I had when I was in elementary school is amazing. I'm excited to see how our devices interact with the real world in the next few years through projects like Google Glass and other sorts of augmented reality things, things people have been trying to build for decades. Only now has the tide caught up to the idea that people have. I'm also really excited about data technologies and the way that we can use data. We have data available, we have compute capacity available. We can use it to make our lives better and more interesting. As a throwaway side project, I went and got all the menu data for all of the restaurants that are not fast‑food restaurants in Manhattan and was able to find...If you want Thai food, you should go to the area around Hell's Kitchen because it has the highest density of high‑quality Thai restaurants in the city. That's something I could do in a day that never would've been possible even a couple years ago. Larry:  Wow. Lucy:  Things are changing really quickly. Larry:  Very quickly. I must say, just a couple days ago, a colleague of mine sent me an email. The link was so long, it was incredible and I get these long links from him frequently. I'm going to make sure I send him your website. [laughs] Hilary:  Definitely should. I think email is still the biggest social network. Larry:  Yes. Now, let me ask this, Hilary. It's two parts, all related. Why are you an entrepreneur and what is it about entrepreneurism that makes you tick? Hilary:  I've always had mixed feelings about the word "entrepreneur" because it's so overloaded in our culture and it's become really trendy in a way that I'm not sure is healthy. The way that I like to describe the work that I do is that I tend to find problems and then try to make things that solve those problems. Sometime those things might be hacks, like the one I just described to you. At one point, we also built a door knob that you could text to unlock a door. That was very clearly a hack to solve a problem. It was not a company, it was not a product. Sometimes they're products, sometimes they're companies, sometimes they're non‑profits, like HackNY, which is an organization I co‑founded a couple years ago. The way I like to think about it is more engineering the right thing to solve the problem. Not so much about starting a business just for the sake of being an entrepreneur. Lucy:  That's pretty interesting. Larry:  It is. Lucy:  What is it about that problem solving that you really like? Can you expand a bit more on that? Hilary:  Sure. It's very much my philosophy about how we should build and develop technology. I really think it should give us super powers. The ability to do something we really couldn't do before. We're extremely lucky to live at a moment in time, when if you're willing to put in the time and energy, it is actually possible to build things that have not existed before, that actually do make people's lives a bit more interesting. Lucy:  That's a great answer. I have to think a lot about your answer around entrepreneur being too overloaded. Larry:  Yes, me, too. Lucy:  That's a fascinating point of view. So far along your career path, who would you say influenced you? Who would your role models be, or your mentors? Hilary:  That's a really wonderful question. I've had a few. One of them is definitely my mother, who, in her retirement years, went and became a ski instructor. Because it was something she really wanted to do. Now she's kicking ass with people much younger than her and having a great time. But really, I realized a couple years ago that the idea of entrepreneurship has always been in my family. I think it's also tied to the traits of stubbornness and impatience that tend to run in our family as well. But several people in my family who I admire, including my dad, have started their own businesses. Generally doing something that was not entirely normal. So, creating a solution to something that had never quite existed before. I've also really been inspired by certain authors. People who write things that just change the way you think about the world. In computer science, I've been reading the work of Richard Hamming, who was a mathematician who worked on the Manhattan Project and taught at West Point for many years. He has a wonderful book called On Science and Engineering that has quotes like, "In science, if you know what you're doing, you should stop. In engineering, if you don't know what you're doing, you should stop." Most of us live in the middle of that. I'd highly recommend it to any scientist and engineer. Lucy:  I need to get out and read it because I love quotes like that. Larry:  Boy, yeah, me, too. Lucy:  I think that's really interesting. Larry:  You've done so many different things. I want to congratulate you for that. But let me just ask you this... What is the toughest thing that you've ever had to do in your career? Hilary:  Wow. Thank you. I really feel like I'm just getting started so it's really a pleasure to hear something like that. I think the toughest thing I ever had to do, and this may be an artifact of my own failings and weaknesses, is that it took me a long time to realize that, to succeed at anything, you really need other people to want you to succeed. And you need their help. The hardest thing, for me, was to learn how to get other people excited about the things I'm excited about and to work with them, hopefully helping them at the same time, to build things together in a community. Lucy:  That's a hard lesson for, I think, a lot of people. That kind of a lesson, they don't teach that in school. Larry:  Nope. Hilary:  Not at all. Especially for somebody who grew up very nerdy and very independent, it's a hard thing to realize that you really do need other people to accomplish what you want to accomplish. Lucy:  That leads directly to being able to communicate about, to be able to enlist people to be passionate about it in some external way, right? Hilary:  Absolutely. Lucy:  So that people can really sign on. When I worked at Bell Labs we had, obviously, hundreds and hundreds of engineers who had to excite other engineers about their approaches. Many of us had to learn that the hard way. That's a great lesson to learn for anybody, entrepreneur or not, I think. I you were sitting here, though, with a young person and giving them advice about entrepreneurship, given our prior conversation about the word itself... But given that we'll call it that for now. If you were giving a young person advice, what would you tell them? Hilary:  Funny. I was invited to speak to a bunch of college students from NYU on Saturday. I spent quite a long time thinking about the answer to this question. I actually do have one for you. My answer to that is just to have adventures and to say yes when you're not sure about something. You're going to learn something fascinating along the way. Larry:  That's really good. I like that. Hilary:  Also, if you keep that spirit of adventure with you, even if the thing you're doing is a total failure, you'll have had a great time. It doesn't matter. Lucy:  This is important for technologists, especially, because technology's on the edge. Like Hilary and others, who are inventing new things. That whole invention process is really an adventure. You can't invent something you already know what the end is. Larry:  [laughs] Yes. Lucy:  That's a pretty important observation. Larry:  There's a real good question here that's good for any entrepreneur. They ought to take a look at it. That is, how do you, Hilary, bring balance into your personal and your professional lives? Hilary:  Another good question. It's one that, I think, we tend to set up personal life and work life as if they're diametrically opposed and they're two things that should have a wall between them. I don't really look at it that way. I try and make sure I enjoy what I'm doing in my professional life. I try to make sure that it doesn't overwhelm what I'm doing in my personal life. But, in general, a lot of the things that I do are on that line of both. Where, for example, I'm taking a trip to San Francisco this week. I'm giving three talks. That's definitely professional. I'm also meeting up with friends. It's going to be a great time. I think it is a challenge. But it's one that, as long as you're happy, it's OK. Lucy:  That blended answer, we get that a lot. One of our most popular answers and also an answer that says, "What balance?" Larry:  [laughs] Yeah. Lucy:  Totally imbalanced. You've already achieved a lot. You mentioned you were just starting out. You mentioned your love of adventure and always keeping that adventuresome attitude. What can you say about your next big adventure? Hilary:  That's really a good question and one that I try to think about quite a lot. There are a couple of things I'm pretty excited about that I don't think have really caught on in the community, which means it might be an opportunity. Or it might be a terrible idea. I'd like to pursue those things. In general, themes around how technology can help us be better people. Lucy:  That's interesting. That's one of the themes today, in fact, as the beginning of computer science education week. Some of the themes around technology to serve the world, technology to make people better, those are great things. Larry:  Yes, absolutely. I love it. Lucy:  Well, thank you so much, Hilary. It's been a pleasure talking to you. Have fun on your trip to San Francisco. Hilary:  It's been great speaking with both of you, too. Lucy:  I just want to remind listeners that they can find this interview at w3w.com and ncwit.org. Larry:  All right. Lucy:  All right, thank you. Larry:  Thanks Hilary. Hilary:  Thank you. Lucy:  Have a safe trip and have fun. [music] Series: Entrepreneurial HeroesInterviewee: Hilary MasonInterview Summary: Hilary Mason, Chief Scientist at bitly, describes problem solving and the development of technology as a super power - "the ability to do something we really couldn't do before." She goes on to say "we're extremely lucky to live at a moment in time, when if you're willing to put in the time and energy, it is actually possible to build things that have not existed before, that actually do make people's lives a bit more interesting. Release Date: February 1, 2013Interview Subject: Hilary MasonInterviewer(s): Lucy Sanders, Larry NelsonDuration: 13:57

ceo women new york interview hell san francisco funny run series manhattan loves engineering kitchen boy concept wordpress nyu reducing thai tumblr generally west point national center information technology release date interviewer chief scientist urls google glass manhattan project interviewees bell labs livejournal audio files bitly datetime habbo hotel hilary mason larry nelson ncwit hackny preflabel replacing yourself interview summary lucy sanders
Interview with Asmau Ahmed

Play Episode Listen Later Sep 1, 2012 22:57


Audio File:  Download MP3Transcript: Interview with Asmau Ahmed Lucy Sanders:  Hi this is Lucy Sanders, the CEO of NCWIT, the National Center for Women and Information Technology and this is an interview and a series of interviews that we're doing with just wonderful entrepreneurs, who have started technology companies. With me is Larry Nelson, w3w3. Hi Larry. Larry Nelson:  Hi I'm so happy to be here. One of the great things we've been on the Internet Radio Show business for fourteen years and we're running into NCWIT and Lucy Sanders and their whole team. This has been absolutely been fantastic. I've got four daughters, so I'm very very moved. Lucy:  Wonderful. OK. This is the first time in over seventy interviews that I believe we're interviewing a chemical engineer. Larry:  Oh, that's it. That's right. Lucy:  It's awesome and with experience in color quality assurance no less. So stay tuned as to why this is so important for her company, Plum Perfect. Today we're interviewing Asmau Ahmed. She is the founder and CEO of Plum Perfect and it's just this fantastic site where you can go and you can upload a picture of yourself and magic happens, and it will find through color detection the right kind of make‑up for you. Now, Larry if you're not going to really look up at make‑up yet, OK, they're going to expand in other verticals around clothing or maybe furniture so you could send a shot of your sofa and you would know what colors you could use to decorate your house. Welcome Asmau. We're really happy to have you here. Asmau Ahmed:  I'm thrilled to be here. Thank you for having me. Lucy:  So tell us a little bit about what's going on at Plum Perfect. It's just an astoundingly beautiful site as well. Larry:  Yes, yes. Asmau:  Thank you. Thank you. What we've built really is a technology that enables end‑users to use mobile, social and online photos to shop. That really is the base line of our technology. Think about, what you said Lucy, taking a photo of your face and instantly in seconds, we would scour the web and all of the brands that you know and love to find you the one lipstick that would look great on you, the one eye shadow that would look good on you for that night out. Take a photo of a dress that you already own and we're going to find the perfect accessories to go with that dress or couch, to find the perfect throw pillows or paint colors. What we've really built here isn't just a beauty product or a fashion product or a home product. It is the ability for users to take photos, which we all do now, right? We literally have cameras everywhere we go on our phones, on our computers, so the ability to utilize that and we share it everywhere too as well right on Twitter, Facebook, Pinterest, Instagram. We're really in this culture of photo sharing. What Plum Perfect does is leverage that culture of photo sharing and uses that to drive e‑commerce powered by really, really strong technology. Lucy:  I can already see a successful exit for you. Larry:  My wife would be there tonight. Asmau:  I would be happy to take any introductions. Lucy:  I may be visiting this company when I go to California the end of this week. Asmau:  Oh, that would be great. Lucy:  Why don't you tell us how you first got into technology? You're a chemical engineer and here you are now starting a tech company. Asmau:  Absolutely. So where do I start? I love innovation. It's just been part of life, part of how I grew up. I remember growing up and reading my father's ‑‑ I'm aging myself now ‑‑ at that point, computers as common as they are today ‑‑ but reading my father's encyclopedia and just always being amazed by technology, particularly chemistry. At a young age, my parents changed our laundry room into a chemistry lab for me. [laughing] Asmau:  You know they did. So that was just the beginning. I knew that even in college, I was a chemical engineer, but I loved, loved, loved till today, loved math. I loved innovating and I couldn't just figure out what I wanted to concentrate on. That could be a good thing and a bad thing. I went with chemical engineering because it was so diverse, but I also made sure that I took all of the math classes and all of the biology classes, just anywhere I had an interest. In leaving college, my first job was Honeywell International, where I did manufacturing work. Through my experiences at work and through my experiences at shopping, I thought how neat it would be, if we were able to build, if we ever got to the point where we had visually accurate information in consumer‑grade cameras and were able to extract that information somehow, make sense of that information, and use it to recommend other products that you could buy. At that point, I thought how neat would that be if we could use photos to power e‑commerce. This was years ago. I don't think that if I had built something back then, it would be as successful as it is today with the culture of photo sharing, but that was how it all began for me. I honestly did not do anything with it for a while, but sat on it. It was just one of those ideas that wouldn't go away. It was one of those things that just kept nagging me. In the back of my mind, I knew that it had legs. I knew that this was something that could really really catch on. Until I went to business school and wrote a business plan and built the technology, I learned how to do it. I had a chemical engineering background not a software engineer or a coder, but I know logic. I was curious enough to learn how to build out the first technology, build out the first recommendation engine. That was about five, six years ago and here we are. Larry:  Wow, very impressive. My goodness. What do you think out there in the field are technologies that are really cool today? Asmau:  Oh my goodness. I think virtual reality, anything virtual reality is great. I was watching , actually one of my favorite Sunday pastimes is watching tech. This past Sunday, there was a show and I don't remember his name, on how we can really integrate a virtual world with reality without having the interface of a computer. Where you can literally just use your fingers to take a photo or go shopping and use the window to figure out what it is that you want to buy in the store. I think virtual reality and integrating reality with the online world or the digital world, I think that's where the next big technology breakthrough would be. Lucy:  I just read about being able to control devices mentally, so I don't know if maybe I dreamt that. [laughter] Asmau:  You know to think that that's not too far away. I mean there are great technologies being built today that allow you to control things by what you sense is, smell. For us we are using photos because we thought using something visual was the closest thing we could get. It was measurable. But being able to control something by your mental ability, using your brainwaves of some sort to control what you do. It's a little scary isn't it? But its great. Lucy:  It is great. Well, so why are you an entrepreneur? What is it about being an entrepreneur that makes you tick? Asmau:  I think that there is an entrepreneurial DNA. I think that there really is a type of person that can stride in the world of entrepreneurship. For me as a child, I remember to just always wanting to be everything. I could never say I wanted to be a doctor or a lawyer or an engineer. All I knew was that I wanted to innovate. All I knew was that I wanted to do something radical, make a difference. I wanted to build something out of seemingly nothing, but put pieces together. That was my one goal really in life. For me, I find that one goal fulfilled with entrepreneurship. It really is a way for me to innovate, a way for me to build, a way for me to use my brainpower and my knowledge to make a difference and to create something that I see has utility. People love it when they see it and they use it. I've worked in corporate America before and there are great things about it, but I was bored to death. At the time I stopped working, I knew it was time because it was an environment that was good from a stability standpoint. I was getting a paycheck every other week. It was great to have that, but I felt my brain cells were deteriorating because I was not learning anything new. I was not motivated by what I was doing. I did not have the freedom to innovate as much as I wanted to. It really is, innovation is what drives me. For me, it is not about work or play, it's really all about life and for me life is about innovating. It's about making a difference and entrepreneurship allows me that outlet to do that. For me, there isn't a nine to five job. It really is my life and what I do. Larry:  Now, let me ask this. Along the way you launched your company five, six years ago now and you've done so many different things. Who were your mentors or service role models for you over the years? Asmau:  Well, there are quite a few. The greatest supporters I've had, have been advocates of technology, advocates of women in technology, advocates of minorities in technology and just people that recognize talent when they see it. I know that I've started building technology five, six years ago, but we launched the company about two years ago 2010. One of my very early supporters was with the Astia Network. Astia is a community of women in technology or women in start‑ups to come together. I joined ASTIA back in 2010. Through Astia and all of the wonderful people that make up Astia, Yolanda Wardowski, Sharon Vosmeck and a bunch of others, I've got a huge huge support network and a huge boost. One of our greatest supporters, as well an earlier investors, was Keyport Capital. Frieda and Mitch Keyport has just been, I can't describe words how much support they have offered. You know when you talk about having angels or [indecipherable 11:09] . It's not just about the money, it's about the advice, the time, their experience, belief in you even when you make mistakes and you will make mistakes. I have made mistakes. Their constant support and knowing that there is somebody with this much experience that has been through the grind, had so many business start‑ups and has seen the entire spectrum of really big successes to drastic failures, and having them believe in you and take the time and energy to spend with you, most recently Golden Seeds, who are our latest investors. o On that board is Marty Nealon, who is the former CEO of the Home Shopping Network. I remember first meeting Marty and actually met her with another gentleman, and immediately, when I told her about what we were building, she loved it. She loved it from the get‑go. She got it. She understood and she has been behind us a hundred percent since. Obviously, we couldn't have done this without Astia, without Keyport Capital, without Golden Seeds, without my husband who takes care of my two‑year old son every time I have to go out on the fundraising trail or go out to travel for business. We could not have done it without all of their support, both people that believe in the technology and its potential, and people that believed in me and my potential as an engineer and also as a founder and CEO and people that have just been a great support network for me, family and friends. Lucy:  Well, you know we know many of them well here at NCWIT. We worked with Frieda and the level playing field and we worked with... Asmau:  Oh. so you know how passionate Frieda could be. Lucy:  Oh, absolutely wonderful people. Now, we're going to switch gears and talk about this toughest thing that you've ever done in your career. Why don't you tell our listeners what ever comes to mind about, "Oh, that was horrible. I would hope to have never do that again." Asmau:  That's a tough one because Lord knows I've made a lot of mistakes. The toughest thing that I've ever done ‑‑ I know this is going to sound very cliché, but it's the truth ‑‑ it really has been around not following my passion when I knew it was time. It's been around staying at that job longer because I wanted to have that security of that paycheck. I did not want to take the leap of faith, you know, what would happen if I did that? ,The toughest thing that I've done is stayed at an environment that I knew wasn't right for me, that I knew was a path really leading to nowhere but feeling obligated to stay there because I had to make ends meet right? For me, that was the toughest thing emotionally. It was also the toughest thing, mentally for me. It was the toughest thing. It was tough. It was tougher than going out there. I know that most start‑ups would say the toughest thing was fundraising and waiting for forever and not getting funded and you know hearing all the nos. For me honestly that was fine because I knew that not everybody would buy into our technology, not everybody would love it. It wasn't everyone's sweet spot, but I believed in it and that fuel kept me going. Staying in the environment where I had no fuel, where I had no passion was a slow death, so that was the toughest thing. Larry:  Wow, you know that's going through a great deal and that's a great segue into our next question. That is, if you were right now sitting at your desk or your table with a "wannabe" entrepreneur, what kind of advice would you give them? Asmau:  I would say if you can, find a partner. Find somebody that believes in this just as strongly as you do. It has to be the right person from the onset and go at it together. Finding that partner is like choosing a mate for life because it really is that intimate of a relationship. You have to trust them. You have to get along. You have to be comfortable about talking about strategy to finances to direction of where the company is going to go, hiring, who's going to take responsibility. It's like raising a child together right? So you have to be able to know that person and trust that person in and out. That's my first advice. My second advice would be you're going to hear a lot of nos and you're going to hear people give you varying opinions on how can grow your product and that's a great thing. When you have a strong technology, you have a strong product. There's several different ways that you can go with it. That's a good thing. But you need to stay focused and I struggled at that very much in the beginning. That was something that I got lot of guidance on was when we first build this out, we wanted to be everything. We had to choose one vertical to focus on, and hopefully, we can roll out the others with time, but we had to get the first vertical right. My third advice would be to stay focused. Lucy:  Focus is important. Asmau:  It is very important. Larry:  I like it! Lucy:  So along the same lines and maybe drilling down just a bit, what personal characteristics do you have that make you a successful entrepreneur. Asmau:  Staying power and not giving up, that's one. The second is thinking outside of the box and pushing the envelope. Whenever I try to bring somebody on board on our team or I post the job, I always put on there that this isn't for the faint‑hearted. If you're looking for the status quo, this isn't it for you. You have to be willing to push the envelope. If I think that and not going out there and seeing whether they exist and using that as the limits to what you can create right? And I had a lot of people that have done that. They've come onboard and they're like, "Oh let's see what other people are doing," and that kind of creates the boundaries to what we can do. I say, "No. We can't do that. The whole point of this is that we're not looking to create what has already been created. We're looking to push the boundaries here." Yes, we learn from what has already been done, but we take that next level. We take it a step ahead. So I think just having that mindset as well. I think the two characteristics are staying power and just a thirst for innovation and pushing the envelope and not being satisfied until you do. Lucy:  Well, and I think the push for innovation is something that many people need to experience an innovative effort before they really understand that, right? Asmau:  Agreed. Lucy:  They have to be around it for a while. Some people are busy when they're young blowing things up in their parent's laundry room and the chemistry lab. But I think some people are a little scared of innovation perhaps until they've gone through it before. Asmau:  I think also that people are scared of failure. Lucy:  Yes. Agreed. Asmau:  I've been through this as well. For me, I think it's not necessarily failure, it's a fear of not being the best and not knowing how to approach or solve a problem. You then kind of shut off and just think you can separate yourself from this world of innovation just because you don't know how to relate to it. You are not sure you would be the best that you can be, if put in that world. I think even more so than not being around innovation because I think this day and age we're all around innovation. You can't escape from it. It's everywhere. I think it's the fear of just engaging with it and knowing that you can without failure. Larry:  Innovation is certainly a big word here, but also you know you have a very loving, wonderful family. You're building a new business. How was it that you bring ‑‑ and this is a word we talk about a little bit ‑‑ balance into your personal and your professional lives? Asmau:  A lot of support, my family. I think as women, we are built to multitask. I went out fundraising, when I was pregnant. I continued to work when I had my son. I didn't shut down between breastfeeding and changing diapers. I continued to work. It's really a matter of effective time management skills. Again that drive, that drive, if you're really passionate about something and it's is what drives you, then you find time for it. You get it done somehow. There's been times when I've slowed down, absolutely, but I've slowed down. I have always known that I would have to make up for that and get back on and push even harder. There's no magic formula to this. It's really just about having that drive, managing your time effectively and having the support. My husband has been... I couldn't have done this without him. He's been awesome. I remember having to travel out to the West Coast sometimes and not having a nanny and he would come out with me and stay with my son in the hotel, while I went out on meetings. It really is a team effort. Lucy:  I love that story because I feel like that's an answer to women potentially having stronger careers, that kind of sharing. I think not only that, but I think it's an answer to a number of fathers feeling like they've been with their kids as they've grown up. I think it's wonderful. You've already achieved a lot. What's next for you? We think that's kind of an interesting question to ask entrepreneurs because they are so heads down in their business and their life, but do you see anything that potentially might be next for you or for the company? Asmau:  Absolutely. You know it's interesting that you say that we're so heads down because I think you're absolutely right. I was talking to one of my colleagues here, and sometimes, we just realize that we just need to take some time out and appreciate the milestones that we've achieved. You spent so much time working at getting to that milestone, but when you get there, you're already thinking what's the next step. For us, I think we've built a great technology. We've built a great product and we have active users. I would love to see our user base increase significantly. I would love to see us go out there in the marketplace. We haven't done a ton of marketing, but we've already built great enthusiasm for our technology in the technology round space. My next goal is to reach as many people in the US and internationally as we can. I really see this as the next way to shop, the next way for people to engage with stores and with retailers both online and the physical stores. It's just to take a photo of whatever it is you want and we can use that visual information from that photo to drive e‑commerce. I mean just think about how huge that could potentially be. Lucy:  I'm excited. Asmau:  Whatever that thought is or wherever your imagination goes, that's how big we want to get, that's how much impact we want to have. It's baby steps. We've certainly taken a lot of baby steps in the past four years. We've made huge milestones and we're looking forward to our next achievement. Lucy:  It sounds wonderful and I'm looking forward to the time I could actually buy make‑up that looks good on me. Asmau:  Certainly. Lucy:  All right well thank you very much Asmau:  Thank you, Larry. Lucy:  I want to remind listeners that they can find this on w3w3.com and ncwit.org Larry:  You betcha. Thank you so. Lucy:  Good luck with the company. Asmau:  Thank you so much. [music] Series: Entrepreneurial HeroesInterviewee: Asmau AhmedInterview Summary: Asmau Ahmed's entrepreneurial story begins with years of unsuccessfully navigating store aisles in search of make-up and clothing colors to help her look her best. As an engineer and beauty and fashion enthusiast with over 11 years of experience in business, Asmau was compelled to address the problem with technology. So she built Plum Perfect, a visual search engine that provides instant personalized recommendations to shoppers using their photos. Release Date: September 1, 2012Interview Subject: Asmau AhmedInterviewer(s): Lucy Sanders, Larry NelsonDuration: 22:57

america ceo women california lord interview innovation dna focus staying series pinterest west coast concept women in tech national center information technology release date interviewer women in technology agreed interviewees audio files home shopping network datetime internet radio show golden seeds astia honeywell international larry nelson ncwit preflabel interview summary lucy sanders
Interview with Brandy Alexander-Wimberly

Play Episode Listen Later Aug 1, 2012 14:08


Audio File:  Download MP3Transcript: Interview with Brandy Alexander‑Wimberly Lucy Sanders:  Hi this is Lucy Sanders, the CEO of NCWIT, the National Center for Women and Information Technology. With me is Larry Nelson from W3W3. Hi Larry. Larry Nelson:  Hi, I'm so happy to be here. This is talk radio show but we really like to do anything we can to help promote young girls, young women in business and technology and we have been lucky enough. We've interviewed seventy plus now and it's really great. Entrepreneurship is a big thing. Lucy:  Right and we've been promoting in social media as well. Please pay attention to our Twitter and Facebook feeds and you'll hear more about these wonderful women. So today we're interviewing Brandy Alexander‑Wimberly, the founder and CEO of Buyvite. Buyvite is really, really cool. I've pulled a few tag lines from their site because I just love them so much. Never front the money for your friends and family again. Group pay for event tickets. Planning on getting your cousin a gift from your entire family? Now these are all situations that I think our listeners could really relate to because they volunteer to buy a group present or to pay for a group trip and they have the unenviable task of going back around and collecting money from family and friends which can be stressful. So Buyvite ‑‑ and we'll hear more about this from Brandy in a moment ‑‑ is an online community that really facilitates and simplifies this type of group purchase. Basically, family and friends can all contribute to one transaction. You can invite friends to group purchase as well. A beautiful site. You're going to hear that Brandy is a serious user interface person as well and you can see this at her site. So welcome, Brandy. Brandy Alexander‑Wimberly:  Thanks for having me. Lucy:  So tell us a little bit about what's going on and Buyvite and how you make this all less stressful. Brandy:  Yeah, Buyvite just went live in May, after about a year in development. So we are actually kind of happy to announce we just closed an angel round. We'll be doing some additional tweaks to our platform but we're really excited about the future of social commerce and group payments in particular. We see what we've created as almost like a Kickstarter or a Crowdfunder, but for retailers. So that is kind of the essence of our platform. Lucy:  It's a gorgeous user interface. Let's just really go to the site and take a look at it and go buy something for Samba. And get your friends to buy it with you. Brandy, tell us a little bit about how you first got into technology and as you look out today on the technology landscape, what particular things do you think are pretty hot from a technical perspective? Brandy:  Well, I actually had an interesting arrival into my career in technology. I was actually working in old media and I always tell people that I transitioned from old media to essentially new media. I started my career working in radio and television and saw that everything was essentially moving to the Internet, and I decided that's where I wanted to be as well, so I had additional course work and kind of worked my way up from a small web design firm back in 2005 to where I am today. Larry:  Wow. Lucy:  Wow that's awesome. So obviously you think online media is pretty cool? Brandy:  Definitely, absolutely. Larry:  Boy, I can tell you I can relate to that so much. My wife and I were co‑hosting on a couple Clear Channel stations radio shows and this Internet stuff started popping up and we decided, "We're gone." Brandy:  Yeah right, exactly, exactly. I've worked in it since 2005 so many many years now at this point and in terms of what I think is cool right now, I have my eye obviously on social commerce, responsive design and the future of mole advertising in particular. Especially coming from kind of a traditional broadcast background, I really understand advertising and I see a really great future for mobile advertising. That space is just so kind of new, so there's a space for innovation there. Larry:  I think I can take a few lessons from you and I certainly will. Here is a related question ‑‑ it's different, but why is it that you're an entrepreneur and what is it about entrepreneurship that makes you tick? Brandy:  Well you know, that's a good question, and the true entrepreneur for me is someone who has a need to create. So if you're working inside a company, kind of functioning as an entrepreneur, people that have those needs are really essential for innovation anywhere from a start up to a multi‑national company in my opinion. For me personally I guess I like to infuse them in doing things, or what I see as cool concepts, and then try to make the idea into a reality. Going from concept to company is really the true challenge and great ideas are everywhere but making them a reality is what really makes someone an entrepreneur. Lucy:  And so you just opened your company in May, you just closed an angel round, and along the way people have supported you in your career path as an entrepreneur. Can you tell us a little bit more of who is serving as your role models or mentors or have in the past? Brandy:  Over the course of my entire career I've had the really great support system of personal and professional people in my life, and great friends and families that have always been supportive of my ideas. I'm just one of those idea people. I'm always kind of coming up with something but I've also been surprised at how supportive the tech start up community has been particularly because I'm a female founder. It is always important for me that the product I've built be the main recognition, but it's also been awesome that so many groups have been interested in promoting female‑run companies. Lucy:  We like to hear that. Brandy:  Oh definitely. You guys in particular for sure. Lucy:  Absolutely. Larry:  It sounds like you've done a number of very interesting things. I can't help but ask, what is the toughest thing that you had to do during your career? Brandy:  You know that's another interesting question and I think if you haven't had a tough career then you probably haven't learned much, I would suspect, along the way. But creating this company, creating Buyvite was definitely the most challenging thing I've ever done professionally, but it's also been the best thing I've ever done. I'm currently in the midst of everything so I can't say what the end game will ultimately be for the company but it has been such an awesome experience so far that I recommend to anyone else that if you have the passion and expertise necessary to launch a venture, don't hold back from creating a company because the experience in itself would be worthwhile in the end. Lucy:  Along those lines, you're sitting here with a young person, you're talking to them about entrepreneurship. What advice would you give them past the place where they decide they're going to start a company, what specific advice might you give them about entrepreneurship? Brandy:  It's something that I get asked a lot and I would suspect a lot of people would say things like kind of go for it, but I would personally take a different approach. I would say get into a career first and build some experience then start your company, and I say that for many reasons. First of all, I know a huge trend especially with technology start‑ups is to give millions to recent college grads. Now it has paid off big time for a lot of investors, but how many along the way have failed ‑ not because the concept wasn't great but maybe because of execution. I'm not sure but I have met a lot of recent grads with great ideas but they have no idea how to run a business and what that means. So that's a gamble for both parties and I'm not saying that across the board for everyone. Certainly there are exceptions and it really depends on the person, but I know I could not have created my current company as a 22‑year old. So my advice is you need a solid understanding in business to really take a holistic approach to running a company. Just because you can code and have a good idea at the end of the day does not necessarily make you a CEO. So I think investors are always kind of searching for another Mark Zuckerburg when he was really one in a million and also at the right place at the right time. I would say to younger people right out of college, give yourself a few years to be able to intelligently answer things like what is a P and L sheet for example. Lucy:  Right. Exactly right and I think that that's an excellent point. There is a report and I'm sorry I can't remember the exact name of it but I'm sure if you went to the Kauffman Foundation website you would see it. It talks about the average age of successful entrepreneurs and it's a lot older than what I think the public view is. Reinforcing your point. Brandy:  That's right. Exactly. You know at the end of the day these things that we call start ups and companies, they really shouldn't be viewed as someone's baby. At the end of the day it's a business and that's where the investment should be made in the business for the long term. Larry:  Brandy, you know that's some great entrepreneurial advice and I don't think I've heard that for a long time at all. So what are your personal characteristics that what are the things that give you the advantage of being an entrepreneur? Brand:  Two things I think really give someone an advantage that is a successful entrepreneur may be, in my situation, would be not necessarily being afraid to fail, and having perspective, that's really critical to me personally. I've had a lot of people tell me they've had great ideas but they did not want to fail. Well I don't have a fear of failure and I see everything I do as a learning experience and I definitely enjoy the challenge. Now I'm not saying I'm fearless but having perspective is also key to being able to take risks. For example one of my colleges came to South by southwest with me to help promote our start up, and her company t‑shirt did not fit right. We were kind of heading out the door for an event and she was upset but we both looked at each other and started laughing at the kind of "First World Problem" of it all. Whining about your start‑up t‑shirt not sitting at South by Southwest really kind of brings perspective to your world. [laughter] Lucy:  Well, I hope her experience turned out OK. So you just started a company I know things are pretty crazy and it's going to be an exciting year for you. What kinds of things, shifting to the rest of your life outside Buyvite, what kinds of things do you do to bring balance into your life? And we put balance in parens these days because we get a lot of answers around "I have no balance" or "I'm totally unbalanced" so what kind of things do you to keep sane? Maybe that's a better way to ask this question. Larry:  Well, there you go. Brandy:  Well it's interesting not only kind of working full time essentially, more than full time and I do have children as well so that also obviously takes a lot of my life. But again, organization is critical. The philosophy of doing one thing per day to move your start‑up forward is also something that I've taken with me along the way, and see that as something really important to do even if it's just kind of an exhausted tweak. One thing everyday that has always been my philosophy but it really comes back again as a perspective for me ‑‑ we are so lucky to be even be able to start a company in this country that I think keeping a more global perspective really keeps me balanced. My background really kind of speaks of that. My mother's family is from Lebanon. They had to flee the country back at the turn of the last century because of persecutions. Here I am, two generations later, with nothing but opportunity available to me, especially as a woman. And then we just live a bit in a bubble here. My great grandfather was from Syria. I would say, "Well, what if I was living there now?" You know now, crazy. So a lot of people also ask me if I'm doing OK, working so hard, and I tell them that you know I not only love it but it's a privilege to have the education and professional experience that I've been given. Not everyone even in this country has the ability to go to college let alone get a masters degree and do a lot of cool things that I've been able to do. Lucy:  That's so well said and I really like this ‑ do one thing to move it ahead everyday and it's something I try to do with NCWIT because it's a start‑up in many ways and pretty time consuming. But if you do that with your family, if you do that with your job, your company, your non‑profit and then you also do it for your health, you know you make sure that you keep moving ahead one thing everyday. You just feel pretty good about that. Brandy:  Right, absolutely, definitely. Larry:  Wow that's super. Lucy:  So Brandy, you've already achieved quite a bit. What's next for you? Brandy:  I totally subscribe to a LEAN start‑up philosophy and I know that's really hot right now and everyone's kind of jumping on board with it but it's totally relevant to our product. Like I mentioned we just received an angel round of investment and are in the process of adding some very cool kinds of software as a service functionality that will essentially make Buyvite a group funder for retailers. In our minds retailers are missing out on a growing segment as payment vertical that is social commerce. The goal with our product is to give retailers that missing piece in their carts. Our API is really is seamless to any kind of checkout cart. Buyvite gives friends and family the ability to contribute individual funds to a single transaction, so like you mentioned, Lucy, it works well for group gifts, vacation rentals, all other travel costs really and especially event tickets. So these are the types of companies that we would like to work with. Larry:  Well with many relatives and a father of five, I like this Buyvite idea. Lucy:  I do too. I wish you all have been around when we had to be the chaperones on our son's soccer trips. Brandy:  Exactly. You know I talked to tons of different people and people immediately connect with the concept so we're excited about the future of the company and where we can take it. Lucy:  Well it's been great talking to you and the best of luck with Buyvite. We will tune in again with you and see how you're doing but I'm sure its going to be exceptional. Brandy:  Looking forward to it. Thank you. Larry:  We're really excited we're going to have this on w3w3.com and ncwit.org. See you soon. Lucy:  Thank you Brandy. Brandy:  Thank you. Bye‑bye. Lucy:  Bye‑bye. [music] Series: Entrepreneurial HeroesInterviewee: Brandy Alexander-WimberlyInterview Summary: Brandy Alexander-Wimberly says that creating Buyvite has been the most challenging and also the best thing that she has ever done professionally, and she reminds entrepreneurs that "if you haven't had a tough career, then you probably haven't learned much along the way." Release Date: August 1, 2012Interview Subject: Brandy Alexander-WimberlyInterviewer(s): Lucy Sanders, Larry NelsonDuration: 14:08

ceo women interview internet brand planning entrepreneurship south series kickstarter boy syria concept mark zuckerberg lebanon southwest women in business national center information technology samba release date interviewer whining first world problems reinforcing interviewees audio files clear channel wimberly kauffman foundation crowdfunder datetime brandy alexander larry nelson ncwit preflabel interview summary lucy sanders
Interview with Hilary DeCesare

Play Episode Listen Later Aug 1, 2012 19:12


Audio File:  Download MP3Transcript: Interview with Hilary DeCesare [music] Lucy Sanders: Hi, this is Lucy Sanders and I'm the CEO of the National Center for Women and Information Technology or NCWIT and we're back with another interview and a series of interviews that we've had with just tremendous women who have started technology companies. With me is Larry Nelson from w3w3.com. Hi Larry. Larry Nelson: Hi, Lucy, it is really great to be here. A lot of people ask what does w3w3 Business Stock radio do. Well we've been around for 14 years. So that was way back in the early days and we have partners like NCWIT certainly one of our most popular and most important to us. I must say that we're extremely proud to be able to help promote young women in technology. Lucy: Well we've got another great interview today as I've said. It's with Hillary DeCesare, who is the founder of Everloop which we're going to find out in a minute. It is just a terrific company for kids. So she is a digital parenting expert and a mother herself. She recognized the unmet need of a safe environment for children to share, to talk, to chat on the Internet. She came up with the idea of Everloop, an idea around privacy protection and mentoring technologies to ensure the safety of youngsters. This is a very comforting thought. I know Larry, you and I are both parents. So it's nice to know that something like Everloop is out there. Perhaps Hillary will tell us some about their innovative technology called loops, looping, how children join loops that they share common interests. They talk to each other and of course that is all with parental approval. So welcome Hillary. We are very happy to talk with you today. Hillary DeCesare: Thank you for having me. Lucy: So tell us a little bit about what's going on at Everloop. Hillary: Well as you mentioned, Everloop is a social media platform and it is designed for kids under 13. There is a huge craze going on out there where kids are using devices far earlier than even two year older children of today. So you've got kids as young as 5, 6, 7, going on their parents' smartphone, the iPads, desktops. What we're trying to do is make sure that when these kids finally go out into the wild wild Internet and they are exposed to adults, that they're ready to actually be there and that they're not making mistakes. So Everloop's purpose is to really keep these kids safe across all devices. Larry: Well I love it. Lucy: I know. It's great, isn't it? I'm sure that some of the companies' strategies will emerge as we talk to Hillary in this interview. Why don't you let our listeners know how you got first into technology? Hillary: I started in technology at a company called Oracle. I was there for 10 years and really became passionate about different products that are out on the market. I was hungry to learn about new things being brought up and I thought of my own children and I do have three kids. As my own kids became interested in technology, I thought, you know, I've got the background and yet I still feel that I'm not connected to my kids in their digital nomadship when they are out there really exploring. And I thought, well if that is happening to me as a parent, it must be happening to others. So two other moms and entrepreneurs, we decided to join forces and create a company that was really designed to as a mission, help with safe communication. I mentioned across multiple devices and it was really mobile devices were coming into play and desktop, giving them the ability to have kids feel safe. Because they ultimately want that too but also give parents a place that they can trust. And that's why we really created Everloop. Lucy: I like that phrase, digital nomadship. Larry: Yes. Hillary: Haha. That might be a new one. Larry: There you go. Lucy: Absolutely awesome. Larry: Hillary, you've got a family. You obviously are very busy. Why are you an entrepreneur? And what is it about entrepreneurship that makes you tick? Hillary: Well it's interesting because someone said last week "So you're a mompreneur?" I said, I really am because I believe so strongly in giving kids a voice, having them have a homebase, having them stay kids longer. I think that today's society makes kids grow up much faster than they need to. And there's always that desire as a tween, I've heard it statistically said that kids want to be 17. But the problem is that where we have technology now, taking this kids, they're getting to the place where it took us years and years and years to get. They can get to pictures, images, videos in five seconds by going online. So for me going into being an entrepreneur and having children, you have to take a step back and say how are you going to do it all? And that is really the question. How do you create balance in your life? And I felt so strongly about what I wanted to give my own children that I use them in my test cases. I use them as my focus group. I actually engage them in the company. Larry: That's super. Lucy: Now that is very cool. I believe that's the first time we have heard that. That's awesome. Along the way Hillary, who influenced or supported you to take this career path? Hillary: Well it was interesting because I have had the privilege of really being located in the Silicon Valley. I have had the change to meet truly the top people in the industry and when I worked at Oracle, got to know just some, you know, the creme de la creme of the men and the women. I saw what it took them to really be successful and to gain the respect and you know I talked about trust. You have to, and this is really important for any entrepreneur, when you're thinking about starting a business, you have to be able to identify with at least three people that you think can mentor you and be able to coach you. What was interesting is after Oracle, I actually started a business where for five years I have helped CEOs in the Valley put strategic frameworks around their business. And sometimes when you do things like this you think, well I've done this. I coach other people. Who's going to help me figure out next steps? What's interesting is that there is always more to learn. There's always comments and feedback that people can give you. People have experiences and you have to be so willing to throw out where you are in your company and what challenges you are having. People want to help other people if they're willing to listen. So I went ahead and found three absolutely incredible mentors. I ping them all the time and throw off questions. Sometimes these are 10 minute conversations and sometimes they are an hour. Larry: That's great and I hope you listeners out there heard that because it's a great thing to go after. Now with all the different things you've done. It already sounds you are a serial entrepreneur. What was the toughest thing that you've had to do in your career? Hillary: I think the toughest besides always having the pressure of being a mom right? Because that's my number one job. That's my number one love. That's my number one focus and everything. So besides the juggling of just really being there and I'm also a single mom. So you add the element of trying to be there for your kids. I think that what you always have to remember is that this is just a job. I mean that is ultimately what it is. It's a career choice and that's the key that I just said. It is a choice. You're doing this because you ultimately want to spend your time and your hours doing it. Sometimes what happens is that you can get caught up in wanting to have something be so successful that you lose sight of why you actually started to create it in the first place. I had the opportunity at one time specifically that I will talk about. I had a chance to merge the company with another and it all sounded great. But then when you started to look at the real terms behind it, it took me away from the core focus of what I had set out to accomplish initially. I believe that you will be successful if it goes with what you are passionate about. So it was a challenging time for me because there was a moment where I could have sold myself short. I chose not to and I chose to continue down the path what I truly believe in and where I believe that this company can go. But those were tough decisions. Lucy: Absolutely and it's a great transition to our next question. Around giving advice to young people about entrepreneurship, so it seems like one piece of advice you would clearly give them is keep your perspective. What other things would you advice them about? Hillary: I would absolutely say ideas can become big, way to big to even handle so focus, focus, focus. Really put together that one page on what are you hoping to accomplish? What are your milestones going to be? Because we lose sight. You're trying to go to that end game, you're trying to get to be that, the big picture. Where you have to appreciate the small things that you accomplish. So putting plans together and I'm dig on a 30 day plan, a 90 day plan. You have to be organized enough that when you hit those small successes, you stop and you take note and you say you know what? That was really good. I was able to accomplish this. Because if you don't, what happens is you spin and you spin and you spin and you don't think you're moving forward at all. You kind of just plateaued. But in reality you actually had. You've accomplished and you're getting closer to ultimately what you're trying to build, which is a successful company. Larry: That's very good advice. Now let me ask you a related question and that is: What are the personal characteristics that have made you a good entrepreneur? Hillary: The characteristics that an entrepreneur needs to have is one you need to have very thick skin. I mean you just have to have the ability to get knocked down and get up again. It's this idea that you've got your integrity. You've got what you initially started the business to be. But then you are also flexible. I see many entrepreneurs kind of get on their path. You can't deviate at all and especially if you're dealing with technology. Technology, you can't jam in your product. The square into the circle peg. You can't do it. Sometimes you have to be able to pivot. You have to be flexible enough to realize, you know what, this idea isn't that great of an idea anymore. But willing to say, but hey, maybe this other one is a really good idea. Lucy: And that's really evolutionary right? Which is a thing that we hear a lot in these interviews that things will emerge. So Hillary you mentioned your personal and your professional lives, what kinds of tips or techniques can you share that help you bring balance to the two of them? Hillary: That we're balanced...You know what if you really showed me someone who truly balanced their lives, please introduce them to me. Lucy: We don't know anybody. Larry: We don't. Hillary: I think it's a fallacy. I think what you can try to do is realize what's important in your life and look at it as a way to say as I'm doing right now. I don't feel as guilty when I know over the dinner table, I'm discussing a new concept or new direction with the company and I'm gaining the feedback of my own children. It's interesting, I once heard that you have your life and it's in the shape of a triangle and it's you. Your family, the last is your career and the right is kind of this whole understanding that the health around you, not just your family. I think it's almost the point where you have to schedule things into your life in order to get balance. It's as crazy as saying that for these two hours I'm going to schedule time with my family at dinner and I'm not going to do anything else. You have to actually make it into a meeting so that you know in your head, nothing else. Cos if you're in a meeting with people, right now, I'm talking to you but I'm not going off and doing other things. I'm completely focused on you. You have to do that with your children. You have to do that with your health. It's so important because if one of these pieces fail, it has the tendency to spin off into other areas as well. Larry: Wow that's also great advice. By the way, I love your website. It's really super, isn't it? Lucy: It really is. Hillary: Well thank you. I'm really proud of it. I think again, trying to be this trusted source for any parent out there and giving kids a homebase where they can just go and feel like yeah this is mine. This is my place. Larry: Yes that's very good. Now you've already achieved a great deal both personally and professionally. What's next for you? Hillary: OK, you're asking an entrepreneur what's next? Well I think that I'm passionate about the kids phase. I love everything about it. I'm so excited with new partnerships that I'm developing for Everloop. I get approached all the time with new technology and it just fascinates me on how we are spending our lives these days. How everything is just gammafied around you. How do you make people interested in doing things without having everything be about a reward system? You look at kids and I'm a mom that does it. Hey if you do this, you get this. But it's interesting because how far will we go? So when I look at where technology is shaping kids. I just read that kids are learning to use an iPad before they can even tie their shoes. This is fascinating to me! I think where I see myself is really uncovering those great technologies in the future that aren't detriments to a kids life but enhances. Larry: You know I think that's so true. I've heard that kids today are taking three months longer to learn how to walk. That's only because they've got to learn how to text first. Hillary: I agree with you. Lucy: But they can't text while walking. Hillary: Exactly but when you have my daughter who is 14 and she texts about a 100 texts a day. She can do it in about 30 seconds and I'm still the thumbs and trying to get my text. She will look at me and say "Are you still sending that one text?' She's just light years ahead of me. I laugh at my 11 year old when she says "Mommy, are you in this new app?' She knew Instagram months before I did. It was so great. She's now telling me " Have you seen this? Have you seen this? Are you playing draw something?' I love it because I sit down and I'm like OK again. She's educating me. Now how can I educate all the other parents in the world? Lucy: And that's why a one final tip right? Make sure your subject matter experts live with you. Hillary: You know what they are the domain experts. I just realize that right now, but make sure you're not disconnected with it. Make sure that you embrace it because it is their way of life. If you want to communicate with your kids going forward, it's not your way. It's their way or the highway. Lucy: It's really true. My son was very impressed with me last night when I sent a photo with a text message. Larry: Whoa, very good. Lucy: I know, I graduated. So Hillary, we can't let you go without asking about your recent appearance on Secret Millionaire. How was that? That's pretty cool. Hillary: Oh I have to say I have always been passionate about giving back. I felt a little hypocritical as I was sitting here on Everloop, letting kids join fabulous charities and hearing more about what kids love to volunteer and what they do if they had the ability to go out and actually make a huge difference. I was approached by this opportunity and initially I thought I'm not definitely into the reality world. I barely even watch TV. I thought more about it and the fact that I could uncover by being placed in a city that I'm unfamiliar with and uncover wonderful charities and be able to help them become known. All these unsung heroes that are doing amazing things. I thought you know what? This is such a great way now. We've taken one of the charities that I've uncovered when I was doing the show and this little boy who started a charity called Love in the Mirror when he was eight years old. He now has a loop on Everloop and he shares what he is doing in the community to help make it a better place. It all came together. It made me feel good. It made the people that are hearing about what we did feel good. The charities that I got to meet. I mean I'm still friends with every single one of them. It's one of those that you feel blessed where something fell into my lap that was just so outside the box for me. It proved to be one of the highlights of my life to date. Lucy: Well it was very compelling. I went and looked out on it on the web and I think it's the perfect way to end an interview because it just really defines you and Everloop and what people are using Everloop for. I know that your site has a page that lists the charities in case listeners are interested. Hillary: Well thank you for taking the time to talk with me and I love talking to you both. Hopefully we will be able to do this again soon. Lucy: Great I want to remind listeners again that they can find this interview at ncwit.org and... Larry: W3w3.com Lucy: All right, thank you Hillary. Larry: Thank you. Hillary: Take care. Bye-bye. [music] Series: Entrepreneurial HeroesInterviewee: Hilary DeCesareInterview Summary: As the mother of three young children, Hilary DeCesare recognized the unmet need for a safe environment for kids to connect online with friends, play games, share pictures and music, and learn new skills. With her children in mind, she created Everloop, a social media platform for kids under 13. Release Date: August 1, 2012Interview Subject: Hilary DeCesareInterviewer(s): Lucy Sanders, Larry NelsonDuration: 19:12

tv love ceo women interview internet technology silicon valley series valley ceos ipads mirror concept oracle women in tech national center information technology cos release date interviewer women in technology interviewees audio files secret millionaire datetime larry nelson larry you ncwit preflabel lucy it lucy so interview summary lucy sanders lucy all perhaps hillary
Interview with Genevieve Thiers

Play Episode Listen Later May 7, 2012 19:17


Audio File:  Download MP3Transcript:  An Interview with Genevieve Thiers Founder, ContactKarma and SitterCity.com Date: May 7, 2012 [intro music] Lucy Sanders:     Hi, this is Lucy Sanders, the CEO of NCWIT, the National Center for Women in Information Technology. This is another in our series of interviews with women who have started tech companies and we've got a great serial entrepreneur to talk to you today. With me is Larry Nelson W3W3.com. Hi, Larry. Larry Nelson:     It's a pleasure to be here and I'm looking forward to this very, very much. Lucy:             Well, we've got with us today Genevieve Thiers who is a serial entrepreneur in many spaces. In preparing for this interview, I learned quite a bit about a couple of marketplaces. For example, the need for childcare services. It's an 18 billion dollar market and projected to grow 39 billion by 2015. Genevieve, who was the founder of Sitter City recognized the importance of this marketplace and perhaps she will tell us more about it in this interview when she really set out to tap into it. Long story short, Sitter City, very successful. She has moved on to start another company called Contact Karma, which is really a B to B, business to business matchmaker of sorts, which really uses a combination of deals and recommendations and trusted contacts to match business users with service providers. Genevieve has been recognized nationally. We are very happy to have you here today, Genevieve, to be talking to us. Welcome. Genevieve Thiers: Well, thanks for having me. Lucy:             So why don't you tell us just a little bit about what's going on at Contact Karma and if you want to throw any other stories about Sitter City, we'd love to hear them, too. Genevieve:    Sure. Well, one of the great things going on right now is that Chicago is undergoing a tech renaissance really. It's very exciting. I don't know if you guys have been keeping tabs on Chicago's tech entrepreneur scene but we have a number of groups here who have been very staunch advocates of the space. Particularly the CEC. It's just been really exciting. They've recently launched this wonderful new co-working space in Chicago called 1871. It's something like 300, 400 companies all in one spot. All tech companies, all in that early disruptive phase. So as you can imagine I'm in heaven.  I actually have a couple of things I'm co-founding right now, mostly with new, emergent women entrepreneurs. So, it's been a real unique thing to springboard into from my Sitter City experience. Lucy:             We've heard Chicago is quite the hotbed and we have had several interviews now with women tech entrepreneurs from Chicago. Genevieve, can you tell us a little bit about how you first got into technology. You are a serial entrepreneur. It sounds like that's continuing. How did you first get interested and what do you think are the particularly interesting technologies today? Genevieve:        Well, frankly, how I got involved in technology is a pretty funny story. It was a complete and total accident. I was an English and Music major in college and trained primarily most of my life in opera since the age of 11. I'm primarily a performer which is very interesting. I fell into tech. I was sitting in my college dorm room my senior year of college in the year 2000. I remember I saw this nine months pregnant mother climbing up 200 steps, posting fliers for babysitters. It was too early for me to go to opera school, my voice wasn't quite ready. Your voice usually matures around the age of 30 and I was in my early 20's. I thought, "Oh gosh, here is something else I could do. I could create a solution to this problem. Why isn't someone taking all the caregivers in the city or the nation and put them all in one place where you can easily find them? But more importantly, just quickly screen them?" So that is what sittercity.com became. It's America's first and largest network to connect parents with caregivers nationwide. We have millions of caregivers in five different divisions: child care, pet care, senior care, home care and tutoring. Lucy:             It's been quite the success and everybody has been checked out, credentials and so on and so forth. Genevieve:        We believe that if you are a mom bringing a caregiver into your home, you should be the one to screen them. That's a common sense thing I think a lot of people miss but I am the oldest of seven kids so I was a baby sitter and nanny my whole life. It's really quick to check a caregiver. There is a four step process. You quickly check their references. You do a quick interview. There is usually a background check process, and parents might leave a review. It's a very simple process. It doesn't have to be complicated. Sitter City is quite neat because it allows the sitters to actually run the background check on themselves and it gets posted in their profile for you to see. It's all right there. There's no waiting. There's no 24 hour turnaround time. It's instant access to what you need. Lucy:             OK. Cool. Larry:            Yeah, very cool. What technologies do you think are cool today? Genevieve:        Oh gosh, what technologies do I think are not cool? Basically, anything that has to do with women in tech. Personally, I like technologies that solve women's problems, particularly problems for moms. Four months ago, I had identical twins, Ari and Leo Ratner, with my husband, Dan Ratner, and they are just adorable. It's amazing how much my own product has just saved my life. I hired this absolutely amazing baby nurse through Sitter City, and she is [laughs] the reason that I'm standing. I'd be on the floor without her. I like solutions that women entrepreneurs tackle to solve issues for other women or other moms. Lucy:             Let's sing an NCWIT song. Larry:            Boy, I'll say. Lucy:             Absolutely. Genevieve, tell us why you're an entrepreneur. You gave us a little bit of the history of the story about how you first started to think about Sitter City. Why, in general, are you an entrepreneur? What do you like about being an entrepreneur? Genevieve:        First of all, there's nothing not to like. It's a crazy roller coaster ride. You're constantly challenging yourself to the utmost. Yeah, it's got real down moments, but it's got some absolutely amazing highs. I think I became an entrepreneur by accident, but then later I began to realize, really, it's the perfect role for me. Did you know that the root of the word entrepreneur actually used to mean an opera impresario? Lucy:             Is that right? Is that...  [crosstalk] Genevieve:        It used to refer to an opera producer. Lucy:             My goodness. Larry:            Why would you know that? [laughter] Genevieve:        I know that because I'm an opera singer. I just thought, initially, that I would create a company so that I'd have more money for singing, frankly. I didn't want to wait tables, that sort of thing. It turned out to be much, much bigger than that. I'm an accidental entrepreneur, really. I thought, hey, I'll just build this thing. It's just a solution to a problem, and it turned out to just be gigantic, because it was a solution to an enormous problem that women had all over the world. Yeah, it's been a fun ride. Larry:            That's fantastic. Now, along the way, who are some of the people who supported you, really helped you get on your way, and your role models or your mentors? Genevieve:        My main mentor has been my husband, Dan Ratner, who has created a number of companies before he even met me. It's a funny story, too, because I was actually online on match.com researching it, because Sitter City is very similar to the online dating service model. I needed to study the model, and that's where we met. [laughter] Genevieve:        He's so cute. He's had several other companies before he even met me. Then he joined forces with me in 2005 to run Sitter City, which was awesome. He was helping from the beginning. I had a very small site in the beginning that I paid a couple of college friends to build. It started breaking right away, and Dan was right there to fix it every time, so he's been there from the very beginning, working alongside me. That's been wonderful. There's so many organizations in Chicago that are immensely helpful. Like I mentioned, the CEC is just incredible, and I can't wait to be in 1871. I'm actually going to be there with a desk, alongside founding entrepreneurs and other established ones, like myself. Also, the Women's Business Development Center here is great, the I2A Fund. Sitter City just stumbled across these really wonderful organizations as we've moved along. Particularly, what I'm proud of, too, is that we have some wonderful investors, all of whom are dead, I might mention. [laughs] [laughter] Genevieve:        [inaudible 08:35] Capital, Latex Capital, New World, and Baird. You get venture partners, all very wonderful firms, and great, great guys. It's really good to have them on the board. Lucy:             Along the way, as you started Sitter City and also Contact Karma, you said there had been highs, and there had been lows. Tell us about one of the toughest things you've had to do in your career. Genevieve:        Mainly the toughest period I faced with Sitter City was that, in the beginning, I was launching it in the middle of the dot-com crash, and I was literally left out of rooms. I couldn't get the investors to understand it, because they'd never babysat, so I kept hearing, "My wife handles that." I kept thinking, "Gosh, get her in here." [laughs] "She'd understand." This is big. I just, at that point, kept going and built it myself because I was in the middle of the dot-com crash and not even really realizing. I just went ahead and built it myself because I realized that there was an incredible need. The moms I was talking loved it, it was just the investors I had the challenge with. It's funny, companies that built out of challenges, I find, Contact Karma, which is my latest company, is this really neat fusion of the Yelp business model, the review model, and a deal site. What we've done is, we've applied review the deals to the phase. If you're looking for a lawyer, or an accountant, or a bookkeeper, or any kind of vendor, you can go to the Contact Karma website, and you can put that in. We'll send you, within 24 hours, recommendations for our top three recommended vendors. It's not based on what we think, it's based on who else in the Chicago entrepreneurial field has used them and liked them. Then we'll give you a deal as well, so you're saving money, but you know you can trust the vendor. That company came out of an intense need to really just find vendors that weren't going to tank the business situation you're in. That came out of an intense need to basically make sure that vendors, that companies you're using when they're just getting started, don't essentially tank the company. Start-up costs for new companies are very high and we've been able to prove so far, you we can get those down to at least 70 percent of what they used to be, probably 60 percent, by the time we're done. That's exciting to me in addition to the fact that less start-ups will be having wipe-outs because they hired the wrong vendor, and blew a whole bunch of money and don't have any left to try again. Lucy:             That's a great point and I want to return a moment to the point about Sitter City being bootstrapped. I think it's, again, a good reminder that companies are started in all different ways, and bootstrap is a great alternative in some situations. Larry:            Yeah, in many situations. Lucy:             In many situations. Larry:            Yeah, you bet. Now, Genevieve, if you were, right now, sitting at a table, or a desk, and there was a young person who was looking into entrepreneurship, what advice would you give them? Genevieve:        I've got a number of things that I think are really important. The first, most important thing, that I would say to an entrepreneur just getting started is, "There are no problems. There are just sticky situations, waiting for resolutions." [laughter] Genevieve:        Problems can't exist for you if you're an entrepreneur, insurmountable ones. You have to see them as opportunities to solve something. It's just interesting. I see a lot of entrepreneurs who think, "I have to solve this problem." They go out and they get all fired up, and then two days later, they give up because somebody poked some holes in it. You can't see holes. You just have to keep rolling right over them and stay focused on your vision, because there's very little out there that people will actually pay for. Once you find something that they will pay for, and you've got a narrow enough niche that you are extrapolating that from, you really can't lose. I have a couple other things I'm always saying. "Keep it simple and stupid. Don't make it complicated at all. Do something that you're familiar with." Those are more traditional pieces of advice, however. Lucy:             Keeping it simple is important. People over-complicate things all the time. Genevieve:        Oh my goodness, all you have to do is make sure that it's OK and out the door. [laughter] Larry:            Yeah. Genevieve:        You don't need anything in a start-up to ever be perfect. Lucy:             Absolutely. Well, along the same lines as the previous question, what personal characteristics do you have that you think give you an advantage as an entrepreneur? Genevieve:        To be honest, you have to have blinders on. [laughs] You have to be that person who's willing to just go running into the field, charging with a flag above your head, with a battle cry. That's not usually the smartest person in the pack, I'll tell you that right now. [laughs] It's usually the dumbest, but, dumb but brave is a good thing. Not really thinking too much about stuff, just hurling yourself into it, is good. I think I had a particularly interesting situation, in that I've never taken a business class in my life. I came out in the middle of the worst dot-com crash, the worst recession really, since the latest one that we've had. I didn't even know we were in a recession. I didn't really know what a recession was. I was [inaudible 13:49] . [laughter] Genevieve:        It was funny. I was just an idiot savant. I [inaudible 13:56] and I just kept going off and building it, and it worked, but stress on the idiot part, because it was just something I thought I would do. It was a hobby. That's a good characteristic, the ability to just run with blinders on and not get knocked over by problems coming at you from every side. Also, in my case, I found that being a performer really helped. The more that you get in front of people and perform and evangelize, whether it be yourself, or a song you're singing, or a product, the better you get at it. It's kind of an art. You really do have a challenge when you create a new web tech company because I tend to create things that haven't been done before. Fusions that haven't been done. You have a real challenge getting people to actually do it. It's really hard. You've got to chase them down in supermarkets. [laughter] Genevieve:        You've got to do crazy guerilla tactics just to get their attention. I like that. I get a kick out of that, maybe because of the opera training. You can't be afraid to be in front of people and get right in front of them and tell them about what you're doing and talk them into doing it. Larry:            Yeah. Lucy:             That's interesting. The person who has the flag, running out ahead, charge. I think sometimes we call that courage. [laughter] Genevieve:        Well, yes. Larry:            It's been called other things, too. Genevieve:        Or stupidity. Lucy:             Yeah. I think it's really, really true. The thing you're talking about. You can't get the whole, you just have to keep going. Larry:            Yep, you betcha. Wow. Now with all of the things that you've been through, I think it's really interesting and neat that you're starting this other company and everything else. How do you bring balance into your personal and your professional lives? Genevieve:        One of the interesting things I'm finding, and this was not really deliberate, but it has definitely occurred and it's exciting, is that what I'm building is helping me save time in my life. If you talk to any new mom, the one thing she wants more than anything in the world is time. It's a pretty desperate commodity for most of us. Through Sitter City I found this amazing baby nurse and suddenly I have lots of time. So much time that I'm actually co-founding multiple companies now with new, emerging women tech entrepreneurs in Chicago. That's really exciting. Conjit Cuervo, which is one of the new companies I'm working on, also saves time. One of the things that we do is we have a top ten list of vendors for starting your business, for example. Across these top 10 vendors that we've found, in everything from website design to incorporation to logo creation to your opening document suite that you need for a new company, we've been able to bring the cost of creating a new company down to 70 percent of what it once was. We're also able to save you time. Imagine how much time it takes the average entrepreneur pounding the phones, talking to people. It can take them days or weeks to find a vendor and suddenly they go to event and stumble across a friend and that friend knows somebody, but it's pure serendipity. I like imposing order on those processes so that I can save time. [laughter] Genevieve:        More time means more time with my husband and my kids. Larry:            There you go. Lucy:             It's great that you can have businesses that integrate so nicely between your personal and your professional life. Genevieve:        Absolutely and the next two that I've got integrate as well. It's very exciting. There's a mentality I find, particularly among the women tech entrepreneurs that I work with, pure organization. That's really refreshed. It's the ability to not only run a company, but in some cases I've seen them running multiple departments, families, personal lives, artistic lives all alongside each other. It's neat. We're very good at organizing. We might as well try to put that into companies. It's a great skill. Lucy:             It reinforces something that we really believe at Nancy Witt, that women's creativity really does inform technology products and services. Genevieve:        Absolutely. Lucy:             I think that it's important to see that instantiated in what's out there. It's very, very inspiring. Genevieve, what's next for you? You've achieved so much and it sounds like you've got more tricks up your sleeve. Genevieve:        To be honest, I'm just playing. I really came straight out of college into what became Sitter City. Sitter City, today, is just amazing. Not only do we have our subscription service, but we have a corporate program, which is absolutely wonderful in companies like Avon and Mastercard and Monsurowide and the whole U.S. Department of Defense, for example, use Sitter City's corporate programs to, basically, connect their employees with care. That's been incredible. The next phase is international expansion. All of that is just amazing. I never really had a lot of downtime to play around and figure out who I was. I have sung opera professionally, or semi-professionally, in Chicago here and there and kept that up. I'm in this interesting spot where I'm just having a lot of fun. The twins are wonderful. [laughter] Genevieve:        That was just an amazing thing to meet them and go through that. Now I'm co-founding a couple of things that help promote new emerging women in tech and I'm auditioning and I'm singing in concerts. I'm just having a blast. Lucy:             [laughs] Sounds that way. Larry:            Yeah. Genevieve:        I love this time with my family and with myself. Lucy:             Well, that's just really awesome and very inspiring to talk to you. Larry:            It sure is. Lucy:             To know that you're there in Chicago, and elsewhere, and making such a big difference. Thank you so much, Genevieve. I want to remind listeners that they can find this interview at w3w3.com and also ncwit.org. Larry:            Yeah. Lucy:             Thank you, Larry. Larry:            Thank you, Genevieve. Genevieve:        Thank you. [outro music]     Series: Entrepreneurial HeroesInterviewee: Genevieve Thiers Interview Summary: Genevieve created her first company, Sittercity.com, because she recognized a need for an online space where working mothers could go to find reliable caregivers for their children. A similar concept helped her to develop her newest company, Contact Karma, an online company that strives to match the consumer with a vendor that meets their specific needs. The advice that Genevieve has for aspiring entrepreneurs is that it is important to remember "There are no problems, there are just sticky situations waiting for solutions." Release Date: May 7, 2012Interview Subject: Genevieve ThiersInterviewer(s): Lucy Sanders, Larry NelsonDuration: 19:17

america music ceo women chicago english interview defense series capital boy karma concept personally new world yelp women in tech mastercard national center information technology gosh avon release date baird interviewer cec interviewees audio files fusions datetime business development center sittercity larry nelson ncwit genevieve thiers preflabel interview summary lucy sanders
Interview with Talia Mashiach

Play Episode Listen Later Apr 23, 2012 21:58


Audio File:  Download MP3Transcript:  An Interview with Talia Mashiach CEO and Founder, Eved Date: April 23, 2012 Lucy Sanders:     Hi. This is Lucy Sanders and I'm the CEO of The National Center for Women and Information Technology or NCWIT. And with me today is Larry Nelson from w3w3.com. Hi, Larry. Larry Nelson:     Hi there. I'm really happy to be here again. This is a great series. And the women technologists and entrepreneurs I think are just fabulous. Lucy:             We've had some great stories. And today's going to be no exception. Today we're interviewing Talia Mashiach, the CEO and Founder of Eved, an online meeting and event marketplace. Eved connects buyers and suppliers -- it's all very cool -- in the meeting and event industry through an easy-to-use online platform which I understand was created through some years of professional services. And then they kind of created a secret sauce and created an online platform to help people who have events and people who supply events. I was reading online that this can help reduce event spend by as much as 25 percent which is something we could use at NCWIT, I have to tell you. Larry:            [laughs] Yeah. Lucy:             We have meetings all over the country and we're definitely going to check Eved out. So Talia is a recognized entrepreneur. She's been inducted into the Chicagoland Entrepreneurship Hall of Fame as well as being named one of the Winning Women by Ernst and Young. So we're really excited to talk with Talia today. Welcome, Talia. Tell us what's going on at Eved. Talia Mashiach:   Thank you very much. I'm really excited to be here. We've had a lot of excitement going on in the last year. As you've mentioned, we launched our online meeting event marketplace first in January 2012 and have continued to get great traction on it. We measure our success based on a number of transactions. Our goal is to move the $263 billion market that's transacting offline, online through Eved. And we did about $7.5 million in transactions last year... Lucy:             Wow. Talia:            ...for the full year. And we're already at over $5.5 million for the first three months of this year. And we're really fortunate to do a really nice infusion of capital and get support of some really great VC's. And so the company's on a very exciting path. And it's very intense and fun and challenging. Lucy:             Well, it sounds like great growth for a new company. Larry:            Boy, I'll say. Lucy:             Well, you know the event business is tough business and so anything that helps and saves money I'm sure will be quite popular. Larry:            Yeah. Years ago when we had a business where we did a lot of events, I wish we had known you. [laughing] Lucy:             Absolutely. So Talia, tell us a bit how you first got into technology and as you look into your crystal ball, what technologies do you think will be particularly important in the future? Talia:            You know I always loved business. And especially my passion is around automating business processes. I was exposed to technology back in 2000 when I launched a company called techcloseouts.com. And this was like way back when people didn't really have much in websites, certainly not e-commerce. That was all just beginning to start. And what I did was I sold overstock computers from Dell to small businesses. And what I was doing was I was taking those orders by phone and then faxing the orders into the warehouse. I was moving it around and trying to manage all the clients. And I just thought there needed to be another way to do that that would be so much faster. And I said, OK, why don't I build a website that can automate this entire process so that I have the inventory from Dell even before it ships. And my customers can go and see it, they can order it, and then it can ship directly from Dell to the warehouse to the customer. And then I don't have to sit and pick up the phone and go back and forth with all these things. And that was kind of the starting point where I said I have to turn this into something on the web where I was exposed to technology. I've been in it ever since. I think you know what's really cool today around technology and one of the things I see is that I think the future is going to be around cloud collaboration, certainly around business software. I think it needs to start looking and feeling a lot more like the applications that people are used to using in their daily lives, like Facebook or LinkedIn. And businesses use email. They use it for everything. And it's completely overused and not even used in the way that it was originally intended. So just like you used to have to email your pictures, like to 10 different friends from your vacation and then it would sit in everybody's email and take up everybody's space and they'd all keep it in their email accounts. And then you have Facebook. You post your pictures once online and you invite your friends who can see them. And they all get to see them. And it's in one place and you can collaborate in that one place. So that's what we're really doing it at Eved. We're really focused on that collaboration, you know, as a business application for the event space. Specifically a good example of that is that we have a product called Private Networks. That's the ability for the meeting planners to manage their suppliers in a similar way. So they can kind of create a directory so the suppliers go in and they create their profile. They manage a beautiful profile just one time. And the buyers just go in and invite their suppliers to be in their private network. They just accept an invitation and it appears there. And then there's all this collaboration that goes on. If there's a change in contact information or they need to change products or they need to change anything else, the supplier just changes it once. And it updates, obviously, for all of their buyers. So it's just some really cool stuff that I think will continue in the cloud collaboration space around business technology. Larry:            That's really fascinating. Once again, I wish we'd known you years ago. [laughing] Larry:            Now, here's a two-part question. Why are you an entrepreneur? And then what is it about entrepreneurship that makes you tick? Talia:            Well, I think that entrepreneurs have some common traits that make us really different from most people. Larry:            [laughs] Talia:            First of all, I think we love to problem-solve. The harder the challenge, the more excited and motivated we get. I think that we're very goal-oriented and driven to succeed. And when most people would give up and, you know, stop climbing that mountain, the successful entrepreneurs that you read about are the ones that persevered, that just kept going. No one was able to stop them. When 50 people said no, they looked to the 51st person and kept going. I think that is incredibly unique. I also think that we like to create things from nothing. So we're builders. It is, you know, probably the challenge around building something is what we really like. It's that giving something life that didn't exist is an incredible fulfillment. And I think that, you know, your life and your work, your career take up a tremendous amount of time in your life and you need to spend it doing things that you love. And so I love to build and grow companies. I think I have a lot of these traits that make up the entrepreneur and make us a little different than everyone else. I think that's why I'm an entrepreneur. Larry:            Excellent. Lucy:             Well, that's a great definition of entrepreneurship. Larry:            Boy, I'll say. Lucy:             And along your path, who influenced you? What types of mentors? What kinds of things can you say around what prompted you to become an entrepreneur? Talia:            I don't think I'm very old at 35. But when I was in college there wasn't all this excitement around entrepreneurship. There weren't classes, at least that I was aware of. It wasn't like everyone said, oh, I'm going to become an entrepreneur. I see so much of that now today. So I don't think I ever thought of myself...although I used to tinkle with lots of different little businesses when I was younger...I never thought when I was younger that I want to grow up to be an entrepreneur and I want to go start companies. What I knew I did was I loved business. And I went to business school. I had a family very young. It was really important to me to be able to be home and to raise my kids. And so I started a company because I wanted to do something that gave me a little bit more flexibility and allowed me to be home with my kids. So out of college, I was at home with my kids, but I was still looking for something else. You know, you have that drive, that passion, all those things I mentioned before, that you want to do. But yet I didn't want to go put 18 hours into a job and not have any time with my children. So I think it just kind of naturally happened when I had this extra time to say, OK, then what am I going to do? And then it sort of just grew from there. You know, obviously now the place where we're at today and growing a large company is not quite a small business out of my house because as entrepreneurs do, we like to keep building and we like to keep growing. And we never stop. But that was sort of my starting point. And I don't think I originally ever set out to do. I had a number of different mentors and role models that helped shape my path. I think that most entrepreneurs will say, maybe the older ones, I don't know that I was ever going to say I would be an entrepreneur. But there were certain things that shaped me to get me there. And a lot of that had to do with people that influenced you. So Ed Chen was one of my very first clients in my last company, a service company. That was really my first real large company. And you know the biggest thing was that he gave me a chance and believed in me. And you never forget that. You never forget that first person who you need to be able to give you that chance until you can prove yourself. And I'd also say Michael Farrow, a tech entrepreneur in Chicago that has built some successful companies and now really works in leadership and involved in entrepreneurs. He really was the one who said I know you like your lifestyle business but you've got the ability to really go build a big technology success story. And he really pushed me just to take that leap and do it. I'd also say my father has been a great role model. And I probably migrate to other entrepreneurs who have experienced what I have yet to experience so that I can learn from them and that share similar values to me. Like the values of building a great company where you feel like you've really built something wonderful. And because of that you have great profits. Larry:            M-hmm. Wow. Lucy:             Wow. You know those stories of encouragement are so important. I know listeners have heard that before...the power of encouragement to spark peoples' careers. It's really, really important. Larry:            Yeah, for sure. I have a feeling you're going to be a mentor to a number of people. Lucy:             I think so...probably already. Larry:            Yeah. Talia:            Yeah. I do spend a lot of my time...well I shouldn't say a lot...the time that I do have outside my five children and building a company...I do try to spend some time with entrepreneurs who are where I was because I am so grateful for all the entrepreneurs that are ahead of me and that spend time with me. Larry:            Wow. Yeah, I've got a lot of empathy for you. We have five children also. Talia:            Oh wow! Larry:            With all the stuff you've been through, what is the toughest thing that you've had to do, in your career? Talia:            I'd probably put two different categories. Probably the biggest thing was risking every dollar I had. It was based on believing in myself, that I would succeed. When you get to that point where you've really got to put it all on the line, you've got to really look at yourself and say, "Can I do this?" I had four kids, and I had a mortgage and everything else. I just said, "I can do this", and that was really hard. That was probably the toughest thing, to just take the leap and go do it. As far as from a business standpoint, I think the toughest thing that happened is when you have to go tell a client, or anyone that for whatever you set yourself up to do, that you didn't reach those expectations. Whether it was a service that you were supposed to deliver, whether it was delivering a result, profitable result, or sales result for investors, or anything. I think it's that overall, we set such high expectations for ourselves, as entrepreneurs. We want to deliver on those, and we're probably our harshest critics. The hardest thing is when, for whatever reason, you don't deliver. Larry:            Yeah. Lucy:             That is true. I learned that at Bell Labs. I also learned that if you were honest with the client as soon as you knew, and told them what was going on, 90 percent of the time they understood and they worked with you. It's really difficult to tell them that, I agree with that. Talia, if you were sitting here today with a young person and you were giving them advice about entrepreneurship, what would you tell them? Talia:            I would tell them that they should really find something that they absolutely love, then ask themselves to honestly take a look and say "Am I willing to persevere, and take all the risks that it's going to take to get to the goal?" I think that we hear a lot of these glorious stories, and it's great, there are a lot of opportunities out there. But the ones that succeed are the ones that do take those risks and do persevere. Not everybody can do that, and it's important to understand that that's what it's going to take, and know those expectations, that work ethic, that never giving up. I'd tell them to really think about that. The only way that you are going to be able to do what it takes, through all those sleepless nights, and all those worries and everything else, is because you love what you do. If you don't love it, you're not going to be able to take all those risks and have all those challenges, in order to make that happen. I think that that mountain is really high and you have to keep climbing it, and sometimes that top looks so far away, but if you really believe in yourself and you love it, then you can get there. I would also tell them that I think it's important to make sure that they understand what their personal goals in life are. Why do you want to be an entrepreneur? Why do you want to create a company? Is it for money? Is it for flexibility? Is it for fulfillment? Is it for enjoyment? That you could build something? What is it? Then just remember why you're doing it as you go down your path. I think the path takes you in different ways, and you want to make sure you pick that path that gets you to the reason why you did it to begin with. Larry:            Talia, you have really said a number of different things, and given us some great advice. You've touched on my next question, and that is, what are your personal characteristics that you think have given you the advantages of being an entrepreneur? Talia:            The number one thing I think that you need is passion. I've never met a successful entrepreneur that wasn't passionate. Even when I look at people who are successful for passion. I also think it takes leadership skills. It's not just about having a great idea, it's about leading your team to actually create that vision, to make it happen. Work ethic, as I mentioned before. It is incredibly hard, a lot of work and a lot of focus to build a company and to make it successful. You've got to be willing to be that person who works. You've got to be able to work hard at it. I think you've got to have confidence in yourself, you've got to believe in yourself. Not arrogance, but confidence that you can do it. There's so many times where everybody's going to tell you you can't. If you don't believe in yourself, then no one else will believe in you. I think that I'm lucky to have the support of my family. I don't know that I could do it without that. It takes a tremendous amount of time and energy, and you need the people around you to be able to support you in that. I also think one of the things that actually helps me as an entrepreneur, is that I think I'm very human. I have five kids to go home to, that need their mom. That keeps you really, really grounded. When you're going through all kinds of things, when you're in the media, when people want to talk to you. All that stuff doesn't really matter that much when you're really grounded. I think the kids really do that for me. I think being a likeable person is important. People have to want to help you. You're not going to be able to do this on your own. If people like you, and they want to help you, then you're going to get the support that you need. And I think that the last two things would be the ability to motivate others to be better than what they ever thought they could be. Because it takes being better than you ever thought you could be to build something. And you need to be able to motivate them to do that and motivate everyone around you. And lastly, I think you need to be a person that in which you can get other people to believe in you. Because there are going to be a lot of times where they're going to have to take a leap of faith. Whether it's your first client, whether it's your suppliers, whether it's a bank, whether it's investors, whether it's your own family. And you've got to be able to convince them to believe in you which obviously starts with believing in yourself. Lucy:             Great advice. Great advice. I think that this last thing that you mentioned around others must believe in you and take a leap of faith is so tied to leadership, as well. You're not a leader if there's no one there to follow. You mentioned your family and you mentioned how they make you more human. How do you actually bring that balance to your personal and your work lives? Talia:            It's a challenge, all the time. I speak with other women...You know, as women we're just a little bit unique because we don't want to give up our roles at home. Even if we have husbands that maybe would be willing to stay home, we still want to be the mom. We want to make sure that we can manage the home. And so we just have a tremendous amount of responsibility and it's an ongoing challenge to just try and balance where you can be there for your kids and you can be there for everyone in your company. We say it's one of your families and your other family. What I try to do is, for me, my family, my husband, my kids are really the most important thing to me and that is very grounding as well. Because when everything happens in your company and things go as they always do, at the end of the day you say, you know what? I've got my family and that's what really matters. It kind of just relaxes you quite a bit when you realize what's truly important. I love spending time with my kids, I enjoy that. What I've done is I actually try to work out a schedule that I can see them off to school two days a week and then be home with them when they get home the other two days. I'll leave at 6:45 in the morning twice a week but I'll be home by 4:30 and then the other two days I'll leave at 9:00 but then I'll come home very late. It's things like that. Or just try to do once a week where I'm out later with clients and then one breakfast a week. So it's really everyone at both sides so it's my family understanding what my schedule is. And that's really what it is, they know that there's schedules and there's expectations and everyone's good with that. And the office, they know what my schedule is and when I'm going to be here. That seems to be really huge in helping me to be able to balance everybody that needs quite a bit of time from me. But it's tough and I continue to look at different tips to do that. I actually have "Twitter" account "CEOMOM5" where I try to put tips around different things I do as a mom that makes me more efficient. And then what I do as an entrepreneur and what I've learned as an entrepreneur. Lucy:             I looked at that. I thought it was a very interesting mix of information. Talia:            Probably only could come from a woman CEO. Lucy:             But I thought it was great. And I thought it pointed out what I've thought to be true for quite some time. There really is some integration between your family and your business. Not to say that you're not spending time with one or the other but that everybody knows what's going on. Larry:            And by the way, Lucy lives that, too. That's great. Lucy:             Although my babies are 29 and 25. Larry:            They're babies as far as I'm concerned. Talia, you have done so much and I can feel your energy. You've achieved a lot already. What's next for you? Talia:            I really want to build "Eved" into a great company. As a market leader in the event market space. This space, this industry. is a manual, fragmented, 263 billion dollar industry that is transacting everything off-line. I want to be someone who's part of that leadership to bring the market on-line, and to truly create event commerce which really doesn't necessarily happen today. My goal is to really take "Eved" to an IPO and build it to a great company. I think the reason for that is I feel like I can. I feel like I do it and that's exciting for me. In my near future, I'm really focused around Eved and learning a tremendous amount along the journey and enjoying it as a lot of my friends who've had the opportunity to be able to build companies from scratch and take them to an exit. They always tell me that it is really the journey that was most fulfilling and exciting. And the end is good but they always look back at the journey. And while they were on the journey, they were so focused on getting to the exit that they didn't even get a chance to enjoy that journey. So, I'm really trying to enjoy the journey as we go down this exciting path. Lucy:             Well, best of luck to you. I mean, what a great business to be in. And it so reinforces what you were interested in your early days on automated business processes. It's great that you have a company like that. Larry:            Super. Lucy:             Well, thank you so much for talking to us. Talia:            Thank you very much. Lucy:             I just wanted to remind listeners they can find this interview at w3w3.com and ncwit.org Larry:            That's a fact. We are really looking forward to it. Thanks very much, Talia. Talia:            Thank you. [music]     Series: Entrepreneurial HeroesInterviewee: Talia MashiachInterview Summary: Inspired by her love for business and technology, Talia Mashiach was driven to develop Eved, an online meeting and event services marketplace that is revolutionizing the event services industry. Talia has said about entrepreneurs as a group: "We are builders...Giving life to something that didn’t exist is an incredible fulfillment." This passion explains why Eved is such a success. Release Date: April 23, 2012Interview Subject: Talia MashiachInterviewer(s): Lucy Sanders, Larry NelsonDuration: 21:57

ceo women founders chicago interview work giving young hall of fame fame series boy concept vc ipo ernst national center information technology release date interviewer interviewees bell labs audio files mashiach datetime winning women eved larry nelson ncwit preflabel interview summary lucy sanders
Interview with Michelle Zatlyn

