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Even though a vacancy can be painful for an investor, leasing doesn't have to be the biggest hat a property manager has to wear. Join property management growth expert Jason Hull to talk about the topic of the property management Summer busy season with Tim and Larry from Tenant Turner. You'll Learn [02:55] When is the right time to automate? [07:52] Why being cheap leads to bad clients [14:34] Staying competitive in the slow season [18:04] The multifamily market oversupply [22:13] Lockboxes and self-showings Tweetables “The most important currency related to growth is not cash, it's focus.” “It's really stupid, in contrast, to hold onto the moldy peanuts in the monkey trap because you don't want to let go and not get your hand out because you just want to be cheap.” “I find that cheap business owners attract cheap clients and they don't grow and scale their businesses.” “Even if you only have, you know, one door, eight doors, 10 doors, any vacancy is painful.” Resources DoorGrow and Scale Mastermind DoorGrow Academy DoorGrow on YouTube DoorGrowClub DoorGrowLive TalkRoute Referral Link Transcript [00:00:00] Jason: I find that cheap business owners attract cheap clients and they don't grow and scale their businesses. And so if you're listening to this and you're like, "well, I'm being cheap and I'm being frugal, and that's smart." It's not smart when it comes to business, and it's not smart when it comes to growth. [00:00:17] Welcome DoorGrow Hackers to the DoorGrowShow. If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you're interested in growing in business and life, and you are open to doing things a bit differently then you are a DoorGrow hacker. DoorGrow hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate, think you're crazy for doing it. You think they're crazy for not because you realize that property management is the ultimate, high trust gateway to real estate deals, relationships, and residual income. At DoorGrow, we are on a mission to transform property management business owners and their businesses. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market, and help the best property management entrepreneurs win. I'm your host property management growth expert, Jason Hull, the founder and CEO of DoorGrow, along with Sarah Hull, the COO of DoorGrow. Now let's get into the show, and our guests today are Tim Wallace and Larry Hancock of Tenant Turner. Welcome you two. [00:01:27] Tim: Thanks for having us. [00:01:28] Larry: Yeah, thanks for having us. [00:01:29] Jason: So does everybody there have red hair now? Is this the thing? [00:01:32] Tim: We're slowly taking over the world. [00:01:34] Larry: Like it's just-- gingers unite-- job application requirement. [00:01:37] Jason: That sounds like a really good t-shirt. [00:01:40] Sarah: I like it. Yeah. "Are you willing to dye your hair?" [00:01:43] Jason: That'd be the strangest thing. Yeah. "It's part of the, it's part of the uniform." All right. Awesome. Well, it's good to have you both and you know, we really appreciate you being a sponsor for our DoorGrow events and doing some cool stuff with us. And Tim, you actually sold Sarah Tenant Turner previously. Oh, Larry did. Larry sold Sarah Tenant Turner. Yeah. You can't have the credit, Tim. Sorry. It's Larry. Larry did this. He closed the deal in Sarah's property management business that she's since sold, but they're still using Tenant Turner. [00:02:17] Sarah: They do use tenant turner. [00:02:19] Jason: There you go. So awesome. So our topic today is scaling up your leasing process during the busy season, which is right now, right? It's summer, things heat up. And what's interesting, if you do go onto Google Trends, trends.google.com and look at the keyword "property management" and you backdate it for like a decade and you'll see these, it just spikes. It doesn't go up like it's not growing in search volume, but property management spikes every summer and goes down in the winter. And that's probably how leasing works as well in property management. So what, where should we start with scaling up your leasing process during the busy season? [00:02:59] Larry: So what's interesting is it's almost like a catch 22 for our customers. So for folks that aren't using any kind of automation, they're like, "I really need your services, but I'm just too darn busy to even consider it." I'm like, "ah! Why didn't you talk to us just a few months earlier?" And then you got the opposite side where some customers are like, "I'm not busy enough to consider your services." so we're always trying to, you know, have these conversation with these people why automation's beneficial for them. Whether they're in a stage where they're just, you know, drinking from a fire hydrant and they're just trying to just figure things out while they're in the busy leasing season. Or maybe you are using automation and it's just a matter of creating efficiencies. So that way you can continually grow your business. So, typically that's how we'll start our conversation is kind of where are you at right now? Are you kind of just struggling to stay afloat and you need to add some automation into your life, or do you have the automation and it's just creating those efficiencies in your business? [00:03:53] Jason: So how do you help people that say they're not busy enough justify leveraging and getting tenure turner? [00:04:02] Larry: Yeah. So from there it's really. Trying to get them more in the head space of like, "I understand that for now. But let's figure out how we can create value here." So maybe I'm getting them in a place of, you know, let's build the building blocks. "We're not going to create your account just yet, but in a perfect world, when you are busy and need our services, let's kind of back out what the steps are to get there." Sometimes maybe their portfolio isn't large enough. So then that would be a time when I would recommend to someone like you, Jason, where it's like, "Hey, you need to be a part of a program where you can, you know, grow your portfolio because he's going to help you grow your portfolio and then you're going to need us because you're only one person." so I'll try to get them in that kind of head space. But it's really almost building their tech stack. So while we're an important piece to that whole thing there's other moving parts to the entire system. So that's usually how I start. It's really more playing a consolidative role. [00:04:55] So I'm trying to consult them, figure out where they're at in the process. And if they're not a good fit for us that day, that's okay. Maybe they will be. And then I'm going to set a reminder to reach out before they're busy losing season basically. [00:05:07] Jason: So where is that kind of cutoff point to where they've achieved, you know, Tenant Turner readiness status? [00:05:17] Larry: So sometimes people will view it from like a portfolio size. I think it's really more about the entrepreneurial mindset. I met some people where they have just one door and they're like, "Hey Larry, I'm going to be a hundred units by the end of the year." I'm like, "that's awesome man. You know, it's great you're kind of trying to build this plane before you're trying to take off," where sometimes I talk to customers, they're like, "Hey, We're flying this plane. The wings are about to fall off. And I just don't know what to do." I'm like, "okay--" [00:05:42] Jason: I'm going to build it in the air. I'm working on it. [00:05:45] Larry: I know. It's like, "all right, well I appreciate you, you know, diving ahead first, but you're probably really stressed out right now." So, typically in our world, our pricing model, month to month, no contracts. So one to 50 units you're fine. We're going to talk to you. We're not going to be like, "oh you're too small for us, man. Like, I just can't talk to you." We have a great culture in that way. We try to be that partner with them. But typically our general rule of thumb is if you expect to have any vacancy, whether it's one throughout the entire year, you should at least consider us. Even if it's only one month out of the entire year we'll still talk to you. [00:06:16] Jason: Yeah. [00:06:17] Sarah: Yeah. And I think something that people don't always realize is even if you're like, I don't need it right now, I'm not ready, I don't have enough. It's going to make it so much easier if you have systems in place already, so that you can scale so that when you scale, you're not now in massive amounts of pain. And even if you only have, you know, one door, eight doors, 10 doors, any vacancy is painful. Yeah, any vacancy is painful and it's going to help you massively, not only just in your time and your effort, but it will make your clients happier. Like when I implemented Tenant Turner, my vacancy rate like took a nosedive. Now, not that I had a high vacancy rate. But like just trying to like market and figure out where to put these things and answering all the messages and doing a gazillion showings for people that might not even qualify. You know, it was taking sometimes like weeks to fill a vacancy. And when I implemented that, it went down dramatically. So clients are much, much happier and you and your staff are going to be much, much happier because now it's a lot less work for you. [00:07:28] Larry: Yeah and kind of building on that, Sarah, we kind of find our solution is almost like a an aspirin approach. So people are kind of taking that aspirin when they have a headache in the form of vacancy. And there is a time and place to pop the aspirin, but usually what's a lot better is kind of plan ahead of, "oh, I know I could have headaches during this time of the year, so I'm going to be a little bit more you know, I'm going to prepare, I'm going to be more proactive." where I see people have the right mindset in regards to software is usually what they'll do is they'll annualize the cost and then figure out how to generate enough ROI. So if I'm able to save. Five hours per week, you know, and I annual analyze the software in such a way I don't need to worry about it because I've looked at the 12 month period and I know I'm going to get my value that way. It's a little bit harder when you're trying to convince people when they're kind of penny pitching and it's like you're wasting all this time on that part and that time worrying about it, you just wasted where you could be attracting new owners. So the mindset really is kind of analyzing the software, but trying to build the ROI into that. [00:08:31] Sarah: I have to say like I was hesitant for a while because I was like, "well, this is easy and like I have this streamlined process" and really, I said this to you. I was like, "I just don't spend that much time." I had 200 and like some odd units, like 260 I think at my highest. And when I was talking with you, I was like, "you know, I just don't spend that much time doing it. So is there a benefit to it? Yes, but how much time am I really going to save? Because I feel like it's already something that is simple for me." And even though I had this streamlined and I had processes to find and I maybe was spending a couple hours a week doing, you know, messaging and email and confirmations and stuff like that. [00:09:14] I was still spending time doing it. When I implemented Tenant Turner, then I was like, "oh, I don't have anything to do." Like every once in a while I have to just pop in and you have to like manually approve somebody. And then once, like I updated my showing schedule once a week. So once a week I had to go in and update the showing schedule for the upcoming week, which took all of maybe four minutes. And other than that, I was just popping in and kind of like manually approving people. And I was spending, I went from maybe a few hours a week, which I still didn't think was a lot to minutes per week. And I was like, "oh wow. Okay. I see it now. I see it." But sometimes they think you have to experience it to see it. Because I was like, "I just don't know!" And I was really glad that I did it because it really like, it took so much. And sometimes when you make a change like that, then you realize how much work you are actually doing. Because we rationalize, we're like, "it's not that hard. It doesn't take me that long. Like I just send a couple emails," and then when you realize, "oh, I don't have to do any of that anymore." it was like mind blowing to me. I was like, "oh, like this literally takes me like 10 minutes a week and that's it." So all my leasing was done in 10 minutes. [00:10:33] Jason: I think that's one of my favorite ways to justify an expense is you have to look at the opportunity cost because if you're just looking, you're like, "okay, well it costs me this much money and if I do it myself, then it's free. But your time is the most valuable resource you have in a business-- not free-- and the most important currency related to growth is not cash. It's focus. And if your focus is diluted as a business owner away from what can generate