Play Episode Listen Later Mar 12, 2012 21:37


Audio File:  Download MP3Transcript: An Interview with Michelle Zatlyn  Co-founder and Head of User Experience, CloudFlare Date: March 12, 2012   [music] Lucy:  Hi, this is Lucy Sanders and I'm the CEO of the National Center for Women in Information Technology or NCWIT and our listeners know that we host series of interviews with women who have started technology companies, great entrepreneurs with wonderful wisdom and advice. With me is Larry Nelson, w3w3.com. Hi Larry. Larry:  I'm happy to be here, this sounds like a very interesting interview. Lucy:  We'll I'm excited, OK, because today we're interviewing Michelle Zatlin the co founder and head of user experience at CloudFlare and I took time to really go look at the CloudFlare site because I wasn't aware of it and I went and looked and I was so intrigued with this company and I'm sure our listeners will want to go and take a look. It's really off to a fast start. I say it's quite an accomplishment to be named the most innovative network and Internet technology company of 2011 by the Wall Street Journal. That is a huge accomplishment and congratulations on that, and I think we'll let Michelle explain a little about it about CloudFlare but I do want to say something about it. It's an infrastructure based business that is really making performance and security and access to the kinds of features that websites need much more accessible to all types of websites and not just the high end websites that can afford some of this type of infrastructure. Websites become part of a CloudFlare community and then their web traffic is routed through this I think is a top secret members only intelligent global network and Michelle is going to tell us much more about that. Welcome, Michelle Michelle:  Thank you Lucy, you did a great job I don't know what else I can add after that, that was perfect. I'm glad you got all that from our website. Lucy:  I like that idea it's members only, you know it's my kind of thing. Why don't you give us a bit of an update about what's going on over at CloudFlare? Michelle:  Naturally, CloudFlare is a performance and security service, so we make websites faster and safer for websites all over the world. At first glance sometimes people are don't think that's very interesting but if you think about yourself or when you're on the Internet and you surfing through a website and you go a certain website like Google or Facebook and it loads really quickly, you stay a lot longer . Then you go to another website and maybe it takes a lot longer to load, you find yourself leaving and so for extra hundred milliseconds it takes the site to load, you lose 2% of your visitors. That's a really big problem for website owners, it's like how can I make sure my site is fast for my visitors and you know there have been services that have been in the market place for a long time that really service enterprise members with, let's say, ten thousand websites online, the biggest websites online. But, you know, the Internet is made up of 250 million websites around the world from blogs, to businesses, to national governments, and all. There are all these sorts of presences online and you know, when we started to build CloudFlare it was how can we make a service that can make speed and security accessible to the entire Internet? And so that's what we've done. We launched to the public about a year and a half ago, so we've been live for 15 months, and we basically went from very little traffic through our network around the world to now we make the Internet faster, safer, for more than 430 million web surfers every single month. Lucy:  Wow! Michelle:  That's a really big number Larry:  [laughing] Yeah, I'll say. Michelle:  If we were independent website we would be the fifth largest website on the Internet. We'd be more traffic than Amazon, Wikipedia, Twitter, AOL and Bing combined. And so the scale we've grown in the last year and a half, it's really hard to grasp, and I just think it really speaks to that there are so many people running websites and there's just was not a service before that made security and performance accessible. We thought to change that at CloudFlare and we've done an OK job so far. Lucy:  I say more than, more than OK. It's really really interesting and I would encourage all of our listeners to go check it out. I love your tag line, give us five minutes and we'll super charge your website. Larry:  [laughing] Yeah. Lucy:  [laughing] Just five minutes! So Michelle, this is really a high tech company, you're one of the co founders, why don't you tell us a bit about how you first got into technology. What technologies are particularly interesting to you today? Michelle:  Well, you know, I didn't have a master plan all along to get into technology. It just kind of happened, you know I worked in different industries. I was a scientist by training. I did a chemistry degree and then I worked in finance. I really got exposed to technology with a friend that I met who was an entrepreneur and kind of opened up my eyes to technology. I'm a really curious person and I love learning, and I just really kind of fell in love with it. I kept finding these opportunities that would present themselves and I kept kind of pursuing it, so I went from science to finance to technology where I've been ever since. So you know, for people out there that think I like the idea of technology whether it's I really love using Facebook or really love using Google or I love using different websites to generate other services or however you incorporate technology in your life. If you didn't know a lot about it before, you can still get into the industry as long as you're willing to learn. That's what happened to me. And today I mean I feel like there are so many interesting technologies going on. I just think my own life. Twitter totally changed the way I can fume information that I get news and that I have conversations online. It's amazing how this service can create these really strong connections with people I don't even know and you can have these conversations. And so that's for me personally, even for our business, from CloudFlare's perspective. It's been an incredible enabler to help us grow as quickly as we have over the last year and a half. I mean Twitter has been an amazing source for us to for people find out about us, to help us solve our user's issues that may come up or answer any questions. So I think Twitter is really really interesting. And then I think about something like Hulu which is really like an online entertainment website and it's totally changed the time that I spend on entertainment in terms of when and where I may watch TV shows or movies. Before you had to have a TV and get cable and you'd have to have you know you've got to set your TV player and DVR and you have to watch shows at certain time. Basically with Hulu you can get all the latest shows when you want it, whenever you want based on your Internet access. But now I only like to watch shows that are on Hulu and anything else I just I don't even see because I just the way I can consume it and I can do it on my time and it doesn't have to necessarily start at 8:00 or 8:30. If I want to start at 8:25 or whatever time, I can just do it on my time and it's been pretty amazing. And of course there is something like Drop Box which changes the way you share information whether it's with colleagues or with your family members. All these sorts of things that make these that used to be kind of hard, really easy, I mean those are just three examples but the list is very long. Lucy:  Well, I was intrigued with your example of Twitter and how you use it in the company for customer service because, I've been thinking more about that lately, because I have friends when they lose luggage, they complain on Twitter and they get a call back. You know, it's amazing. They don't get a call back, but they actually get a response. So I think that Twitter is an amazing customer service channel. Michelle:  It really is. I mean again ,business do their best to typically to try and deliver a great customer experience but sometimes you fall short and as a business you want to hear about that, tell me when I fall short so I can help fix it. And part of it is that if you're on Twitter you can just immediately send a message and get a response back. It's very powerful but it's just not when there are issues. It also enables people to talk about your service, it's like wow. In my case, I just added this website to CloudFlare and I can already feel that it's faster. And you kind of expressed that and you have people listening to what you're saying. It will resolve kind of like, I have a website and I want it to be faster, let me go find out more about this CloudFlare service. And so for customer services in terms of these one on one contacts it's been really powerful, but then also just people discovering the service is also really powerful. Lucy:  That's a great point. Larry:  It is, you know you mentioned that you didn't get into technology with a master plan behind it. How did you become an entrepreneur and what is it about entrepreneurship that makes you tick? Michelle:  I always think of this kind of like a lot of roles are either you're actors or you're advisers and for me it's like I get such a thrill. It's so self exhilarating being able to be part of the team that creates the service, makes the product. The actual making of things, I love that. I love bringing things together, sometimes you don't control the resources to make something happen. I mean that's what I strive to do. Entrepreneurship you do a lot of that. So then, a lot of times you start with nothing and you have to create all these sorts of things a long the time. Whether you're creating teams, you're creating material, you're creating products for your customers and you're kind of learning as you go, but being part of that, that energy to bring it all to fruition    I love it, it's very exhilarating. Larry:  Yeah, I love it too, yeah. Lucy:  Along that path of entrepreneurship, what kinds of influences did you have, you know people or event or who or what influenced you along this entrepreneurship path? Michelle:  Yeah, it wasn't this one defining moment, it was many defining moments over the course of my life and you know I'm only 32 so I still have a lot of life ahead of me. I remember thinking in high school and I grew up    I'm Canadian, I grew up in a very small city, in the prairies, where I didn't really know what entrepreneurship meant. But I remember in high school I played on all the competitive sports teams, that really showed me the value of perseverance and hard work and being dedicated to something, and you couldn't give up, that your team depended on you and leadership. You know, all those sorts of qualities that are important in entrepreneurship. And then I remember at university, meeting a really good friend of mine who exposed me to sometimes using emotion in decision making is really an asset and before I met her, I didn't really think about that. And you know, sometimes you do need to use your emotions when you're making decisions. And the emotional intelligence, people have different buzz words for it, it can be really powerful. And then early on in my career when I was working in finance and then I met this entrepreneur who was a tech entrepreneur, again he doesn't describe himself as a tech entrepreneur, but he was, He has been a serial entrepreneur and everything with him was just like of course we can do that, this is how I would do it, yes, everything was yes this is we do it, and it was so liberating, I loved that and I need to be a part of that. And that was really where it kind of opened eyes up, that you can create opportunity, you can create things, you can go out and create your own path, you don't always have to follow someone else's path, so I feel lucky to have these different role models throughout my life. Lucy:  I think that issue about "Yes", a culture of "Yes," we don't hear that enough, but I think it's really really important, because so many people shut conversations down before they ever get a chance to be explored? Michelle:  I definitely agree. Because opportunities present themselves all the time and people are their own of course enemy sometimes, and they said no I can't do it because it's too risky, or like financially, or what will my friends say. Nothing is as easy, everything has ups and downs, but if you are really passionate and seek your interest then you should go for it, and pursue these opportunities, because great things can really happen. Lucy:  You may be are only 32 years but you are very wise, I think you can always move from a "Yes" to a "No" ,and that's much harder than to move from a "No" to "Yes". Larry:  That's a fact. With all the things you have done and what are you doing right now, what is the toughest thing you have had to do in your career? Michelle:  There have been many, but if I have to pick one, CloudFlare is an infrastructure company. We run 14 data centers around the world, and we have very heavy technology, but I am not a technical co founder. Since I started this very technical company, which I knew about website performance and security, which I was not an expert on when I started as a non technical co founder    that was really hard, because those first three months where we were really early building the product and the most important thing that matters is coding. So we can actually get somebody to try it, see if it actually works. And I couldn't code. You obviously try and do some research, and try and talk to people, the value I added really early on, I constantly was second guessing myself like, "Shit, I'm on the team, am I actually adding value, am I the right co founder for this team?" And so those first three months when we started, it was just the three of us, and the other two co owners were very technical, that was really mentally challenging. I was trying to say wow like, you feel like you hold the responsibility to your other business partners to put as much in as they are, and I just feel like I was missing this core skill set, I just physically couldn't. So instead, I had to spend a lot of my time learning. I was a sponge. Every time I heard a word I didn't understand, I looked it up. I was constantly reading, I had a whole list of definitions that I would keep track of. And now three years later I am certainly a subject matter expert, and I wasn't three years ago. So for people who are non technical but want to build a technical company, you can, you definitely can. You need to pick your partners wisely, and you have to want to learn it, to be thirsty for information, but if you are, you can certainly play an essential part in the company. Lucy:  We hereby grant you a degree in computer science, [laughter] .... Larry:  Yeah, here you go... Lucy:  An honorary degree, that's awesome... Michelle:  Oh, thank you, thank you. Lucy:  That's a great story. In addition to don't be afraid to learn, get out there and create your culture of "Yes", what other advice you give a person considering starting their own company? Michelle:  I would say two others, there are so many but two others are I think important that sometimes are overlooked is, big problems are often easier to solve than small problems, because some of these incremental changes on technology, that's OK, but it turns out it's much harder to recruit people to come join your team, or it's harder to get funding, if your idea is just an incremental change on what already exists. But if you go after a really big audacious goal    like for us, ours was to rebuild the Internet, and at first when we tell people, some people laugh at us, and we said, no, no, just watch. We are on our way to doing that. And there are other people, who are just, "That's amazing. I want to be a part of that." Google's initial mission of "I want to organize the world's information," that's a huge goal and when they started it 13 years ago people thought that was silly, but that's what they've really done. And so don't be scared to dream big, because often the big you will find the people who are attracted to the same idea, and will search to assemble the resources to actually make it happen. Obviously on day one you don't execute it, and you lay the plans to get there. But by dreaming big, you start to attract the resources you need. Another one to keep in mind is, choose your partners wisely, either business partners or life partners, and so, when you start a company where you are a co founder, you really need to trust one another. You will go through lots of highs and lots of downs, and it will be very lonely, and it's challenging and there are moments when it's just like, why I am doing this? But when you have one or two or three other people who are also doing it with you and you know they're not going anywhere you feel responsibility for them and to yourself to keep going and that's how you get through those tough times. And same at home. You're working long hours. You're very consumed with your business or your idea or your passion and if you're coming home to somebody as a life partner you have to make sure that they're your biggest champion and biggest advocate and are rooting for your success. When you're an entrepreneur and you have a company your family and even your friends are kind of honorary cofounders too because they're in it. It affects them whether they're there every day or not. And people who are your big supporters make a huge difference. Larry:  Wow, that's great advice. Now I probably know the answer to this question already but what personal characteristics do you think you have been given that have given you the advantage of being an entrepreneur? Michelle:  If I can do it, anyone can do it. [laughter] Michelle:  Again, if you feel like you want to start a company you should totally do it. And these are some of the things that I think benefited me and it's going to be different for everybody else. I'm a sponge. I love learning. I'm really curious. If I don't know about something I want to learn about it. I don't need to maybe become like the expert on the subject but I want to learn enough to have a conversation about it. And that's really valuable when you're an entrepreneur because you end up doing a lot of different things and you might be working with a lot of different people. So that willingness to learn is really important. And then perseverance. Again, it's changing industries, starting something in a subject matter that I wasn't an expert on. You just kind of have to keep pushing forward. And I always use the visualization just move the ball forward. If you're moving the ball forward then you're moving in the right direction. Larry:  Good. Lucy:  Along those lines when you were mentioning that your life partners are honorary cofounders, what other advice do you have around bringing balance between personal and professional lives? Michelle:  It's really hard. I've been working on CloudFlare for three years and it really is a high priority. Especially when you start to expand your team and hire other people who leave other jobs to come and join you in your vision you feel a huge responsibility to make it successful. But it's important to still have time for yourself. And with your life partner whether it's a husband or a boyfriend or fiancé and then your extended family and friends. Again, you work a lot but there are some times where you just need to disconnect. And that means not checking    again, with Smartphone it's so easy to check what's going on all the time and that's a huge asset. But then there are some times you should just leave it, even if it's for an hour or two hours and you go for a dinner and you don't check it at the dinner table. That sounds so silly. But it can be really hard when there's just so much going on in the early stages of a company to just leave the Smartphone at home and go out either on a date or you're out at a dinner or whatever. You definitely need to. For me I try to exercise a couple of times a week. And whether that's go for a run outside or go to a yoga class or play a game of tennis outside, just something because again if you're not taking care of your body and your mind it's hard to be really productive at work. Eating healthy, sleeping a lot. Really simple things but for me it's I try and sleep because if I can't sleep I can't function then I'm useless at work and with my personal life. And then when I am with my personal life I try and shut off my phone and I try and focus on the person I'm with. So if that means if I can only be with them for an hour so that hour I'll make a commitment and then say, "OK, I have to go now," versus say, "OK let's hang out all afternoon," but then I'll be on my phone every other minute. That's not very fun either. It's hard but it's really important to have those friends and family that you spend time with them and to keep up those relationships. It really is important. But I'm not going to lie, it's really hard. [laughter] Lucy:  That's the truth. Larry:  You've got it. You've already achieved a great deal and I'm really proud for you. What's next for you? Michelle:  We want to rebuild the Internet. The Internet's amazing. Anybody with an idea or a voice or a business idea can put it online. I think that whole notion of the Internet is connecting us around the world is incredible. But the Internet was built 30 years ago and there were some inefficiencies built in. So we see us going forward as patching the Internet. Fixing all the inefficiencies so we can make the Internet a faster, safer, better place for everyone. So people can continue to go there and put their business online, their voices online in the easiest possible manner. So when we look ahead we just want to keep growing and fixing, patching the Internet. Larry:  That's excellent. Lucy:  Putting the thumb in the dike. [laughs] Larry:  There you go. Lucy:  That's awesome. Well thank you so much, Michelle, this has been really interesting. And good luck to you and CloudFlare. You've probably gotten a new customer here with our sites. [laughs] Michelle:  That would be great. We'd love to have you as a customer. Lucy:  Wonderful. Thank you so much. I want to remind listeners that they can find us at NCWIT.org and also at w3w3.com. Larry:  You bet you. We'll have it in our blog and our podcast directory too. Lucy:  All right. Thank you very much Michelle. Michelle:  Thank you. [music] Series: Entrepreneurial HeroesInterviewee: Michelle ZatlynInterview Summary: Most people can hardly find the time to eat or sleep in this fast paced world, let alone find the time to wait for a webpage to download. This time crunch that many people are under these days explains the fact that "for every extra hundred milliseconds it takes a site to load, 2% of that site's visitors will be lost," as stated by Michelle in an interview. This is exactly why she co-founded CloudFlare, a service that decreases bandwidth usage, increases site speed, and stops malicious attacks, making for a faster and safer website. Release Date: March 12, 2012Interview Subject: Michelle ZatlynInterviewer(s): Lucy Sanders, Larry NelsonDuration: 21:37

tv ceo women amazon head google interview internet canadian putting entrepreneurship eating series wall street journal shit hulu wikipedia smartphones naturally concept fixing websites dropbox bing aol national center information technology user experience release date interviewer cloudflare dvr interviewees audio files datetime michelle zatlyn larry nelson ncwit preflabel interview summary lucy sanders
Interview with Celia Francis

Play Episode Listen Later Feb 27, 2012 23:01


Audio File:  Download MP3Transcript: An Interview with Celia Francis  CEO, WeeWorld Date: February 27, 2012 Lucy Sanders:  Hi. This is Lucy Sanders. I'm the CEO of NCWIT, the National Center for Woman and Information Technology, and this is one in a series of interviews that we do with women who lead or who have founded great technology companies. The purpose of which is to ask them for their very best entrepreneurial advice. With me is Larry Nelson, w3w3.com. Hello, Larry. Larry Nelson:  Hi, I'm happy to be here. Hello, Lucy. Lucy:  Well, Larry is an entrepreneur himself. So, this is all interesting, I think, to you, as well. Today we're interviewing Celia Francis, who is the CEO of WeeWorld, and she's an entrepreneur with a wealth of experience leading innovative mobile and Internet companies. WeeWorld is amazing. I encourage all of our listeners to go and look at WeeWorld. Celia joined when just seven employees from the very beginning. If you go to their site and look, you see they have this collection of really distinctive online social games and mobile applications. Youth or anybody can really participate in things like drawing contests, or other games, even philanthropic activities online and really find their digital or virtual identity. Interesting to our listeners as well, I think people associate gaming mostly with men, but that's not the case. Women make up more than half of all social gamers, so all gaming companies are starting to really take notice of the things that Celia has been pioneering in terms of social gaming and girls' and women's participation in gaming. We are thrilled to have you here today, Celia. I can't wait to hear from you about entrepreneurship. Celia Francis:  Thank You. Lucy:  Why don't you give us a little bit about what's going on at WeeWorld. Wait a minute. I forgot to say something that I absolutely have to say. The people who habitate WeeWorld are WeeMees. Larry:  Oh, WeeMees. Lucy:  I love it. There are like, I don't know what, 50 million I saw, from the site. Larry:  Wow. Lucy:  What are the WeeMees doing these days? Celia:  Well, WeeMees have found a home on WeeWorld, which is a social network for tweens and teens. We're one of the top 10 sites for that age group in the United States. They spend their time socializing and playing games, and expressing themselves and being creative. We really are focused on an idea of personalized entertainment, with the idea of thinking about ways that you could get more people in that age group involved in design and creativity and self‑expression. So, we have quite a number of different, fun applications on the site that allow you to do that. We've also taken the WeeMees over to the mobile world. So, very shortly, actually, we'll be able to access WeeWorld.com from any web browser on a mobile device. You currently can get the number one avatar creator on both iOS and Android. It's called the WeeMee Avatar Creator. Lucy:  Awesome. Celia:  That's very popular. Top 100 app. You can also get a number of other fun, creative apps from WeeWorld.com, if go to the app store. Lucy:  Well, it seems like you have a really fun job. Larry:  [laughs] Yeah. Celia:  Yeah. It is quite fun. I get to look at all kinds of cool animations all day, and talk about how to make the site more fun. So, it is good fun. Lucy:  Why don't you tell our listeners how you first got into technology, and in particular perhaps gaming, and maybe what you see as trends in technology, trends in gaming. Celia:  Well, I would say that actually my story starts out from when I was a kid. I have a mom who is actually German. As a kid, growing up as a first generation American, I used to hear her complaining as I was growing up about how all the American products were not high quality and were not beautiful, and broke, and how she wished she had more long‑lasting beautiful products from Germany. So, I felt quite a sense of nationalistic pride. [laughter] Celia:  I think that started me out on my journey of wanting to create great products for consumers. I spend then a lot of my educational time thinking about design as well as technology. I managed to find my way, after studying product development and a fun job at Compaq computers, doing new product development, and inventing, and in fact even patenting a variety of new products and features. Grew up from there in the valley as well as now in London doing a variety of both web and mobile products for the consumer. It's been a fun journey. It's been particularly exciting. I think what makes me really excited about being involved in innovation and creating new things is this idea of millions of people touching and playing with and enjoying the things that I've been a part of inventing or designing, or getting to the market. It's just something really exciting when I'm standing in line, and I see someone playing with one of my apps. Larry:  [laughs] Celia:  I just love that. Lucy:  That is awesome. Larry:  That is. Celia:  Yeah. Lucy:  Yeah, it seems like the whole area of social gaming is just booming. Do you want to pull out your crystal ball and tell us what's down the road there? Celia:  Yeah, absolutely. Well, I speak at conferences quite a lot. I spoke recently in Hamburg at a conference. I talked a little bit about the transition from web to mobile. What's interesting there is, this is the first year in history where there are more minutes spent per day on a mobile device than on a web‑connected PC or laptop or what have you. I think that that transition is happening incredibly quickly. I think also the transition from a lot of the game‑specific devices. I can see that with my own kids, how they all have DSs, and of course having a mom who makes games means that they're the kids who get everything. The Wii, and the TS, and the "this" and the "that." But all of a sudden, this is the year where now they want my iPad and they want my iPhone, or they want to grab somebody else's smartphone, because there's just so much for them to play with on those, and there's always something new. So, that transition is happening, also incredibly quickly. For me, I feel like I've got to work hard to make sure that...of course there are millions of people who enjoy our web browser game, you call it a girls' MMO. That we make sure it's available on a mobile device in that if you come into it using your iPad or Kindle Fire, what have you, whatever you're using, that it's going to work well, but then also that we have a good line‑up of native apps for iOS and for Android. Android is getting lots and lots of growth, but I think, for us, it seems like the iOS devices are still a better place to monetize. But, that could change in the future, so we're working on both of those platforms. It's also interesting, I think you talked earlier about girls verses boys. It is still a world out there where I spend a lot of time with a lot of guys who are working on games that are very appealing to guys of whatever age. But you are seeing a definite new group of people who are thinking about games for adult women or games for younger women as well. It's quite fun to be a part of that trend as well, especially as a woman and also as a mother of a young daughter, who I get to have test my various games. Lucy:  I bet you have all the kids in the neighborhood over at your house. [laughs] Larry:  Yeah. Celia:  Yeah, it's funny, because the other mothers accuse me, because they say, "Oh, your son." I have a son as well, and the kid who always tests every new thing that comes out. Because I'm like, "Max, tell me what you think of this." In the process, he ends up being the guy who starts the trends on what everyone is playing at school, so the mothers always blame me. [laughs] Lucy:  [laughs] You villain. Larry:  Yeah, isn't that terrible. Well, anyhow. Celia, I have to ask this question. What is it that made you become an entrepreneur, and what is about entrepreneurship that makes you tick? Celia:  Well, building a business is a little bit like building a product. I guess on some level, you're creating something from an idea. There's something very exciting about creating something out of nothing. I think, obviously, in the case of a product, it's something very specific, but in the case of a business it's all about thinking about the vision for what you want to do to impact beyond a single product. It's about creating a great team and a great culture. I think there's something much more vital about the daily struggle to survive and to grow. It's definitely harder than being part of a company that's got years and years and years of success with a very proven "something something" that you're working on, and you're just part of keeping it going. There is the initial experience of building up that flywheel and getting the momentum is something that's a lot harder, but it's good fun. Lucy:  Along this path, this entrepreneurial path, who supported you? Who do you believe had some of the strongest influence? You mentioned your mother, and the beauty of German design. Who else do you think influenced you to become an entrepreneur? Celia:  Let's see. I think about that in a number of different ways. I guess I worked in my career for a number of excellent business leaders. I could start naming them, but I don't know if I want to embarrass them all. [laughs] All of the men, actually, who taught me a lot about what it takes to focus a team on a goal, and present ideas clearly, and mentor people and coach people, and grow a business. But, I think at the same time, most of those guys were people who were inside some of the bigger companies that I worked for. The inspiration, probably to become an entrepreneur comes maybe out the water, of living in the valley. I lived in the valley for a number of years, and worked there on building up a couple of small businesses, a couple of start‑ups. Also, I just spent so much time in that ecosystem. There's something about how almost everyone works for a start‑up, and how you meet incredibly cool entrepreneurs every day, that you pick up a little bit of something from everyone, I think. So that's definitely a great place to pick up the whole culture of entrepreneurship, is if you've lived there and spent time building companies there, you just pick it up by being a part of the scene. Larry:  With all the different things you've been doing over the years and different companies you've worked for, and now, of course, with WeeWorld, what's the toughest thing that you've had to do in your career? Celia:  It's really hard to say. There's always a new challenge. I feel like that's what's quite fun actually about entrepreneurship, is that there's always something that's a challenge or that's tough that you're working. I always find it quite difficult sometimes when you're growing a company, especially a smaller company, as you move from trying something maybe that didn't work and then you try something else because you got a better idea, and that process of "pivoting" ‑‑ that's one of the jargon words that people use in entrepreneurship. But you often have a situation where you have started off with the right people but maybe find that you need a slightly different crew. I get quite attached sometimes to the people that are part of my crew, let's say, and I have had the experience of having to ask people who've been great contributors and done a great job and there's absolutely nothing wrong with what they're doing, to leave the company because they're not the right person anymore. I think that's always, to me, one of the toughest experiences. It's something that happens, I'm sure, to lots of entrepreneurs. I think the other pieces that have been interesting for me that have been tough has been going from a stage of development from my own personal experience of having a really deep career in marketing and product innovation and development, to going from that to being essentially the finance person. It's a really different set of tools. [laughs] From being a creative leadership type person to being a fiscally prudent "I understand every financial metric" person, and I've gone through that transition, and that was a tough transition but certainly one that I'm quite proud of. Lucy:  I feel your pain on that. I went from being an R&D Vice President to being the CEO of a non‑profit. [laughs] Celia:  Yeah, it's interesting to be in a position where all of a sudden you have to really understand every detail of what drives your revenue and every detail of what drives your cost and making sure that they line up month to month. Lucy:  Yeah, it really is. I have to say that it certainly is rewarding when you get to the other side of building those skills, as you mentioned, something that you're quite proud of and you should be. That's like a reinvention of yourself. Celia:  Definitely was one of the best days of my career to be able to wake up and say, "I've built a cash‑flow positive company with 60 people in it, from nothing." Lucy:  Awesome. Celia:  Well, it definitely is a great feeling of accomplishment. Lucy:  If I can frame a bit of advice from that last conversation it's, certainly as a CEO or founder of company or as an early participant in a company, you're going to be asked to do a lot of different things. And reinvention of your skill set is something not to be concerned with and you just have to do it and get through it. Other advice you might have for people thinking about being an entrepreneur? Celia:  Well, it's interesting because before I decided to do this thing I had two offers. I had the offer to be the CEO of what was then a nascent company or to go and run an unnamed, very large, very well‑known Internet company in Europe that was already established. I got advice from someone who said, "Don't do the small thing, you're crazy. [laughs] Don't do it." I guess it's one of those things where I would say, certainly go for it if you've got the passion and you've got the enthusiasm for an idea and you feel passionate about wanting to see that become a reality in the world, definitely go for it. But just make sure you have really clear expectations for what you're getting into because it's going to be a lot of hard work. Probably way harder work than you have to do if you're working in a big company, no matter what your job. You're going to have to be very hardy in terms of your ability to have something fail or not work out, and not take it personally and just move on and keep trying stuff until it gets to the place where it's working. If you don't feel like you can take that, because I've talked to a lot of people who have tried it and it's interesting how many guys and girls I've talked to who've been doing it who say, "God. I used to wake up in the middle of the night and feel sick to my stomach." You have to have some good mental toughness, I think, to be able to get through the hard times because there's always going to be a problem that is often not somebody else's ultimate responsibility but is really your responsibility that you have to figure out how to solve. I don't mean to discourage anyone but I think it's one of the ultimate challenges and if it's something that you feel as a person you want to take on, then this is the way to prove yourself, really, is become an entrepreneur and build something in the world that impacts a huge number of people. I just say go for it, but at the same time be sure that you're for it because it's harder. But it can also be some fantastic amazingly exhilarating fun when you've built something that millions of people enjoy, and you've got revenues coming in and people are saying, "Yeah. Cool. Good stuff" It's also great, great fun on that side. Lucy:  I like that word, "Hardy." Larry:  Yes. Lucy:  I don't believe we've heard that before but I think it's perfect. Larry:  It's perfect. It's right. With all the things you've told us so far, how would you characterize your personal characteristics that have given you the advantage of being an entrepreneur? Lucy:  She's hardy. [laughter] Celia:  Hardy. I think you have to be hardy, you have to be able to stay calm under pressure, you've got to have an eye for good products and what's going to work and what's not going to work. Make sure you pick things that are worth working on because you've usually got a smaller team and you've got to pick well. You've got to have an ability to attract people and get people who are far, far more talented than you involved in working for you. I've certainly felt that the people who are working on my team are in many ways far more talented in certain areas that I am, so I think that's something that you've got to have as an advantage as an entrepreneur, is the ability to attract talent and ‑ yeah. Just keeping calm. Lucy:  I know. Before you said that, I was thinking to myself, "She's very calm." [laughter] Larry:  Yes. This is the first one that we've had that's hardy and calm. Lucy:  I love it. You are very calming, for sure. You mentioned that you have a daughter and a son, so the next question is around your professional life and your personal life and how do you make sense of them. I hate to use the word "balance" but I'm going to use it, how do you balance them? Perhaps understanding there's no such thing as balance, but what tips do you have around having both a personal life and a professional life? Celia:  Well, you have to be able to compartmentalize, and that's the sort of jargon... I hate using jargon. You have to be able to say, "Are you working now, or are not working?" It's difficult because when you have something that's so fully engaging as building a company, it can be difficult to even have a moment where you're not thinking about it. And yet, if you don't find a way to actually be present when you're with your family, it's not good for you, not good for your kids, so I have to put a lot of energy into, if I'm with my kids, really being with them and really listening to them and really paying attention to them and really getting fully engaged in whatever fun things that they're doing or wanting to show you. I think obviously it helps to have some structure around your day, to say X time to X time is time where I'm with my kids, X time to X time is time when I'm with my husband. But it's not always easy. There's days where it depends on the schedule and the school year and so on, but there's days where I'm working at home and the kids also happen to be home. Even though I have somebody who helps us full time, I still find it quite tricky if I can actually hear my kids. [laughter] Larry:  There you go. Lucy:  And you want to know, "What are they up to?" Celia:  Yeah. It's much easier if you can find a way to voice that same speech thing and then really physically separate the time that you're doing one thing or the other. I think of my experience and time with my kids in some ways as also another amazing, creative project, and I try to spend quite a little bit of time brainstorming all of the things I want to do with them or discuss with them, and I've got my own separate project list with my kids. It's another great love, and anyone, obviously, who's been a parent understands that. Lucy:  Well, you know when they get older you're going to start worrying when you don't hear them. [laughter] Celia:  Yeah, I'm sure. Larry:  We'll have to cover that one off‑line though. Celia, here you are, the CEO of WeeWorld. You've done a great deal, had many experiences. What's up next for you? Celia:  I don't know. I don't know what's up next for me. There's lots of things that inspire me and there's things that I'm currently thinking of getting involved with, extra curricularly. Actually some of them are non‑profit businesses that interest me, but there's other companies that are interesting to me. I'm going to re‑rope what I'm doing right now and I see myself doing it in the foreseeable future. But I'm definitely a person who, if let loose, would probably work on five other new ideas at the same time. I just have to keep myself from it for now. Lucy:  It sounds like you have a lot going on. Larry:  That was a hardy answer. Celia:  There's a lot of fun stuff out there in the world. Lucy:  Truly, there is. Well, Celia, thank you so much. We really enjoyed talking to you and we will be hosting this on our website ncwit.org and Larry will have it hosted on w3w3.com. Larry:  You betcha. We'll reach over to England, too. Lucy:  Yes, absolutely. Thank you, Celia. Larry:  Thank you. Celia:  You're very welcome. Thank you. Series: Entrepreneurial HeroesInterviewee: Celia FrancisInterview Summary: Celia has a passion for product development and she has said that there is nothing more exciting and rewarding than "creating something out of nothing." Her inspiration resulted in the creation of the incredibly successful online social network WeeWorld, targeted towards teens and tweens, as an outlet for them to express themselves and bond with one another. Release Date: February 27, 2012Interview Subject: Celia FrancisInterviewer(s): Lucy Sanders, Larry NelsonDuration: 23:00

god united states ceo women american europe interview internet england woman germany german iphone youth pc series android ios ipads concept hamburg hardy grew national center information technology wii mmo ts release date interviewer interviewees audio files dss compaq kindle fire datetime larry nelson ncwit preflabel interview summary lucy sanders
Interview with Sandy Jen

Play Episode Listen Later Jan 16, 2012 24:56


Audio File:  Download MP3Transcript: An Interview with Sandy Jen Co-founder and CTO, Meebo Date: January 16, 2012 [Intro music] Lucy Sanders: Hi. This is Lucy Sanders, the CEO of the National Center for Women and Information Technology, or NCWIT, and with me is Larry Nelson from w3w3.com. Larry, hi. Larry Nelson: Hi. I'm so happy to be here. This is a great series. It has a tremendous impact on young women, parents, bosses, and we're very excited. Lucy: We're not going to disappoint listeners. We're going to have a great interview today with Sandy Jen, who's the co-founder and CTO, that's chief technology officer of Meebo. Meebo is a great company and we have interviewed somebody from there before, Eileen Wherry. We had just a great time talking with her so we needed to go back around and catch up with Sandy. Here's this great tag line that I've heard used with Meebo. It's "together is better." That's a great tag line because Meebo integrates all social networks and communication channels into a very simple single solution so that it makes all those different channels a whole lot easier to use. I was poking around on Tech Crunch, Larry, and found out that-- probably these numbers have gotten even higher since I did it in November-- you have 250 million Unique's a month. Wow! That's astonishing growth. Here's some other stats: now delivering 5.4 billion page views a month, up from 2.8 billion a year ago. Larry: That's a "B"? Lucy: A "B". Larry: Wow! Sandy Jen: That's a "B". [laughs] Lucy: That's a "B". Sandy leads engineering as the CTO, of course, and builds the team responsible for all these great products and solutions, organizing the technology and the innovation and thinking very creatively about how you scale Meebo's architecture. Welcome Sandy, we're really happy to have you here. Sandy: Really great to be here and thank you for calling. Lucy: So why don't you tell us a little bit, other than those astonishing growth statistics, what else is going on at Meebo? Sandy: Let's see. We launched in 2005 so we're about six years old, which I guess is a pretty long time for a startup. We still consider ourselves a startup even though we're roughly 200 people now. We started with three, so it's also been a big growth in terms of just the number of heads we have on staff. Our goal, from day one we started out as a web instant messaging client and we wanted to connect people with other people that were important to them. Back in 2005 a really cool way to do that was chatting and instant messaging. We think as the web got a lot more big and a lot more complex and people are a lot more savvy now on how they use the web. Their expectations are a lot higher on how they connect with people and generally just consume content. So now what we're doing at Meebo, six years later, is connecting people with other people, but also people with content that's important to them. It's been an interesting journey for us. We started out as a web IM client, like I said, and now we're this distributed social bar. You mentioned our growth, which we're really proud of. The growth is now primarily due to this bar that I mentioned. We're on over 8,000 sites around the Internet that you see today and we reach about half the US Internet population, which is pretty cool as well. It's a really cool technology platform to play with to bring great consumer products and experiences to everybody that can touch the bar and see the bar. That goes beyond IM. So, we're experimenting with a bunch of ideas and how to really create a cool user experience using our distribution. Just to give you guys a little bit of a teaser we expect them to come out relatively quickly, in the next month or so. So keep an eye out. Larry: Oh good. We will. Lucy: Early in 2012. We love asking questions about entrepreneurship, as everybody who listens to these now, and we're about ready to get started with that. But I wanted to read a quote from Sandy from a recent entrepreneurship panel, because I think it's going to set up how great an interview this is going to be. "You may not feel as if you are qualified or confident enough. The biggest insight in this entrepreneurial journey of mine was when I realized that someone I knew, who was not super smart,"- I love this- "who failed the same tests I did had started a company, and I realized I could do it too." I loved it. I just love that quote, so I had to start with that. So, off we go. Sandy, we love talking to technologists, and especially CTOs. Share with us how you first got into technology and you've already told us a bit about cool technologies, but any other crystal ball you've got, technologies, on the horizon? We'd love to hear them. Sandy: I was lucky enough to grow up in a household where both my parents were engineers. It wasn't like a foreign thing growing up to be surrounded by engineering concepts like computers and physics and things like that. Getting started, I started pretty early in high school. Again, I was lucky enough to go to a high school that had actually four years of computer science classes offered. Lucy: That is amazing. Sandy: Yeah. [laughs] I started programming as a freshman in high school. Obviously, it wasn't the only thing that I did. I really enjoyed art as well, and English and a bunch of other topics. After I finished high school I was lucky enough to get into Stanford, they offered a couple of choices in Integral Computer Science classes. The first of which was if you've programmed before you could take an accelerated course and squish two quarters into one. Or you could take the two- quarter class that that would introduce you to the concept. So, I was like, "Well, I've done the programming, I'll go and take the accelerated course." Little did I know that those you take that course have the reputation of just doing computer science throughout their career. So, I took that course and here we are today. [laughter] Lucy: Here you are. Sandy: Exactly. I think that he quote that you mentioned was a really, really important one for me, where, going from a suburb high school to a big university like Stanford, one of the thing that's really eye-opening is that there are a lot of smart people in this world, and when you first meet a lot of these smart people, you're like wow, I don't know if I'm really that smart. When you go through your classes, and you may have gotten straight As in high school, but you may have gotten some Bs and Cs in college, it's a little bit of a hmm, like how good am I, right? I think for a lot of women in particular, that question tends to be maybe not explicit, but it does run strongly in the actions and the behaviors that they exude. For me, the biggest light bulb moment, like you said, was seeing someone who I thought, quote, was "as dumb" as I was do something extraordinary, and that was very inspiring. In my logical computer science brain, I was like, there's not a lot of difference between me and him, what made him do that? I think that was the biggest insight for me. So fast-forward six years now, when I talk to young entrepreneurs, a lot of them are like, "Oh, I have this great idea, I want to do this thing, I need to get the time, I need to do the business plan, I need to get the technology in place," and they keep putting up these road blocks. These are self-imposed road blocks. The difference today in terms of technology is that it's so easy to get started, like you have all these Cloud services that are really free and really cheap, you have all these resources available. You could get something launched, a mobile app, in like a week. That is extraordinarily powerful for a young, very ambitious entrepreneur who has an idea. In terms of crystal ball stuff, it's really hard for me to say, but the web is where everything is going, and whether that be mobile web apps or, websites that you get transferred to mobile, like all the things that people are doing these days, there's no concept of sort of a download or an application or even something that you sort of have to buy and pay for, there's all these services and online Cloud things. All those things are very, very interesting, and they're very powerful, and they're so easy to set up that I feel like that's where you'll see a lot of young people innovate, because it's so easy. That's really exciting for me. Larry: Boy. Lucy: It is really exciting. I can remember, I asked for my first promotion at work when somebody who I thought was a stupid... [laughter] Lucy: I really appreciate that. Larry: Yeah. Well, there you have parents that are engineers going through high school and enjoying a lot of different topics; why are you an entrepreneur? Maybe the second part is, what about entrepreneurship that makes you tick? Sandy: I want to go back a little bit. I went to an entrepreneurial organization at Yale called YEI, and I spoke with some of their students there, and one of them said, the interesting thing that I've found was that a lot of young people, especially young women, do entrepreneurial-type things, but they don't self-identify as an entrepreneur. They do things like, "Oh, I started a social club," or, "I started this meetup," or, "I gathered all these really cool people and they got to talk to each other, and now we do this on a regular basis," or, " Hey, I've started this event-planning thing that gets like all these really young people together." Those types of actions are actually very entrepreneurial. I would identify them as entrepreneurs, but they don't, and so they don't seek out help to take the next step. For me, I fell into entrepreneurship. I had the opportunity and I was like, "Wow. This is a really big risk." I'm generally more risk averse, and then I'm thinking, "Why the hell not?" Putting roadblocks in front of yourself like, "Oh. I'm not smart enough." "Oh, I need to do this." Or, "Oh. I didn't go to business school." Or, "Oh. I didn't do X, Y, Z." There's always excuses. I think that once I actually identified myself as an entrepreneur, and I took off with that, the most important thing that helped make me to continue to tick is that self confidence. It's the ability to think, "Oh, wow. I can really do this, and I can learn from this, and I can be respected for this, and the fact that I did this." Even if I have a team around me, the fact that you put yourself out there and were willing to take the risk to do that is amazing. Even today, six years later after we launched, I'm sometimes like, "Wow. Holy crap. I'm an entrepreneur." Or, "Oh my God. I'm the CTO." Because when you take a step back, it's like, "Wow. I was able to take a risk." Or, "I was able to put myself out there more than I would have before, and it really paid off." Even if the payoff is in monetary terms or the success of the company, the fact I overcame this self doubt, and, "Oh my God. I'm so stupid," or, "Oh. I'm not good enough." That in itself is very rewarding on a day to day basis. I think that's the thing that really makes me tick. Lucy: That's pretty interesting. The things we tell ourselves, right? I know. We had a person who we interviewed a couple of months ago, who said, her piece of advice was, I hope I get this right, "Never compare yourself on the inside to what you see on the outside of others." It's the way you feel. It's all about that same thing. Along the way, your career path so far, you've obviously had people influence you. Maybe your parents, the people at your high school. I'm still blown away by four years of computer science, by the way. Who are your role models now? The types of people who have influenced you. Any thoughts on that? Sandy: I was asked the same question at a panel a few weeks ago. My first answer was there's probably two types of people. The first, obviously, would be my parents. My mom was actually an engineer. A funny story, she actually helped me with my computer science classes in college when I had a bug. That's cool. People were like, "Wow. Your mom did that?" I'm like, "Yeah. Totally." Then, facetiously, but I really did mean it were, I called them my stupid goofy friends. Those friends are the one that I mentioned who, also sucked at physics like I did, and also failed that particular test like I did, and had trouble with that problem just like I did. They started companies, and they did it at a time when there was no money going around and the VCs were very wary of startups, given what had happened in the boom. They got funded, and they started a company. They worked really hard, and persevered, and were able to create a company that got somewhere. Them telling me that of course you can do it, like why wouldn't you do that? Or, hey, when I was feeling depressed or really unhappy with my job, because I was thinking, I'm coming out of school and I'm really happy about what I did in school, but now I'm in the working world, and I don't know what I want to do, they're like, "You should just pick something that you're passionate about and actually just go for it." Like there's no reason why you can't. Inspiration comes in many forms, and I think for me personally, the strongest was just the support to say yes, you can do it, and belief in me even when I didn't believe in myself. I think that's extremely important, I think, for anybody to have that kind of support network, because you can be successful and you can be rich, have all sorts of accomplishments in the world, but it's really lonely to celebrate them by yourself. Like to have someone else or a team or friends to celebrate with, and had said, "Oh," you know, "I believed in you from day one, and look what happened," is so much more valuable to me than anything else, so... Larry: All right, now, with all these wonderful things that you've been through, what is the toughest thing that you've experienced in your career? Sandy: Oh, man. [laughs] I probably would say hiring. When you start a company and you get all this money, people actually expect you to do something with it. [laughter] Larry: Yeah. Lucy: That's true. Sandy: You can't just have the money in the bank and be like oh, I got funded, and now it's just sitting there all nice and pretty. You have to build a team, and you're like OK, I'm 20, when I started, maybe I was like, you know, 23, and, you know, you're a 23-year-old who was a sophomore engineer for two and a half years, you've never managed anybody, you've never hired anybody, you've barely interviewed anybody at your old company, and now you have to build a top-notch tech team to support a product that you kind of hobbled together in your spare time and got funded for, and now they're giving you millions of dollars to go and make it big. You're like holy crap, what am I supposed to do with this? The toughest thing was actually figuring out how to hire, how to evaluate people, how to build a culture for the first 12 people in the company, and also getting over the fact that you're interviewing people who have been in the industry for 20 more years than you have, and they're expected to report to you, because you're the founder and you're the boss. So getting over that was huge and very challenging. I think, as you move more towards your career, like it's six years later at Meebo and I've interviewed hundreds of people now, sometimes there's still that little part of you that when you meet someone with a lot more industry experience, you're like, how do I really make you respect me? Because I may not come off as being like the big hotshot, you know, CTO kind of person. That's probably been the toughest, because evaluating other people is actually really, really hard. Lucy: Yeah. That was a very interesting answer. I don't believe we've gotten that answer to this question before. But I think it's very interesting. A plug for an organization we work, Women 2.0...writing a book on certain things like this. Like, hiring or interviewing. I chose the question, "How do you let somebody go?" Larry: Yeah. Lucy: I figured no one would answer that one. [laughter] Lucy: I figured nobody would. But I did it, I wrote it. If you were sitting here giving advice to a young person about entrepreneurship, in addition to some of the advice that we've filtered out of this interview so far around, "Don't make artificial excuses, have confidence in yourself," what are the kinds of things you would say to them? Sandy: One is, to be confident in your own idea. A lot of people have this notion that they have this really cool idea and they're like, "It's really neat, I should really act on it." Then they start to protect it. They baby it, they hide it, they keep it secret, they don't tell anybody. They hide it in the closet and they try to work on it on their own. It seems counter-intuitive but one piece of advice I would give people with ideas, with wanting to start something, is to share the idea as much as you can. Get it out there and get feedback because if you work in a vacuum you're not going to understand how to adapt quickly. I guarantee you, and I've said this many, many times to people, if you have an idea, idea's are never formed in a vacuum, and 20 other people have the same idea and they're already working on it. So, everybody has a different take on an idea, they have a different slant, they have a different perspective, they work on it in a very different way. But the more the idea is out there and the more you can iterate on it the better the idea gets. The more attuned to your audience it can be, whether that be, like I said, an ice-cream store, to a consumer Internet web company, having people give you honest feedback is so critical to creating a really big part. When I tell this to people, they're like, "Really?" I'm like, "Yes. Absolutely. Don't hide the idea." It seems really weird but it's a really good piece of advice that we got early on that helped immensely. Lucy: That's interesting too. Even if you have a good idea and you hide it. You get out there and as soon as you put it out there someone with more money, they're going to do it too, they're going to copy you. Sandy: People are always afraid of people copying them. I'm like, "It's OK." One of the early lessons we had was, if you make five or six changes to your UI, let's say I change the button shape or I move the position of a particular radio button or something like that, there were reasons why I did that. The reasons were for a number of user issues or feedback or A/B tests that we did. So, we moved the button over there. But if someone else went straight ahead and copied those pixels they don't understand why we moved that button. So, they don't get the learnings of why we did that. Without the deeper understandings of the decisions that you make a straight copy can work for a certain period of time but it won't work ultimately. That's the counterargument I give to people who say, "Oh, people will copy me." I say, "Well, generally it's the shallow copy, it's not really deep copy." Larry : Based on all the other things you've said during this interview it should be obvious, but from your perspective what characteristics do you think have given you the advantage of being an entrepreneur? Sandy: Hardworking. You can have as much influence and networking and friends in high places as you can, but if you don't work hard you can't really get there. Also, I didn't have this in the beginning but I think it developed a lot, would be self-confidence, but a sense of humbleness, in a way. Being OK with your decisions and not regretting the decision that you make. But at the same time being open to learning from mistakes, learning from other people who have different opinions and put that into your own system of beliefs. But being able to take a step back and evaluate that from a very non-judgmental perspective is important as well. It's a really long answer but, basically, always listening and asking the right questions, sometimes can be much more powerful than knowing all the answers. Having that perspective as you go from venture to venture or interview to interview is really important. A lot of people that I meet, who I have issues with just working with, like, some entrepreneurs can come off really cocky. I think that's to their detriment, because they may be really smart and really brilliant but if they don't take a step back and think about, "How am I perceived by others? How can I better myself to make other people want to work with me and share knowledge?" I think they're missing that. For me, I've really, really focused on doing that well. That goes into not being just an entrepreneur but as a good manager, as a good leader of the company. I don't have to have all the answers. But as long as I can ask the right questions and get the right issues surfaced, that is extremely effective. Lucy: Really important. This thing around listening and sometimes I say it's around, even, intuitive listening, because when you're listening really well you actually hear things that people didn't say but actually imply. Larry: Yeah. Between the lines. Lucy: Between the lines. There's a lot of value and there's a lot of mischief between the lines. You mentioned, Sandy, about hardworking. Of course, then we all have things we like to do outside of work, I'll put quotes on that. You mentioned your friends and people to celebrate things with. How do you strike that balance there? Sandy: It's really important. In the beginning of Meebo, I was like, "Work, work, work. Work is awesome, Meebo is great." All I would do is work, work, work. Then at a certain point you're like, "Wow, I'm really tired." [laughter] Sandy: The tiredness may not actually come from the lack of enthusiasm or lack of passion for the idea, but you're just physically and mentally very, very tired. If you're really tired you can't be productive. One of the things that I focus really hard in Meebo is work-life balance. I rock-climb, I do yoga, I play Ultimate Frisbee, I run, and those to me are just as important as the work I do at Meebo. So, I have this thing, you work hard play hard, and they're equally important. Because if you don't play hard and balance the "work hard" part you're going to tether one way or the other. Burning out is painful. You see it in an engineer, you see it in people who work all the time. You get cranky, you get demotivated and this spiral that keeps going and feeding on itself. You want the spiral to go the other way. The happier you are and the more balanced you are, the happier, more productive you can be and the more imaginative you can be with the work that you do and you can get more ideas that way. Again, super, super important. I will kick my employees out sometimes from work early and force them on vacation if I have to to get them to have more of that balance. Lucy: It is really important. We heard of some new research, the listeners might find interesting, that there is research that shows, especially in this space, in tech space, and I'm sure it's true in any creative space, that you really can't work longer than eight hours on something without starting to make the crossover mistakes that make it unproductive. Sandy: I can do that. [laughs] Lucy: Yeah. Which is pretty interesting. Larry: Sandy, I love that thought. Yes. Sandy, with all the things you've done, the billions of page views and millions of users and everything, you've already achieved a great deal. What is next for you? Sandy: That's a good question. My personal goal for Meebo has always been, I should be able to go to any city in the world and say the word "Meebo" and people's eyes should light up and they should know exactly what I'm talking about. People are doing that with Facebook a little but they don't do that with Meebo and I'd love for that to happen. Personally, that's self-interesting too. I started out as a software engineer and then you learn how to manage, you learn how to be a leader. Now, as a CTO my role is divided now where I do a lot of internal management. So, team building and hiring and personal development of the people that work for me. But also, the external part of that. So, reaching out to other folks, going to industry events, speaking on panels. As someone who does both, you can't really do both really, really well if you're pulled in two directions. So, I've been learning to really love the external part. This interview, for example, is really fun for me. I really like going to meet young people outside and encouraging them to start their own ventures. I really like mentoring young people, I like going to these entrepreneurial conferences and inspiring young folks. I really love that part and so I'd love to see more of that in my career and my personal development. Obviously, my commitments and my heart is at Meebo. So, trying to find a good balance there is something that I'm trying to do right now, it's a personal goal of mine. To be honest, I don't know what I'll be doing in five or six years. Hopefully, Meebo will be wildly successful and we'll be looking at trillions of page views instead of billions. But once you start your own venture it's hard to go back to work with somebody else. So, either starting something else or seeing where Meebo goes, I don't know. I really don't know. Larry: Well, we're going to track you and follow you. Lucy: Thank you very much for your passion around inspiring more young people to pursue entrepreneurship, technical endeavors, young women to pursue computer science. You're an awesome role model. That's exactly what NCWIT is really trying to do. It's so important. So, thank you for that. Sandy: No worries. This is really fun. Lucy: OK. Well, great. We enjoyed talking to you. I want to remind listeners that they can find this and other interviews at w3w3.com and ncwit.org See you around, Sandy. Sandy: OK. Series: Entrepreneurial HeroesInterviewee: Sandy JenInterview Summary: Meebo’s Co-founder and CTO, Sandy Jen recently discussed gaining the self-assurance to start a new company: “You may not feel as if you are qualified or confident enough…The biggest insight in this entrepreneurial journey of mine was when I realized that someone I knew who was not super smart, who failed same tests I did, had started a company, I realized I could do that too.” Release Date: January 16, 2012Interview Subject: Sandy JenInterviewer(s): Lucy Sanders, Larry NelsonDuration: 24:55

god ceo women english interview internet work inspiration holy putting series bs unique cloud stanford burning concept yale cto personally cs ui national center information technology vcs techcrunch release date interviewer interviewees ultimate frisbee ctos audio files datetime being ok meebo yei larry nelson us internet ncwit preflabel larry yeah lucy it larry well lucy so interview summary lucy sanders larry all
Interview with Jennifer Pahlka

Play Episode Listen Later Jan 2, 2012 17:32


Audio File:  Download MP3Transcript: An Interview with Jennifer Pahlka Founder and Executive Director, Code for America Date: January 2, 2012 [intro music] Lucy Sanders: Hello, this is Lucy Sanders, CEO and Co-Founder of NCWIT, the National Center for Woman and Information Technology and with me today, Larry Nelson from w3w3.com. Larry, what's going on with old w3w3.com? Larry Nelson: Oh my goodness. We have so much fun, we interview so many people. We've even been doing it for 12 years now. I must say that this series is extraordinary for us, because what it does for young women, bosses, parents and the like, it's very good. So thank you. Lucy: Well, listeners will know, we ask women who have started tech companies as part of the series, pretty much the same eight questions and the richness of the answers never ceases to amaze me. Larry: Oh yeah. Lucy: I think today we are talking to yet another great entrepreneur in the technology sector, Jennifer Pahlka, who is the Founder and Executive Director of Code for America. Now, this is an awesome effort and I am going to describe it the way that Jennifer did in a recent talk. She says, "It's like a Teach for America or a Peace Corps for Geeks." Larry: Yes. Lucy: I just think that's so cool that people in government and city managers for example, who have projects that they think could benefit from web-based solutions and you can make an appeal to Code for America and get volunteer help to help build these projects out, really in some sense making government more open and giving citizens easier access to data. So, I think we are going to hear more about that. Welcome, Jennifer. We are so happy to have you here. Jennifer Pahlka: Thank you. I am very glad to be here. Lucy: This is not the first thing Jennifer has been. She is also a serial entrepreneur and has some extensive experience in gaming and media. Before we get off on your entrepreneurship discussion, Jennifer, why don't you tell us a little bit about the latest Code for America? Maybe you can tell us what projects like, "Adopt-a-Fire- Hydrant" are like? [laughs] Larry: Yeah. Jennifer: Sure, I'd be happy to. We are a pretty new organization, and we just finished up our very first fellowship year. We had 19 fellows work with us all year along and work with the cities, doing great projects. One of them is Adopt-a-Fire-Hydrant app, which came out of the fact the fellows go visit the cities for Fire Weeks in February and when they were there, our Boston team was treated to a massive Snow Apocalypse and one of the things they saw is that, the city is struggling just to clear the streets. They never really get to digging out the fire hydrant. But that the citizens were right in front of them and they could dig them out. So we created a little web app that allows citizens to claim a fire hydrant and agree to dig it out when it snows and the game dynamics on top of it that make it pretty fun. What's cool about that is that other cities who've seen this and adopted it as well. You wouldn't think that Honolulu has anything to do with Boston in terms of something like snow, but they have a similar problem. They need people to check the batteries in the tsunami sirens on the beach. Lucy: Oh my God. Jennifer: Too expensive for them to send crews around, checking them every week. So let citizens do that. Now it's also become Adopt-a-Siren and in Buenos Aires it's becoming Adopt-a-Park Bench and in other cities they are using it for other assets that are important to them. Lucy: Oh, it's so cool, because people who really care about being a good citizen are plugged in, in ways that they know they can make a difference and be helpful. Larry: Yes. Jennifer: Exactly, yeah. Lucy: Awesome. So, Jennifer, tell us a little bit about how you got into starting a technology company, like what got you into doing that? Jennifer: I wasn't a technical person. My first exposure to technology was actually in the video game industry, which is an incredibly dynamic interesting group to be in, because they are so creative and yet so at the cutting edge of technology. Video games are often breaking grounds in terms of graphics and sound, business models. It was a wonderful introduction not just to technology but community that's so creative and that made me really love technology. But doing conferences both in video game world and in the Web 2.0 world you are constantly talking to some of the smartest, brightest, most passionate people. You see that all of their efforts go towards building products or building services for companies that create a lot of value in our lives. But they don't really go toward building the public institutions that we all pay into and that we all believe should represent us. And so, as a result, without that talent, the public sector is really falling behind. I founded Code for America because I want some of the talent that I have seen over the course of my career in technology, think about building platforms for the public sector as well as the private sector. Start to close that gap between the innovation curve that we're all benefiting from in our personal lives and the way that government works. Lucy: How big do you think that gap is for the public institutions, just out of curiosity? How far behind are they? Jennifer: Well, there's that phrase, the future is already here, it's just unevenly distributed. Lucy: Yes. Jennifer: That's very true in city government. You've got some incredibly innovative projects. You've got a lot of very innovative people doing wonderful stuff. For example, here in San Francisco, they put sensors in the curbs so they know what parking spaces are taken and what aren't and they've got some complex algorithms that change the pricing of parking in real time in order to optimize to have just one space open per block in San Francisco. If you live in San Francisco, you know how important that is. There's never any parking in San Francisco. But if you do that, you reduce the number, you reduce congestion, you reduce people driving around the block, it had some environmental effects. That's an example of people. There's many others like that. They're doing really great cutting edge stuff, but then you've also got tons of departments and, even within the same city, you'll have different departments that are still running their technology on Coball databases, stuff that's extremely outdated. Not with just bad technology or outdated technology that doesn't have modern develop per community around it, but also with just very outdated approaches about how to provide services to citizens that's stuck in an 80s and 90s model. So, it really varies. I don't want to discount how great some of the government technology leaders are these days, but there's a very long tail behind that that we need to catch up. Lucy: Well, and for all you listeners out there with Coball skills. [laughs] Larry: Yes, Lucy, are you talking about yourself? Lucy: Actually, I took Coball in college. [laughs] I'm thinking I could probably make more money doing that than what I'm doing. Jennifer: You've got some cities that are going to their local community colleges asking them to teach Coball now so that they can fill those slots, which I'm not sure is really the way to go, buy hey. [laughs] Lucy: [laughs] Now look, you've got to go after the age people who are thinking about retiring and lure them out you know, for sure. Larry: I'm thinking when they have to and then deter from that a little bit to get to our next question. Lucy: OK. Larry: Jennifer, why are you an entrepreneur and what is it about you that entrepreneurship makes you tick? Jennifer: I don't think I thought of myself as an entrepreneur, really, until I came up with the idea for Code for America. I think what's important about that to young women who are thinking about this is that you don't have to feel like you're branded an entrepreneur from the time you're 18. I came up with this idea when I was 39, and I suddenly felt that I could be incredibly useful to the world if I made this happen. It was really the power of the idea and the notion that no one else was going to do it, that made me start this organization. It certainly took some risk. I'm not a particularly risk adverse person and that's probably one quality that's important. But it was really feeling like this needed to happen and that no one else was going to do it, that made me start Code for America. Lucy: I love that answer. Larry: Yes. Lucy: I think it's great. Along that path when you started Code for America, did you have people influence you, or did you have mentors, or role models, or who shaped your thinking, if anybody? Jennifer: Well, early in my career I worked for a number of very strong, powerful but also so caring and nurturing women at the upper levels as media companies that I worked for. Actually, mostly one media company that went through a number of mergers and acquisitions. The president of our group when I was at the game that all the press conference is a woman named Regina Redly. I think the way that connect with technology, the way that she took care of her people all the way that she made the work environment as important as the work outcome, very much influenced me. Later on, when I was starting the idea of Code for America, I was very much inspired by Tim O'Reilly, the guy who's credit with the Web 2.0 and who's been a big thinker in open source. He continues now to be one of my mentors. I was also very inspired by Gwen Mellor who own the Sunlight Foundation D.C. She is a little bit more on the politics side. But someone who's very clear about the effects she wants to have in the world, very engaging, very kind and supportive person. Sunlight Foundation was initially the physical sponsor for Code for America because she actually very concretely helped Code for America get started and I'm very grateful to her. Larry: Good, wow, with all the things you've done. Lucy: So far. Larry: So far, that's right. I can't help but wonder what is one of the toughest things or the toughest thing that you ever had to do in your career? Jennifer: It's a difficult question. There's a lot of testing with the bum and bust cycles in technology. Certainly, when you have to lay people off, it's very painful because it's easy for them to take it personally. I've seen all this people well, moving on in so I'm less afraid of it than I used to be but it's hard to see people feel demoralized. I would have to say that now the hardest thing with Code for America is with very competitive process. We can only take 25 people a year right now to do our fellowship. We have 550 people apply. So when someone standing up and raising their hand and saying I want a Code for America, I'm going to move across the country work for some soft stipend, work long hours, and do this crazy thing. They're saying they want to do that and we say sorry you're not chosen. That's probably the hardest thing because you want to honor that instinct and that commitment and that generosity saying they are willing to do it. Lucy: Interesting, so as a side question, are you funded through donations then? Jennifer: Primarily, yes, from foundations, from corporations, from individuals. We also charge the cities that get a fellow team for the year a small participation fee so that it is not all on a charitable community. Lucy: It's a great effort. For all you listeners out there with big wallets... [laughter] Jennifer: Please. Lucy: Please yes. Jennifer: In your holiday giving. Lucy: Absolutely, so if you were sitting here with a young person and giving them advice about entrepreneurship, what would you tell them? Jennifer: I think the biggest thing I would share with an entrepreneur about an entrepreneur is to really care. You have to care about what you're doing. You have to deeply care about the problem you are trying to solve and think it's an important problem, and care about the people that you work with. If you don't really care deeply about your work other people won't and you won't be successful. That's the heart I think of this notion that we want to inspire the tech community, men and women to work on stuff that matters. If you really care you are much more likely to be successful. Larry: That's wonderful. Once again, all the things you've done and you did you start out to be an entrepreneur and now you've become one. What are the personal characteristics do you think that are giving you the advantage of being an entrepreneur? Jennifer: A lot of people would talk about risk think that's an important when you do have to be able to take risk. I turned this organization with $10,000 in the bank for the Sunlight Foundation. That was it. When there was a lot more than was needed I quit my job, I didn't have any income for a while, that was important. I think personally for me I would have to say that my focus on a network in a community around what we do is probably in the most important. Somebody once said and I wish I knew who it was, "The time to build your network is before you need it." Lucy: Exactly. Larry: Yeah. Jennifer: I work in the conference industry. So my job was to know a lot of people and to have them care about the work we did and have them invest in the events that we did, in the content, in the ideas that we are promoting. I was lucky, and lucky that was what I was focused on for the first part of my career, because I did build a big network and I valued the people in my network very, very much. I am aware every day of how much the people who support our work and I am not just talking about our donors, though they are very important. I am talking about the people who come in and work, the fellows, the people who share our message on Twitter, whatever little thing people do because they care about our work. We exist because of them and I never want to take our network for granted. I think that's really helped build Code for America. Larry: Great. Lucy: Well, then that's so true about your network. You build networks, not necessarily with the intention that you are going to get something back from them, but because it's the right thing to do, to build those networks and to be in service to others and that's how the system works. I have seen so many people who really don't quite understand that. [laughs] Larry: Yeah. Jennifer: I think that's exactly why you need to build a network because you care about other people not because you want them to do things for you. Lucy: I know it's a little backwards just looking. Jennifer: No, I totally agree. Lucy: You're totally self-absorbed. So your starting Code for America, obviously you care very deeply about it. You are very busy with the getting a non-profit off the ground. I know it's really hard work. What is it that you do or what sort of tips can you pass along for balance between all the hard work and passion for Code for America and then your side life? Jennifer: That's an important topic for welfare for women, in particular, though I don't think should be for women in particular, I think it should be men and women. But it's always a challenge. It's been challenge for me before I started Code for America as well. There is a woman named Charlene Li, who runs Altimeter Group. She quit Forrester Group, but when she did, she blog something along the lines that's there is no such thing as work-life balances, its only disappointing and each party last which is a testament that you can see that that it is very difficult. I think I've seen this most effective for me is I have an eight-year-old daughter and my time with her is incredibly precious. I have her half time. When I am with her, I have the personal will, the power in me to actually turn off the vices, or if I have to respond to something else or tell her what it is and say, I am doing this. I am texting so and so for this reason and then I am going to turn my phone off. Knowing that that person needs me and that when I am paying attention to her, I get so much delight out of that interaction. It helps me create some boundaries between the work and home that I probably wouldn't have it, if I didn't have her. I am so grateful for my daughter in my life. Larry: I can relate to that. I have four daughters. Jennifer: Oh, you are very blessed. Larry: Yes. We certainly are. Jennifer, let me ask this. You've already achieved a great deal and we really appreciate and have a great deal of respect for the track you are on, but what's coming up next for you? Jennifer: It's funny, I don't think of myself as an ambitious person, but I do have some goals for Code for America that I would like us to see work not just in government technology at some point, but I think some of the approaches that we are taking to rebooting government should also be applied in education and that would be interesting for me. I don't know when or if it will happen, but I care a lot about education and I think that we could be putting more money into teachers and less money into administration if we find committees, principals that work, ++who you think was government. So that would be exciting for me, but beyond that I think hopefully what's next for me is more of work-life balance and I think that's really important. Larry: There you go. Lucy: Amen. Larry: Excellent. Lucy: And a great answer. Well, thank you so much for talking to us. Code for America, a great, great organization, growing and hopefully all you citizens, coders out there maybe can get involved. Thanks very much, I want to remind listeners that this interview can be found at w3w3.com and also at ncwit.org. Larry: You bet. Jennifer, thank you so much. Jennifer: Thank you very much for having me. Larry: Yes. [music] Series: Entrepreneurial HeroesInterviewee: Jennifer PahlkaInterview Summary: Code for America’s Founder and Executive Director, Jennifer Pahlka describes her company as “Teach for America or Peace Corps for geeks.” Working in cities across the United States, Code for America is building a network of civic leaders who believe that there is a better way of doing things and want to make a difference using web-based solutions. Release Date: January 2, 2012Interview Subject: Jennifer PahlkaInterviewer(s): Lucy Sanders, Larry NelsonDuration: 17:31

god united states america ceo founders interview woman san francisco video co founders executive director teach web code series geeks concept buenos aires adopt reilly timo national center information technology honolulu peace corps siren release date interviewer interviewees audio files park bench charlene li altimeter group datetime fire hydrant sunlight foundation larry nelson jennifer pahlka jennifer it jennifer thank ncwit larry you jennifer you jennifer oh jennifer well preflabel larry yeah lucy how lucy oh lucy it lucy you lucy so interview summary lucy sanders america maybe snow apocalypse
Interview with Clara Shih

Play Episode Listen Later Dec 1, 2011 15:56


Audio File:  Download MP3Transcript: Interview with Clara Shih                     [intro music]   Lucy Sanders:     Hi, this is Lucy Sanders. I'm the CEO of the National Center for Women and Information Technology, or NCWIT. Over the last few years, we've been interviewing women who have started technology companies and have just had the greatest time talking to them about the fabulous things they're doing, getting all kinds of wonderful advice for entrepreneurs. With me is Larry Nelson, w3w3.com. Hi, Larry.   Larry Nelson: I'm happy to be here. This is a great series. We know it's had a great impact on a number of young women. Bosses, parents and the like.   Lucy: Wow. We've got a great interview today. It's a really fascinating interview with a woman who's not only started a technology company, but also is a best-selling author. Clara Shih, who is the founder and CEO of Hearsay Social. Her book, "The Facebook Era." We all know we're living in the Facebook era. In fact, my mother-in-law follows all the status of the family, all the time, on her grandkids' Facebook accounts. Hearsay Social is in this really interesting space in social media. I know Clara will set us straight when we're talking to her, but here is my sense of what it was. When I was working in corporate, we would have customer relationship management systems, where individual sales people, marketing people, could keep track of customers. The system itself, the platform itself, would actually do a lot of the heavy lifting of that in sort of a systematized way, so that the company's brand was well represented by those sales people andmarketing people. In this age of social networking, we have a lot of big franchise kinds of businesses that are busy developing local relationships through social media with individuals. Yet at the same time, doing it in an ad hoc way is not really particularly always supportive of that company's brand. So Hearsay Social is a company that is really trying to take that on by building a platform. So Clara, I hope I didn't get that too wrong, but we're really happy to have you here. Why don't you give us a sense of what's going on at Hearsay Social today?   Clara Shih: Thank you so much for having me. Hearsay Social is the fastest-growing social media start-up right now. We're based in Silicon Valley. We just opened an office in New York. We have 60 employees and growing every day. We were cash-flow positive last year. We've recently raised $21 million in venture capital from Sequoia and New Enterprise Associates. Things have never been better for us. We're thrilled to be part of helping to lead the social media revolution that's sweeping business.   Lucy: Give us an example. What would a Starbucks or a company like Starbucks do with a platform like Hearsay Social?   Clara: We focus at Hearsay Social on corporate-to-local companies that are brands that have a corporate presence combined with location. Whether it's State Farm, or 24-Hour Fitness, or McDonald's, you've got all these local employees and agents out there representing your brand. Increasingly, in a highly-decentralized that we're seeing from Facebook and Twitter and LinkedIn and Foursquare and now Google Plus, we're seeing the local representatives and employees actually create their own pages, either to interact directly with customers, or because customers are checking in to specific locations using their iPhone or Android location-enabled device to kind of manage all of these local profiles and activity that are going on. Hearsay Social is all about, first, helping the chief marketing officer get a handle on who all in their organization is even engaging in these customer conversations at the local level, and then from there being able to push out corporate-approved marketing campaigns, viral videos, other content that goes out to each of these locations. Then the locations can tailor these materials for their audience, and retain a unique and authentic voice. Then finally, being able to measure all of that, and slice and dice by region or store or employee.   Lucy: I think that's just fascinating.   Larry: Yeah.   Lucy: Very much needed. It sounds like it's a really heavy, heavy technology platform. It kind of gets us to our first question about you and technology. How did you first get into technology? Then looking across the landscape, what technologies do you think will really be important in the future?   Clara: I've always been interested in math and science. I think growing up, having a father who was an engineer, I was always very curious about how the world worked. I was fascinated by how technology makes life better. I think that was how I initially got into this space. Going to Stanford, studying computer science there, being exposed to Silicon Valley and the tremendous innovation that takes place here, was incredibly inspiring for me.   Lucy: Obviously, social media is an important technology, both now and in the future. Do you see anything else that you think is really going to change the landscape?   Clara: If you look at technology, about once a decade you have a disruptive technology innovation that changes how we live and work. In the '70s, this was mainframe computing. In the '80s, it was the PC, the idea that every person could have their own machine, and today we have several machines per person. In the '90s, in the last decade, it was very much about the Internet. Social media is the key disruptor for this current era, that I call the Facebook era. I think along with social comes a couple of other trends. One is the real-time nature of communication. Two is that increasingly, people are mobile. It's not just about accessing the Internet from your PC, but actually concurrently with your iPad, your iPhone, a host of mobile devices.   Larry: I tell you what, Clara, I know there's many entrepreneurs that would like to be cash-flow positive their first year.   Lucy: [laughs] No kidding!   Larry: Besides that, why are you an entrepreneur? Then, what is it about the entrepreneurship thing that makes you tick?   Clara: Good question. I never really thought of myself as an entrepreneur per se, but I've always been very action-oriented. The world is changing so quickly. I think it's in large part to consumer technologies like Facebook and Twitter and LinkedIn. The opportunity that I saw for Hearsay Social was, "OK. Facebook has fundamentally transformed how people interact with each other. How can businesses keep up?" I started imagining what the world could look like for companies. That became the foundation for becoming an entrepreneur.   Larry: Mm-hm. Wow.   Lucy: I even think writing a book is entrepreneurial. That's hard work, and a very original work. Along your career path, you mentioned your parents as influencers. Who else influenced you in terms of being a mentor, or giving you advice, or...? Who are your role models?   Clara: I would say that I've had the fortune of having many role models and mentors. I couldn't have arrived to this point without them. I'll just name a few. Mark Bennioff at Sales Force, the ultimate technology entrepreneur, who not only created a new company, but an entirely new way of delivering software through the cloud. More recently, I tremendously admire Sheryl Sandberg, who is the chief operating officer at Facebook, not only for what she's done there, but for how she's balanced that with her family, and with being a very outspoken advocate for women in the workplace.   Lucy: She's given several tremendous talks over the last few months. She's really stepping out in support of exactly what you're talking about. It's very heartening to see that.   Larry: Yeah. Clara, being an entrepreneur, there's the ups and downs and challenges and everything else. What is the toughest thing that you've had to do in your career?   Clara: That's a good question. I would say the toughest thing I've had to do was decide to leave a perfectly fine career path to start something new and start from scratch, and accept all the uncertainty that comes with being an entrepreneur. In the early days, there was no $21 million dollars and 60 employees and all of these. Just a blank slate. My co-founder Steven and I, sitting in my apartment. We didn't even know what the company would do or what the name would be. And that's really scary.   Lucy: How did you make that decision? Share about your thought processes there.   Clara: I think the decision to start a company happened pretty organically. I studied computer science and econ at Stanford, and then spent some time at Oxford, and then really grew up in the Silicon Valley companies. I worked at Microsoft, I worked at Google, I worked at Salesforce.com. I just happened to have been tinkering with the new Facebook APIs when they came out in early 2007, and developed what became the first business application on Facebook. Word got out, just because of the viral nature of Facebook. My friends added the application, their friends added it. Pretty soon, it made its way to the desk of a very influential analyst at Forrester, who blogged about it, and credited me with kick-starting the social business application movement. Before I knew it, I had offers to write a book, to keynote major technology conferences. Given the experience of researching and writing "The Facebook Era," where I realized that there was huge unmet need in the market, not only for knowledge and education in social media, but actual technologies to automate and bring governance best practices and effectiveness to these technologies.   Lucy: I just love this story.   Larry: Yeah, I do too.   Lucy: I mean, I just love this story, and I think it shows yet again in your life, you look backwards and you can the dots, but looking forward, it's like, "I don't know how people have career plans." You don't even know.   Clara: I couldn't agree more. I wish I could say that I had this master plan when I developed Faceforce, but really it just happened serendipitously, and I was opportunistic when opportunities came my way.   Lucy: That's an incredibly important piece of advice, which gets me to the next question, around giving young people advice about entrepreneurship. Or heck, even not so young people. If you were giving a young person advice about entrepreneurship, what would you tell them? I think I'll start. Be opportunistic, right? Be mindful that there are opportunities in front of you, and take them. But what else would you say?   Clara: I would say, expose yourself to as many new ideas and opportunities as soon as possible, because we don't know what we don't know. Sometimes, it takes a while to find what we're passionate about, but we can accelerate that process by learning new things and exposing ourselves to as many new things as possible.   Lucy: Yep.   Larry: Excellent advice.   Lucy: One of my favorite phrases now is, "Who knew?" [laughter]   Lucy: Who knew?   Clara: For me, when I was in college, it just so happened that I had to put myself through Stanford. There wasn't an option for me exceptto work both during the school year, as well as during the summer. In retrospect, that worked out really nicely, because I got an exposure to a variety of different industries and companies, and had plenty of work experience by the time I graduated.   Larry: That's great. You didn't plan on being an entrepreneur. You worked with a number of the big technology companies. What are the personal characteristics do you think that you have that give the advantage of being an entrepreneur?   Clara: I think one characteristic is that I don't take no for an answer. When you're starting out, a lot of people will tell you no, or they'll cast doubt. I remember my mom was pretty upset when she heard I quit my job at a secure company. It takes a lot of courage, and it just takes extreme confidence in yourself, and optimism that things will work out in the end. I think that that's certainly the most important one. The other characteristic of most entrepreneurs that I've met, and I hope it's true of me, is that we see the world in a different way. I remember working at bigger companies like Google and Salesforce.com that this rubbed people the wrong way a lot. My advice would be, stick to your guns, and if you believe, sometimes the best thing to do is to leave the company and start your own. And that's exactly what I did.   Lucy: I think that courage to leave a secure job... My son is starting his own company, and as a parent, I have to remind myself of that all the time, that it takes a lot of courage and confidence for him.   Larry: But Lucy, you left a job too. [crosstalk]   Clara: It might take more courage by the parents than by the individual. [laughter]   Lucy: Yeah, maybe that's the case. You mentioned Cheryl Sandberg and her speaking out about work-life issues. Do you have anything to add in terms of what you do, or any words of wisdom in that area?   Clara: I would just echo what Cheryl always says, which is, "The most important career decision you make is the partner you choose." I'm recently married. I got married two months ago.   Lucy: Congratulations.   Clara: Thank you. But there's no way I could do what I do without the love and support of my husband Dan. He's incredible. He inspires me, he teaches me, and he gives me balance in my life. He reminds me when I'm working too much.   Lucy: Can you call me too? [laughter]   Lucy: You're working too much.   Larry: [laughs] That is excellent. My wife and I, we've been married for 40 years. I was nine years old when we got married. [laughs] Well, I was close to it. We've worked together all this time, and it's just absolutely fabulous. I just love it. All right. Now you've already achieved a great deal. Not only the best-selling book and a company profitable in your first year, and all the other things that are happening. What do you think is next for you?   Clara: I guess just continuing to be open to the unknown, and to be opportunistic. I don't know what opportunities will come my way, personally, professionally, or for Hearsay Social as a company. I want to make sure that I myself, as well as my organization, we're always open to taking risks, and to continually challenge ourselves and grow.   Lucy: I just think that's so well said.   Larry: Yes, excellent.   Lucy: I think being open to the unknown is so important. As organizations grow, I think a certain amount of rigidity sets in. Being mindful of that may cause it not to happen. Clara, thank you so much for talking to us. I know our listeners will really enjoy this interview. I want to remind people that it's online at w3w3.com, and also ncwit.org. Thank you so much.   Clara: You're very welcome. Thank you for having me   Larry: Clara, this was really terrific information.   Lucy: Yeah, it's wonderful. Just wonderful. We really appreciate it. These interviews are really capturing the attention of women in technology. [music] Series: Entrepreneurial HeroesInterviewee: Clara ShihInterview Summary: Clara Shih, founder and CEO of Hearsay Social and author of The Facebook Era, gives the following advice to young entrepreneurs: “Expose yourself to as many new ideas and opportunities as soon as possible. We don’t know what we don’t know, and sometimes it takes a while to find what we’re passionate about. But we can accelerate that process by learning new things and exposing ourselves to as many new things as possible.” Release Date: December 1, 2011Interview Subject: Clara ShihInterviewer(s): Lucy Sanders, Larry NelsonDuration: 15:55

ceo women new york google interview internet social microsoft iphone silicon valley pc series android mcdonald valley starbucks oxford stanford ipads concept salesforce national center expose bosses information technology silicon release date interviewer state farm forrester sheryl sandberg sequoia foursquare interviewees audio files hour fitness datetime larry nelson cheryl sandberg clara shih ncwit preflabel hearsay social lucy how larry yeah lucy you interview summary lucy sanders lucy who lucy one
Interview with Shanna Tellerman

Play Episode Listen Later Oct 3, 2011 20:43


Audio File:  Download MP3Transcript: An Interview with Shanna Tellerman Product Line Manager, Autodesk Date: October 3, 2011 [intro music] Lucy Sanders: Hi, this is Lucy Sanders. I'm the CEO of NCWIT, National Center for Women & Information Technology. We're working hard to encourage more girls and women to pursue computing, education and career paths. This interview series with women who have started great technology companies is very inspirational. and to be having great advice for all entrepreneurs in terms of starting companies. With me Larry Nelson, w3w3. Hi Larry. Larry Nelson: Oh boy! It's a pleasure to be here. This is a great, great series. I know your listeners want to pass this interview along to others and you know would be interested and they can listen to it at couple of different places that we'll give you at the end of the show 24/7. Lucy: Today, we have another great person to interview. The talent just keeps coming. Today, we're talking to Shanna Tellerman who is currently at Autodesk, Cloud Services and Applications, but before that she was Founder and CEO of Wild Pockets. Shanna is in a post- acquisition mode. That's a very exciting thing to have a company that you are the founder of, be acquired. Wild Pockets is an end-to -end open source solution that supports creators through the life cycle of 3D game development. I can't wait to hear more about it. It was Shanna's first technology company out of graduate school, but she attended Carnegie Mellon University, which is just a great, great school. She attended the Entertainment Technology Center. Doesn't that sound like great deal of fun? Shanna welcome. We're really happy to talk to you today. Shanna Tellerman: Thank you, glad to be here. Lucy: Tell us a little bit about Wild Pockets/Autodesk and what's happening. Shanna: My company was Wild Pockets. We were building out a 3D game engine that you could access in a web browser. What we were trying to do is make the ability to build games, 3D games specifically, easier and more broadly accessible to anybody. When my company first met with Autodesk, Autodesk is the creator of 3D tools and all kinds of products for the media world, the entertainment world, architecture, manufacturing, engineering. They saw what we were doing and saw that we had an idea that could be applicable to a lot of their different tools and products here at Autodesk. There was a lot of synergy between our teams and the company. Ultimately they decided that we should join them. Now I work at Autodesk. I'm the Product Line Manager for our new Autodesk cloud product line, something that's coming out this fall. It has been started through the summer last year. It's a really exciting new space for Autodesk. We're doing some awesome new things. Lucy: Well, that's pretty exciting. We don't often talk to people who are in that post-acquisition mode, so maybe a sentence or two about what that was all like. Shanna: This Autodesk acquisition of our company was a pretty quick experience. We had been talking to them and working with them a bit over the course of two years. Then, when I met with one of their directors of engineering, he was really an exciting person to talk to and visionary here at Autodesk. Then I would think up on what we were doing and what he was doing on a fairly regular basis. We did that a couple of times over the course of two years. Finally, they said, "We really want to move forward. We want to make their team part of our company." Once they said that, the process went really quickly. It was really about working together, figuring out the right terms, making sure investors were happy, et cetera, but we all had the end goal in mind. Within a couple of months, the whole deal was closed. Our team in Pittsburgh can move into an Autodesk office in Pittsburgh. I was in San Francisco. I had moved into their San Francisco Office. Before I knew it, I was completely part of the Autodesk Company. Lucy: Surprised. That's very good. Congratulations. Shanna: Thank you. Lucy: Shanna, why don't you tell our listeners a little bit about how you first got into technology? Everybody is always curious to know what was it that first sparked your interest. Shanna: I first got into technology during college actually. I had gone into college for fine arts, of all things. I was painting and drawing and doing very traditional art, but Carnegie Mellon is an extremely practical and tech-heavy school. It's one of the number one computer science schools across the country and a great engineering program. They have a lot of interdisciplinary programs. Even though I was in the art school, it didn't take very long before I was introduced to all of the amazing things going on in the computer science program. Specifically, I had seen this one presentation from this course called "Building Virtual Worlds." They did a big presentation for the whole school at the end of their semester. It was really like a show they put on. People were standing on stage, wearing these 3D virtual reality glasses, and taking you through like video games that were being projected live. They were playing through it in real time. I looked at that. I was like, "This is the coolest thing I have ever seen. I have to go to that class. I have to take that class, because they combine artists with computer scientists, so I would get to build these worlds, but I didn't have to know how to program them." That was really what drew me in to technology. I had played around with some of the different editing programs, Photoshop, and other kinds of programs, Director, and a little bit of the 3D tools, but it was the end result. It was looking at the incredible things that could be produced. They were both visual, but also interactive that drew me in. Lucy: Well, Carnegie Mellon does that so well. They are so well known for interdisciplinary curriculum and computing, a great place to be drawn in, I must say. One more technology question for you. When you look out, your purview of the technology landscape, what technologies do you think are particularly interesting or up-and- comer? Shanna: Well, I'm going to have to say it's really all about the cloud right now. That's what I'm excited about working on it at this very moment. It's about not having to be tied to one particular device or your laptop or your computer or your phone, but it's about being able to take the thing you're doing anywhere that you want to be. You're working on a document. You can access it from or your phone or your iPad even, you're playing a game and you log in here and then log out and then you log back in from your TV. It's in the same place and remember who you are. The cloud is providing incredible opportunities for us to be super- connected and also things that people don't really usually think about, which is it can process in compute intense data at a rate that a single machine can't. Some of the really cool things we're doing here at Autodesk includes rendering in the cloud. Rendering when you take like a 3D model and you create a photorealistic version of that 3D model with all of the perfect lighting and the materials that were just like they do in the real world. Usually you'd be an artist and you'd be sitting at your computer and maybe building a model of a house. If you want to do a rendering a bit to show the client what that house is looked like, then you had clicked the render button and then you would probably log out for the evening and let it run for hours while it creates that photorealistic rendering. When you send that to the cloud, you can scale up. You can do renderings in minutes or they can take a few hours, but you keep working on your machine, because it's not processing locally anymore. That to me is just the tip of the iceberg of the incredible things that the cloud can do. Lucy: Speaking of rendering, too, I remember about eight or nine years ago watching something I thought was pretty simple get rendered, and it did, it took forever. Larry: Yeah. Lucy: Speeding this stuff up is good. Larry: I'm more empathetic than I want. Lucy: Yes. Larry: Shanna, can you hear me? You came out of Carnegie Mellon and you formed a company. Why did you become that entrepreneur and what is that about entrepreneurship that makes you tick? Shanna: I became an entrepreneur totally accidentally. I came out of Carnegie Mellon. Actually well I was still within Carnegie Mellon. I was working on a project in graduate school that to me felt like a really had legs. It was something that we had prototyped and we had shown to our end users. They were excited about it and they wanted to start using it in the real world. I said, "Oh! How can we make that happen?" The university was not planning to continue to develop it into a commercial product. They build prototypes, they build samples, but they don't commercially distribute software. I started looking at can we get grants to the university to commercialize this or is there another path? Before I knew it, I started talking to local business people and investors. They said, "I think there is a commercial opportunity here." At which point, I said, "OK. Well, let's see if we can make this happen." Really it was my eagerness to try to get something from prototype to reality that drove me into entrepreneurship. Larry: Wow! Lucy: Well, I suppose that the accidental entrepreneur is may be more common than we think. Larry: Yes. Lucy: You know for sure. Who influenced or supported you to take that path? It sounds like people, perhaps at CMU or in the local community who you had talked to, were encouraging you to take that technology outside the university. Who else influenced you? Shanna: I had a bunch of great mentors along the way. The very first one was somebody named Randy Pausch, which perhaps you've heard. He is famous for the book he wrote and the talk he gave called "The Last Lecture." He was actually the person who ran that class that I talked about Building Virtual Worlds. He was the reason I got into technology. He was influential through my whole course into starting a company and supporter all along the way for everything I was doing. He was one of my first mentors and I recommend seeing "The Last Lecture" if you've not seen that, because he unfortunately passed away from cancer a few years ago. But before he got sick, he was an incredible teacher. Another mentor for me was someone named Jesse Schell, very well- known in the game industry. He's done a bunch of talks on something called "Gamification" and he worked at Disney Imagineering and he's now a professor at the Entertainment Technology Center, he has a game studio. He was one of my early advisers, an adviser/co-founder when we started this company. He was somebody who really was there in the early days supporting me and encouraging me and helping me figure out how to get this company up and running. Very quickly after that, I met somebody name Jake Witherell. He had been a former entrepreneur who was a local person. He was just an informal adviser and guided me through all kinds of the bumps and chaos of starting a company in the early days. Then in the later days of the company, I moved from Pittsburgh where I started the company in the area of Carnegie Mellon. I moved out to San Francisco where I started working with venture capitalists and investors in Silicon Valley. There was one woman that I met out here who was actually a Carnegie Mellon grad as well. She was an accomplished entrepreneur as well as an accomplished venture capitalist. Her name is Cindy Padnos. She was an amazing mentor for me. She helped me establish myself out here. She connected me to people to invest in the company. She also connected me with lots of partners and lots of opportunities. A really incredible woman. Lucy: She is incredible. She has a venture fund that she's forming called Illuminate Ventures. She's just a fabulous person. Larry: All of these different things that you've done, graduating and starting your own business and getting acquired. What is the toughest thing that you've had to do? Shanna Tellerman: There's a lot of tough things when you're an entrepreneur. Stacking them up and saying the toughest one is a hard thing to pick, but I would say that actually it had to be letting people go. One of the toughest things that you have to do is manage a team. A team of people works best together when the culture and the environment is right. Oftentimes you'll hire somebody and they may be really talented or really smart or really good in some way, but they just aren't fitting. They aren't fitting the team or they aren't doing the work they need to do. To have to make the call that that person doesn't belong in the company anymore is the hardest call that I've ever had to make in my life. We've had that happen a few times. I really liked and respected the people, but the fit wasn't right. I just knew that that kind of a bad seed on your team can disrupt your progress. Lucy: I think too that generally the people themselves know that they're not a fit. They're going to be happier someplace else. That's what I always used to tell myself. "I'm doing them a favor." Shanna: You do think that. You think after the fact, I hope that their next opportunity really makes them look back at this and say, I'm glad that things ended and I'm glad I was able to move on, but in the moment it is such a difficult thing when the person is unhappy. I'm one of those people who really thrives on energizing people and getting them excited and making them motivated and happy. To deliver a message that's the total opposite is really difficult. Lucy: It is difficult. I think almost everybody that I had to let go ended up being the better for it and came back and told me so. Larry: There you go. Lucy: I can tell so far in listening to you that you have a great deal of passion about the technology and about energizing people and having a great team. What other kind of advice would you give a young person about entrepreneurship? What other kinds of things do you think are really important? Shanna: The first thing that's really important is just doing it. I think that most people stumble on the idea that they're not ready, that they're not prepared, that there's one more thing that they need to do first, the time isn't right, etc., etc. My personal feeling is if you've got an idea, you're motivated to make something happen of it, the best thing in the world you can do is go for it. You're going to definitely make mistakes. You're definitely going to fumble. It may not work out, but that's not the end of the world. It's really that journey and the learning experience that you get from it that's the most meaningful. The worst thing you can do is sit around and wait until everything feels like it's perfectly ready to go. Getting yourself out there and getting something started is the best thing that you can make happen. The other thing that I would say is surround yourself with incredible people. It's the people who have been around me that have made me who I am and have made these opportunities possible. I never could've done this on my own. I've always looked to a great team of people to work with, to a great team of people to advise me, to a great team of professionals to work with whether that be legal or whether that be HR or accounting, you look for people that you trust and that you know are going to be partners through what will hopefully be a long and very fruitful adventure, but could also be difficult and strenuous at times. Larry: Once again, you've been through a number of different things. I'm very fascinated by it, as well as your company. What are the personal characteristics that you have that makes you an entrepreneur? Shanna: I think entrepreneurs are generally curious people. They are people who get excited by the world and are excited by the possibilities of what they can do to change the world. They believe in themselves that they might have the opportunity to make that happen. I think there's a bit of confidence you have to build as an entrepreneur. There's a bit of fear of nothing. You have to believe that anything is possible and that your wildest dreams could come true. I also think you have to be extremely dedicated and extremely motivated because it's a lot of hard work. You need to focus and you need to get a lot done. You're probably the kind of person, if you're an entrepreneur, who has always over-committed or overdone everything that they've tried to do because that's just the personality that you have. But number one is really that curiosity or you're the kind of person who wants to explore and wants to try to make things happen. Lucy: I think that reminds me of the word "invention," too. You're curious. You take it one step. You see what happens. You take it another step and you just keep pushing forward with that relentlessness to really get it to move. You mentioned hard work and being dedicated. That gets us to our next question around having both a work life and a personal life. How would you integrate the two? Some people would even say balance, although I think we've come to realize that there is no such thing as balance in entrepreneurship. How do you address that in your own life? Shanna: Well I think the first thing is you have to love your work, because if you're an entrepreneur you're working a lot more than most people work. It does seep into every area of your life. If you don't like what you're doing you're not going to be very happy. That's the first thing I recommend. On top of that, I do think it's important to structure in balance. My first year or two I found that I was always on, I was always stressed, I was always anxious. I didn't really take time off for myself. It had a negative result. It made me more tired. It made me less focused at times when I needed to be focused. Eventually, by the 3rd or 4th year of my company, I started realizing on the weekends I need to take a good day or so where I'm not checking email and I'm not working, maybe even two days, which for an entrepreneur is a lot, but you need that time to rest and to get your mind off of everything going on. For me, I'm pretty active. I do that through sports. I've done triathlons. I've made a lot of friends out in the Bay area who also do triathlons. It's such a beautiful place to live in, the Bay area. There's so many places to explore that I just found being outside and being around people really rejuvenated me and put a lot of balance into my life. Larry: Wow, I could get tired just watching you, I think. Lucy: I think you might be an extrovert. Larry: Lucy, she does a lot of running too. Lucy: And I'm an extrovert: Larry: You have achieved a great deal for such a young person. I have to say that while you talked about the cloud and the things that you're doing with the company right now. What do you see is next for you? Shanna: I'd like to start something again at some point in my life. Right now I'm at Autodesk. I'm loving what I'm doing here at Autodesk. If it keeps going as it is today there's a good chance I will stay here because we're getting to start all kinds of things within the structure of a big company. I could also see an opportunity where something comes along and starting another company just makes sense and I dive into that and grow something from the ground up again. I'm pretty open. I usually let things come to me and roll in as they happen. I take the opportunity when something feels right to jump on it and try it out. Larry: Wow. I love it. Lucy: I think that's great. One thing I wanted to mention when you said that Shanna has accomplished a lot. I just have to give her a shout out for being named "Business Week's" best young entrepreneurs in 2009. That must have felt real good. Shanna: Maybe. Lucy: Yeah. One other thing too that I want to thank you for is your participation in organizations around women and computing and thank you for that. Great organizations like Astia, Women 2.0, Girl Geeks, etc. Thank you for your participation with those groups. They are most excellent. Thank you Shanna. We really enjoyed talking with you. Larry, do you want to remind listeners where they can find this interview? Larry: Absolutely. A couple of really neat places, ncwit.org, up there for sure, also at w3w3.com. You can listen to both 24/7. You'll see it in our podcast as well as our blog. Lucy: Shanna, thank you very much. Shanna: Thank you very much. This is definitely the area of passion for me. I hope that more girls do get into technology. I love opportunities like this. Thank you for having me. Lucy: Thank you. Larry: Thanks for being here. Shanna: OK. Thank you. Series: Entrepreneurial HeroesInterviewee: Shanna TellermanInterview Summary: Shanna Tellerman describes herself as an “accidental-entrepreneur” who turned a course project from Carnegie Mellon University into reality in the form of her first tech company, Wildpockets. The company focused on democratizing access to game development by providing a cloud hosted game engine. It was later acquired by Autodesk Cloud Services and Applications, where Shanna currently works as the Product Line Manager. Release Date: October 3, 2011Interview Subject: Shanna TellermanInterviewer(s): Lucy Sanders, Larry NelsonDuration: 20:42

tv ceo women director founders interview san francisco 3d silicon valley series pittsburgh ipads congratulations concept bay applications oftentimes photoshop national center information technology gamification carnegie mellon university businessweek stacking release date interviewer carnegie mellon autodesk rendering cmu cloud services interviewees audio files last lecture randy pausch disney imagineering datetime product line manager astia jesse schell illuminate ventures larry nelson entertainment technology center ncwit larry you shanna tellerman girl geeks preflabel larry yeah lucy it lucy you interview summary lucy sanders larry all
Interview with Niniane Wang

Play Episode Listen Later Sep 6, 2011 22:25


Audio File:  Download MP3Transcript: An Interview with Niniane Wang CTO, Minted Date: September 6, 2011 [music] Lucy Sanders: Hi, this is Lucy Sanders, the CEO of the National Center for Women in Information Technology, or NCWIT and with me is Larry Nelson from W3W3. Hi, Larry. How are you? Larry Nelson: Oh, I'm magnificent and very excited about being here. Lucy: Well we're doing another interview today as part of the NCWIT Entrepreneurial Heroes series with great women entrepreneurs, people who have started companies and all types of technology sectors and have told us fabulous sectors. I think today is going to be especially good because we have the pleasure of interviewing a Chief Technology Officer... Larry: Yes. Lucy: ...which we always like to do. Today we're interviewing Niniane Wang, the CTO of Minted, and it's a great site. I went there last night to take a look at it and immediately sent the URL to two people who I know are in the world of design. Minted is a start-up out of San Francisco and it uses technology to crowd source graphic design for a global community. It's really a great site. You can go there and discover the work of great designers from all over the world. They have design challenges. People who achieve a popular vote have their designs on stationery and invitations. It's just a really interesting process for getting great new designs out there. Niniane, super cool and fun. What a great site. She's got a great track record at Google and Microsoft and she's now the CTO. Niniane, tell us a little bit about Minted and what's going on there. Niniane Wang: Thank you for that intro. I'm really glad that you enjoy our site. I thought you did a great job of explaining our mission. I t's great to hear that. I joined Minted about a year ago and I've been so happy. I lead the technology team including the engineering and technical operations. As you described Minted is a growing community of graphic designers from all over the world. We crowdsource designs for them in contests. The top ones are then sold on our site as templates where other people can customize and purchase anywhere from business cards, calendars, notebooks, wedding invitations, holiday cards, stationery, anything that has a design and is printed. I'm just very happy to be working with the amazing team here. It's a group of super-capable people who are very passionate. I feel lucky to come in to work every day. Lucy: Well some of our listeners might not know what a CTO or a Chief Technology Officer does. Why don't you say a couple words about that? Niniane: Basically the Chief Technology Officer manages the strategy and execution of technology within the company. For us, it is web software as well as operational software, in terms of keeping the website experience very usable, making sure that the [indecipherable 00:02:57] graphic designers that we service, as well as our customers, will have a world-class experience that is fast and able to help them achieve their goals. Then after orders are placed making sure that the software that lets each order be reviewed by a graphic designer will work smoothly, and then the technical operations of keeping our servers running on our site and internally. Lucy: That's a great job.  Larry: Yes. Niniane: For all of those things I lead the day-to-day operations as well as setting long-term strategy and vision. Lucy: Well, and that gets us to our first question around your experiences as an entrepreneur. How did you first get into technology? A follow-on question which I'll ask just right now, as you look out on the landscape today at technology, which ones do you see on the horizon that are particularly interesting? Niniane: OK. I got into technology by programming in BASIC when I was 5. It was very serendipitous. My parents had immigrated to the US so that my dad could get a Ph.D. in math. They didn't have a lot of time or money and they bought this game console from Radio Shack because we couldn't afford like a Nintendo. We just bought this Radio Shack game console, but it happened to have a BASIC interpreter on it. If you didn't have any game cartridges you could write BASIC programs. They came with a book of BASIC programs. I would just start copying in the programs. It was very visual, so all the programs basically looked like screen savers. They would be lines or triangles, some of the times the triangles move around the screen. I just amused myself this way. I think that learning has to be fun. It was very rewarding and a lot of instant gratification to type in something. I couldn't type yet, so I would just peck and take a really long time to tap in the program, but then getting the visual result was so wonderful. Actually, when I was eight, I went and took this beginner programming class. Then I discovered that I already knew how to program from typing in these BASIC programs, but I didn't know that that was what I was doing. Then once I had learned that throughout growing up, we encountered various people like grad students that my parents knew who thought it was fun to teach me other programming languages. In their spare time, they taught me LISP and I would play around with programming. I think most passionate programmers that I know started doing it because it was so fun. Lucy: You know, I wonder how many programmers got their start out of Radio Shack. [laughter] Lucy: I remember going to the Radio Shack. Larry: At five to eight years old, yes. Lucy: Yeah. What's your crystal ball reading on the technologies of the future. Niniane: Well I'm really excited by the Kindle, for one. I think it's changed the world of books and of publishing and made it accessible to people instantaneously. I've bought ten times as many books because of the Kindle. I carry my Kindle everywhere. I'm excited by disruptive technologies like that. Also for me personally, I like more artistic technologies, things that are very beautiful. I like a lot of these photo apps that have come out recently and a lot of the ways to use technology to create beautiful movies, beautiful modifications to peoples' existing videos and photos and being able to share that easily. Larry: Mm-hmm. Lucy: I like the Kindle too. I just got to hold one for the first time. I'm a little behind. Larry: Mm. Lucy: They're really excellent machines. Larry: She's always on top of things. [laughter] Niniane: Yeah. I guess in this vein I think human-generated content is becoming more and more critical. First we saw user-generated web pages. Then we saw proliferation of user-generated social information, updates of what people are doing. Then photos, statically, and videos, and now I think we are seeing more proliferation of people creating art. I see that as one of the most personally exciting movements that is coming up, of people creating... On Minted, they create these beautiful graphic designs, and I think, all forms of art, like the Kindle, allowing people to publish beautiful novels and works in writing, programs like Instagram, allowing people to share their beautiful photography with each other. A lot of interesting sites cropping up that now that we have passed the survival mode of people sharing functional information with each other, now we're going into, you could say the Golden Age of people sharing beautiful art with each other. Larry: Now I know you're a CTO, but what is it about the entrepreneurial spirit that makes you tick? Niniane: I really like being able to make fast progress. We sometimes have ideas that we then execute within a day, or even a few hours, we can start making progress on those ideas. This time between having an idea and to when it's live in our sight can be very short. I find that very rewarding. Larry: Mm-hmm. Niniane: There's a lot to do. The whole company is rowing one boat together, so people's interests are aligned. It's all about making fast progress toward a really passionate vision that everyone shares. Larry: That's great. That is super. Lucy: Well I think the thing about fast progress is really, we hear that a lot. It's the ability to decide and move I think that a lot of people really like about the startup companies. Niniane: Totally. Lucy: Yeah, absolutely. Niniane, who supported you or led you into this entrepreneurial career path? I know you had experience with larger corporations and you chose to then come to a smaller company and help it get its footing. Why? Niniane: Well I was surrounded by many people who have chosen to join a startup or create a startup. Many of my ex-Google friends have started their own startups and were able to talk pretty candidly with each other. I think that many people, too many to list, have really benefitted me by being honest with their own experiences and by showing with their own example how fulfilled they feel by being able to turn their vision into reality and to have a large impact on their startups. Larry: All right. I've got another tough question for you. Lucy: [laughs] With the word tough in it. Larry: With the word tough in it, yeah. Lucy: [laughs] Larry: What is the toughest thing that you've had to do in your career? Niniane: There are actually a couple of things that I would say have both been very tough, both around projects ending in a way that was less successful than I would like. When you work in large corporations, sometimes projects will get cancelled. I would say that project cancellations would be the toughest things that I've experienced, both in my own having to come to terms with accepting that certain visions will not be carried out, and sometimes then having to be the extension of carrying that out even though it's very painful for me having to then carry out the ramifications of that decision. I think that the cases that I can see how events led and my own actions contributed as well. I can see the responsibility that I and the circumstances and other people combined to lead to these projects ending prematurely, but it's always a very painful thing because I tend to really put my heart into the project and fall in love with it. Having something end is like divorce or like your spouse dying. [laughs] It's a very painful process, but I think that that's what happens when you take risks. Overall, I recognize the necessity and I can self-reflect and think about what I can do better in the future. But at the time it's always a very challenging experience. Lucy: I just so resonate with that. My background is in R&D at Bell Labs. That was a very painful part of being on leading-edge projects because they technically could be wonderful, but also ahead of their time or people didn't know how to sell them or the population not ready or perhaps technically they just didn't come together. But, really great technologists do fall in love with their projects. T,hat's what makes them great. Niniane: Yeah, except the fact that then have to tell other people that have also fallen in love with it either users or other team members who are equally in love and who are pleading to have it go on, to be the person to tell them that it cannot, when I myself am also grieving. I think that is also very challenging, but it is a learning experience. Lucy: It is an essential component of leadership, unfortunately, for sure. Well, if we had a young person on the phone and pre-career and you were giving them advice about entrepreneurship, what advice would you give them? Niniane: I would give two pieces of advice. The first advice is a quote that says "Never compare your insides with someone else's outsides." [laughter] Lucy: Say that one more time. That's great. Niniane: The quote is "Never compare your insides with someone else's outside." Lucy: OK. Niniane: The idea is that inside we're all feeling bad or nervousness, or we might be having some tension with someone we're working with that we're working through, but it's causing us stress. From the outside, we all seem perfect and completely on top of everything. If you are looking at somebody from a distance, if you are basically looking at their PR around them, you're not going to see all of their human foibles that they share just like everyone else. What can happen is that, especially as an entrepreneur, you're going through so many challenges and taking risks. If you just look at other people from a distance you won't see they're going through the same thing and you'll feel isolated. It helps if you have some close friends who are going through similar experiences that you can talk to and talk candidly. If you just talk to distant acquaintances, they'll always say things are going perfectly and everything is wonderful. It's important to have close friends you can talk candidly with to feel more supported. The second piece of advice I have is go read a book that I recently read. It's called Touch the Top of the World. It's by a man named Erik Weihenmayer. It's an autobiography. He had an eye disease as a child, and he went blind by age twelve. At first he really struggled and felt victimized and felt, "why me?" That it's so much harder for him to do something basic like walk down the hall. But, then he started to be action-oriented and to learn how to triumph despite this adversity. He started doing wrestling because it's a close contact sport. Then he started doing rock climbing. He then went on to climb mount McKinley. Then he summitted Everest. Now he has become the first blind person to climb the seven summits which is the tallest mountain on each of the seven continents, including Antarctica. Lucy: Wow. Niniane: I read this book and I felt so inspired that this guy went blind and instead of, "Oh I'm going to wallow in feeling disadvantaged in feeling that it's so easy for other people to see the path up a mountain and walk up it," whereas he has to use poles and he has to devise these systems to use sound and to have his climbing partners wear bells and all these complicated procedures, he chose to triumph through them and be action-oriented. I felt really inspired because I think all of us feel disadvantaged in some way. You can either be a victim, I've heard women say, "Oh it's so much harder for women and men do this they get away with it, it's so much more difficult." Or people will say, "I'm so much younger people won't take my seriously," or "I'm much older people think I'm obsolete." Everyone has some way that they feel that it's so much harder for them than for most other people. We could either allow it to paralyze us or decide that we will take the actions necessary to deal with that. That is so fulfilling and inspiring to other people. I think that for me, reading this book and seeing how he actually... All these examples of the painful but fulfilling challenges he went through. I see a very interesting parallel to entrepreneurship. I highly recommend it. Lucy: Wow. Fabulous. Larry: That's great. Now, you've been with huge companies. You're now CTO at Minted. What do you think your personal characteristics that given you the advantage of this entrepreneurial spirit? Niniane: A couple of things come to mind. One thing is a tend to do thing because I love them. Not because I think it would be best for my career or because it will impress other people or it will great in five years, something like that. I think that I really follow my heart. Sometimes nervously. [laughter] . But, I really fall in love with my work. It's very hard for me to do work that I'm not in love with. I think that it actually makes a lot of things easier. Because your gut will help guide you. I really believe in Minted's mission. I think we are helping graphic designers all over the world find an outlet for their talents and be able to get community and make money from it. We are helping consumers find excellent unique designs. Being in love with that mission and with the missions of previous projects that I'm working on really make things easier. It makes it possible to travail all through the inevitable bumps that come along the road because you're in love with what you're doing. Just like when you're in love with your child, it's much easier when your child gets sick. I think that has helped. I would say that the second thing that I have found helpful is the throughout my life there were incidents where people told me certain things were impossible or that I would regret doing them and I'd did them anyway and then they were great. [laughter] Lucy: [laughter] Good for you. Niniane: I skipped three grades when I was growing up. I graduated high school at fourteen and I went to CalTech and graduated CalTech in Computer Science when I was eighteen. A lot of people told me it was going to be bad in so many ways and that I'd be socially outcast or I would romantically have trouble or various gloom and doom predictions. Even along the way, as I wanted to take more advanced courses or start taking college courses when I was in junior high or whatnot, people had all sorts of predictions about how it'd be so bad for me. I felt like they all were not true. They did not come to pass. Seeing so many people say that things were impossible or they would have these bad repercussions and then have them turn out totally false makes me skeptical when people say now that something is not going to work. I think being a woman in a predominantly male industry there are sometimes people who will say similar doubting statements but to me know I'm used to ignoring that tone of prediction because, in my experience, it tends to not come to pass. Lucy: The thoughts are just a downer, right? I mean [laughter] , it just like go away and keep those remarks to yourself. Larry: I have four daughters and they say the same thing. Niniane: Yeah. Lucy: You've mentioned a few times about being in love with your work and it really comes across in how you speak about your projects and about Minted. On the other side of it though, we often have to, should be blending at least a little of our personal time in with work. How do you handle that? The demands of a startup with really being able to hang out with the friends and the family that mean a lot to you. Niniane: I think it's actually a similar philosophy which is do what you love as much of the time as possible. It doesn't necessarily mean you won't do grunt work, because just like with my analogy with the child, if you love your child you will be doing things you don't particularly enjoy like driving them long distances. But, my philosophy is to spend as much time as possible doing things that I really love, whether that is work or picking up a hobby or reading. I love reading on my Kindle. [indecipherable 00:19:51] whatever that is, I think it is good to spend as much time as possible on it. I've actually seen some research that if you focus on what you like to do, what you really feel passionate about doing that you will then become more successful at it because your mind is focused on it a lot. You will gravitate towards things that you are strong at. I think it's actually when you do what you love, it becomes much easier to blend personal life with professional life because you're not gritting your teeth doing something you don't love and then finally being able to go and do other things that you do love. Or trying to stuff down your instincts to stop doing something that you don't enjoy. I think that when you love the things you're doing, it actually becomes much easier to switch between them or to decide how to allocate time between them. Lucy: That's true. Larry: That is absolutely true. You know, Niniane, you have accomplished so much. You've done a great deal with the big companies, which you're doing now. What is it you think you're going to be doing next? Niniane: Well I was intending to keep doing, just keep following my heart and doing what I love. For the foreseeable future we are doing some really exciting things as Minted and making, building off the successes the site has already had to be able to expand this vision and enable more graphic designers and get our designs out to more consumers in various methods. I know some people like to have a five-year plan, a 10-year plan but I actually feel like the best opportunities of my life have come by being open. I wasn't really looking to switch from Microsoft to Google, but I felt that joining Google would be a good experience. I try to just stay open and listen carefully to my gut and then keep doing things that I enjoy. Lucy: Well we can't wait to see what those things will be. Larry: Nope. Lucy: I just think that Minted is such a great thing. Niniane: Thank you so much. I really enjoyed this interview. Lucy: Well we enjoyed having you. I want to remind listeners where this is. Although they're listening to us I guess they'd know where it is, but they could pass it along to others. Www.ncwit.org and Larry: W3w3.com. Lucy: Thank you very much Niniane we really enjoyed that. Larry: Thank you. Niniane: Thank you so much. Series: Entrepreneurial HeroesInterviewee: Niniane WangInterview Summary: Niniane Wang began programming in basic on a game console from Radio Shack when she was just five years old. Now serving as the CTO of Minted, Niniane has come a long way in her technological pursuits. Release Date: September 6, 2011Interview Subject: Niniane WangInterviewer(s): Lucy Sanders, Larry NelsonDuration: 22:24

ceo women world google interview pr san francisco microsoft fall in love series touch nintendo basic concept mount everest cto kindle antarctica golden age computer science www fabulous wang national center information technology chief technology officer release date interviewer caltech radio shack interviewees bell labs audio files lisp minted erik weihenmayer datetime larry nelson ncwit preflabel lucy it lucy you interview summary lucy sanders larry all lucy they
Interview with Stephanie Boyle

Play Episode Listen Later Aug 29, 2011 22:07


Audio File:  Download MP3Transcript: An Interview with Stephanie Boyle Founder, Rogue Paper, Inc. Date: August 29, 2011 [music] Lucy Sanders: Hi, this is Lucy Sanders. I'm the CEO of NCWIT, the National Center for Women in Information Technology. We're working hard to make sure that more girls and women are introduced to the exciting potential of computing education and career paths. Part of what we're doing is this exciting interview series with women who have started IT companies. They're fabulous entrepreneurs. They all have such interesting stories to tell. today we're going to interview another one, Stephanie Boyle. With me is Larry Nelson from W3W3.com. Hi, Larry. Larry Nelson: Oh, it's really a pleasure to be here. We like to focus, of course, on business and high technology with a special emphasis on young girls and women in technology. NCWIT has been doing a marvelous job. We're happy to be a part of it. Lucy: Well, and thank you very much for all the support that you give us with this excellent interview series. Now let me say a few words about Stephanie Boyle, the person we're talking to today. She's nothing less than a pioneer in the mobile Internet space as far as I'm concerned, having first helped shape the area as a founding member of Ericsson's Digital Media Innovation Center. Big brain thinking going on in this center, and it really helped to shape the whole mobile area. Now she is the founder of Rogue Paper, and she and her team deliver integrated mobile experiences to users. Now in the old days we used to call this convergence, but there's really a whole lot more exciting language and capability around the space today. I'm sure that Stephanie will be talking about that. But some of the things you can do now with the things that they're working on with Rogue Paper around co‑viewing a TV show and interacting with social media at the same time and integrating all of that. You're thinking, "That's really cool real‑time experience." But wait. There's more. You can actually do it with a rerun, where you can experience the whole power of what people said about the show or whatever movie and do it even when you are replaying or rerunning it. Just really interesting types of interactions going on right now and certainly leading to more engaging experience for viewers. Stephanie, wow! You've got a great company. Tell us a little bit about what's going on here. Stephanie Boyle: Thank you. Rogue Paper, we really started the business a year and a half ago with the mission of using mobile applications and technology to help enhance and drive traditional medium broadcast. Basically we are self‑proclaimed "TV‑holics"... Lucy: [laughs] Stephanie: ...and recognized [laughs] that we really wanted to not only watch television but really interact with the social sphere while we're watching these shows, that the content goes beyond just the primary screen. Really there is a second screen opportunity that can be interactive and augment the primary screen. There's a lot of really bad television being watched, but then [laughs] along with a lot of our guilty pleasures, which makes our jobs definitely a little bit more fun. But we really focused on how can we make the primary screen of television an interactive experience for users on the second screen, whether the second screen is a mobile device, a tablet, a desktop experience, or other things? We're trying to provide the users with second screen interactive content but then also provide media companies a way to reach these people already multitasking, who are already texting with their friends or IM‑ing or posting to Facebook or tweeting about what they're watching. It's really trying to bring the experience together as one single destination for a viewer and for the media companies to really have a holistic double‑screen experience. Lucy: That's really phenomenal. OK, I have a lot of guilty pleasures with TV, too. [laughs] One of them is American Idol, right? Stephanie: Right. [laughs] Lucy: When people are performing, and then people are tweeting or they've got things to say later in the blogs, and it's just not as much fun as if you could see it right then. Stephanie: Yeah. Well, and if you think about it, television has always been a social experience. It started in the 1950s. Maybe one or two people on a block had a television. It was really event driven. The people would come and sit together, and watch whatever was on the television and really talk about it together. Then as the technology innovations and as even socio‑economic things happened, we had VCRs and all of these second screens in the home, second televisions in the home, if you go into the seventies and eighties. Then the conversations started moving around the water cooler, so it was where people aggregated. It could be eight hours, 10 hours, 24 hours after the show aired. In the last two decades this has really moved into a digital landscape. I would say in the last five years or so it's really become back to real time because people aren't sitting together anymore. They're actually on their sofas or tweeting or talking, texting, or instant messaging. All these different mediums, but it's all really because, as a medium, it is social. Lucy: Yes, it certainly is. I remember the first time I saw a color TV in my neighborhood. It was Halloween. Larry: Oh! Lucy: I know. Stephanie: [laughs] Lucy: I was trick or treating. Anyway, back to you, Stephanie. Why don't you tell our listeners a little bit about how you first got into technology? Stephanie: Yeah. I was always interested in systems and the way things interconnect. I was of a generation that there was one computer in our elementary school to having them in high school and later. But wasn't necessarily as intrigued with the computers themselves as I was with the Ataris, the ColecoVisions, [laughs] the computer systems that we had at home that really could help me build games or play games. But always interested in how the systems worked and how people interacted with them. Actually, my mother was the first person to show me a computer in a way where she took it apart and had me put it back together. Lucy: Oh, that is awesome. Stephanie: Yeah. [laughs] While I'm not a digital native, I was exposed to technology as something that could be deconstructed to learn about and then put it back together. It definitely eliminated fear for me. It's always something that I felt was accessible, interesting, and intriguing. As time went on, I'm self‑taught in a lot of ways because of that because if I don't know how to program in HTML5, I'll have somebody [laughs] do it for me. Then I'll take it apart and try and change it and put it back together. But definitely I look to my mother as the person who eliminated that "technology is this strange and new" thing and made it instead something that was tangible and interesting. Larry: I wish I had known you a number of years ago when we needed something put back together. [laughter] Stephanie: Right. I remember being intrigued by this whole concept of my mother showing me the mother board in the computer. [laughter] Lucy: That's great. Stephanie: [laughs] I didn't really believe her that that was what it was called. Larry: Being the father of five I thought it should have been called a father board. But anyhow... Stephanie: [laughs] Larry: You've been through a great deal. You're really building an interesting company. What is it about entrepreneurship that makes you tick, and why did you become an entrepreneur? Stephanie: Well, it's really interesting. I think the most exciting part of being an entrepreneur is the infinite blank canvas. Even when you have a product, an idea, a customer, anything, the next steps are never really clearly defined. Persistent problem‑solving and adjusting can be exhausting, but overall for me it's invigorating. It's how do we get to the next step? How do we keep moving forward? What ways do we need to be nimble and still meet our business objectives, our product objectives, our client objectives, the user objectives? It almost feels like the future is so undefined, and in that way I feel like it's really exciting. I often liken it to building a bridge while you're walking over it, which, of course, scares our business people to death. You should build a bridge on a [laughs] stable foundation. But what I mean by that is being an entrepreneur often allows you to be nimble enough to defy gratify and space as necessary. You're moving forward, but the future is undefined and you are still defining it. Lucy: Well, you're inventing it. I mean entrepreneurs are great inventors, right? Stephanie: Yeah, definitely. It's so exciting. Right now we share an office with actually four other startups. The collective energy is so interesting, just watching teams work together and just the steam coming off [laughs] the teams. It's exciting, and some of the things they talk about doing I think are impossible. I'm amazed at how those can be executed. Lucy: Well, now Stephanie, you mentioned your mother as having influenced you, really built your confidence, took the fear out of approaching technology and understanding it. Who else has influenced or supported you on your entrepreneurial career path? Stephanie: There are so many. I wish I had time to name them all. I can tell you the very first person who helped me grow as an employee or an executive or as a contributor to a team was by boss at Ericsson. Her name was Donna Campbell. She's a founder of Ericsson Cyberlab that was Ericsson's Digital Innovation Center. Donna had a very good and healthy way of looking at growth. We have a job that we have to do to make the trains run on time every day, but beyond that take time to learn more about this exciting new area that was mobile Internet or this new thing that has been so undefined because Telco previous to that the only content that existed was voice conversation, that people were talking to each other. It was just a voice channel. Then we were really looking at this next generation, which included data applications, content, anything. While we had all of our jobs to, what we would say, make the trains run on time, whatever that job was, she really challenged us to always think about learning about this new space and helping to define it. I sometimes even just with our team or our employees, I think I hear her voice in my head encouraging them to be as creative and also forward‑thinking and less constrained, that all ideas are really good ideas. Larry: I'm curious. With all the things you've done so far, not only with Ericsson but now with this newer type startup, what's the toughest thing that you've had to do in your career? Stephanie: [laughs] To be perfectly honest, it's probably less about my career itself and more about my personality. But I really believe that the toughest thing was really to learn to listen. That is in a big organization. That's with your own staff, employees, and partners, with your customers, with anything. I mean it's very easy to believe that you know what is the right way and to feel confident in your decisions and to try and push those things forward if you have a little bit of a bulldog personality, which I have. Still, I think the hardest thing for me to do is to really take a step back and realize that not only are all opinions really interesting and can spark new ideas for a collective group, but that you have to pay attention to what people are saying, and really listen. While that shouldn't be a tough thing in a career path, I think it adds growth as a human being, and applying that to my career. It's something I also believe that Donna really taught me, was that while maybe in the end your way is the right way, there are five, ten other people who can contribute and make it a better thing. Larry: Stephanie, we love your candor. Lucy: I have to say that this is such an important point. I can remember when I worked at Bell Labs that we took some amount of our imagination from "Rolling Stone Magazine." Who would figure? Stephanie: Right. Very cool. Lucy: Yeah. Around what we were doing with multimedia communication interfaces, and it came through this person who was sitting on the beach one day reading "Rolling Stone" on vacation. He brought the idea back to us at the Labs, and we at first didn't listen to him. Then we read the article. [laughter] Stephanie: It's interesting when you're really thinking about working through multimedia and technology, it's very easy as technologists to come from, "Well, this is the way it should work." It's really hard to think about, these are the other people on the value team, the people who create music. When you're thinking about all pieces of the value chain, it's really easy to focus on the technology. It's hard sometimes to remember that not only are, maybe, music companies involved, or people who listen, or all the other pieces along the way, to really bring them together. It's sometimes hard to get out of the tasks that we're doing today and think about the holistic view of the ecosystem. Lucy: I'll tell one other quick little story. At Bell Labs, in my organization, we finally realized that the Internet was real when a woman appeared on "The Donahue Show." Remember "The Donahue Show?" Stephanie: Yes. Lucy: OK. The sensation, of course, much more plain than it is today on some of those shows, but the sensation was that she was getting divorced because she had been talking with some other man on the Internet. They did a whole show. [laughter] Lucy: Stephanie, if you were sitting here with a young person and giving them advice about entrepreneurship, what advice would you give them? Stephanie: I actually think that the best advice I could give to anybody would be to take time to learn, to go and do internships, to find the salty dog in the organization who isn't always the oldest person in the organization, or the person who might be a little contrarian. Find those people and really learn about how you can work with them and how you can support them in all of their issues. I think internship is so important. I think coming to an organization with ideas is amazing. I think learning to collaborate and gain consensus amongst a huge number of people who are key influencers within the organizations are really, really good ways to learn how to contribute. I think becoming an intern in a larger organization, or even a smaller organization, and then making sure you touch all points of that organization, gives you a view of how an entrepreneur has to live. Some days I write business cases. Some days I do contracts. Some days I deal with end users. Some days I deal with angry clients on our side. Some days I'm troubleshooting why the applications have bugs in them. Really taking time to learn all of the aspects, all of the people in an organization, helps later to learn what it's like to be this utility person, which is all entrepreneurs. Some days you're accounting and some days you're dev, and all places in between. I think the best exposure is either (A) working in a big company where you intern, or working side by side with other entrepreneurs who pick up the six different hats a day, or even in an hour. Larry: I know a coming out of Ericsson and all, and that was great experience, but what is it about you personally that gives you the advantage of being an entrepreneur? Stephanie: I think I mentioned this a little bit earlier, but I am a little bit of a bulldog. I think when people say that people are like their dogs, I have a very, very, very adorable and stubborn French bulldog named Weesie. I think we share some characteristics, in that when we I want to do something, or think that it's something that is good for the company, or for end users, or for the organization, I can't let it go until we get there. Whether we have to take five different routes to get to the same place, I really think that having a vision and sticking to it, but not sticking to how you get there, is really important in being an entrepreneur. To be flexible and learn how you can do it differently, or any of those things is really important, but just owning what you want to do and, hopefully, the outcome is really important. I think as a characteristic, and while I don't necessarily want to be considered a puppy with a sock. I am sometimes gnawing on that sock until we really can get to the vision. We're flexible enough to think that the vision can change over time and evolve. Definitely, especially within Rogue Paper, because this is a business we wanted to build, to make TV exciting for viewers, but then also just to help media companies to engage with their users and also to drive their core business, which is broadcast advertising. Really thinking about how to keep bringing eyeballs back for them. We'd done a few things to get it to change as time goes on. But I think definitely we always stick to this vision that we really think mobile can help drive traditional media. Lucy: I think it's great advice to think about sticking to your vision and being flexible with the way you get there. That's a powerful piece of advice. Changing gears just a bit, you're very busy, obviously. You're working hard on your company. I'm sure you have a wonderful set of friends and family around you as well. Larry: And a bulldog. Lucy: And a bulldog. [laughter] Lucy: How do you bring balance into your personal and professional life? Stephanie: It is very difficult. It's one of the bigger challenges, I would say, that most entrepreneurs have. I think the most successful are those to whom work is play, to some degree. If you love what you do and it bleeds into your personal life, it's not necessarily a hassle to do that. It's still that you're so excited about what you're doing and you're consistently thinking about it. In that way, there is not a huge difference in work life in terms of happiness. It's exciting to work at work, it's exciting to think about it afterwards. But it's interesting. Every company has growth phases. There's an innovation phase. You go through these big bursts of time when the focus gets really hard. I have an agreement with people in my personal life that in those two or three months, or in this growth phase, that I might be checked out a little bit. Then after that period goes, or after we solve a big problem, then I'm back at the dinner table and being an active participant in life. I would say it's not a burden on me, but it can be lonely for the other people in your life. Fortunately, the bulldog doesn't really notice as long as you throw the ball. [laughter] Stephanie: But it is a challenge. It's something that I watch people do around me. My business partner and co‑founder, she works nine hours a day full time, really hard during those times. Then she's able to really turn it off afterwards. It's something that impresses me and I admire, but at the same time, my brain is going at all times. I don't necessarily turn it off as well, or go as intensely during the day, but it is definitely one of the bigger challenges. But I would say in partnership, we just have to have agreements that this is a head sound period and I'll be back in two weeks, and a better participant. Lucy: I think that's an important point, that you can in fact give the people who are around you a heads up that this is going on and that you will be back. Stephanie: Right. I think it's definitely something that I learned through relationships and friendships, that what was scary was just going away, even though I knew I'd be back. Lucy: Right. Exactly. Just that simple communication seems like a pretty good tool for one's tool chest. Stephanie: It's not acceptable to miss birthdays and big events, but for the daily check‑ins, or the high‑intensity communication, I just kind of wave my hand and say, "OK, I'll get back to you in a couple of weeks. We're really powering through something." Larry: Stephanie, you might want to check with your mother before you answer this next question. [laughter] Larry: That is, you've already been through and done a great deal. What's next for you? Stephanie: Rogue Paper is actually my third business. The first one is really focused on technology. I actually taught Pilates and had Pilates studios. My life has changed in these big ways. Going back to what we were talking about earlier, that was a system. Pilates is a system, the human body is a system. I was always intrigued by that. This technology, co‑viewing and television, it's applying the same framework to a different type of thing. I would say I'm so excited about Rogue Paper. We're still just about a year and a half old. I feel like we're just really at the precipice of some really interesting things that we can do for media companies and for users. I think mobile penetration is really getting bigger. It's hard for me to think about too much of the future. Maybe I'm a little too comfortable with ambiguity, but I feel like there's so much I want to do now that is at the intersection of mobile media and entertainment. We're really excited about growing. I'm sure my mother would say, "children." Larry: [laughs] Very good. [laughter] Stephanie: "Grandchildren." Lucy: [laughs] Thank you so much for talking to us. You have such a great company, very interesting work. We wish you the very best for the future. We'll be watching, both from a business perspective, and probably we'll be using your technology as well. Stephanie: That is so exciting. Lucy: Yeah. Really. Thanks very much, Stephanie. I want to remind listeners that they can hear this interview at w3w3.com, and ncwit.org, as well as all the other interviews that we've done. Larry: You betcha. Thank you very much, Stephanie. Stephanie: Thank you. Have a great day. Lucy: Thank you, Stephanie. [music] Series: Entrepreneurial HeroesInterviewee: Stephanie BoyleInterview Summary: As a self-proclaimed “TV-holic,” Stephanie Boyle founded Rogue Paper, Inc. to use mobile applications and technology to help enhance traditional media broadcasts and create an engaging double screen experience for viewers. Release Date: August 29, 2011Interview Subject: Stephanie BoyleInterviewer(s): Lucy Sanders, Larry NelsonDuration: 22:06

tv ceo women halloween interview internet french series rolling stones concept pilates american idol labs persistent women in tech national center information technology boyle release date interviewer ericsson women in technology grandchildren rolling stone magazine html5 telco interviewees bell labs audio files vcrs ataris datetime larry nelson stephanie yeah ncwit larry you stephanie it stephanie well stephanie thank preflabel stephanie there lucy how lucy oh stephanie yes stephanie right interview summary lucy sanders
Interview with Sarah Lipman

Play Episode Listen Later Aug 15, 2011 16:44


Audio File:  Download MP3Transcript: An Interview with Sarah Lipman CTO, Power2B Date: August 15, 2011 [musical introduction] Lucy Sanders: Hi this is Lucy Sanders. I'm the CEO of NCWHIT or the National Center for Women and Information Technology. Were working hard to make sure that more girls and women are pursuing computing education paths and careers. This interview series is extremely important to us. Were interviewing fabulous entrepreneurs, women who have started technology companies and asking their advice about entrepreneurship. Were very excited about this series. Today were going to interview a technical visionary, I'm very excited about this. With me is Larry Nelson w3w3. Hi Larry! Larry Nelson: Hi. I'm really happy to be here. I always like visionaries especially in this area. Anything we can do as it relates to business, technology and women getting into technology really turns me on. Lucy: Well listeners will be able to find our interviews at ncwit.org as well as w3w3.com. The technical visionary that we are interviewing today is really big into 3D Technology and the human interactive interface. Her name is Sarah Lipman and she's the cofounder and CTO of Power to Be. These interfaces I'm sure our viewers know are so important and there really such leading edge technology happening there. I've brought along the Power to Be mission statement. This is awesome I think we should adopt this as our mission statement. "Power to be is a creative workshop dedicated to generating radical innovations in human experience at every level of daily living." Larry: I love it! Lucy: I know that Sarah will have a lot more to tell us. Part of what they've done is a innovative patent around 3D touch-screen technology. Their beginning to imagine certain interfaces for these devices where they can actually look at natural body language, and present things based on Larry sitting up straight. [laughing] Just based on how you are behaving. Sarah welcome were very happy to have you here! Sarah Lipman: [over the phone] Thank you. I'm really excited to be with you. Lucy: What's going on at Power to Be, give us a sense about that? What are you up to? Sarah: Power to Be is unbelievable. It's a technology that replaces the traditional touch-screen. It's a fraction of the price. It provides coordinates not only in the x y plane, meaning when you touch the screen, even when your not quiet touching the screen. So it can track you before you even touch the screen. An easy way to envision the difference is if I were sitting across the table from you and you saw me reach for a salt shaker you might push it towards me, because you could see me coming. You don't need me to touch the salt shaker to know that's what I'm aiming for. If your smartphone or your tablet or your laptop or your TV could see you coming, then it can start bringing you what you wanted even before you start touching it. Given the amount of data, number of applications, the amount of content that were holding on even very small devices is a very profound change and how we can interact with our content. Lucy: That is really interesting. Before I get into the first question about how you got into technology, tell us a little about other technologies that you see that are cool. As a technologist it's a especially interesting question to ask you. Sarah: Certainly the whole issue of embedding sensors into all kinds of devices and products and objects. So that they can be more aware of us and responsive to us. That device to device communication, so it can be passed along, I think we haven't even began to scratch the surface of what we could create. Now I'm not talking about sentient computing or anything like that. Just devices that can be intelligent. They can see what your doing and understand where your going. Lucy: Wow, that's amazing. Is that the same kind of technology that you might start to see in buildings and so forth? Sarah: I think it's just going to be everywhere. In buildings, it's going to be in coke cans, it's going to be in laptops and cell phones and makeup and refrigerators. It's going to be everywhere! Because there's no reason why with all the data we give off in terms of body language, in terms of intention, in terms of history. There's no reason to still be using the old algorithms of algorithm principles for predicting peoples behavior. You don't need to predict it based on statistic's, predict it based on what the persons doing now. You'll have a lot more accuracy and it'll be much more fluid. That kind of magical feeling when something just works right. Lucy: For you! Larry: Yeah I Love it! Lucy: I love it! OK, so one more technology question then will get into the interview. Tell me about makeup? Sarah: [laughing] That was just a generic example. I certainly would not mind my makeup reordering it's self when it got low. Lucy: Me too! Sarah: [laughing] I have traveled all over the world, like alot. There was a long period of time were I traveled every four weeks or every six weeks. I used to pick up makeup foundation in different countries and it never matched. In the middle east it had this present undertone and in japan it would have this white undertone. I went crazy, it's like stupid things that's what the Internet's for! No I could never catch up with what I needed. [laughing] Lucy: [Chuckling] That's amazing Larry: I bet it'll even cover up spots that you've miss. Sarah: [laughing] Larry! Lucy: That would be good too! Sarah, why don't you tell our listeners a bit about how you first got into technology? Sarah: I was so excited by this question! It made me really think "What's my first memory of technology?" It's a Rotary phone. The rotary dialed, this old lady came in, installed it, put our number inside and I was so fascinated I must have been three years old. I spent hours playing with the rotary dial, trying to figure out how it work, how it dialed. Why when you dialed the two it didn't take very long, when you dialed the nine it took forever to get it back to being able to do that. That whole product, that whole interface is just so fascinating to me! Then in first grade, I was having these conversations with friends about why these new touchpad's had a pound key and a asterisk, speculating about what they may be for. One friend said, "In the future it'll let you call somebody back if the numbers busy when you dial!" That was just so far out it was hard to believe. Then calculators keypad goes the opposite way of a phone keypad. I'm just so excited that you asked this question, it's the first time I've realized I've gone full circle! I was fascinated by phone interface when I was three years old, I'm still fascinated by it now. I'm totally memorized, I guess I never really changed. Lucy: Who knew the rotary phone would have such a impact? Larry: That's a fact! And then remember... Sarah: [laughing]: Yes! Who remembers rotary phones? Lucy: Oh I do! My background is at AT&T, I used to program software. I don't even want to go into that! Sarah: My husband used to have an auto-dial made of toothpicks. Larry: Woah! Sarah: Hold it under a little clicker and it would go "tick tick tick tick!" Auto-dial! Phone interfaces are fantastic. I have a whole collection of mobile interfaces, old phones like Nokia! Around the turn of the century they had these fabulous interfaces that looked funny with the keys all over the place, styluses you name it! I've got some funny example of it. To me it's both entertaining, educational and indicative of an industry of that's still trying to figure out exactly what the best interface is, test function. Larry: Now what is it about entrepreneurship that makes you tick? In fact why did you become an entrepreneur? Sarah: I think I didn't have a choice. [laughing] I kind of see an entrepreneur as someone who see's where there is a problem or a gap or a hole, understands what it really needs to be like, and really wants to make it be that way. That kind of excitement, that vision of I'm going to complete the world, I'm going to fix the world. That's me! You've got to be excited enough to jump in, get involved, take risk, push ahead and not be too worried about obstacles because you know that there is an end result and you know what it is and it is totally worth it. I'm an entrepreneur that way. In terms of I see a vision, I see what somebody or a something that could really be that has this amazing potential and I just want to make sure that it really happens. Larry: That's great. Lucy: Well, in along the way, Sarah, who or what influenced you or supported you as you went down this entrepreneurial career path. Sarah: Definitely my husband because I would not be an official entrepreneur if it was not for his business and market vision really has been the force behind that whole side of let's turn this turn into a business. And we have had a couple of just amazing advisors and mentors who believed in us. They reached out to us even before we asked them and helped us turn what was a vision and had a belief and faith in what we were doing into professional skills required and know how and who to talk to and how to do it. Notably I would say Ken Dweeble whose is now a CEO at Coria who was previously CEO at Power to Be and even before that was a personal mentor, Hansel Baker whose is now a Techsports product development. Both of them just had profound impact on us Larry: Well with all the different things that you have been through and it's great that you have had powerful people behind you and working with you but what is the toughest thing that you ever had to do in your career? Sarah: Fire an entire lab of wonderful people, wonderful employees when we had a investment poll during the stock market crash in 2008. It was horrible to do it. Everyone understood why, there was no money for salaries for them but in that economic environment we knew it would be hard for them to find their next job, for at least a while. It was just awful. Lucy: I know, I can feel it in your voice. Sarah: Yes, it was horrible. Lucy: Well, it is horrible I think that those things happen. Sarah: Thank God they all are well employed now and are doing great but... Lucy: I'm sure they have top skills. Sarah: They are a great team. Lucy: Absolutely. Well, if you were sitting here right now with a young person and giving them advise about entrepreneurship, what would you say to them? Sarah: First of all I would say if you are person who likes to get things done and likes to make things happen, then starting your own company is your dream job because you can just do it and make it happen. That said, a lot of people are very vague about their ideas. They kind of sort of have some idea and they don't have that clarity, vision or focus. And that is what you need to cultivate. That is what all the business planning is about. You got to push your self. Clarify your vision, what are you trying to achieve, what is the objective, what is going to look like and you got to make it that you can share it with other people. So I would say pitch and present as often as you can to anyone who would listen to you. Presentations, articles, drawings, whatever, be on panels and then listen listen listen to the feedback that you are going to get because you have got to keep learning every minute and that combination of pitching and pulling out and then listening and pulling in, that's how you are going to make it happen. Larry: You know, it's great that your husband was one of that power force behind you becoming an entrepreneur, what are the personal characteristics that has given you the advantage of becoming an entrepreneur. Sarah: [laughter] First of all, I really think that being a mother gives you important experience. What it means to be completely committed to a project, to be willing to put in a 22 hour a day. Larry: [laughter] Sarah: ...Without looking at a paycheck or worrying about your overtime. So I am a serial mom-entrepreneur. I have a large family but I am like that with everything. You know there is a kind of save the world mode in me is a lot stronger than what is in it for me mode.I do think that helps me put a 100 percent to my work even though success with the start up is down the line thing, it's not immediate so I guess what I'm really saying is that you have to love what you are doing. You have to love doing it now and not just be looking out for the money that the success might bring you down the line. So startups are an uncertain universe but if you love what you are doing now then it will be satisfying. Larry: Boy that's a fact. Being a father of five I can relate to what you have said. Lucy: And picking up on your answer about how being a parent really teaches you important business lessons for sure, what do you do, how do you manage to bring in the balance in your personal and professional lives? Sarah: You assume I manage. I don't think I manage well enough. Lucy: Well you must be doing something right. Sarah: But I do, I have found this kind of like using a lot of the business skills has been helpful at home as well. It was vice versa but it also works the other way. So kind of [inaudible] to say what do I need to achieve right now, what do I need to achieve in the next two hours of really being with my family so trying to be very focused in that. What is the number one thing I'm trying to do and that helps me not to look at my computer, not check the black berry. Really listen to my kids, to my family, talk to them, be there with them, I find that those skills are kind of across the board and it has been helpful. Lucy: I think that is an incredibly important advise. It really is around do the next important thing well. Sarah: Yes. 100 percent. I know everyone loves to talk about multi tasking, I'm not a believer in it... Lucy: I'm not either. Sarah: I was in a meeting with Nokia several years ago, and one of the guys said here we call it continues partial attention. [laughter] Lucy: That's great. Sarah: Yes, exactly. Continuous partial attention is not satisfying for your children, your babies or your husband or your project or your presentation when you are not 100 percent in the moment, everyone knows it and they feel neglected and you can't run a business that way so yes I believe in multi tasking more as task switching. You got to be really good at rapid task switching but not all at one time. Lucy: Yeah that's a fact. Larry: Exactly. Sarah, you have been through a great deal, you have a growing company. What's next for you? S arah: Oh gosh. I'm empowered to be always next, it's so exciting. It's the potential to change the entire mobile industry. I know that I am very privileged to have the opportunity to be part of something that grand and it's not everyone's chance to be part of something that huge. I also founded Keyshore which is a professional network for religious women in Israel. It is a big success. I just left Israel and I put the project into wonderful good hands. Keyshore is in need of workshops and conferences. It has become a big player in the national scene and just bringing women. First class business marketing strategy skills for their business. That's what we do and it has been fantastic so I'm a big believer in changing the world one moment at a time. That is the most satisfying thing. It's kind of like multitasking versus task switching. One person at a time, you change a lot of people. I have a folder of 20 or 30 more projects that I want to get launched. I want to make it happen. You know, technology and education. Usually a combination of the two...Wow. I see myself fully booked for the foreseeable future. Lucy: And that is very good for all of us to know because I'm sure it's going to have a wonderful positive impact in the future as well as what you have already done. So thank you very much for talking to us, Sarah, we really appreciate you working on a very very cool technology and we gonna want to keep a close track of it because I'm sure it's going to as you said, really change. So thanks a lot for being with us. I want to remind the listeners where they can hear these pod casts once again, w3w3.com and ncwhit.org. Thank you so much. It was great talking to you. You have such a great philosophy and best of luck with your company. Sarah: Thank you and continue success with NCWHIT. It's such an important initiative. I'm so happy to be a tiny part of it. Lucy: Well thank you very much. Larry: Thank you Sarah. We will have you website, powertobe.net up also. Sarah: Thank you so much. Series: Entrepreneurial HeroesInterviewee: Sarah LipmanInterview Summary: Imagine sitting at a table and reaching for the salt, and the person next to you pushing it towards you so that it's within your reach. Now imagine a touchscreen technology that, in the same way, anticipates what you're trying to do even before you touch it. This is Power2B. Release Date: August 15, 2011Interview Subject: Sarah LipmanInterviewer(s): Lucy Sanders, Larry NelsonDuration: 16:43

tv ceo women interview power internet 3d phone series auto concept cto nokia continuous national center information technology presentations clarify release date interviewer rotary interviewees audio files lipman coria datetime 3d technology sarah you larry nelson sarah yes sarah thank larry you sarah power preflabel interview summary lucy sanders lucy who lucy for
Interview with Victoria Ransom