more revenue, then the opportunity cost is huge in two to three hours you could be closing deals that are worth tens of thousands of dollars over that year. So it's really stupid in contrast to like hold onto the moldy peanuts in the monkey trap because you don't want to let go and not get your hand out because you just want to be cheap. [00:11:22] And so I find that cheap business owners attract cheap clients and they don't grow and scale their businesses. And so if you're listening to this and you're like, "well, I'm being cheap and I'm being frugal, and that's smart." It's not smart when it comes to business, and it's not smart when it comes to growth. You need to let go of those moldy peanuts. There's bananas in reach and the farmer's going to come along and chop off your head. And this is why most businesses fail. Most businesses fail in the-- or they get stuck-- first year or the first five years. A lot fail and property management is tough. And I see, I see a lot. [00:11:55] Sarah: They get, they just get stuck and they're trapped. "I don't have more time. I can't do anything else. Like, I don't know what else I can do in making these little changes." Like I'm going to be honest with you, I like, I bought into the product and I still wasn't like, "ah, I think that's going to be amazing." I was like, "it'll help me." And it helped way more than I thought it was going to help me. I would say this is like 1. Was implementing a property management software and 2. Was implementing tenant Turner. Those are the two things that like made a massive shift in my business for me. [00:12:28] Jason: Nice. [00:12:29] Sarah: And I almost wish I could have told myself like, "Hey, remember when you had 260 units and you were doing it all yourself? You should have been talking to Tenant Turner. [00:12:37] Jason: There was some guy that had mentioned these things to you. [00:12:40] Sarah: I know! [00:12:40] Jason: He's pretty smart. [00:12:41] Tim: I think even if you are in that cheap mindset, like at the end of the day, like vacancy is what's going to cost your owners the most money down the road too. Like one day on the market can cost them anywhere from what, 50 to $200 depending on what they're paying for their mortgage and everything. Like those costs add up and it's as property managers, it's your fiduciary duty to help them recoup that money. And if you're spending too much time on those types of things, even if you're focused on your business and spending time on that, you could still be losing that money by having those extra days on market without this type of system. [00:13:11] Sarah: Absolutely, and I think the conversation that I have with people over and over again is you need to figure out what this particular task is worth in dollars. So if this is like a $10 an hour task, a $20 an hour task, Is it something that you, as a business owner need to be doing? Is your time worth more than 10 or $20 an hour? And if the answer to that question is yes, then you need to not be the one who's doing this. [00:13:35] Jason: Yeah. If a business owner, and a lot of business owners are the BDM, they are the business development manager. They are the person that's doing sales and generating revenue and growing the business. And if you do not as a business owner, have a full-time BDM. [00:13:49] You have somebody focused on this and it's on your shoulders, then you're a shitty part-time salesperson. You're maybe investing, I find one, maybe two hours a day. That's like 10 hours a week focusing on growing the business. And so everything else other than that should be offloaded that you can everything else. Give up the leasing stuff as much as you can, give up the maintenance stuff as much as you can, like you need to be focused on generating revenue until you can offload that piece and focus. Otherwise, you're not going to grow. And if any business owner is listening to this in property management, if you haven't grown significantly over the last year or two or three, it's because you are doing the wrong things as a business owner in the business. Plain and simple, there's no way around that. So we chatted about justifying it for those that are already, they have lots of doors and they're, you know, how do we deal with making things scalable during the busy season? And then things really for leasing tend to really cool down in the winter months. And so what are you typically seeing with clients that come to you that are maybe at a 200 plus doors or it's obvious that you can serve them. [00:15:02] Tim: I mean, even if you do have 200 doors sure, summertime's going to be the busiest, where generally speaking, you could have anywhere from what, five to 12% vacancy rates and whatnot with turnovers and whatnot. During the wintertime, there still might be one or two that hit every month. And what we're noticing with customers that size is that throughout the year we kind of keep things with that month to month rate really low for everyone. [00:15:24] It's based on portfolio size for us. And so most people are keeping that active because even one listing, like you're saying, if you're working on one listing, spending two or three hours on that one listing, even getting to go back and forth with the messages, the emails and everything like that could still be costing you more than what your monthly rate for subscription might be. So a lot of people do keep us going year round and have the lock boxes and things like that in service for vendors and stuff that might need to come and go for properties as well. So, there's lots of different little solutions that we provide there too that kind of help keep the business flowing smoothly, but generally speaking, we're there when they need us and any spot in the road where if it's crazy or if it's just a little bit, we try to keep the system smooth all year for them. [00:16:10] Larry: I guess to add to that so typically when things are slow, usually people are saying, "I'm not getting enough leads." really what they mean is they're not getting enough leads from, you know, Zillow, Trulia, the big networks. And when they come to us and say, "Hey, what do I do? What can Tenant Turner provide?" That's usually when I tell them like, "you're really going to hunker down and how are you going to be different than your competition?" and that's also times when like, you know, "let's look at your website. You know, are you being an industry leader in your market?" So maybe they're not going to the Zillows, but when they search, or, you know, what is your web, your presence in your market? Automation's great and you definitely should automate, but then there's also times to be that personalized touch. So when things are slow, what aren't your competitors doing? If they're leaning really heavy where they can't talk to a person at all maybe you should go to what we call the 'take request model,' where we're automating things, we're pre-qualifying, and then we're setting, you know, a couple days and times. But before an appointment's approved, you get to talk to that lead. And really what you're doing, you're leveraging yourself. You introduce yourself, you say why you're great and you're market maybe some key differentiators. And then you schedule an appointment. And you do a couple things. What I like to say is you're doing what's called a vibes test just to make sure both of you are, you know, a good fit, rather to rent the property and that type of stuff. And also you're making sure they have a heartbeat. Making sure, you know, if you're using self-guided tours, it's another security layer to everything. Because at the end of the day, I'm a big fan of it's the, a book called Rework by the guys who created Basecamp. And the whole philosophy is that it's not that in a world where people saying, "I need more of this," whether it's "I need more leads" or "I need more tools," it's more utilizing the tools that you already have more efficiently. So when we look at things like lead flow, maybe it's not necessarily a top of the funnel problem, it's more of a bottom of the funnel conversion problem. And then when you use personalization to a lot of interesting ways, like I mentioned. [00:18:04] Jason: So one of the things that I think is happening a bit throughout the US and I've had some podcast guests touch on this, is that in some markets-- and I've heard some some property managers anecdotally share this with me as well-- they're having a difficulty getting tenants because the inventory as a result of the pandemic just went up, skyrocketed. A lot of people are like, "Hey, let's build, let's create a bunch of investments." Now there's a surplus of inventory and that creates a scarcity of tenants, and so they're having to get a little bit more aggressive. What strategies Have you guys seen, or you know, because you're connected to a lot of people that are doing leasing, how are they becoming more attractive to tenants than their competition? [00:18:48] Tim: You want to start or? So there's a lot of different things out there, like different solutions, whether it's providing something like a benefits package to your residents, things like that really making your listings stand out. If it's better photography, if it's better marketing in general for stuff. But generally speaking, we are kind of seeing that trend as well, where days on market are expanding a little bit. It's kind of a trend that's-- we were kind of in a goldlock zone for the last couple of years with rentals. Like it's been amazing and pre covid it wasn't ever really like that either. Like that we're kind of seeing the ebbs and flows of the market, and that's just natural in real estate. So, we're coming back to the time where people are like, kind of hunkering down and making sure that their properties are as good as they can be to really attract the best tenants for them. So while there might be a few extra days on market, there's a couple things you can do around there. Like Larry's saying, adding those personal touches in there. Setting up notifications so that as soon as someone gets to the property, you can still have that personal touch by making a phone call as soon as you can see they got into the property. Or if maybe some people are doing a few more in-person showings, if that's the case. Generally speaking, that's putting more time on the property as well, which, like we talked about, costs opportunity costs. [00:20:00] If you got the team to do that, and that's kind of their role as a leasing agent or whatnot, great. They can have that personal touch and then go a little bit further with them. But if you're also focused on self showings having that additional personal touch, some additional marketing on the property or whatnot, I can kind of help draw that process out a little bit sooner. And really with our system, it. We really try to provide as much immediacy as possible. So when someone sees a listing on a site like Zillow, for instance they're clicking request information. We're sending them an email right away that they have the opportunity to come into Tenant Turner and click a link and schedule a tour right away. If they're calling into us, they're not going to a voicemail. They're going to be sitting there waiting three days for someone to respond to. I know that's a trend of the industry. A lot of people have massively filled inbox inboxes that they just can't handle. So tenant leads never hear back from anyone because they kind of pick and choose. We're responding to every single one of those leads as they come in and making sure that immediacy is really driving that engagement. [00:20:59] So if we keep that engagement up for everyone the goal is that, generally speaking, that alone will really help drive. What's, I think there's a statistic out there? If you respond within five minutes, generally speaking, you're going to get 80% more acceptance in terms of a conversation. Yeah. There's that click or an actual phone call, things like that, like providing that immediacy is a massive, and it goes a long way for impressing tenant leads on the consumer side, but also in, in business. We all know B two B sales and even BDMs like calling their owners. As soon as you see a click on a website, you want to call them. So we want to keep that trend going on our side as well. [00:21:33] Jason: Yeah, this is the TikTok generation man. They have attention spans of like two minutes, you know, it's like really short. So I love these ideas. So pushing owners to improve the property I think is a great strategy. Increasing your availability and your responsiveness and that immediacy, quick, beat, slow for sure in business. Increasing the ease Tenent Turner helps with. And then making sure that you are able to be super responsive within the first five minutes. So yeah. Love it. All right, cool. What else should we chat about related to scaling up your process during the busy season? Did we miss anything? [00:22:12] Larry: We got it. I know typically the elephant in the room, so a lot of times, you know, self-guided