Play Episode Listen Later Aug 1, 2011 19:27


Audio File:  Download MP3Transcript: An Interview with Victoria Ransom Date: August 1, 2011 [music] Lucy Sanders: Hi, this is Lucy Sanders. I'm the CEO of NCWIT, the National Center for Women in Information Technology. With me is Larry Nelson from W3W3. Hi, Larry. Larry Nelson: Hi, Lucy. We are so excited to be a part of this series. At W3W3.com we support technology as well as business, and we have a particular interest in what we can do to help promote women and young girls into technology. Lucy: Well, and this is a series of interviews with fabulous entrepreneurs who have started tech companies. They have a lot of great advice for our listeners, and so we'll get right to our interview today. We're interviewing Victoria Ransom, who is a serial entrepreneur. She has a very impressive track record. She has started three companies, all of which are operating today. That's very unusual. Larry: [laughs] Yes, it is. Lucy: And her existing company has been profitable after just one year. It totally blows my mind. [laughs] Larry: Wow. Lucy: It's such a great accomplishment, and she is an adventuresome spirit as well as being a serial entrepreneur. She once spent over a month living with a remote Amazonian tribe, so we won't let her off this interview until she tells us what that was all about. Today she's the founder and CEO of Wildfire Interactive, which helps organizations leverage and engage millions of users of the social networks such as Facebook and Twitter. Basically what they allow people to do is leverage the power of the social networks to do things such as branded campaigns, sweepstakes, contests, or giveaways and really getting into that viral nature of the social web. So it's not only the campaign, but they also provide tools and analytics so you know if the campaigns are successful or not, which is really important. Larry: I love it. Lucy: Yeah. So Victoria, welcome. Victoria Ransom: Thank you very much. I'm excited to be involved with this. Lucy: Well, tell us a little bit about what's going on with Wildfire. It seems like a lot. Victoria: Yeah. [laughs] Yeah, it has been a wild ride. We only started the company three years ago, and for the first year it was pretty much my co‑founder and I and a couple of engineers. Then once we launched our product, it really took off, which we launched the product officially in August of 2009. So really about two years ago. We hit a real need at the right time. Within the first month we had hundreds of customers, like you said, reached profitability, and now we've got tens of thousands of paying customers. We've got over 140 employees. [laughs] So it has been a really busy, busy time. In terms of what's new or what's happening at the moment, we actually just launched a pretty expanded version of our product. So the introduction that you gave about Wildfire is very accurate in terms of what we started out in terms of what our original product was, which is a social campaign builder that makes it really, really easy for companies to launch different kinds of social media marketing campaigns like contests, sweepstakes, give‑a‑ways, coupons, group deals. All sorts on different social platforms like Facebook, Twitter, and others we select as well. But we've now expanded really to create what we consider is a software product that helps companies with all aspects of their social media marketing. So we are within that suite of tools. We have a product that really helps companies, like a content management system for their social properties like their fan pages, for example, helps them create really engaging content, edit it, change it, review the performance, the analytics, et cetera, which is really important because one thing that I think companies forget is that we can't just launch a Facebook fan page and put up some content and then leave it because then why would anyone ever want to re‑engage with you? So we have that product. We have a messaging product that really helps you understand what your friends and followers saying about you, helps you communicate efficiently with them, respond to them. Then a really robust analytics dashboard that helps companies understand not only how well are they doing with their social media marketing, but how do they compare to their competitors? How do they compare to their industry? So that's been a pretty major expansion on our product, which we're getting really great feedback on and yeah, a really, really strong response to, which we're very, very excited about. Lucy: Larry, maybe you could use it for your fan page? Larry: Boy, I love it. Lucy: [laughs] Larry: I like that idea. Victoria: Absolutely. Let me know. [laughs] Lucy: OK. Well, so Victoria, you have a very interesting background, and our listeners always want to know how entrepreneurs first got into technology. So why don't you just spend a few minutes and say what led you to technology? Victoria: Sure, absolutely. It's worth noting that I didn't study engineering. I'm not an engineer. I didn't have a tech background originally, so I think it's important that people realize you don't necessarily have to be a technical person or an engineer to start a technical company. Basically my first foray into technology or into software development was, of course, I think about five or six years ago when my co‑founder and I were running an adventure travel company called Access Trips. We had I think about over 30 trips in 18 different countries. We'd scaled that business up so that we had many, many clients. We got to the point where the tools that we were using were just not efficient enough for us to be able to manage all those clients. So we felt that we needed some kind of software to help us collect deposit, collect remaining balance, send out travel information, collect flight information. All the things you need to do when you run a travel company. We needed software for that. We couldn't find anything on the market, so we decided to build one ourselves and in all honesty made all sorts of mistakes with that. It was a good time building software, and I think there were some really classic mistakes that we made but learned a lot from it, which was great next time around. But also found that we really, really enjoyed that process and realized that to build a good software product, yes, you need engineers and good ones. But also you really need to understand a business problem. You need to be able to map it out, understand the processes, and just have a really good intuition for how you can create something that's simple and easy to use and really found that I enjoyed that process a lot. So that was the first foray into technology, really. Larry: Wow! Now Wildfire, that's your third go‑around as an entrepreneur. What is it about entrepreneurship that really turns you on, and why did you become an entrepreneur? Victoria: Well, again I think the first dipping of my toes into entrepreneurship, it wasn't that I was from age 11 I always knew I'd be an entrepreneur. I hear a lot of people that tell those kinds of stories. They had a lemonade stand from the time they were six. Actually, I hadn't intended entrepreneurship as a career. When I graduated college, my first job out of college was in investment banking actually. What I discovered is I just wasn't passionate about it, and I said, "OK, this moment, if I've got the rest of my life ahead of me and work is going to be such a big part of that the rest of my life, I really want to find something that I'm really passionate about." So I decided to move on from investment banking, and actually that's when we founded Access Trips. But in all honesty I think the initial idea was, "Well, let's create this travel company. We can do that for a year or two while I figure out what I really want to do with my life," and just found that I absolutely loved the process of building a company. Once you get your toe in the water of entrepreneurship, it's hard. It's pretty addictive because if you like it, it's just such a challenging, wonderful, exciting experience. So for me what keeps me in it, I think first of all is I just love the fact that I am having to wear so many different hats, and I'm challenged in so many different ways. One moment I need to think about our sales bridge, and the next moment I'm in a marketing meeting thinking about how we market the company. Now I'm involved with the product development and the product vision. I really drive on that level of challenge I think. It's just really exciting. So there are pros and cons to that because it's stressful, too, and you never have certainty about anything. On the same token, every day there is something exciting going on here, and it's really wonderful to have this big vision and goal that you're driving towards. Then the other thing I'd say, which is not the case when you first start your business, but when you start growing it and you build a team‑‑and like I said, we're now up to over 140 people‑‑what really motivates me today and inspires me is actually our team and the amazing people that are in the team and who are working so hard for the business. They're so fun to be around, and all of that is just incredibly inspiring and motivating and probably my favorite part of the business now. Lucy: Well, along that path to become an entrepreneur, who influenced you? What special people can you point to and a little bit about perhaps what they did? Victoria: In all honesty I haven't had one particular mentor that said, "This is what you should do. You should go into that." I think there are a lot of people along the way, once we got into entrepreneurship, who provided wonderful advice and wonderful help. But there wasn't one particular person in my life that put me on this path initially. Like I said, it was more the fact that what I'd been doing previously wasn't really exciting and so decided to try this path. But certainly there's been some wonderful people along the way that have helped advise us. Then there's other certainly companies that have helped shape the way we think about our business. I know Zappos has been a big influence in terms of just their dedication to their employees and their customers. Companies like Sales Force we've learned a lot from, just because they're such an incredible sales company. Mint is a company that we've learned a lot from in terms of their design. So I would say it is companies that have influenced us more than individual people. Lucy: Well I think that's one of the things that's so special about entrepreneurship, it does seem to be an ecosystem where people get advice and give advice and I think that it's maybe one of the best ecosystem for that that I know of. Larry: Victoria this is your third company, along the way I know we've had some of our businesses in the past be very successful, and some are learning experiences. What were the toughest things you had to do in your career? Victoria: As I said before, entrepreneurship is exciting, but it's like riding a roller coaster, so there are lots of ups and downs. So there's definitely been with all of my experiences of entrepreneurship, there's been some tough times where you really weren't sure things were going to work out. But in all honesty, the toughest things I had to do is actually letting go of employees. It is just not fun, particularly employees where actually they were really wonderful people, they just weren't a good fit for the company. It becomes pretty emotionally draining I'd say that's something I haven't enjoyed doing in my career in entrepreneurship but it is a very necessary thing and at the end of the day you will not be a successful start‑up unless you build an absolutely top notch team and every person in the company needs to be top notch. So it's one of those necessary evils that you have to do sometimes if you're leading a company. Lucy: Well, I think too that the people who are not a fit for the jobs they're in, most of them know it, it causes them a lot of stress, and they usually end up in a better spot. Victoria: We try very hard to make sure anything like that is a mutual discussion and a mutual decision, which certainly helps for both parties. Lucy: Well I think that's a great piece of advice and I'd like to follow along with that in terms of more advice around entrepreneurship. If you were talking to a young person today what would you tell them in addition to the things you've already said about entrepreneurship, what advice would you give them? Victoria: The advice that I can give and I have been given. I guess one thing is people should just be very critical about their ideas. So before they even jump in they should think very carefully about this idea that they had to start this company, it's so easy to fall in love with their idea, but I think people have to really ask "Why me and why now? Why am I really the best person to bring this idea to market and why is now a really great time to do it?" If you're working on some kind of idea and there's already three companies out there that are doing it, you've really got to be able to answer the question of what special talent or advantage do you have that is going to make you better those other three companies. Or if you've got an idea and no one's doing it then you've really go to ask yourself why is no one doing it? Why is now a particularly good time to start this business that no one's done it before? And if there's not a good answer to that, it may be that people haven't done that business before because it's not a good business, or they've done it and failed. So I think just being really critical; because some people just love the idea of being entrepreneurs and will try to latch on to something. That's OK because a lot of people will start a business and pivot, and that's OK too. I think being critical about your idea is important, another thing is that if you're going to start out with a co‑founder, then choose very wisely. I have an amazing co‑founder who we balance each other so well in terms of our talents and our abilities and our interest. I have talked to way too many entrepreneurs who at the end of the day are going to fail because they didn't find someone who is a good fit, match, and balance for each others skills. Another thing is I think we really benefited from in our business is just being really careful about the first people that you hire. It's easy when you're a small company to actually be glad that anyone's willing to work for you because all you are is basically an idea and a few people in a room. But those first people you hire really shape the whole culture and somewhat the destiny of the company, and I know for us the first hires we made we were really lucky. They were great cultural fits that helped us build a really great culture. Plus, they had really strong networks so they were able to help us in addition to our own networks really build out the team and really hire additional great people. So being very careful at those early stages, I think, is really important. Another thing, to be honest, is to be aware that entrepreneurship probably sounds more glamorous than it is. I would not want to be doing anything else; I'm having the time of my life but it's a lot of hard work and stress and the vast majority of start‑ups do fail in the end. So you've got to really believe you're going to thrive on the challenge and not the potential glamour of what it might be like if you happen to build a multimillion dollar company. Lucy: Now you see Larry, that's why she has three successful companies. Larry: That's right, and that's why I had 12, only not all successful. Victoria, with all of the things you've done and been through how do you bring balance to your personal and professional lives? Victoria: So honestly, this is an area that I'm not doing particularly well at, but kind of deliberately so. My feeling right now is this is an incredible opportunity that we have, to build this fast growing company, we're in a fast growing space and really I need to give it 100%. And so as a result I'm comfortable with the fact that work is everything at the moment and takes up a lot of my time. So I made that decision, and I'm not really trying to find a huge balance in terms of what requires balance. Having said that, try to eat well, try to exercise, try to take some time for friends and try to build in balance. But I would say the reality is, work takes up the vast majority of my time now. Lucy: Well, we've heard that from a number of the people that we've interviewed who also talk about balance, not just on a daily basis, but over periods of your life, and I think that really reinforces that statement as well. Well Victoria, you've done a lot, you've achieve a lot, you've had an interesting life so far and you're consumed right now in your company, but do you have any sense of what's next for you? Victoria: Right now it's very much just Wildfire. I've still got so much to achieve and I've got a big move‑in that we're going after. Truthfully, I haven't had a whole lot of time to even think about what could be next or when it might even be. For now, it's just very much focused on building this great business that I think we're on a wonderful path to achieve, but still have so much work to do. So for now it's pretty much living in the moment with Wildfire and thinking about the vision for Wildfire, but not a whole lot of focus on what will be after it. Lucy: Now, I'm going to go back in time, like I promised at the beginning of the interview, and ask you what were you doing in the Amazon? Victoria: It was an amazing experience. When I was in college, four other friends and I took a bus to pretty much where the road ran out in Venezuela, so basically the last town before you hit the Amazon jungle, and we managed to arrange with a local tribe that was in the village getting supplies, that we could travel back with them to their village. We spent seven days in their canoe traveling back to where their village was, every night we stayed with a different village, which was absolutely amazing. Then spent four weeks living in that village and participating in the life of living in the Amazon. So it was very remote and honestly, it is sometimes hard to believe that that world exists as the same time as the world that I'm living in now. It was an incredible experience. Lucy: What was your biggest lesson from that experience? Victoria: I guess part of it, it was just very humbling to see a civilization that's living in a very traditional way where I think a lot of people lived like that a thousand years ago, and how much things have changed here and what a happy society that was and what a happy community that was. I think another part, frankly, was just resourcefulness, it was pretty amazing, crazy thing that we did to just take a bus to a village and try to find a way to go deep into the Amazon and we were persistent and resourceful enough that we were able to pull it off. Which I guess you can pull right back into entrepreneurship, that you've got to be really resourceful and persistent if you want to pull off some amazing things. Lucy: It sounds like it was a great experience. Larry: You bet. Lucy: Indeed, Victoria. Thank you very much for your time. We really appreciated talking to you and I want to remind listeners where they can find this podcast series you can find it w3w3.com and also at ncwit.org. Thank you, Victoria. Larry: Thanks you very much. Victoria: Thank a lot. I appreciate it. Lucy: OK. Series: Entrepreneurial HeroesInterviewee: Victoria RansomInterview Summary: As founder & CEO of Wildfire, Victoria led the company to profitability in just one year and has built the company to tens of thousands of customers, over 100 employees, and five offices worldwide. Clients include major brands and agencies including Facebook, Pepsi, Unilever, Sony, AT&T, Ogilvy, Publicis and Digitas. Release Date: August 1, 2011Interview Subject: Victoria RansomInterviewer(s): Lucy Sanders, Larry NelsonDuration: 19:27

ceo women amazon interview clients sony fall in love series companies venezuela concept salesforce pepsi wildfires mint national center unilever information technology release date interviewer zappos truthfully amazonian ogilvy interviewees publicis audio files digitas datetime larry nelson victoria ransom ncwit larry you preflabel lucy it victoria well interview summary lucy sanders
Interview with Helen Greiner

Play Episode Listen Later Jun 11, 2011 15:30


Audio File:  Download MP3Transcript: An Interview with Helen Greiner Co-founder and Chairman of the Board, iRobot Corp. Date: June 11, 2007 NCWIT Interview with Helen Greiner BIO: In the early days of iRobot Corp. (Nasdaq:IRBT), co-founder and Chairman of the Board Helen Greiner envisioned robots as the basis for an entirely new class of products that would improve life by taking on dangerous and undesirable tasks. Greiner's vision has been brought to life by products such as the iRobot Roomba® Vacuuming Robot, which has sold more than 2 million units to consumers throughout the world, and the iRobot PackBot® Tactical Mobile Robot, which is helping to save soldiers' lives in Iraq and Afghanistan. Greiner's nearly 20 years in robot innovation and commercialization includes work at NASA's Jet Propulsion Lab and MIT's Artificial Intelligence Lab, where she met iRobot co-founders Colin Angle and Rodney Brooks. Before founding iRobot in 1990, Greiner founded California Cybernetics, a company focused on commercializing NASA Jet Propulsion Lab technology and performing government-sponsored research in robotics. Greiner holds a bachelor's degree in mechanical engineering and a master's degree in computer science, both from MIT. In 2005, she led iRobot through its initial public offering. She also guided iRobot's early strategic corporate growth initiatives by securing $35 million in venture funding to finance iRobot's expansion in the consumer and military categories. In addition, Greiner created iRobot's Government & Industrial Robots division - starting with government research funding leading to the first deployment of robots in combat in Operation Enduring Freedom. Currently, the division is shipping iRobot PackBot robots for improvised explosive device (IED) disposal in Iraq. In part because of the success of these initiatives, Greiner has helped enhance public acceptance of robots as one of today's most important emerging technology categories. Greiner was named by the Kennedy School at Harvard in conjunction with US News and World Report as one of America's Best Leaders and was recently honored with the Pioneer Award from the Association for Unmanned Vehicle Systems International (AUVSI) in appreciation for her work in military robotics. Greiner has been honored by the World Economic Forum as both a Global Leader for Tomorrow and a Young Global Leader. In 2005 Good Housekeeping Magazine named her "Entrepreneur of the Year," and Accenture honored her as "Small Business Icon" in its Government Women Leadership Awards. In 2003, Greiner was recognized by Fortune Magazine as one of its "Top 10 Innovators of 2003" and named the Ernst and Young New England "Entrepreneur of the Year" with cofounder Colin Angle. Greiner won the prestigious "DEMO God" award at the DEMO 2000 Conference. In 1999, she was named an "Innovator for the Next Century" by Technology Review Magazine. Lucy Sanders: Hi, this is Lucy Sanders. I am the CEO of the National Center for Women and Information Technology or NCWIT. This is part of a series of interviews that we are having with fabulous IT entrepreneurs, women who have started IT companies in a variety of different sectors, all of whom have absolutely fabulous stories to tell us about being entrepreneurs. With me doing these interviews is Larry Nelson from w3w3.com. Hi, Larry. How are you? Larry Nelson: Well, hello. Boy, am I happy to be here. Lucy: Why don't you tell us a little bit about w3w3 because these will be podcasts on w3w3 as well as on the NCWIT website. Larry: Well, just briefly, we started in 1998 before anybody knew what radio on the Internet was all about. And finally we learned a number of interesting lessons. We started doing podcasting a little over a year ago, so that's a big leap since then. We have been very fortunate to have a number of interviews with top‑notch heavy hitters, but after I saw the list that Lucy put together I was just absolutely stunned. Lucy: To really just get right to it, the person we are interviewing today is Helen Greiner. She is the co‑founder and chairwoman of iRobot. I have to admit up front that I am an iRobot stockholder, and Helen knows I am one of her best salespeople ‑‑ maybe not her best sales person but certainly one of her salespeople. Helen Greiner: I hope you are not just a stockholder, but I hope you are also a Roomba owner. Lucy: I am a Roomba owner. It's getting double duty now because we're doing a kitchen renovation, and we set it loose in the house at night to pick up all the dust and stuff so it's getting a workout, Helen. Helen: You'll be needing the Dirt Dog model for wash ups and construction areas. Lucy: Absolutely. Larry: We're going to have to have a link to all of these on the website. Lucy: Absolutely. We are really happy to have you here, Helen. We are really looking forward to talking to you about entrepreneurship. Larry: You know, I can't help but wonder: we have four daughters, and how did you, Helen, get really involved and interested in technology? Helen: Well, I think this is a common story in technology, but I was inspired by science fiction. I went to see "Star Wars" when I was 11 on the big screen, and I was enthralled by R2‑D2 because he was a character. He had a personality and a gender, and he was more than a machine. I was inspired to start thinking about, can you build something like that? As I was hacking on my little TSR 80 personal computer, obviously I had no idea just how complex it would be. Lucy: What are you thinking about those new mailboxes that are R2‑D2 mailboxes, Helen? Helen: I think they're pretty damn cool. Lucy: I think it's pretty cool. As a technologist you obviously look at a lot of different technologies. I am sure you have some on your radar screen that you think are particularly cool and compelling. Maybe you could share some of those with us. Helen: Well, of course, the coolest is robots because they are just on the cusp of adoption today. Other than the robots and ones that very well might feed into the robot, are large scale memories, multiple core processors, cameras on cell phones. Technologies as they go to mass market are getting cheaper and cheaper which enables them to be bringing them into other applications, like on the robots. Larry: I just want to make sure that the listeners do understand that you are talking about robots everywhere from the kitchen to Iraq. Helen: Yes. We have over two million Roombas out there in people's homes doing the floor sweeping and vacuuming. We have a floor washing robot, the Scooba, that you just leave on your floor and when you come back it's clean. We have a robot for the work shop called the Dirt Dog, and what most people don't realize is we also sell a line of robots for the military. Our Packbot model was used for the first time in cave clearing in Afghanistan and now is being used for bomb disposal over in Iraq. One of the neat new developments we have is we just put out a version of this with a bomb sniffing payload, so it can actually go out and find improvised explosive devices. Lucy: Well, I've heard you speak about the robots over in Iraq, and it's very compelling to know that we can use technology like this to really go on these types of missions instead of our young men and our young women. Helen: The robots allow a soldier to stay at a safe, standoff distance. He doesn't have to go into unnecessary danger. Lucy: Right. Helen: Our servicemen and women, you know, are exposed to a lot of danger when you send them to roadside bombs when a robot could do the job instead. We think that's really something that should be changed quickly, and it has changed very rapidly. Just two years ago they would suit up a soldier in a bomb suit and send them down range, and now you have to get permission to do that. The common operating procedure is to send a robot into the danger. Larry: That sounds like iRobot is doing everything from saving backs in kitchens to saving lives in dangerous situations. Let me see if I can migrate to the entrepreneur part of you. What is it that made you become, or why are you an entrepreneur? Helen: I was deeply interested in making robots into an industry. People have been talking about robots. They have been in science fiction for decades and decades. Yet, when I started in this field I looked around and there were very few robots that people could actually purchase and could actually use. When I was at the university at MIT the people worked on wonderful robot projects. It was really, really cool technology, but when the PhD got done or when the project ended, all of it would kind of stop and then somebody would start a new project potentially building on some of the results. But the actual robot that was built. many times progress stopped on it. Just like the computer industry, I believe it takes a company that can reinvest some of the profits back into the next generation and the next improvements on the products that really has started the industry to take off. Lucy: Well next the definition that I carry in my head of true innovation is taking research and the types of projects you are talking about, Helen, and driving them out into the consumer space and into the mass market. That is what innovation is all about. Larry: You bet. By the way, what is it about being an entrepreneur, what is it that makes you tick and turns you on as an entrepreneur? Helen: Being an entrepreneur is creating something out of nothing. You know, when you start it, it's all consuming. It takes your whole focus. It is very compelling to me. I tend to be someone who when they jump into something they jump into it with absolutely full force, and it allowed me to learn so much along the way. Everything from how to hire people, how to apply for and win a military research contract, how to raise venture capital, how to set up a management structure and, very recently, how to take a company public. Lucy: Helen, tell us, obviously, entrepreneurship makes you tick. You love to create things from nothing, and along the way as you chose this career path, who influenced you? What kind of mentors did you have? Helen: I have had a lot of advisors who I could talk to about the different stages of the business, and that's been an incredible gift. That is one of the most valuable things you can give: the benefit of your own experience. Early on I was influenced by my dad having founded a company, so entrepreneurship was part of my culture growing up. Larry: So, it's not genetic. It's part of the culture, right? Helen: I believe that. Larry: You, I'm sure, like all of us entrepreneurs ‑‑ you know, Pat and I, we have been in business together and entrepreneurs for over 30 years. There are a lot of bumps and things along the road. What would be some of the most challenging things that you have experienced? Helen: Well, iRobot has been in business for 17 years, and it's a lot different company today than when we founded it. Early on, this was a bootstrap company, credit cards filled to the max. Larry: So you made money right away? Helen: Yeah. Larry: You were profitable right away? Yeah. Lucy: Like many of us. Helen: No, we really had a bumpy beginning because in part the technology wasn't ready yet upon time. So we came up with a method to develop the technology and to develop business plans so when the opportunity was right we could capitalize on it. Lucy: So, as we shift a little bit now toward the future entrepreneurs, if you were giving advise to people about entrepreneurship, young people, about the career path you have chosen being an entrepreneur, what would you tell them? What advice would you give them? Helen: I would say, definitely do it, because it's probably one of the most rewarding career paths you can take. One of the most challenging, but one of the most rewarding. I would say very strongly, don't do it like we did it at iRobot. IRobot, we didn't do it with a business plan. We didn't start a real crisp idea of what these robots would used for. We basically started with the future of the technology and it happens to have worked for us, but it was a long haul in the early years. I think if I had it to do over again, it would be done a lot more efficiently. Larry: When did you finally get the real management team put together? Helen: In 1998 we decided to take venture capital for the first time. And that was a big decision because that's what took it from being more of a lifestyle company, somewhat of a research lab. Folks were building any kind of robot, because they were passionate about it. Some of them are quite frankly cool to a real business concern. You could almost consider the company a re‑start in 1998. It only took the first venture capital, which allowed us to invest in the management team and take it to the next level. Also to invest in our own product lines, rather than relying on government contracts coming in or strategic relationships with larger companies. Larry: Well, you have been very passionate about iRobots and you've also been very humble in terms of what you have done, what you have been through. What are some of the characteristics that maybe have been a benefit to you in becoming a successful entrepreneur? Helen: I'd say the biggest one is persistence. There will always be speed bumps along the way. And generally being able to say, OK, I might not have the solution to this problem right now, but I know that there's a way. And either by talking to people, getting advice, by brainstorming with people, by being creative, by thinking out of the box. There is always a way to get through any problem that presents itself. It's takes persistence to do that because you will get knocked quite a few times along the road. Being able to pick yourself up, dust off and say, I learned from that experience, I won't do it again. We don't look at anything at iRobot as failed. This got us to the next step and the next step was different, but they were all stepping‑stones to where we are today. And many of them were necessary. Larry: I have heard that persistence is omnipotence. Lucy: Sometime we refer to it as relentlessness. Larry: Oh, is that what that is. Lucy: Yes. I also have to say something about Helen how and just as a sidebar: Helen gives one of the best talks on robotics I have ever seen. Helen, your talk at the Grace Harper Conference was outrageously good. Helen: Oh, well I appreciate that. One of the things that I would like for folks listening to know that it is important to be able to grab the microphone and get your message across. My personal background is: I was extremely shy, terribly afraid of public speaking. You know, reports that people who would rather do anything else sometimes than get up in front of a group of people and speak. I was one of those people. It doesn't come naturally to me. But I recognized that it was important in getting the message of the company across. I really worked on how to improve and just by taking speaking opportunities I got better and better at it. Which doesn't mean I will ever be a natural just really, really want to jump out and do it. If I can do it, anybody can learn to be a better public speaker. So they can take advantage of the opportunities to get their message out that it provides. Larry: It might not be natural but you certainly are unique and passionate. Lucy: The best talk I've heard, a mix of computer science and business and humor, it's wonderful. Helen: That is very nice of you. It means a lot because I did have to work harder than people who are naturals, "Yes, I want the mike!" Lucy: One of the things that our listeners will be interested in. The entrepreneurial life is a tough life. It is a lot of work and yet it is important to bring balance between our personal lives and our professional lives. So what kinds of hints do you have to pass along? Helen: I don't think I'm a shining example of balance in my life, but I can say the philosophy I've always had is: work hard, play hard. So, when I do take off from iRobot, being able to go out snowboarding, being able to tight‑board, being able to go scuba diving. I'm just learning how to tight‑board. I have a goal to learn one new sport each year, because it's good to take up something new and to me I like doing it in the athletic arena. Lucy: Well, it sounds like fun to me. Larry: Lucy likes to go out there and jog every day after... Lucy: Well, you're right I'm not that good at it either, but I still get out there. Larry: I can't help but ask this. You know, you have had a very exciting and challenging ‑‑ and obviously with the persistence and the talent ‑‑ you really accomplished a great deal. I know you want to accomplish a great deal more with iRobot. What's next for you? Helen: Well, the challenges that iRobot faces today are different than when we were a start up company. Now we have over 350 people. In 2006 we did just about $189 million in revenues and now it's about making the organization click, to function as a team, and making sure that things work like clockwork at the organization, while still keeping that innovative flair, so you can get the next generation of products into the pipeline. Lucy: So, I have to ask, just because I love iRobot so much, what's the next great product? Can you spill the beans? Helen: I can't tell you what the next consumer robot products are, but on the military side, we have a hugely exciting robot that can run over 12 miles an hour, that can carry a soldier's pack. It's got a manipulator on it that can pick up a Howitzer shell. That thing picked me up the other day. Lucy: Oh. Larry: Wow. Helen: We're very excited to get that type of capability also into hands of our soldiers. Lucy: Wow, that's pretty exciting. Larry: Nothing like getting picked up. Boy, that's for sure. Lucy: I don't know what I would do if a robot picked me up, but I guess one of these days maybe we'll experience ‑‑ we'll get you to bring that to one of our meetings, Helen. That would be very cool. Larry: I'd love a picture of that for the website. Lucy: Yeah, thank you. OK. Larry: Helen, I want to thank you so much for joining us. We are so excited about this program. When we get to talk to people like you with your background and your experience, it makes it just that much more exciting and motivating to a number of young people. Helen: Well, I appreciate it. Lucy: Well, and we want everybody to know where they can find these podcasts. They are accessible on the NCWIT website at ww.NCWIT.org And along with the podcast, his information about entrepreneurism and how people can be more involved as entrepreneurs and also get resources on the web and also from other organizations, should they be interested. Larry: Yes, and thank you for all of the great hints and probably more than that, some really golden nuggets in there. One that's sticking out in my mind right now is the mass‑market adoption. I guess that is what we all want to charge for. Helen: It's not where we started out, but it is where we're fully focused at. Lucy: Well, thank you very much. Helen: OK, thank you. Have a good one. Series: Entrepreneurial HeroesInterviewee: Helen GreinerInterview Summary: Helen Greiner is co-founder and Chairman of the Board of iRobot Corp., maker of the Roomba® Vacuuming Robot (over 2M units sold) and the iRobot PackBot® Tactical Mobile Robot, which deactivates mines in Iraq and Afghanistan. Release Date: June 11, 2007Interview Subject: Helen GrenierInterviewer(s): Lucy Sanders, Larry NelsonDuration: 15:30

america ceo women interview internet technology entrepreneur star wars phd government board mit afghanistan conference nasa harvard series iraq boy concept folks demo innovators ernst world economic forum accenture national center information technology 2m world report release date us news roomba interviewer r2d2 jet propulsion laboratory ied kennedy school fortune magazine irobot global leaders young global leaders tsr operation enduring freedom interviewees audio files greiner pioneer award datetime howitzer rodney brooks demo god good housekeeping magazine next century nasa jet propulsion lab artificial intelligence lab larry nelson scooba helen greiner ncwit larry you larry it dirt dog preflabel lucy oh helen it larry well lucy so interview summary lucy sanders lucy one
Interview with Gillian Muessig

Play Episode Listen Later May 9, 2011 31:23


Audio File:  Download MP3Transcript: An Interview with Gillian Muessig President and Co-founder, SEOmoz Date: May 9, 2011 NCWIT Entrepreneurial Heroes: Interview with Gillian Muessig [intro music] Lucy Sanders: Hi. This is Lucy Sanders, the CEO of the National Center for Women in Information Technology, or NCWIT. I know our listeners know about our "Entrepreneurial Heroes" interview series, which is a great interview series with women who have started IT companies. This is another in that series. With me is Larry Nelson from w3w3.com. Hi, Larry. Larry Nelson: Hi. I'm happy to be here, of course. We really enjoy the fact that everybody from parents as well as employers and leaders and managers, as well as teenage girls, listen to this show. Lucy: I think the person we're interviewing today is just an expert in search optimization. Everybody knows how important the Internet is, and how important it is to have your business, your organization, your personality, found by the most possible people. The person we're interviewing today is a real pioneer in that field, sometimes called the "Queen of Search Optimization." Larry: You betcha. Gillian Muessig: No, I think I'm called the "mom." I'm known as "SEO Mom." Lucy: SEO Mom? OK. Also a queen. We are very lucky to be interviewing today Gillian Muessig, the president and co-founder of SEOmoz. SEOmoz provides one of the world's most popular search marketing applications. The community it serves is huge, over 300,000 search marketers around the world. She also has a weekly radio show, "CEO Coach." This is really interesting to the people who listen to these interviews, because as part of that show, she's covering really important entrepreneurial issues around funding and finance and staffing and marketing and brand development. Welcome, Gillian. We're really happy to have you here today. Gillian: I'm delighted to be here. Thanks for asking. Lucy: What is happening with SEOmoz? Give us the latest. Gillian: The latest and greatest at SEOmoz. Well, I guess we're taking social signals much more seriously, as are the search engines these days. We are the creators of something called "Linkscape." It is a fresh web crawl of the World Wide Web. In other words, we have code known as "Bots" that run out along the Web itself and catalog the pages, just like Google or Microsoft or Yahoo! And so on, in this case Bing, it would be called these days. Similarly, we have a bot that goes out and crawls the Web. It's called, as I said, "Linkscape." It gives us the link graph of the Web. This means how all the pages are connected together with links from one page to the next. It's interesting stuff. It does not make us a search engine. A search engine can also give back answers when you say, "Gee, I'm looking for something. Where is it?" You could also give that back to somebody. That's what makes a full search engine. So if you think of Linkscape, you might think of it as kind of half a search engine. We know what is. Now, we are taking a look at the social graph. So while we crawl the Web for information about links running from here to there, we know that the social signals, which means the noise or the signals we hear on Twitter, Facebook, LinkedIn, Cora, Yahoo! Answers -- just thousands of other sites where people gather and talk to each other on the Web. Those are the social sites. When they get busy, the search engines notice, and that kind of information shows up in the search engine results pages, known as SERPs, Search Engine Results Pages. So that's what's new at SEOmoz. We're looking at the social signals and incorporating them into our platform. Lucy: That's amazing. There's so much information going on out there. Absolutely amazing. And great technology. The kinds of algorithms you're doing under the hood there just have to be really fascinating. Gillian: Yeah, they're pretty exciting stuff. If you think of the Google algorithm, I usually say, "Well, it starts somewhere in central Asia and it ends in Sunnyvale, California." It's really large, and it links 1's and 0's. That means it's changing constantly. What is it? 2,500 to 3,000 brilliant engineers are working on it at any given time. What they're trying to do is say, "Gosh, there's a lot of info out there. How would we catalog it and organize it to be on the Web?" And that's the world we deal in. Lucy: I know. Who would have thought it, even 10 years ago? Just amazing. Larry: Whew, not me. [laughter] Gillian: It's a very new industry, and that is one of the interesting things about the world of search. While some technology industries have been around for maybe 30 or 40 years, or much more, the Industrial Age certainly giving way to the Technological Age toward the end of the 20th century. The world of search is pretty much the oldest folks would have been practicing some '97, '98, '99, something like that, when the search engines became of age and became more important, and people began to find things on the Web using a search engine as opposed to using business card that sent them to a specific place. Lucy: It's really changed quite quickly. The historical perspective is fascinating and I think our first question is a little bit of a historical question. How did you first get into technology, Gillian, and what kinds of technologies do you see today that are really interesting to you? Gillian: When I opened my company, it was in 1981, I had one young child a two-year-old at the time. I subsequently raised three children under my desk. The youngest will tell you the color of the blanket he slept on under that desk, so I'm talking literally. I think in 1984, I was doing a consultancy basically, so glorified and employed. I was a consultant. I did traditional media marketing, everything from print media to a little bit of radio and television and so on, but regional stuff. In terms of print media, the first pieces of technology that we really saw came in the late '70's already, when type was no longer moved by pieces. Little slugs of type, and made out of lead, would be moved into place in big wooden boards, and that's how the articles of newspapers were created for advertisements and so on. When it moved from that manual process to something called code type, because the first one was Hocks type. You would actually move the little slugs into place and then melt them together. You would use heat to make sure that they were held together, and then you would break them apart for the next day's news. In this case it was called Cove type, and that was the first computerized type. Maybe that was the first time I got into technology, or really saw it affecting my industry. In 1984, I put a Mac II on my desk. I had more self-control than this advertisement that was coming out of Zenith said I would. It said, "We'll give you one of these Macs for two weeks. You pay us for it, but you can just bring it back and we'll give you your money back if you don't want it." I thought, "Well, I've got more self-control than that. I'm just going to take a look at this thing." Within two hours, of course, it owned me, body, soul and mind, and I never gave it back. [laughter] Gillian: The ad worked, and I bought a Mac. I used Mac for many years. I changed to PC I guess in the '90's. Just recently, we're talking within the last couple of weeks, one of my staff handed me a Mac Air, it's called the MacBook Air, and said, "You're going to love this! It's so lightweight." And I thought, "Really? Back to Mac? I'm an old dog. This is new tricks." [laughs] But yes, I do enjoy carrying it around, because I travel so much that having a very lightweight computer at my fingertips is really nice. So first technology would have been 1979. The First time I owned a real piece of it, if you will, in about 1984. The Web showed up in 1993. Perhaps what you were referring to before, kind of the Grand Dame of Internet marketing, because I was there six seconds before the next guy. In other words, it was just a wild and wooly time, and I was happy to be at ground zero. We had a great deal of excitement and ideas around it. I continued my business for a number of years, but certainly we were beginning to do things like offer websites to our clients, in which we were doing general graphics or advertisements, or perhaps annual reports and logos and that sort of design. We were now adding websites to that, and then we were adding better websites, because we had Flash. Then it was realized that the search engines were becoming more important, and search engines could not read Flash. A search bot is blind and deaf. It cannot see pictures, it cannot hear sound. So we had to go back to HTML and maybe incorporate elements of images and so on, and identify them. With that, search began. As a search engine became more important and required text to be able to find out what a document was about, we had to optimize a page. It meant you couldn't just put a picture on a page, because a search engine cannot see it. You had to tell it what that picture was. That, perhaps, was the very first piece of optimization. How we'd label pages, we'd say, "This page is about something. It's my website.com." Then you would put in a subject, you know, red cars. [laughs] And, "Oh! That page must be about red cars." The very beginnings of search engine optimization were very simple. Today it's a highly complex field. We don't even think of it as SEO. So answering the second half of your question, what do I find interesting in moving forward now? Certainly, we are deep into the information society, where information is power. It always has been, but it's just become more in the forefront. The concept of marketing has changed, both online and offline. It's changing the way we do business and the way we communicate. From governments to private corporations and individual human beings, we think of things now as inbound marketing, as opposed to push marketing. It used to be that I would make an ad, and I would kind of take a megaphone in whatever field I was in, whether it was print or radio or TV or whatever, and shout out to the world what I needed them to know. That's no longer acceptable. People don't like it. They never really did like it, but now they have choices. Now people want me to give them information when they want to see it, when they want to learn about it and when they are ready for it and in the way that they wish to see it. That means multiple-size screens such as iPhones, little phones, Android and things like that, cell phones, web-enabled cell phones, to iPad and similarly-sized screens to the next size, which is Netbooks and then laptops, to the huge screens that sit on our walls at home and sometimes cover entire walls. That would be 55-, 60-, and 70-inch television screens that also serve as interactive, Internet-capable products. I find that kind of technology fascinating and I think that's where we're headed in the future, a multi-sized delivery of information just when the consumer wants it. Larry: Gillian, thank you for sharing all that history. In fact, we are going to make sure that if people want to understand the history, they should come back and listen to this interview. Now why is it that you are an entrepreneur and what is it about an entrepreneurship that makes you tick? Gillian: [laughs] Entrepreneurship is a hereditary disease, not a profession. [laughter] I say to people often (I do a lot of coaching about entrepreneurship and I serve on the board of advisors of companies on four continents now) that entrepreneurship is something that you have to want, and you have to want it so desperately that you are willing to walk through what I call "the Dip." I know Seth Cotton talks about it. There's a fine little book called The Dip. But I see it slightly differently. The very short version is that in order to get to the other side of a chasm of all of the folks who are trying to do what you're doing and overcoming all of the impediments to success, you have to walk through this valley of the shadow of death. After that, we don't get quite that translation correct. It's not that "Yet I fear no evil". It's "If you fear no evil, you will not walk out." [laughter] So understanding entrepreneurship is: You have a great idea, and you decide you want to bring it to the marketplace, but you must walk through this chasm of impediments to success. And sometimes it gets very, very dark. I help entrepreneurs through that space quite often. It is not just that there are financial qualifications. For instance, one needs funding and that can be very difficult. Or perhaps one can fund it oneself, but are you willing to put at risk all of the monies required to do so? People will put their homes at risk. They will mortgage things and sell their vehicles and live with their parents and do all kinds of things in order to afford to make this thing fly. It's like throwing money at a passion. But in some ways it's very analogous to being addicted. You must do this thing once you get it going, right? Now the second piece is not financial stuff necessarily, but how everybody else looks at you. There are a number of entrepreneurs, some of them very amusing, who are radio personalities as well who will say things like the whole world will tell you that you are stark, raving mad. That there's no way you can do this, that it's not possible, and so on. And when all of that volume of voice and noise comes at you, do you have the fortitude to continue to walk and to say, "No, I know in my gut what I've got is right and I'm going to make it happen." Then the last piece would be the strength of this idea you have. If you're building it, for example, in technology and software, will this code hold up to what you need? If you have some kind of success, do your servers crash, do things begin to fall apart, can you do the customer service part, and can you do the company part and not just the idea part? What I say is that every truly brilliant company in the world has two parts. It has a technologist, a wizard, the brilliant idea person. And it has a business person. The business person's responsibility is to protect the wizard. If the wizard is thinking about anything else except what's next, you're losing money. Now any business person can make themselves a business. They can go sell shoes. They can go sell office furniture. They can do whatever they want. They make a decent business and sometimes they make quite a good one. Many, many technologists have brilliant ideas, but cannot for the life of them do the business piece of it. There are far more technologists who cannot succeed in business than there are business people who somehow cannot succeed at all because they don't have the brilliancy. But if you put the two together, you get something that is an explosion, an extraordinary universe of stuff that happens. And that's when you have these brilliant companies like Yahoo, Google, and so on. I was fortunate in my time to have such a technologist and to be able to work with him. I'm really in the end a business person. The technologist is Rand Fishkin, arguably the most famous name in search marketing today. I could build a brand around a human being. I could then build a brand around the company, and then the company has become very powerful in its field. Again, knowing your playing field is an important piece. But I have walked through that dip, that "valley of the shadow of death" when people told us this could not be done. I often say people who say that a thing cannot be done are often interrupted by those who are doing it. So, on October 6, 2008, SEOmoz interrupted a whole lot of people when we created this thing called Linkscape, which is a crawl of the World Wide Web. A whole lot of people said you have to be Google or Bing or whatever to do something like that. It cannot be done. It'll take ten thousand brilliant engineers and millions of dollars and you haven't got that. We did it. And when it was done, it powered all of our tool sets. So why am I an entrepreneur? It's because it's in my blood. It's because I see ideas. I can kind of put together a meal of products out of groups of intellectual properties, if you will. It's like throwing a bunch of ingredients on the table in the kitchen and coming up with a meal. It's like what Iron Chefs do. The same idea happens with entrepreneurship and it's what I do. I look at this collatinus collection of clattering junk and from it comes a product that is saleable. So that is what I think makes entrepreneurs what they are. It's the fortitude to move forward. It's the ability to see a jumble of ideas and possibilities and to create real product out of it. And brilliant companies or really brilliant entrepreneurs, those who have that partner technologist [inaudible 17:05. Lucy: So as an entrepreneur, Gillian, who supported you along this path? Do you have particular mentors or role models? What might you be able to tell the listeners about that? Gillian: Well, I think that's why I became a CEO coach, because there were precious few when I came through this path. I see that Rand, for example, who is now the CEO of SEOmoz, has a number of mentors who are coming to his aid and whom he has been able to seek out. But as we walked the very earliest days, there were things that I would have given my left arm to have known about. There were times when I would call practically a hundred people and not one of them could give me the answer I needed. So in a sense, I was not well-connected and I didn't have entrepreneurs who had been successful on at least one level larger than I was. I think there are very few when you are in the very, very early stages who will reach that hand out. You have to get through a certain barrier first. You have to reach some kind of critical mass before it gets recognized as a viable business and then you get those kinds of mentors beginning to take notice. So I decided that if I ever walked out of that valley, that's what I would do, that's what I would give back. That's why I do CEO coach every week. I don't get paid for this or anything. I promised that I would give answers, that I would name names and give numbers and tell people what to expect and help them to leverage the assets they had and to walk through that very difficult time when you are proving your concept and making it through to the other side. Of course, the scarcity is what makes success. If it were easy, if there were no chasm of all of these impediments-and I only mentioned three, but if it were easy to get from one end to the other, from brilliant idea to successful marketplace for everybody, then there would be no scarcity. Trust me when I say to people who are considering entrepreneurship, it's worth it. [laughter] Larry: I love it! Yes. Gillian: It is so worthwhile on the other side. The answer is, it is all the things that you would dream it would be. There is a certain amount of exclusivity. There is a satisfaction beyond anything else that comes from knowing you did it. Larry: Wow. With all the things you've been through, what's the toughest thing that you've had to do in your career? Gillian: Possibly two pieces and I think they're related. The very first one I had to learn to do was to move from being a consultant, a sole consultant, to being a real entrepreneur, somebody who had a company, who had people working with them, in other words, a team. I used to walk out, shake hands with somebody, and say, "Yes sir, I can do that," and go back and do it. That was easy. Whatever it was, it was easy. It meant I did it. I could rely on me and I knew my own mettle and I could trust me. The first time I walked out and said, "Yes sir, I can do that," and went back to the office and said, "I sure as shooting hope you folks can do that, because I can't," that was scary. To be able to rely on a team of people to do it as well as you would hope them to do because you cannot do a thing, that's entrepreneurship. That's really moving from being a sole proprietor to being a full-size company. The second piece was saying no to a customer, understanding that there are clients and client wannabes. They wannabe a client but they don't wanna pay. Client wannabees. Learning to recognize client wannabes in your business sector is terribly important, because otherwise they will suck the blood out of you and never pay for what they take. Generally they pay very low amounts, the lowest you will charge, and they take the most time. The less a client pays, the more hand holding they generally need. So understanding that you need to fire the bottom four clients on your list every year and make way for new ones who will pay you more, respect you more, understand the value of your service more and so on, that's a critical piece of success in moving forward in being a company. People who cannot let a client go regardless of how much this client fusses and complains and makes it a personal thing as opposed to a business thing and so on, doesn't recognize the value of the service, on and on and on. All of these complaints about the client, if they cannot let that client go they will forever be an individual consultant that's not terribly successful. Those who can get through it and understand the process become successful companies. Lucy: Along our discussion there have been so many characteristics that come across in your answers to these questions that I think make you a great entrepreneur. You're very thoughtful, very persistent. I think you're very funny, you have a great sense of humor and have a great sense of history and analytical, but what other kinds of personal characteristics do you think have given you an advantage as an entrepreneur? Gillian: I think that perhaps that is the most important question. I espouse and I truly believe that people should bring their personal values to the corporate marketplace. Separating them is not possibility and that we kid ourselves when we do it. It also makes for a, not just lesser, but a really foul business environment and I think for centuries we've experienced it. I hope that what I build is not perhaps the world's finest search marketing software company and this and that and the next thing, but another way to do business. Often it's known as theory X and theory Y management. Theory X management being all about the fix, about fear, about worrying about whether the boss is going to dislike this or deduct that or reduce your pay or fire you and so on and so forth. That's theory X stuff, screaming, yelling and so on. Theory Y is somehow coddling, if you will. All about the positive but I think there is more to theory Y than simply coddling or supporting and so on. I think it has to do with bringing your personal values to the corporate marketplace. As an entrepreneur I can't have a company unless I have people doing the things that my company produces whether it's product, service, consulting, whatever it is. They don't work for me, they work with me. Without me they have no job and without them I have no job. It's not that it's really different at all, it's just different roles within an organization. I recognize that there is no complete, flat equality. There is no such ideas, communism if you will. It is a hierarchy and certainly it was my money on the table, it was on my back that this thing got started, it was Rand's ideas and so on that made it happen. All of those things, so it does put a couple of founders in its place that is different than the employee status, if you will. On the other hand, we feel that we work with a team, it's not that the team works for us. When I didn't have two nickels to rub together, when we were having conversations that said things like, 'What will it take to keep body and soul together this week?' Like, who shall take a paycheck this week? When we were having those kinds of conversations, it was that bad, I would pay the medical insurance 100% in full first. I never even thought to give somebody a salary and let them choose whether or not they wanted medical insurance. It's part of the salary, it's part of the package, there is no choice because many of the people who work for me are very young and when you're very young you think you're invincible. Nothing is ever going to happen to you and you will live forever and life is good until somebody gets glioblastoma or somebody gets hit by a bus riding a bicycle to work in the afternoon, that's when things go wrong. It was incumbent upon me to say, "No. I know better, I've lived longer, I'm a parent." Never mind anything else and many of these people are young enough to be my kids, hence the word SEO mom but there were a number of reasons why I got called SEO mom but as a result it was my responsibility to do those kinds of things. So we pay 100% of medical insurance. We do kind of what they call platinum level medical insurance. we don't skimp on those kinds of things. Certainly we do things like tech companies to all over the place like the Googleplex will do and so on. We offer lunch here and breakfast there and something else and we celebrate things and it's a lot of fun But we actually walk the talk, if you look at the SEOmoz website there's something called TAGSEE, T-A-G-S-E-E. The first one stands for transparency, second letter, authenticity, the third, generosity and so on down the road, you can read all about it. We don't just say it we actually live it. We hire for personality first and then we look for skill sets which makes it difficult to find people because you can find a set of skills it's just, does it also come with the right kind of personality? I was talking about it with one of my staff this morning and I said, "You know, I think what happens here is very childlike or perhaps like going to the movies." We suspend belief when we go into the movies. We suspend belief every time we walk into this office. We are complete optimists. We should all have our own [inaudible 26:30] chapter here. We walk in and pretend that it's possible, that nothing is impossible and we do it every single day. We work and live and play with the people here, and they certainly do, they have all kinds of activities around the office and outside the office and just get together because they're friends as well. Because it's like souls, if you will, we all agree that you step into this room there is nothing we cannot do and doggone, we do it. Imagine what you can accomplish. I think that because we spend so much of our time at our workplaces, I know that we change jobs much more frequently than we did a generation or two ago but even still, for the time that we are all together it's much more than just a job. This is about fulfilling the soul as well as the business career requirements of the people who work here. I think of my job as giving everyone here wings to fly and then watch them fly. Larry: Gillian, with all the things that you've done, what do you do to bring balance to your personal and professional lives? Gillian: I guess that's kind of the answer I gave at the last question. Larry: Yeah. Gillian: I bring my personal life to life to the office. I don't think of it as work, I think it was Thomas Edison who said, "'I never worked a day in my life, it's all fun." When I was a little girl of three or four years old and I could turn the pages of a book I wanted to see this big wide world. I am the most fortunate person in the world. I get to run around the world as what's now known as corporate evangelist for SEOmoz. This is what happens by the way when they put you out to pasture. Before, I was the sole business person that was complementing the technologist that was Rand Fishkin. Rand is now the CEO, he has full reigns of the business, but there's only one strange relationship in business, and that's mother and son. You can't be a mommy's boy as a CEO so it was time for me to step way, way back. We have a COO here, we've got a CMO here, we've got a CPO, all of those C level executive places have now been filled and all of the things that I used to do, these eight and nine and ten hats, they're being worn by 10 and 12 and 14 people. If I was still doing all of them we would still be a tiny company. So it's important to seed the company, to let it grow and to let it expand. For me now, my job is to run around the world and make sure people say SEOmoz instead of SEO and so far so good, it's pretty cool. I get to be paid for this, what an extraordinary adventure. For me this balance of life and work and so on, it's fulfilling on so many levels. I'm, as I said, the most fortunate person in the world. Lucy: I noticed when we were researching for this interview that you have given lots and lots of keynotes and talks so you must be quite successful in your evangelist role. Gillian: Yes, I'd say so. I have somewhat of a reputation under SEO mom myself, if you will, under Gillian Muessig but I usually say, I don't go anywhere in the world, SEOmoz goes, it shows up in my body. Yes, I do a lot of keynote speaking, I do a lot of pro bono work and I support a tremendous number of entrepreneurs around the world and it's very gratifying. Lucy: Thank you very much for doing that. You've done so much with your career so far. I am suspicious that there's more to come so why don't you tell us a little bit about what's next for you. Gillian: Probably a book, a number of people are telling me it's time to do that so I have to knuckle down and do that but I think that's just in support of, if you will, a personal brand. I think the next thing, when I grow up, what do I want to be? The next thing that I will do is around entrepreneurship itself. I'm focusing more and more on it over the years. I have a serious interest in what you're doing essentially, in making sure that young women somewhere between the ages of 12 and 20 don't lose themselves and their souls in just societal expectations and norms, but do turn to the hard sciences, to technology, to science, to mathematics, to physics, all of those kinds of things and certainly to web related or intellectual property related fields. All of those things are terribly exciting. Women make very good mangers. They have traditionally not been part of it and I think whatever I do in the future will be helping to open the doors so that women can enter the marketplace in their rightful numbers if you will. We spend a tremendous amount of time in my childhood and youth as women working on those issues. It was the age feminism, it was the age of all of those kinds of rebellions and so on. We worked really, really hard guys but, gosh, we've got a long ways to go so rather than apologizing for the next generation, I think my next deal will be helping that next generation reach goals that we have only dreamed of. Lucy: Thank you for doing that and thank you for all of your hard work for entrepreneurship, in general. We'll look forward to staying in touch, it was great fun talking to you and I want to remind listeners that they can find this interview at w3w3.com and also ncwit.org. Larry: You betcha. Gillian: Thank you, it's been a great pleasure. If I have only one message for the young women listening, it's do it. Don't fear it, just do it. There's lots of women out there ready to extend a helping hand in making sure that you're successful, too. Lucy. Thank you. Larry: You betcha. Lucy: We really appreciate that. Larry: Thank you. Series: Entrepreneurial HeroesInterviewee: Gillian MuessigInterview Summary: Gillian Muessig, aka "SEOMom," is the President and Co-Founder of SEOmoz, providers of the world's most popular search marketing applications. SEOmoz.org serves a community of 300,000 search marketers around the world. Release Date: May 9, 2011Interview Subject: Gillian MuessigInterviewer(s): Lucy Sanders, Larry NelsonDuration: 31:22

tv ceo women california president learning google trust interview internet coach co founders microsoft iphone entrepreneurship clients web series android mac seo coo flash ipads concept yahoo cmo bots generally rand bing separating national center information technology html thomas edison dip macs gosh gee cove release date world wide web interviewer macbook air cpo zenith rand fishkin serps interviewees sunnyvale audio files industrial age netbooks grand dame googleplex seomoz datetime theory x search optimization technological age theory y hocks larry nelson mac air iron chefs larry you ncwit gillian muessig mac ii preflabel larry yeah lucy it lucy so interview summary lucy sanders linkscape
Interview with Laura Fitton

Play Episode Listen Later Apr 25, 2011 20:12


Audio File:  Download MP3Transcript: An Interview with Laura Fitton CEO and Co-founder, OneForty Date: April 25, 2011 NCWIT Entrepreneurial Heroes: Interview with Laura Fitton [musical introduction] Lucy Sanders: Hi, this is Lucy Sanders, the CEO of NCWIT, the National Center for Women In Information Technology. This is the next interview in a series of interviews we've had with women who have started wonderfully successful tech companies. We're always interested to catch up with our latest entrepreneur and see what she's doing. With me is Larry Nelson, W3W3.com. What's going on at W3W3, Larry? What's the news? Larry Nelson: Well, I'm trying to learn more about Twitter. Other than that, things are going good. We've got a number of business people who tune into the various shows with NCWIT. It's not only business leaders and parents, but also many young women who listen for some great ideas. Lucy: Today we're interviewing someone who is known as the Queen of Twitter, Laura Fitton. I guess that's why you said something about Twitter, isn't it? [laughter] Well, you need to get the number right in your Twitter. Larry: I was just trying to check her out there. Lucy: We're interviewing somebody who is known as the Queen of Twitter, Laura Fitton. Laura Fitton: [laughter] I think Lady Gaga deserves the crown now. Lucy: Lady Gaga! Laura: Once upon a time. Lucy: [laughter] That would be great, maybe we should try to interview Lady Gaga. Any way, Laura is the founder of oneforty.com. Oneforty.com helps people understand Twitter and the exploding ecosystem of applications and services built on it. Oneforty.com has been called the "app store" for Twitter by TechCrunch and others. It's really a place to find awesome tools that really help you use Twitter, not just in ways for yourself but also for your business and so forth. I went and looked at some of the apps there and it just shows how much I need to catch up on the world of Twitter. [laughter] Laura: It's so true. We started out the Consumer App store and quickly learned from our users that they need us to cut through all the noise and provide them with reporting, with solutions to streamline their social business. Oneforty.com is really the place where tool providers, experts, and business leaders are sharing all their advice and lessons learned regarding social business. If your business needs to be getting into social media, this is the place to start. Lucy: Well, Laura, we're really happy you're here today. Maybe you could start off quickly telling us the latest news from oneforty.com. I think it's a place that most of us really need to know about. Laura: Sure! Thank you. In the last four months, we've done a pretty significant pivot, again user-led. We offered people a little thing we called "Toolkits," which were these humble little lists. The idea was, well you're using Twitter online but you're also using it on your phone and a few other places, using a lot of different tools. People came in and said, "Well, here's how to market a car dealership," "Here's how to market a restaurant." Or, "Here's what a realtor needs to know about social media and social business." So we responded to our users like any good startup does. In the last three weeks, we have completely relaunched the site centered around four business personas. All of the directory is still there, but we're really focusing it on connecting people with what they need to streamline and scale social. Lucy: So oneforty.com three weeks ago had a relaunch? That's pretty exciting news. Like I said, the site was just great and I really enjoyed looking at it yesterday. Laura: Thank you so much. The other thing that's new is that I was just on a webinar where I gave a sneak preview of some products that we're just launching that put everything you need for social all in one place-tools, all the workflow, all the guides on what to do next. Kind of training wheels for social engagement, making it really easy. Lucy: So Laura, it's really pretty exciting times at oneforty.com. Thanks very much for telling us all about the new site launch three weeks ago. It's really a great site and we really appreciated taking a look at it earlier this week. One of the things we like to find out from our entrepreneurs is how they first got interested in technology, as well as ask them a follow-up question to that where we ask them to look into their crystal ball regarding which technologies they think are out there that will change things even more? Laura: Awesome. Well I was a kid who was really into science, so I came to technology through science. In fact, my degree is in Environmental Science and Public Policy. I always played around with consumer web technologies, but never got involved in software development or anything like that, quite up until I did the startup. So it was a very odd choice for me, because I'd never seen software built. I knew tons of people in the interactive industry who did build software. I had lots of friends who had invested in it, had worked at startups, had run startups. But I myself had never done it. My connection to startups was that I was kind of a communications consultant. I did a lot of work on helping people to present and speak more effectively. And obviously entrepreneurs are constantly on the hot-seat having to present, so I stayed very close to the startup community but never dove into it myself. Long story short, I moved to Boston in 2006 just in time to have my second kid. They're like 14 or 15 months apart. I've no business network up here and I have to restart that communications consulting firm after nearly two years out of the market. So I get into blogging. I hear about this Twitter thing. I blog how stupid this Twitter thing is, around March 2007. And then two months later, the nickel drops and I say, wait a minute. I can surround myself with successful, interesting people and still be this home-based mom of two kids under two, and yet stay motivated and inspired throughout my workday. And that is exactly what appealed to me about Twitter when Twitter finally did appeal to me. Then I got so emphatic over how so much it was changing my life and how amazing and exciting it was for me that I just ran out there with this blog post called, "Ode to Twitter" on something like August 11, 2007. I mailed it to Guy Kawasaki, who, believe me, had never heard of me. And I just started telling everyone who would listen. To my great luck, Guy Kawasaki did listen and then turned around and trumpeted to the rest of the world. So in this very short time, I went from not even really knowing what the term "web 2.0" means in March 2007 to being profiled by the author of "Naked Conversations," one of the first major books in the space, less than a year later in April 2008. The next month, Wiley is coming to me asking me to write "Twitter for Dummies." I'm relaunching my communications consulting firm as a Twitter for business consulting firm, which was a little insane to do in September 2008. It was still really early on the concept and I'm just incredibly lucky that I staked my career on Twitter and not on one of the competitors like Pounce or Plurk, most of which have dried up or disappeared. I got very excited about a technology, because it made huge personal and professional changes in my life. It's like the classic adage to follow your passion and you can't go wrong. I was still was dragged into it kicking and screaming, though. For four months after having the idea for oneforty.com, I was trying to pawn it off on somebody else. But hey, you go build the startup and I'll advise. I'm smart enough to not do a startup. I know they're kind of hell. I'm in the middle of a divorce and have two very young kids. (They were two and three at the time.) And yet I failed at quitting it. I kept trying to quit it and I kept failing at quitting. So in March 2009 I finally started it up in earnest and it's been two years now. Lucy: You know, your comments kind of lead to our second question. Larry: Boy, I'll say, is that a fact. Here you came into this thing through science. You've been through all the different types of things, you knew you wanted to give it up. But... Lucy: And she tried to not be an entrepreneur. Larry: Yeah, exactly. Laura: I tried so hard. I'd worked for a startup in my 20s and the guy was nuts. [laughter] Laura: I've worked with a lot of entrepreneurs and I love entrepreneurs. You have to be fundamentally out of touch with reality on some level to be an entrepreneur, because otherwise you would know that your idea can't possibly work. You need enough detachment from that to be able to go make it work. Which is great, but boy, it puts you into some weird places, doesn't it? Larry: Boy, I'll say so. What is it about entrepreneurship that makes you tick? Laura: I don't know, because I never thought I was an entrepreneur until this happened. [laughter] I have mad curiosity. I love to see things for myself. One of the people who has been kind enough to mentor me is Tony Hsieh, who is the CEO of Zappos. I won't be able to remember exactly what they were, but he asked me three very simple framing questions when I was kind of whimpering and whimpering and saying that I couldn't possibly be the CEO. It was, "Do you have that natural drive and curiosity?" "Do you want to see things for yourself?" And one other thing. He said, "If you have that, you're good. Everything else, you can learn." Lucy: Zappos is a great company. I just ordered my son four birthday shirts from them. Larry: Oh, all right! [laughter] Laura: That's the [inaudible 9:00] , girl. Tony is a fantastic human being, very generous with what little time he has. Lucy: It sounds like Tony definitely supported you on your way on your career path. Do you have other role models or mentors or other people who influenced you? Laura: I was carried by this net, literally my network. When I first did my angel pitch, there were a few people I knew in the investment community who charitably dialed in to hear it and asked me leading questions to help me understand what I was missing. One of them was Christine Herron, who at the time was with First Round Capital and now is with Intel Capital. She literally had to ask me in my first angel pitch, "Laura, where's the pricing coming from?" And I didn't even know what the word "pricing" meant at that point. [laughter] I was that naive. I tried to answer it. Later another person-again, these were friends because of social networking-Dave McClure was kind enough to take the time to listen to the recording. He asked, "Do you know what Christine was trying to tell you, Laura?" I said candidly, "No." And he explained it to me. So I was carried by this huge network of cheerleaders and supporters and mentors. One of the weird, kind of, "rags-to-riches, Cinderella" aspects of all of this is, I was so completely unknown, and then a year later I was in a book by Seth Godin and I was being mentored by Seth and by Guy Kawasaki and by people whose blogs I'd been reading for a long time and looking up to. And it actually took awhile to come to terms with accepting that. Like I felt guilty. I felt like, why am I getting all this time from all these busy people, there's nothing that special about me, I'm just sort of whatever. And then the way I came to peace with how incredibly generous the world was being with all of this was just like, OK, maybe they see a chance to get something done in the world by helping me get it done. So my responsibility to pay back the debt of all this mentorship is not only to do mentoring when I finally have bandwidth to do it, but to follow through and to make sure I realize the riches I've been given and try to create something with it. So that's been incredibly powerful to keep me going. Lucy: Well, and you know this interview is part of a give back. We have had a lot of people listen to these interviews, we have a social networking campaign with Twitter right now, on this interview series, so we really thank you for being with us and giving some of that advice back. Laura: Thanks. Larry: Well you know with all of the neat things you've done, Laura, what is the toughest thing that you've ever had to do in your career? Laura: That is such a great question. I was going to say that, the days after you run into a wall, because make no illusion, you run into a wall time, time and time again when the start-up [inaudible 11:46] , you fail all the time. Investors flake, co-founders drop out, people you hired don't work out, whatever. It's constantly running into a wall. And the next moment where you have to pick yourself up and dust yourself off, is really painful, it's hard. And just staying calm and.. and one lesson I've learned? Being radically nice to everybody, even if they kind of screwed you over. Because it preserves the relationship and you never know where that relationship leads in the future. That said, I'm very lucky, in that the energy just kept surging back to get through those times. I can't even take ownership of that, it was like being a lightning rod. I would give up, I would go to sleep like, "OK it didn't work, tomorrow I'll figure out something else," and I'd wake up still hell-bent on making it happen. So I was lucky. Lucy: Wow, it's great advice to be radically nice to people, even if you think they screwed you over. [laughs] I mean, it's powerful advice and I think it's advice that you might give to any young person who was thinking about being an entrepreneur. Do you have any other advice that you might tell a young person if they were on this call right now or listening to this interview? Laura: I think it's really important to not discount the most trite, childhood, what-your-mother-tells-you of all, is really be yourself. People told me that. I really struggled growing up, I was not socially well adapted, I was very emotional and kind of out of touch with my colleagues, like had a hard time in elementary school. And everyone was like, "oh just be yourself!" and I'm like "yeah, right." You know, "everybody hates me, I can't be myself." But it is so true that the more I was able to connect with "OK, that is what makes me tick, I'm just going to go with it." I mean, I never set out to think, "I'm going to rave about Twitter for a year and a half and someday it's going to be my job to do that." I just couldn't contain my excitement. So things worked out really well for me. I was very lucky. Larry: You know, with all the things that you've been through, in your childhood, preschool and everything else, what are the personal characteristics that really give you the advantage of being an entrepreneur? Laura: Definitely resilience. Some of the greatest gifts that I've been given in life were times that frankly sucked. I won't trot them all out, but... a couple tough things here and there. A couple really scary things that ended really well, like a premature baby and a very minor stroke, and things like that. But those are huge gifts and I don't think people see them in the moment when they're first happening. Again, I want to fall back to the trite, "whatever doesn't kill you makes you stronger," but there is huge, huge, huge silver lining in every negative thing that happens to you. Even if it's just making up a story in your head like "hey, that felt really terrible but I actually just dodged a bullet, because it could have been this," and I look back at the tough times and I am so grateful for every single one of them. I'm sad for the places where something terrible happened and it made other people sad, but I'm so grateful for how much strength they gave me and how much ability to bounce back and how much calm they gave me. I would not give up a single one of them. Lucy: That's just wonderful advice. That's so true of life in general, right? Being able to learn from tough times. Laura: Yeah. Lucy: And really integrate that into how you're looking at situations. Laura: I really do just straight-up cherish some of them. Lucy: Yeah, I think personally I had some in my corporate career that ultimately led to me coming here and doing what we're doing now with MC Wit, and it's just kind of interesting when you look back and thing "gosh, if that hadn't happened I wouldn't be here." Larry: Yep. You bet. Laura: Right! Lucy: It's totally the case. Laura: You know one of the more bizarre things I did was when I was about 26 or 27 I kind of more or less adopted one of my nieces. Who was, you know, "go and live with your aunt for the fun of it," right? So she had a couple things. And my mom was so, like, almost mad at me. She thought I was crazy to do it. But it was huge, I got so much more out of that experience than I put into it. A lot of growing up, a lot of taking responsibility, a lot of learning about how radically permanent love for a child is, because she really was functionally my daughter for three years, when she was 15, 16 and 17. And I remember thinking, "oh how hard can it be?" And wow, it was really hard. You know, being a teenager is tough, and being a teenager who's had a crappy run-in up to there was tough, too. But it took me out of my shell, it made me connect to people in new ways, my career catapulted because I had to get my act together. And I just love her so much, it was just incredible, it taught me a lot. Lucy: Well and that kind of gets to our next question we were talking some about, sometimes people say "oh, you should have balance between your work and your personal life," and how do you bring balance. We've talked to people about it really being an integration, and we're just curious to get your point of view on this issue of work- life balance and how you achieve it? Laura: It's tough and I don't think I'm super good at it. Yeah, not enough. I try to be really present with my kids when I'm not working. I would really love to bike commute more often, because it's about a nine mile, very flat, ride, very easy, takes the same amount of time the train does but forces me to exercise. And I think that's really important in managing the stress. Again, in a twisted way, I'm lucky that I'm divorced, because my ex is a fantastic dad, and he and his fiance are a great family for my girls in the 50 percent of the time I don't have them. I use that 50 percent of the time I don't have them to do all the extremes like, stay up late and work, or travel, or the different things you have to do to do a start-up. And I think that it would be tough if it was an intact marriage, and I didn't have that really clear-cut line of "OK, you are not a mommy right now." Yeah, of course I call them and stuff like that. But I'm not functionally needing to be there for them. And being more present when I am there with them. Larry: My goodness, I must say that you have really done a great deal, you've achieved a lot. What's next for you? What's on the horizon? Larry: You know, I don't think you ever feel like you've achieved a lot. I always feel just like, "oh crap, what's next? Oh my god, we've got to surmount this, we've got to surmount that." It's not like our company's profitable. It's not like we have a billion users. And I think if you asked everybody along wherever they are in the entrepreneurial process, they'd probably talk a lot more about what's yet to come than about what they feel they've achieved. So there's a ton of professional development I want to do, a lot of skills I want to improve upon and learn. I have this little fantasy about joining a team in the future where I'm a relatively junior part and I can really stretch and grow and learn from others who are just the best at what they do. I still don't have very much management experience, I never had an employee before oneforty.com, and so that means it's been really tough for me and for my employees to learn how to manage on the fly, learn all about software on the fly, learn all about business on the fly. And I just feel like I have so much more growing to do. Lucy: Well we have no doubt that oneforty.com is headed towards great success. Laura: Thank you very much. Lucy: We really do thank you and wish you the best of luck. So I want to remind listeners that they can find us at w3w3.com and also mcwit.org and to tell their friends this is a great interview, and to go visit oneforty.com and learn more about how to use Twitter. I know Larry's going there! Larry: I'm going to oneforty.com . Lucy: I saw him underline "Twitter for Dummies." [laughter] Laura: It's tough, right, I can't really give out my book as a gift because it's a bit insulting, isn't it? Thank you so much for the opportunity, such a salute out to, it shouldn't matter, but to the women in technology who are my heroes. Because it is inspiring to see, you know, Padmasree Warrior as the CEO of Cisco, Kara Swisher just tearing it up in tech journalism, Katarina [inaudible 19:01] , one of the first social media founders of a company. Rash [inaudible 19:12] is running slideshare.net, Marissa Meyer who's done phenomenal things at Google. It shouldn't matter whether, you know, I'm inspired by lots of men, too, but it really does mean a lot and I'm just so grateful for all of them and their work. Lucy: Well thank you, and I know people are really going to enjoy this interview. Larry: Yeah, thank you. Laura: Thank you. Lucy: All right, bye Laura. Laura: Take care, bye bye. [music] Series: Entrepreneurial HeroesInterviewee: Laura FittonInterview Summary: Once upon a time known as "Queen" of Twitter, Twitter's own mom-at-home to tech CEO Cinderella Story is CEO/Founder of www.oneforty.com and co-author of Twitter for Dummies. You can read her story in the Boston Globe, on Xconomy.com or watch her Mixergy interview. Release Date: April 25, 2011Interview Subject: Laura FrittonInterviewer(s): Lucy Sanders, Larry NelsonDuration: 20:12

ceo founders google interview series investors lady gaga concept public policy dummies cisco seth godin boston globe women in tech national center wiley ode techcrunch environmental science release date interviewer rash zappos women in technology katarina guy kawasaki cinderella stories tony hsieh interviewees kara swisher audio files pounce mixergy marissa meyer first round capital intel capital toolkits datetime dave mcclure laura you plurk naked conversations xconomy larry nelson laura fitton laura yeah padmasree warrior larry you laura it ncwit preflabel larry yeah lucy it larry well lucy so lucy you interview summary lucy sanders lucy all
Interview with Cathy Edwards

Play Episode Listen Later Apr 4, 2011 14:39


Audio File:  Download MP3Transcript: An Interview with Cathy Edwards CTO and Co-founder, Chomp Date: April 11, 2011 NCWIT Entrepreneurial Heroes: Interview with Cathy Edwards [music] Lucy Sanders: Hi. This is Lucy Sanders. I'm the CEO of NCWIT, the National Center for Women in Information Technology and we have today another great interview with a wonderful entrepreneur. I'm very eager for this interview because not only is she a co-founder of a technical company but she's also the Chief Technology Officer. I think our listeners understand how much we at NCWIT care about technical women. Very eager to get to this interview. With me is Larry Nelson from W3W3. Hi, Larry. Larry Nelson: Hi. I'm happy to be here, of course. You know one of the interesting things is that we've found over this past few years now is that we have many different people that listen to these shows, business leaders and parents as well as many younger girls who are looking into technology. Lucy: Well, they're definitely going to be interested in listening to this interview with Cathy Edwards. As I mentioned before she's the CTO and co-founder. It's at Chomp, which is a great company. I went and looked at it again today. I just love it. It's a search engine for mobile applications, which if you're like me it's pretty difficult to find all the applications that you can have on your mobile device today. Cathy created Chomp's proprietary algorithm that understands the function of each app so you actually get to search for applications, not just on what they are called but what they do. For example you can search for puzzles, you can search for games, I was searching for gardening, and search for fitness, et cetera. It's a great site. It's a great company. Cathy we're really happy to have you here. Welcome. Cathy: Thank you. I'm really really pleased to be on the line. Lucy: So what's going on with Chomp? Tell us all the latest news. I know that you launched in January of 2010 with a platform for the iPhone and just recently for Android. Give us the latest. Cathy: Yeah. Things are going really really well and the app market, as I'm sure everyone is aware, is really taking off right now. It's kind of interesting. If you look at the stats, the rate at which apps are growing both in terms of the number of apps available and the rate of adoption is very, very similar to the early days of the web. This is really looking like being something that's going to be very very big. And of course as it gets really big people are going to need ways to find those apps, just like maybe in the early days you browsed around Yahoo's directory of websites and saw all the gardening websites on the Internet in one place. After a little while it just becomes too many. You need to start searching for them. We think the same thing's going to happen with apps. Lucy: I think that's absolutely true and I have to say this factoid. My husband has an early Yellow Pages of every web site on the Internet. [laughter] Cathy: That is priceless. That's fantastic. You should hang on to that. Larry: Yeah. Lucy: I know. It's one of our family heirlooms. Cathy: [laughs] Lucy: So I mentioned that Cathy's a CTO and she also has a great technical background. She has worked in industry at Friendster and Telstra working in areas of research related to natural learning and language processing. Cathy, why don't you tell us, based on your technical background, how you first got interested in technology. Cathy: Yeah. I was actually extremely lucky. I'm really grateful that I had these experiences when I was young. I was lucky enough to go to two separate primary schools that both really had a lot of opportunities to actually begin programming. I remember doing my first programming when I was quite young using a program called Logo where you could basically draw pictures, program a little turtle around the screen and draw pictures. I just loved it from day one. Really there was no distinction about "Oh, you're a girl so you can't program." I was really encouraged to get into it. Everything just really grew from there. I continued doing programming throughout high school and did Computer Science as one of my majors at University. I've always kind of been technical the whole way through, but I really do think that it was because I was given some of these opportunities when I was young that I really got into it like I did. Lucy: That's one of the things I'd say we're trying to do here, you know? Larry: Mm-hmm. Lucy: To get girls interested. Larry: That's right. Cathy: Yeah. I just think it's so important, and particularly in contexts that they can really connect with. When I was about 12 years old, I did this competition with the Lego Mindstorms robots, which was this, you had to program this robot to pick up an egg and take it from one side of a track to another. Things like that, particularly when you've got robots and it's fun and you're with your friends, it takes it away from being a nerdy, geeky dungeon thing, if that makes sense. Larry: [laughs] Lucy: Well, based on your technology background, we also like to ask people we interview what's your view of the future of technology? What do you think is going to be particularly interesting, perhaps even over and above what you're doing at Chomp? Cathy: Yeah, well I was going to say it's pretty obvious that apps are going to be a pretty big thing. But I think in general, this kind of post-PC world that we're moving into, computing moving away from a single device that sits on a desktop and into every little object, computing becomes a part of everything that we do. Now we have running shoes that can track how far we've run or a wine rack in our house that can track our inventory of wine. To me, that is a really really interesting future to contemplate. Larry: Mm-hmm. Lucy: Ubiquitous computing. Larry: You betcha. Lucy, you mentioned when you went to Chomp.com that one of the things you looked up was gardening. Lucy: Mm-hmm. Larry: Now I understand why you carried in a shovel to your office this morning. [laughter] Larry: Anyhow... Lucy: No way. [laughter] Larry: Cathy, this is either a tough or an easy question. Why is it you are an entrepreneur? What is it about entrepreneurship today that makes you tick? Cathy: I feel really really privileged to do what it is that I do. I love getting up and going to work each morning. I really think that very few people in the world are in a position where they can genuinely say, "I spend a lot of time working and I love every minute of it." To me being an entrepreneur is about really two things. The first is about creating and building really amazing products. The things that people use and that people love. It's almost like, I don't know, being a carpenter and building a table or something. There's this kind of tangible "I built that" feeling that goes along with being an entrepreneur that maybe you don't get at a bigger company. Then the second piece is about creating and building an amazing team of people and I really love working with people. I have the most amazing team at Chomp. It's just that process of bringing people together for a higher purpose to build this thing. It's really an amazing feeling. Lucy: It's very creative. Larry: Yes. Lucy: Just a very creative process. Along that path of becoming an entrepreneur, who particularly influenced or supported you? Cathy: My parents have just been amazing my entire life. They've been very supportive of my career. They're actually both entrepreneurs, although they're back in Australia and they do entirely different things from what it is that I do. But all through my life I have grown up around this idea of entrepreneurship, and being involved with the family business and just this idea of making stuff happen on your own. I really think it was their influence that has helped me get to where I am today. Lucy: Well,you know, you see them taking notes, risks, and creating something from nothing. That's got to be a very valuable childhood experience. Larry: Yes Cathy: Absolutely Larry: For sure, Now Cathy, just as a little sidebar here. My family and I lived in Australia for three years. Met an amazing number of people there. I just wanted to say welcome. Cathy: Oh, thank you. I love it over here. The start up community is really growing, in Australia. And it's really exciting to see what's coming out of there. But definitely exciting to be in a much more established start up community, here in silicone valley. Larry: All right now, with all the things you have done and the support you have had, and the amazing team that you have been able to put together, what is the toughest thing that you have had to do in your career? Cathy: I actually think that that comes back to managing people again, and the pain. I think learning to manage and lead people effectively, is an extremely difficult thing to do. I think it's actually particularly difficult thing for young intelligent people, who are really used to being in control of what they are achieving, and doing everything themselves. I definitely made a lot of management mistakes, when I first started managing people. Learning to overcome that end, to be good at building a team, is something that I had to focus on. Obviously I still focus on it today. There's obviously a long way to go there. That is probably the toughest thing I had to do. Lucy: Wow, I think there is some hidden advice around what you said, about building great teams, as being necessary in entrepreneurship. What other advice would you give a young person about becoming an entrepreneur, if they were on the phone with us today. Cathy: This is actually a really difficult thing to do, but I think if at all possible, please try and find one person that you can trust to start a business with. My co-founder, Ben Kieghran, has been the most amazing partner, as we have gone through this kind of wild, crazy startup ride together. It definitely has made a big difference, just to have somebody that you can talk through problems with, somebody that you can trust and brainstorm with, and somebody you can have a little freakout to when it all gets a little too much. Not doing it alone I think is very important. Lucy: That's what they do down under. They have a little freakout. Larry: I think I remember those, yes. Lucy: I didn't know what to call them, but now I have words for them. Larry: Now, with everything you've been through, the things that you've been developing, and knowing where your going to grow. What personal characteristics do you have that give you the advantage of being an entrepreneur? Cathy: I think I have this interesting combination of extreme impatience on the one hand, but also focus on the other hand. That means I have this bias towards getting things done, I just want to make progress, make progress, get things done. Execution is just so important when your an entrepreneur, that first few months when you just got ideas, and you're out networking, and there's so many things you could do just starting a company. That just like coming back to, "What am I building? Is there evidence that people actually like this?" All of that is just so critically important, that I think that kind of impatience helps me get through that Larry: I love it. Lucy: Yeah, really. Turning to a slightly different topic for a moment, being an entrepreneur is, of course, hard work, all the time seven by twenty four, yet we all are people and have our personal lives as well. How do you either balance or integrate the two. How does that work for you? Cathy: This is a really difficult question, obviously. I think it's something everybody struggles with. My take on it is, work life balance is something that is measured more on a span of years, more then a span of kind of weeks or months. Paul Graham actually has this really great essay where he talks about how economically you can really think of a startup as a way to compress your whole working life into like kind of five years. I feel in that context there's really no way to work a forty-hour week, and go to yoga every night. Really I see that this is the time in my life where I'm really dedicated on the work side of things, but I also expect there will be other times in my life where I will be more dedicated on the family side of things. Having said that, my New Years resolution was not to work a six-day work week every week. I'm working hard on that at the moment. Lucy: I had that resolution, too, and I haven't done it. Cathy: Very difficult Larry: It is tough. When we lived in Australia, we would escape every now and then to Mullewa, and that was a great escape. Cathy: Lovely, I've never actually been there, but I've heard wonderful things. Larry: Oh yeah. Now you know you've already achieved a great deal. You started out working with your programs of iPods, and just recently launched for the Android. Are there other things that you plan on doing. Cathy: We are really just very focused on building the best possible search experience for apps, and app search and web search are really quite different. This is a really difficult problem that hasn't been solved yet. We expect it's going to take us awhile to really get that to be amazing, so that's just what we are working hard on right now. Lucy: Although this question isn't on our official list I just now have to ask it for sure. Based on what you found out so far, with your search for apps, are there any missing areas, where we could all go write apps and get really, really rich. Cathy: You know, everybody asks me that. Well actually we produce an app search analytics support each month. That goes through what people are searching for and that sort of thing. I believe that we are planning on focusing on unfilled areas of app interest in one of those reports in the future. I don't have an answer for you right now, but stay tuned. Larry: I will Lucy: I will, we can write apps, to fund NCWIT. Larry: There you go, I like it. Lucy: Wow, Cathy, Thanks so much for joining us we really enjoyed talking to you. I want to remind listeners that they can find this at w3w3.com, and also ncwith.org. Larry: We'll put up chomp.com on the website also. Lucy: Well, Thank you Cathy. Larry: Thank You. Cathy: Thank you very much. [music] Series: Entrepreneurial HeroesInterviewee: Cathy EdwardsInterview Summary: Cathy Edwards is the CTO and co-founder at Chomp, a search engine for mobile apps. She created Chomp's proprietary algorithm that understands the function of each app, allowing you to search for apps based on what they do rather than just what they're called. Release Date: April 11, 2011Interview Subject: Cathy EdwardsInterviewer(s): Lucy Sanders, Larry NelsonDuration: 14:39

ceo women university learning australia interview internet turning iphone pc series android new years logo concept yahoo cto execution computer science ipods national center information technology chief technology officer release date interviewer telstra yellow pages paul graham interviewees chomp audio files friendster datetime lego mindstorms larry nelson ncwit larry you preflabel cathy edwards larry yeah lucy it lucy so interview summary lucy sanders larry all
Interview with Alexandra Wilkis Wilson

Play Episode Listen Later Mar 21, 2011 13:34


Audio File:  Download MP3Transcript: An Interview with Alexandra Wilkis Wilson Founder and Chief Merchandising Officer, Gilt Groupe Date: March 21, 2011 NCWIT Entrepreneurial Heroes: Interview with Alexandra Wilkis Wilson [intro music]

Lee Kennedy:  Hi. This is Lee Kennedy, board member of the National Center for Women in Information Technology, or NCWIT. I'm also CEO of Bolder Search. This is a part of a series of interviews that we're having with fabulous entrepreneurs, women who have started IT companies in a variety of sectors, and all of whom just have terrific stories to tell us about being entrepreneurs. With me here today is Larry Nelson from w3w3.com. Hi, Larry.