tours is the golden child of, you know, why you should consider it and how it's helpful, whether it's busy or slow and this, that, and the other. But one of the things that we had is for people that aren't using it and it's like, "I would never consider that or I'm scared to use this or I can never get owner buy-in." And that's kind of always the elephant in the room. I know Tim, you have some very interesting data of, you know, while, you know, like anything in business there are inherent risks, but as business owners every day we are willing to kind of, you know, improve or, you know, try to tackle these risks. And there's usually a pot-- not all the time, but you know, a pot of gold can be waiting for you. So was there any data that you wanted to share, Tim? [00:22:56] Jason: Before we get into that, let's kill that objection real quick. because I hear this all the time too. So I say, "Hey, maybe you should be using Tenant Turner or something like this," and they say, "well, I don't want to do lock boxes." And my response is, "you don't have to." like, there's a lot of benefits besides that piece. In fact, there's plenty of benefits besides that piece. And so maybe you can address that real quick and then we can talk about is that even really a valid concern or not? And are there markets that are better for lockbox versus others? Some are like, "I can never do that in my market. I'll have squatters all over the place." you know, they're concerned. So let's address that, that elephant in the room. [00:23:34] Tim: Yeah. I mean, at the end of the day, you guys know your properties best. You're going to know which areas might have a high potential for negativity happening. Whether it's someone coming in and stealing wires, the horror stories of people stealing appliances and stuff like that. At the end of the day, if someone wants to do something bad, A lockbox or a keyless lock isn't necessarily going to stop someone in that scenario, right? We all know areas where people aren't afraid to break a window and get in, steal a refrigerator. Like the fact that a property isn't known to be vacant is a big enough red flag alone that most people that want to do something nefarious will go ahead and do it. But at the same time on our side of things, if we can block as many of those instances as possible with our abilities to kind of keep track of known scammers and squatters and things like that. We've got some stuff built into our system, but really at the end of the day, if someone wants to do something bad, it's going to happen. But generally speaking, most people that are doing showings, that type of scenario, if you're, you know, your area, if you're doing your own kind of awareness inspections periodically and you're on top of the property yourself, we barely hear of any instances of negativity happening with those scenarios. Like self showings, we can come up with the horror stories, but at the end of the day, in our experience, they are really few and far between and we're not having major issues, at least more than what you would on average. See, with any property that's being marketed, it's vacant. Like that's, it's going to happen. [00:24:56] Jason: And there's some serious advantages because, I would imagine the best defense, period, against all of those type of problems is just getting it leased out as quick as possible. Yep. It's decreasing vacancy, and so if a lockbox can help them get into it right away, get a showing right away, whatever, decreasing the vacancy time is probably your best, you know, defense. [00:25:18] Sarah: Yeah. The other thing I'll add to this too, is if there are people who are kind of scoping out the property and they notice, hey, like every Tuesday at six o'clock people come and then that's it. They're not going to come at Tuesday at six o'clock. They're going to come at other times. Yeah. So if we do have a lockbox on it, and now we don't really know, like when people are going to come because they're coming whenever is like convenient for them. So it might be earlier in the morning or in the afternoon or late at night. We don't know for sure. There's not so much predictability in the schedule. So I think that's something that would help as well is if there's someone who's " Hey, that house over there is vacant. Let's like check that out." But they consistently see people in and out of it, that is a little bit of a deterrent as well, because you never know, like, "Hey, if I go over there because I want to steal that refrigerator, am I walking into someone who's already there? [00:26:14] Jason: Now you can not have a big old sign on the property out front that says, "Hey, this is vacant right now. Do you want to see this?" You know, but you can still market it online without like giving out the address until they're ready to do a showing probably. [00:26:29] Larry: Yeah, so there's some kind of tips and tricks that we've found. So one thing is not advertising it as a self-guided tour. If you're going to use verbiage in the marketing description, use contactless showing. Because that could mean virtual tours, it could mean other things. But really for us, I like to describe ourselves as a closed loop system. because usually leads are only interacting with our platform if they find out through your website or through a syndication site. So it makes it much more harder to shop for homes because they really don't know, you know, but if they inquire, then that's when the automation will engage. Some interesting things, you know, kind of like Sarah said, one thing deterrent is they see activity, but you know, we find that a lead isn't going to put a government Id answer some questions and go through this process. Why would they do that when they could just go to the front door? You could go to YouTube and learn how to pick a lock and under five minutes, and then no one's going to know I'm on the radar. It's so much easier to do that. Especially in the age of TikTok. I'm sure there's a TikTok, within two minutes or less you'll learn how to pick a lock or pop open a lockbox or something like that too. [00:27:34] Sarah: Or break a window. [00:27:35] Larry: Or break a window. [00:27:37] Jason: Yeah, it's a little bit quicker probably. All right, cool. So, how can people get in touch with Tenant Turner and reach out to you guys? [00:27:48] Larry: Yeah, so obviously if they want to learn a little bit about our services, tenantturner.com. My name's Larry, larry@tenantturner.com. Feel free to email me directly. I kind of deem myself as a software nerd so you know, any questions about whether you use this or not, that's fine. You know, I'm always happy to share tips and tricks of how to automate your process, so that's kind of how you learn some more. [00:28:12] Tim: So Larry's on the sales side of things for tenant Turner. I'm on the marketing side too, so if you ever need any additional materials or data and statistics around the self showings, if you want to help market to your owners and whatnot, if you've already signed up with Tenant Turner, happy to kind of jump on that side of things. You can email me at tim@tenantturner.com. [00:28:26] Jason: Awesome. I'm sure that's a big part of it is really if they understand how to sell it to their clients, then that's probably the biggest hurdle. Is just being able to confidently say, here's why this is a good idea and how it's going to benefit you and to sell them on it. So, awesome. Well it's been great having you both here on the show. We appreciate Tenant Turner. We get great feedback on tenant Turner from our clients, so we've always felt very confident pushing our clients towards you as one part of their growth strategy and and I hope you guys have an awesome week. [00:28:59] Larry: Thanks. You as well. We appreciate you guys and thanks for including us. [00:29:02] Jason: All right. So if you are a property management entrepreneur that is wanting to grow your business, reach out to Tenant Turner and make sure you reach out to DoorGrow. We are really good at helping our clients scale if you feel like you need more doors to be able to afford Tenant Turner or to be able to justify tenant Turner. We're really good at helping people do that. Anything else we should add? I don't think so. Let's tell them to join our Facebook group. Join our Facebook group. [00:29:28] There you go. DoorGrow club.com. Join our Facebook group community. We have some free stuff in there. Until next time, to our mutual growth. Bye everyone. [00:29:37] Jason Hull: You just listened to the #DoorGrowShow. We are building a community of the savviest property management entrepreneurs on the planet in the DoorGrowClub. Join your fellow DoorGrow Hackers at doorgrowclub.com. Listen, everyone is doing the same stuff. SEO, PPC, pay-per-lead content, social direct mail, and they still struggle to grow! [00:30:04] At DoorGrow, we solve your biggest challenge: getting deals and growing your business. Find out more at doorgrow.com. Find any show notes or links from today's episode on our blog doorgrow.com, and to get notified of future events and news subscribe to our newsletter at doorgrow.com/subscribe. Until next time, take what you learn and start DoorGrow Hacking your business and your life.
What you'll learn in this episode: Why advertising for professional services is unique compared to other industries How to make the subjective creative process more objective The process behind some of Brad and Larry's most well-known campaigns Why law firms need to be responsive to the changes in the marketplace, and why advertising is no longer optional Why a good website is a nonnegotiable, especially when it comes to hiring and retention About Larry Cohen: Larry Cohen is the president and co-founder of advertising agency Glyphix. His vision of a small agency of talented, skilled professionals doing great work for great clients is what drives the group. He's a writer. Copy. Scripts. Children's books. In addition to his work with clients, he understands the financial side of their investment in Glyphix…and keeps Glyphix financially strong and stable. About Brad Wilder: Brad Wilder is creative director and co-founder of Glyphix. Art direction and design are his thing. The national and international awards he's won prove the point. Awards for almost everything… corporate identity, advertising, packaging, in-store merchandising, display and trade show booth design, interfaces, for clients like Nestlé, Mercedes-Benz, Baskin-Robbins, Xircom and Disney. He's also a tech geek. Transcript: In the legal industry, advertising has done a 180. What was once considered tacky is now a requirement. And according to Larry Cohen and Brad Wilder, co-founders of advertising agency Glyphix, if you're going to advertise, you better make it count. They joined the Law Firm Marketing Catalyst Podcast to talk about how to make the creative process run smoothly; why a strong website is a critical part of attracting top talent; and why even the best brands need a refresh from time to time. Read the episode transcript here. Sharon: Welcome to the Law Firm Marketing Catalyst Podcast. Today, my guests are Larry Cohen and Brad Wilder, who are some of the professional forces behind Glyphix. Glyphix is an advertising agency which works across all genres but has particular expertise in the professional services space. They're specialists in all kinds of advertising, websites, print, etc. I say specialists because they're specialists in having their work stand out from the crowd. We will learn more about Glyphix today. Larry and Brad, welcome to the program. Larry: Thank you very much for having us Brad: We're glad to be here. Sharon: We're so glad to have you. Each of you, give us your career paths just briefly. Larry: Interesting question, because our career paths are almost exactly the same in the sense that— Sharon: Larry, that's you speaking? Larry: Yeah, this is Larry. Brad and I met in high school at Hamilton High School in Los Angeles. I was a writer for the school paper. Brad was the photographer and designer, and that's where we met. After college, we got together and began working for an advertising agency called Mendelson Design. Back in 1986, when the Mac came out and gave us the tools to do a lot of great creative work for a very affordable price, we decided, “Hey, let's start our own new agency.” We've been together since 1986. So, it's been a very similar career path. Sharon: So, you've known each other a long time. Brad: Longer than we've known our wives, yeah. Sharon: Can you tell us what Glyphix does in general? Larry: In general, we do professional services-focused, full-service advertising, some marketing, no PR. We try and delineate those two things, but it's soup-to-nuts advertising from brand building to SEO and social. Brad: The bottom line for us is really helping our clients position themselves in the marketplace against the competition and keeping them ever-present in the minds of their potential customers and clients. That can start with the strategy, and then from there move right through to naming their websites, logos, branding, TV advertising, print. All those are different tools we have at our disposal to keep our clients front and center in front of their clients. Sharon: How do you describe each of your roles at Glyphix? Are they the same? Larry: No, our roles are very, very different. I came out of university with a business degree. So, for me, it's the business, dealing with clients, doing some copywriting. Brad is our creative director, so he runs the creative. Whether we're designing websites, shooting TV commercials, doing print ads, Brad's the guy that runs the creative here. I think it's one of the reasons we've survived together, as we have a good delineation between who does what with respect to each other's talents. Sharon: That is a good delineation. You're not crossing over on each other. Brad, the first time I ever saw the agency was when you did something—I can't remember which company it was for—it was advertising an x-ray. It was for a healthcare law firm. Brad: It was for Fenton Nelson which is now Nelson Hardiman, health-care attorneys. What was the question? That was a great piece. It was so radically different at the time. No one had ever done it before. Sharon: It was radically different. It was for healthcare marketing attorneys, as you say, and it really stood out. Brad: To give some background on that, Fenton Nelson is a healthcare law firm specializing in all things healthcare. They wanted direct mail, not digital, but they wanted it to completely stand out. We actually shot x-ray film with a design that became a direct mail line. It was a full x-ray in an x-ray envelope. It was sent to all the healthcare agencies on their call list. It was 10, 15 years ago, and people are still talking about it. Sharon: So, it was a real x-ray? Brad: Yes. Larry: We actually had to source x-ray film. Sharon: How did you come up with that? Larry: That's a great question. We came up with it because Brad and I always try to look for what makes a client unique, what makes them special. In this case, we interviewed Harry Nelson and his staff and they said, “We could go to any healthcare facility. We can walk through the facility and see what their issues are and where they're going to get in trouble. We see things that other people don't.” That gave us the idea that an x-ray allows you to see things other people don't. That gave us a positioning line for the firm, and it was, “We see things other firms don't.” It was a positioning that said, “We're unique because our experience and expertise allow us to help our clients.” In that case, it was to help healthcare clients, hospitals, and facilities stay out of trouble. It really came out of the client organically, and that's what Brad and I tried to do. I think we're good at helping clients find a position for themselves, find the thing that makes them unique. Are you the most expensive? Are you the most experienced? What is it that you're the best at, and how do we translate that into a creative message? Then, how do we get that in front of our potential clients? Sharon: Do you tell the client that even if they don't ask for it? Do you tell them what you're working from? Larry: Yes, absolutely, because we want to educate the client. I think clients find it exciting. People love hearing stories, and every firm, every client has a story to tell. The trick is to find that story. I have to uncover that and deliver that story. It's compelling. You think about great brands. Most of them have a story behind it: why the company was started, what problem you are solving for your customers. That's what customers and clients care about. Nobody cares about what you do. They care about what you can do for them, how you make them successful. Our job is to translate what you do into why somebody should care. Sharon: Is that how you got the name Glyphix? Is there something with Glyphix that tells clients that? Larry: It was painful naming. We're a creative firm, so we have to have a creative name; we have to do things differently. We went through hundreds of names. We kept focusing on the name “glyph” as in a hieroglyph. It's using a picture or several pictures in a row to tell a story. At the time, everything that ended in X was much cooler, and we just stuck with Glyphix. Even our logo is a little “GX” man—it's on Glyphix.com; check it out—that tells a story through pictures and simple storytelling. Sharon: I was thinking this while I was looking at the website. You have these very simple line drawings that tell what you do. Was it you who came up with that, Brad? Larry: Are you talking about the video? Sharon: Yeah, the video. Larry: We typically come up with work as a team. At Glyphix, we have a great bunch of people who work together as a team. At the time, we had a gentleman, David Allman, working with us. I think David and Brad came up with that idea. Then we had it animated, and we had a wonderful gentleman who did the voiceover. We wanted a very simple way to explain what we do to people. Sharon: As I was looking at it, I thought it was great, but it's like, “How do they come up with it?” I don't know if I could have. Larry: We're very glad that other people can't do it; otherwise, we'd be out of work. Sharon: If somebody says to you, “What does the firm specialize in?” do you have an area you specialize in? Larry: I'm not sure about the word specialize. We do a lot of work with professional services firms. We understand how they function and how they work. We work with dozens and dozens of law firms and accounting firms, helping them craft their position, understand the brand and keep it in front of clients. Ballard Rosenberg is a firm out here in the Valley. We keep them in front of their clients by keeping them in the business journals every month. For other firms, we'll get them on television. For others, we'll put them on KCRW radio. For us, it's helping our clients manage their brand. For others, it's evolved into websites and doing some social media for them. I think nowadays people are so busy, it's difficult to keep up with everybody. The key is keeping our clients front and center in the minds of their clients so when a need comes up, they remember them. Brad: And I should say we don't do only professional services. We just happen to be very good at it. Professional services, especially with law firms, they bring their own special challenges, and we've learned to work around those things. You often hear that working with law firms is like herding cats. We've gotten pretty good at herding cats, but we handle many other firms. Our newest onboard is an AI and machine learning company. It couldn't be any more different than law firms, and the approach is very different from law firms, but again, we're looking for that story, that one thing they do best. Sharon: How would you say that working with professional services firms is different than working with a products firm, let's say? Brad: It's super different, because with professional services firms—I don't mean this in a negative way, but there's a lot of ego involved because it's personal. You're talking about selling the people. With a product, you can get some distance in between them. I can go to a CEO or marketing group in a firm and say, “Hey, your product is this and that. Here's the audience. Here's how they're going to respond.” There's some objectivity you can bring to that. With professional services firms, it's very, very personal, especially when you get in a room with three, four, five partners of a law firm. They all have opinions. They're all valid, but they're all personal. Imagine taking five lawyers at a law firm out to purchase one car. You'd come back with a motorcycle. They have very strong opinions. They're always very articulate. They're very bright folks, so they all have valid opinions. Trying to get to a consensus is oftentimes difficult, as opposed to a product that stands on its own. Instead of telling a story about the product, you're telling a story about the people at the firm, and you have to get them over that hurdle. The firm itself has a brand and that brand stands for something. If you can get to that point, they can put their own personal biases aside and do what's best for the firm, but that's a challenge sometimes. Sharon: I'm sure that's a challenge if you're dealing with ego. How do you overcome that? If you have a managing partner who feels one way and a senior associate feels differently, or if you're talking to an equity firm and the driver feels they're going one way and the other people are going another, how do you overcome that? Larry: It's a great question. It's challenging. You can start by listening. Hopefully, we can spend the first meeting or two really listening and coming back to them with a creative brief that says, “Based on all the input we've received, this is what we're hearing. This is the direction to go in. Do we all agree on this?” We'll never start a design, whether it's a logo or a website or an ad campaign, until we understand who we're talking to, what we're trying to say, what our goals are. We try to get them all on the same page. That's the first hurdle. The second hurdle is when you show creative. Creative is subjective in nature. People like blue, but they hate green, and they like flowers, but they don't like butterflies. Who knows? With that subjectivity, we try to bring objectivity to this process by saying, “Based on what we heard, this works well for you. Here's why these colors work well. Here's why these graphics work well. Here's why this typestyle works well.” We bring objectivity and some rationale behind the design, but again, you can look at a painting and you can love it or hate it. It may be a Rembrandt, but you may still hate it. It's hard, and you just take time. Sometimes these projects will go on for months and months because they're debating in-house or they're busy. We do our best to keep moving things along and trying to get to a final answer. Brad: In addition to that, I think it's partly common ground. If you have a lot of partners and they all have strong opinions, it's sitting down long before any creative and discussing likes and dislikes, because personal likes and dislikes are every bit as valid as any other design criteria. In talking with you as long as possible, we try and pick out the common ground they all agree on to start with and then build outward from there. We build on the common ground and the trust that's been created in the initial discussions. Then that's where, as Larry was saying, we try and make it as objective as possible in a very subjective industry. That's one of the biggest challenges about being in advertising. Sharon: I bet it's a challenge with a lot of professional service industries. Are you ever the order takers, as we sometimes get accused of being? Do people call you and say, “We need a new website,” and you go in thinking, “O.K., let's look at the website. We may not need everything new.” Larry: I would say definitely not. In fact, we've lost business in the past by saying, “This is not what you need.” I feel like our responsibility is to talk to the client and say, “Based on your goals, here's what we suggest.” Now, if you want to ignore that, O.K., we can do what you're asking us to do. But I'll always give a client our best advice right up front, because otherwise I don't think we'll be successful in the long term, and they won't be successful. That doesn't work for us. Most of our clients we've had now for, some of them, five, 10, 15 years. I think they know we will make the hard call and give them good advice. We may not be so popular, but I think in the long run, it serves them well. We try very hard to avoid being order takers. We always say, “If you ask for this, we'll give you that, but here's what we think you should do as well. Here are both options for you.” I always want to feel good that we gave the client the best thinking we could, even if they want to make a bad decision. That's up to them, but I want to give them an option and say, “Here's another way of going. What do you think? Brad: We will never do only what the client asks for. I don't want that to be taken wrong, but if they ask for something very specific, if they've got something in their mind they want to get out and see how it looks, we're happy to help them with that process. But we're always going to give another opinion or two about a possible better way to get them thinking in larger spheres or in different directions. Sharon: Do you think it's possible to rebrand? If everybody has a brand in their mind, is it possible to change that? Brad: Oh, absolutely. Brands evolve constantly. If you look at the big brands, the Apples and Cokes of the world, they're constantly evolving and changing and staying current. We do that very often. We just finished a project for Enenstein Pham & Glass, a great law firm over the hill in Century City. They wanted to tighten the name up to EPG. We had a great project we did with them. We redid the logo