 Larry Nelson:  Hi. I am so happy to be here. This is going to be an excellent interview. I know my wife in particular, who is also my business partner, is very anxious to hear this interview. Lee:  Great. Today we're interviewing Alexandra Wilkis Wilson, who is the founder and chief merchandising officer of the Gilt Groupe. It's an innovative company that's revolutionized the fashion industry and e‑commerce in general. Alexandra has been featured on "Forbes Fortune," "The Wall Street Journal," and many times on ABC, CBS, NBC, CNN and Fox. Welcome, Alexandra. We're thrilled to have you today. Alexandra Wilkis Wilson:  Thanks for having me. Lee:  Before we start, Alexandra, can you tell us a little bit about the Gilt Groupe and what's new there? Alexandra:  Sure. We launched Gilt Groupe in November 2007. We were inspired by a love of fashion and the excitement of the New York City sample sale. We wanted to bring this excitement online for the first time in the U.S. Today, three and a half years later, we have really grown into a lifestyle business where we sell, on our website, every single day, beautiful merchandise, curated by our teams of buyers and merchants across many categories. We sell women's, men's, home decor, children's, beauty. We have a set called Jet Setter, which is all about luxury and high‑end travel around the world. Our newest launch is called Gilt City, where we offer local experiences. We are live there in New York, L.A., San Francisco, Boston, Miami, Chicago, and also in Tokyo, because I forgot to mention we have Gilt Japan as well. Lee:  Wow. That is exciting. Larry:  Great. Alexandra:  We've been busy. Lee:  We'd love to hear how you first got into technology, and then what technologies do you think are cool today? Alexandra:  Prior to founding Gilt Group, I had never worked in technology officially, in any capacity. I had been working for Bulgari and Louis Vuitton after business school, in much more of a bricks‑and‑mortar environment. My co‑founder, Alexis Maybank, is the reverse of that. She had worked at eBay. She was a very early employee there, and scaled from about 40 to 5,000 employees over the five‑year period, so she had terrific e‑commerce experience. However, I would say I've always been a pretty early adopter of using new technologies as a consumer. Lee:  It sounds like you two had a good combo in your backgrounds. Alexandra:  Absolutely. Lee:  The second part of the question was, what do you think is really cool in as far as technology, gadgets? Alexandra:  There are so many technologies that I think are cool today. Probably my most recent purchase is Apple TV, which I just love. It's a chance to bring together a lot of different forms of media together from having our photographs, to Netflix and movies and music, all kinds of different sources that we use on a day to day basis, whether it's on the computer or TV. It's all in one place. Of course, I have an iPad. As soon as iPad launched, I had one, and actually I'm proud to say that when iPad launched, Gilt had a great app from day one. I love this app. If you haven't taken a look at it, you should download it. It's free, and it makes shopping on the go a lot easier. We also of course have an iPhone app, an Android, and we have mobile as well. Lee:  Cool. Larry:  Wow. We'll make sure that we put a link to that app, how's that? [laughter] Alexandra:  That would be great. Thanks. Larry:  All right. Why are you an entrepreneur? What is it about entrepreneurship that makes you tick? Alexandra:  Sure. Prior to founding Gilt Groupe, my resume didn't look like an entrepreneurial resume, but I think that is something that is innate and something I was born with, in terms of my creativity, my spirit. My father's an entrepreneur. I was the little girl growing up in New York City who loved to have lemonade stands. While I'd have a lemonade stand, I would sell the bracelets that I made off of my wrists because someone would tell me that they loved that bracelet. I was always into little business ideas from a very young age. I had a babysitting business that I built. So I think it's something that comes from within. Something that's important to think about is there's so many different types of entrepreneurs. There are the people with the big ideas, and then there are the people who can take an idea and really run with it and execute it. I think both types of entrepreneurs are equally important in creating a startup that can really become successful. Lee:  It definitely sounds like it was in your blood. Larry:  Yeah, that's a fact. Lee:  When you think back about your career path, who's really been a role model or influential in supporting you in this career path? Alexandra:  My parents have always been very supportive and involved in my education, and after my education, in my career path and the different choices I have made along the way. I definitely spoke a lot with my parents. My husband also played an important role. I think he is the one who helped give me that confidence to push me forward and take a risk and do something I have never done before. So I think it begins with family, absolutely. But it's also important to have mentors and a figurative personal board of advisers of people that you can go to for advice, to brainstorm ideas, to have sometimes a sanity check. As I've seen my career progress over the years, I think that personal, figurative board of advisers actually does evolve over time, and at different stages in one's career, you need different bits of advice. You also meet a lot more people along the way. Larry:  Boy, I'll say. With your brick‑and‑mortar background, along with your high‑tech‑ness today, what is the toughest thing that you've had to do along the way in your career? Alexandra:  I think that's a hard question. I'm only 34, and I expect to have a long career ahead of me. I think there are always tough moments, from some difficult days and being exhausted to making big decisions of when to move on from an opportunity, when to launch something, start something new. There have been many moments where I've had to seek guidance. Right out of business school I was very focused on working in luxury. I worked for Louis Vuitton in their management and training program. I literally was, for a year, standing on the shop floor, on the sales floor, working directly with customers. Sometimes that would be very humbling and I would wonder if it was a crazy decision to be doing a job like that, or if maybe it was really smart to understand retail from the bottom up. Today I think it was smart, but at the time, I certainly did question myself. Lee:  It kind of leads into our next question. If you were sitting here with a young person and giving them advice about entrepreneurship, what advice would you give them? Alexandra:  Well, I love speaking with entrepreneurs and people who are considering doing something entrepreneurial, so there are a lot of tidbits I would share. One is to figure out what you're really passionate about, what you're good at, what makes you so inspired and excited that if you were doing something from a career perspective 24/7, what would make you jump out of bed in the morning and run to work and it wouldn't really feel like work? I think when work feels like work, it's not as fun. I think it's important to have fun on a job, to learn on the job, to be around people who you respect, who you can learn from. I think learning is so important, no matter how old you are and how experienced you are. I think it's important to be OK with failure. I think if you're so worried about, "Well, what if this fails? What do I do if this fails?" then that's just setting yourself up for not a good situation. It's OK to fail. Some entrepreneurs learn their most valuable mistakes from having a rough start. You can always start again and do something different. So go for it, but make sure you have a great team of people you really trust, that you really know very well, because when times are tough, you see people's true colors. You want to make sure that you really are close with the team that you start a business with. Larry:  I can relate to everything that you have said so far. My wife and I, we started 12 companies over the years, and we've always told people we've learned more from the failures than we did from the great successes. Alexandra:  I believe that. Larry:  Yeah. Just a little introspection here. What are the personal characteristics that you think that you have that give you the advantage of being an entrepreneur? Alexandra:  There are probably a few things, I would say. One is I'm a very hard worker. I'm very dedicated. I'm responsible and reliable. I've always had this sort of fire in my belly, whether you want to call it ambition or drive or just enthusiasm for something when I'm really passionate about it. I think those are all important qualities to have. I also love people. I think I can read people pretty well. I speak several languages. I really speak several languages. I speak English, Spanish, Portuguese, French, Italian, but I can also speak in a nuanced way, different languages. Which, what I mean to say is I can be equally comfortable speaking to a CEO as I am speaking with the CFO, the CMO, a very junior person, a designer, someone in marketing, PR. Really, at all levels of a company. In terms of what I had built with Gilt Groupe and convincing thousands of brands to work with us, I've relied on this ability to communicate with different people, different levels of people, different backgrounds, different mindsets, and being able to adjust my message and my positioning based on that person or that company's point of view. Lee:  That definitely helps. Larry:  Yeah, you bet. Lee:  When you think of your long days and struggling through different challenges in the startup you've been in, how do you bring balance into your personal and professional life? Alexandra:  Well, I'm still learning how to do that, so if anyone has advice, I'm always open to hearing how other people do that well. But I'm very organized, and I think that's important. I'm also a new mother, so that forces me to be even more organized than I was in the first place. I think it's important to take time for oneself, for family, for friends. But there are always going to be moments where things are a little bit out of balance. There are going to be time periods where I have to work really hard, I have to travel. I'm not going to be able to spend as much time with my family. That's OK, and I'm OK with that, as long as overall, I can find that type of balance. I certainly rely on technology in terms of communicating with the people that are important to me. Lee:  That's inspiring. You've started this company and you've had a baby. Larry:  Speaking of that, you've got a new baby, you've already accomplished a great deal at your young tender age. What is next for you? Alexandra:  I'm still having a great time. I'm learning a lot, and I think as long as I'm continuing to learn and interact with people that inspire me, I will keep going as is. I love what we're doing and creating with Gilt Groupe, so I think I'm here for a while. Larry:  All right. Sounds wonderful. Lee:  Thank you so much for interviewing with us today. We've enjoyed hearing your story, and we look forward to having it up on w3w3.com as well as ncwhit.org. Please pass this along to friends and family and anyone that's interested in becoming an entrepreneur. Larry:  Isn't that a fact. In fact, some of the parents who are raising their children to give them a little entrepreneurial shove. Alexandra:  Thank you very much. It was a pleasure. Lee:  Thank you, Alexandra. Larry:  Thank you, Alexandra. [music] Series: Entrepreneurial HeroesInterviewee: Alexandra Wilkis Wilson Interview Summary: Inspired by a love of fashion and the excitement of a New York sample sale, Alexandra Wilkis Wilson founded Gilt Groupe to share her love and excitement with a larger online audience. Release Date: March 21, 2011Interview Subject: Alexandra Wilkis WilsonInterviewer(s): Larry Nelson, Lee KennedyDuration: 13:33

tv ceo women new york netflix new york city chicago english interview pr san francisco french speaking miami spanish italian iphone abc cnn nbc tokyo series android cbs wall street journal boy ipads ebay concept apple tv cfo cmo portuguese national center information technology louis vuitton release date interviewer gilt interviewees audio files bulgari datetime gilt groupe larry nelson alexandra wilkis wilson gilt group ncwit gilt city preflabel lee kennedy interview summary
Interview with Bettina Hein

Play Episode Listen Later Mar 7, 2011 18:35


Audio File:  Download MP3Transcript: An Interview with Bettina Hein Founder and CEO, Pixability Date: March 7, 2011 NCWIT Entrepreneurial Heroes: Interview with Bettina Hein [music] Kennedy: Hi, this is Lee Kennedy, board member for the National Center for Women in Information Technology, or NCWIT. I am also CEO of Bolder Search. This is part of a series of interviews that we are having with fabulous entrepreneurs, women who have started IT companies in a variety of sectors, all of whom just have terrific stories to tell us about being entrepreneurs. With me is Larry Nelson from w3w3.com. Hi Larry. Larry Nelson: Oh, hi. I am really excited to be here. Once again, this is going to be a fantastic interview with a number of high powered women who have really been examples of super entrepreneurship. Lee: Wonderful. You want to tell us just a little bit about w3w3. Larry: Well, we have been doing it for 12 years. We are an Internet‑based business radio show. We host everything and archive everything. We have over 17,000 pages on our website and they are all business interviews. We are excited about that. Lee: Wonderful. Well, today we are interviewing Bettina Hein who is the founder and CEO of Pixability. Pixability helps small and medium sized businesses increase sales by using video. Bettina is a repeat entrepreneur based in Cambridge, Massachusetts. Prior to Pixability, Bettina cofounded Swiss based SVOX AG in 2001 and led the venture‑backed speech software company to profitability. Then in 1996, Patina was the initiator of START, an organization that advances entrepreneurship among college students. She is also the founder of SheEOs, and that's a network for female CEOs and founders of growth companies. So Bettina, welcome. Bettina Hein: Thank you very much for having me. Lee: Well, we'd love to hear a little bit about Pixability before we jump into some questions we have for you. Bettina: Well, you said it correctly. We help companies and non‑profits create and promote themselves via online video. We help you create a great video by for example sending you a flip camera and you shoot the video. We spruce it up and then we have software that publishes that video all over the Internet and search engine optimizes. We are really the experts for video marketing. Lee: Wonderful. Larry: Oh I love it. Lee: We are just going to jump into things here. We'd love to hear how you first got into technology. Bettina: I've been in tech all of my career. I guess it started a little bit earlier than that. I started with computers and programming in Logo when I was in fourth grade on an Apple IIe way back when I went to college for business administration and did finance. But I was always in love with technology and would spend lots of time with all the guys in the windowless rooms with the computers. When I got out of grad school, I had offers from investment banks and consultancies and all of that. But I really wanted to be in tech. I took my fourth grade book where I had written down these Logo programs, written them out, so I took them to talk with the founders of tech companies. I became involved in SVOX my first company which is a speech technology software company based in Zurich, Switzerland and became a cofounder there. I've been in tech and an entrepreneur all of my career, basically straight out of grad school. Lee: Well, and the other question I had is what today you think is really cool, what technologies do you just love to play with? Bettina: Well, you should really play with Google Translate because that has my SVOX [indecipherable 00:03:56] and the company SVOX's technology. There is a speech technology that is pretty cool. But apart from that, the obvious thing video. There is a lot of things happening around video and into active video and video on mobile phones. That ties in with all the things that are happening in the mobile space. I really think that there are lots of things happening that are relevant for businesses in mobile and that again ties in to the social web, social media. As a geek on the side I am also really interested in things like Amazon's Mechanical Turk, because that sort of shows the human computing interface. Probably you saw what was on Jeopardy last week was IBM's Watson. I am really fascinated on how humans and AI that interface there. But that's something that's a little bit further out for commercialization, actually. Larry: With your experiences now, what is it about entrepreneurship that makes you tick, and why did you become an entrepreneur. Bettina: I didn't know any better. All of my four grandparents are actually entrepreneurs. My grandmothers as well as my grandfathers were entrepreneurs in their own right, and my parents as well. They are professionals and nobody in my family ever had a nine‑to‑five job. I didn't really know what that meant. I heard that you have this career thing and you go to an office and you come back at night. But I never experienced that from home. I didn't really know what that meant. For me it didn't seem like a far reach to become an entrepreneur. Also, I love creating something from nothing. It's really so wonderful if you do it with an organization or if you do it with a company, that you have this idea in your head that you want to create something that helps fosters entrepreneurship in college students. What I did was START. Or you want to make speech technology an everyday then people use, and you have this idea and you work really, really hard. It's extremely hard, but it comes alive when you create all these jobs. My last company has over 120 people. My husband is also an entrepreneur. Together we have created over 500 jobs. I am really, really proud that I figured out by hard work how to take something and turn it into an entity that provides a livelihood for so many people. Lee: Boy, that's so cool. This question is a lead on to that. Who influenced you or supported you to take the career path you have? Do you have any role models or mentors? Bettina: Well, my family, definitely. My grandfather grew a company. He was a coal miner and when he was 15 he went into the coal mine and was under the earth. It was a really back breaking hard job. Over the years, he found ways to make money in other ways. He ended up having a wholesale Coop providing hundreds of millions of tons coal to the big energy producers, electricity producers. He was retired by then, but he would always tell me how he did that. How he used his knowledge, when he was 15, to do all of that. He would do math problems with me on this and tell me about how he negotiated across the table and that he always was really faster in his head. They couldn't pull out a calculator as fast as he could do the math, so we would work on that. Up to about five years ago, I had mostly male mentors because I haven't seen any women doing what I was doing. As a female entrepreneur in technology, in Europe there were hardly anybody to look up to. But then I moved from Zurich, Switzerland to here to Cambridge Massachusetts. I found that well there are these people I can look up to that can be a mentor. You interviewed Gail Goodman the founder of Constant Contact, or the founder of the Zipcar, Robin Chase. People like Beth Marcus who sold her fifth company. People have done this here before. I now feel like I am living in Disneyland in a way because I have so many people that support me. I am trying to give it back with SheEOs group that I created to foster more female entrepreneurship. Larry: That's terrific. By the way Lucy Sanders always likes us to ask this tough question. What is the toughest thing that you had to do in your career? Bettina: So I started my first company when I was 27. This was in 2001. So it was post dotcom boom. But there was still money around and a little bit of hype around. But that very quickly evaporated. But, we were able to raise money and we hired people and that was going pretty well. Then we just did not make any of our goals. It was terrible because I, the young person, had promised the world to all these people. We hired over 20 people. I had to fire half of them at a certain point, together with my co‑founders. That was really, really, really hard to do that. In Europe, it's also harder to fire people. You don't fire them and they leave that day. You have to keep them on for three months. You have to continue to paying their salaries so, that was really, really hard. It made me very prudent about over hiring and making sure I meet my goals before I promise people too much. Lee: Yeah, I think we've heard from a good majority of the people we have interviewed that having to lay off people or fire people is not easy. Larry: Yeah, Bettina, you're absolutely right about in Europe. My wife and I have owned a number of companies in Europe. We had some of those similar experiences. Bettina: Yeah, you have to look people in the eye for three months and say, "I failed you." Every single day they look at you while they're searching for new jobs, but they still work for you. I didn't feel so hot. Lee: If you were to think back of all the things you learned through growing businesses and having the networking, the CEO, what would you advise a young person about entrepreneurship if they were sitting with you there today? Bettina: That's one of the things I really love doing. I really love helping other people make their dreams come true. I typically tell them anybody can be an entrepreneur. I tell them that "You can do it." There are three things I tell them that they need. The first one is naivete. If you knew what was going to hit you during the course of building your company, you would not start. [laughter] Larry: You're right. Bettina: You should really, really start young and go at it. That doesn't mean to be unprepared, right? That means, you have to do your research. You have to look for a good market. But, if you knew too much, you would not be able to be an innovator. Naivete is the first thing. The second thing I tell them they need to have is chutzpah. Do you guys know what that means? Lee: Yes. Larry: Yeah, we do, but why don't you explain it to our listeners. [laughter] Bettina: Yeah. I always usually ask them. It means being audacious, putting yourself out there. You really have to own it and say, "Yes, I am convinced I can do this and I can solve your problem." Let me give you an example. When we started SVOX, we were a small company, but we had the chutzpah to go to Mercedes Benz and say, "We have the solution for your flagship product, the S Class and we want it." We didn't know at the time how we'd be able to deliver. I mean, we had a plan, but we couldn't the next day have delivered. But, they gave us an order for this, and that made the company. Chutzpah means putting yourself out there. It doesn't mean winging it. You have to do your homework and be prepared to deliver. But, you have to also say, "I know I can do this for you. Trust me on this." Then the third thing is perseverance. You have to have the willpower to see it through. Because It's hard. It's very hard and you're going to want to quit. Often. You have to see it through. But, that doesn't mean being stubborn. You do have to take cues from your environment and pivot and change your business model and evolve it. Just as I said my toughest experience was firing all those people. Well we didn't give up. We laid off all those people because we said, "OK, with the cash that we have and where we need to go, this is how we can get to growing the company." Since then, the company has grown more than 10X. But, we knew we had to see this through. If you have those three things, I think any young person can make it in an entrepreneurship. Larry: Wow. You have hit on a number of different things that you've done, and so on, but let me just see if we can narrow this down. What are personal characteristics that have given you the advantage of being an entrepreneur? Bettina: Well, first of all as I said before that not know any better, the family background, definitely. Also, if you statically look at it, what makes people more inclined to be entrepreneurs, is if they have role models in their family to do that. But, just personally, I have a dogged determination to succeed, to make things happen. I think that's really the most important thing that people say to me. I feel that motivates the people that I find to work for me most is that people can serve me all kinds of punches and I will get back up, get back on the horse and just continue on. Obviously, that's my strategy and learning from those punches, but I will do that. I think my team also [indecipherable 00:14:46] the energy through hard times to keep going. Lee: With all the startups and things that you've done, how do you bring balance into your life, between personal and professional? Bettina: It all melds into one, in a way. I just don't believe in this myth that you can completely separate your personal and your professional life. I think that's just not true. I do think that you have to have some little bit of distance. I try not to work on Saturdays. That's what I try not to do. I also advocate that people take time off and I do that myself. It's very hard to do that, but being from Europe, a lot of vacation there is mandated by law. What I always try to train everybody in the company to tag team it. We're experimenting this year with a vacation policy that says you get two weeks off a year, or you get four weeks off a year, if you take two weeks at a time. You have your pick. You can either get four weeks, or two weeks. But, of you want to take off time, don't piecemeal it a day here or a day here. You have to take two weeks off. The reason for that is, that I want people to do their jobs and document them so well that other people can take over their jobs for two weeks while they're gone and they don't have to worry. I try to do that with myself. I really try not to be a bottleneck for decisions or for things that are happening in the company. For me, I think, it's very hard to do. But, I am really working hard on it. Right now, I am getting ready to have my first baby so I am really working very hard in order to be able to take four weeks off of maternity leave and trying to get everybody transferring enough responsibility so I can go do that. It's a big challenge, but I absolutely believe if you fail at that, then your company will collapse like a house of cards if you leave. That means you didn't build a good organization. Larry: Bettina, you're right on. My wife and I, who are in business together, we have five kids, so we have some empathy for what you're talking about. Bettina: I'm glad, yes. It's going to be a challenge. I know that. Larry: Besides your new baby, you've already achieved a great deal. What's next for you? Bettina: Well, I think there's lots more out there. I think I am 10 years into my apprenticeship of being an entrepreneur. I think I'm constantly learning. I do have a dream of taking a company public one of these days, like Gail did with Constant Contact. Pixability we often sell ourselves to investors as, "What Constant Contact did for email marketing we're going do for video marketing." But, maybe being public these days isn't the most attractive thing anymore, but I do want to grow a company in a substantial way and into the thousands of employees. That's my dream that's still out there. Larry: I have a feeling you're going to do it too. Lee: That is a wonderful dream. Bettina: Thank you for that confidence. Lee: We thank you for interviewing with us today. For everybody out there listening, you can find these podcasts on W3W3.com and as well at ncwit.org. Please pass it along to a friend. Thank you Bettina. We've enjoyed having you today. Bettina: Thank you very much for inviting me. Larry: Thank you. [music] Series: Entrepreneurial HeroesInterviewee: Bettina HeinInterview Summary: Bettina Hein believes there's a recipe for successful entrepreneurship, and in this interview she shares it. Ingredients include chutzpah and persverance. Release Date: March 7, 2011Interview Subject: Bettina HeinInterviewer(s): Larry Nelson, Lee KennedyDuration: 18:34

ceo women amazon trust europe interview internet ai massachusetts series ceos switzerland cambridge logo ibm disneyland concept jeopardy swiss ingredients coop house of cards national center zurich information technology mercedes benz 10x release date interviewer google translate interviewees constant contact patina chutzpah audio files zipcar because it mechanical turk cambridge massachusetts s class datetime apple iie naivete pixability robin chase bettina hein larry nelson ncwit larry you gail goodman svox lee kennedy preflabel larry yeah lee well larry well interview summary lucy sanders
Interview with Alicia Morga

Play Episode Listen Later Feb 21, 2011 19:13


Audio File:  Download MP3Transcript: An Interview with Alicia Morga Founder of GottaFeeling, Consorte Media Date: February 21, 2011 NCWIT Entrepreneurial Heroes: Interview with Alicia Morga [intro music] Lucy Sanders: Hi, this is Lucy Sanders and I'm the CEO of the National Center for Women and Information Technology or NCWIT. We've got just another great interview coming up. I can hardly wait to talk to the person we are talking to today. With me is Larry Nelson, w3w3.com. Hi, Larry. Larry Nelson: Hi and I am so happy to be here. This is going to be an extremely interesting interview. The listeners out there, make sure that you get yourself ready to take a few notes here, too. Lucy: Absolutely. Lee Kennedy who is founder of Bolder Search and she is also a serial entrepreneur and probably most importantly, she is on the board of directors at NCWIT. Welcome, Lee. Lee Kennedy: Thanks and I love being here and part of NCWIT. Larry: All right. Lucy: Today, we are interviewing Alicia Morga who is currently the creator of gottaFeeling. This is an iPhone application that we must all go get. It basically tracks and shares your feelings. I went and look at the interface and it's just so cool. To think that all the places where I'm happy could be tracked over time and that I could learn something from that. It's just a wonderful application. But, before that, she was the founder and CEO of Consorte Media and it's a digital media in marketing company that is focused on the Hispanic market. Ultimately sold to Audience Science in April 2010. I was intrigued by Alicia's bio and I went to her site to learn more and she has the most wonderful video bio, I think I've ever seen. I really want to encourage all our listeners who want to be inspired to be entrepreneurs and to really get out there to go and listen to Alicia's video bio on her site. I know today we are going to hear some great advice. Here is my personal favorite and my husband was listening as well. Alicia, I'm ratting on you now but you said like "I do things to scare myself on a regular basis." [laughter] Lucy: It was just great. Welcome, Alicia. We are really glad to have you here. Why don't you tell listeners what have been going on with you lately before we go on to our interview questions. Alicia Morga: Well, thank you for having me first off. I have continued to do things that scare me. One of those is actually building a mobile application. I've never done that before. I actually didn't own an iPhone, or an iTouch and decided this is something I don't know anything about. Why don't I just jumped in and see what I can create. That is when I created the gottaFeeling application. As you said before, that's an App that helps people identify, express and manage their emotions. As you all some intend, you can track where and when you've been having those emotions. You got a better sense of what in your life is actually making you happy or not. Lucy: See, isn't that good? Larry: Yes, I'm happy. Lucy: If I plot my iPhone when I'm around you and I press annoying, annoying, annoying... Larry: Be careful, be careful, be careful, be gentle. Lee: That's how I kind of look at it. Not when I was happy but when I was sad. [laughter] Alicia: Just an beneficial. Serve you when you are unhappy, as well. Lucy: And so, Alicia, why don't you tell the listeners how you first got interested in technology. Alicia: Absolutely. It was a security's route. That was for sure. I did not grow up thinking I was going to be an entrepreneur nor anybody who knew me think I was going to be an entrepreneur. But when I look at it back now, I realized I have all the entrepreneurial traits that are usually necessary to become an entrepreneur. I was very curious and adventurous. The first time I got into technology was when I was in high school. There was a basic programming language course that I ended up taking and I built a baseball game in basic and thought wow, this was fun. You can build anything that you want in this thing called the computer. I had absolutely no concept beyond that I would use technology. But I ended up going to Stanford University and that of course, just plunked me down in the middle of Silicon Valley. I started to hear drips and drabs about technology and entrepreneurship but really didn't connect the dots until I became a corporate lawyer after law school off at Stanford University. At that point starting to work with technology companies and venture capital firms. That's when I just started to really dwell. There's this business here and this is how people here make money. I want to understand it more. I started just digging in. At that point, the Internet was more evolved and I was able to go online and see how other people were using technology and that was very inspiring. Lucy: Well, as you look at then on the technical landscape today. Are there any technologies that you find particularly exciting? Alicia: What was so eye opening to me about learning technology. We are not really as far long we think we are or we would hope to be. And so, the uses of technology right now are pretty basic. And so, I'm actually excited about pushing the technologies a little bit further. One of the things that I really like about this mobile application and the next company that I'm going to be starting is how do we push the technology to do more than just read newspaper accounts or play a game. But actually use it more in our everyday life. Some in extremely motivated by the quantified self movement, I don't know. You guys are familiar with that. But in essence, it is using the device, the technology device that are out there today like the mobile phone. In some cases, devices that are actually created for specific uses like Fit Fit or Nike's iPad tracker. To give you more feedback about who you are as a human being and to use the data that you produce by yourself to make better decisions and improve your life. I'm really excited about technology that is going to actually make a fundamental difference as opposed to just highlighting the symptoms. Lucy: Gosh, I love these interviews. It's like I always learn so much from. Thanks. That's really cool. I mean I have to check that out. Alicia, you have started to talk about the characteristics of why you are an entrepreneur, you're curious and adventurous. Can you expand on that? We'd love to hear about why you are an entrepreneur and what it is that makes you tick about being an entrepreneur. Alicia: I basically started my own company because at that time, I was working at The Carlyle Group, a private equity firm, and really... Was also at my beginning 30s, and really started to ask myself where did I really want to be in 10 years and whose path did I want to be own. I thought the task at the Carlyle Group, a very fine firm, but it was going to be a long tap and arduous one to become partner. I wasn't necessarily sure that's exactly what I wanted for myself. I started looking around. I had this friend who start his own business and that was very influential because up until that point, I've never known anybody to be an entrepreneur. Because I am a curious person, I started asking him about what his day was like and I went over to his house. We lived in the same neighborhood and he was making hotdogs. I remember in his pajamas one day. [laughs] I start wow, is this what being an entrepreneur is like? ? [laughter] Lucy: Yeah. [laughter] Alicia: That was eye opening. But what I got out of that interaction was you get control over your destiny in a way that you don't necessarily as an employee when you are the employer, when you are somebody who has the vision and is getting the team together and pushing forward towards that vision. There is just a whole level of control that you get and also, responsibility. But that was very, very intriguing to me. I get a lot the question: Are entrepreneurs born or made? I think that is a tricky question because I think it's a little bit of both. I think there are folks who have the personality traits that will help them to be successful entrepreneurs. But they may or may not have ever been put in a context that makes it available to them, that gives them the exposure and access they might need to become an entrepreneur. And without that context, you can have some very limiting belief about what's possible for you which was definitely the case for me earlier on. It took me... I've gone into my 30s before I felt safe enough before I felt more confident in who I was as a person to actually explore entrepreneurship. Larry: Wow. Lucy: And now, you make hotdogs in your pajamas? [laughter] Alicia: Sadly, that's true. [laughter] Lee: All right.  Larry: OK. That's another session, OK? [laughter] Larry: Alicia, along the way, you've worked with so many different people. Who are some of the people that you would say supported you in your career path whether they are mentors or role models? Alicia: When I was younger, I had a feeling this question would come up. And so, I was thinking about this. I was thinking who were my mentors when I was younger and I actually didn't have mentors. By virtue of where I grew up, I was in a socio-economic community. Most of the people I knew didn't have college degrees, didn't have any college degrees, were not in any sort of professional industry. I then had to turn to popular media basically, to provide me with a sense of what else was out there and available. I had a mind that wanted to know what else was out there. I have to say, some of my mentors are actually PBS. [laughs] I found the PBS channel, and I used to watch "Nova" religiously. Especially when I was 12, for some reason, I went through a whole "Nova" period. [laughs] I was also fortunate that there was "The Cosby Show" at the time. That was the first time I had ever seen a doctor and a lawyer who were married. Growing up popular media actually had a very huge influence on me and were my mentors, until I got much older. Then in the process of being entrepreneur, becoming one, living as one, one of my greatest mentors is a woman named Carol Robbin. She's actually a professor here at the Stanford Business School. She was my CEO coach. There came a time in my entrepreneurship experience where I felt very overwhelmed and I needed help. I was referred to her, and she has just been fabulous. She used to be fabulous in my life, but somebody who I really look to for not only how to be an entrepreneur, but also how to be as a person. Lucy: Alicia, you've done a wonderful job describing to listeners the path you've taken as an entrepreneur. What's the toughest thing you've ever had to do? Alicia: Hmm. [laughs] There's been a lot of tough things I've had to do. There have been tough experiences in my life. The number one toughest experience, I think, in my life, was when I graduated from high school. I had been accepted by Stanford University, but I didn't have the financial resources to make it work. I actually had to spend two years working full time and going to school at the same time, saving money in order to transfer into Stanford at the beginning of my junior year. It was the first time I was confronted with the fact or the reality that you can do everything right and it still not work out. It was a hard lesson to learn, but it only solidified my persistence muscle, which is, if you really want something, you just keep going at it and eventually you'll get there. You can't take the early signs as signs that you shouldn't be doing it. Then later in my career as an entrepreneur, I think the hardest moment was in essentially my former company at Consorte Media always had to do with people. There came a time when we had to lay off a few folks, and that was extremely difficult. Especially in a small company, when you know people well, you know exactly what's going on in their personal life. It's the last thing you want to have to do. Very, very difficult. Lucy: That seems to be so many of the woman that we've interviewed in this series, is having to lay off someone, and having to reorganize. Alicia: Absolutely. People are the joys, but they're also the greatest challenge, as well. Lucy: Looking at a more positive note, if you were sitting here with us, and you were going to explain to somebody that was thinking about becoming an entrepreneur, what advice would you give them? Alicia: That's a great question. I would first tell them to listen to their body. I know that sounds really strange, but I have found that entrepreneurs are the people who do. There's a great big mix of people who talk about doing, but entrepreneurs are the ones who actually get out of their chair, off their sofa, and start trying to make it happen. It may not happen in the way that they want it to, but they're the ones who take the first step. You have to start to notice, as you think about entrepreneurship or what you might want to do next in your life, what your body does. If you find yourself searching online in the subject area that you're interested in starting a business, that's a great sign. If you find yourself thinking about but you never actually get up to go start doing some research or asking people some questions, that's a sign that you're probably not going to end up doing it, or the time is not right for you to become an entrepreneur. Woman: So you've got to move. Larry: Got to move. Now, I think maybe there's a little bit of a hint about that, because I want to ask you, what are the personal characteristics that you have that has given you the advantage of being an an entrepreneur? Alicia: Absolutely. I'm a mover. As you probably also might have noted in the video, I'm a runner. [laughs] I like to run. I'm a very physical person, just first and foremost. But mentally I am what's called a quick start. There's actually a test out there that people may or may not know about that is particularly interesting. I have found it interesting in assessing who I am and what I'm good at. It's called the Kolbe Index. It tells you what your conative style is, which is how you actually go about doing things, as opposed to just thinking about things. I am somebody who just dives in, and then tries to figure it out as I go along. I tend to get in over my head and then swim my way out. I think that's actually a great trait for entrepreneurs, because it's never going to be perfect. The stars aren't going to all align and the doors are just going to open up, and there's going to be sounding angels saying, "It's ready, it's time for you to start your company!" It just never happens that way. I analogize it a lot to having a baby. There's really no good time. But those people who jump in and do it are really, at the end of the day, entrepreneurs. I think that's a really key trait. Lucy: Absolutely it is. Alicia, in terms of balance between your personal and your professional life, you mentioned you're a runner. That certainly helps bring balance. It certainly relieves some stress. What other things do you do that help put balance into your life? Alicia: I have to admit, during my time at Consorte Media, I was terrible at balance. I really was. When you're brand new and it's your first thing, you're just so engulfed by what you're trying to accomplish that you think about it all the time. It's really hard to set up boundaries. This time around, I'm much more aware of how necessary it is to take a break and go for a run, or see your family, or hang out with friends, or just do something completely different. Play the guitar for a while to give yourself a mental, physical, emotional break from what you're trying to do. That's basically what I do to maintain balance. I see my family. I see my friends. We talk about things that are completely unrelated to what I'm doing on the business side. That helps. Lucy: Definitely helps. Larry: You got it. Lucy: Well, Alicia, your life is really interesting, and I can't wait to go watch your video. Tell us what's down the road for you. What are you excited about? Alicia: I'm really excited about where this mobile application is taking me. I'm very excited the concept of self awareness. One of the key things that I had to learn in becoming an entrepreneur is understanding who I was, which sounds so wishy-washy or touchy-feely, but turned out to be an incredibly important thing, because you can't be a leader without understanding your weaknesses and your strengths. That means really taking the time to understand who you are. I find a lot of people really don't do that, particularly young people. You get pigeon-holed really quickly into a track. You go down that track and not enough people, I think, stop to ask themselves if they're happy. Is there something that actually is working for them? I don't think happiness is necessarily the end all, be all. It's actually quite a fleeting thing, and it sort of happens every once in a while, and that's great. But is your life or what you're doing in life really congruent with who you are so that you're getting the best out of it? To do all that, you have to go back to some basic skills that we all started to learn in kindergarten, in the first grade, when we learned how to identify our feelings and to express our feelings. But it's a skill, and it's not something that's actually practiced on a regular basis. It's not something you can learn once and then hope to have for the rest of your life. I think it's extremely important that people continue to focus in on, "Who am I, and how do I get myself to a place of peace?" To do that, I think there are ways technology can help. So while "Got a Feeling," the mobile application, is one part of what I'm trying to create. I'm working on a second part, a company that's in stealth mode, but it's called Regmeta which is actually a Portuguese word for "reflect." It will help individuals to see themselves through the information they share about themselves online, and also through their relationships with others. Lucy: That's really interesting. Larry: Sounds interesting. Wow. Alicia: Good. Lucy: Yeah, it definitely does. You know, "Got a Feeling," I was just sitting here thinking of that song, "I'm Hooked on a Feeling." [laughter] [singing] Larry: We got them going. [laughter] Lucy: Alicia, it sounds like you've just got some wonderful things that you're working on. We really do appreciate your taking time to talk to us. Alicia: Thank you. Lucy: Good luck with those products. We'll be watching you, and hopefully connect again in the future. Alicia: Sounds good. Lucy: I want to remind listeners where they can find this interview, at w3w3.com, and also at mcweb.org. Man: All right. Lucy: Thank you, Alicia! Alicia: Bye. [music] Series: Entrepreneurial HeroesInterviewee: Alicia Morga Interview Summary: Stanford, Goldman Sachs, Hummer Winblad: Alicia Morga may look like your typical success story, but don't let that fool you. This driven woman has worked her way up the ladder from extremely humble beginnings. Now, as an entrepreneur, she's figured out the difference between how to survive and how to thrive. Release Date: February 21, 2011Interview Subject: Alicia MorgaInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 19:13

ceo women interview internet iphone serve silicon valley series app stanford ipads pbs stanford university concept hispanic portuguese goldman sachs national center hooked information technology release date interviewer cosby show interviewees carlyle group audio files stanford business school datetime itouch kolbe index morga larry nelson ncwit larry you lucy good lee kennedy preflabel lucy it interview summary lucy sanders larry all
Interview with Sukhinder Singh Cassidy

Play Episode Listen Later Jan 30, 2011 22:10


Audio File:  Download MP3Transcript: NCWIT Entrepreneurial Heroes Lee Kennedy: Hi, this is Lee Kennedy. I'm the CEO of Bolder Search and a board member for the National Center for Women & Information Technology or NCWIT. This is part of a series of interviews that we are having with fabulous entrepreneurs. They're women who have started IT companies in a variety of sectors, all of whom have just fabulous stories to tell us about being entrepreneurs. With me today is Larry Nelson from w3w3.com. Hey, Larry. Larry Nelson: Hey, I'm excited about this interview, certainly a person with a tremendous amount of experience. Wow, I can't wait to get into this and we know we have lot of firm executives and young people that are looking into becoming an entrepreneur and getting into the high tech arena who are listeners. So, I'm really looking forward to this interview. Lee: Super. So, today we are interviewing Sukhinder Singh Cassidy. She is a leading Internet and media executive with a touch over 18 years of leadership in working with early stage companies including Google, Amazon, Yodlee and Polyvore, which is a leading global fashion community site. So, why don't I go ahead and interview Sukhinder. We are so happy to have you today. Sukhinder Singh Cassidy: Thank you. Lee: Larry, I think we'll just jump into things. Larry: All right. I'm going to ask you a question that Lucy Sanders always likes us to ask and that is how did you first get involved in the technology business and what technologies do you think are cool today? Sukhinder: I actually first got involved in the technology business probably 13 or 14 years ago in 1997, actually, late '96, early '97. Prior to that, I had been working in New York, in London in media and that investment banking. I stayed in Merrill Lynch for several years and then I went on to market BSkyB, which is the leading satellite broadcast at that time. So, actually, kind of a technology company but more of a media company. I moved to the Bay area on fundamentally I guess on thesis that I wanted to be close to entrepreneurs and one day be an entrepreneur myself. I did not know what I wanted to do but I did know there were smart motivated people in the Bay area. I had traveled out to San Francisco to visit friends and fell in love with the Bay area. So, I took a leap of faith. I moved from London, sold everything I had in London. Bought a car for $10, 000 in LA and drove up the Coast to San Francisco and found my first job. Larry: Wow. Lee: I have to say it is not too dissimilar to my background. I moved out to the Bay area and it's kind of hard not to get into technology. Sukhinder: Absolutely. So, I did not want to be an entrepreneur. But it was that classic, I didn't have an idea. So I thought the next best thing was to put myself close to smart people, working on interesting problems and being entrepreneurs themselves, somehow that path would be a positive one. Larry: Of all the different things that you've been involved with the technology, which ones do you think are cool today? Sukhinder: There are some I had been lucky enough to be involved with and some less so that I just admire from afar a bit. Probably, two of my favorites I'll say as consumer there's something you got to see these businesses built at Google. One, I mean the technology I just to love today, are anything that you would of think as geo or location based. So, my first job at Google was helping to launch Google maps and Google logo and the idea that your location is a pretty important indicator. Where you are relative to your friends in the case of Foursquare or where you are on a map and where you are trying to get to go and having driving directions on your iPhone, forgoing the traditional, heavy-duty MAPS systems that are sitting in cars or something; lightweight but just as revolutionary. So, I love anything geo where as a user my location has something to do and some relevance to play in what I want to do next. And I think we see geo now as a layer on top of many technologies. The second thing I love is of course cloud-based applications. For me, it is actually very simple. As a consumer, the idea that I no longer have to be stuck to one PC to access my contact list, to access my emails, to access documents. I mean today we have apps of every kind based on the cloud; business apps, enterprise apps, consumer apps. But I think of Google really as introducing that concept in a pretty revolutionary way with Gmail and now of course its very standard. I just love cloud based apps because they truly make me mobile. And the last thing, it's hard not to love the iPhone, now the iPad but if you think about the iPhone as just an incredible tool but more importantly an incredible statement instead of just ability to use that hardware and software. To have a pretty revolutionary consumer design and that the integration of hardware and software still matters. And owning both, which was Apple's proprietary focus and goal. And long after people forgot about hardware, Apple believed that innovation was still possible in hardware, right? And the group did this to all by fundamentally changing the way we communicate with the iPhone. Lee: I'll have to have an offline discussion about the iPhone versus Android GP and you being a former Google employee. Sukhinder: Yes and it means like I said like the Android OS and then the non proprietary system and that is amazing being able to boot application development to many different phone and the fundamental thesis for Google creating an OS and then integrating with third party hardware and redesigning hardware. Instead of working a new age phone that showcase the power software. So, I guess my point is that long after people have forgotten about hard ware and all the software, lo and behold Apple app and hardware. Lee: I know that's the jobs. Sukhinder: Application development layer and in Droid continues on that screen stream.  Larry: Well, I just want to let you know that I have something in common with you. We moved from Copenhagen to the Bay area a number of years ago. Lee: Are you trying to warn me up Larry? OK. All that said about your background and the technologies you think are cool. Tell us why entrepreneurship turns you on? What are you an entrepreneur? Sukhinder: I think there are probably three things I just love about it. Number one is obviously the building that create an author and that is every level. Yes, you are creating a business model on a product but also to go and author your team. Who you get to work with, how you want to work, the culture you want to create. I think that there are people who love to build stuff. I happen to love to build stuff. I think authorship and creation except for some people is a drag and I think I really enjoy the process. I think the second think is I'm sort of a gratification junkie. I like to put in work and get back feedback quickly and then iterate like progress to me is best measure in those increments and that is also how I motivate myself and I think entrepreneurship is really suited to this iteration cycles, right? You get to put out something out there, see the results, see what works, see what doesn't, try it, try something else. And I think that fast cycle times really feels and considers me and probably my own kind of cycle which I work and I think that is fundamentally one of the reasons that it gives me so much excitement. So, I think authorship and the ability to create the kind of quick iteration and feedback loop in entrepreneurship those are things that resonates really, really highly with me. Larry: Sukhinder, with all the things that you done in the different organizations, it's really phenomenal. But let me ask you this, along the way, who supported you in your career path or your role model or your mentor? Sukhinder: Well, first of all, it is interesting. I don't believe in a single role model. I feel like for different parts of my career, depending on the things I have to learn, there were different mentors to me and role models along the way. First and foremost, my father. He was a doctor and loves to be a doctor. He loves running the practice like the business of running the practice. My first job was doing tax returns when I was 15 years old. My father taught me balance sheets and income statements because he was fascinated and he was thinking of different ways to optimize his business and he share the same with me. My second job was in his office as secretary but he was clearly passionate about the job he was doing. The content of his job which was medicine and also entrepreneurship and running the business. He was from very young age clears want to work for yourself. I would say more recently, I think my role models and mentors have really been at some point of time very relevant to what I have to learn to ramp sure ramp, Google and obviously very notable angel come valley. Before that was the CEO of Jungly, my first copy in the Valley that was acquired by Amazon and I had a pleasure to work with the man. And he was an investor in Yodeli, the company that I joined as a co-founder and then ultimately was also involved with Google where I joined next. From Rome, I learned great skills and I also just learned how important it is to match a great business team with a great product team and Rome as an angel has been very successful in helping to find and integrate entrepreneurs. Rome was certainly one. I think Henry Ryan, one of the founders of Jungali, first company that I joined in the Valley. He is a serial entrepreneur. He is in a company five and he has calm, stability, successful exit, diversity and experience and it turned operating CEO so when I have current issues, I call him and I think about my route in Google. Certainly my boss Kurt Estani who was the chief revenue officer at Google and he was probably employed 13 or something like that build Google's revenue from zero to 23 billion. For me, certainly, I just add what I learn, the skill associated with being a great relationship daughter and a great manager not to say I was but I think I learned from him the important of their skills and he is just the ultimate consistent builder and relationship manager. And also, someday he was able to hire greatly skilled people and let them run. Stan Standberg is now running Facebook, Armstrong is running AOL. These people are on the team and I give credit for figuring out how to hire us, mentor us, harness us and still let us run and build. So, I think the different people are the different points of my career to some of them. Lee: Sukhinder, you have been super fortunate at least from my viewpoint to have such phenomenal mentors. That is really exciting. Sukhinder: Yeah, I certainly felt privilege to get to work with these people. So, I guess my point is it is not just one mentor but there are people you learn different skills and I think at different point of my career, I feel like I had the opportunity to work with these people and certainly some of them go and instilled to them. I go for different type of advice when I think there is something they have to offer me. Lee: So, on to something a little more tough, what is the toughest thing you've had to do in your career? Sukhinder: I think of very tough business challenges, but then I think of the challenges that take their toll on you emotionally. This is often a question I ask others when I'm interviewing them, when I'm interviewing executives to join my team. I often just say, "What's the biggest career mistake you've made?" Which is another way of asking the same question. But I think the things that take the hardest emotional toll on you are not the decision or strategy vantage point perspective you called wrong, because you can two or three or four different paths in a different strategy, and maybe you chose the wrong path, but smart people can have different answers. But the ones that're really tough, honestly, are the ones that surround people, right? Awful, making a decision that someone's not a fit. I think those are the most personally taxing and tough things to do in my career. You know, at Yodelly, certainly, we went through to Boston , we had to lay off people, and it was my first time laying off people. You dissolve a relationship with people, you feel a huge amount of responsibility for people's career and career choices when you bring them into a company, I do. Lee: Yeah. Larry: Oh, sure. Sukhinder: Some of that was recession-driven, but there're other times where it's actually not a function of the recession. Often in cases outside of those extraordinary circumstances, like the Boston 2002, the Internet dark days. It's really actually just about culture set, because the people you hire are, by and large, exceptionally competent. It's whether or not they're a fit with the organization, and it's a place that allows them to thrive. When you see that for whatever reason it's not working, learning to make that decision or call quickly or expediently, expeditiously, is important. Because the cost of not doing it well or quickly is high for everyone. It's high for the organization, it's hard for the person who feels like they're, for whatever reason, not able to get it done. They're feeling frustrated. But it's very hard to bring that conversation to a head, and I've been on both sides of it, right? I've certainly had to make the call when someone wasn't a fit, so I just think that whenever you have people decisions, your own decision to move on from something, or managing someone for whom you need to negotiate whether or not they're going to move on. Those are always the most difficult decisions, because they involve people's lives and careers and you want to do them with the right amount of diligence and care and conscientiousness, but also in a way that is expeditious for everyone. So everybody can move on. Larry: All right, well let's move on, and we're going to lighten this one up a little bit. Let's pretend, right now, you are sitting at your desk or around a table. You had a young person who thinking about becoming an entrepreneur. What advice would you give them? Sukhinder: Well let's see, I think there're tons of bits of advice you can give to young entrepreneurs, and I'm sure you have, in all of these interviews you've done, many greater nuggets than what I have to offer, but...I think if there were two things, and one may be obvious but I don't know if people truly accept it. So clearly one of the key things is to iterate in very quick cycles. I think a lot of times I spent, like, perfecting the business idea in PowerPoint. But the reality is, it's not substitute for customer feedback. As quickly as possible, and as cheaply as possible. So I think before you go out and raise money or create too many PowerPoints, you want to find a quick way to test and iterate on your idea at low cost. And keep trying until you find the nugget that seems to resonate with the consumer. Particularly true in Internet business, right? We're consumer Internet businesses. We can't quite predict how the online consumer is going to react, and what they're going to love, and what they're not going to love. It's not always just rational, right? Some of the web stuff companies weren't built of rational need. They just were launched and tested and iterated on, and they found some resonance with the consumer. So that's one, and it's probably fairly obvious. I think the second one, I think a lot of people say they're self-aware. But honestly, I think as an entrepreneur, you have to become incredible self-aware, and I think that's for a couple reasons. First of all, I think self-awareness revolves around understanding what's your own trademark strength, and what do you excel at, right? And part of building a great company, obviously, is figuring out how you fit and how to do what you're great at. If you can build an entire company around it, around your trademark strength, that's amazing. But quite often, building a great company is bringing into the building and, bringing in a diverse set of experiences. Often that means self-awareness about what you're also not great at, right? Where can you attract and surround yourself with people who have other strong skills that are complementary to your own. If you really want to win, and you really want to grow a company of some scale, I think it starts with self-awareness. Playing to your own trademark strength, and then being very quick. I would say in some ways open to building a company of great, strong, diverse talent that helps complement the skills you have. But it takes both parts, right? Playing to your own strengths, but also being, being pretty clear on your weaknesses, and certainly if you want to scale a company beyond a certain size. It is about recruiting incredible talent to your vision, but with complementary skills. Lee: I have to totally agree with you on that. Larry: Mm-hmm. Lee: I'm going to follow along and ask you, what do you excel at that's made you a fabulous entrepreneur? Sukhinder: Well I think first of all, I think most people who know me would consider me high energy and intensity. I think an entrepreneur for many years, it's about being your own best evangelist, right? Not for you, but for your company's vision. I think that requires a lot of energy. Then you have to be able to do that, and have a surplus of energy, if possible, to give to your team, right? To motivate and bolster them, and let them know it's possible. Again, most entrepreneurs, there's not always a rational need for what they're doing. They're often thinking to where the market is going, right. That requires evangelism. It requires a certain energy and intensity to come to work every day, and when the market's not yet there, or investors don't believe, that you believe, and you're able to convey that belief and conviction to others, with energy. So I think that's one piece. You know, I know how to sell. I spent most of my early career in sales. My college jobs, were summer jobs, were in sales. Then when I arrived in the valley, my functional specialty, if you could call it that, was business development. Business development in every company I've ever worked at correlated with sales. It was revenue-producing. As an entrepreneur, you kind of have to sell. And so I think having core skills that are functional set in sales and being very comfortable with that, has been helpful. And then roughly, I mean, I would circle back to the self-awareness piece. I'm certainly very, very flawed. But I think over the years, being in a variety of leadership situations and having to scale through both successful and failed experiences, I have the benefit of a lot of feedback. And I know what I'm good at and I know what I'm not good at. While I work at what I'm not good at, I try to play to my strengths and find a place where they can be accelerants, to a business or a team, and where they're not, I don't, I guess, pretend to believe that I'm going to become perfect. But I think I'm pretty clear on the areas I need to surround myself with to actually have a fully embodied and diverse team that's capable of getting it done. And so I think years and years, instead of repeated feedback on the same issues has yielded a lot of self-awareness. I think at this stage that what am I good at, and where is it that I need to bring in a strong and talented team to really create, and as I said, some things a team together can win. Larry: Well I like that. Let me throw a little curve ball at you. Now, with all that stuff that you're doing, you've mentioned everything from high-energy and intensity, how to sell, being self-aware, and everything else, how do you bring balance into your personal and professional lives? Sukhinder: Well, first of all, I guess let me start by saying I'm not a believer in balance in the typical way that people talk about it, which is just this ... I have this thesis that people imagine this perfect day, right, where you wake up at six, and you work out for an hour, and then you play with your kids. And then you have a great breakfast filled with protein and carbs, and you work perfectly from nine to six, and you come home and you feed your children and you have wonderful family time, and then you do two hours of email, and you get ... early, this is thesis of what balance looks like and I just don't believe it. I don't believe it, at least for me. I think balance has to be measured in cycles that are far longer than a day, often months and years. Because I think that to do anything well requires a certain amount of energy and focus. To be a great parent requires energy and focus and intensity. To be a great manager requires it, to be great manager requires it. To be a great entrepreneur. To be great at sports. And so, when you think about trying to do things well simultaneously, I'm a believer that kind of the best it gets is that there are going to be periods of your life which are all about work. There are going to be periods which may be all about family. And I measure balance in my life by cycles, there are cycles of time, often measured in months or years, where I know I'm going to have to give a lot of focus or priority to something. And then the best you can do in that situation, is really trying to manage very clearly expectations, which I think of as the multiple shareholders in your life, right. Your husband expects something from you. Your children expect something from you. Your team expects something from you. Inside constituencies. Boards you serve on expect something from you. And the most you can do is actually manage expectations very clearly, like hey, I'm going into a period that's going to require a lot of travel. What are we going to do about it. In the case of managing expectations, what I would say instead of negotiating with your family. There would be other times that you negotiate with work. And you say I'm about to have my third child. I'm going out on maternity leave, but I know we're trying to close a big deal. How are we going to get it done. And so, I guess I don't believe in balance, as by the standard definition. I believe instead, of cycles in your life. And managing expectations with an increasing number of constituencies as your life goes on. And hoping that when you look back on your life, as measured in months or years, maybe it was equally divided between all the things that are important to you, or at least divided between the one or two things that are important to you, in a way that you feel good about. But it's measured in a much longer cycle. And in between, you manage expectations, and you learn to live with a lot of guilt. Lee: Well, thank you for that honest answer. Suhkinder, it's clear you've achieved a lot. And we have thoroughly enjoyed hearing your answers to our questions, and last but not least, we're curious what's next for you. Sukhinder: It's a good question. I don't know. I mean, I think in the spirit of what we chatted about, which is, you want to play to your trademark strengths. For me, it's about working with great teams at high intensity and high RPMs, and feeling honestly that I could move to a place where I could make my maximum impact, and that's about finding a place where my skills are a great fit. And I think it could be pure entrepreneurship, and founding something, or it could be operating at significant scale and complexity. But where the trajectory for a company is high, and navigating it with a smart group of people is important. Both to them and to me. Lee: Well, we wish you great success in your next. Larry: Yes, and we're going to follow up on you too. Lee: So thank you so much for spending this time with us. Larry: You listeners out there, pass this interview along to others that you know would be interested, you can listen to it at w3.w3.com and ncwit.org 24/7, look at our blog, it will be in our podcast directory too. Lee: Thank you so much. Series: Entrepreneurial HeroesInterviewee: Sukhinder Singh CassidyInterview Summary: Sukhinder Singh Cassidy has worked at companies large and small in their early stages, including Google, News Corp., Amazon, Polyvore, and Yodlee. But before she got into the tech industry, she did the taxes for her father, a doctor. In this interview she gives some great advice about the energy and intensity she thinks are vital to being a successful entrepreneur, as well as the importance of knowing how to sell, and how to be self-aware. Release Date: January 30, 2011Interview Subject: Sukhinder Singh CassidyInterviewer(s): Larry Nelson, Lee KennedyDuration: 22:10

ceo women new york amazon business google internet apple san francisco playing iphone rome os pc series valley ipads concept bay coast bought maps boards armstrong copenhagen awful powerpoint gmail aol national center information technology release date interviewer merrill lynch foursquare droid news corp interviewees powerpoints audio files android os rpms datetime sukhinder singh cassidy yodlee bskyb polyvore larry nelson ncwit larry you lee so lee kennedy preflabel lee well larry well interview summary lucy sanders larry all
Interview with Sarah Allen

Play Episode Listen Later Jan 14, 2011 23:56


Audio File:  Download MP3Transcript: An Interview with Sarah Allen CTO, Mightyverse Date: January 14, 2011 Interview with Sarah Allen [intro music] Lucy Sanders: Hi, this is Lucy Sanders. I'm the CEO of NCWIT, the National Center for Women in Information Technology. This is the next in a series of just great interviews with entrepreneurs who have started some really interesting companies and our interviewee today is no exception. With me is Larry Nelson from W3W3. Hi Larry. Larry Nelson: Hi, I'm happy to be here. This is an exciting series. Lucy: What's going on with W3W3? Larry: Well, we're interviewing all kinds of interesting people. Now, we don't interview only women, just so you know. Lucy: Oh, OK. Larry: Our interview not too long ago with Leonard Nimoy was fantastic. Lee Kennedy: You're such a bragger. [laughs] Larry: Yes. I couldn't help it. Lucy: Also with me is Lee Kennedy, who is a director of NCWIT and also a serial entrepreneur. Her latest company is Boulder Search. Welcome Lee. Lee: Thanks Lucy, always great to be here. Lucy: Today we're interesting a really busy, interesting person, Sarah Allen. She's currently the CTO and co-founder of Mightyverse. I went and played around at Mightyverse and you just must go. All the listeners must go to Mightyverse and play with it. I don't know, Sarah, if that's the right thing to say, play with it, or not, but I had great fun looking for languages and thinking about phrases. Basically what you've created at Mightyverse what you're calling a language marketplace. And you just don't see a pronunciation or hear a pronunciation, but you see people's faces actually saying it. It looks good on your mobile device. You can be anywhere and go figure out how the heck to say something. Sarah is primarily self-funding this company through some independent consulting work. And one other thing before we get to the interview, I wanted to say especially to our listeners who follow NCWIT and what we do, Sarah has started RailsBridge which is providing free workshops teaching Ruby on Rails aimed at women. Thank you for doing that Sarah and welcome. Sarah Allen: I'm very happy to be here. Lucy: Before we start, why don't you tell us a little bit about Mightyverse, over and above what I said, as a way of introduction? Sarah: Well, I think that it's fine to say that you played with it. I feel like playing is the best way to learn. We definitely want to create an engaging way to learn how to speak languages. And I'm really excited that we just released a collection of Hebrew phrases on the iPhone. So if you have an iPhone or an iPad you can go to the store and for 99 cents get a collection of Hebrew phrases. And we're really in a phase where we're market testing the mobile angle of Mightyverse. So you can see the full collection on the web but we're releasing a series of collections to get feedback from people about the mobile experience. Lucy: Well, people in the Bay area, I think you can show up and record your phrases and maybe even get a free lunch from Sarah? [laughter] Sarah: Absolutely. If anybody wants to come and record a phrase in their native language we'd be delighted to have you as our guest. Lucy: Sarah, you are quite a technologist, obviously you're a chief technology officer. But prior to your work at Mightyverse, you've worked in Shockwave and Flash and you were named one of the top 25 women on the web in 1998. So a very amazing technology career. How did you first get into technology? Sarah: Well, I started programming in Basic on an Apple II, back in the day when your computer would arrive with a manual that taught you Basic. I really taught myself from a book that shipped with the Apple at that day. And I got into it because my mom went into selling computers after being laid off from teaching in the public schools in the Boston area. And so, she brought an Apple II home and I taught myself. Larry: Wow. Lucy: Basic, I learned Basic in my high school math class. Lee: That's amazing. Had you done other kind of techie things before you jumped into that? Sarah: I think that that was the first really technical thing that I had done. I didn't see a big division between technical things and non- technical things. My dad had a philosophy where he would always teach both my brother and me everything that he did. He did handy stuff around the house and fixed cars. He taught us both math and different things. So I didn't really see that the computer was a really technical thing. I thought that building physical circuits was really technical and I thought that fixing cars was really technical. But I thought that it was just a toy. Lee: Yeah. Sarah: I knew it was a serious thing for my mom and for other people. I approached it as like this adventure, like "Oh, let's play with this thing." Lucy: Certainly from your position as a CTO, you're always assessing technologies and listeners are always curious to know which ones you see as being the most exciting. Sarah: Well, I think right now mobile is super exciting. But what's most exciting about mobile is the fact that we now have these huge data storage that we can access. We have cloud computing so that it's really easy to deploy services and to access data stores. We're starting to see a lot of easily interconnected web services. I think we're finally approaching what Tim Berners-Lee meant by the semantic web, this notion of having these services on the web that you can connect to and machines can connect to and make sense of. So, we're starting to be able to assemble fairly complex systems without building every piece ourselves. I think that's really exciting. Lucy: So it's clear how you got into technology. How did you get into being an entrepreneur? Sarah: Well I feel like I kind of stumbled into entrepreneurship because all through college I was a teaching assistant at this one class. And these two guys who TA'd with me and then we were head TAs. And we did a number of projects together, coding together. And they both hooked up with another friend of theirs and they decided to start a company. So this happened about six months before I graduated because I graduated in the middle of the year. So I did as like "Well, my friends are starting this company. I'll work there for the summer." And kind of fell into it because I got wrapped up in what we were doing and ended up really being a co-founder of that company. And that was CoSA, which was a company that created After Effects, which is now sold by Adobe. That really gave me the feel for what it meant to be involved in a startup company which otherwise I don't think I really would have understood how exciting that is and why I would have wanted to do it. Lucy: Tell us what it is about being an entrepreneur that you love so much. Sarah: Well, I really love creating things that don't exist and solving problems that either people don't see or they don't realize can be solved by today's technology. I think that's really exciting. The thing that convinced me to actually be a software developer, because I graduated from college... I graduated with a CS degree. But I didn't think I was going to be a software developer because I thought it was straightforward. I thought it was like doing crossword puzzles or Rubik's cubes. It's entertaining. But I didn't really take it seriously. I didn't see when I was in college the power of computing and how it can be applied to real world problems because everything seemed really obvious to me. So I figured anybody could do it. And then when I was working at CoSA, CoSA actually was a very small company. We also kept up tech support. And I remember somebody who was calling to ask me about a question who had bought our software said "I didn't think computers could do this." And I realized that I had a unique perspective that I never recognized before. Because of my experience, because of my skills, because of my unique world view, I can see things that I'm not the only person who sees. But the majority of the world doesn't and that's a real opportunity for me. That's kind of exciting. Larry: Boy, I'll say. Well you mentioned your parents. It was really neat how they had a way of helping steer you somewhat. But I want to talk about your career. Who are some of the people along the way that have supported your career, whether they be mentors or role models or whatever? Sarah: Early in my career I really struggled with not seeing women role models. That was really important to me. I felt a little isolated. I was often the only woman on my team. I did find men who were great role models. Harry Chesley, who created the Shockwave team and hired me at Macromedia, was the person I learned about the Internet from. He was the first person who I ever heard say that he wanted to work on open source. I asked him what he would want to do if he made it rich and could retire early and he said he would want to write software for free. And I thought that was really bizarre and now I understand what that means. Lucy: Yeah. Sarah: And my friend David Simons who I started CoSA with who still works on After Effects at Adobe. He's really always inspired me because he stays true to himself. He always respected me. And he always saw, I think even before I saw things in myself he saw them in me, in terms of what I could do. Our collaboration showed me how we could work together. And those kinds of relationships were really inspiring. It may sound clich�, but my husband has been incredibly supportive, I think another person who will see in me things before I recognize them myself. Having his support in picking through these career choices is super, super important. But after a while I started to get frustrated that I didn't have women ahead of me. I started to feel that maybe I didn't belong. Maybe this wasn't the career for me. Were some of the things happening that I didn't like because of my gender? I didn't know and I felt uncertain about that. I actually read this book about the 50 Nobel prize winners in math and science who are women. And I read an essay about Emmy Noether, who is a German mathematician who was actually the first woman to be paid to be a professor in Germany. But before that she did math because she loved doing math and she lectured under somebody else's name because she was so thrilled with the opportunity to talk to people about her ideas about math. She helped Einstein lay the mathematical foundation for his theories of relativity. Lucy: Wow. Sarah: She was just very excited to work with people who had respect for her so it didn't matter that she didn't get paid for it, that the rest of the world didn't acknowledge it because in her small circle, they all knew that Emmy was the person to go to when you had a math question. Then I looked around me and I saw that, OK, I have this group of guys who all respect me and we build great software. I was working on Flash video at the time, working with an amazing team. And I just felt like "Well, this is what I love to do. Forget all of that nonsense. I'm just going to follow what I love and the rest will take care of itself." Lucy: Well, that's a great story. I think, too, some of the work you're doing with Ruby on Rails giving women the confidence and skill set to get out there and to start contributing in a space is really going to also add role models. Sarah: It is my hope. Lucy: And thank you for doing that. So, we are going to turn now, away from technology and mentoring into sort of the dark side of the career. [laughs] And asking about the toughest thing you ever had to do so far in your career. Sarah: This is actually the hardest question. I am thinking about this interview. There isn't one thing. The hardest thing is really making decisions like the hardest thing for me, it may sound a little tried, is just making priorities, making decisions. I used to feel that they were right answers, and that if there were some negative consequence to a decision I made that then I have made the wrong answer. And what I come to realize is that every decision comes with risks and if am deciding am I going to do A or B or C, each thing has potentially negative consequences. And to make a decision with your eyes open and to say "OK I am going to do this and there might be some fallout and I might do it anyhow." I feel like I make those decisions 20 times a day running a company. I make new significant technical decisions for my neighbors who make strategic decisions, who make those life decisions. Should I be spending this much time on my career instead of my family? It's not really that kind of either/or but all the little decisions add up and they have consequences both good and bad. So, I think that's the hardest thing. Lucy : Well and sometimes, too, I think. You think if you don't do anything. There is no risk with doing nothing and not making decision, whereas in fact, right? Larry: Yeah. Sarah: That's the biggest risk. Lucy: That's the biggest risk of all. Sarah: I mean I think that, I probably instead of the most wide spread computer software that I've ever developed was Shockwaves where I wrote... Even though there were only four engineers in the project. I wrote a significant amount of code. I was involved with many, many releases of it. I don't think I got any real risk in developing that. I never did anything that I wasn't sure what's going to work. I really like the civilization in the late 90s. I have never really taken real risks in my career, and so later I started to try to take risks. I was able to do much more impressive things because they didn't know it worked the first time. But if you make a decision, you try to do something knowing that it might not work and litigate that. You can lay a path. You can set expectations that you are experimenting and then you are able to do things that are much more clear. Lucy: And that brings us to the next question when you think back about all the things you have done in your career, whether it's working with technologies, making decisions or what to do. If you are kind of sum it all that and give advice to somebody that's looking to get in to being an entrepreneur, what advice would you give them? Sarah: I have couple of pieces of advices. The number one piece of advice is to pick the people you work with first, it's more important than the project, the technology anything else. It's that you are working with great people that you respect for, that you can learn from, that they have respect for you and that you are going to have a great working environment. When I went to college, I would say pick your college class by the professor not by the subject. I feel that's completely true for your working environment. So if you think it's an amazing job but you are not sure about the people or an "OK" job with amazing people, take the OK job with amazing people because the amazing people will turn it into an amazing job. It's more likely your project is going to change than the people change. So, that's the first thing which I think is really important Lucy: And that's great advice. Larry: Yeah, you got it. Lucy: Very true. Sarah: The second thing is to really find your passion. Find the things that makes you tick, find the things that you love. What is the thing that you can do just forever and never get bored of? And that's what you should be doing. It can be very, as a young person, I didn't know what that was. But when I found it and I didn't recognize that when I found it that I kept following it. What's this thing that I am into? I would pick things. It felt like I was making career choices on a lark. But I would just follow my gut instinct about this. This feel is exciting to me and then in retrospect, I could see a pattern, but it was seven or eight years before I saw a pattern. But I was following what is it that drives me? What is that excites me and that lead me to where I am today. Larry: Very good, great advice. What are your personal characteristics that have given you the advantage of being the entrepreneur? Sarah: It's kind of a hard question because I feel like I'm such a different person than I was when I started being an entrepreneur and I feel that the things that made me successful now, they feel like there are very different things that made me successful then. But I think the common thread that runs through it is that it's creative work. At least this is my angle at it. In college, I got two degrees. One in computer science and the other in visual arts. I am at studio art. There are two things that I learned. One was in being creative, sometimes that blank canvass if you want enemy. You need edit the paper. You need to pour your creativity into and creativity is work, like creating that structure for yourself. Creating the path, getting yourself into the creative mindset is working at a discipline. The other thing is being able to receive and give in an affective critique. One of the things that you learned in Art 101 or whatever they called it is we did lots of drawings. Everybody would put their art in the wall and you were supposed to critique it. I would come and I would look at a drawing. It would be like Oh, my God. I can't believe that person just turn that in. [laughter] Sarah: And if you would say, the composition of the little jumbo but this quality of line really speaks to me. I like the gracefulness of that line and I learned to pick out the parts of a drawing that were really wonderful and disregard the thing that didn't turn out OK. And that made me not only be able to communicate more effectively but more importantly, see things that I otherwise wouldn't see. I think those skills lead me to be able to interact with people and hone my own skills in a way that to give me an advantage of an entrepreneur. Lucy: I think that's great. Was that your picture that she said about Larry? Larry: Maybe. Lucy: Maybe just a little? Sarah: I would never say. Lucy: No, never say. Larry: Thank you. Thank you. Lucy: No, never say but I just thought that was wonderful. Just to say it. Now, Sarah, you mentioned in your earlier question around decision making about is it the right time for me to be spending this time away from my family and working so much in my career? And so, get us to our next question about bringing balance to your personal and professional lives. Any advice you would like to give the listeners about that? Sarah: First off, I'm probably the worst person to give advice about work right now. Lucy: Go ahead. Yeah? Sarah: I do have a family. I love my family. I wish I could spend more time with them which is ironic because it obviously not a big enough wish to overcome my drive to do other things in my life. And so, in that way you have to have some kind of balance. You have to figure out how you are going to make peace with all of these things that you want in your life. I was very influenced by a woman. I don't know her name who gave a talk at Grace Hopper Celebration of Women Computing. I think it is 1997. Right around that time, I was either pregnant or about to be and it was that talk about having children and having a technical career in. For the first time I heard somebody who actually said that she thought that having a career in technology was an advantage for being a mother. I was expecting to hear all about compromise. But she said it was an advantage and she went through a lot of ways that it really helped her relation with her son. And, what she said was, "You can have it all, just not all at once." Lucy: That's a good way to put it. Sarah: That's what I try to do at my best. That when I am home with my family, I am there with them. Like I'm most successful when I can make time to do what I am doing and really do it fully and then decide that "OK, this is time I am not going to spend with my family. I'm going to spend it on other thing and really spend it at that. If you can do that successfully then I think you can have really great balance. But it is really challenging. But it is incredibly rewarding when it does work. Lucy: Sarah, we've really enjoyed talking to you. Just feels like you've got this Zen about you. So, tell us what's next for you? Sarah: Well, a lot of things. I am really excited about RailsBridge becoming self sustaining. I read a great book "The Starfish and The Spider." Its subtitle is the "Unstoppable Power of Leaderless Organizations" I'm taking a bunch of lesson on that book in trying to create, help create or empower this group of volunteers and create structure around it so that it can just... The workshops can be self sustaining and don't need me as a leader. Or don't need any leader and they can just work by themselves. It's really exciting that's starting to happen. Also, I'm working to have my consulting company with this grown up around me. It started with just a way to fund my product development ideas but that also started to become a self sustaining company. And then, that will really liberate me to focus on my neighbors. I am really excited to spend more time writing code, spend time figuring out the hard problems around language or even better yet, figuring out the easy problems that are going to be most rewarding first. It's such a vast problem space but there are also so many things that don't require a lot of technology. I am excited about a problem which is as much a human problem as it is a problem for technology. Larry: Excellent. Lucy: Well, we are going to stay tuned, that's for sure. Larry: Yeah. Lucy: Well, thanks very much Sarah. It was great talking to you. I want to remind listeners where they can find these interviews at w3w3w3.com and ncwit.org. Larry: We are really looking forward to it. We are going to follow you, Sarah. Sarah: Great, you can follow me on Twitter at my hacker identity. It's all sorts.com. Like the dinosaur. Lee: OK. Cool. We will be there. Lucy: Thank you so much. Sarah: All right. Series: Entrepreneurial HeroesInterviewee: Sarah AllenInterview Summary: Sarah Allen is a serial innovator with a history of developing leading-edge products, such as After Effects, Shockwave, Flash video, and OpenLaszlo. She has a habit of recognizing great and timely ideas, finding talented teams, and creating compelling software. Release Date: January 14, 2011Interview Subject: Sarah AllenInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 23:55

god ceo women art interview internet apple germany german iphone forget series flash ipads basic spider albert einstein concept hebrew cto bay zen nobel adobe cosa cs national center information technology rails release date interviewer rubik leonard nimoy tas starfish ruby on rails shockwave tim berners lee interviewees apple ii after effects audio files shock waves unstoppable power sarah allen macromedia emmy noether datetime grace hopper celebration sarah it david simons larry nelson sarah well railsbridge ncwit sarah absolutely preflabel lee kennedy lucy oh larry yeah lucy so interview summary lucy sanders
Interview with Diane Greene