and updated collateral materials. I think firms constantly need to be responsive to the changes in the marketplace. They need to stay fresh. Law firms oftentimes say to us, “We don't need a website because nobody checks our website.” Well, the truth is when you're hiring, that's the first place they go. We've been working with a lot of our law firm clients and accounting clients so their site is designed in part to attract young talent, to bring people on board. Your website is your calling card. It's your office. Everybody goes there and checks it out just to validate who you are. Oftentimes, you have to understand who is going there. If you are looking to hire, which every accounting firm we know of right now is looking desperately to hire talent, that's where talent goes. They check out your site and get a sense of who you are. Larry: And to see if it's some place they want to join. The better the candidate, the better the website should be to impress in both directions. Most people think of a website as outbound. I don't get new business from my website, especially in professional services. It's usually word of mouth. But they're always going to validate, and that validation has to be up to date. It has to be modern. It has to be credible for every law firm, and everybody knows this. For 20 years, the professional services industry has been going through upheaval after upheaval because it came from a time when law firms, if they advertised, they were shysters. Now more than ever for law firms, you have to think about marketing and social and putting your best face forward. That's a huge turn of events, and I think some law firms are still having trouble getting used to that idea. Sharon: Do you think that in any professional service there's room for traditional advertising, for print, for newspaper ads or magazine ads? Is there room for that? Larry: Oh, sure. I think they all complement each other. As I said, for Ballard Rosenberg, we keep them current. They represent companies in employment law cases. So, for that firm, we keep them in front of the L.A. Business Journal, the San Fernando Valley Business Journal and some other publications where businesses are looking, where CEOs are reading those publications. I think there's definitely room for that. For other clients—I'll give you an example. With direct mail, people think, “Why would you use direct mail for a law firm?” Well, we've got a number of law firms who don't want to do traditional advertising, which I completely respect. They have a list of 5,000 clients they've worked with over the past 10 years who they don't normally talk to. We put together a concept called an annual review. It's an annual report that goes out, basically. It's not the financials, but it's a yearend review on what happened at the firm this past year. It talks about cases they've won and publicity and pro bono work and new hires. It's a lovely booklet, and it goes out at the end of the year to 5,000 clients. Suddenly, it's a non-advertising way to get in front of all those clients you've had in the past, remind them of who you are, remind them of the exciting things going on at your firm and why they should do business with you. We've done this for a number of firms and they've gotten tremendous response. People say, “I love this. I get an update on what's happening at the firm.” It's a very non-solicitous advertising piece, but it still an advertising piece because it communicates what's going on. It's a communication tool. I think it's traditional because it's direct mail, but it's been tweaked a little bit to be more contemporary. All these things combine to deliver an impression to your clients. Sharon: That's interesting. Given the amount of direct mail I receive, my first reaction to what you're saying is, “Who would do direct mail today for any kind of marketing?” But I guess a lot of people do. Larry: I think the key is to do it well. I agree with you. You get a lot of crap in the mail. 90% of it is garbage. Our job is to make sure that whatever we do, like that x-ray we did for Harry Nelson years ago, it's got to stand out. We've done those campaigns for law firms. We have a lot of nonprofits we work with. Whenever Brad and I do a direct mail campaign, we always push the pedal to the metal on creative. How out there can we be to get some attention, whether that's headlines, colors, different sizes, different materials? Brad and I have sent things out in tubes before. Brad: Even bubble wrap. Larry: The direct mail piece was sent out in bubble wrap because they were an insurance company. It was about protecting yourself, so it went out in bubble wrap. People went nuts. They were like, “This is so creative. I had to open it. I got a piece of bubble wrap in the mail. I had to open it up and see what was inside. You got me. I gave you the 10 seconds to read it.” So, I think the trick is to get creative. Sharon: That makes a lot of sense. Brad, when it comes to picking the right photo, you did a little booklet on your website. What do you think about when it comes to picking the right photo? What do you both think about? Brad: Actually, that one was very specific. That wasn't actually about photo composition choice. We tried to educate our clients about aspects that are really different with digital advertising. The biggest problem we've had over the last five, six years is responsive web design. Every screen has a different ratio, a different dimension, a different pixel count, and website elements move depending on how big the screen is. Most people think of websites as the old desktop publishing page layout, where you put everything in. Then, if you want to move it around, it's going to stay exactly the same, like a print piece. The web is not that way at all anymore. It is completely data-driven and responsive to the screen size. It's a phone up to a 32-inch monitor. It still has to lay out properly, but it's not the same. So, we had this issue with photos. People would pick the exact cropping of a photo they liked, and it would have things on the edges and the corners of the photo that were very important to the composition. When we put it in the website, when the website responsive design would change for different screen sizes, the photos would crop differently and something that was important on the edges would get cut off. It's a very difficult concept to understand, that even a webpage looks different on every screen. It's a difficult concept for everyone to deal with. I know people in the industry who still have trouble with it. So, that booklet was to try and help clients understand that digital technology is not the way it used to be and there are adjustments that need to be made in that area. In terms of regular composition of photos, we generally do it for the client. We alter it. We choose stock photos, and we work with them to find the photo they like. We are always keeping an eye on the images we give them to make sure they are proper for the branding with their approval. I totally forgot about that being on the website. Sharon: How do you keep current? As you said, it changes so quickly. Brad: Neither of us wants to answer that. It is insanely difficult. I personally spend probably eight hours a day in addition to work trying to keep up. I'm not the spring chicken I used to be, and it's getting harder and harder, but I love the industry. In fact, I love the web far more. I grew up on traditional advertising. I've done print. My first job was for a print company, actually, on the presses. I know traditional, but I prefer digital. It's more free flow. It's more creative. Sometimes, when things have a lot of hard parameters, you have to get super creative, and the web has a lot more parameters than print. I love it. I love being in it, but it's starting to vulcanize a little bit where you need specialists. There are specific SEO specialists now in different areas. Social has become an industry in itself. We used to do it all in-house, and it's starting to get too complicated to do that. So, we find the best we can. We don't do PR, but I love the industry. If I didn't love design and trying to make companies look better, I wouldn't have been doing this for the last 30 years. It's barely better than ditch digging, but I really love it, as an old partner of ours said. Sharon: You have to love it. You have to bite the bullet, I suppose, to keep abreast of everything. Brad: Absolutely. Larry, on the other hand, he wants nothing to do with technology. So, we keep him doing what he does best, and we try and educate him as best we can on the fly. But we have developers in-house, we have designers in-house, and all of them have to be more up to date on the nuts and bolts of digital marketing than you did before. It used to be that a designer had to know how to create something that will print correctly, but he didn't have to know how to do the printing. Now, you have to learn a little about coding and what coding platforms there are for web and for social and APIs and all of that stuff. It's getting into the weeds, but once you grasp it, it's actually fascinating. It really is. Larry: You're talking about technology. Once we thought we had it all figured out and websites were a piece of cake, then the ADA comes along. Now you have ADA compliance issues. You have to really understand what ADA limitations are in terms of fonts and colors and be responsive to that. Technology is always going to be encroaching on the creative aspect. You have to learn how to balance the two of them. Sharon: I agree with a lot of what you're saying. You do have to balance, and it seems as soon you've learned it all, it changes. Let me ask you before we end, because you did write something about this. How do you know if your logo sucks and what do you do about it? Larry: That's a tough one. It's hard to go up to someone and tell them their logo sucks. It's like telling them their baby is ugly. They may love the logo or hate it, but if you say something about that, they're going to take it personally. They should take it personally. Your logo represents you and your company, especially in professional services, and very few friends are going to tell you your logo sucks. That's just the way it is. When someone's building a company and building a brand, you don't want to tear them down if you're a friend. So, the best thing to do is get a third opinion. Get an objective view. Every design firm, every ad agency will be more than happy to do a quick review of your identity. Every marketing design firm is going to have a different opinion about it, but they will be as objective as possible within their preferences. There are design rules that can't be broken. So, if it breaks design rules, the logo needs work. Brad: Things also just get dated. I'll go back to the Cokes and the Disneys and the Apples of the world. These are companies that don't need to change their logo, yet they do because society evolves. Things change, and you want to look progressive and contemporary. I think even just a logo refresh is a great idea. You don't have to change the whole thing, but maybe bring it up, make it current. Fonts change. Colors change. There are lots of ways to refresh a brand. Plus, it gives you a wonderful opportunity to go back to your clients and say, “Hey, check out our new logo. Same great commitment to service, but a new logo reflecting whatever it is.” It's a nice way to take a new look. It's like painting your house. It gives it a new, fresh look. Sharon: Larry and Brad, thank you so much for being with us today. You've answered a lot of questions and given us a lot to think about. Brad: It's a pleasure. It was great. Larry: Thank you very much. I appreciate it.
Theo and Leona of the World Bugle (Team E-O to you) return for another scoop. (they originally appeared in Cultists Stole My Baby!) Written and produced by Julie Hoverson Cast List Theo - Henry Marks Leona - Robyn Keyes Chief - Julie Hoverson Larry - Dave Fontenot Baby Dali1 - Julie Hoverson Baby Dali2 - Risa Torres Baby Dali3 - Danar Hoverson Waitress - Sirena Raine Melody - Tanja Milojevic Harmony - Cailean Evedus Other Dalis - Marleigh Norton, Kat Pryde, Gwendolyn Gieseke-Woodard, Kimberly Gianopoulos, Kimberly Poole, Brittney Cruz Music by Josh Woodward Dali Song - Music by Reju (used under creative commons license), words by Arthur O'Shaugnessy, Sung by Julie Hoverson Editing and Sound: Julie Hoverson Cover Design: Julie Hoverson "What kind of a place is it? Why it's an infamous newsroom, can't you tell?" **************************************************************************** Whatever Happened to Baby Dali? Cast: [Opening credits - Olivia] Chief Theo "Smoothie" Walsh Leona Pope Dali 1 Other Dalis Melody Harmony Waitress Larry Four Reporters OLIVIA Did you have any trouble finding it? What do you mean, what kind of a place is it? Why, it's a notorious Newsroom, can't you tell? MUSIC SCENE 1 SOUND bullpen REPORTER 1 So your sister said - oh, not YOUR sister, a NUN named SISTER. REPORTER 2 Drinking the vinegar counteracts the toxins in the system due to-- REPORTER 3 Fourteen people just vanished? Were you on any mind-altering substances? REPORTER 4 Yes, if you spell it backwards it certainly does make the word-- SOUND DOOR CLOSES THEO Chief? I - uh-- [breaks off in horror] SOUND RUSTLE OF TAFFETA CHIEF Whaddaya think? THEO [freaked out] Are you... getting married? [squeak] In white? LEONA [quiet] Are you really asking? THEO Uh-- CHIEF Nah - scared ya didn't I? THEO Uh-- CHIEF Don't worry. I'm still eligible. THEO Uh--? LEONA Back away. Don't take your eyes off her. CHIEF Whaddaya think? It's a little tight in the gut. Gonna have to cut some of them carbs. THEO [trying] Yeah. That would do it. CHIEF At least I got the shoulders to pull off strapless. Hey, where you going? THEO Uh--! LEONA Eager to get to work. You know these young pups. CHIEF Good attitude. Interview room 3. THEO Oh, good! LEONA [side of her mouth] Quick. SCENE 2 SOUND DOOR SHUTS THEO what was that? LEONA It's June. THEO And? LEONA Happens about this time every year. THEO Why? LEONA Bridal feature pull-out? I don't know! [hissed] I don't ask! [commanding] Room 3. THEO Oh, right. SOUND DOOR OPENS LEONA You go first. THEO Right. [a beat] Holy cow! It's her! LEONA Chief doesn't move that fast. Especially in a train. THEO No, I mean - I mean - It IS you, isn't it? DALI 1 Is it safe here? THEO Why does everyone ask that? LEONA Who does he think you are? DALI 1 I'm - I'm Baby Dali. THEO I knew it! I love your music. LEONA We don't do publicity stunts. C'mon, Smoothie. SOUND HUSTLES HIM OUT OF ROOM, DOOR SHUTS THEO We don't? LEONA Of course we do. When we arrange them. Part of our job - your job - is to protect the Bugle from being used for anyone ELSE's cheap publicity. THEO Oh. But Baby Dali's been missing for fourteen days! LEONA Probably in rehab. THEO No! No one knows where she's been! If we could break the story-- SCENE 3 LARRY Hey! You'll never guess who I just took a call from! THEO Ratboy? LEONA State mental health board? LARRY [gloating] Baby Dali. She's ready to come home, and called US to break the story! THEO Wait, but she-- SOUND SLAP LEONA [covering] When did she call? LARRY Just now. THEO Where did she say she was? LARRY Hah! No way. This is MY scoop! [running away, laughing] My ticket out of the bullpen! [stops, turns back] Hah! THEO That's ... sad. LEONA Yeah. Send a stripper. Come on. THEO Where are we going? LEONA [exasperated] Room 3? THEO Aha! SCENE 4 SOUND DOOR OPENS LEONA Sorry about that. Had to do some quick fact checking. THEO Yeah! Make sure you're really.... [melting] Really her. DALI 1 Precisely the problem! Proving I'm her! I mean me. LEONA [muttered prompt] Oh? THEO [gasp] Oh? DALI 1 I'm plagued with posers! LEONA [sigh] Aren't the solid black sunglasses and white fright wig a bit of a giveaway? THEO [infatuated] I knew who you were the moment I saw you. DALI 1 You have a nice face. THEO I do? LEONA My colleague will now take notes. SOUND PEN, PAPER, SLAPPED DOWN THEO Yeah.... MUSIC SCENE 5 SOUND IN CAR THEO Where are we going? LEONA Following Larry. THEO Who? LEONA [disgusted sigh] THEO [getting it] Oh, him! How do we find him again? LEONA He hasn't left yet. THEO How do you know? LEONA I ordered donuts. DALI 1 Oh! LEONA Shh. You're not here, remember? DALI 1 [singing] I swear! THEO Why is she hiding in the back seat under your gym bag? LEONA One - so she won't be seen, since she won't take off that wig. DALI 1 It is my own hair! LEONA Like hell. I saw it shift. DALI 1 It is a wig - but it IS my own hair. LEONA [shudder] uhhhhh. THEO And two? LEONA Two what? THEO You said that was reason one. What's two? LEONA So you can focus, dumbass. THEO Oh. LEONA There he goes! Keep your eyes on the green Camaro. THEO Camaro? LEONA [growl] Green car. Coming out of the parking garage! THEO Gotcha. MUSIC SCENE 6 AMB PARK LARRY [giving a code phrase] The dog flies in the springtime. DALI 2 [squeaky] Yellow is the color of my true love's eyes. LARRY You sound... different. DALI 2 I use a voice modulator on stage. LARRY Ah. So. The world is listening. Tell me your story. DALI 2 Listening? Aren't you from the print media? LARRY Oh. Yeah. I was speaking figuratively. DALI 2 I see. Anyway... I have a really big story, but I have to be certain it will see print! LARRY Of course! SOUND FOOTSTEPS STORM UP DALI 1 Imposter! DALI 2 Imposter! LEONA [off, whispered] I thought you were watching her! THEO [vague] Uh-huh. LEONA Go get the story dumbass. THEO But you? LEONA I can take photos from here. THEO [vague] Okay. SOUND SLAP LEONA Did I mention I'm not giving warnings any more? LARRY [angry] You? No way! The tale of two Dalis is all mine! THEO I - we - brought one of them. LARRY Then dance with the Dali you came with! It's only fair! DALI 1 She's a fake! DALI 2 She's a fake! THEO Waitaminute. You don't even sound like-- BOTH DALIS Autotune!! DALI 3 [chiming in] Autotune. THEO Oh. Huh? Three? MUSIC SCENE 7 WAITRESS All, righty then - that will be 3 orders of waffles, three fruit cups- ALL DALIS It's the only thing vegan on the menu. WAITRESS And two pots of coffee. Comin right up! SOUND DOOR OPENS SOUND DINER NOISES SOUND DOOR SHUTS, CUTTING OUT THE SOUND LEONA [prompting] Ok, this isn't going to last forever - someone will say something, eventually, and then these three won't be an exclusive any more! LARRY Exclusive to all three of us. I get my credit, too. THEO Of course! Fair is fair. LEONA [muttered] I got your credit right here. DALI 1 Can we get on with this? DALI 2 I have a recording session in two hours. DALI 3 No, I do. DALI 1 How can they be so much like me? LEONA Ask them some questions - figure out which is the real one. THEO Right. Ok. Which of you is the real Baby Dali? ALL DALIS I am. DALI 3 Or should I say [singing] I am me and no one else is. LARRY Sounds convincing to me. LEONA I think that one's a guy. THEO That doesn't help... there's been "speculation" about Dali. LEONA [disgusted noise] Ugh! At least let me get some snaps while you think. SOUND TAKING PHOTOS THEO Gee, they even pose alike. LARRY I guess it will all come down to DNA. THEO I don't think so. Dali is a notorious germophobe, and a compulsive clean freak. [nervously over explaining] According to her official web page, which I only browsed for informational newspaper business reasons. LARRY Yeah, me too, but I didn't read much. Those costumes are pretty skimpy. THEO Don't be so creepy, not right in front of her - uh, them. SCENE 8 SOUND DOOR KICKED IN THEO Whoa! LARRY [faints] Uhhh... LEONA I'll be in the... uh... Corner. THEO Stop right there! MELODY You're not giving orders here! HARMONY Yeah. Get those hands up where we can see them. LEONA Keep them talking, this is great. THEO Talking? LEONA Find out what they want. THEO They're dressed like ninjas. MELODY What did you say? THEO Nothing! MELODY I heard you, and I have perfect pitch. THEO oh. Nothing ... uh... uncomplimentary. MELODY [getting closer] Do you know who we are? LEONA Say no. THEO Uh, no? and - and I don't want to, because that way I can never identify you or even report you for robbing a waffle house! MELODY [scoffing] Waffle house! HARMONY We care nothing for your waffles. THEO Uh, ok. ALL DALIS We're having the fruit cup. MELODY No. No fruit cup today. You are coming with us. Just you three. LEONA You can't just leave us here. We might-- [prompting] might--? THEO Uh, what? LEONA We might [prompting] do something? Ugh! THEO We might tell [heavy import] THEM. MELODY [horrified] How do you know about THEM? LEONA I'm actually impressed. THEO oh... Everyone knows about THEM. But only a select few know how to reach THEM. LEONA Smoothie. MELODY [grim] right. You will come with us as well. HARMONY What about the sleeping one? Does he know THEM? LEONA Oh, him? He doesn't know anyone. MUSIC SCENE 9 SOUND WALKING, ECHOEY MELODY Stop! THEO Can we take off the blindfolds now? MELODY Harmony! Take off the blindfolds. And search them. We don't want any messages getting to THEM. SOUND RUSTLING ALL DALIS [general interjections of annoyance like Hey! Stop! Ouch! Ooh!] HARMONY Give me your phone. LEONA Here. SOUND ZIP HARMONY What's this, in your bag? [confused, examining a camera] It has a lens like a phone, but it's awfully big. And it doesn't even have a keypad. LEONA Hmph. It's an antique. Keepsake. I keep meaning to have it mounted on a keychain. HARMONY It's big for a keychain. LEONA [exasperated] I'll never lose my keys. Besides, I still use the flash... uh - flashlight function sometimes. See? SOUND CAMERA SNAPS HARMONY Oh. Ok then. And you. THEO Be gentle. LEONA [sarcastic aside] Be careful. At least she left on the ninja mask. [up, to Theo] find out what's going on. THEO Harmony, is it? A codename, I'm sure, since you and your partner there are clearly too smart to use your real names in front of your victims - I mean in front of civilians. HARMONY [noncommittal grunt] Hmph. THEO All right. I'm not asking for me, but what do you plan to do with the Baby Dalis? I worry that something bad is going to happen. HARMONY Nothing bad. To them. THEO That's a lower case "them," right? Not a THEM them? MELODY Enough chit-chat! You probably know why we brought you here-- LEONA Not a clue. THEO No. MELODY We are the Secret Protectorate Aligned to Reduce or Control Leaching of Entertainers. THEO Leaching? Huh? MELODY We needed an "L". LEONA Sparcle? [snort of almost laughter] THEO Tell me more. I'm a good listener. MELODY You don't know it, friend, but there's a celebrity crisis happening every 20 minutes, and no one else is trying to help! THEO No? Really? MELODY That - those three - are proof of the latest perfidy the government has in the works. ALL DALIS We are? MELODY [definite] Cloning. THEO Wow. ALL DALIS Uh... DALI 3 [panicked] I need to use the bathroom. MUSIC SCENE 10 [Whispered conversation] DALI 1 Yes, my disappearance was a publicity stunt, and yes I am the real Baby Dali. LEONA Heh heh - just like To Tell The Truth. DALI 2 What? LEONA God I feel old. THEO And the other two - you and ... her? DALI 2 Professional Dali impersonator. I was just taking advantage of the vacuum left by her-- SOUND DOOR OPENS, FEET ENTER DALI 3 [crying and running in] MELODY Do not worry, Baby Dalis, we are only here to liberate you and facilitate your re-entry into society. LEONA Like a celebrity dogpound. THEO Wait! MELODY What? THEO Uh-- LEONA Better make it truly, monumentally good. DALI 2 Way to take the pressure off. THEO Uh, what if I were to tell you I'm a reporter for the Weekly World Bugle? MELODY I would be forced to kill you. HARMONY We're not yet ready to reveal our manifesto to the world. THEO Ah. Good thing that would have been a ruse, then, eh? LEONA We're gonna die. THEO But you have to ask yourself, then, how DO I know about THEM? Moment of silence MELODY [cold] I don't have to ask anything. HARMONY [shocked] Melody! You know that we can't do that! [cut off] MELODY Shh!!! How do I even know that you know about THEM, eh? LEONA I do not want to die at the hands of bimbos named after the bugaloos. THEO [ominous but vague] Do you know about the government connection? MELODY [shocked] You know? THEO But it's not who you think it is. They want us to believe it's this department, or that [hinting] bureau, when ultimately... [trails off suggestively] HARMONY He does know! THEO The officials in question might just find themselves a little less able to sleep at night, if they knew that you knew that I know that THEY know just what's behind it all. MELODY Do you know the countersign? THEO Like that incident last month. [breaking his train] The what? LEONA [muttered] Bugaloos. THEO What? MELODY [suspicious] It almost sounds like you're one of us. Do you know the countersign? LEONA [muttered] Benita Bizarre? THEO Uh... Josie and the Pussycats? LEONA [exasperated] Damn! MELODY Welcome brother! LEONA [impressed] Damn! MUSIC SCENE 11 AMB DIFFERENT ROOM SOUND STEPS MELODY Don't speak yet. SOUND MUSIC TURNED ON MELODY It jams any listening device. THEO I love this song. MELODY It seemed fitting. [suddenly brisk] So. What do you know about the cloning project? THEO Uh... nothing specific. We've had our eye on suspicious activity for quite some time. MELODY Damn. I was hoping. THEO But-- MELODY What? THEO Well... I don't think they can be actual "clones". Don't they take years to grow? And Baby Dali only really got famous with her song "Treehouse victim" last year. MELODY You underestimate the cloning process. The technology is there. THEO Oh. But they're not... perfect copies...? MELODY That is the trickiest part. They are clearly mixing DNA. THEO Clearly? MELODY Yes. The squeaky one is probably mixed with that creepy chick from Poultergeist. THEO Ri-i-ight. And the other? MELODY [definite] Morgan Freeman. THEO Uh, yeah. SOUND DOOR FLUNG OPEN HARMONY (breathless) We've found more! There must have been a breach at the Baby Dali containment center! THEO Containment Center? MELODY They had to breed them some place. THEO Tell me, do you guys see a lot of Elvises? MELODY How many? THEO Thousands. MELODY No, I