Play Episode Listen Later Jan 13, 2011 12:35


Audio File:  Download MP3Transcript: An Interview with Diane Greene Founder, VMware Date: January 31, 2011 Interview with Diane Greene [introduction music] Lucy Sanders: Hi, this is Lucy Sanders the CEO of the National Center for Women in Information Technology or NCWIT. With me is Leigh Kennedy, one of our fine board members as well as a serial entrepreneur herself. Hi Leigh. Leigh Kennedy: Hi Lucy, thanks for having me today. Lucy: Also Larry Nelson from W3W3. Hi Larry. Larry Nelson. I'm so happy to be here. This is a wonderful series and what we really like about it, it really helps other people. Lucy: Absolutely, we have great interviews in this series with wonderful entrepreneurs. We are now over 50 interviews in our series and I felt very excited about that. Leigh: Wow. Lucy: Today we are interviewing a person who I consider to be one of the top entrepreneurs I know, co-founder and founding CEO of VMWare, Diane Greene. VMWare is one of those companies I know many of our listeners have heard about because it introduced something really, really innovative, which was a virtualization layer between hardware and software that allows different operating systems to run on the same machine. That was pretty cool and that was one of VMWare's really innovative leads into the market, truly revolutionary. When the company went public in 2007, it was Silicon Valley's biggest IPO since Google, no small accomplishment. So we can't wait to talk to Diane. She left VMWare in 2008, but she continues to invest in companies and to advise entrepreneurs and she serves on very impressive boards, such as Intuit, MIT Corporation and more. Diane, welcome. Diane Greene: Well, thanks very much. It's always good to participate in the entrepreneurial community in any way I can. Lucy: So let's get right to the questions, Diane. We're really interested in understanding how you first got into technology. As you look at the technologies out there today, which ones do you think are especially cool? Diane: Well I've always had an orientation around science and engineering. In high school I built a model bridge with movable trusses and instrumented one of them with a strange gauge. That really launched me into what I found out was called engineering. I was also really active racing sailboats, which meant maintaining them and tuning them which was a lot of technology to keep the boat going fast in addition to racing it. So I would say I started doing things in technology in high school. Nothing like what the kids are doing today with their computers, but certainly technology. In terms of what is out there today that's really exciting, like everybody else, it's mobile connectivity, the social networking, the sensors, particularly around imaging. All these things contributing to our ability to have a digitally enhanced world is tremendously exciting. Larry: Boy, I'll say. I have a feeling that if I was going to try to recruit a relationship with you that if my company started with the letter V, like in Vermont, I would get a little bit further. Lucy: [laughs] Leigh: I didn't understand it, either. Lucy: I didn't understand it, either, that's OK. Diane: It's possible, because I'm puzzled about what you're talking about. Larry: I was just looking at VMWare, VXtreme. Diane: Oh, V, I thought you said Z. That's right, VMWare, VXtreme, completely coincidental. VMware, we were looking for a name and at the time, during the dot com bubble, every URL was taken. So we said "Let's do a placeholder." I thought "Let's just do something really descriptive as a placeholder, virtual machine software, call it VMware." So the name stuck. Lucy: Well, that's an interesting story. Larry: Yeah. Leigh: Yeah it is. Lucy: Diane, I'm going to jump into the next question. Diane: Our PR person didn't want to talk to us because they thought "What a boring name." [Leigh and Larry laugh] Leigh: I think it's a good name. Larry: Yeah, I like it. Lucy: So Diane, I'll jump in to the next question. We're always curious how people that are really into technology and science and they make the leap to be an entrepreneur, which is not always second nature to a lot of technologists. So tell us about how that happened and what it is about entrepreneurship that you love. Diane: Well I've always also been an organizer. I always have started new things. Very early on when I was actually still in high school back in 1971 I got into windsurfing. I was the only windsurfer on the East coast. I started an ice hockey team in college. So I've always, in addition to having an affinity for technology I also like to organize. I like to do things with other people. I think I'm not particularly good at working for other people if our visions aren't aligned. That kind of pushes me towards leading people and being in charge. I think it's a desire to do new things, organize new things and make new things happen. The technology background is just helpful and is why my entrepreneurship is around technology, I guess. Larry: You've done so many different things. I know you're going to have a great career ahead of you, it's just the beginning. In your career path, who was either a mentor or someone who was a role model that really influenced your future? Diane: Well I have to say my family had an enormous influence on me for better or for worse. Then I had an absolutely amazing band teacher in high school that set up a system for measuring how we were doing which made it extremely clear how to get ahead and how to become first chair and then had us all working together amazingly well as a band and as an orchestra to where our little motley crew would go on and win state championships. I had her as my band and orchestra teacher for three years, and I think she had an enormous influence on me. She could have managed a huge [laughs] corporation. She had all those fundamental principles and skills down. Then as I've gone through my career in Silicon Valley in the tech industry, I would have to say I had a mentor at Tandem Computers named Franco Putzolo, who really taught me how to take a measured approach to whatever it was I was doing and helped develop my ability to try and really take the time to always do things well. Lucy: Well, you know when we started the interview we said we get a lot of interesting answers to these questions, and that's the first time we've heard a band teacher. Diane: [laughter] I've only said this one other time, when I was being interviewed at VMware, and the absolutely amazing thing is I got emails from someone else that had been in her band and orchestra and said, "Yes, she was my mentor, too." Lucy: Well, I think that's fascinating and perfectly understandable when you think about a lot of great technologists are great musicians... Leigh: Exactly, yup. Lucy: ...and I can see where a band and orchestra, lots of life skills there. So fascinating answer. Diane, what is the toughest thing you've ever had to do in your career? Diane: Working for other people that I wasn't able to convince them of my vision. Lucy: That's hard. Diane: That really was [laughs] the most difficult thing. Leigh: Yeah, that's always tough, and I think one of the reasons a lot of entrepreneurs are entrepreneurs is they don't like working for other people, so... [laughs] [laughter] Leigh: ...that makes perfect sense. [laughs] Diane: We can have the same vision, but that's not the norm. I mean normally it's the leader that sets the vision and doesn't necessarily take the vision of...it's also formative because when you are the leader you're very sensitive to the fact that you need to [laughs] incorporate everybody else's vision or they're going to feel frustrated. Also, it's good for the company because you don't always have the right vision yourself. At least I don't. But yeah. I do think it drives a lot of entrepreneurship, is this need to work on a vision that you're really passionate about. So you're left with no [laughs] choice but to do it yourself. Leigh: Well, that brings us to our next question. We have a lot of young people and people wanting to become entrepreneurs that listen to our interviews. So if you were sitting here with a young person looking to become an entrepreneur, what advice would you give to them? Diane: If they have a vision of something, there are infinite ways to improve the world. If you really see something that really excites you, then set about doing it and do it right. Don't cut any corners. Go about it with absolute quality in every way you approach it and think it through and execute on it. Larry: Well, I'm tying right in with that. What are your personal characteristics, do you think, that have given you the advantage of being an entrepreneur? Diane: I don't start something unless I can really see for myself how it can be done, how it's possible. Then once I see that, I don't think of failure as an option. There's always a way to make it successful, and I'm pretty relentless about that. I think also I really love and get energized from working with other people [laughs] when they're smarter than me, and that's not always hard. So I think those two things, that relentless "There is a way," and then just enjoying finding that way with other people really has helped me have a lot of successes as an entrepreneur. Lucy: Relentless is a word we hear a lot. Leigh: And failure not being an option. Lucy: And failure not being an option. I think that those are great personal characteristics to have. Diane, we ask one other question around how entrepreneurs...it's not so much bringing balance into your personal and professional lives, but how do you integrate them? Diane: Well, I see it as my life. I do what I care about and what I want to do, and so part of that is my family and raising my family, and part of that is going on outdoor adventures, which I don't do nearly as much as I would like to. Building things I think has been a large part of...it's of course been building companies in the tech industry. But there are fundamental principles about how I go about things that are utterly consistent across everything I do, so that integrates them pretty naturally. Leigh: Diane, you've done some just really, really interesting things that were like leading edge in many areas--sports, technology. Tell us about what you're passionate about now or what's next for you? Diane: I'm really not sure what's next. I'm working on it, and I definitely want a big project in my life. Leigh: Well, that's a great answer, too. [laughs] We don't always know, and it's good to know that you're in that spot. Lucy: Well, when you're in that spot, you can pay attention and actually look for the next big project. Larry: There you go. Lucy: Yeah, absolutely. Well, Diane, thanks very much for talking to us. We really appreciate it. I wanted to remind listeners where they can hear this interview, at W3W3.com and also NCWIT.org. Diane: Yeah, and let me just send a word of encouragement to people. I think when you want to do something, you can always do it and make a success of it. Good luck. Larry: Well, thank you for that. Lucy: Thank you, Diane. Leigh: Thanks, Diane. Series: Entrepreneurial HeroesInterviewee: Diane GreeneInterview Summary: VMware introduced a totally innovative idea: a virtualization layer between hardware and software that allowed different operating systems to run on the same machine. When the company went public in 2007, it was Silicon Valley's biggest IPO since Google. Says founder Diane Greene, "When you need to work on a passion and vision you are sometimes left with no option but to do it yourself. If you see something that really excites you, then set about doing it and doing it right." Release Date: January 31, 2011Interview Subject: Dianne GreeneInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 12:35

ceo women google interview building east silicon valley series concept vermont ipo national center information technology vmware intuit release date interviewer interviewees audio files datetime larry nelson diane greene ncwit larry you preflabel lee kennedy larry yeah larry well lucy so interview summary lucy sanders leigh kennedy
Interview with Leila Boujnane

Play Episode Listen Later Jan 4, 2011 21:50


Audio File:  Download MP3Transcript: An Interview with Leila Boujnane CEO, Idee, Inc. Date: January 4, 2011 Interview with Leila Boujnane Lee Kennedy: Hi, this is Lee Kennedy. I'm the CEO of Boulder Search, and a board member for NCWIT, the National Center for Women & Information Technology. This is part of a series of interviews that we're having with just fabulous entrepreneurs. These are women who have started IT companies in a variety of sectors, and all who have just fabulous stories to tell us about being entrepreneurs. With me today is Larry Nelson, from W3W3.com. Hey Larry. How are you? Larry Nelson: Oh, I'm magnificent. I'm excited about this interview. This whole series has been just terrific. We get all kinds of people from the entrepreneurs to the executives, and many young people who are looking into getting into this kind of business. Lee: Great. Today we're interviewing Leila Boujnane, the CEO of Idee. That's French for "idea." Hi Leila. Welcome. Leila Boujnane: Hello. Hello. Lee: Now did I get your last name right? Leila: That is correct. Leila Boujnane. It's too many Ns, but yes, that is correct. Lee: Great. Idee's goal is to make images searchable. Idee develops advanced image identification and visual search software. The technology looks at patterns and pixels of images and videos to make each image or frame searchable by color, similarity, or exact duplicates. Did I get that pretty close? Leila: That is very close. That's pretty much exactly what we do. Everything that we do is based on actually looking at what we call an asset. That could be an image or a video. But we'll look at it differently. Instead of looking at a text file or looking at a keyword, or looking at what describes that image, we actually look at what makes that image, so all the pixels that are actually making that image or the frame in a video that you're looking at. Lee: That is so interesting. Larry: That really is. Lee: Tell us a little bit about what happening at Idee lately. Leila: Well, we launched, I would say, the world's most awesome reverse image search engine. I think it is still the largest reverse image search engine out there. It's called Pineye. So basically what you do is you give it an image and it indexes that image on the fly. By indexing, we mean it actually creates a unique fingerprint for that image based on what it sees in the image. Then it compares it to our image index, and it tells you in real time where that image is actually appearing on the web. Lee: Wow. Leila: It does that very seamlessly. If you've played with it, it's as simple as, drop your file here and get results there. It's doing that using image recognition, with a pretty, pretty large index. Our current image index, and these are the images that we've crawled from the web and indexed, is actually close to two billion. We haven't gotten to two billion, but it's very, very close. Lee: Wow. Larry: That's with a B? Leila: Yes... Larry: Wow. Leila: ...With a B, with a big B. Upper-case B. It's been a really, really exciting undertaking for us, because it really brought what we call image recognition-based search to everyone. Anyone that is used to actually going online and searching for an image has been doing that using keywords. When you have this in your head and you say, "Where did this appear?" or, "Who created this?" or, "Where can I get more of this image than I already have?" There wasn't really a mechanism to do that. This was a very good way to actually put image recognition out there and have it solve problems daily for people. Larry: Wow, that's fantastic. One of the questions, of course, that Lucy Sanders likes us to always ask is, how did you first get into technology? If I could couple that with another question, is, what technologies, in addition to the wonderful things you're doing, that you think are real cool? Leila: Well, how I got into technology was completely by accident. I tell people all the time, you can't underestimate the power of luck or accidents, or just what makes you do something when it's not really what you planned. If you had told me more than a decade ago that I would be in technology, I would have just looked at you and laughed and said you didn't know what you were talking about. Lee: Wow. Leila: Because I actually was in med school studying medicine, in Bordeaux, in France, to become a doctor. Lee: Oh my gosh. Leila: I was curious about technology and computers and so on, but I was more of a science-mathematics mind rather than an actual engineering or software type of person. Much to the dismay of my family and parents, I decided that medicine was not for me. I just completely out of the blue stopped my studies and decided to take a year off to figure out what was it that I was really going to be doing, after having grown up... I thought my entire life that when I grew up, I want to be a doctor. I actually never questioned that. Nothing besides medicine ever entered my mind. But when I was studying it, I just realized that it just was not for me. When I took a year off, I actually moved from France to Canada, and completely by accident, met a group of individuals who were starting a software company here in Toronto. They were looking at an addition to their team. I turned out to be a good fit. I just decided to try it and see what happens. If I like it, then that's great. I just needed a bit of a change. After that, I've actually never looked back. I'm amazed that I didn't do that early on in my life. But it was really, really completely accidental. Lee: That's a very cool story. Larry: Yeah. Leila: And scary at the same time, because if you think about how one decides what to do and what career to enter, like this was a fluke. If I hadn't met the individuals that started Algorithmics in Toronto, and if I wasn't talking about being interested in exploring other things, this really would not have happened. Perhaps it would have happened later, but it wouldn't have happened the way most people enter technology or move into working in software. Larry: Yes. What technologies outside of what you're doing do you think are cool today? Leila: You know, it's a bit funny to be asked that question, because in the field that I'm in, I'm in search. I always think all technologies are awesome. Everything that I see out there, you look at it and you think, "Oh my God, this is exciting, it's going to change A, B, or C." But I'm very focused on search. When I look at what I find really, really exciting that's outside of search, I have a tendency to look at any type of technology that allows us humans to analyze really, really, really large sets of information. Like, anything that allows us to visualize that. If you were able to get access to, I don't know, all the war, conflicts in the entire world for the past hundred years. If you had that kind of information, what tool could you use to visualize it? Tools for visualizing information, and also any type of tool that actually allows us to stay in touch and communicate better. When I think about that, and I think, tools like Twitter. But it's not the only thing. But I just think that communications and tools that facilitate communications are really, really transformational tools, for all kinds of purposes, whether it's a mobile device that allows you to sell goods or to stay in touch with family or to book an appointment or confirm something, those are pretty transformational technologies. At least, when I look outside of search, that's what I see. Lee: I totally agree. It seems like with the ubiquitous use of cell phones that all have cameras, it's amazing what's going to images. People are taking pictures of coupons and the little scan codes... Leila: Of everything. Lee: Yeah. Leila: Absolutely everything. Lee: It's really exciting. Leila: Yeah, we find that exciting and strange at the same time. But the reality is that our brains are actually wired to work with images. An image has far more impact on us than a word. If you look at an image and you see something in that, the impact of it is far greater than a word that's displayed to you. If I put a word in front of you and it says "famine" and I show you a photograph, they have very, very distinct and separate impacts. Larry: It is worth a thousand words. Lee: Yeah. Leila: Just about, I think, yes. I think there is some truth to that, that's true. Lee: Leila, I'm curious. You went from your plan to be a doctor, scientist mode, to a technologist. But why are you an entrepreneur? What is it about entrepreneurship that really excites you, makes you tick? Leila: Well, that's something that I've always had. Like from the day I was born, I think, much to the dismay of my mom, I had this thing where I really wanted to do things on my own. I wanted to set my pace. I wanted to do things in particular ways. I didn't want to have anyone else dictate how this should be done, even if the way they are asking for something to be done is actually the correct way to do it. But I have this thing about wanting to figure things out on my own and then set a pace and then run to that pace. That was always there. Even when I was in med school, it was there, which was also a bit of a challenge in that kind of environment. For me, that was very, very critical. So when I started working in a software company and I realized that that's a fantastic environment, or technology is actually a fantastic industry for that, it just confirmed exactly what I always had, which was the desire to do something by myself and build the road and travel on that road. That's always been there. I didn't find it surprising when it materialized into building a firm, but it just took longer to get there. Larry: After you get into the technology part, Leila, who are some of the people that maybe influenced you, supported you in your career path? Sometimes the word "mentors" is used. Leila: Well, for me, it's a bit different, because as I said, I accidentally fell into technology. But once I was there, I figured that this is really something that I'm very, very interested in, so I wasn't really looking so much for encouragement or someone to facilitate that entry. It was pretty much like, roll up your sleeves and figure out what you need to get done, and figure out how to do it. Learn and learn as much as possible. Stay curious about what's happening around you and ask questions. But I couldn't really have done anything that I'm doing today if it wasn't for one single thing, and that to me has been very critical my entire life. That was really, really my mom's desire to make sure, and I'm not sure it's a desire, but the way she brought us up. It was this philosophy of, it didn't matter what you wanted to do. You just go ahead and do it. You might succeed, you might fail. But you shouldn't be questioning, "Can I do this? Will I be good at doing it?" It was like, today I call it overconfidence-building, because it went beyond just making sure that your children have the confidence to undertake or try anything. It was more about, don't let anything stop you from doing something. Actually, don't even ask what that could be. Just go and do it. And that was critical. That was very important. If I were to say, what can be encouraged or what people should have more of in their lives, it would be that. It would be really someone who completely encourages them to try pretty much anything that they want to try, and figure out the other pieces afterwards. There are, of course, a lot of people that you look at and then you think, "My goodness, these people are incredible." You really admire them. Like for me for example, Cheryl Sandburg, the CEO of Facebook. She would be a hero. She would be in my book somebody that I really admire. I'm sure everyone is familiar with, Takushi, who started as a biomedical engineer, but became, at least for me, because I was in the medical field, somebody who actually transformed the batteries used in defibrillators. In the time, and even today, to me, that was just fantastic. That was just incredible. Not necessarily individuals that I related to my field, but just people whose work I admire and who have accomplished so much. Lee Kennedy: Wow. The takeaways I get is your mother basically gave you the confidence and courage that you could do anything. Then you're inspired by some of these other women that have just done really, really exciting things with their career. That's great. Leila: My goodness, yes. You look at what they have accomplished and you just think, "wow. How can they have done all of that in such a limited time? That's so brilliant!" Lee: Every time I do one of these interviews with Larry and Lucy, I get so excited and motivated. I leave that day just feeling like I could conquer the world. Thank you. Well, speaking of all that exciting stuff, I guess on the flip side of the coin, what's been the toughest thing you've had to do in your career so far? Leila: Well, that would have been early in my career. When I started Idee, we actually didn't start as a pure software company. We did a lot of consulting work. We took on a lot of clients that had nothing to do, necessarily, with the world of image search and search technologies overall. That's simply because the company was not VC- backed. It was completely organic. Profits and revenues actually built the company, not outside financing. But at the time, we were taking on a tremendous number of consulting projects, and a tremendous number of new outside clients, a little bit away from our field. There were, generally, I think, great revenues, but it was going to, how do you say that, just keep us from releasing search products because we would be busy solving problems for customers, which was great at generating revenues, but not really working on search problems. I have to say that one of the toughest decisions was to sit down and simply say that we can no longer do that. We are not going to do that. We are going to bite the bullet and restructure the firm to move from a service company to an actual product company. When we did that, it was my decision as well to lay off a number of people that just didn't fit the vision of where the company needed to go. I have to say, reflecting back, that was one of the hardest decisions I had to make. Larry: I'll say. Now if you were sitting down right now, across the table, across the desk, with a young person who is thinking about becoming an entrepreneur, what advice would you give them? Leila: Well, I would say, don't do what I have done, which is sometimes, try to figure things as you are trying to solve a problem. Like, something I have lacked in the beginning of my career was looking at how other people have done things and learning from that. That's something that I've become much better at doing with our board, so figuring out, what is it that I'm good at, and what is it that I'm lacking? Is what I'm lacking something that I can learn, or is it something that I can get by talking to a number of people that have done that, and have done it very, very, very well. It's doing a little bit of an assessment early on, as you decide to become an entrepreneur and to build the company, just figure out what are the few things that you need to do better or learn, and figure out where to get that, and not wait until you are actually battling something to know or to figure out and reach out and try to get that expertise. That would be one thing. The second thing I would say, and I see that happening a lot, don't wait until tomorrow to start something. Lee: That's great advice. It's always easy to think, "Oh, I'll get to that." Leila: Yeah, exactly. Or you know what, this is a really great idea. Let me think about it a little bit longer. Then before you know it, a whole year has gone. Just do it. Lee: Well, along that same vein, you had spoken earlier about how you've always felt this entrepreneurial spirit. What would you say are the personal characteristics you have that have given you an advantage as an entrepreneur? Leila: I think about it as a great characteristic to have. Other people might think about it as something that's pretty awful. It's just one of these things. It's just like, giving up, to be honest, is just absolutely not part of my DNA. It's not part of my vocabulary. It's just like, it's not there. Lee: That's probably the most important thing, because being an entrepreneur, you face so many roadblocks. Yeah, that's awesome. Leila: But sometimes you have to, and I still haven't learned that. I'm sure I need another 10 years. Sometimes you have to stand down and then just give up because something is not going to work. But I have to say, the one saving grace is just exactly that, like, no desire to give up. It's not part of my makeup or who I am. It doesn't even exist. Larry: Yeah, I'm going to have to look up the word "give up" in the dictionary. I don't know what it means either. Leila: There you go, exactly. That's what I should be saying. Exactly. Larry: All right, Leila, I have to ask this. With all the things that you're doing and working on and starting up, how do you do bring balance in your personal and professional lives? Leila: Oh my goodness, Larry. You guys had to ask that question. I don't. I have to be honest. I don't. I don't even try. I know things will fall apart when they do. Then I'll deal with that then. I don't even try. Lee: Well, good for you. You sound like you know yourself. Leila: Exactly. I just like my life, and I know this. I'm a workaholic. My life is very chaotic. It's very fast. It's at times a bit disorganized. At times it's difficult for other people to deal, because I have a lot of balls in the air, and that doesn't change. But I would be lying if I actually said that I look at trying to introduce balance in my life or figure out how to lead a balanced life, because it's just not my personality. I look at things that I'm interested in, and I'm interested in doing them, and I just do them. If it ends up being too much, then I adjust as I'm doing things. But yeah, it's probably something I will have to learn. Lee: Well, good for you. So far it sounds like it's worked. Larry: You bet. If we have a class on that, we'll let you know. Leila: Awesome, yes. I'll attend. Lee: Well, last question we have for you. You've achieved so much in your career. What do you see as next? What's down the road for you? Leila: Well, I'm not very good at looking at the future and predicting, thank God, actually, what may or may not happen. But I know one thing. I will speak again from a business point of view and from what I'm doing currently that is work-related, because that's a very, very big focus. We're just in the very, very early days of search. Everyone has spent the last decade typing keywords into a field to basically get search results. That is actually being enhanced by image searching, by mobile searching, by augmented reality. We are just getting better and better tools to find the needle in the haystack. For me, at least when I think about it, from a research perspective and a software development perspective, these are incredibly early days. My work's not done. I could be working on this for the next couple of decades. This is not really something that I would consider as, "Hey, achieved check mark, and let's move on to something else." It is really the early days of that. Short answer, I'm looking forward to more of the same. Larry: We're going to follow you, too. Leila: That would be great. Lee: That's great. Larry: You betcha. Leila, I want to thank you for joining us today. You listeners out there, pass this interview along to others that you know would be interested. They can listen to it at w3w3.com, and ncwit.org 24-7. Download it as a podcast and we'll have it on the blog also. Leila: I will, absolutely. Thank you so much for having me. Larry: Thank you. Lee: Thank you, Leila. [music] Series: Entrepreneurial HeroesInterviewee: Leila BoujnaneInterview Summary: A decade ago Leila Boujnane was in medical school in France, studying to become a doctor. If you'd told her then that she would be involved with technology, she would have laughed and would have said you didn't know what you were talking about. Release Date: January 4, 2011Interview Subject: Leila BoujnaneInterviewer(s): Larry Nelson, Lee KennedyDuration: 21:50

god ceo women canada interview france french toronto dna tools series idee concept vc profits bordeaux national center information technology upper release date interviewer ns interviewees audio files datetime larry nelson larry you ncwit larry it preflabel lee kennedy larry yeah lee well lee it interview summary lucy sanders larry all
Interview with Amanda Steinberg

Play Episode Listen Later Dec 13, 2010 16:13


Audio File:  Download MP3Transcript: An Interview with Amanda Steinberg CEO and Co-founder, Daily Worth and Soapbxx Date: December 13, 2010 NCWIT Entrepreneurial Heroes [intro music] Lee Kennedy: Hi, this is Lee Kennedy. I'm a board member for the National Center for Women & Information Technology or NCWIT and I also started Bolder Search. And today, we are here to do yet another interview as part of series of interviews that we are having with just fabulous female entrepreneurs. And they're women who have started IT companies in a variety of sectors, all of whom just have fabulous stories to tell us. With me, here today, is Larry Nelson from w3w3. Hey, Larry. Larry Nelson: Hey, I'm happy to be here. This has been a wonderful series. We host all the interviews not only in the NCWIT.org website but also w3w3.com and we get very heavy traffic and that makes us feel good. Lee: Super. And also today, we are interviewing Amanda Steinberg, whose professional experience spans entrepreneurship, website and software development, business development, and online community development. So, Amanda is one busy gal and she's had two really interesting ventures going on now. She's CEO and co-founder of Soapbxx. Did I say that right, Amanda? Amanda Steinberg: Yes, you did. Lee: OK. Well, welcome Amanda. We are really excited to have you today. Just a little more about Soapbxx, and Amanda you can expound if I leave anything out, it's a Web 2.0 consultancy firm. Tell me a little more about it, because I'm probably just going to mess it all up. Amanda: No problem. So, yes, I run two companies and I have two children under the age of four. Larry: Wow. [laughter] Lee: Yeah, as parents of three and five kids here, we know what you're up against. Amanda: Yeah, definitely. It gets exhausting but I love every second of all of it. So, yes, I run two companies right now and I'll talk about the management structure of each and how I am able to run two companies in the limited work day that I do have. So, Soapbox is a website consultancy. We are most specifically focused on online fundraising and marketing strategies for nonprofit organizations. I was previously the Internet director for the American Civil Liberties Union and I was able to take that experience from back in 2004/2005 and bring it into a consulting environment. And we have been serving many other national nonprofits in the same capacity of what I did for the ACLU. Lee: Cool. Larry: Yeah, that's fantastic. Now, tell us about the other company. Amanda: DailyWorth.com is a long-time dream of mine coming to fruition. DailyWorth is very simple actually. It is a daily email, a free daily email, that teaches women about basic finance. We currently serve 50,000 members and it's growing quite rapidly. And having run Internet consultancies of one form or another for 10 years, I really was drawn to the "low overhead, high margin" nature of a daily email, daily newsletter company. Lee: Wow, I love it. Larry: Yeah, fantastic. Lee: I'm signing up. Larry: Yeah, my four daughters are, too. Amanda: Fantastic. Larry: Yeah. Lee: So Amanda, we just love to hear about how you really got into technology, and today, what are some of the coolest technologies you think are out there? Amanda: Well, I got into technology, funny enough -- my mother, back in college in 1964, majored in math and minored in computer science. The industry had just come to fruition. Lee: Trailblazer. Amanda: And I think she was the only woman in her class doing this. Lee: That is so cool. Amanda: And then when I was three or four years old, she got her MBA in Management Information Systems. So whereas most kids were doing arts and crafts, my mom plunked me down in front of the computer. And I think I really got into technology. You know, I actually was following a career path of politics, but through many convoluted means I got an administrative position in college where I graduated into doing BB scripting for databases. And despite my leanings -- my extroverted leanings towards politics -- I actually really fell in love with technology in college and realized, "Hey, my brain actually kind of works this way. I think I'm going to do this as a career." Lee: And that is such a cool story because how many of us had mothers that we learned from, at least the technology side. So it's very cool. Amanda: Yeah, it is very rare. It's a very rare situation, indeed. Lee: Yeah. Larry: So, what are some of the technologies that you think today are very cool? Amanda: I'm such an Apple geek these days. I mean, lately, I'm just amazed at how connected I feel to my iPhone, much to my husband's some sadness at times. My latest and favorite technology right now is -- I guess I'll talk about two things. The first is something called HeyTell, H-E-Y-T-E-L-L. It's an iPhone app that turns my phone into a walkie-talkie. So I'm able to have these kind of intermittent conversations with all sorts of people in my life -- anyone that I've convinced to download it. And it is much better than voicemail, but it's more personal than an instant message and I'm really encouraging everyone to try it out. The other thing, from a work context, is that I'm just getting into Skype Group Video Chat. I have probably 12 employees and contractors reporting to me now across two companies and no one is in a central location. So we all talk as a team throughout the day, and I really appreciate the group video technology that enables that. Lee: So glad that you brought that up because it is such a... Well, I should say "underused technology," but so many people are starting to use it and it is so cool. Larry: Yes. I use it from time to time, also. We have clients overseas and that really is handy then. Amanda: Really. Yeah, and the fact that we can all save time and money and a commute, and I can hire my director of marketing in Bozeman, and be coached by my mentor in LA, and I'm based out of Philadelphia. You know, it really just makes all of that so much more fluid. Larry: Yeah, that's fantastic. Lucy Sanders really likes us to ask this question. Why are you an entrepreneur today? Amanda: Oh! How could I not be an entrepreneur? I spent -- in the two years that I spent at the ALCU, which I loved, by 11:00 a.m. I was kind of banging my head against the table because I need to have my hands... I did not like being "siloed" in the IT department. I wanted to be involved in strategy, and I wanted to be involved in creative, and I wanted to... As much as I was in a leadership role there, it just felt segmented for me, and I know that would be the case for me in any corporate environment. And the reality is, is that I really thrived as an entrepreneur. I was the managing director of a website consultancy when I was 22, and I was the top-selling manager there. And I realized that because I'm able to generate business and because I do have certain leadership attributes that I have to be an entrepreneur, it's just not even a choice for me. Larry: Excellent. Well, then what is it about entrepreneurship that makes you tick? I know you hit a number of points, but is there anything else? Amanda: I just really enjoy setting big goals and working toward them, and building teams and building networks. Despite the fact that I'm a home-based mother entrepreneur, I'm highly extroverted and need to be constantly connecting and interacting with people. So, I'm not sure if that's entrepreneurship that's making me tick or if it is the way that I tick that feeds into the fact that I'm an entrepreneur. But it's kind of this... I love kind of wild chaos towards big goals and seeing things come to fruition. And especially with DailyWorth, as we've grown to 50,000 members and we've signed on sponsors including ING Direct and H&R Block, and we have a pipeline of advertising revenue that makes my heart sing. After two years of constant endless workdays into the wee hours of the morning, I'm really seeing it come to fruition, and it's just -- I can't imagine doing anything else. Lee: I think you've summed up being an entrepreneur. Larry: Yeah, you got it. Lee: It's wild, chaotic, and thriving on it. Amanda: Yes, for sure. Lee: So, you had mentioned earlier that your mom was a big influence that really opened your eyes to the whole IT world. Who would you say have been other role models or mentors? Amanda: I have so many. It's really impossible to summarize. I think everyone I've worked for and worked with, I've learned something in some way. But I guess I'll talk about two in particular that have really helped me as of late. The first is a gentleman by the name of David Ronick. He runs something called upstartbootcamp.com. When I had my idea for DailyWorth two years ago, he was the one who really said, "OK, you need a business model. You need to understand your inflection points. You need to understand the revenue and the funds that you have to raise." And he really helped me put this -- what seemed like a wildly complex business model, spreadsheet together at the time, that now is really the blueprint of how I'm growing the company. So, he's been critical. I recommend that everyone has an MBA to lean on. And then the second person who's really, really transformed my world is a woman by the name of Jen Boulden. She is based in LA. I talk to her... It was twice a day. I think now it's probably three times a week as I've matured. She built the company called Ideal Bite which she successfully sold to Disney two years ago, using a very similar email newsletter model that I'm using. So she, as I joked, she's actually not very nice to me -- she is very nice to me, but she's not there to be nice to me. She's there to hold me to very high standards and point out all of my shortcomings and I've grown so much as a result of having her. I owe so much to her. Larry: Yeah. Boy, that's fantastic. You have two young children. You have two companies that you are running. What is the toughest thing you've ever had to do in your career? Amanda: The toughest thing I had to do in my career, no doubt, was back in 2001, after 9/11. As I mentioned, I was the managing director of a different website consultancy and we had grown to about 20 people and the sales just were not there to support the office. We had really high overhead and it was extremely painful. And I was responsible for laying off five people in a single go at the same time. I know you hear stories about people being fired and how horrible that is and it is absolutely excruciating. It was definitely, probably one of the worst days of my life, when I had to deliver those words to a group of people at once. Lee: I have to say that's probably about 95 percent of the other gals that we've interviewed have said. It seems to be unanimous, almost. Larry: You bet. Lee: So, Amanda, one of the things we'd like to do is have you give your advice about being an entrepreneur. We have a lot of young people, and people that are just starting to think about being an entrepreneur, so what advice would you give them? Amanda: The advice I would give them is that I find a lot of entrepreneurs that are really interested in coming up with their idea, their big money idea. And what I found is that I'm not so particularly interested in entrepreneur's ideas. I'm more interested in their business models, and how those models make money. Because I have seen countless times, amazing ideas fall flat because there wasn't the revenue or the scale to support them. And at the same time, I've seen some businesses entering crowded markets that don't seem so innovative that are really successful because they're simply improving upon one or two things that the rest of the market isn't. So, I would say, look at the businesses that really interest you. What is it about the operations of that business that are really exciting? And then, figure out your idea. That's what I did, and I can't tell you how happy I am that I took that path. Lee: That's great because it's probably a little-known fact that most of the most successful businesses out there weren't started with the actual idea. It morphed and changed along the way to find something that was really successful and a niche in the market at that time. Larry: Yeah. Amanda: Absolutely. Both of my businesses look nothing like what they were when they started. Larry: [laughs] Amanda, what are the personal characteristics, I know you've hit on some as we've gone through this but, that has given you the advantage of being an entrepreneur? Amanda: The first thing is I think I'm a little bit crazy. I don't seek balance in my life. I love to work. Work is very much enmeshed in my life. I am very ambitious, and I think you really kind of need that manic optimism to be successful, because it can just be so hard, so hard on so many levels. So, I think that's been helpful, honestly. I've definitely met other entrepreneurs who I think mirror those traits, and we often kind of laugh about how crazy we feel and yet how instrumental that is in being successful as an entrepreneur. The second thing is just being highly extroverted. I love nothing more than being dropped in a room with a thousand people I don't know. So much of building a business is about building a team and building the people to support you, not necessarily about what you can do on your own. So, I collect people as a hobby. I love -- I'm just genuinely interested in other people, and I think that's absolutely critical to any business as well. Lee: That's cool. Well, you kind of put me in a conundrum here because our next question is how do you bring balance into your...? Amanda: I did that on purpose. [laughter] Lee: So, obviously, you don't bring balance. But how do you survive? Maybe that's the better question. Amanda: You know, it was 11:00 last night, and I was making my son's and my daughter's egg salad sandwich for their lunch, and I was thinking about this slide I needed to update for my investor presentation at 9:00 a.m. this morning, and I really was cross-eyed. I was thinking "Oh, my God! I am in the depths of darkness right now. I am so tired. All I want to do is go to sleep." But somehow, I am able to survive. This is not my long-term plan -- to be living like this -- but I think if you have a certain level of ambition, you have to match it with that energy, and you have to make some sacrifices. I'd say my day is 95 percent energizing and five percent exhausting when I reach the darkness of 11:00 and the lunches still aren't packed, and I still haven't done the laundry to get their socks ready for the next day. So, I'll take that 95 percent positive, five percent pain point for what I look forward to in the future. Larry: Wow. Well, Amanda, you've got two companies that you're working and running right now. You've had successes in the past. Amanda: I've had a lot of failures, too. I've had so many failures. Larry: Oh, I'm so happy to hear that, yes. My wife and I, we started 12 companies and some were learning experiences. Amanda: Yeah. I've started probably seven to date, so, yes. Larry: Wow. Well, what's next for you? Amanda: What's next for me? Well, DailyWorth is really interesting because it's about empowering women in the area of finance. We have 50,000 members, and I know that it's applicable to reach millions of members. So, what's next for me is I'm raising around about 750,000 in Angel capital which will enable me to take my amazing DailyWorth team full time, and work toward our goal -- which is to reach 300,000 by the end of next year, and then a million over the next four years. So, that's really what I'm focused on. Larry: Excellent, that is super. Boy, I want to say that I am so happy that we had this opportunity to interview you. This interview will be heard by many people, many managers, entrepreneurs, and a number of young people who are looking into technology and entrepreneurship, so thank you for all your ideas. Lee: Thanks so much, Amanda. Amanda: My pleasure, and if I could just invite everyone to check out DailyWorth.com. For all the women interested in finance, I invite you to sign up. For anyone in the nonprofit world, Soapbxx -- spelled S-O-A-P-B-X-X -- .com is a great solution provider in the nonprofit space. Thank you. [laughs] Larry: That's excellent, and yes, we will. We'll also put it on our website so that people can link right to it if they hadn't taken that down. They can listen to this 24/7 at w3w3.com and ncwit.org. Lee: Thanks so much, Amanda. Amanda: Thank you. [music] Series: Entrepreneurial HeroesInterviewee: Amanda SteinbergInterview Summary: Like many women, Amanda Steinberg came to a tech career through a back door. But when she realized that it interested her and she was good at it, she used it to kick-start her career as an entrepreneur. Release Date: December 13, 2010Interview Subject: Amanda SteinbergInterviewer(s): Larry Nelson, Lee KennedyDuration: 16:13

god ceo women disney interview internet apple work philadelphia iphone mba web series boy concept bb aclu national center information technology release date interviewer soapbox bozeman american civil liberties union interviewees audio files management information systems r block dailyworth datetime amanda steinberg ing direct larry nelson alcu amanda you ncwit larry you heytell lee so preflabel lee kennedy larry yeah lee thanks lee it interview summary lucy sanders
Interview with Saman Dias

Play Episode Listen Later Oct 28, 2010 12:38


Audio File:  Download MP3Transcript: An Interview with Saman Dias Co-founder, AIM Computer Training Date: October 28, 2010 Larry Nelson: This is Larry Nelson with NCWIT, the National Center for Women & Information Technology. And, we are very excited about this series of interviews. We're talking with fabulous female entrepreneurs and women who have started IT companies in a variety of sectors all of whom have had fabulous stories to tell us about being an entrepreneur. With me today is Lee Kennedy who is also a serial entrepreneur and founder of Bolder Search. Welcome. Lee Kennedy: Thanks, Larry, it's great to be here. Larry: Yes, this is really excellent. I am excited. My wife and I have started 12 companies over the years. Lee: Only 12. Larry: Only 12, and we really have enjoyed these various interviews. And, today we're interviewing Saman Dias who's an award winning entrepreneur who recognized the value of enterprise scale business technical training when she founded AIM Computer Training. Now, that's the global company which was acquired in 2004. And, Saman went on to lead other successful entrepreneurial efforts in real estate and social networking. She is currently staying quite busy as, among other things, an advisor to entrepreneurs, I can't wait to hear about that, at different companies including ASEAN Incubator. We're really happy to have you here today, Saman. Saman Dias: Oh, thank you. Thank you very much. That was a fabulous introduction, thank you. I'm delighted to be here. Larry: You've got a great reputation. So, let's get into the questions. Saman, could you tell us how did you first get into technology, and as part of a carry on to that is what technologies today do you think are cool? Saman: Yes. It's kind of an interesting way that I got into technology. I'm sure this happens to many folks. But, I originally studied to becoming a doctor and I was studying for the medical college entrance exam. I'm not sure if that's familiar to the U.S. entrepreneurs, but I'm originally from Sri Lanka and that's normally the process before you get accepted to the medical school. And, I had a hard time passing my entrance exam. And, I was getting frustrated and I found that my sisters would be going to college and I would be, too, studying for the medical college exam. And, my uncle said how about computers? And, I had no idea what it meant. This was in the early 1980's. And, I said, "Sign me up." And, that's how I got into technology. Lee: That is so interesting. Well, the follow along question is that's how you got into technology, why is it that you're an entrepreneur and what is it about being an entrepreneur that you find so exciting and makes you tick? Saman: Yes, why are you an entrepreneur? I feel that you can create your own destiny. It gives you the independence. It gives you the opportunity to create wealth and be your own boss. And so, I love that. Larry: Those ideas, I think, would turn a lot of people on. Saman: And, what about entrepreneurship makes you tick I think is the follow on question you asked? Today, looking back, it makes you tick I feel like you can really make a difference. You feel like you contribute and make a difference, not only for yourself, but also to the community, to the company. And from there, taking that, you make a difference to the world because you are helping to create work, you are helping to create jobs, you're helping to create a new innovation. So, that really is huge as far as feeling that you are making a difference in a meaningful way. Lee: So true. Larry: Absolutely. Along the way you've done a number of different things. Who are some of the people who influenced or supported you, in fact, maybe a role model or mentor? Saman: You know, originally it was my father. He gave the freedom to the limit and I think he paved the path to help me to, example, come to a place like the United States and to achieve what I have achieved today. But, I was not really fortunate to have a mentor. And, that's part of the reason that I am today helping many other young women entrepreneurs to get there. I learn really on my own. But, perhaps, following other success stories such as Bill Gates, Pierre Omidyar, Meg Whitman, [indecipherable 05:12] , some of those stories were inspiring to me, but constantly following other successful entrepreneurs and learning from all of those people has helped me. Lee: That's wonderful. Well, you know, we all know and have heard the story being an entrepreneur is not exactly easy. So, if you think back about your career, what was the toughest thing you had to do? Saman: I think the toughest thing getting started was taking that risk. Taking the risk of perhaps leaving a full time job that you had your comfort zone and walking away from something and then starting a business with no revenue and living off of your credit card to get you off the ground and build your revenue. And then, along the way, doing the business and running the business, one of the toughest things I had to do was sometimes walking away from a client who's either giving revenue to you or wanted to give revenue and that you felt it wasn't thing for the company. That was difficult. Lee: Yeah, I can definitely see that. And, yeah, the first point you made about the risk of leaving a secure job or employment, I think that is one of the toughest things. You've got a great job and to be an entrepreneur, like you say, you're leaving all that behind and with no money coming in and putting stuff on your credit card. Saman: Yep. And, I think many entrepreneurs can relate to that because there's a huge risk factor. And, entrepreneurs are you have to be risk takers, not just when you first started the company, but as you grow the business, every step of the way there's a risk element that you take. That is the hardest thing is take that risk and make that decision to move to the next step. Lee: Exactly. Larry: Well, with your background and experience, and if you were sitting down right now at the table or over your desk and there's a person who's talking about entrepreneurship and looking into it, what advice would you give them? Saman: I would give them follow your passion. Follow your heart. If you have a passion or an idea for any business, take that and follow your passion. But, do know and understand that when you become an entrepreneur, there is putting in hard work. And, you can continue to keep working hard and making your business successful if your passion is about what you're doing. Then, it doesn't become a chore. It doesn't become oh, I don't want to get up in the morning and go to work. You will do everything that you can possibly do to achieve that dream if you're excited about it. Lee: It's so true because if you're excited about what you're doing, it makes all the difference. Saman: Yes. And, entrepreneurship is hard. Starting a business is hard. Keeping it together is hard. There are a lot of obstacles that you have to go through, but then at the end you have tremendous reward. And, you're not going to see that reward right away. And, once you make that decision, there's no way of going back. You want to keep going forward, and you can do that if you have something that you're very excited about. Lee: I agree. Now, earlier we were talking about being an entrepreneur, there's a lot of risk involved, and other characteristics. What would you say are the personal characteristics that you have that have given you advantages as an entrepreneur? Saman: Yeah. For me personally, I'm really creative. Some of my staff used to say that Saman always sees windows and not walls. In other words, I will always find a way to get from A to Z than giving up. And, I think that has tremendously helped me to succeed that you are creative and I don't take a no for an answer. And, I'll always figure out a way to get it down or a way to make it happen or a way to hire somebody or a way to get through to a customer. So, I have been able to take advantage of that particular character that I have. Larry: Well, let me ask this question. You've done a lot, you're doing a lot and you're working with other people helping them along the way. How do you bring balance into your personal and professional lives? Saman: I bring balance by not only working and running a business, but really getting involved with activities. I love different types of competitive sports. Specifically, I play tennis and I compete. I play for the USDA tennis team. And, I'm always constantly learning a new sport. Recently, I started learning how to do stand up paddle boarding and I can barely swim. So, I'm learning how to swim and doing paddle boarding in the ocean in Hawaii. So, I constantly look for outside activities that involve either a competitive sport, as well as I do a lot of work related to giving back and helping others. And so, that also brings a balance because it allows you to give back your knowledge and share your knowledge, as well as learn from others. Lee: That's wonderful. And Saman, it's clear you've given back, you've achieved so much in your career so far. What do you think is next for you down the road? Saman: Right now that's really a good question. Next for me down the road I see myself being involved in advising start up entrepreneurs and helping them to grow their business and be really involved in that process. I've never had that opportunity. So, I'd really enjoy being able to share my knowledge either in a advisory capacity or as a board member and keeping my eyes and ears open for something creative, another business, a business idea that may come along, or perhaps to lead another company as an executive down the line. Larry: I have a feeling you're going to do a marvelous job with a bunch of companies. Saman: Yes, I love that. I love that. Larry: Well, I'm going to thank you, Saman, for joining us today. Lee Kennedy and I have enjoyed this. We always like talking to the successful entrepreneurs. Lee: Thank you so much, Saman. Saman: Thank you so much Larry: And by the way, you listeners out there, you know you can go to ncwit.org or w3w3.com and listen to this interview and other NCWIT interviews 24/7 it's on a podcast. And, pass this interview along to others that you know would be interested. Saman: I will definitely do that. Thank you so much. Lee: Thank you. Saman: Goodbye. [music] Series: Entrepreneurial HeroesInterviewee: Saman DiasInterview Summary: Saman Dias is a person who "sees windows, not walls." She thinks her success as an entrepreneur has been due in part to an unwillingness to take no for an answer, and her ability to always find a way to get from A to Z. Release Date: October 28, 2010Interview Subject: Saman DiasInterviewer(s): Larry Nelson, Lee KennedyDuration: 12:37

united states women interview starting hawaii series bill gates concept sri lanka usda national center information technology release date interviewer saman interviewees audio files meg whitman datetime pierre omidyar larry nelson ncwit larry you lee so preflabel lee kennedy lee it larry well interview summary
Interview with Asra Rasheed

Play Episode Listen Later Oct 25, 2010 19:55


Audio File:  Download MP3Transcript: An Interview with Asra Rasheed CEO, RRKidz Date: October 25, 2010 NCWIT Entrepreneurial Heroes [music] Lucy Sanders: Hi this is Lucy Sanders, the CEO of the National Center for Women in Information Technology or NCWIT. And this is another in a series of interviews that we're doing with women who have started IT companies. Just really fabulous entrepreneurs with lots and lots of great advice for people who are thinking about becoming entrepreneurs. With me is Larry Nelson from W3W3, hi Larry. Larry Nelson: I'm so happy to be here, this is a great series. Lucy: Well and W3W3 is a great partner and their podcasts are hosted on the NCWIT site as well as the W3W3 site. Also Lee Kennedy, serial entrepreneur and CEO and founder of Bolder Search, she's also an NCWIT Director. Welcome, Lee. Lee Kennedy: Thank you. It's great to be here. Larry: Yeah. Lucy: Well, so we've got a person that we're interviewing today that really likes to play and game around. OK. I mean this is great. I think we're going to have a fun time with her, her name is Asra Rasheed and she's the CEO of RRKidz. And RRKidz develops and publishes engaging and interactive content for today's digital kids. And she really has had a very accomplished career as an entrepreneur and you'd say this, she's a serial entrepreneur like you are, Lee, very successful. And she loves gaming. She's actively been engaged with the women in Gaming International, something that is near and dear to NCWIT's heart. So Asra, welcome. Asra Rasheed: Thank you. Thank you so much for having me today, it's a real pleasure to be here. Lucy: Well so tell us just a bit about RRKidz and what's going on, what's the latest. Asra: So RRKidz basically is a division of Burton-Wolfe Entertainment and Burton-Wolfe Entertainment was formed LeVar Burton. Some of you may know him from Star Trek, Jordie, and of course from Reading Rainbow. And Mark Wolfe is a producer who also worked on Terminator Three. So the two of them came together and they really thought that there was a need in the market for good quality fun learning experiences for kids and that's when they decided to launch RRKidz, January of this year. And I came on board as CEO of their company in April and RRKidz basically represents today's digital kids. We have an opportunity to educate this generation and future generations but what we see happening is that children now are spending less time in front of the television set and more time in front of devices such as their iPhone, online, and even their iPads believe it or not. So we're very excited to be able to bring explorative learning experience for kids but also more important, we want this to be the right place for parents and educators as well. Lucy: Well that sounds pretty exciting and maybe you'll be able to get William Shatner away from, what was it, Priceline? [laughter] Asra: Yes. Larry: And I interviewed Leonard Nemoy about three weeks ago, so. Lucy: Oh my gosh. Asra: Wonderful. Lucy: We're a Star Trek kind of crowd. Well Asra tell us a little bit about how you first got into technology. Asra: I have always had this fascination with technology. I'm a very creative entrepreneur. I love sort of drawing things and sketching things out and I became very fascinated with technology back in let's say 1999, 2000, when websites were sort of becoming the big thing. And I started exploring that market and I noticed there was a really big opportunity for companies, smaller companies and mid-size companies to sort of take advantage of the online space and they just really didn't know how to adopt the platform. And so I found that to be the sort of opportunity where I could help them design what they wanted to do but also bring in technology and tie the two together. And so in 2000, you know it was interesting, everyone was saying, "You have to be online, " and "Oh I just got this great website and I spent about fifty thousand dollars for it, " and I said, "Wow, you know that's an awful lot to be online." And what I did was I tapped into my resources offshore and created a development team which allowed us to bring costs down on developing websites. And so that was sort of my first entry into technology, certainly a learning experience for me. Lucy: Absolutely. Tapping into offshore development resources back then well, that was just starting to happen. Lee: And it certainly leads into our next question about being an entrepreneur and why you like being an entrepreneur. Because definitely tapping into offshore resources is pretty entrepreneurial. Asra: That's a good question. So, I always go back to saying that my entrepreneur spirit comes from my parents. Ever since we were kids, we all grow up in this home where both my mom and dad started their own companies and they're first generation immigrants here to the US. And I really admire them for what they did. They came here. They're educated here and they started two companies which were both very, very successful. So, my father would actually take me to his office every summer and I would have to sit there and take note on everything he did. He had a factory back then and that factory was based in Taiwan. So, that was sort of my first kind of exposure to offshore resources. I had a chance to get on to the assembly line, he manufactured for us lighting fixtures of all things. And even back then, I was trying to figure out how you could make that more exciting than just it being a light bulb. So, that was sort of my first entrepreneurial offshore experience. But in general, my mom as well, she started a company. She manufactured sil plants. She created silk flower arrangements and sold them to Price Club back then. So, I've always been surrounded by people who have been very entrepreneurial and they've also been risk takers which is sort of one of the things that you need to be when you are an entrepreneur. Lee: That is pretty interesting they're both sort of manufacturing companies. I'm just as a side note in Washington this week and there's a big discussion going on about building manufacturing capability again in this country really, really a big discussion. So, that is coming back around. Larry: Now, you mentioned your parents and the major influence that they have on you. Were there other people in your life that were very supportive and mentors along the way? Asra: Yeah, I have been very blessed to have such wonderful mentors along the way. It's been such an honor to work with some of the most successful people in my industry. And yes, I have several mentors. I actually have a group of mentors who I turn to anytime I have to make sort of a big decision professionally. One of them has been my old CEO at one of my companies. I Gotta Play, who has been my mentors for the last eight years and he has taught me so much of who I am today. And then of course, I've got different mentors. I think it is really important to have mentors who bring strengths in different areas. You developed that personal relationship over time. And you need to feel comfortable with them because you really need to be able to tap in to them when you are making decisions. And they shaped away I think. So, yeah, I've been very fortunate to be able to go to those mentors whether it is in technology, whether it is in production, whether I need help with and investment opportunity. I have a great sort of foundation, a platform of mentors that I love to access. Lee: I'm curious about you have a great set of mentors and you turn to them for advice. And I am just curious how you taken what you've learned from them and factored it in to how you mentor others today. Asra: Recently I have been mentor to a lot of women and women in games. And it's been quite satisfying, very fulfilling to me. I think what I have learned from my mentors is that I try to pass along is I want to be a good listener and I want to be able to be there. If they're good, challenging times. As an entrepreneur, we all know that we have our set of challenging moments and there are times where you need to be able to call upon your mentor and sort of say, hey, I'm going through this and it is frustrated and need your advice and direction on it. Something that I learned from my mentor is early on I was able to pick up the phone and be able to talk to them and discuss whether it is an opportunity or challenge, they were a little bit... I think the other thing off of that is you really need to be very transparent at your mentors. They are your friends to guide and you should be able to go to them with sort of anything that you'd like to talk to them about. That's important. A lot of times, anyone of these things that I learned was I was always fearful of sharing too much and I think that you should be open and be able to share whatever you can because that is where your goal is the most benefit. So their advice is their help. Lee: That's a really good point because sometimes the thing we're fearful of is the thing we need to figure out. You had just mentioned there were a number of tough things you had to do and some of them, you went to your mentors, what do you think has been the toughest thing you've had to do in your career? Asra: There has been some challenging moments in my career and I would say by far, you know, one of the things of an entrepreneur, you start of with this idea. And that idea comes from you questioning sort of, "What if this worked like that?" or "What if there was this?" And then that builds into an idea and then you say, "Well, you know, there's an opportunity here for me in terms of space." I do know one of the challenging thing for me has been a lot of times, you all start this as your baby and many times, you're just fearful of changing or shifting direction. And there are times that you just have to in order for your business to succeed. So you know, my biggest advice to entrepreneurs is, you have to know when it's time to make a change and there are some tough times out there. So, if there times where you have to downsize as much as you don't want to. I remember, there was a time, I had to downsize my staff at I Gotta Play and I would say that was the toughest thing for me to do. And more recently, I think you just need to be able to know when it's time to make a shift in your strategy, in your direction. I think a lot of time what happens is entrepreneurs will sort of hold on to what they started, and often times, that may not scale. You need to know when to make a change. So those are the challenging experiences and of course I've learned from them. Larry: Let me ask you a different kind of question. You've been a mentor, a mentee and a mentor, but in addition to that, if right now, if you're sitting across the table with someone who's exploring the possibility of becoming an entrepreneur, what advice would you give them? Asra: I would say to them, to be committed to what you're doing and be passionate about what you have embarked on. Those are the two things that are absolutely required of an entrepreneur, commitment and passion. You have to have to drive to get to the challenges, to benefit what the success that this will bring you. Not all days will be good. And the other thing that I would advise would be, you know, a lot of times I speak with entrepreneurs and they have this great idea that I would say, before you embark on the start up do your research, do your homework, make sure there is a clear market opportunity. I would also strategize, build out a road map, you need to be able to sort of sustain yourself through this time because it can be challenging but so rewarding. So, that's the advice that I would give, and be passionate about what you do. Really it's not just about the money, that will come, but really be passionate about what you're doing. Lee: You're clearly very wise in the advice that you give. Just curious, if you could tell us, other personal characteristics of yours that you may give you advantages as an entrepreneur. Asra: For personal characteristics, I would say that I am very driven. I would also say that as an entrepreneur and more so as a leader, you have to be balanced and that's very important. So particularly, when you're dealing with other people, you need to be able to articulate yourself very well, be able to communicate your message and it really is all about relationships. I think one of my personal characteristics is I have been able to build relationships, build a network. That network that you build is so valuable, and I always say that you can know everyone out there in your industry but unless and until you make use of your network, you're not leveraging it. And I think that's one of the things that has helped me as an entrepreneur greatly. Lucy: Well, one of the things we're always curious about being an entrepreneur, usually is a pretty crazy life in general and how do you find balance, how do you bring balance between your personal and professional life? Asra: You have to find time for yourself and that's one thing that I learned very quickly as an entrepreneur was I found myself in front my computer all the time, I found myself working all the time and at some point, you burn out. You do get burned out and that's when I realized that I needed to make a shift in my lifestyle and I needed to make a more conscious effort about balancing my life. So for other things that I enjoy doing. I enjoy doing activities outdoor. That helps me sort of stay away from all of my electronic devices and that's difficult to do in this day and age. I really make a conscious effort to spend time with my family. That's important. It is tough to bring balance as an entrepreneur. It is a challenge and you have to prioritize what is important to you and it is interesting. You want to be the best in everything you do. You want to be the best as far as family is concerned. You want to be the best Chief Executive Officer and just know that it's OK to not make it to every single event that your child is at. And I would say that I struggled with that at the beginning and then I said, OK. I'm going to take a step back and I am going to prioritize and try to balance sort of everything that is going on. OK, I'll put my family provides a lot of balance in my life. Lucy: Well, so you are in a new position now, CEO of RRKidz. You really have achieved a lot. This is a bit of an odd question for someone who is in a new CEO position but let's just see if you have any thoughts about what's next for you or if the RRKidz position is going to be enough for a while. Asra: Well, certainly the RRKidz position is going to be enough for quite some time. I am really excited about RRKidz. It is an opportunity for me to do something that I've been very passionate about which is taking technology today and applying good content, trying those together and delivering it to kids. So, I am extremely excited about the future with regards to RRKidz. Yeah, I do see myself being a mentor. That is something that has been very obviously satisfying and fulfilling. I also enjoy advising a lot of different companies and I see that in my future. The reason why I enjoyed it so much I once was working with start up launch entrepreneurs and having been able, having the opportunity to see all the different things that people are doing. There is so much going on out there and it's really just fascinating to me to see how many people sort of recognize these different market opportunities and then embarked on a start up. I would love to sort of become an adviser. I don't know when that is going to happen but certainly not right now as what I have at RRKidz. Lucy: Well, I have... I'm sure our listeners are going to be interested in the answer to this final question which is I am just tackling on. It is not on the list but I am going to ask it anyway. Give us a little bit about the women in games international work that you are involved with. What does the group do and what is on their horizon? Asra: Sure, so women in games have been around for several years. The game industry is predominantly, it has been men and it is an area when I started my game company which was an online video game rental service. I started it back in 2002. And I was probably one of maybe a handful of women in the industry and it's very, very intimidating. It has changed and it continuous to change was that the entry of casual games and social games. We see more women entering into the space. We see more women becoming readers and executives. And we as women in games are sure to represent those women and we are here to advocate the inclusion of women in the game industry. That is something women in games as an organization that has been something very near and dear to me because I will tell you that in my years in the game industry it was quite challenging to be a woman in a minority. So, that is sort of what we are doing with women in games. The organization has been growing. There are more women that reach out to us every single day asking how they can get involve. We have chapters across United States and in Canada. So, we are very excited about the future of women in games and really just being the stage for women to be recognized for all of the contributions they've made to the industry. Lucy: Awesome. Larry: Yeah, great. Lucy: Thank you so much for joining us. We really appreciate your taking time away from your busy schedule to talk to us today. And I want to remind or listeners that they can find this podcast at w3w3.com and NCWIT.org. Larry: And download it 24/7. Asra: Thank you. Larry: Thank you. Lucy: Bye. [music] Series: Entrepreneurial HeroesInterviewee: Asra RasheedInterview Summary: Asra Rasheed describes herself as a very "creative entrepreneur ... I like to draw and sketch things out." As the daughter of two entrepreneurial parents, she credits her success to her upbringing and being surrounded by people willing to take risks. Release Date: October 25, 2010Interview Subject: Asra RasheedInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 19:55

united states ceo women canada interview washington iphone series star trek ipads taiwan concept chief executive officer tapping william shatner national center information technology release date interviewer levar burton reading rainbow priceline rasheed interviewees audio files women in gaming jordie asra datetime leonard nemoy larry nelson ncwit price club lee kennedy lee you preflabel larry yeah lucy oh interview summary lucy sanders larry let
Interview with Marcie Black

Play Episode Listen Later Aug 23, 2010 18:05


Audio File:  Download MP3Transcript: An Interview with Dr. Marcie Black Co-Founder & Chief Technology Officer, Bandgap Engineering Date: August 23, 2010 NCWIT Entrepreneurial Heroes [intro music] Lucy Sanders: Hi, this is Lucy Sanders. I'm the CEO of the National Center for Women and Information Technology or NCWIT and with me is Larry Nelson, w3w3.com Internet radio. Larry Nelson: Yes. Lucy: And we are very happy to be doing one in a series of interviews with women who have started IT companies and we love this series because there is so much wisdom with these entrepreneurs that everybody can benefit from. Larry: Yes, it's very exciting and we get a tremendous amount of business leaders, parents, all with different ages of people who tuned in and listen to this and we are very happy because we know that we need a lot of encouragement in this area. Lucy: Absolutely and very excited about today's interview. We are interviewing an entrepreneur who is helping the world solve our energy problems. We all know energy is a very important topic, very hot topic and the person we are interviewing today is a very impressive one. She has very impressive technical credentials with a PhD from MIT and also post doctoral work at Los Alamos laboratory. So, very, very well credentialed to take on the energy problems of the world. So, just to get right to it. We are interviewing Marcie Black who is the CTO and co-founder of Bandgap Engineering. And we are going to let her tell us a little bit about what the company does but in brief, they pioneered the development of highly tunable and inexpensive methods for nano structuring silicone and they are applying that technology to high efficiency solar cells. So, Marcie, first of all welcome and why don't you tell our listeners what this technology is all about. Marcie Black: Lucy and Larry, thank you for having me. It is a pleasure to be here. So, Bandgap Engineering is reducing the cost of solar electricity and the reason why we are doing that is there are a lot of trade-offs in producing electricity and by moving to renewable energy source, we can lessen some of those trade-offs. And solar is the only renewable energy source that has the potential of being or dominant energy supply. So, there's a couple of ways to reduce the price of solar electricity so that it is cost competitive with conventional sources. One of the ways is by reducing the cost of processing the semi conductors. But another way is increasing the efficiency of the solar cell and by increasing efficiency means that you can get more power over the same area of the solar cell. So, what Bandgap Engineering is doing is increasing the efficiency of the solar cell while keeping the cost per area constant. And that effectively will bring down the cost of electricity from solar energy making it cost competitive with other conventional energy sources. And as you mentioned the way that we are increasing the efficiency is by nano engineering silicone so that it's a better converter of energy from optical energy to electrical energy. Lucy: Wow. Larry: Yeah. Lucy: Now, see, I just write softwares. I'm pretty impressed. Larry: No small thing. Lucy: It is very important and it is a young company, isn't it Marcie? Marcie: Yeah, we are about three years old. Lucy: Awesome. So, how did you first get into technology? You obviously love technology and I think our listeners would be very curious to know how you first became interested in it and besides, the nano technology which you are using today, other technology that you see are especially important. Marcie: Yeah like many engineers. I've emerged from very early on. So, I remember when I was very young, my father who was also an engineer would take me to the basement and we'll build electronic circuits and radios and do all kind of cool, crazy stuff in the basement. But when I got older, I didn't explore. At AT&T Bell Labs and what that was I call that branch of boy scouts and we were able to go into AT&T and basically, play with other toys. So, play with their softwares, computers and play with some of their electronic stuff. And that I really developed a love for understanding how things work and using that knowledge to build something from it. I say that's my first exposure to technology. And as far as what technologies I think are cool, for me what's cool is the applications. So I get very excited when a technology comes out that has the chance of really improving the world. And I think that right now we're at a very critical point in history where there's a lot of technologies that are coming out that will help us live in balance with the world around us. And I find that very exciting. So it's not just renewable energy. But for example, I read about some technologies that can take salt water and turn it into fresh drinking water without using very much electricity to do it. And I find that very exciting. Also a lot of the work with the Smart Grid I find very interesting. So right now it costs a lot more money to produce electricity when all of your neighbors are using electricity, but it doesn't cost very much to produce it in the middle of the night when no one's using it. So a lot of the technologies out there are to help levelize that load, which is good for conventional energy sources but is also good for renewables as well. And there's also a lot of battery technology out there that I find very interesting and has the potential of being storage for the national grid. So I like looking at how all the pieces of the puzzle fit together, and seeing how this critical time in history is going to unfold to the point that we are burning less coal and living more in harmony with our surroundings. So I find that very exciting. Lucy: Well and we do too. We just interviewed the CTO of WiTricity, wireless electricity. And that was just fascinating. That whole area is so interesting. Larry: It sure is. Now Marcie, here you are a "nerd." You've been with some magnificent companies, from Lucent and AT&T and all, and certainly a crossover with Lucy's background also. But why are you an entrepreneur and what is it about you that makes this entrepreneur tick? Marcie: I never woke up and said, "I think I want to be an entrepreneur." For me it was more about how to best get technology into the marketplace. And so I worked in government labs, and academia, and big industry. And they all have a piece in the puzzle. But I think if you are really driven by taking an idea, and making a product out of it, and getting it into the consumers' hands, I think the fastest way to do that is in a small company. And so for me that's part of what makes me interested in being an entrepreneur. I also really enjoy in a small company the team atmosphere. And how everyone is working together to make the company move foreword and helping each other just to make it work. I find that very motivating in doing a small company. Lucy: Well we almost have to work together. Larry: Yes, you bet... Marcie: Right, right. Otherwise the company won't succeed. Lucy: Absolutely. It is true. We were just reading... I forget where it was that a lot of the smaller companies now are where real innovation is going on. The adaptation of ideas and so forth, that's where a lot of the job creation is right now as well. So it is an interesting time in start-ups. So along the way you mentioned that you had had this time with Lucent and time with Bell Labs where you could be in the labs and tinker with things. And that your father encouraged you from an early age. Who else has encouraged you in this path? Being a technologist, of taking risks, and being an entrepreneur? Marcie: That's a good question. I felt very fortunate to have had so many people really help me throughout my career at different times. So when I was young I mentioned my father introduced me to the love of science and engineering. And later on a lot of my professors really taught me how to think critically and understand technological problems. And into my Ph.D. my advisor was Professor Millie Dresselhaus, and she taught me. She's a very hard worker. She works all the time. And that taught me the value of a strong work ethic. And throughout my career there have been other people. Like now there are quite a few people including my board members and other mentors that help me on how to learn the new set of skills that you need to know when you're starting a business. So I can't really pin down one person. There's been a whole bunch of people that have been very nice to help me out throughout they years. Larry: You've done lots of very interesting things, and I would like to ask the question: What is the toughest thing that you've had to do during your career? Lucy: [laughs] There's been a lot of things that have been tough throughout my career, but I have to say the most difficult is probably starting Bandgap, because there are so many aspects that have to come together in order to make a company successful. So, when you're doing research, you have to get the technology right, and the engineering right. But, in a small company, you also have to get the IP right, and the culture right, and set up a good infrastructure in the company. There are million different things to think about, that all have to come into play in order for the company to be successful. So I find that both challenging and rewarding at the same time, but it's definitely the most challenging part of my career so far. Lucy: I have a follow up question to that. We don't really interview many cheap technology officers; we will interview founders or CEOs. So, our listeners may want to know, what is the role of a CTO in a startup company? How would you describe what you do in Bandgap? Marcie: I think it's funny because I've been talking to a lot of my other CTO founder friends, and what we've decided is that the title really doesn't mean much. It basically means you do what needs to be done to make the company successful. So, different people end up doing very different jobs with the same title. So, some people are in the labs, working side-by-side with their people, and other people are filing patents and writing grants. And other people are doing all of the above. So, I think it depends on the company and what the company needs, as well as what the CTO founder wants to do. Larry: Good point. Lucy: Great answer. I think that the role of CTO is pretty broad in a lot of companies. And I think it's really good advice hidden in what you just said: don't get hung up on the title. When you're in a startup company, everybody's there to row the boat and it doesn't really matter what they're doing, as long as the boat's moving forward. If you were talking to a young person about being an entrepreneur, what other advice would you give them? Marcie: I wouldn't advise people specifically to be an entrepreneur, even though I love it. What I'd advise them to do is, really figure out what drives them. And I think, don't take this the wrong way, but if what drives them is making money or having proceeds, it's probably not the best route for them. [laughter] But, if what drives them is, for example, bringing technology to the market and trying to make the world a better place through their technology, then I would advise them to become entrepreneurs. Once they decide to become an entrepreneur, my biggest advice is to follow your passion and do what you enjoy and what you really believe in. Because if you believe in something and you work hard at it, you're much more likely to be successful. Lucy: So, let me rephrase the question just a little bit, then, and ask you: how would you interest a young person in pursuing technology today? What would you say to them that might hook them to get that interest? Marcie: Well I did technology simply because it was fun. Lucy: Yeah. [laughter] Marcie: But then, as you know, I worked on it more, I got good at it and then it made sense for me that I stay in technology. So, I guess I would probably invite them to a lab and play in lab with them, so they could see how much fun it was. Lucy: It is a great deal of fun. I'll come! [laughter] Larry: There you go. I'm there. Lucy: I'm there. Larry: What are some of the characteristics that have given you the advantage of being an entrepreneur? Marcie: That's a good one. I've noticed that all the successful entrepreneurs I know are very optimistic, and I am definitely optimistic, as well. But you can't be blindly optimistic; you have to be what I call "realistic optimist". You can't have your blinders on, but you do have to be able to see a way that the company can be successful, and arrange it so all the parts fall into place, so that task remains clear and you can move forward down that path. So I say optimism. Also persistence and work ethic are also very important and seem to be consistent among the successful entrepreneurs that I've met. Larry: Marcie, thank you very much for that. I agree 100 percent. Marcie: Are you optimistic and working hard? Larry: You got it. Lucy: Larry's an entrepreneur too. Many times over, we're both insane about entrepreneurship. So, we totally get it. Larry: Well, I only heard the word insane, but that's OK. Lucy: That's OK too. So it is hard work to be an entrepreneur and you do need to have passion and you need to be motivated, I think, truly by bringing innovation out into the world. And yet entrepreneurs do have personal lives and struggle sometimes to bring balance between the professional and the personal lives. What do you do to attend to this issue? Marcie: It's a tough one. I think what allows me to be able to do both, is that I really enjoy both my jobs. When I say both my jobs, my other job is I'm a mom. I have two wonderful children. And so I go to work and I love my job. And then I come home and I'm with my kids and I really love being their mom as well. And so, that makes it a lot easier and allows me to work many more hours because it reenergizes me. Lucy: That's exactly right, I feel. I mean I honestly think that where I saw young parents who were struggling a lot between, with this balance issue, it was when work had become tedious. Larry: Right. Lucy: And they had to give up a lot. They had to give up being with their children for a job that they didn't find fulfilling. And so this notion that you need to be in love with both of them, I think is very sage wisdom. Larry: Yes. We love all five of our children too. Marcie: Yeah. And I guess I feel fortunate that I've managed to get a job that I really love. Larry: That's great. Lucy: I somehow think that you're always going to have jobs you really love. Larry: I think so too. Lucy: I think so too. Larry: Now, you've already achieved a great deal. And I realize your company today is only three years old. But what's next for you? Marcie: I won't be happy with what I've achieved until our cells have replaced the coal plant. So, I guess the first answer to that is to build Bandgap up to the point that we're producing a significant amount of solar energy that is making an impact on our electricity production. And it's not just building a big company. I want to build a company that obviously makes money and impacts the world. But also, at the same time, I'm hoping to build a culture where people can grow professionally at the company. Where they can come and contribute, but also improve themselves as well. So when I do that, then I'll feel like I've had a successful career. And then probably the next thing that I would accomplish is traveling all over the world. Larry: Ah-ha. Lucy: Ah. Where do you want to go? Marcie: Oh. I would love to go to Africa. And like Egypt and yeah, many places actually. I very much enjoy the music of Africa and would love to go visit it. Lucy: Wow. I've never been there. Plus I know you're in Boulder, Colorado. We have a coal plant that you could replace. Larry: Yes. That's right. Lucy: And we could turn it into a shopping mall. Marcie: That would be great. Lucy: It's rather unsightly. Larry: It's not Africa here but it is Boulder, so maybe we could get you here. Lucy: We'll introduce you and maybe you could talk them out of their coal plant. That would be awesome. Larry: Yeah. Lucy: Thank you so much for talking to us Marcie. And you have a great company with a great mission and a great background. And we didn't even get into your background around your authorship and journals and patents. You're truly a technical expert in this area and I know your company's going to succeed. So, thank you so much for talking to us. Marcie: Thank you for having me. I really appreciate it. Larry: Yes. And we're going to follow up on you, so be careful. Lucy: Oh, and you have to remind people where they're going to find this. Larry: Oh yes. You can also listen to this interview 24/7 at w3w3 dot com and the NCWIT channel. And you can download it as a podcast. We'll make sure we have it on the blog. And Marcy, thank you so much. Lucy: Thanks Marcie. Marcie: Thank you. [music] Series: Entrepreneurial HeroesInterviewee: Marcie BlackInterview Summary: The mission statement on Bandgap Engineering's website says nearly everything you might want to know about what drives its co-founder and CTO, Marcie Black: "Our motivations are many and varied. We want to mitigate the impact of humans on climate change and ease the global political tensions caused by competition for scarce fossil fuels. As parents we are inspired to leave the world a better place for our children and their children. As entrepreneurs we love the thrill of a startup and think our technology represents a very, very good business opportunity. As scientists and engineers we are motivated to tackle difficult and very meaningful technical challenges." Release Date: August 23, 2010Interview Subject: Marcie BlackInterviewer(s): Lucy Sanders, Larry NelsonDuration: 18:04

ceo women black interview internet phd africa colorado mit series ceos concept ip cto boulder colorado national center information technology chief technology officer release date interviewer atat interviewees bell labs los alamos audio files lucent datetime witricity larry nelson t bell labs larry you ncwit larry no larry it preflabel larry yeah lucy oh lucy it lucy so larry well interview summary lucy sanders larry right
Interview with Krista Marks (Heroes)