mean how many Babys have we found? HARMONY Four more, and another 8 possible sightings. THEO That's a lot of Dalis. MUSIC SCENE 12 SOUND DOOR OPENS, SCUFFLE SUDDENLY STOPS SOUND FEET, DOOR SHUTS THEO What are you doing? DALI 2 I want to take this all off and get them to let me go! But they won't let me! LEONA Naked? That'll be a photo op. DALI 2 Just the makeup and wig! DALI 1 Never tarnish the illusion. THEO Don't! Their belief in this clone thing might be the only thing keeping us all alive. DALI 3 Besides, I can't take it off - I've had surgery. THEO [creeped out] Oh? DALI 3 For my FACE. Not down there. That's probably what started all the rumors. DALI 1 I love the rumors. DALI 3 [starstruck] You do? Really? LEONA Shh! SOUND SILENCE, DOOR OPENS HARMONY Get in there! SOUND SEVERAL PAIRS OF FEET LEONA More? THEO Oh, yeah. They've been finding more of them. SOUND DOOR SLAMS, LOCKS DALI 4 They took me right off the stage! DALI 5 I was on a date. DALI 7 Busking in the subway. DALI 8 [bad asian accent] I Baby Dorry. DALI 6 I was working a party. THEO And no one tried to stop them from taking you? DALI 6 What could 6-year olds do? THEO Oh. [gets it] Ohhh. DALI 9 I like your glasses. Are those Couture? DALI 10 Knockoffs, but they're good aren't they? I'll give you the url. LEONA Even if one of them does get naked, I don't think it will stop them. [up] Haven't you - no I mean you - already done that on stage? ALL DALIS I am a SPECTACLE! LEONA She's done just about everything on stage except light her farts. THEO That's it! ALL DALIS We're vegan. LEONA Don't look at me. THEO I don't mean [hinting] lighting gas... LEONA You lost me. THEO Have you ever seen the movie Gaslight? MUSIC SCENE 13 THEO Hey! You better get in here! SOUND LOCK UNLOCKING LEONA One more shot. SOUND SNAPSHOT SOUND DOOR OPENS HARMONY [horrified] What happened? Where's their hair? MELODY Is she - uh, that one - dead? THEO [strange voice] She is dying of captivity. ALL DALIS [chanting together] We are the music makers and we are the dreamers of dreams. MELODY But she's still talking. THEO Mechanical convictions. HARMONY I love that song. MELODY Brother Theo, what happened? THEO There is more at work here than you can comprehend. I like you. LEONA Straight from Gaslight to Star Trek. Smooth. MELODY What? THEO But I hate you. HARMONY You're mean! SOUND SHE GOES RUNNING OFF, CRYING ALL DALIS [CHANTING ALONG] World-losers and world forsakers, on who the pale moon gleams. THEO Oh! Uh-- LEONA Don't back off. THEO Right. [trying to match the Dali tone] We are the Music Makers and We are the Dreamers of Dreams. LEONA You do realize she didn't write that, don't you? MELODY [confused] Why are you just speaking it like that, why aren't you singing? THEO [creepy whisper] Because - we have no melody! MELODY [disturbed] But-but I'm Melody! THEO Are you? Are you even here? MELODY I - I am! And I still have the gun - uh... [horrified] My gun?! LEONA Plan B. SOUND GUN COCKS LEONA [commanding] Time to go. THEO Ok, we-- LEONA Quick, before they decide on an encore. MUSIC SCENE 14 CHIEF Good thing you got them all moving. LEONA We got pictures of them both with and without the wigs, and of them leaving to get on a special charter bus. THEO They painted the name on the side really fast. LEONA No, that's actually a company that only gives tours to Dali impersonators. THEO Go figure. Do they have an Elvis bus too? LEONA Yeah. But they get fewer drag performers. CHIEF [reminiscent] Yeah. They serve deep fried bananas, and spin a wheel to see which color outfit gets to sit shotgun. [breaking out] Uh, uh - I mean, I hear they do. LEONA [quick, changing the subject] Right. We've got at least four stories out of this. THEO And something for Larry. LEONA [annoyed and horrified] What? THEO He was in on it, too. [sheepish] at the beginning. CHIEF Larry? Larry who? LEONA From the switchboard. CHIEF Look kid. Being nice ain't how news gets made. It's just a fact o' life. THEO Well... If we don't give him something, he might take what he DOES have and go to another paper. LEONA You want to give him a story? THEO [weakly] He could have the waffle house kidnapping. LEONA [long suffering sigh] I guess. As long as he leaves our names out of it. You just volunteered to edit it. THEO Okay. CHIEF So what else do you have for me? THEO Mass migration of dalis. LEONA [snickering] SPARCLE. THEO The sublimation of and abrogation of self in the gestalt identity of celebrity. LEONA Seriously? THEO I can spin it. CHIEF Nice. Big words make people believe crap like that. Whatever it is. THEO I meant an article on how people try and be like famous people. CHIEF Keep the big words. It sounds better. THEO I'll find some experts. LEONA [another idea] There's also that thing about whether she is a he. Theo found out-- THEO Uh, no. CHIEF What do you mean? THEO The real one wouldn't confirm or deny. LEONA Even when she kissed you? THEO Yeah, well... [shrugs] A Dali is a Dali. CHIEF You could do something with that, you know. On the puzzles page. Get three of them and one fake impersonator. LEONA [chuckles] CHIEF Put pictures of them all in a four box grid and stick some clues in as to which is which. Run a little contest. Think about it. [commanding] In your office. I have to call someone about flowers. THEO [thinking back to the wedding thing] Flowers? For? CHIEF Truman at the Guardian when he drops dead seeing our headlines. THEO Ohhh. Good. LEONA Come on. CHIEF Eh. Maybe I should just send that stripper. SOUND DOOR SHUTS SOUND THEY LEAVE - THIS FADES ACROSS THE BULLPEN LEONA I like the puzzle idea, though we should make it 9-up, like the brady bunch. THEO Who? LEONA [angry growl] Nostalgia. Look it up. THEO Who will be the fake impersonator? LEONA She did say you have a nice face. THEO NO way! LEONA I have to take the picture. REPORTER 4 We actually already have all the Dalis we can use. REPORTER 3 No, thanks, but if you have an MJ sighting? No? REPORTER 2 Anything else? Photo of the prez stepping into a spaceship? REPORTER 1 Yes, yes I'll ask - can we use anything from Ringo Starr? He's on the line and-- ALL REPORTERS Naaaaaaaah. FADE TO END
Teodora Petkova Modern communication on the web is best when it's semantic and meaningful, networked and conversational. Creating web conversations starts with collaborative internal communication and then invites the marketplace to join in. Teodora Petkova is a semantic web explorer with a PhD in digital marketing and communication. She loves to share her fascination with the evolution of web content and her expertise in cultivating marketing conversations. We talked about: her identity as a semantic web explorer how our abilities as "intertextual animals" help us find meaning amidst the noise of modern media her discovery of "dialogic communication" and how it applies to content marketing the stakeholder's theory of communication the importance of internal communication the role of internal communication in dialogic communication strategy, and the importance of documenting common understandings why she doesn't like to talk about content marketing her definition of content: digital object in an artifact, a result of communication the core of her thoughts about marketing: business is about listening to the rhythm of the market Teodora's bio Teodora Petkova is a content writer fascinated by the metamorphoses of text on the Web. Very much in love with the Semantic Web, she explores how our networked lives transform (and are transformed by) the expanding possibilities of the written word. With an educational background in Classical Studies and Creative Writing, Teodora recently earned a PhD degree in Digital Marketing and Communication at the Faculty of Journalism and Mass Media at Sofia University. In her research and practice she continues to explore words, concepts and the way we use them to transfer or create meaning. More specifically, Teodora works to discern (and sometimes pave) the ways web content is changing marketing communication, us and the way we think, write and live. Connect with Teodora online Twitter email Video Here's the video version of our conversation: https://www.youtube.com/watch?v=aAbSqz8zc54 Podcast intro transcript This is the Content Strategy Insights podcast, episode number 119. When you communicate on the web, it's tempting to focus on the messages you want to share. Teodora Petkova will remind you that modern marketing content is more about conversation than announcements, more about listening to the rhythm of the market than about composing your own messages. Teodora describes herself as a semantic web explorer and is fascinated by the ways in which modern networked content is transforming the way we think, write and live. Interview transcript Larry: Hi, everyone. Welcome to episode number 119 of the Content Strategy Insights podcast. I am really delighted today to have with us Teodora Petkova. Teodora is... She's a language lover and a semantic web explorer. That's how she describes herself, and welcome Teodora. Tell the folks a little bit more about what a semantic web explorer does. Teodora: A semantic web explorer looks into how the semantic web changes the way we communicate and opens opportunities for richer exchanges between us through our machines. Larry: I love that. You recently completed a PhD in communication, and so you've thought about this very deeply. Teodora: Yeah. I'm a recovering PhD graduate. I'm trying not to think about that, but it chases me because I'm so curious how language evolves with our machines being able to understand it. I'm all the time saying our. They're not our. I mean, they're Google's algorithm or somebody's digital assistant. I shouldn't say our, because it blurs the perspectives we need to be able to do better content. We need to be very aware that we cannot talk about machines as a whole. Larry: Yeah. When you say that our, because that was the original hope of the semantic web, that we'd all have our say, and it would all be connected and we could share, but in fact,
Dan Brown Dan Brown has focused his design work on information architecture for the past 25 years. Along the way, he has written three books, designed a design game, and created one of the the most-used tools in the profession, the Information Architecture Lenses card deck. Dan is very thoughtful about the practice of IA and has a lot to say about how the field has evolved. We talked about: his information architecture work at EightShapes his recent podcast interview series covering his Information Architecture Lenses project and insights he had as he talked with his guests his discovery that even apparently solitary elements of IA practice always involve collaboration with other people the evolution of information architecture practice and thinking over the past 25 years and the increasing clarity around systematic thinking the relationship between information architecture and content strategy his appreciation gained in the study of physical architecture of the constraints that physical space has as a metaphor for IA work how IAs could benefit from using different metaphors - city parks instead of functional buildings, or something besides family trees ideas around his next deck of IA cards, which will be more about how we make design decisions the shift of IA practice from a "bridge" practice to a "hub" practice the movement of IA practice into the UX field the parallels between role-playing games and collaborative storytelling and UX design work Dan's bio Dan, one of the co-founders of EightShapes, specializes in information architecture, user research, and product discovery. He has worked with clients large and small to tackle complex information architecture problems. He is the author of three books on user experience. He also designed the game Surviving Design Projects and created the essential tool for IA, The Deck of Information Architecture Lenses. Connect with Dan online Twitter Video Here's the video version of our conversation: https://www.youtube.com/watch?v=P82WCFQ0j2w Podcast intro transcript This is the Content Strategy Insights podcast, episode number 114. The practice of information architecture has evolved a lot over the past 25 years. We use different metaphors now to talk about our work, and the field has largely been incorporated into UX design. Dan Brown has looked at these changes from a number of different perspectives, most notably as the author of the "Information Architecture Lenses" card deck, a tool that has helped innumerable practitioners improve their view of their IA work. Interview transcript Larry: Hi, everyone. Welcome to episode number 114 of the Content Strategy Insights podcast. I'm really happy today to have with us Dan Brown. Dan is the principal and founder at Eightshapes, an agency that he founded and runs. Dan, welcome to the show. Tell the folks a little bit more about what you do there at Eightshapes. Dan: Sure, Larry. Thanks for having me on the show. I co-founded Eightshapes in 2006 with Nathan Curtis. He and I started it as a boutique UX design firm. And to this day, that's what we're doing. We do a lot of work for clients of all sizes, helping them think through complex information architecture problems. Nathan, of course, is focusing a lot on design systems these days. So that's what we're doing here at Eightshapes. Larry: Yeah. Design systems are everywhere. We have to have a whole other conversation about that. But what I wanted to talk to you about today is really focus on your core competency, which is information architecture. I always have, in fact, I have it right here, I'm holding it up for the folks who are watching the video, your information architecture lenses. I refer to them every IA project I do. They're- Dan: That makes me so happy. Larry: Yeah. Dan: That brings me so much joy. Larry: Well, and what brings me even more joy is that you just did this series of intervi...