Play Episode Listen Later Aug 2, 2010 33:57


Audio File:  Download MP3Transcript: An Interview with Krista Marks General Manager, Disney Online Kerpoof Studios Date: August 2, 2010 NCWIT Entrepreneurial Heroes Lucy Sanders: Hi this is Lucy Sanders. I am the CEO of NCWIT or the National Center for Women and Information Technology. And this is one in a series of interviews that we're doing with great entrepreneurs, women who have started IT companies. And they all have great stories to tell, especially in the areas of entrepreneurship and the technology of the future. And with me is Larry Nelson from w3w3.com. Hi Larry. Larry Nelson: Hi, I am happy to be here. Lucy: What's going on with w3w3? Larry: Well we're doing all kinds of very neat things; we interview all kinds of neat people. But we really enjoy the NCWIT interviews because I'm having four daughters, and this idea of information technology in helping support women, it's just fantastic. Lucy: Well today is a real treat for us because today we're interviewing one of my absolute favorite people and entrepreneurs, Krista Marks. And she's a real blend of technical accomplishments, and social passion, and entrepreneurial spirit. You cannot spend more than five seconds with Krista without getting all kinds of really great information, and energy, and passion. And I had the privilege of interviewing her recently at Entrepreneurs Unplugged Session, and it was just a real treat. Everybody loved it. And I know our listeners are going to love the interview today. She's the co-founder of Kerpoof Studios, but before that in working in many technical areas with great technical credentials, patent-holder, et cetera. And when she started Kerpoof it was around a passion of children and innovation, and a great place to be on the Internet for learning. And apparently Disney thought that as well, and acquired Kerpoof in 2008. And Krista is now the general manager of Disney Online. And like I said at the Entrepreneurial Unplugged event she gets that little Mickey Mouse on her card, which I'm entirely jealous about. So welcome Krista. We're very excited to interview you. Krista Marks: Thank you. Thank you. It's good to be here. Lucy: Why don't you tell us a little bit of about what's going on at Disney first before we launch into the interview. Krista: Well one of the most exciting things that's going on, everything on the Create portal is done in bolder. And if you go to disney.com there's a game portal like a video portal, but there's now a Create portal. And that was the vision when Disney acquired us, that we would take an extended technology we've done around Kerpoof and really combine it with their IT, and build kind of an area on that dedicated to creativity. And we've done that. But we have a very big event that's going on now that I'm super excited and proud about which is a digital mosaic. Lucy: Oh wow. Krista: It's a large scale mosaic. There are images of Mickey. We provide the tools for kids to create drawings online. Those drawings are submitted and once moderated there incorporated into a Mosaic of Mickey that takes thousands and thousands pieces of art. In fact, we are rolling out different images of Mickey and each one is populated as a Mosaic. The whole portal is very exciting but for me this is sort of the combination of what is exciting about the web. Is this idea, the technology the technology for those not interesting to me but technology combined with the kind of things you can do in terms of being kids into this story? Be part of the story to participate and that kind of interaction is just super exciting. And to do something on that scale so its not just, "hey kids come in and draw, hey kids come in and draw and be part of something larger. Is part of a large Mosaic dedicated to Mickey?" In addition, it has been hugely successful I think were over 300,000 pieces of art created today. Lucy: Wow that is awesome. I am going to check that out four sure. In addition, its just so fascinating to you knows Krista is a real pioneer in the area of innovation for kids on line and it is very inspiring. Therefore, I am glad a company that is big as Disney is getting into that, that whole area. Krista: Serious, honestly is not it I thought it was very exciting. The reality is to have a company with number one family media company in the world really embrace bringing the kids into this story. Not just saying here is our art and here is art beautiful this is what they do well. Right, they create content saying, "you know what kids we want you to create content too, we want you to be part of that." I think its extraordinary exciting and I am really proud to be part of it. Lucy: Absolutely, one of the things that we always like to ask people and you rather go back in time a little bit. And think through here you are at Disney today but you were not always at Disney. You were interested in technology for some reason so why don't you tell us how you first got interested in technology. And as you look at the technical landscape today what technology do you think are especially important? Krista: My road is not, some ways its super smooth because I went, I graduated high school and I went to college and I studied electrical engineering. I would say it was unsmooth and it is why NCWIT is so important and that when I went to college I did not know about technology or pursuing a career in technology. Which for me it ended up being electrical engineering but obviously the number of careers one can choose in technology. For me what happened in high school is that I really gravitated in mathematics and science, problem solving. This is the areas that I like, unfortunately when I got to orientation for college I sat next to a student and I said what your major is. In addition, they said they were an electrical engineer and I said I do not know what that is, what is that? And they said oh well, I do not what that is either. But I know that if you really like math and physics, that it's really the best major to have and I said oh my gosh. Those are my two favorite things. So I really fell into it. And so I think, why NCWIT is so critical in the kinds of things they're doing, that you are doing which is so important, is that I would like no young person to start college not knowing what computer science, engineering, electrical engineering, all of the areas that on can pursue in technology, bio engineering. You know, the list goes on and on. But to be really aware of those opportunities, it may not be for everyone. But at least to be aware of them and so mindfully know what you're choosing from, when you choose a career. So anyway, again, I think I got lucky which I don't think is a good thing. But the good news is I did end up there and love technology and in fact really wanted, from that point on, to be part of designing technology. And spent a number of years, my first eleven years, designing custom electronics for high energy physics experiments. Got to work around the world, Lawrence Berkeley National Laboratory, that really solidified my love of technology. Again, I was just working on really state of the art technology and systems. Great experience, great first experience. Worked with some real giants in that field and had amazing mentors. So that's kind of how I landed in technology. In terms of technology that I think is very interesting right now. I first would say, look at the I-pad, for a number of reasons. But for me, particularly, and again I'm interested in kids and technology. And the reality is kids learn by touching things. And so the I-pad is just perfectly designed for this demographic. And I think increasingly kids will literally learn how to read and problems solve using these types of devices. You know, what's interesting is, is I'm a part of a number of groups that are always thinking, gosh, can digital media actually make a difference. We have a lot of kids that are falling behind that aren't doing well. And there's always, can it be the silver bullet. We know that kids need scaffolding and they need adults to be there to help them succeed. But can digital media, can technology actually help set them and do something about this. And I think, to me, the I-pad is the first device, first piece of technology. And actually I like to bring up I-pad because a lot of times I think young people don't even think about the I-pad, the I-phone, the computer, that those are pieces of technology that are designed by technologists, right. And that how cool to have a career that, that's the kind of stuff you create, right. And I always say engineers. Look, at the end of the day all we do, we just create stuff. We build stuff whether it be Google the website, whether it be a Ferrari car, whether it be a Boeing airplane, whether it be an I-pad, and I-touch right. Software and hardware, that's what we do, we're creators, we're builders. So that's a piece that's exciting to me. I'm a little excited, I got to go to E3 which is of course the big conference this year, has to spend a little time there. In addition, have to see Microsoft's new Kinect, which of course is new tall. To me you know I would of prior to see thing that I would said the Wii. I think the Wii is very interesting piece of technology. I think its bringing back the sense of intergenerational game play. And again technology for technology's sake is not interesting to me but technology as a means to do interesting things like intergenerational play, very exciting. That takes that to the next level where you have Kinect where your whole body becomes the controller. Right, so you jump up and down on the screen the avatar jumps up and down. This is big stuff this is exciting stuff. I will say in the world self-serving but I think what we just did with the group wall, the digital Mosaic. [inaudible 09:01] is part of the kind of technology that to me is exciting, really pushing what the web can deliver. That level of interactive that frankly up to recently I would say you really only got from desktop software. Lucy: You know I saw Kinect at the Microsoft Facility Summit; it was interesting very, very interesting technology. Larry: Wow, you know, Krista, I thought when I fist met you at First Robotics, when you and I were both judges and of course, Lucy and her husband who were very involved also. But you mentioned Lawrence Livermore National Labs; about 20 years ago, they were a client to mine. Krista: What a small world. Larry: So I wonder if we met there. Krista: Actually, I was at Lawrence Berkley National Labs, something different then Lawrence Livermore. Larry: Oh, OK. Lucy: There all related to Lawrence. Larry: Is that the case. Krista: Actually there not, interesting a little aside the Lawrence was connected with Lawrence Berkley. In fact, his family has fought a long time to have his name removed from Lawrence Livermore. Because he really did high-energy research. He did not do bomb testing or development so a little aside. Lucy: That is interesting. Larry: It is and in fact when I think back there were very few women at all at Lawrence Livermore, very few. Anyhow you know here you are you got this techie background, you like solving problems in math and physics and all. Why you are an entrepreneur and what is about entrepreneurship that makes you tick? Krista: You know I have not really thought about this it is a good question and the more I thought about it. I have been asked this before and one of the simplest reasons and I do not think probably unusual is my father was entrepreneur. I think there's always been a piece of me I really admire him and admire what he has accomplished. I think its something always in the back of my head that is a big dream. I also think, honestly I think it is in the water in the United States. I think we're born and bred on the idea that you can strike it on your own. You can really start your own company. It is an extraordinary thing about this country that makes me excited to be here. I think there's not that you cannot be an entrepreneur in other countries but its very favorable here. We have a very nurturing environment being an entrepreneur. But first of all, my father, I think some other things happened that were critical. I think the reason a lot of people aren't entrepreneurs is not that they don't want to be, but because it's too scary. You have a good job. You're getting good pay. Why would you leave that for something that, frankly, that most people fail. You go to making no money and very unsure. A different level of stress. Because now, really, the buck stops with you in a very real genuine way. And I think because of all that, most people don't make the leap. I had two pivotal events. And I think it's an interesting thing to share because it really validates how I think having mentors or people that believe in you can impact you. I met a very famous entrepreneur, Jerry Fiddler. He's actually the cofounder of Wind River. A company that he grew literally from his garage to a billion dollar company. And I was on a ski trip with mutual friends and he was there. And it was all week. And we were skiing together. And during the course of the week he got to know me. And by the end of the week he said, "I think you would be an amazing entrepreneur. And not only that, I think you would be an amazing CEO and entrepreneur." And I think that someone who you kind of look up to, validates you, and says that, it has a huge impact. And so, at that point, I knew I was going to do it. It was a matter of finding the right group to do it with. It's not true for everyone, but for me, it was really important to do it with cofounders. And I was at Xilinx for the time, and three other people who were at Xilinx, three other engineers, we all had had a lot of success at Xilinx. A very wonderful company Xilinx. And I got to lead some products that really made a difference to their bottom line and their company. And I felt like, wow, I think I can do this. I think I have some good instincts. One of the things I learned when I left Lawrence Berkeley Lab and went to industry, and went to Xilinx that I didn't know about myself was how competitive I was. And I was working on products. And this raging competitor came out of me. When we would lose design wins, I would be so angry. And I would say to the sales people, "What do you mean we've lost?" And they would say, "Well, Krista, you're products are only one of many pieces that factor into a win." And I would say, "What are you talking about? My products should be so good it should determine the win. I want to talk to your customers." And I would go to the customers. And I would say, "What could we have done? Could we have done anything?" And in fact, there were things. They said, if you did 120 of this bus, and you did dynamical lining. You know what? We would have given it to you. Well, we went back and we did those things. And in fact, [inaudible 13:40] at our customer and led to the success. But what I learned is that it's obvious. It's not like a lot of people don't know. But was listening to customers. How powerful that can be. Truly viewing what they want and the kind of success you can have from that. So I think that combined with obviously having seen a father that ended up having role model sort of confirm that they think I could be good at it. With sort of already having some product success within the company and feeling my instincts are good. I think this is something I could do. I think all of that came together to make me able to take that leap. That's a scary leap. I don't think anyone who takes that first leap to become an entrepreneur and start a company from scratch. I always see it as jumping off a cliff. In fact, the other three cofounders, I always said, "We're going jump off this cliff together, and here's what I know. If we hold hands, don't let go, ever. We'll succeed. If we hold hand and don't ever let go, we'll succeed." And I use that metaphor a lot actually. Even when we sold the business, I said that, "Look. You guys, we got to hold hands here. We're holding hands. We're stronger as a four than we are individually." I think that's true. Lucy: That's really awesome advice. And I want to point out Jerry Fiddler's encouragement as being something really important, especially to many women to start companies. That he saw a great skill and he encouraged it. And here we have Krista today, having done a lot of great technology, and a successful entrepreneur. I had cause to be in a room with him once. When he found out I was from Boulder, he came up and said, "Do you know Krista Marks? She's just fabulous. Do you know about Kerpoof?" Larry: Whoa! Wonderful. Lucy: So, he's definitely your fan. Krista: Well that's funny because I actually... at that ski trip, I said Jerry when I become an entrepreneur this means you have to be an advisor. That's what you're signing up for right? I had locked him in right then. Lucy: Oh, that's great. Krista: He was an advisor to Kerpoof. Lucy: So see, I think we know what makes Krista tick about entrepreneurship. It's great. So, along the way Krista you have obviously done some tough things in your career. Why don't you tell the listeners one thing that's especially tough that you've had to do? Krista: I'll answer that in two ways. The short answer is becoming an entrepreneur. By far. Just that single decision to leave the security of a good job. I was doing very well in the context of where I was, and take that risk. Career wise, that was the most radical thing I've ever had to do. I think there are two other things. I think if you become a manager, which I did when I went to Xilinx, I took on a manager role. So, I was managing a group of engineers in Silicon Valley and then eventually also in Boulder that were developing technology. And I think when you become a manger, one of the hardest things in any career, in my opinion, is the first time you have to let someone go. The first time you have to fire someone. That was so hard that I really questioned whether I wanted to be in a leadership role anymore. It really was that difficult. I think it's always a hard thing. I think the first one was the most traumatic for me. It really was very hard and yet really critical in that role. I mean I say if you can't take on that [inaudible 16:55] role, you shouldn't be in that role because the reality is as best as we try to vet people when we hire them, we don't always do a perfect job. So that was very difficult for me. I think the other thing that was tough for me, in terms of it took sort of a ton of brain power is we lead first, we're entrepreneurs. And we initially launched Kerpoof in January of 2007. And we actually didn't have a lot of traffic. And I think we and the founders really had a tough, very tough decision about, do we keep going or do we do something else. You have to understand that was such a radical thing to do. We, all our hardware engineers and software engineers, the software engineers developing for hardware. Really pretty much a high tech classic background and we're coming to not only developing for children, a consumer web space. I mean, we really could not have in many ways, left our domain more completely. And everyone we talked to just thought we were insane, everyone just though we had lost our marbles. You know, why were we doing it? Xilinx is the leader in a product called a field programmable gate array and why are you doing some of that gate array, are you crazy. And we were following our heart, which I think is critical but with that comes more risk, right? You don't know, you don't know. You don't have the context of this. There's risk with that, so. And then combine with when you launch the product. And of course we thought we launch it in and everyone and their mother would use it and that didn't happen. So, we decided to stick with it and at that point, really I think did some true market research. There are two types of market research. One is you find what you want to hear and that feels good. And one is you really, you've got to get the answer. You dig deep. You're looking hard for the answers. And when we did that we really learned some stuff. We made some fairly modest tweaks to Kerpoof. And at that point really started watching it grow, watching the traffic grow. And it's interesting, a lot of the time it's true for entrepreneurs. They often, too quickly throw everything away and completely do something different, when often a small course correction can have a big impact. So that was very, I don't know if that's what you're looking for but I think that's for me personally was a pretty tough decision. Larry: Well speaking of tough decisions and giving good advice, how about if you were sitting down right now and across the desk from you was a young person considering entrepreneurship. What advice would you give them? Krista: That's so funny because my nephew is [inaudible 19:20] is interested in becoming an entrepreneur, so I just did this. I just had a delightful meeting with him over coffee. And that's what he's asking me, right. What was my advice? So I'll tell you the truth because I just did this and that's what I just said. The first thing I said is, "Get a co-founder." One of the things and I talked to a fair number of people and they have a good idea and they're kind of on their own. And I think there's a lot of value, I actually think there's a lot of value and in fact there is research to back up that diminishing return on number of founders doesn't go down until after five. Sort of shocking. If there's a lot of assumptions around the five, I think the five have to be... you offer diversity to their offering different skill sets. But literally and figure the five founders. So one of the things I say because I think it was so critical to me in my success was having co-founders. It's at least one other person. Once a very practical thing, if you can't convince one other person to jump off that cliff with you, how good of an idea is it? [laughter] Lucy: That's a very good point? Larry: Yeah. Krista: Right? That's one [inaudible 20:22] of a idea. But it is such a scary thing. And I say it feels a lot scarier than it is. I think the interesting thing about being an entrepreneur, I was impressed. What was the big deal and the other side is that it's such a big deal. But at the time those decisions feel so big and just having at least one other person hold hands. So the first thing I said to him was he needs to find a co-founder and the good news for him is he has. The other is I actually think the number one indicators for success as an entrepreneur has nothing to do with talent and little to do with good idea. I truly believe that and this is kind of a radical thing to say, it has to do with being tenacious. You need to want it, you need to have the drive, you're going to be there and if it's not right, you're going to make it right. Like I said, I said to my co-founders, "As long as we hold hands. Look, we may be really slow, it may take us 10 years before we have success but we will get to success. That's a given, we're going to get to success. I don't know how long that will take but we're going to get there." So I naturally had the tenacity and the drive and I think you got to have that. If you don't have that it's too hard. You'll just give up because it's too hard. And it's too much of an emotional roller-coaster. Look, most of the time you're looking for people to say yes. Whether it be you're trying to sell something to someone or an investor and the majority of the time you get a no, right? No, no, no, no and then it maybe turns into a no. So it's tough, it's really tough. So if you didn't have that drive and tenacity because you're following your heart, you have a passion. Do you have like, "You're going to work on this day and night, night and day until it's right because you just have to. It's just in your blood, you got to do it." You got to have that. If you don't have that then I sort of think good luck because this is not an easy thing, I think, to succeed. So you have to have kind of had that drive and passion. I think it says the obvious but one of the things I go back to the co-founder. I think it's a very interesting relationship with the co-founder. I almost liken it to a marriage though it's not a marriage but it's literally subjected to that much stress. And so you really, ideally the people that you co-found with you know pretty well, you really trust them, you're really comfortable with them. Because I think if you're not, if the trust isn't there, if that relationship isn't there, I find it hard to believe it would hold up to the kind of stress that is typical for a new entrepreneur. There's exceptions to these. I'm very much shaped by my own experience, so certainly take it with a grain of salt. The two core things in terms of once you decide to be an entrepreneur that I think have shaped me and I believe in, is build value first. One of the things that served us really well is, I felt like if we built value, we would succeed. Instead of focusing on, can we make a million billion dollars? Can we be bought by Disney? Instead of focusing on anything that might be a success scenario, just focusing on building value. So, look, we build this digital drawing tool for online for kids, let's build it really well. Let's make it great! I don't know that that will come with success, but I know that if we keep building value, we'll get there. The correlate of that is to follow your heart. I also think being an entrepreneur is really hard, so even when people are saying, "You are nuts! What do you know about kids? What do you know about the consumer's space?" If that's where your heart is... It's so hard, right? It can't be a means to an end. You have to enjoy the process. And we did. We would develop things for kids, they'd bring kids to the site, they would play with them. We may have been, in the early days, really kind of struggling, but that brought so much joy. Right? Building value, seeing [inaudible 23:56] kid liking it, feeling like, hey, we're on to something! I think part of that was really this fight. To a person, everyone's advice that we were crazy... We really did follow our hearts. Lucy: Yes you did. We had the pleasure of working with Kerpoof a little bit, and it was a great deal of fun. So, Krista, this advice is wonderful advice, and from it you can derive certain personal characteristics about Krista. For example, passion, and competitiveness, and tenacity. But also listening, valuing what the end customer, in this case kids - what do they need? Truly listening to those requirements. What other personal characteristics do you have that you think have given you advantages as an entrepreneur? Krista: Besides tenacity, which I think is a big one - drive, tenacity - I think... To me, this so overwrites everything, but it's very easy. Think of it as audience. Because it's particularly true for technologists, I just think we love technology. We just do, and so it's very easy to get caught up in the technology and forget the customer. It just doesn't matter how cool whatever you're widget is if no one else cares about it. Really identifying who your audience is, who your customer is. I really think focusing, and then being able to listen to your customer. I think sort of that's in general a characteristic of a good entrepreneur. They genuinely want to build things that people are going to use. That maybe isn't as true for a business to business. But I would say even in the business to business kind of entrepreneur at the end of the day the corporate clients that you're going to have or the business clients you're going to have. What do they want? What are their pain-points? What are they struggling with? I just recently talked to a really neat entrepreneur, but I felt like they had 10 ideas. I mean they were all good, but it was hard for me to feel they could all do well at once. I really, my advice to them, personally was just take one, focus on it, do it extremely well, and then grow that, expand that. I think there are a lot of ideas. So one of the characteristics of entrepreneurs that is very valuable is being able to narrow and focus in a very clear way. And sort of to know that focus should become bigger and when it should become narrower. That's a really critical skill. Larry: With everything that you do Krista, and I know you're busy well about 48 hours a day, how do you bring balance into your personal and professional lives? Krista: It's such a [inaudible 26] question for me, because I feel like it doesn't apply as well to entrepreneurs. And the reason is, I think typically when people talk about work life balance, there's very much this notion that work is something that you do because you need to see a paycheck. And so you want to just to turn it off, and not worry about it, and go. And I think when you follow your heart and you're doing what you're passionate about you realize it's 24/7, but it's a different kind of 24/7. And it doesn't mean it's not tiring, it doesn't mean it's not going to cost to your family and friends, certainly. And this is [inaudible 27:02] somewhat true. First becoming an entrepreneur, and even now being part of Disney I don't see as much of my family and friends. But in part that's because I love what I do. I want to do it. I love what I do. But that thing said, we did feel like they were diminishing returns and not being somewhat careful of burnout. And when we became a company we all agreed that we'd take one day off a week. We didn't always honor that. But I think we have the notion of trying to do that, of really trying it one day a week, which was typically Sunday. That know you're coming to the office. That we'd spend time with our friends and family, we'd rejuvenate, go hiking in the mountains, whatever. And certainly that helped. But, again, it is a finer line I think when what you're doing, particularly in entrepreneur it does become all consuming. It's funny one made the analogy. And I thought it was such a good analogy that in many ways being an entrepreneur, starting a company is much like having a child. And if you ever meet a new parent they're obsessed with their child. They want to show you pictures of the child, they want to talk about their child. They're really not interested in anything else in the world, right? There could be earthquakes, and there could be things going on, and they're just oblivious, right? And, that's their first year bubble of new child. And, entrepreneurs are a lot like that. I said - I always joked, you know, that - that the only family they spend a lot to time with - In the first couple of years of my being an entrepreneur, of starting Kerpoof, were people who were into Kerpoof. If you were into Kerpoof, then we could have a good conversation. If you didn't want to have a Kerpoof, I didn't really have much more I wanted to talk about. So, there is sort of a - And, there is an all consumingness that may not happen to everyone. It certainly happens to some entrepreneurs. I don't necessarily think it's a bad thing. You know, I think it's part of doing something extraordinary. It's part of succeeding. I think to answer your question really in the most succinct way, I don' think I do bring a lot of balance to my life. But, I am trying to do a little better and not because I - to do it for it's sake, but because actually I do think that your relationships with your family and your friends are very important to the whole of your life. And, if you neglect it too long, obviously that's at a cost. So, not to say that I don't think those things need to be considered and nourished. And, I think I have neglected them, for sure. And, I am - I making up now for that. Lucy: Well, I learned how to speak Kerpoof. Larry: Yeah. You did. You did. Krista: You did. You did. And, we got to talk. Lucy: I learned how to speak Kerpoof. And, listeners should also know that Krista is very generous with her time in the community with First Robotics, and certainly with NCWIT, and other groups. So, we definitely appreciate that as well. So... So Krista, the last question - You've achieved a lot. You know, you - I'm sure - have things that you want to accomplish in the future. Why don't you tell us a bit about what's next for you. Krista: You know what? One thing that... I don't know. I feel ostensibly believe life is extremely long. I think people say life is short and they're just wrong. I think it's long. I think we have the ability at least in the United States for - Many people have the ability to do many things in the course of their life if they're interested. So, I'm 43 now. So, I believe as many things as I've done to date, I've will, at least if not more, just have found it wiser to do as many more. So, I think life is very long. I also don't tend to be a long-term planner. I never have. I think it's kind of hog wash - much more interested in today and - and short term. So, for me what I know for sure is I feel very passionately about making sure...I really would love to see Disney stay in Boulder. I would love that - how ever long that takes. And, that could take a decade. But, I would love to see Disney remain in Boulder as a presence in Boulder. I think it's an extraordinary company. And, I think they have a real need for the kind of talent... we have in Boulder-technical talents - and also in Dimmer, actually inside Colorado. People don't realize the creative talent. But it is the fifth state in the top five in terms of the number of creative people that are here - artists and creatives - and so that combination of creatives and technologists. I actually hate that word "creative" because I think engineers are creative. But anyways, that's still the term that's used. Creatives - so animators and artists and the kind of amazing engineering talent and technical talent that we have here. That combined is very special. So it's not just an act to have Disney here. I think Disney can actually flourish here. I think we can continue to add something important to what they're trying to achieve with digital media. So that's one goal. Also, and I think this is happening but I really believe that we are changing the face of the Internet in some meaningful way for kids. I think that historically the large companies that frankly own the kids audience. The reality is kids go to very few sites. Nick.com, Disney.com obviously are the two big ones. Then there are a number of other players. Club Penguin certainly is one. But there are only a small number of sites. So what you want is for those sites to offer engaging entertainment but also offer participation, interactivity, and the ability to design because one of the things that's unique to the computer that's not true for a mobile device at least today, and it's certainly not true for a TV, is you can't design. So the computer is this unique platform. I think that, not those mobile platforms won't also be this, but those platforms you actually can participate, right? So to me this large piece of having a place and do that kind of dedicated creativity is a step towards we just move in a direction that nobody would think of doing otherwise. If you create something for kids, you just wouldn't imagine not offering some level of genuine engagement, some level of genuine participation, if it is computer-Internet based. That would just be an obvious step. I don't think we're there yet, but I think we're moving there. One of our competitors - actually it was interesting - I just noticed launched a very modest, but albeit a little center dedicated to creativity on their site, a site you wouldn't anticipate that from. I just thought that was so exciting, right? To me, you know you're leading when people are following. If you're leading in a place that's interesting for kids, then that's very exciting to me. I guess to me that's what's next. Lucy: We vote for that, and we vote for Disney in Boulder. Larry: Yeah, you bet you! Lucy: Absolutely. Well, thank you, Krista. This was very interesting as always. We really appreciate it and want to remind listeners to look for this interview at W3W3.com and also NCWIT.org. Krista: Oh, and thank you, Larry and Lucy. It's really my pleasure to be here. Larry: It's great, and of course we're going to have to follow up on you again. Lucy: Thank you, Krista. Krista: Thank you. Series: Entrepreneurial HeroesInterviewee: Krista MarksInterview Summary: "When I went to college, I didn't even know about technology or pursuing a career in technology," says Krista. "Fortunately when I got to orientation for college, I sat next to a student who said she was going to major in electrical engineering. 'What is that?' I said. And she said, 'I know that if you really like math and physics, it's the best major to have. I said, 'Oh my god, those are my two favorite things! I would like every student to be aware of the available opportunities when they're choosing a career. I did end up there and loved technology. In fact, from that point on I really wanted to be involved in designing technology. I spent the first eleven years designing custom electronics, and got to work around the world." Release Date: August 2, 2010Interview Subject: Krista MarksInterviewer(s): Lucy Sanders, Larry NelsonDuration: 33:56

united states tv ceo women google disney interview internet career colorado microsoft heroes silicon valley series software e3 concept sort ferrari boulder colorado boeing worked creatives mickey mouse mosaic national center information technology wii release date interviewer kinect wind river interviewees audio files club penguin xilinx lawrence berkeley national laboratory dimmer first robotics datetime lawrence berkeley lab larry nelson lawrence livermore ncwit larry it preflabel larry yeah lucy oh krista it lucy so larry well lucy you interview summary lucy sanders
Interview with Katie Hall

Play Episode Listen Later Jul 16, 2010 23:50


Audio File:  Download MP3Transcript: An Interview with Katie Hall Chief Technology Officer, WiTricity Date: July 16, 2010 NCWIT Entrepreneurial Heroes [intro music] Lucy Sanders: Hi, this is Lucy Sanders. I'm the CEO of the National Center for Women & Information Technology or NCWIT, and this is the next in a series of interviews with women who have started IT companies, just wonderful entrepreneurs who have a lot to tell us about their success in entrepreneurship, a lot of great advice. With me is Larry Nelson from w3w3.com. Hi Larry. Larry Nelson: Hello. I'm so happy to be here. This is a great organization, NCWIT, and the interviews that you've been doing with all these wonderful women, sharp women, it's fantastic. Lucy: Well we're getting a lot of uptick on these interviews, a lot of good remarks from people, so thanks for that, and thanks for w3w3's partnership with us. Larry: Yeah. Lucy: Awesome. Also, Lee Kennedy is here, a serial entrepreneur and founder of Boulder Search who's also on the NCWIT Board of Directors. Hi Lee. Lee Kennedy: Hi, it's great to be here, I'm looking forward to this interview. Larry: Yeah. Lucy: I'm very excited about this interview. First of all, the person we're interviewing worked at Bell Labs. Yay! Lee: Yay! Larry: Yay! Lucy: We always like those Bell Labs people. She's a very impressive technologist. She's an expert in photonics, and she holds 11 patents, so I think easily one of the top technical talents that we've interviewed. She's a serial entrepreneur and her latest company is especially exciting, called WiTricity. They transfer, get this, electrical energy or power over distance without wires. Larry: Wow! Lucy: So imagine all the cables in a room-size space, all the cables disappearing. I personally think that would be just fabulous, considering all the cables I have right here in my office. I'm sure that we'll hear more about the technology, but I watched a YouTube video on WiTricity which I thought was hilarious, and people who are listening to this interview should go and pull it up and look at it, because the tag line that I wrote down was, "Being stuck in with a bad power cable is like being stuck in a bad relationship." [laughter] Lucy: That really describes their mission, and I'm very eager to get on with this interview with Katie Hall. Hi Katie, how are you? Katie Hall: I'm fine, thanks. Thanks very much for having me. Lucy: We really are looking forward to interviewing you. Why don't you tell me a bit about WiTricity? I should tell listeners that Katy is the CTO of the company, and we're very eager to hear... First of all, the name is interesting, so you might want to say why you chose it, but also what the latest happenings at the company are. Katie: OK great, thanks. WiTricity actually is a small start-up company that was founded at the end of 2007. It's a spin-out, really, from MIT and some technology that was developed there by a professor Marin Soljacic, who has a great story of how this technology came to be. Which is that he was woken up in the middle of the night a couple of times because he had a cell phone that, when it started to run out of charge, would beep. The only way he could get it to stop beeping was either to plug it in, or to actually take the battery out. You couldn't just turn the phone off. It was really annoying. You'd have to not only get up to have to deal with the phone, you'd have to find the cord, and maybe it was the fifth or sixth time in a row he'd been woken up and he finds himself standing in the kitchen holding the phone in his hand and looking at the outlet on the wall and saying, "Why can't this thing take care of its own charging? How come I can't just get the power from the outlet to the phone?" It really motivated him to start thinking about how could he get that power wirelessly to his cell phone. So, he did some looking around, being an MIT professor, you go off and you try to see what's already out there, is there a solution to the problem. But he couldn't find anything that could be used in a house that would be very efficient. There are things like radio waves that are used to transmit information from cell phone towers and for TV broadcasts and things like that. There are inductive systems where, if you have an electric toothbrush in your bathroom you might know that if you put it in the cradle it'll recharge itself. Those kinds of systems only work over very short distances. He wanted to be able to go actually a couple of feet. So he came up with this idea that he should be able to use resonance as a way to transfer the power, and the nice thing about resonance is that power is transferred between two resonant objects very efficiently, but it doesn't transfer power to anything else that is off-resonance. For something like a home application, you can transfer power from the outlet to the phone, but you're not going to put that power anywhere else, it's not going to be going into people or plants or any of the objects around it. So it's this great technology. He came up with it, demonstrated it, and the amount of interest from people when they saw the first demonstration, which was lighting a light bulb over about six or seven feet... Actually, the team was sitting in between the source coil and the receiver coil and then they were lighting a light bulb, and it just captured people's imaginations in a way that was amazing. Marin started to receive all kinds of calls and emails from people saying, "This is fantastic. Could I use it for this application, or that application?" We realized that this is the kind of thing that you start a company around. I'd known Marin for many years and had worked with him on other projects to do with photonics and, like you mentioned at the beginning, some of the stuff I had done originally at Bell Labs. He said, "We're going to start this company and we're looking for people who know how to do start-ups, would you be interested?" I absolutely jumped at the chance, because both the technology and the people involved in it were, to my mind, top-notch. The company has been around now for two years and we've been really doing the engineering that it takes to start to put this kind of technology into real-world products. We're looking at ways to recharge consumer electronics like cell phones and cameras and iPods and things like that, which are relatively low-power applications. We're also looking at things as different as charging electric vehicles. So, imagine you have an electric car and you can drive it into your driveway and then get out and go in the house and the car just takes care of its own charging. You don't actually have to plug it in. So, this is wide range of applications that the technology can address and we are developing all kinds of systems now to prove it out. Larry: Wow, that's fantastic. Lee: Can I be one of your pilot users? Lucy: Yeah. Larry: There you go. Wow. Lee: Awesome. Larry: Katie, we know prior to WiTricity, you were the founder of Wide Net Technologies but how did you exactly get into technology period? And then the other part of it is what technology do you find today that's very cool? Katie: Well, I was trying to think about how did I first get started, and I think for me really when I got the most interested in it, at least in science was in college. And oddly enough, I had no thought of being, spending my life or my career in science. When I entered college, I was really thinking more about being a politician because I really just... There were lots of things I felt there like the way they work and I thought just... You can make the world better and I can do that by being politician. That was really what my goal was when I first started. But I wanted to get my science requirement out of the way. So, I signed up for physics course when I was a freshman and it was a web course. Those introductory physics classes that you take where you roll a card stone and incline and you shoot balls out of pens and some things like that. And I just love it. It was so much fun. It was fun to actually do the work. It was fun to see there were equations that people understood the laws of motion and you could write down equations and predict how things are going to happen. And I just got absolutely hooked by the technology and especially by having my hands on something, working in the lab. And so then really, it only took me one semester before I switch my major with physics from there and on out that was really how I got interested in it. In terms of technology that I think is cool is I like the simplest things. I want to find something in the store that is a solution to some problem you have around the house. For example, one of the things I like to collect are these bicycle cups. I don't know if you have really seen those but they are sort of concentric rings and you can extend them and it forms a cup and then you can push them back down, pack it up and use it to carry in your back pocket. So, lot of the technologies that I like are very simple design that solve some kind of a fundamental problem. I really just like that something you look at it, you get it right away. And you do just think it's cool. I mean anybody who loves technology loves to see something well done like that well designed. Lucy: So, Katie, it's clear that you've been a serial entrepreneur and it sounds like from what you are just saying that it started off in college wanting to change the world. Tell us about what it is about entrepreneurship that really excite you and why you continue to work with new start-ups. Katie: Oh, it's funny. I think it is actually the same motivation which is that you want to make the world better. We can have an idea. You think you can see the way things are being done and you think they are not being done the best way they can be done and that you have a better solution and you want to go out and you want to prove it to people and you want to make it available to people. I think it's just so exciting to do a start up. You find a team of people. I love team work. I've always played sports all of my life. So, I really do enjoy being part of the team. It's kind of alarming when you work on your own and I think this is... When you get the right group of people together, what's the expression about the whole is more than the full its parts. When you can find something that comes together like that and all of a sudden your efforts are being amplified by the people around you and you are making real progress and you are able to change things. WiTricity is a great example. When we saw the excitement to everybody had for us to be able to eliminate wires and all kinds of applications. Some of them are medical for example. If you want to recharge and imprint device. Some of them are industrial. You can just really hopefully make the way people live, make their lives better with the technology and being able to be part of the team that developed that is really exciting. Lee: I say it's exciting. I'm sitting here and thinking can I come and help? It's very exciting. Lucy: I mean this is like a breakthrough technology. Katie: We love all the help we can get. Lee: Well, and so, it is a case I think that in your technologies, you are improving the world. I mean that's one of the goals that drive great technologists. Along the entrepreneurial past, who influenced you? Your mentors or who encourage you? We are always eager to hear that because it is very insightful. Katie: Yeah. It's interesting and I think it's important to recognize the people that helped you along the way because I certainly know I wouldn't be where I am today if it weren't for people that really helped me out every step of the way. And I think for me it started even when I was just a little kid. My grandfather was a bit of a tinker-er and an inventor. He was always coming up with things around the house. He made special kinds of carts that we could drive around in the driveway and built an automatic rebound machine. And he was only doing a little workshop down in the basement and he always includes us on that. Come on down and let's take this thing apart and figure out how it works. So, he was definitely a guy who was always curious and interested and because being around that note kind of sunk in. And of course, I also have to credit my mom as well who just was really... She just believed in all of us. All of her children so strongly that she would say, you've got to find what it is that you are good at and you have to do it well because the world needs people like that. And about that specifically saying go into science or that sort of thing but just find out what it is that you can do and try to make the world a better place. When I got to college, I had a great professor who actually taught that first class that I talked about. And really encourage me to stay in science. Especially when you're a freshman, if someone takes the time to find out who you are and what you're thinking, what you're interested in... In the case of Liz, she watched out for me all through college and told me, "These are the classes you should be taking." Before I finished up I actually worked in her lab on campus, just sitting around and talking, and finding out what her life had been like. You know, people who will stand by you. You have good weeks and bad weeks, you have good tests and bad test. Having somebody encourage you all along, so you keep that chin up and keep moving. Those kinds of people in your life are absolutely essential. When I went to Bell Labs I worked with a guy, his name is Bob Jopson, and he also gave me a lot of responsibility, but also a lot of help, in a really nice way. He'd give you really fun things to work on, but made sure that you had the resources that you needed to be successful. I actually went to Bell Labs before I went to graduate school. When I went to graduate school, I was lucky in the sense that I had spent a lot of time already working in the lab, and I was quite familiar with it and was able to fit right in. I had a professor at MIT, his name is Eric. He's very famous in the field of optics that he's working in, but he's a very down to earth guy. He was always there for his students, and taught us a lot about how to be professionals, how to review papers, how to participate in societies. I think I've also been especially lucky in that the people I've worked for have always been really upstanding people. They really care about doing things the right way and being ethical, and all of those things that are so important to science, and that get taught not in a class, but by working with people. I've really been blessed to have people that taught me those important lessons all the way along. Larry: That's great. With all the support that you've had over the years, and the successes that you've had over the years, what is the toughest thing that you ever had to do professionally? Katie: One of the things I love about what I do... I always think one of the most important things you can do when you're choosing a job is to consider the people that you're going to be working with. This is actually advise that Liz gave me when I was in college. She said, "Care a lot more about who you work with than what you work on." There are so many interesting problems in the world that you know you're going to be able to find good ones, but there's nothing that's really worth working on if you don't really like or trust the people that you're working with. The hardest times, when I look back on them, are times of change where maybe somebody was leaving some place to go take another position. And even though you might have been wishing them well, it's always hard when you lose a teammate, or if you had to cut down the size of a team because of the various things that were going on with the business or the economy. I think at work those are some of the hardest situations that you face. Lucy: Yeah, I think we've heard that consistently in the interviews we've done. Katie, you've had a lot of great advice, it sounds like, in your career, and we have a lot of young people that listen to our podcast. If you were sitting here today with a group of young people, what advice would you give them about entrepreneurship? Katie: That's a good question. I guess I think about the things that I've learned, and I think sometimes it's really important to try to take a risk and not be afraid to fail, because chances are you are going to fail at something along the way. You're going to certainly make mistakes, everybody does. Sometimes people can very clearly think about all the things that could go wrong down a path, but they forget to remember all the things that could go right, or how great it would be if it went right. Just because you don't know how to get to the end point, it doesn't mean you should not step off and start. Most people, if they tell you the truth about how their careers have gone or how their companies have gone, they tell you things in retrospect, "Here I am now, let me tell you how I got here, " and it can sound like such a straight path. It maybe even sounds like they knew from the very beginning how they were going to get here, when in reality, if you look back, it probably was very zig-zaggy. They might have had some completely different idea in mind, and something, in the process of solving one problem, came up that took you in a totally different direction and turned out to be your life's work. So, I'd say to take a risk and to be brave, and don't be afraid to fail, and don't take yourself out of the game. I think a lot of people are very hard on themselves, and they say, "Oh, I'm not good enough to do this, " or, "I'm not smart enough." Whatever thing they can think about themselves where they think it's a reason not to take a chance. But being an entrepreneur is very much about being part of a team, and you never know which pieces are going to come together to make that great puzzle. Not everybody is going to score a basket, and not everybody's going to be the best re-bounder. You need all different kinds of skill sets and personalities and passions, to come together in a mix that's going to make the whole enterprise work. I would just really encourage people. If you think you're interested, and you're enthusiastic and you're passionate, and you want to work hard, you should definitely take the leap, because it's just so much fun to be an entrepreneur and to be working in a start-up. Lee: That's really great advice, it's not a straight line. Sometimes you have to take the first step to see what the second step's even going to be. Katie: Oh, absolutely. Lee: I think once you understand that, you kind of go, "Yeah!" But it does take... it's a little scary sometimes. Katie: Sometimes you figure it out as you go, right? Lee: Yeah, exactly. We're really interested in understanding personal characteristics of entrepreneurs as well, Katie. We're curious about personal characteristics that you have that you think make you a successful entrepreneur. Katie: Well, one thing is I don't like to be told no. Lee: God, OK. [laughs] Katie: And in fact, when somebody tells me no, it makes me mad and I just think, "Oh, yeah? Well, let's see." Maybe that is not actually very flattering. [laughs] Larry: We want the truth. Lee: We want the truth. I mean I had an employee one time lean over to another new employee and say, "Don't say no." Whatever you do, she is not good with that word. Katie: I mean whenever you see something or somebody will say, "Oh, you can't do that. That can't be done." Well, come on. I mean there are some things fundamentally that cannot be done, but there are actually very few things that are like that. Most things are just really hard and I just love that some are very stubborn about that. If some... If I decide I think something can be done, boy, I just hard headed about it and I'll try and try and try very persistent manner. I think that is actually can be a very good quality when you have to be knocking down barriers. Most are pretty competitive like I said before, I like teamwork and I always played on teams. But I like to... You work hard to try to be the best and being part of a company is really no different. You work as a team and you want to make the best product that is out there. You want to find the best solution to a problem and you really won't take no for an answer, right? You are going to run into all kinds of problems that you can't predict. You have to be optimistic because you have to be able to sort of keep at it and keep at it and maybe it is the second time you try something you saw that maybe is the hundred time. But if you really believe that the solution is there somewhere then you find it. Lee: I changed my phraseology when I worked at Bell Labs. I never said no again when somebody asked me something. I hated it so much so I changed it to I don't know how to do that. Katie: Yet. Lee: Yet. Larry: All right, now, Katie with everything that you do and you're involved with everything else. How do you bring a balance into your personal and professional life? Katie: Oh, boy, I hope I bring a balance. [laughs] That's one of the hardest things that you have to do. I think because I have a family. I have kids and they are absolutely the most important thing in the world to me. But being a working mom or being a working parent means that you are spending a lot of time away from your kids and so finding that balance is hard. And especially I think in a start-up company, the hours are long and sometimes it's very unpredictable. As hard as you try to say, "Oh, I'm going to always make sure to map out X amount of time for home and X amount for work." It never really holds that way. I think thing about balancing is you are always tipping one way or another, right? There's always a correction that's in process. I think I try to be sensitive to that so that you make sure that you're keeping your priorities straight because sometimes, suck has the young people especially when they get started. It's like you are a lot more likely to get complaints at work if you don't show up, then you are going to get them at home if you don't show up. But that doesn't mean that you should always be giving into those. You really do have to work hard to keep that balance. I wish there was an easy answer and I wish I knew it but I seem to just sort of constantly befalling one way or the other and then trying to correct that and get it right. Larry: Just keep it up. Lee: Yeah. Yeah, we want that wireless stuff. Lucy: Yeah and speaking of that wireless stuff, you have achieved so much and your company has been going at this for a few years now. What's next for you? Where do you see Katie going? Katie: Oh, boy. Since I've already admitted that I didn't know, that I can only work back and tell you what my past is, I don't know. Right now, we are right in the middle of getting more WiTricity going. And so, my thoughts about the future for my career are... I mean I'm just all consumed right now with what I'm working on and part of the reason that is so exciting is because the technology can be applied so many places. I mean one of the things we say to people is think about it as replacing disposable batteries or extension cords. And if you think of all the places where those things are used, you can see that the applications are limitless and so we are just having so much fun learning about all the different areas where the technology could apply and building commercial systems. Even though, we've been at it for a couple of years now. The company, it's still really young in its life cycle and there are just so many exciting things happening. Right now, as far as I can see into the future, I will be working on this but we have to check in on a couple of years I guess and see. Lee: Well, so, I have a career path for you. Katie: OK. Lee: I do because I think we should have more computer sciences on Capitol Hill. So, just check back in a few years and we'll manage your campaign for when you run for Congress. Katie: I have to say I still get the urge every now and then when I see something going on. And I'd say, oh, I really wish I could do that but you only have so many hours in the day. There are only so many things you can tackle at once. Lee: Well, you will be really wealthy after this exit and then you can run for office. So, see? Larry: I love the idea. Lucy: So, Katie before we finish, I'm sure our listeners are dying to know when is the projected date for the first commercial application? Katie: Oh, yes. So, we are actually expecting that people will start to see this technology in commercial products by the end of this year beginning in next. Lee: Oh, my gosh. Wow. Lucy: Awesome. Lee: Shock beam. Awesome. Lucy: Well, Katie, thank you so much for talking with us. We really enjoyed this interview. I want to remind the listeners that they can find this at w3w3.com and NCWIT.org. Thanks so much. Please pass this on to other listeners who might be interested. Lee: Thanks Katie. Larry: Bye. Katie: Thank you very much guys. This has been really fun. [music] Series: Entrepreneurial HeroesInterviewee: Katie HallInterview Summary: WiTricity is working on transferring electric power over distance, without wires. This groundbreaking technology, first invented at MIT, could soon power cell phones, game controllers, laptop computers, mobile robots, even electric vehicles, without ever plugging in a cord. Release Date: July 16, 2010Interview Subject: Katie HallInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 23:50

tv ceo women director interview care mit congress series concept cto capitol hill ipods national center information technology release date interviewer interviewees bell labs audio files datetime katie hall witricity larry nelson ncwit katie oh preflabel lee kennedy larry yeah lee well lucy so interview summary lucy sanders larry all
Interview with Julia Hartz

Play Episode Listen Later Jul 12, 2010 17:21


Audio File:  Download MP3Transcript: An Interview with Julia Hartz Co-Founder & President, Eventbrite Date: July 12, 2010 NCWIT Entrepreneurial Heroes [music] Lee Kennedy: Hi this is Lee Kennedy, board member for the National Center for Women and Information Technology or NCWIT. And we're here today as a part of a series of interviews that we're doing with extremely interesting entrepreneurs. These are women who have started IT companies in just a complete variety of sectors, and they all have just very cool stories to tell us. Today with me is Larry Nelson. And Larry is from w3w3.com. Hi, Larry. Larry Nelson: Hi, I really am happy to be on this show. And by the way there are so many parents and so many managers and leaders that listen to this show. So that's why we're tapping into all these great entrepreneurs and leaders. Lee: Great. And we also have Lucy Sanders who is the CEO for NCWIT. Thanks for joining us Lucy. Lucy Sanders: Hi Lee. Very happy to be here. And I wanted to mention that very often our entrepreneurs that we interview for this series are showing up more and more on the top 10. To watch the top 10 there, the most in this region, so the women we're interviewing are just top five entrepreneurs. Larry: You bet. Lee: Cool. Just to get right to it today we're interviewing Julia Hartz. And Julia is the co-founder and President of EventBrite. And EventBrite is the leading provider of online event management and ticketing services. Is just a really cool company, and Julia has brought the creative and energy of the entertainment business. She was at MTV formerly. Lucy: Oh wow.  Lee: Welcome Julia. Thanks for coming here today. We're looking forward to talking with you about entrepreneurship. Julia Hartz: Thank you. I'm really honored to be here. Lee: Wonderful. So can you tell us a little bit about what's going on at EventBrite lately? Julia: Oh goodness, a whole lot. Well, we were originally founded in 2006 by my husband and I and our third co-founder Renaud Visage, our CTO. And since that we bootstrapped the company. We were just three people for two years, very product focused. But I'm happy to report that we are now nearing 60 employees. So it's quite a different company today than it was even back in 2008. On the topic side we're just really focused on making life simpler for the organizers, and delighting our customers through innovations of simple tools they can use to publish event pages, promote their events to a wider audience, and sell out their events. So sell more tickets to their events. And we're also now looking at our relationship with ticket buyers. Now that we've helped event holders host over 200, 000 events, obviously that there is a larger accumulation of attendees that are now coming back to EventBrite to find out about more events that they want to attend. So that's a current feature trend that we're seeing. Lee: Well you know NCWIT runs events, so we could well be one of your future customers. Julia: [laughs] I'll give you the sales pitch. Lee: All right. [laughs] Julia: On a different time maybe. [laughs] Lee: Yeah. I would love to hear more. We find that running events can be very time consuming. So it sounds like EventBrite is on to something. So Julia, the first question is about technology. And first of all, how you became interested in technology? And also really interesting technologies that might you see on the horizon that would interest our listeners. Julia: All right. So my career as you said it before began in television. I was a development executive at MTV, and I worked the first season and the first movie of a little project called Jackass. Sorry, I'm not sure if I can say that on radio. And then I went on to FX Networks, and I worked on shows like Nip/Tuck, The Shield, and Rescue Me. So my career there was really high in creativity, and it was definitely pushing me up a little as they were in cable television, and the projects they worked on. But it was very well in technological innovation. So we found it very hard to break the traditional distribution mold as well as the traditional advertising mold for that matter. So my last year at FX I spent a lot of time on product placement, which was sort of a thankless job, trying to make sure that the label of the beer can was pointed in the right direction at all times in a scene. I started to get the inkling that there was something out there that would make me feel fulfilled, and I was lucky enough to meet Kevin about two years before I left television. I was able to see him start a company from inception. I was sold. Two years later I was ready to leave my traditional career and take the leap. So that's how I first got into technology. I felt like it would be something I would feel, I wanted to be ahead of the curve instead of trying to chasing trends, which I felt like we were doing in television at the time that I was working at MTV and FX. Technologies that I think are cool? Kevin is an avid angel investor and adviser. By virtue of that we were really lucky to be involved in a lot of different companies and see a lot of great trends come out of those companies, and very bright people. I always say that what I feel like is cool right now for me personally is not exactly original. But it is in the way of communication and information dissemination and I'll give you an example of how that applies to me and why I think it's cool. We were recently on a trip and our trip itinerary was shared with our family and anybody else who needed no know where we were through TripIt. We were not in touch with our family during the trip so I posted mobile photos of our two-year-old on Facebook so that my mom would know how she was doing at all times. In our company we share information through Yammer and we also share expenses through Blippy. Then, on the social side oftentimes, I'm checking in through Yelp to let people know where I am in case they're in the same area. We live in the city so it's not so large. So that idea that I can instantly broadcast and disseminate information easily and with no friction is really huge for me today being an entrepreneur and a mom. Larry: Well, entrepreneur and a mom, and you got this "techie" background, why are you an entrepreneur? Also tying in with that, what is it about entrepreneurship that makes you tick? Julia: I'm an entrepreneur because I believe that I can change an industry. I also love helping to build something that people want and that's extremely valuable. I feel day-to-day glee in making a difference, in working on projects that are both very large scale and very small scale. I also feel like being an entrepreneur, for me, I feel like I'm part owner in a movement. So I think if I were to sum it up, being an entrepreneur and being a parent, I feel equally about both. [laughs] So EventBrite is very much our baby and there is just something inherently satisfying about working on something that you feel such ownership and passion about. That's what entrepreneurship means to me. That's what excites me about it. Lucy: That's great. So Julia, who would you say influenced you or was a role model or mentor along the way to get into being an entrepreneur? Julia: The reason why I took the leap and didn't hesitate was because of Kevin. Entrepreneurship comes like second nature to Kevin, and he had founded two companies before that. So I really believed that everything would be OK [laughs] and that somehow, someway we would succeed. So for him there was just no question that he wanted to always be an entrepreneur and it was almost like, "Why not? Why not come work for free with me and see what we can do and how we can change the world?" So really he's the one that influenced me first and foremost. Our families really support us along the way. They're very unconditional about everything we do. As far as role models go, we have mentors in Michael and Xochi Birch who are a married couple who founded a few companies. But most notably and recently Bebo, they founded together. They gave us some great advice in the beginning, which was divide and conquer. As a married couple if you're working together never work on the same thing at the same time. Not only is that sort of a recipe for disaster if you're behind the same spreadsheet in trying to share them out, but also you get from point A to point B two times as faster, even maybe faster, because you have complementary skills. And that very much applies to Kevin and I. We divide and conquer in everything we do. At this point in the game we work on very different aspects of the business, and actually get to catch up at the end of the day. And ask each other how each others day went. And my parents are role models because just everything that they've done they've done with a lot of grace. And finally, two-year-old daughter Emma is a huge role model to both of us. Because I think, for me it's because she never backs down from wanting to know why. She doesn't settle for an answer that she can't completely believe. She can definitely be a role model for us in many different aspects. Lucy: Well, I certainly think parenting has taught me up. That's for sure. She probably got a double dose of entrepreneurship. We'll have to see what she ends up starting. Lee: Or determination. Lucy: Or determination for sure. So Julia along the way you've been encouraged, you started a company, you've worked in entertainment, you've had a great career so far. What's the toughest thing in your professional career you've ever had to do? Julia: The only thing that I dread and the toughest part of this gig is coming to the realization that a team member is not a right fit, and having to let them go. And for us it's been, we haven't had to let go many people, and that's great. But it's really hard when you're building a team, because you feel like this is your family. And for me, I feel like each person on our team is like an athlete. I have to keep them like well-feed and you know hydrated, and well, and out of the tabloids. [laughs] I want to take care of everyone who works at EventBrite. And to have to part ways with somebody is by far the toughest part of this gig. Secondly, I think making decisions that I feel like are going to maybe not sit well with our customers. And our interests have been extremely aligned with our customers since the inception of EventBrite. And we really built EventBrite through having a dialogue with our customers and understanding event organizers' pain-points, and how can we alleviate them through technology. But making decisions like pricing changes it's totally agonizing. And we have a story where we went from a freemium service to offering a free service and paid service, to just a completely paid service. And we fretted over it for months. And when we finally reached the decision and pulled that cord, not only did we not see the turn that we had expected, but we saw our conversion go up. Because people who were coming to the site going to have to make that decision over or whether not to sign for the free or paid service. So these kinds of decisions are really tough for us. And I feel like one thing we could have done better is not fret so much over it, and believe in our product, and our ability to delight our customers. Larry: That's great advice. So one of the things we wonder about and always ask and that is if you were sitting down right now with a person who's considering becoming an entrepreneur or just starting to be an entrepreneur what advice would you give them? Julia: I think that if you're going to do it you have to jump in. I mean I feel like when I visualized the leap that I took from a corporate secure job to running EventBrite and working on this project, I envisioned myself jumping in with my eyes closed, head first and all hands and feet in. I mean I don't think that it's possible to have success without completely committing yourself. So whether that is committing yourself completely mentally, or if it's mentally, logistically and financially you really have to put all your skin in the game to actually have a chance. Most start-ups don't' succeed and I think that it's for obviously a variety of reasons. But first and foremost, if you're going to choose entrepreneurship, you have to commit in every fiber of your body. Lee: The word devotion comes to mind. Lucy: Yeah. Julia: It takes a lot of devotion. You can't have one put in and one put out. It doesn't work very well. Lee: So, on the same note what it takes to be an entrepreneur, there's certain personal characteristic that everyone thinks of that makes us entrepreneur successful. What would you say are your personal characteristics that have given you the advantage as an entrepreneur? Julia: So, me personally, I feel like I have a very strong willingness to pitch in. Now, that we are 60 people and our roles as founder, I feel like at this point I do not get in the way of greatness. We hire very, very smart, capable, talented people and we need to let them have their freedom to really change this industry. But on the flip side, I am always willing to pitch in and help so whether that be any sort of mundane task. It is not mundane to me because it contributes towards the success of the EventBrite, of my baby. So, that willingness to pitch in is key. I also have an ability to be objective. So, because of my first start up, I'm not very dated and everything is very new. I try to just come about it and to have a fresh perspective and being very objective about everything that is happening and not ever feeling like we have to be status quo. We are actually trying to disrupt an industry, the ticketing industry, and so to look at it from a fresh perspective is an advantage in many different aspects of running a start up. And, finally I feel like I'm a 110 percent committed. I mean I feel extreme honors over EventBrite in a way of like I really care about it and I care about everybody who works on changing the world with us. And so, commitment and then accountability really being accountable for the bad things and the good things. I think that makes a big difference. Lucy: Julia, you've mentioned that you travel and you mentioned your family and you mentioned your devotion to EventBrite. So, we're curious. We always ask this question. How do successful entrepreneurs bring balance into both their personal and their professional lives? Julia: Right. So, first of all you have to prioritize and you have to perhaps write it down on a white board. What is most important to you and then write everything up. I mean we talk a lot about [inaudible 15:15] optimization here and I kind of feel the same way about balancing your life. For us, it is an interesting talent because EventBrite is very much our first baby and we have and I who is a part of this process. So, instead of dividing them into two things, we feel like we are in it together. Sort of cliché to say but it is very true. It takes a village and for me personally, I have to find my vortex of happiness so that for me is being a great mom and being a great entrepreneur. I have to be confident enough to ask for and receive help from our village of family and friends. And I have to prioritize. And so, I have to note that if push come to shove, what would I do in each scenario and how do that emergency sort of exit plan. That is also very applicable to working with your spouse. And so, I feel like for us, our family and our friends and our daughter, they are in it with us and so they feel invested and understand what's going on as well. Larry: Well, you have already achieved a great deal. You are doing a lot. You are young. You are building a family. What's next for you? Julia: My goal for EventBrite is to grow the service and to the only place you would ever go to buy a ticket for any event you would ever attend. And then secondly, I want to have more kids. Lucy: There you go. Julia: It gets a little bit harder to scale for some reason I don't know. I look at it and I'm like, I am pretty sure one plus one doesn't equal to so we'll see. [laughs] Larry: Well, I've got five kids and my wife and I are in business together so it works. Lucy: I have three. Julia: I need to sit down and pick your brain. Lee: Well, thank you so much Julia for talking to us. We really appreciate it. I want to remind our listeners where they can find this interview. w3w3.com and NCWIT.org and please do pass this along to other people who would be interested in listening to it. Thanks very much Julia. Julia: Thanks so much for having me.  Larry: Thanks, Julia. [music] Series: Entrepreneurial HeroesInterviewee: Julia HartzInterview Summary: Julia is a reformed Television Network Executive and comes to Eventbrite by way of FX Networks and MTV. "I'm an entrepreneur because I think I can change an industry. I also love helping to build something that people want. Being an entrepreneur, for me, I feel like I'm part owner in a movement and there is just something inherently satisfying about working on something you feel such ownership and passion about." Release Date: July 12, 2010Interview Subject: Julia HartzInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 17:20

ceo women president interview technology entrepreneurship series mtv concept sort shield cto fx yelp national center information technology jackass eventbrite release date interviewer bebo interviewees nip tuck yammer rescue me audio files fx networks tripit datetime julia hartz blippy larry nelson ncwit larry you julia it lee so preflabel lee kennedy lucy oh lee well larry well interview summary lucy sanders
Interview with Margaret Burd

Play Episode Listen Later Jun 1, 2010 21:13


Audio File:  Download MP3Transcript: An Interview with Margaret Burd Founder, President, & CEO, Magpie, Inc. Date: June 1, 2010 Entrepreneurial Heroes Interview with Margaret Burd [intro music] Lucy Sanders: Hi, this is Lucy Sanders. I'm the CEO of the National Center for Woman and Information Technology, or NCWIT. Larry Nelson from w3w3.com is here today. Hi, Larry. Larry Nelson: Hi. Yes, I'm really anxious for this interview. Lucy: Well, this is one of a series of interviews that we do with women who have started IT companies. Many of them are serial entrepreneurs in all different types of IT sectors. We ask them for their advice on being entrepreneurs and the pathways that they've taken to be successful. It's a great series. We've had a lot of interest in it. We have another great entrepreneur with us today, a good friend of ours and, I must say with great pride, a successful Colorado entrepreneur, Margaret Burd. Hi, Margaret. Margaret Burd: Hi. Thanks for having me. Lucy: Oh, our pleasure. Margaret is the founder and president and CEO of Magpie. They are a software company. They provide software services and development in the space of smart energy and telecommunications, which is where I know them from the very best. Lately, they've had even more exciting things going on, if you can imagine that, than smart energy. I mean, that's pretty exciting. But, also, there's a new spin-off trial called Magpie Health Care, which is doing some very cool work in giving hospital providers the kind of phone-based tools they need to locate either specialists or others very easily. And, they don't have to wait on the line. I'm sure I'm not doing it justice, but it's a new venture for Magpie. So, Margaret, tell us a bit about Magpie, either Magpie One or Magpie Two. [laughs] Larry: Yeah. Margaret: Well, Magpie One, Magpie Telecom as we used to call it. But, we've branched so far into other industries that we just say Magpie now. Magpie, we bought it in 2001. Which was a difficult year to start a business, with 9/11 happening two months after we started, and then telecom crashing. But, we survived all that. We have about between 50 and 60 people now doing software for a whole variety of companies. In the last year and a half, we went out and explored the whole smart energy, smart grid space. And, have found that there's a very huge market there, especially now with all the stimulus money that we could tap, with very much the same skills that we have from our telecom experience. That experience is very high-end: Bell Labs, educated people. What we learned about creating reliable, scalable and all viable networks of AT&T we can apply now to the smart grid. When you pick up the phone, you want to get dial tone. When you flip on the switch, you want your lights to come on. So, it's very similar to the ways you have to think about developing these networks. Then, as Lucy said, about two and a half years ago, we got the idea to go into health care. I started wandering around hospitals personally, and we ended up getting an idea for a product there. Lucy did a really good job explaining what that does. We help caregivers find other caregivers in really efficient ways. Because that is a product-based business, we have spun that into its own little company. And, I chair the board for that company. Lucy: So, see? She's not idle. Larry: No, it doesn't sound... Margaret: [laughs] We are pretty busy here. Lucy: Yeah. Larry: Well, that's fantastic. Margaret: But, that's really fun. You want your services business to be really busy. Lucy: Absolutely. Larry: Yeah. Well, so, you've got 60 people now. I think when I interviewed Wendy Bohling you had about 12. Margaret: [laughs] That could be true. We probably had a few more than that when you interviewed her. But, yeah, we started out. There were 10 partners, and eight of those partners are still here in our office in Westminster. We also have a little office in Durango whether the partner has eight or so people at any one time. So, we've been on a growth spurt here with this smart grid energy space. And, really constant growth this year. We've hired seven or eight people in the last couple of months. Larry: Well, Margaret, you're involved with so many different things. Of course, now I see the Bell Labs connection here with you and Lucy. But, how did you first get into technology. And, what technologies today do you think are really cool? Margaret: Well, actually, I probably come to technology in a weird way. Because my first career, I was teaching math and science and coaching lots of different sports in public schools in Missouri. I had done that for about nine years. In '83, I was still making $15,000 a year. I was pretty bored with that whole teaching thing, too. So, I started looking around for what I wanted to do next. And, it just so happened that the University of Kansas let you get into their computer science master's program if you had a math degree. I applied, and they accepted, and ended up with my master's in computer science. Right out of school, I got an offer from Bell Labs and ended up in Denver. And, that's how I got into technology. Larry: Wow. Margaret: It was kind of a whim. I showed a little aptitude when I got to KU. So, it all... It was an amazing turn of events in my life, I can just say that. And, probably just because. It's one of those things that just happens. In terms of cool, my guys, if they were on the phone, they would be talking about a bunch of cool technologies that they love. But, you know, to me it's more about figuring out where to go next in verticals and what technologies we can apply. So, I think less about them being cool, actually. But, every day when I pull out my iPhone, I think that's cool. I'm still thinking the iPhone is cool. So, I'm probably not the best person to talk to about cool. But, the cool part about the iPhone is that all these people all over the world can wake up in the morning. And, in their pajamas, create an application that somebody else somewhere else in the world is going to use via that device. And, then, I could go off to the other. In torrent, we use a lot of open source software. And, we contribute to open source. I think that's another one of those places where we have involved community in the creation of really cool things. So, that I think is really cool. Lucy: Well, it is pretty fascinating. When you think back 30 years what we were doing with computer science. And, now, you think that, in fact, you can create this application and it just goes everywhere in the world. It is amazing, and I think it still deserves some awe. [laughs] Larry: Yeah. Margaret: Well, I am awed almost every day by something there, yeah. Lucy: I think that, that deserves some awe. Margaret: Yeah. Lucy: So, Margaret, I certainly knew you when we were both at Bell Labs. Then you took off and you became an entrepreneur. Why did you do that? Margaret: Well, that was pretty much because Luce had told me... Luce and I had ended up in a department of about 70 people. And, I had another 30 at Nice, France. And, we were really cooking along and having a great time building cool mobile Internet applications. This is in 2000 so that was well before those were cool. And doing some applications for AT&T. But we'd also--we'd spent a lot of time getting our department to really develop software in innovative ways and in different team ways, than had been used in the past. And we could actually show that we were improving our productivity all the time and actually had measures for productivity. We were really cooking along and everybody really liked each other, it was like this love fest in my department. I mean, we really cared about each other. And so, then Lucent told me that I should lay everybody off. And so I did, and fired myself. And we had always joked in my department, that if things got too bad, we would start our own company. And, well, things were pretty bad when you have to lay everybody off. So, ten of us out of that started Magpie. And so, I kind of just wandered into being an entrepreneur, as well. But it's been tremendously great. So things happen. Larry: Wow, that's... Margaret: You probably listen to this and think that everything just happens to me. Lucy: Oh, no. No, no. [laughter] Margaret: But it is kind of... When you get into certain situations, things happen and you can react to them and go forth and do great things, or you can not. So I really think the founders at Magpie chose a path that is pretty cool. Larry: Well, Margaret, along the way, did you have a mentor, did you have other people who served maybe as role models? In fact, who influenced and supported you in your career path? Margaret: Oh man, there's been so many. Well, one even--well, Lucy. When I look at you leaving there and starting this really great foundation and going out and raising the money you needed to do that. And to do something that is totally needed in the world, that's really inspiring to me, and it has been inspiring to me. So, I'll just say that. I learned specific things from a whole bunch of different people. I had this--which Lucy knows well--Sally Werner was my boss for some time at Lucent. And there, she really taught me about how to manage people and how to do that in a way that is just really cool. And so, I learned a ton by working for her. There was another VP there, that I learned how you celebrate success. And how you not only do that, but how you communicate with large groups of people that work for you. So it's a totally important thing, especially when you're an entrepreneur, I might add. I learned about organization development from a consultant, Susan Carabello, who's consulted with me through most of my career, actually; and learned what you have to do to create organizations that really work. And I learned about sales and marketing from another really good friend of mine, Robin Wright. And I still call her and ask her for her advice on paths that we may be taking here at Magpie, and she consults with us. And then, I think... But the most important thing to being an entrepreneur I actually learned from my mom and my grandmother. And they worked really hard and they never gave up. And I think, those are the two things, that to be a great entrepreneur, you have to get. Larry: Wonderful. Lucy: Absolutely. I think it leads to another question around the personal characteristics, you know, that you have as an entrepreneur. Because you have worked hard and you've never given up, and you also have looked at opportunities to really take them where they could go. You know, and that's a very observant thing for people to do, to be that thoughtful about what life puts right in front of you right where you can take it. So what other words would you use to describe yourself as an entrepreneur? Margaret: I'm very optimistic. And, you know, as I've talked to a lot of other entrepreneurs, I think often they are really an optimistic person. So I don't think I'm rare in that regard, at all, and I think you have to be. And that helps you see those things also. And it also can be a real detriment. You know, you have your rosy glasses on all the time and don't know how to actually look at a new idea or look at a new plan, or whatever. So I'm not saying... But you have to kind of think you can do things. You know what I mean? And that's that optimism. I think for me, especially in the services business, but probably true for lots of small businesses, it seems to be a good entrepreneur, you really have to like people. And you have to like helping people and you have to enjoy going out and meeting people. And just walking up and introducing yourself to someone. There's something about just enjoying being around new people and talking to them about what they've got going on, and I really like that. Probably most important in this business too, though, has been you have to... I think I'm good and I'm pretty creative in my problem solving abilities. I don't mind solving problems. A problem is a problem, it's just a thing to be solved today. And I think I'm creative in how I can do that. Not that other people aren't just as creative, but I think it adds a skill for being... When you are an entrepreneur, you're going to be hit with all these issues, all the time. And so, figuring out how to do them in a way that you can afford, in a way that's maybe going to work and, you know, so forth, is pretty important. And then, I think lastly, I really like to start things. That initial forming of the idea and storming through understanding what you're going to do. I really like that part of the whole process. So... Larry: Well, you know, one of the things we have to ask is that, if you were sitting down right now at a table with a person who was going to become an entrepreneur, what advice would you give them? Margaret: Well, first of all, I'd say it's really hard so you really have to want it. It's really risky and most small businesses fail, so you really have to want it. [laughter] And it's going to take a lot of work. But if you really want it, it's so worth doing. And I'd tell them to go find a mentor, someone that they can sit with. And sometimes you have to pay for that and sometimes you can get that for free. So, early on, I always got that for free. But there's also groups out there, CEO groups, that can really be helpful. And I've been a member of Renaissance Executive Forums, one of those groups, for a long time now. And, totally helpful, because you get to bounce your ideas and problems and everything else off a bunch of people that all have those same problems. So, I think you need that. And then, I think really think about how you're going to interface with your partners, if you're going to have partners in your business. And know that that relationship all changes as you go through the different stages of your company and have that legally set up so that you can make changes that make sense in easy ways, that just recognize that people change. Larry: That's a great list. Lucy: It certainly is a great list. And I have to say that Margaret was being modest when she was talking about her personal characteristics. I mean, Margaret is really a great leader of technologists. We rarely talk about that on this interview series. But because your tech companies, obviously... Our founders and CEO's are leading engineers, a lot of them, and that's a special skill set. Margaret: Well, thank you for saying that. I think--well, I love engineers, first of all. But they are an interesting sort that--you know--that you have to figure out how to lead along. So, thank you for saying that. Lucy: Yeah, it's always been an interesting thing. Larry writes books and maybe one day he can write a book about leading engineers. Larry: Oh. Margaret: That would be a great idea. Lucy: I think that would be a great book, wouldn't it? Margaret: Yeah, I think there's several million people that could use one. Lucy: So, you've given us probably one story about a tough part in your career that ended up where you fired yourself and started Magpie. What's another tough thing you've had to do in your career? Margaret: It's been all kinds of places at Magpie, where you get to spots where all your management team, in my case at the time they were partners, and were in these difficult situations where you have to really--maybe an example would be you have to spend a bunch of money. And it's really hard at the time, because you don't have the money to spend. But if you're going to move to the next step, you have to like go get that money, somewhere. And in our case, we were bootstrapping everything. I was taking the profits of their business to go off and do these new things, like the energy practice. That was--you know, people think, "Oh, you go start a new energy practice." But we spent a whole person's time, for over a year, figuring out how to approach that market and what software was required in that market, and actually having conversations with companies in that market. So, you know, it's a big investment for a small company to do things like that. And I think that the hard times had been in convincing your partners, for example, that that's a great thing to do. So, they've been mostly around that. Other hard times, I have trouble even really thinking about them, Lucy. Because they're not... I don't think about them as hard times. I think about--oh, yeah, that was a problem time. Last year, for example: 2009 was... I'm so glad we're through it. Lucy: Yeah, I know. Margaret: Everything was hard. Everything we were bidding on was--there were, you know, five companies bidding against us. And there wasn't very much to bid on and it was really hard. And we ended up having a flat year which was not very--that was great. In fact, I say that last year was the new great. But it's so much different now, this year. So, I mean, that was really a hard year, but it's just another problem in business that you kind of work through. I don't have lots of examples where I think, "Oh, that was something I really figured out how to work through and I should tell people." Lucy: Yeah. Margaret: There all kind of just--it's day to day problems. You know what I mean? Larry: Yeah. Lucy: Yeah, absolutely. Margaret: So I don't have great examples there. Larry: Well, that's--you know, starting a company in 2001, "Hi-Tech", and then, living through 2009, you're doing fantastic. Lucy: 2009 was just an angry year. Larry: Yeah, really. Lucy: I mean, it was just an angry year. It was just one of those years, that it was time to be over. Larry: Yeah. Margaret: Oh, it was just icky the whole time. Lucy: Yeah, I know. Margaret: And '02, that was really a difficult year. But, you know, when you're starting a business, I mean, you have expectations about when you're going to finally get some customers. But, beyond that, you know it's going to be hard. And so, what we learned out of that--and we always learn something out of our hard times, by the way--we learned how to do cash-flow management in great detail. And last year, I think we learned that in times like that, you have to hone your sales processes to really go after the small set of customers that are out there. And we did that. And now, in this year, we are cooking along with really great new processes and with new sales people, that really understand how to do that and with sales, there's lots of really good things that happen out of those hard times, if you make it through them. Lucy: Absolutely. Larry: Wow. You know, with all the things that you're doing, and you're expanding into new silos, and everything that you're doing in your career, how do you bring balance into your personal and your professional lives? Margaret: Balance is an interesting word. Well, I have a wonderful life partner that I love to vacation and see the world with and enjoy theater with, and exercise with, and so forth. So, I make time for those things. And I really like to go to the beach, so I go. And this may sound counter-intuitive, but I do a lot of non-profit work. So I'm on several non-profit boards and I raise a lot of money for those causes. And that is a lot of extra work, but then it also brings balance, because you're out actually giving back to people that really need your help. So that always feels really good, even though it makes me stay up way too late. Lucy: Yeah. Margaret: And then, I really like to ride my bicycle. And so, I make time, at least on the weekends, to do some longer rides. And I put my iTunes in my ears, and I've pretty much got balance then I would say. Larry: Well, just so you don't swim and bike. Lucy: Especially on your bike. Larry: Yeah, right. Lucy: You'd better have balance on your bike. Larry: Yeah, yeah. Margaret: Yeah, yeah. Oh, good point! Lucy: Yeah. If no other time, you need to balance on your bike. Margaret: That's right. Lucy: So Margaret, tell us what's next for you. You've done a lot, you've accomplished a lot, you've got some exciting new applications that you're working on and at least two companies. What's next? Margaret: Well, obviously, or maybe it's not obvious, but I really want to see where I can take those Magpie companies in the next probably two, three, four years. And I think in the health care business, we are on the edge of real greatness in terms of the application we're providing and what it's looking like in the markets. So I really want to stay around, at least as chair of that board, and see where we can take that. And then, in the services business, this energy thing is really important to the whole world, so it feels like I want to stay around and do that for a while, too. And then, after that though, I think--I've got this vision of doing a lot of work for non-profits, but also being able at that time to fund them, in ways that are greater than what I can do now. So I want to do that. And then, there's a whole bunch of South Pacific islands and beaches that I haven't... Lucy: Yeah, no. They sure beat the... Margaret: ...hung around. So I want to do that, too. Lucy: They sure beat the beach in Colorado, don't they? Larry: Yeah, yeah. Margaret: Yeah, yeah. Colorado's a great place. But without the beach, I have to... Lucy: There's no... Margaret: ...vacation other places. Lucy: There's no beach. Margaret: Yeah. Lucy: Yeah. Larry: Yeah, just don't ride your bike while you're swimming. OK? Margaret: [laughs] Well, you know, on all those islands a bike is pretty good transportation. Really. Larry: Yeah. Margaret: Yeah. But that's what I've got in mind, pretty much to follow on with some more and greater non-profit work. Lucy: Well, you know, that's very--you are very philanthropic and a very giving person and just a wonderful member of our community here in Colorado. So, we really want to thank you for talking to us. We've enjoyed chatting with you. And I want to remind listeners where they can find this podcast: you can find it at w3w3.com, Internet radio. Larry: You betcha! Lucy: And also, ncwit.org. Thank you, Margaret! Margaret: Oh, I appreciate the time and really enjoyed chatting with you guys. Larry: Alright. Lucy: Thank you. Larry: Same here, we'll see you soon! Lucy: See you soon! Margaret: See you! Series: Entrepreneurial HeroesInterviewee: Margaret BurdInterview Summary: Margaret Burd was working at Lucent in 2000 when the tech bubble burst, and she was forced to lay off herself and her entire department. Since she and her team members were "really cookin' along" at the time, doing high-quality, innovative work, she decided she'd just start a company and hire them back. Release Date: June 1, 2010Interview Subject: Margaret BurdInterviewer(s): Lucy Sanders, Larry NelsonDuration: 21:12

ceo university president interview internet france woman colorado iphone missouri series kansas concept westminster national center information technology ku south pacific release date interviewer durango magpie robin wright hitech interviewees bell labs audio files lucent burd datetime larry nelson renaissance executive forums ncwit larry you larry no preflabel lucy oh larry yeah lucy it larry well lucy you lucy so interview summary lucy sanders lucy they
Interview with Pooja Nath

Play Episode Listen Later May 17, 2010 17:15


Audio File:  Download MP3Transcript: An Interview with Pooja Nath CEO, Piazzza Date: May 17, 2010 [music] Lucy Sanders: Hi. This is Lucy Sanders, the CEO of the National Center for Women & Information Technology or NCWIT. We've got another great interview today with women who have started IT companies, and this is a really interesting one. This is a woman who studied computer science, worked in tech companies, is getting her MBA in Stanford, and also by the way, on the side is starting a company. It's called Piazzza and her name is Pooja Nath. We're very excited to have her here. I should mention she's getting her MBA at Stanford, so not unlike other entrepreneurs who have come before, who we know about. Piazzza is all about group learning. It is really interesting to go look at the site. Having a college student myself, I know that often he is studying by himself or he doesn't have the answers to questions, and I must also say he also procrastinates and could really use something like Piazzza, which helps you get answers to questions from your fellow students and from your professor all through a form of social networking. So, welcome, Pooja. We're very glad that you're here. Pooja Nath: Thank you. I'm very excited to be here with you. That was a very kind introduction. It makes me really happy when I hear other people explain the problem I am trying to solve, because when I hear them explain it so well in their own terms, I know I am solving a simple problem that is very prevalent. I try and explain to people what I am doing. It's like, "Well, students have problems when they're studying for assignments or exams, and they have specific questions that have a lot of context." Search engines can't help much, because there is knowledge out there that is too general. Discussion forums usually can't help, because there is so much lost and so much back-and-forth in trying to explain the context. The way I see it is your classmates or your teachers are best bet to get fast and efficient help, and yet today, so many students when they're struggling are trying to call their few friends they know, or trying to email their few friends they know. There is nothing connecting them to try and get them help when they need it with the largest set of most relevant people, that's their entire class. Lucy: I think that is absolutely right. Larry Nelson: Yeah. Lucy: You have to go to YouTube listeners, and look at the YouTube video on Piazzza. It's very cute, because it calls many of these students, who just like my son, "elite procrastinators." [laughter] Lucy: I know. It was just absolutely perfect. Maybe just before we get into our set of questions around entrepreneurship, tell us a little bit about where Piazzza is these days, and how you came up with the name, and what's going on with the company. Pooja: Sure. I was sitting in a finance class at GSB when I was brainstorming on the names, and I asked a student next to me, "What's a term that explains this idea of bringing people together in a common place?" He said, "Piazza." Lucy: [laughs] Oh, that's very good. Pooja: Plural of piazza was a great idea, except I don't like the sound of piazze. [laughs] Lucy: Yeah. Exactly. Pooja: And since then, coming up with that name 'pizza' just really stuck with me. When I go back to my undergrad days when everybody would be sitting together in the same lab, mostly because they were not in a financial position to own their own laptops or computers, the amount of help people got in there, and the ways in which they learned off of each other was just so beautiful. That was my fruition was to come up with a term that had the same meaning in my mind, which is everyone is in the same spot physically, except I'm trying to now do that online. My inspiration was I was one of the very few female students in computer science in India, not only just computer science students, but IIT, which is the top engineering school of India has very few women overall, so there are about 420 boys. In my class there were about 20 girls, and in computer science there were three girls. So, I would be all alone on the sidelines, too shy to ask any guy for help, and I just wished I had something that would connect me through all my classmates in a way that even myself being the shy student or girl that I was back then, I would still have a way to tap-in to their collective knowledge. Lucy: Well, I think that is wonderful, and the product looks great. Are you launched yet, or are you still in a private sort of beta, or what is the state of the software? Pooja: We're private beta right now, but this fall, we're planning to launch openly to Stanford Campus. Because of our team being quite small at the moment, we're taking a very controlled birth approach. The biggest reason for that is I want to make sure I have a very personal connection with all of my users. I'm afraid that if we were to launch too aggressively or too openly, I would lose that somehow down the line. Last summer was when I built the first prototype myself, and then launched to a single class at University of Maryland, College Park, where I did my Master's Degree. I was a professor in computer science. When that started to go quite positively, we launched to more classes at Stanford, and University of Maryland, and Santa Clara, this January, and that went even better. So, the spring quarter, we had a number of classes at Stanford, both undergrad and grad level; MBA, Computer Science, Engineering. The usage on this site continues to grow rapidly, and a lot of that is through feedback, and talking with students and faculty at Stanford, understanding their needs and then watching how you actually use the platform we've given to them, and iterating quite rapidly. Lucy: It's exciting. Larry: Yeah. It really is exciting. Wow! I wish I had known about Piazzza a number of years ago, but anyhow... Pooja: [laughs] Larry: You have a background in computer science. So, let me kind of ask a two-part question here. How did you first get involved into technology, and kind of bridge that from the past to what do you think in the future is cool technology today? Pooja: How did I get into technology? Well, my dad is a physicist, and so he generally from a very young age, always would be having us observe things from a very scientific perspective, and have us appreciate technology out there in the world, how it is affecting us in our daily life. My brother is an electrical engineer. So, I guess being surrounded by them, I had this excitement around technology, and studying engineering myself. I come from a pretty small town in India, where no girl had gotten into IIT before me. Somehow just being surrounded by my family in the way that I was, was very motivational for me to start thinking about engineering and particularly, computer science. Coming to your next question, what technologies, and how do I see that today. I love that technology lets us do things in more simple and simple ways. Just to give an example, I remember last summer when I had an idea, and I wanted to act on it. I had a very hardcore of engineering background, in the sense I only used to code CC++ server technology, and stuff like that, and Oracle, and Cosmix, Facebook. It is all back, and stuff. In the summer I said, "OK. I want to build a web app, what can I do?" And I learned more about various technologies out there to build web apps. I realized instantly that Ruby and PHP, and all these other platforms that are out there, they enable us to build a web app in 10 days. I got my first prototype in mid-July, when I only started learning it in June. I'm very impressed at how everything is moving towards making our own life easier, so that we can innovate faster. Lucy: And do your homework faster! Pooja: [laughs] Lucy: That is absolutely the case. So, you are getting your MBA at Stanford. You mentioned you got your Master's at Maryland, and you're also starting a company and really growing organically, and so on and so forth. What made you make that leap from that big company kind of environment into being an entrepreneur?  Pooja: So, I never really consciously realized I was making a leap into being an entrepreneur. [laughter] Lucy: That's probably why you're a great entrepreneur. Pooja: I still way say, though, that I had joined a pretty small startup after Oracle, which was a search engine, building a search engine at the time called Cosmix, and then Facebook, which was very startupish. I still think it is. But again, coming to my motivation to build Piazzza, I never thought, "Oh, I'm about to be a CEO" or "I'm about to be a founder." I realized there is a very prevalent problem, and after having been through a couple discussions around genders and workplaces, and women support groups, I realized that many students, even in the US, are in the shoes that I am, which is they don't feel like they have the support group they needed. All I thought of last January, the second quarter of Stanford Business School, is there has to be something that connects these students in a better and more effective way to all of their classmates and teachers. Step-by-step, and I don't know, I like to think of it as a baby step at a time, I started working toward a solution that I wished I had in my own undergrad that could have increased my learning in computer science for the four years that I was there at a wonderful engineering institute in India. Larry: Well, with everything that you've been through and are continuing to do, were there people along the way that maybe had a major influence on you and, let's say, maybe even was a mentor for you? Pooja: I think in different phases of my life I've had different people influence me in different ways and different mentors. Definitely my parents, my brother and his family have been very supportive in whatever decisions I've made. Choosing to do CS as a woman, for example. Or, jumping from the security of a large company to a startup. And, even deciding to say, guys, I'm doing my own start-up over the summer. I'm not going to have a paid internship between my first and second year. I'm going to work on this whatever hours of the day that I think I'm most effective at. [laughter] Pooja: But, their support. And, a lot of my classmates at the GSB, they understood entrepreneurship. They understood what it meant to try something. I got of support from them in very implicit ways. Then, coming to, I would say, models of leadership, there have been a few people I've really been inspired by. I was fortunate to work very closely and observe how Mark Zuckerberg runs and leads Facebook. He was an immense source of inspiration for me, watching his innate styles and how the company would function in its own powerful and effective way. Today, I've got a few mentors who have helped me these past two years as Piazzza has evolved. Mostly some of the top leaders at Palantir. They've been there. I've had questions. I don't know what to do. Some of them have been through leading a company, growing a company, and they're there to answer my questions. They pose questions in the right way that have me think in the right way. It's not they want to tell me or they have to handhold me. But, they have me thinking in the right way, which has been very helpful for me. Lucy: That's great to have that kind of advice from people around you. It really does make a big difference in terms of doing things right. And, often, as entrepreneurs tough things happen, too. You see along the way something's been particularly difficult. So far on your journey, what has been the toughest thing you've had to do so far? Pooja: When I look back at everything that's got me to where I am today, I would say the toughest thing was being confident in who I was while I was preparing as a female for the IIT entrance exam. 200,000 people get that exam each year in India. I think the number's even increased. And, 2,000 people get selected. And, of that, I'm sitting knowing that maybe 50 to 100 women get selected. But, that mindset that I had which is I'm not going to look around me and how other women see this. I'm going to say there are 2,000 people who are selected, and I have to be one of them. Getting into IIT, the four years struggling and often feeling alone trying to understand assignments and projects, were very, very tough. But, they shaped me to a point where today when I'm on this journey where many people say being an entrepreneur is lonely and scary, I honestly don't think it is that bad. Being in Silicon Valley, I think I have a lot of support. Lucy: That's an interesting observation. I'd like to add something from NCWIT's perspective about this. We hear this a lot from our high school girls who are interested in computer science. They're the only girl in the class. They're the only girl in the school. This feeling of being alone. We've started something around a K-12 award for high school girls. We're going to put a social networking site together for them just to keep them connected. They're from all over the country. Just to give them that sense that they are not alone. I think your point is brilliant which is once you've learned that you can survive alone, that's a good skill. [laughter] Lucy: I think that's great. Larry: That's a fact. Well, that's kind of a lead-in to this next question. Right now, if you were sitting down right across the table with another person, a young person, who is maybe going to have an entrepreneurial leaning, what advice would you give to them? Pooja: I think the biggest advice, I think I remember Derrick Bolton, the Director of Admissions at the MBA program at Stanford, said this once that really inspired me, is believe in yourself because we believe in you and that is beautiful. Today I am able to do my own startup because I believe in myself and I'm content that I can achieve, and I would tell them the same thing. I'd tell them believe in yourself and if there is something that you are truly passionate about, go out there and start it. Don't plan for the day when you will, just jump in and it's going to be hard, it's going to be scary and it will be fun and amazing and fulfilling in a way if I just think, I don't know personally, I feel nothing else could have given this sense of fulfillment. Lucy: Well and we have talked to you just for a short period of time here but I think our listeners were all ready now that there are certain words that describe you, as entrepreneur. One is passionate, a lovely description about why people would want to be entrepreneurial and, also, confident and certainly persistent in trying to achieve your goals. What other personal characteristics that you have that would make you a successful entrepreneur? Pooja: In my view, I would say I am optimistic. I don't know if everyone views that as a characteristic that's good for an entrepreneur. But I'm very optimistic and I don't easily get discouraged. I think I have already mentioned this but from my town, when no girl had gotten in, I don't use that dampen my spirits to apply or even the quality with which I put an effort to apply to get the IIT exams. Here in Silicon Valley, the same thing. I know there aren't that many female entrepreneurs. I wish there were. But that doesn't discourage me. I know that I will get a lot of support and when people see a brilliant product, they will support in many ways that I will need to move forward. Larry: Well, you are doing all kinds of things, building a company, gaining an MBA. Lucy: Going to Stanford. Oh my goodness, frightening right there. Larry: Yeah, how do you bring balance into your personal and your professional lives? Pooja: I don't know that I see when doing on my business and school and with my friends as clear lines between any of them, and I think a reason could be that I love all of them. There are times that I realize that I need or I want to spend more time just on my personal friend and it could be a trip somewhere with my friends. I will do that. And sometimes I realize that it is very crucial for Piazzza that a release is coming up and that I will forget about all social activities out of which people must be thinking, "Wow. Really?" But I do give up a lot of social activities and just immerse myself into building the right products for the students and professors I like. I know I hear other people have to find a balance on a daily level that's not something I do and perhaps it's because I love everything that I do so much that I try to figure out what's the right balance I should balance over a certain time period and make sure that I am balancing them all to a level so I'm not giving too much time to any one part of my life. Lucy: Well, so you are doing a lot and I know we ask our entrepreneurs their next steps. So we already know the next step for you is to get that MBA. We know you are going to launch Piazzza, hopefully this fall, or whenever it's time. What other things are coming down the road for you that you can share with our listeners? Pooja: I still see myself as a long way to go and achieving my mission that I have for Piazzza. I want to see this in every class, worldwide, and at the first step before that, nationwide. I really think students and professors will get so much value out of this platform that I am just on step zero. It's gone to some classes as a private beta at Standford. It's going to go to more classes at Stanford but, really, I hope to achieve seeing this help every single student so that no student four years out of graduation will have to say something like, "I wished I had something like that." Lucy: Well, I think it's a great vision. Larry: Yes, I do too. Lucy: And we wish you the very best of luck with that and thank you very much for talking to us. Pooja: Thank you. Lucy: And I would like to remind listeners, if they can find this podcast on w3w3.com and also NCWIT.org. Larry: You betcha. And we'll have a link to Piazzza, too. Lucy: Oh, Good. Larry: Why not. Lucy: Why not, let's do it. [laughter] Pooja: Perfect. Lucy: Alright. Thank you so much. [music] Series: Entrepreneurial HeroesInterviewee: Pooja Nath SankarInterview Summary: Having been one herself, Pooja Nath understands the problems of students studying for assignments or exams. They have specific questions with a lot of context that search engines can't address because the returns are too many and too general. So Pooja built a prototype for Piazzza, an online forum in which students can share knowledge. Release Date: May 17, 2010Interview Subject: Pooja NathInterviewer(s): Lucy Sanders, Larry NelsonDuration: 17:14

ceo women director university interview master search mba maryland silicon valley series engineering stanford degree concept mark zuckerberg oracle computer science cs cc national center information technology admissions santa clara php release date interviewer piazza college park nath palantir pooja iit interviewees audio files stanford business school standford gsb datetime larry nelson ncwit larry you preflabel larry yeah lucy oh lucy it larry well lucy you interview summary lucy sanders
Interview with ML Mackey

Play Episode Listen Later May 10, 2010 20:06


Audio File:  Download MP3Transcript: An Interview with ML Mackey CEO and Co-founder, Beacon Interactive Systems Date: May 10, 2010 Entrepreneurial Heroes Interview with ML Mackey [music] Lucy Sanders: Hi, this is Lucy Sanders. I'm the CEO of the National Center for Women and Information Technology, or NCWIT. With me is Larry Nelson from w3w3.com. Hi, Larry. Larry Nelson: Hi, I'm happy to be here. Lucy: Absolutely. We have this great interview series with women who have started IT companies, many of them multiple companies, across all different sectors. Today, I'm really excited because our interview is going to be with a woman who has worked in both the private and the public sector. I don't really think we've talked to anybody who has worked with the government in the same way that our guest has worked with. So, today, we're talking to ML Mackey who is the CEO and Co-founder of Beacon Interactive Systems. I was really interested in Beacon because it does the workflow kind of things. If you look at their history with private industry, things around customer service and email management and great companies that they've worked with like IBM and MetLife and others. ML, then, that company into working in the government sector working on the performance of its workforce. So, the DOD. And, I'm thinking, oh, that's something taxpayers should really dig, you know? [laughs] Larry: [laughs] Lucy: Performance management of the federal sector. So, welcome ML. We're glad you could join us. ML Mackey: Thanks. Thanks for having me. Lucy: So, first of all, why don't you just give us a little bit of an update on what Beacon's up to. ML: Well, we're a 16-year-old company. We provide software to our customers that helps them get their work done easier and easier, regardless of what that work is. Like you said, we did private sector. And, now, we're doing the public sector. It's a fascinating place to be right now in the federal sector, and specifically in the DOD, where we work. It is kind of a bold statement, but we say to some of our friends we're trying to help the federal government perform more efficiently. [laughs] Lucy: [laughs] Well, I shouldn't laugh, I mean... ML: How's that for a book? Larry: Please. Lucy: [laughs] I was going to say, please! Larry: It has to work. Lucy: Yeah, please do. [laughs] Please do. ML: Let's hope we're successful. And, a very small piece of that, I must say. But, it's kind of fun. Right now we are mainly selling to the Department of Defense. We sell primarily to the U.S. Navy. We have two products that we sell to them. One is in the equipment maintenance space, and it's called TURBOWORK. It's all about helping the maintainers perform equipment maintenance more efficiently and effectively. The second product we have stemmed out of that work. It's a collaborative program management software called T3, the Technology Transition Tool. It's used by the Navy to better manage their portfolio of R&D investments. Lucy: Well, you're absolutely right. There's so much going on in the public sector these days, especially with technology. I was just reading about it. There's an 80-billion-dollar-a-year budget... Larry: [laughs] Lucy: ...in the federal government for technology spent, which is just an amazing amount of money. So, I'm glad you're working to make sure it's spent more efficiently. Larry: We want you to succeed. ML: [laughs] Lucy: Yeah, absolutely. So, ML, why don't you tell our listeners a bit about how you first got into technology and where you see some of the hot technologies today. ML: You know, I thought about this question a little bit beforehand. And, I thought what would I tell them? I wanted to say something very philosophical and profound and deep. And, I'll tell you what, I got into technology because I really wanted to make money. [laughs] Lucy: That's a good reason. Larry: Yeah. Yeah. ML: I was pretty sure that teaching ballet, which I loved doing, wasn't going to be the lifestyle that I wanted to live. So, I said I think I'd like to be able to be independent. So, I applied for a scholarship in electrical engineering because they gave the most electrical engineering scholarships out. I'm already convinced I knew what electrical engineering was when I applied for it. Turned out I got the scholarship. It also turned out quite luckily for me that I really enjoyed what I was learning about. Engineering is a fascinating profession. Understanding what makes things work and how to understand science and figure out how to apply it to real-world needs is a fun and exciting place to be. So, I stumbled upon the place that I needed to be and was happy to be there. Larry: That's great. ML: I got into technology. Larry: I like that. I like that. ML: I like to think it was more purposeful. It was just someone watching out for me, you know? So, that worked out really well. Did a lot of hardware design, some software design. Got into running a business, very much an engineering kind of approach to how we run a business and how we started it. The technologies that I think are cool right now. I think software is a fascinating area to be in. And, I think the convergence of information from both physical resources as well as people is fascinating. I think there's a lot of work to being done with sensors that we've only tapped the beginning usefulness and productivity from that I just think is fascinating. And, I think understanding that in terms of how it integrates with the real world and how people work and interface with that information is really what drives our company. Larry: Well, that's fantastic. ML, having the public sector background, I have to ask what is it about being an entrepreneur that drew you there? And, what makes you tick? ML: I think the reason that I'm an entrepreneur, and I would say the same thing for my partner. The reason we started a business is we said we like to do things. We like to make things happen. We like to create things. We like to be around creative and smart people. And, we like to make an impact with what we're doing. I think we also wanted to make money, too. [laughter] ML: So, it seemed like starting a company was a great combination for all of these things. I think what makes me tick now about being an entrepreneur is the adrenalin, is the challenge, is the opportunity, is the creativity. It's the great people I get to work with at my company. It's the interesting customers that we get to work with. It's never dull. It's always something interesting and new. And, the ability to help guide that and stay true to finding interesting things and doing meaningful work is a real driver. Lucy: Along the way on your entrepreneurial journey, oftentimes we find people have been influenced by others. Sometimes we call them mentors. Or, sometimes we call them role models. Or, sometimes they're co-founders or what have you. What can you tell our listeners about the particular people that influenced you? ML: Well, I can tell you I'm blessed and totally lucky to have found a brilliant mentor for me in the last, I'd say, eight or nine years who worked with me. A tremendously smart, intelligent woman who was interested in sharing what she knew and helping me grow into being a better businesswoman. That was a real benefit, and I hope that every young woman can find someone like I found in Ruth. So, that was a benefit. I found her just by working together and us clicking and finding our way to each other. It's turned into a very nice personal relationship as well. I have to say that I'm not sure that I had women role models until that point. There was occasionally someone that I saw here, occasionally someone that I saw there. I think what helped me specifically was that there wasn't a preconceived set of notions or ideas about how business works or what it takes to be a business person. I know my partner, he practiced his signature from the time he was five years old because he knew he was going to be a businessman like his dad. So, I think he had a role model that he would aspire to. I think I just naturally gravitated to this profession. But, anything that we the community can do to put role models out for our kids is a great thing. It's interesting to be able to see the kinds of experiences that you could have. The kinds of choices that you can make in defining what your career will be. Lucy: I have two sons, and they've been practicing their signatures like their father. And, you can't read any of them anyway. Larry: [laughs] Very good. Lucy: Yeah, they look like little squiggly lines to me. ML: My daughter said to me, "Mommy, I think Daddy" -- my husband is my business partner -- "I think Daddy only has one letter when he does his signature. The rest is just a line." Lucy: [laughs] ML: I said oh, he practiced that, honey. [laughter] Lucy: I know, it's true. And, just as an offhand remark, it seems like I've often wanted to do some research on this issue of signatures, but that's for another day. Larry: Yeah, really. ML: There's a whole science to that actually. Lucy: Yeah, to be sure. Larry: I have four daughters, and half of them are... Lucy: Do they practice their signatures? Larry: I don't know if they did. I think so because two of them it's very readable and looks really gorgeous. The other ones are messy like mine. So, oh well. Lucy: Oh, well. Larry: Now, with all the things you've been through, ML, and the successes and everything else, what is the toughest thing that you've ever had to do in your career? ML: Some people might look at my career and say the toughest thing I had to do was quit my very interesting, well-payed job in order to start the company. Or, you may look at signing leases or some of the difficult things of stepping into a new space and finding a new market. But, I have to tell you, by far the most... All those things were fun, by the way, and interesting and exciting. The thing that stands out among all of our experiences as the most challenging was surviving the economic downturn in the software industry in the 2000 to 2001 time frame. That was just a terrible, traumatic and very difficult time to get through that, I have to say, I'm very pleased we are on the other side of. And, I'm going to find some wood quickly to knock on. That was difficult for a variety of reasons. I think primarily the reason that was so difficult for an entrepreneur like myself is that there was so much that was out of my control. It was so drastically bad, and there was such a long period where we weren't able to feel successful. In hindsight, there were many things that we were doing that were wildly successful and allowed us to maintain, and then to grow, the value of our company again and grow the IP and grow the team back up. But, that was a really difficult time. Having said that, I think every business is going to go through something difficult. So, now I know we've been through it and know some of the steps and some of the things I'd do again if we were in a difficult spot and some of the things that I wouldn't do again. [laughs] Net-net it's all positive. But, that was by far the most challenging experience we had. Lucy: In fact, those tough times, they give you sort of a second kind of intuition, and in terms of looking to the future, too. You might spot things sooner. That was a tough time... Larry: Yeah, it was. Lucy: ...early 2000. That was tough. Larry: We felt the pain, too. ML: We bootstrapped our company. We started in a little rent-controlled apartment on Beacon Street in Coolidge Corner Brookline here in Massachusetts. So, we never lived large when we started. We knew how to bootstrap and we knew how to be lean. And, it still was just a really difficult time. But, you get through something like that, and you appreciate what you have moving forward. Every customer is good news. Every contract is good news. And, they're especially sweet now for us. Lucy: Exactly. And, I think that's great advice for any entrepreneur to hear. ML, I know you mentioned you do work in STEM education. You're very interested in issues related to science, technology, engineering and math. So, as it relates to entrepreneurship, if you were sitting here with a young person and giving them advice about being an entrepreneur, what would you tell them? ML: There are two things that I would say are the most important things to tell someone who's thinking about starting their own business. The first is be true to yourself. Be true to what you like to do. [laughs] I can remember, I was graduating from school and I thought oh, I'm an electrical engineer. This is great. I'm going to do electrical engineering. I don't have to figure something out. Then I got closer to graduating and I went, oh my God! What does an electrical engineer do? [laughter] ML: [laughs] And, I talked to a friend of mine who was wildly successful, founded a few companies down in California and just really doing fantastic. I said hey, Andy, how do you get a job? Both my parents were public school teachers. He said, well, you find what you like to do and then you do that. And I was like, come on. Seriously, how do you get a job? [laughs] That's not really going to help me. In hindsight, it was one of the best pieces of advice that I've gotten in my career. And, one that I would highly recommend for anyone thinking of doing something in entrepreneurship. Or, even just as they're plotting their own individual career path. And, that is find what you like to do and what drives you. For example, I like technology. I really like knowing how things work and making new things. I also like people. I'm the kind of person that likes to go to a party full of new people and understand who's there, get to know them, see how they know each other. I like going into customers and understanding how they get their work done. So, we build collaborative software. It's technology about how people work together. My partner likes technology and he also likes business and clarity in business and really making the right value happen from your business. So, our collaborative software systems are not social networking systems. They're collaborative software systems that help you get your work done. So that, one, you can get it done more efficiently, and two, you know what's going on in your organization. So, we stayed true to what our core values are and what our expertise is while we shifted markets from private sector to the public sector. Which was precipitated by the 2002, 2001 downturn in the industry, as I talked about. We stayed true to what our core expertise was. And, we found a way to understand where the federal money would go to small businesses and how to do research and how to get connected into our Department of Defense customers. There were quite a few solicitations of them, but we stayed true to what our expertise was and what we'd be able to accomplish. And, it's become very successful in the process. Lucy: I think that's great. ML: Stay true to what you do. Lucy: Exactly. And that's great advice. It kind of leads me to a follow-up question around just some words you might use to describe yourself. What characteristics do you believe make you a successful entrepreneur? ML: So I'm going to give you the main word and then I'm going to track back to one other thing. Because I've done a disservice to anyone listening. The second and possibly most important that you have to learn as an entrepreneur that I would tell a young person is learn to sell. Learn how to sell. Learn how to sell. Learn how to sell. Don't say, I have a good quality, I have a good product, I can run a company. All of that doesn't matter if you can't sell your product to a customer. So I wanted to close off that last piece and make sure there are two things. One, stay true to yourself. And two, learn how to sell. And the word that I would give you to this question that you just asked me about what are the characteristics of a successful entrepreneur or what has been successful for me is tenacity. You've got to be persistent. You got to choose your path. You got to say this is what I want to accomplish and I'm going to just stay to it. I'm going to approach it from different vectors if I can't accomplish the direction I'm going in. But you've got to be tenacious. Larry: Well you've got a couple of children. You're growing a business. You're doing all kinds of really neat things. How do you ML, bring balance to your personal and professional lives? ML: You know that's an interesting question. So I'll sort of answer it in two different ways. One, I was given an award by an organization up here and I was speaking to all of the entrepreneurial characteristics, and I said to the group, and I said of all these characteristics I've told you about being entrepreneurial, by far the most entrepreneurial venture that my partner, and I have done is parent our two small children. So family life pulls us...I want to use the word balance, but I don't know that balance is the word that really fits. So the second part of my answer to your question it's more about work-life integration. And balance implies cordoning off. And one place I do work and one place I do home and one place I do, oh, God forbid, a hobby. Someday maybe I'll get to that. Larry: [laughs] ML: Part of that, it's more about how you integrate all the facets of who you are so they flow and overlap well with each other. So, my children know the office space but they don't spend too much time here. My kids' friends know that we have a company and understand that sometimes when we've made a sale, oh, good, we just sold to the navy. We just sold software to every ship in the navy. And my kids driving home from school, and their friends went, oh, that's so cool. So that's about an integration without a line that's tough and hard between the two spaces. But it's a continuous balancing act, I should use the word of that integration. Lucy: Well we hear that from a number of successful entrepreneurs. That in fact integration is a better word than balance. I personally believe it is as well. Having raised two kids and being a corporate executive is exactly the same thing. There's no hard line in the sand. I think that's important. ML: You know what I think is fascinating around companies as well is they are starting to understand that in terms of flex time and hours, and commitments, and how you deliver upon your professional commitments as well. Which I just think is a fascinating new area and we'll see some changes in the next five to 10 years. Lucy: I think so too, and we're seeing some data with our work here at NCWIT, around these issues being really important to men and women. That they have the ability to have this kind of work and personal life integration if you will. An certainly in the technology space, one would like to hope that it would be possible. For sure. Maybe using some ML software. Larry: What an idea. What an idea. Lucy: [laughs] What an idea. So ML, you've really achieve a lot. What's next for you? What can you tell our listeners? What do you see coming down the road? ML: More of the same. The spinning out other companies. Going in different directions. It's just fun seeing the products you've created. They sort of take on a life of their own. So then its how do you leverage them that momentum and how do you grow that into something interesting. Growing our team is on our future. That's really quite interesting as well too. It's great to come to work everyday and have a group that's interested in what they're doing and engaged and energetic about what they're accomplishing. So I think just more of the same. Lucy: I have sort of an off the cuff question just to end in. ML: Oh, God. Lucy: Of course. Just to kind of end the interview with. Like if you were giving advice since you are one of our very few interviews about working with the public sector to other entrepreneurs that might want to become involved with the public sector, what would that be? ML: The best advice I could give anyone looking to get involved in the public sector that has not been in the public sector is to have a healthy respect for how different the business is. We completely revamped how we operate our business, how we mange our business, how you engage your customers. I would suggest that...what was the number you gave at the beginning of the interview on federal technologies? Lucy: Eighty billion. Eighty billion dollars a year in IT spent. ML: Yeah, and people look at that number and go oh wow, all I have to do is get a piece of that. There are stunning roadblocks to knowing how to work with the federal government. And just as simple as, which is not simple at all, of how do you get under contract? So, you have a solution, you have a perspective buyer, you have funds available. How do they even get that to you? So there are a lot of roadblocks there, none obvious. Having said that, there's a tremendous opportunity to be innovative and to leverage commercial sector expertise in innovative ways for what has been a very traditional business area. I'm speaking specifically in the software now. There's a lot of opportunity there to really drive value and do something important there. So I would say to anyone, the advice I would give is absolutely look into it. It's a tremendous capability. There's a lot of R&D as well as straight product sales that are possible with the federal government. But just have a real healthy respect for that it is not what you've known in the private sector. And to pay attention to characteristics and different business models. Lucy: That's great advice. Larry: It is. Lucy: I think our listeners will appreciate that. I know we've seen it from the non profit side, working with the government is very different than our work with corporations for example. Very, very different. ML: Find some of just non intuitive. Lucy: Yep. Totally. Really, thank you for your time. We really do appreciate it. And I wanted to remind listeners where they can find this interview. At w3w3.com. And also ncwit.org. Larry: Perfect. Lucy: Alright. Thank you, ML. Larry: ML, thank you so much. ML: Thank you. [music] Series: Entrepreneurial HeroesInterviewee: ML MackeyInterview Summary: Explaining why she became an entrepreneur, ML Mackey says, "My partner and I like to do things, we like to make things happen, we like create things and be around smart creative people and we want to make an impact with what we are doing. It seemed like starting a company was a great combination for all these things." Release Date: May 10, 2010Interview Subject: ML MackeyInterviewer(s): Lucy Sanders, Larry NelsonDuration: 20:05

god ceo women california interview defense massachusetts series navy engineering daddy stem ibm concept ip explaining ml national center information technology someday beacon dod release date eighty interviewer mackey t3 metlife interviewees audio files datetime beacon street larry nelson ncwit larry it preflabel larry yeah lucy oh larry well lucy so interview summary lucy sanders
Interview with Candace Fleming

Play Episode Listen Later Apr 19, 2010 16:29


Audio File:  Download MP3Transcript: An Interview with Candace Fleming CEO and Co-founder, Crimson Hexagon Date: April 19, 2010 Entrepreneurial Heroes Interview with Candace Fleming [music] Lee: Hi, this is Lee Kennedy. I am a board member for the National Center for Women and Information Technology, or NCWIT, and I'm also the CEO of Boulder Search. This is part of a series of interviews that we are having with fabulous entrepreneurs, they are women who have started IT companies in a variety of sectors, all of whom have just fabulous stories to tell us about being entrepreneurs, and with me today is Larry Nelson from W3W3. Hey Larry. Larry Nelson: I'm very happy to be here, and this is a wonderful so reason and you make sure you pass these interviews along to others that you know would be interested and they can give it here at NCWIT.org or W3W3.com. Lee: Great, and I also have Lucy Sanders, who is the CEO of NCWIT. Hi Lucy. Lucy Sanders: Hello. Lee: Great to have you. Well, and just to get right to it, we are interviewing Candace Fleming. Candace is the CEO and co-founder of Crimson Hexagon. Crimson Hexagon's technology analyzes the vast social Internet, so blog posts, forum messages, tweets et cetera, and it's done by identifying statistical patterns in the words used to express opinions on different topics. And the product is called Foxtrot, and it helps you to develop your listening approach to many different Internet channels. So without further ado, I would love to introduce Candace, and have her tell us a little bit about her background and experience. Candace, welcome. Candace Fleming: Thank you, it is great to be here, I am excited about this opportunity to share. Lee: Well, if you could tell us just little bit about Crimson Hexagon, that would be great. Candace: At a very high level, what Crimson Hexagon does is, we have technology that goes out and find millions and millions of blogs and forums and tweets, product reviews and things that are probably available on Facebook, and reads them all everyday and can summarize opinions that are being expressed. So in some ways it's a little bit like an automatic opinion poll, but you are not actually asking a poll question because you are really just harvesting values from conversations that are already happening. Lee: Wow. Candace: And we are a 15% company based here in Boston. Lee: So basically, you have got bots or robots that go out and hit all of these different social sites and pull back the data and then analyze it, is that kind of a nutshell for our novice technology listeners? [laughter] Candace: It is that idea where we get data from lot of different sources, we license some data streams, we also do our own call link, but it is not so much the data collection that is special about what we do, it is really in the content analysis of what we do. So if you imagine, I think a lot of your listeners are familiar with Google Alert, were you can very efficiently and very quickly use keywords, and every day multiple times a day, you will get an email in your in-box with the links to mention of those words. But the problem is, when you start to build a large brand or you have a large company, there are so many mentions that it is nearly impossible to stay on top of them. We end up speaking with marketers and brand managers or PR agencies who sit down with a list of 30,000 links and they say, "How do I make meaning out of all this?" So our technology really allows you... It quantifies for you in that list of 30,000 links, what percentage of people are saying they like a specific feature of your product or what percent of people are saying they actually like your competitor's product better or really getting down to the opinions of what's being said. Lee: So we could use it to figure out what people are saying about Larry. Larry: Uh oh. Candace: Exactly. That's right. Larry: That's a different dinner gig. Lee: I'm liking this more and more. Candace: The only limitation is that people have to actually be talking about the topic. Lee: Oh don't worry, we've got plenty of info, don't worry. Lucy: So Candace, back to you. We'd love to hear about how you first got into technology. Candace: Ever since I was little, I have been noticing how technology improves our lives every day. My dad was an electrical engineering professor, and so we were always talking about science and technology and new innovations and seeing how the world progressed. And so, I've been thinking about it from a very early age, and went on to get an engineering degree in college and have always done work in my professional career around technology and algorithms and the application of technology. Larry: Oh. Lucy: So as a little add on, what technologies do you think are cool today? Candace: Well, of course our technology. Lee: Of course, you want a list. Candace: I could be honest, that I'm very biased about that. Actually I think there are a couple of things, I think there are some really neat consumer electronics coming out like they talk about 3-D TV or the Nexus One phone. But even maybe a little bit less mainstream, I heard about a technology that a Harvard biologist named Pete Gergen developed in microbial fuel cells, and it sounds like a lot of big words, but essentially what he's developed is a way to harness energy as microbes that decompose organic matter. And what that means is you can basically take a bucket of trash, stick one of his apparati into it and have light, or have enough to charge a cell phone. Stuff like that, if you think about the implications of that for third world countries or differences parts of our lives, I think it's incredible. So there's a lot of good stuff laying around. Larry: Yeah. Wow. I'm ordering one of each. Candace, let me ask this. What is it about being an entrepreneur that turns you on? Talk about that. Candace: I think for me it was all about this particular opportunity. I didn't set out to one day start a company of my own necessarily, and so in this instance I saw a huge opportunity that was so exciting that I wanted to literally drop everything and get this off the ground. I think in general, nothing is more exciting for me than pulling together a team and seeing what we can collectively accomplish. And I think in small companies, you really can see the impact of that. Where I walk into our conference room for a team meeting, and a year and a half ago these people didn't even know each other, and now they're doing things for big brands and big name companies, and really doing things that even the people on their team never knew they could accomplish. Lee: Well and forming those teams and forming something from nothing is really an exciting part of entrepreneurship. Now Candace, you mentioned that your father from a very early age was talking about technology, talking about engineering, and we find that that's very typical, especially for women. That their father or mother played a role in their early sort of sense of technology. Can you tell us a bit more about who else influenced or supported you in your career paths, or role models or mentors? Candace: So I would have to say that number one on that list is actually my husband. Lee: Yay husbands! Lucy: Yay! Candace: His name is Lee Fleming. And you know I was at a breakfast on Friday and there was a female entrepreneur who said, "Well you know, everyone knows the saying 'Behind every good man is a good woman,'" and I say the exact opposite is true as well, especially as it applies to start-ups. Behind every entrepreneur, especially if it's one who is a family, there's got to be a supportive spouse there." And so I think my husband wanted me to do this even more than I did. And so even before day one, when I heard about this opportunity, he's been helping me every step of the way. Quite literally, because he happens to be a professor at Harvard Business School, and he teaches a class on commercializing technologies and innovations, so I get some good coaching over the dinner table. Lucy: That's pretty handy! Candace: Very handy! Other than my parents, of course, who have been so supportive along the way, my co-founder, actually, who is also a professor at Harvard, his name is Gary King. He's the one who invented the algorithms that we've commercialized. So, from day one, he has said, "I think you're the one who should grow this company, I think you can make this happen and I want to work with you to do this." So having someone who believes in you so completely, and stands by you every step of the way, and is so fantastic to work with is a great gift. Lucy: That is really exciting. Lee: I downloaded his paper to read. Candace: Did you read it? Lee: Not yet, it was a little long for me, but I downloaded it for plane reading. Lucy: We just had interviewed somebody about advisory boards, and I'm thinking you've got these great built-in advisory boards. So to switch topics just a smidge from all these wonderful things, what's the toughest thing you've had to do in your career? Candace: It's actually what I'm doing now, but more specifically, starting and growing a successful company. Basically, in 2008 which is when we had the worst economic meltdown since the Depression, is by far the hardest thing that I've ever had to do. Or, at least chosen to do. But, as I'm sitting here, we just finished putting together our financial plan for the year, and I think it's going to be a great year. I feel like we've made it through and we have a lot of momentum. But, the economy has not been necessarily the friend of any entrepreneur, I think, in the last 18 to 24 months. Lee: You're right. Lucy: That's the truth. Lee: It hasn't been good to anyone. Larry: Yeah, well, boy, that's an interesting lead-in to the question I'm going to ask, and that is: If you were sitting down right now with an entrepreneur and you were going to give them some advice, what advice would you give them today? Candace: That's a great question. I would say maybe three things. First, and I mean this both perhaps literally and figuratively, eat your broccoli. Eat your broccoli because it's good for you, and it will make you healthy. But, figuratively, I mean being an entrepreneur, there are a lot of things that you need to do that are good for you even though you may not want to do them. They're good for the company, they're good for your own personal growth, and so I would say don't shy away from those things. The second thing, also I mean both literally and figuratively is to play team sports. I think, literally, go out there and play volleyball and basketball, soccer, because I think playing in a team is actually very much like working in a small company. You have the same small team environment, you need to give and take and you have rules in a company just like you do on a sports team. Learning about leadership and teamwork, I think sports is an incredible way to learn that. And then the last thing is again, both figuratively and literally, put things to bed earlier than you want to. [laughter] By that, I mean definitely get more sleep than you want to get, but metaphorically, don't set perfection as the bar for everything. I think that in many, many cases good is enough. And if I had learned earlier, I think I would have saved myself a lot of time and stress. Lucy: Well, so, my next question is about the characteristics that make you a great entrepreneur. What we just saw in that last answer was one of them is wisdom. [laughter] Lucy: So, perhaps you can, other things that come to your mind when you think about yourself and entrepreneurship. Those characteristics that you think give you an edge. Candace: I think that I'm an optimist. I think entrepreneurs have to be willing to look reality in the face and convince themselves to see the rosy side of it, perhaps. [laughs] You need to say you can be so focused and drive for something even though there are going to be a lot of obstacles in your way. The second thing is I'm not scared of hard work. That's something that I think is crucial to being able to get a company off the ground. I think the last thing is I'm fairly direct and honest. I think when you're working in a small company environment, there's - somewhat thankfully from my perspective - there's not as much politics. You sit in a room with people, you decide things and you get things done. There's not ten layers of approvals. So, I think being straightforward with people and being honest with people really carries you a long way in being successful, particularly in a small group. Lucy: I have to agree with all of the above. When you have that small group, you just have to be really direct and honest. Candace: Limit to cycles. Lucy: Yeah. Candace: That's it. Lucy: It really does. So, Candace, one of our favorite questions is with building start-ups and being an entrepreneur, as you'd mentioned earlier, it's a ton of work. So, how do you bring balance into your personal and professional life? Candace: Yeah, I think this is a great question. As I thought about this, I have, perhaps, an ironic take on this. And, that is I view my family as an enabler of my professional success. I think that I have a fantastic husband, I mentioned earlier. I have two little kids. I have a two-year-old and a six-year-old. I actually started Crimson Hexagon when my two-year-old was two weeks. Lucy: Oh, my goodness! Lee: Oh, my God! Candace: There is no better way to give you perspective back in life than when you come home from a hard day of work and you get tackle-hugged by these two little people before you can even put your briefcase down. [laughs] So, I actually think that, by having a family, it allows me to be successful at work. Because I work just as hard as the next person and just as many hours. But, I think the trick is, even if it's 15 minutes that you sit down and talk with them in a day, you make that time. And, that time gets paid back to you in a thousand different ways that help you in the rest of your life. So, I just think you have to make sure that you spend time on each, even if the time is very little. But, mentally, it's what keeps me balanced. Lucy: Absolutely the case. Those are great ages for kids, just great, full of energy. So, Candace, you've already achieved a lot. What's next for you? Candace: I have achieved some good things, but I don't view myself as being done here. [laughs] I plan to continue running and growing small companies. I think that what we're doing here at Crimson Hexagon is so exciting. This type of activity is something I want to do for a long, long time. Lucy: Crimson Hexagon is exciting. That is just a cool company. And, I feel like I want to make a plug for a Boulder-based company that's one of your partners. Because we have a lot of Boulder listeners here. Room 214 is a partner of Crimson Hexagon. So, we're just excited about that. If you come out here to Boulder, you need to stop by. It would be great to have you. Thank you so much, Candace. We all appreciate your time. I want to remind listeners where they can find this interview. Larry: At W3W3.com as well as NCWIT.org. Lucy: All right. Thank you very much, Candace. We appreciate it. Lee: Yes. Candace: Thank you. Larry: Bye-bye. [music] Series: Entrepreneurial HeroesInterviewee: Candace FlemingInterview Summary: Data is abundant on the web, and information is free. But meaning is what matters, and uncovering it requires a good deal more than counting keyword mentions across the social web. Crimson Hexagon's technology – based on groundbreaking work conducted at Harvard University’s Institute for Quantitative Social Science – distills meaning about brands, products, services, markets and competitors from the online conversation. Release Date: April 19, 2010Interview Subject: Candace FlemingInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 16:28

god ceo women learning interview internet pr talk depression data institute harvard series eat harvard university concept boulder colorado harvard business school national center information technology release date interviewer foxtrot interviewees audio files google alerts dtv gary king datetime lee hi nexus one quantitative social science candace fleming crimson hexagon larry nelson ncwit lee so lee kennedy lee you preflabel lucy oh larry yeah lee well lucy it lee it lucy so interview summary lucy sanders lucy all
Interview with Gail Goodman

Play Episode Listen Later Mar 16, 2010 20:03


Audio File:  Download MP3Transcript: An Interview with Gail Goodman President, Chair, and CEO, Constant Contact Date: March 16, 2010 Entrepreneurial Heroes Interview with Gail Goodman [intro music] Lucy Sanders: Hi, this is Lucy Sanders and I'm the CEO of National Center for Women and Information Technology or NCWIT. This is our next podcast interview in a series of interviews with women who have started IT companies and/or who are CEOs of start-up companies and the technology spaces. And today, we have Lee Kennedy with us, who is a serial entrepreneur and right now with Bolder Search and also with NCWIT Board of Directors. And Larry Nelson from W3W3 who has just informed us that tomorrow is his eleventh year of his Internet... Larry Nelson: ... Talk radio show. Lucy: Yeah, absolutely. Lee Kennedy: Congratulations, Larry. Larry: Thanks. Lucy: Well, in this interview is very exciting for all of us who send mail out and who know about Constant Contact. We are interviewing Gail Goodman, who is the President, Chairman, and CEO of Constant Contact. And she has done so much, both personally and through her company to really revolutionize the way that businesses reach out and send mail to their stake holders. And really since she's doing Constant Contact, the number of customers has just skyrocketing. NCWIT is a customer. We use it for our newsletters and our campaigns and everything else. So, welcome, Gail, it's good to have you with us. Gail Goodman: Great to be here and thank you for your business. Lucy: Well, you're welcome. Well, we are really eager to hear first, before we start into our entrepreneurial questions a little bit about what's going on with Constant Contact lately? Catch our listeners up a little bit. Gail: Right, for those of you who don't know Constant Contact: Constant Contact is 100 percent focused on helping small businesses, non-profits associations who look great. That's staying connected to customers, clients, members. So, we started with email marketing and that's absolutely our kind of flagship product. But, over the last couple of years, in addition to growing how many customers use Constant Contact, we also added two new products. Event marketing, so to help people run complete closed moved event registration, take money for the event and that whole community advice for business. Lucy: Of course. Gail: And an online survey tool to help people hear back from their customers or members with feedback and learn more about who those folks are, true demographic questions. Today, we have over 325,000 customers around the world who count on our service to stay connected to their most important audiences. And we are just immensely grateful to that group for their business. Lucy: Well, I didn't really know you had an event marketing tool. So, we have events. Gail: That's fabulous. Lucy: I'm going to have to go take a look at it. Gail, you're the CEO of a Tech company, an obviously you're immersed in Tech every day as you think about what Constant Contact is going to be doing in the future. What is it about technology that really interests you and how did you get into a technology company? Gail: Well, I have to say that I had the technology bug pretty darned early. I started using a computer when I was in high school, which to many of the listeners may seem obvious, but when I was in high school, they didn't have personal computers. You had to actually go find a big computer and something that looked like a refrigerator box and actually program on paper tapes and now I'm starting to sound like a dinosaur. Lucy: No, Gail, you're sounding just like Lucy and Larry. [laughter] Gail: But, I just love technology pretty early on and what excited me as I went through my career was not the technology itself, but the problems that it could solve for real people and real businesses. And so, as my career matured, it was all about solving customer problems and that really is what still excites me and makes me get all into the new and emerging technologies. How can this solve a problem that couldn't be solved with a mainframe, with a laptop and now that we have the Internet and mobile devices and it all creates new opportunities to solve problems. Lucy: Well, as you look at technology today, do you have specific technologies that you think are really leading the charge in terms of being innovative. What technologies interest you the most? Gail: As a business person thinking about what we do for our customers. The technology that interests me the most are the social networks and mobile. As a consumer, I'm really interested in the convergence of the smart phone with identity geo targeting and all that that brings together. I think it's consumers, we're just getting so empowered with the iPhone in our hands to do things so dramatically differently. It's like trying to go back and forth with trying to be a consumer and then thinking about what does that means for our business customers, how can they take advantage of that. Lucy: That's definitely the way that you have to think even in your business because your business is all about how consumers use your product. So, if we switch back to you, you started off as a techie and you loved solving problems. What moved you into being an entrepreneur and what is it about entrepreneurship that you love? Gail: The thing that moved me into entrepreneurship was really this combination of wanting to solve customer problems and really feeling like I was ready to earn my own destiny. I had spent a career working for others, sort of frustrated at the pace of what I could do with a pace of change, with the pace of innovation and it just got to the point where it was time to put my money where my mouth was and see if I could do it better than all the people I was thinking I could do it better than. Lucy: Obviously being in a start up that pace is fast enough for you right? Gail: Yeah, and the very interesting challenge for me now is, I joined Constant Contact in '99, there were six people. But, the place was definitely fast enough. Today, we are 625. Lucy: Wow. Gail: And I could hardly call us a start up anymore and how do we just keep that pace of innovation going? How do we keep internal entrepreneurship going? How do we make it easy for people to get things done and make decisions? And I am increasingly challenged to keep solving the same problems I came here to solve. Lucy: That's in interesting topic. You know, we have another interview series called "The Toolbox Series" where I think this idea of, how do you take a startup that has grown to some significant size and keep that innovation, start moving? That would be a very interesting topic. Larry: Yeah, it certainly would. Lee: And that's amazing that you've been there. It'll be 11 years, this year? Gail: Eleven years in April. Lee: Wow. Gail: Me and Larry, we're both doing our 11 year anniversary. [laughter] Larry: Yeah, I'll tell you. I was thinking that, wow. Lucy: Wow. Larry: You know, along the way I'm sure that you had either mentors or role models, or people who helped you out along the way. Well, who would that be that you would pick out that has influenced and supported you in your career path? Gail: I'm going to go with two answers here. Larry: OK. Gail: And one seems just a tiny bit trite. But, my parents really were huge influences here and I think the thing they did for me that is pretty unique, for their generation for women, is they really gave me a huge belief in myself and the confidence that I could do or try anything. And that was really a huge piece of what gave me the confidence to step out from under, you know, the corporate safety net and go alone. Lee: That's wonderful. Larry: Yeah, great. Gail: And then, along the way, you know, my best role models have been my CEO peer mentoring group. So, when I was about two years into this adventure, I joined a group of other venture-backed tech CEOs, who sat down together for a day-and-a-half a quarter and really talked about what we were doing to grow our businesses. You know, the role of the CEO, how to manage the board, how to raise more money. And we helped each other grow into our CEO roles. And so, I would say all of them were role models and I learned something from each and every one of them, because we each brought unique backgrounds and experience sets to the table and created an environment where we could be completely open about the issues and challenges we were facing in our business. Lee: And you sat down each quarter for a day-and-a-half solid? Gail: -huh. Lee: Wow. Lucy: Wow, well, that's pretty intense networking. Lee: Yeah. Lucy: That's awesome. Well, you know, and your statement about your parents, we see that time and time again at NCWIT, that, in fact, encouragement of parents, especially to women, young women, who are interested in technology. As you said, you were interested in computing in high school, at a time when there really wasn't... It was hard to be interested in computing in high school. And that encouragement from your parents, I think, is quite a factor. So, switching gears just a bit, from the encouragement of parents, to something maybe not quite so pleasant. We always like to ask the people we interview the hardest thing they've ever had to do in their career. So, why don't you tell us the most difficult thing? You mentioned working for others and then you started Constant Contact as an entrepreneur; what's the toughest thing you've had to do? Gail: Well, I think the toughest thing I had to do was, you know, really face the fact that Constant Contact might not make it. So, we were venture-backed, the good news is we got some money before the Internet bubble burst. But then, we needed some money after the bubble burst, and money was pretty darn hard to come by. And so, as the cash balance was dwindling and I was counting down how many payrolls I could make, while I was frantically running around the world hat in hand, I needed to write a shutdown plan. And we got within 10 days of pulling the trigger on that. Lucy: Oh! Lee: Wow! And you got funding? Gail: You know, get the executive team in a room, tell them the plan. Tell them we're... You know, at that point, it looked more likely than not, that we were going to shut this thing down. And I think it was... You know, the full employee base never knew how close we got. But, looking around the table at the team who had been working hard every day and saying, "Guys, I think it's over," was the hardest thing I had to do. Larry: How many employees did you have at that time? Gail: More than we should have. [laughter] Lee: Oh, no! Lucy: Wow. Lee: Well, that's a great story. Right? And that it turned out happily ever after this. Larry: Yeah. Lee: So, Gail, we have a lot of young people listening to our podcasts and we would love for you to... If you were sitting here with them, what advice would you give them about entrepreneurship? Gail: Well, the thing I would say, is get a good solid foundation before you strike out on your own. So, get some experience first working for a company, and be very observant about what works and what doesn't work. Leadership style, management style. You know, it is very difficult to be figuring these things out for the first time in an environment where you are, you know, absolutely supposed to be running the place. And as you think about those first sets of jobs, be very thoughtful about the set of experiences you want to get. And I would say, get as close to the customer and the value delivery point as you can. So, if you're in a professional services company, you know, get into the client engagements. If you're in a software product company, get into product management. So, you see how the sausage factory produces a product. And not everything you're going to learn there, you're going to want to take with you, but get some stripes somewhere else. Not only will it give you an experience and guide to your own leadership and management style, I think it'll make you much more fundable, if you're going into a business where you're going to need some other people to vote for you and give you their money. Larry: You listeners out there pay attention to that reply, because I wish I had heard that, before I started my first company. But... Lee: That is. That's sage advice. Larry: So, Gale, you talked about your parents, the CEO mentoring group, and so on. Getting right into you, what are some personal characteristics of yours that have made you a successful entrepreneur? Gail: So, I'll highlight four that I think are pretty important. And I'll start with tenacity. I just refuse to fail. [laughter] Gail: Every obstacle was a challenge to be taken on. The second kind of directly relates to that which is I am an analytic animal. So, when I see challenges I don't react to them emotionally, I react to them analytically. Let's diagnose it. Let's do the root cause analysis. And let's fix it. The third thing is that I am a continuous learner. I understand that I don't know what I don't know, and I'm not afraid to get help from others. Talk, you know, peers... One of my first reactions to a problem we would have in the business is who might have solved this problem already? And how do I get access to them to figure out how they solved it? So, I'm always reading books. I am always talking to others. I am always trying to pick people's brains. And the final piece and probably the hardest piece, for me, because it wasn't natural, is I think it's important as an entrepreneur that you be immensely open to the feedback of others and recognize the weaknesses in yourself so you can complement them with the team. And so I ask for, and on a good day listen to a lot of feedback. Lucy: Well, and I think that, I'd add a fifth characteristic that you didn't mention. You have a great sense of humor. A great laugh, I have to think that that helps get through the day as well. Gail: If you start taking yourself too seriously you're in deep trouble. Larry: Yep. Lucy: Yeah. We think so too. We don't take Larry seriously. [laughter] Larry: We'll talk offline, Gail. Lucy: So speaking of your day. You have a lot of work in your day obviously running a successful company like Constant Contact. And yet you have a personal life too. We like to ask how people bring balance into their life knowing full well that perhaps most people are totally unbalanced when they're in the situation that you're in. But, we find that they amazingly have coping strategies so they do have a personal life as well. So, why don't you tell us about how you bring balance there? Gail: Yeah. Just a couple of things. I have so many interests outside of work that I have been unwilling to give up because of that tenacity. So, that's really helped. So, I happen to be a tennis addict as a player and watcher. The good thing about tennis is you've got to schedule it. So, you've got a bunch of other people waiting for you on a court, you don't blow it off. So, it happened to be a very good hobby because other people were waiting for me. To all the tennis players out, all I need to say is doubles with three people is really not as much fun. And I never said, wow, I'm not going to have that much time for that this quarter. I'm not going to sign up for the contract with the ladies. I just did it. And so that formed some anchors of things that got me out of the office and got me moving and fun. The second thing is I have always prioritized the people who mean the most to me. My family, my friends, you cannot let those relationships go. They are the most valuable thing in your life. Someone once told me that story, just think about the world from, sitting on your porch in your 80s, looking back on your life. Very few people are going to say I wish I had spent more time working. The number one thing you hear is that I wish I had spent more time with my family. And you never get a chance to go back and do that. So, I've always been very clear that while on a given day a work priority might overwhelm a family thing. As I look at weeks and months, I can't let that happen more than occasionally. Lucy: So, it's an integration process as opposed to this perfect idea of balance. Larry: Yes. Lucy: Yes. Gail: Yeah. You never get the perfect idea of balance. But you've got to keep the priorities in place. Lucy: Absolutely. Well, Gail, we have loved talking to you, and it's been so interesting. We have one last question. You've achieved so much. Give us a little insight into what's next? What's next with you? What's next with Constant Contact? Gail: So, we at Constant Contact feel like we are just getting started. We are thrilled to serve 325,000 customers. There are 27 million small businesses in the US. And when you add non profits and trade associations, the number gets up to 40 million. And we think those small organizations succeed based on customer intimacy and relationships. And our vision is nothing less than to help them revolutionize that success formula. And so we are on the march to a million, and just unbelievably excited about it because small business is the backbone of the American economy. It employs half of the private workforce and has typically been the very first to hire coming out of recession. So, literally our mission for this year is to re-energize America's small business and pull the United States out of the recession. Lucy: We're behind you. Lee: Hallelujah. Lucy: We're behind you. Larry: Wow. Gail, I just wanted to thank you for joining us today. Gail Goodman of Constant Contact. And this is Lucy, Lee, and Larry. You know the three Ls. It's really our pleasure. Your interview will be up on ncwit.org. It will also be on w3w3.com. And we'll have it on a podcast, a blog, and that social networking stuff you were talking about. So, thanks for joining us today. Gail: That's great. See you all on Twitter. Lucy: All right. Thank you Gail. Gail: Bye-bye. Lucy: Bye. Lee: Bye Gail. [exit music] Series: Entrepreneurial HeroesInterviewee: Gail GoodmanInterview Summary: Gail Goodman joined Constant Contact in 1999, when the company had six employees. Today it has 625 employees, with more than 300,000 customers worldwide. Release Date: April 16, 2010Interview Subject: Gail GoodmanInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 20:02

united states america ceo women american director president interview internet leadership talk tech iphone event series ceos guys concept national center information technology release date interviewer ls interviewees constant contact audio files datetime larry nelson gail goodman ncwit larry you lee so lee kennedy preflabel larry yeah lucy oh lee well lucy so interview summary lucy sanders lucy all
Interview with Beth Marcus

Play Episode Listen Later Jan 22, 2010 24:00


Audio File:  Download MP3Transcript: An Interview with Beth Marcus Former Founder and CTO, Zeemote Date: January 22, 2010 Entrepreneurial Heroes Interview with Beth Marcus [music] Lucy Sanders: Hi, this is Lucy Sanders, I'm the CEO of the National Center for Women in Information Technology or NC WIT, and this is another in our podcast series with women who have started IT companies, very successful women I might add... Larry Nelson: Boy, I'll say. Lucy: ...that have started IT companies. With me Larry Nelson from W3W3.com. Hi Larry. Larry: Hi, I'm really happy to be here. This is going to be an exciting interview. Lucy: Well, and these interviews have been very well received at W3W3. Why don't you tell us a little bit about that. Larry: Well we host a special channel, "Heroes for NC WIT, " and we get a tremendous amount of traffic from, everything from small business owners to C level, high level executives from enterprise size companies and it's very interesting and the thing that we like about it so much it's really helping support a push for more young girls to get into IT. Lucy: Well, very good. Well, you know this interview is going to be no exception to our great interview series. Today we're talking with Beth Marcus, who is the CEO, the founding CEO of Playsmart, a new venture for her, she's a serial entrepreneur. She's founded a number of companies including Exos which she sold to Microsoft on the middle of nineteen nineties. And she is, I think easily one of the most technical people we've spoken to in this interview series with a history at MIT, and a PhD and patents and very, very impressive technical entrepreneur. Welcome Beth. Beth Marcus: Thank you. Lovely to be here chatting with you. Lucy: Well we are really interested first to find out a little bit about Playsmart, your new venture. And we understand it is really geared towards having safe environments for children on the Internet. Can you tell us more about it? Beth: Sure. It's a complete media solution for kids, ages one to eight. It allows them to be entertained, educated, connected to other family members around the world and allows the parents to control what's happening with the kids' interaction with those environments and make it totally safe. No commercials are passed to the kids. Once they get into the Playsmart system which can run on any PC or netbook they can't get out of it accidentally or otherwise and they can't get to any content or interaction that their parents don't pre-approve. Lucy: That's pretty interesting. Larry: Boy I'll say. I've got seven grandchildren, I'm happy to hear that. Beth: In fact, one of the features that some of our investors are interested in is Skyping to grandchildren that you can do through Playsmart. All you do is click on a picture of your grandparent and it makes the call for you. Lucy: Oh, that is really cool, you know. My mother's on Skype too and you know she, I mean I actually think the other end could use some help with that, you know? Larry: Yes, I agree. Beth: Yeah. Lucy: I mean she loves Skype. Beth: My daughter is how I got involved in this. I do a lot of advising of other start up CEO's and I thought I was going to be taking a break from being a CEO and just help a bunch of other people, and an entrepreneur came to me and said, you know, "Let me show you what I've got, " and it was for kids and I have a five year old. So I said, "Susie, let's play with this thing, " and she said, "Oh, this is so cool." You know and her interaction with it is what convinced me to get involved with the company and become a CEO. Lucy: You know, we've had a couple of people we've interviewed whose children have helped them form the idea for their next venture or at least encouraged them to get involved. That's really interesting. So Beth give our listeners a sense of how you first got into technology. I mean you have a very extensive technical background as I mentioned before. What first interested you in technology? Beth: A million years ago when I was in school I liked science and math and I played around with computers. And I'm probably going to give away my age, but wrote programs in Basic that ran on paper tape into a terminal. Lucy: I did that too. So don't feel bad. Beth: And then, I ended up going to MIT because they had a lot of interesting science and math. And what got me into more core technology was freshman year at MIT they have a seminar series that you do, typically in January and I took aluminum bicycle frame building because I loved bikes and I thought that would be cool. I had never seen a machine shop, I didn't know what welding was. I had never done any of the stuff and through that seminar I got fascinated by making stuff and ended up being in mechanical engineering. Lucy: Well and we noticed you were judge for First Robotics which I think further extend... Beth: Ten years, which is a lot of fun. Lucy: Yeah, you're love of making things. Larry and I both judge as well with First, so it's a great program. So what technologies do you look out there today across the technical space? What technologies do you find really cool and interesting today? Beth: Of course the last company I was in was the mobile space so I think the evolution of mobile devices into computers that you carry around with you is very interesting. I mean, when I started Zeemote in 2005, when I said, "These are the computers you're going to carry with you 24/7" the potential investors looked at me like I was from Mars. Larry: Yeah. Beth: And now people do. Lucy: They certainly do and in fact the number of people are looking at mobile devices as a real tool to help third world developing countries as well. Larry: Awesome. Beth: Well, they don't have land lines. Lucy: Exactly. Beth: And even though we have them, a lot of people don't use them anymore. Larry: Yeah, let me kind of switch gears here for a second. Two part related questions. One is, why are you an entrepreneur? And what is it about entrepreneurship that makes you tick? Beth: Well, I think it's a challenge. The first company I started, I remember we had built some high end controllers, exoskeleton controllers for robots in space for NASA and other people. And I got this idea that we ought to be able to take this technology and make it into a consumer product. And I was giving a talk at a Virtual Reality Conference and somebody from a not to be named defunct computer company said, "Well if you can't spend two hundred and fifty thousand dollars on a reality engine you shouldn't be doing VR." And I said, "We're going to do it on PC's and we're going to make a hundred dollar joystick and everyone's going to use them but they're not going to know that it's VR." And that sort of a challenge where somebody says, "Oh you can't do that." [laughter] Or even sometimes why would somebody want that. And then you put it in front of them and they go, "Oh wow. That makes my life easier"or "That makes my health better." You know. That exciting to me. Lucy: It's a very incredibly important point I think, you know, maybe I'll just digress a moment and say that you know there's always this tug of war in any corporation big or small between the business side and the technical side and often I think the business side can't necessarily see the power of technology until a technologist puts it in front of him. And... Beth: That's why I advise all the companies that I get involved with to get those prototypes built as quickly as possible with as little money as possible and get it into the hands of the end users. Because there's where you're going to find out are you smoking something and convincing yourself there's a market or does somebody really care about this. Lucy: Absolutely. Beth: And you learn so much that most entrepreneurs will tell you that the thing that they thought they were starting their company on is not the one they made money on. And it's the ones who iterate and spend time with the consumer whether they're a consumer or a corporate customer or whatever kind of customer, the ones that spend the time and listen to the customer are the ones that figure it out and succeed. Lucy: That is a really important point and I think, looking forward, we may have to ask you again a month from now but you know we do a Toolbox series as well and I think that it would be great to hear your advice for entrepreneurs because that advice around prototyping is excellent. Beth: I was going to be writing a book this year. Lucy: [laughs] Now you are running a company. Beth: Company...My God. I spent some time on it this summer capturing things like that and interviewing other entrepreneurs and then I said, "OK, I got to put this aside until I do this center and I'll come back again." Lucy: I think it will be fabulous because of your technical background. I'm sure you'd have some really valuable insights there. Beth: And I am a published poet. So... Right in the way that is intelligible to the rest of the world. Larry: So now there is a third interview. Lucy: A third... [laughs] Larry: A poetry. Lucy: Yeah. You are really digging yourself into a hole. So, along the lines of entrepreneurship, we found that many entrepreneurs can point to a particular person or a group of people who influence them or help them along their way as an entrepreneur. Who are your role models and how do they influence you? Beth: I think the first person who got me the sort of excitement at making stuff work was this professor in MIT Woody Flowers who was involved in the First Robotics Company. Lucy: Absolutely, I have seen him. I have never met him. Beth: But he was an early mentor of mine and I became a judge for this mechanical engineering design contest while I was still a student. And then that's sort of got me excited about the excitement of innovating and trying new things and testing your ideas. And then when I went to start my first company, I joined the MIT enterprise forum and there were a number of people there who I had no idea even what a business plan was. And I was going to write one to raise money. So I listened to other people talk about their businesses and I got some of those people to help me write my first business plan. And then later on, a man named Don Spero started a company called Fusion Systems down in the DC area that successfully flowed against the Japanese and the patent area. Kind of taught me about intellectual property and the value of it and also mentored me generally because of his long experience in running companies. And then when I was running Exos and I realized that I was out of my debts from a management point of view. I hired a guy named [indecipherable 10:03] to come in and run my company. And he became a mentor of mine and he is still to this day a friend. So all along the way, I think the lesson for an entrepreneur is to talk to anybody you can everywhere about what you are doing and try and connect with them because you never know when you are going to stand next to the person who is going to get you a deal like I did when I was in a party in MIT. And I stand next to Bob Metcalf who introduced me to the Logitech guys that told me what product to build for an Exos to get an exit. Or whether I am going to hire somebody who turns out to be my mentor and teach me about business that leaves the exit in the company. Larry: Wow. Beth, let me ask this question. First of all, you just mentioned about you are going to write a book this year but now you are running a company instead. It took me three years to write a book that I just had published called Mastering Change. So I just want to let you know that you can do that too. Beth: Yeah but I have a five year old and a puppy. Larry: Yeah, I got you. [laughs] Beth: So I said my daughter is most important, my business is second most important and the rest will just have to wait. Larry: There you go. I agree with that. Lucy: Although I could throw little barb in here and say Larry is a five year old but... [Larry clears his throat] Go ahead Larry I was... Beth: Anything about relationship in any of that. So? Lucy: [laughs] Larry: I have been married for 40 years. What are you going to do? Beth: Adolescence. I am not married so... If any of your listeners want to apply for the job, I take resumes. Larry: We make a little commission on this... Lucy: Yeah... [mumbles] Larry: Yeah. Speaking of all that stuff, what is the toughest thing that you ever had to do in your career? Beth: I think the first time I had to fire people was probably the worst moment because at Exos we started out as a medical company and we grew to a million and a half in revenues selling orthopedic rehab devices using our technology. And we realized we probably sold all the units that whatever be sold because we were teaching people how to turn on the computer not have a measure motions and force in patients. They didn't care about that. They use a plastic protractor and so we figured that out and we had to restart the company, went from 32 people down to about eight in one day. Lucy: That's tough. Beth: And I believe that I had helped outplace...anybody who wanted to be outplaced in great jobs elsewhere, and I am friends with some of the people who left the company at that point for years. And some of my hired again into other companies. I feel good about it. I remember at the end I closed my door and I just cried because these were my friends. Lucy: We hear that a lot from entrepreneurs. I think that is a very tough thing to...not just let people go but it is theirs loss and also downsizing the company and restarting it. That is all tough stuff. Beth: Yeah. Perhaps to tell you that I learned in that experience that if I had done it sooner, everybody would have been happier. Both the people who did not fit the business we are getting into and the investors and everybody would have done better. So, my advice to entrepreneurs is don't be afraid to hire but don't be afraid to fire the person who is the wrong person for the job. You are not doing them or you any favors by keeping them around if they are not working. Larry: Yeah. Lucy: It is the truth. We have learned that lesson unfortunately in the Telecom downsizing. Well that's great advice and it gets us to our next question about advice for young people about entrepreneurship and you have given us some perils already. And I wander around online and I found some presentation you made about naming your company. What I found was pretty interesting. Beth: That is a new one. [laughs] I give that to an MIT class because I am still on the faculty there. So occasionally faculty members will call me up and ask me to come, give lecture to their class and the senior mechanical engineering design class didn't have a clue how to name their product. So I came and I gave a lecture. Lucy: That's good. I can't wait for your book. And so, what kind of advice would you give to budding entrepreneurs that you haven't already told us? Beth: I think the most important thing that I talk to any entrepreneur that I coached from day one is why are you doing this? What are your personal goals? What are your financial goals? How does that fit with your family? And if you evaluate that first and write it down and keep it in front of you and then say, is what I am doing today serving my goals, the company's goals and my family's goals? And when those things start to not match, that is when you get into trouble. And if you don't bother to figure it out first, then you don't have a road map because I made this mistake. I ran a company called Glow Dog which was a failure. It was a failure because we were just about break even and about a million plus in revenue and our Christmas shipments were on the water on 911. We had just grown to the size where we need to manufacture in China instead of the United States in order to compete and they were in the container on the ocean and they could not get in the United States so there was no Christmas. And we had to sell the assets and fold the company because I didn't feel like there was going to be a return on investment if I brought in more capital. But what I didn't think about when I started that company was what was the right size for this business and did that kind of a business match what I personally wanted to do? It was just interesting. People loved the product. They were reflective coating for people and pets. And you walking your dog at night, you don't get run over, right? Well, it turned out our customers were fashion stores in Tokyo who liked the logo I designed. I didn't even know it was reflective and it was a 33% margin business in an industry that is not very protectable and that I had no expertise in. What was I doing, doing this business? So, I raised a bunch of money to make a big play, before I realized that this really was a brand company, not a technology company. I raised the right amount of money for a technology company to get launched, but it turned out technology didn't matter, and to make a brand like Tommy Hilfiger or Ralph Lauren, you need tens of millions of dollars. Lucy: Absolutely. Beth: ... and you need expertise, which I didn't have. So, if I had understood my own personal goals and what kind of a work environment I wanted, and what the end game looked like at the beginning, I probably wouldn't have made those mistakes. Because Glow Dog could have been a very profitable, between $2 and $10 million dollar clothing company and pet product company, if that was its goal. It wouldn't have raised as much money. It wouldn't have spent as much money, and it might still be around today. Larry: You obviously didn't know all your life that you were going to become an entrepreneur and since we're... Beth: I thought I was going to be an academic. Larry: There you go, see... Lucy: Well, you're that too, so there you go. Larry: A little change. Beth: So, I'm an academic. I play at academia. [laughter] Beth: I actually have on one occasion taken money from MIT to teach a class, and I realized that it was not for me. Because along with taking the money, comes a lot of faculty meetings and policies and procedures, and entrepreneurs don't really love those things. What's good about a company that's under 25 people is you don't need a huge amount of that stuff to be successful. Larry: Right. Beth: Some people are really good at structure and organization and detail, and that's not me. Larry: Not you, no. Well, then, what were the characteristics that made you really become a successful entrepreneur? We want to reach out this way, because we have many young people and employers and parents, who want to know what secrets they should look at when it comes to entrepreneurism. Beth: Certainly, like anything else it can be taught, and it can be learned over time. So, if you want to be an entrepreneur and you don't really understand what it is, go get a job or an internship with an entrepreneurial firm and get to know that person who started the company and watch them. Do it a couple of times. You'll learn whether it suits you or not. But in terms of what I think gives me an advantage; first of all, unbridled optimism to the point of stupidity at times. [laughter] Larry: I love it! Beth: You know, "You can't do that! You can't do that!" "Sure I can! Sure I can!" You know there is a limit, you beat your head against the wall a few times and you walk away, but hammering on and being tenacious at getting your objective. If it doesn't happen the way you think, you think of a second way. If it doesn't happen that way, you think of a third way. Maybe you don't end up accomplishing what you set out to do, but in the course of trying to accomplish it, you figure out where the real value is. So, it's a combination of being tenacious, and also being aware and being willing to change, and willing to take advantage of what God, the world, whatever, has presented to you in terms of opportunity. So, if you're trying to build widget A, and nobody wants widget A, but in order to make widget A, you had to make a fixture. And it turns out loads of people want that fixture, well go sell a fixture. Don't keep trying to sell a widget that nobody wants. Lucy: Exactly. I like that, 'unbridled optimism on the verge of stupidity.' I am just going to have to remember that one. Larry: I was looking in a mirror when you said that, yes. Beth: Also, you have to be able to learn from everybody around you. Lucy: That's totally right. Beth: Willing to talk about what you do in a pleasant way, not obnoxious, but to anyone who will listen. Because you never know where you're going to learn something, or who's going to have, "Gee. I know the guy who started that company that you want to have buy your company" or "Gee. I had a company like that, and we made this mistake" and so you can learn to avoid that mistake. Lucy: Absolutely. Beth: Or somebody you want to hire. And don't be afraid to hire people who know a lot more than you do. Lucy: Totally. Beth: It's a matter of risk right. If you're an investor, and I've done some investing as well, you look at what's the total risk package for this business. And anything, absolutely anything you can do to reduce the risk is a good thing. And so the more experience you have that's relative to the business you're in, even if you don't know it yourself or understand it. It's going to reduce that risk. Lucy: Well and that's great advice I think. It's all pointing towards another interview I think Larry. Beth: You could have me talking for days. Lucy: I know. No, no ...I've got all kinds of plans for you know now. So you've already mentioned to us that you are a published poet and we know you're a judge for many years with First Robotics. What else are you doing to bring balance into your professional and personal lives? Beth: Well, I mean it's a struggle. I mean I'm a single mom, so there is no such thing as balance in my life. But, I do things like, I've got a calendar I just printed out this morning because I wasn't sticking to my exercise routine. And just like my daughter gets stars for reading books and she turns it in at school every month. I'm going to have her help me put stars on my calendar for my exercise. Lucy: Oh, that's nice. Beth: And I have family dinner night, where I cut off work early usually on Fridays, so that I can cook a meal. And we can sit down and eat together because it doesn't happen that often. And when I was growing up that was something that was somewhat absent and I wanted my daughter to have that, and I wanted me to have that too. Because, there is this idea that, when I was in the beginning of my entrepreneurial career, I obsessed about the business 24/7 and drove myself nuts. You know, I hardly slept, and that's not the best way to be productive. As I've gotten older, I work smarter. And so I do everything that I can do to make every minute of my time incredibly effective. If I'm having a bad day and I'm not productive. I'm not going to hammer my head against the computer or the telephone, which is where most of my work happens. I'll go and do something nice for myself for an hour. You know, call a friend, go have a coffee, or do an errand I need for my home. Go do some food shopping and come back. And then I'm refreshed and renewed. I listen to books on tape at night as I'm falling asleep so that I can't think about business at night. I love novels and I love fiction. So that for me blocks out my ability to think business. Lucy: That's a great idea. Larry: Yeah, it really is, wow. You know Beth, you have achieved so much in so many different ways. Going back to your first company that you ended up selling to Microsoft and all the other Wins and that challenges along the way. You've achieved a lot what's up for you next? Beth: I would like to have a huge exit in Playsmart. So if anybody is listening who wants to buy a company like that, that's the goal. To build this to where there is enormous excitement about the product and many, many families are using it. And then get a bigger company with huge resources behind it. And then I'll be happy to step back, finish my book and invest and advise in others. Lucy: Wow, and we would love to see you write that book. Larry: Boy, I'll say. Lucy: That would be I mean great, great advice here and we thank you for taking time to talk to us. I want to remind those who are listening to this interview that they can find it at W3W3.com. Larry: That's right and we'll have it up also on our blog as well as our podcast directory so you can download it 24/7. Lucy: Well, I'm pleased to pass it... Beth: And if there are there any moms of kids interested in Playsmart. That's at Playsmart send me an email, I'll make sure you find out about a product when it's out this summer. Lucy: Absolutely, and we'll have that as well in the bio up on the site. So everybody can find it when they come to download the podcast. Very good, well thank you very much. Larry: Thank you. [music] Series: Entrepreneurial HeroesInterviewee: Beth MarcusInterview Summary: Beth Marcus has been Founder and CEO of several successful startups, most notably EXOS, Inc., which was venture-backed and sold to Microsoft in 1996. Since then she has been involved in 14 start-ups in a variety of fields as a founder, investor, or advisor. Release Date: January 22, 2010Interview Subject: Beth MarcusInterviewer(s): Lucy Sanders, Larry NelsonDuration: 24:00

god christmas united states ceo women founders china interview internet speaking phd washington dc japanese microsoft mit mars nasa heroes tokyo pc series vr skype basic concept cto lovely national center information technology toolbox my god wins gee release date interviewer telecom ralph lauren logitech tommy hilfiger interviewees exos audio files skyping books on tape first robotics datetime mastering change larry nelson larry you so lucy beth you preflabel lucy oh beth yeah larry yeah beth it lucy it lucy you larry well interview summary lucy sanders larry right beth so lucy they

Claim National Center for Women & Information Technology

In order to claim this podcast we'll send an email to with a verification link. Simply click the link and you will be able to edit tags, request a refresh, and other features to take control of your podcast page!

Claim Cancel