Larry Jorgensen “The Coca-Cola Trail” People and Places in the History of Coca-Cola Author background: Journalist with extensive experience in print (weekly, daily and magazines), radio and television news (both writing and on-air) wire service, assignment and freelance. Publisher/editor monthly publication. Currently research and writing history related articles and books. Also providing media services for clients. Works from office at his home along a bayou in Louisiana. https://www.thecocacolatrail.com www.marlanasemenza.com Audio : Ariza Music Productions Transcription: Vision In Word Marlana: Larry Jorgensen is a journalist and author of the Coca Cola trail. He opened places in the history of Coca Cola. Welcome Larry. Larry: thank you, It's a pleasure to be here and to participate in your programme. Marlana: Well, thank you, you know, brands don't get much more iconic than Coca Cola. Larry: Yeah, that's true. Marlana: So, what was the motivation for you behind doing all this research and becoming an expert in this? Larry: Well, actually, it started out not to be a book. I freelance writing. And one of the areas I like to write about his travel. I learned that there was a Coca Cola museum of sorts in Vicksburg, Mississippi, where Coca Cola was first bottle by the way. And I thought, well, that's interesting. And then I also learned that there was one not too far away in Monroe, Louisiana, which they kind of related. So, I thought, that's a great travel feature. I'll do a feature on two Coca Cola museums. Well, by the time I got to the second one, I had met people who were relatives, you know, heirs of the original bottlers who got talking and found out that this story is all over the country. It wasn't just in Vicksburg, or in Monroe. And I was encouraged to look further. And in fact, no one has really done a book about this specific area of Coca Cola, (the little bottlers, the people who got involved, you know, made it happen). earlier books are all about corporate Coca Cola, Atlanta, Georgia, tried a lot of support the bottlers and the people that found out I was doing a book, we're just very gracious to help and provide photos from their files and exclusive interviews. It was truly a great experience to do the book. Marlana: And you know, I think that's one thing that we tend to forget sometimes, that behind any brand, there's just people and the stories of people. Larry: that's very true and coke has got such a unique story of people because, you know, you see why you go buy a bottle, or a can, or whatever, Coca Cola, but you know, Coca Cola didn't think bottling their drink was a good idea. And when Joe Beaton art in Vicksburg, first bottled it in 1896, he was selling the syrup, he had a solar phone, and he was using the syrup which would come in gallons, you don't make the drink at his phone. And he was also selling the syrup to other, he was a distributor to other solar phones. And he thought, you know, this is 1896 at Vicksburg, if I could get this to the people in the country, so they don't have to come to town, we can sell some more Coca Cola, so he decided to bottle, and he sent his first two cases to Asia Candler, who at that time owned Coca Cola and was making the syrup and Asia responded with it's okay but you know, I'm more interested in selling the syrup. And Joe got a little upset because he never sent the bottles back. But anyhow. So, it goes on for five years like this Joby Nardus bottling Coca Cola. As it turns out, there are two enterprising, here's our new entrepreneurs in Chattanooga, Tennessee, who thought, you know, Coca Cola is really a good drink, we get it at the local phones, maybe we can bottle it. So they go to Atlanta, and they talk to Mr. Candler. And they say we would like to get the exclusive rights to bottle Coca Cola. He told them that's ridiculous. He said, I'm worried the flavor will...
CHRIS NEWBOLD: Hello, Well-Being friends, welcome to The Path to Well-Being in Law Podcast, an initiative of The Institute for Well-Being in Law. I'm your co-host, Chris Newbold, Executive Vice President of ALPS Malpractice Insurance. And, boy, how exciting is it that we're actually moving into the summer months? I always feel like well-being takes a natural elevated state in the summer months. We're also coming off of a really exciting Well-Being in Law week, and I'm joined by my co-host, Bree Buchanan. Bree, I'd just love to hear your reflections on, again, a May event that's really become a foundational element in the well-being horizon, as we think about bringing people together and shining a light on well-being. What were your reflections on this year's Well-Being Week in Law? BREE BUCHANAN: Good morning. Hey, Chris. So that was just... It's such an amazing event, and it's really become a signature event for The Institute for Well-Being in Law. This is our second year to do it. We didn't necessarily have people sign up, but we were able to look at things like the analytics, the people coming to our website, all of that doubled over last year. We had so much energy and excitement around that, and many people involved. We had the actual... the whole week for the Well-Being Week in Law, every day programming. And then this year, we added the after-party, which two weeks later, we did another full week of programming around the different dimensions of well-being for the professionals in this space, the people who are tasked with law firms, with... coming up with well-being programming. That's really an area that the institute is focused on, and supporting the movement and all the people that are out there that are part of this movement. So, it was a great event. What did you think? CHRIS: Yeah, I thought was fantastic, again. One of our goals on the podcast is to build and nurture a national network of well-being advocates. I think one of the great results of the week was just, again, a mobilization an army of folks who are really interested in this particular issue. We would be remiss without recognizing one of our colleagues, Bree, Anne Bradford, and all of the work that she did to really both initiate, and has really been building some significant momentum in building this community through events like Well-Being Week in Law. BREE: Absolutely. The community and just the partnerships that she's helping us create, really valuable. CHRIS: I think the folks interested in receiving mailings and communications from the institute, I think went up to like 1,400. Again, just a testament to the number of folks who are really passionate about this issue and want to see it remain at the forefront as we look to improve the profession. So that's awesome. Let's move into our podcast today. We're, again, super excited. We've taken a little bit of a pivot. In our first 10 to 12, 15 podcasts, we really focused on some individuals in the movement. We've been moving to a little bit of a mini series format. We started with law schools, and now we're really excited to delve into the intersection of well-being and research, and research into the well-being cause. There's been, in a lot of professions, probably a lot more empirical research. We certainly are moving into that space in terms of specifically looking at lawyers, research, well-being, happiness. I know, Bree, we are super excited about our guest today, who's going to kick off our research miniseries, Larry Krieger from Florida State University. Bree, I know that you've known Larry for a lot of years, I'm going to give you the honors of introducing Larry. But we are really excited about our podcast today in the intersection of well-being and the happiness of lawyers, which is, again, something I've been really excited to get into. BREE: Right. I am delighted Larry is somebody I've looked up to and look to as such a real expert in this space ever since I started working in this area, which was 2009. So, let me just give everybody an introduction. Professor Larry Krieger is a widely-recognized expert in lawyer well-being, and particularly, I think, he's known for his study and work around What Makes Lawyers Happy? And we'll get to hear more about that. That study, in particular, was research on 6,200 lawyers, and identified the specific factors that are required for lawyer wellness and satisfaction and basically, happiness. The New York Times report article on that study was the most shared article in The Times for the following two days. So a lot of buzz about that when it came out in 2015. Larry was the founding Chair of the section on balance and legal education for the Association of American Law Schools. He was a litigator for 11 years, so he knows what it's like to be in the trenches. Part of that was Chief Trial Counsel for the Florida Controller, and he now teaches litigation skills and professionalism at the Florida State University College of Law. He is rightly-so recognized as one of the 25 teachers in the Harvard Press Book, entitled, What the Best Law Teachers Do. Finally, I got to meet Larry in person when I presented to him in 2018 at CoLAP Meritorious Service Award, which is given, really, for a lifetime distinction in the work that addresses mental health and substance abuse issues in the profession. That is a small introduction to all that Larry has done in this space. So, Larry, welcome. We're so glad you're here. I want to ask you a question of what we ask for all of our guests. We start off with asking, what brought you to the well-being movement? We have found that just about for all of our guests, and certainly for all of us who are involved in the institute, there's some sort of personal life experience, something that drives our passion for this work. So, what can you tell us about your experience? And welcome, Larry. LARRY KRIEGER: Well, first, thank you so much. It really is a pleasure and an honor to get to talk to you both, and thank you for the amazing work that you both are doing them and all the people out there. Funny story. So what brought me to it was my first wife, who... way back then, she had actually been dating Mike Love, the lead singer for the Beach Boys, when the Beach Boys learned meditation. BREE: Okay. LARRY: Remember [inaudible 00:07:27] back in the late '60s or something. So we're going back a little ways here. I've been around. So I was in law school at the time, actually, I was miserable, and we heard that this meditation teacher, Transcendental Meditation, at the time, was coming to town. And she said, "Oh, let's go." And I said [inaudible 00:07:50]. And so she dragged me in there. I thought it was the stupidest thing I ever heard. We walked out, she was glowing. Like, this is fabulous, thought [inaudible 00:07:59], brother. They wanted 35 bucks for you to learn this technique, I thought this is for the birds. So she learned it, and she changed within two weeks. She was a different person. BREE: Wow. LARRY: So I said, "Okay, I want to learn it, too." Then it took me months to get into it, because the teacher didn't come back for three months. So it was just really good luck. It transcended my own ignorance, honestly. And then I was unhappy in law school, and actually quit law school. It took me eight years to get through law school, which I love telling students when they're discouraged. BREE: Right. LARRY: I just didn't like it. The reason I didn't like it is everybody there was so unhappy. I had already been in the Air Force through the Vietnam War, and I was a little older and stuff going to law school, and I thought, everybody is so serious. Oh, my God. Nobody's got their leg shot off. BREE: Right. LARRY: I just kept quitting law school, because I just didn't like being around. It was so serious and negative. So yeah, that was on me. I've learned to have better boundaries. But that's how I got involved. Then when I finally became a lawyer, I noticed how unhappy the lawyers were. BREE: Right. LARRY: [inaudible 00:09:14]. Come on, guys. Even the super successful ones were just ramped up, tense, pushy, on edge all the time. Of course, by then I had been meditating for a while, and so I it was keeping me chilled out. I was prosecuting in West Palm. We had the sixth highest crime rate in the country at the time. So it's not like it was... I was dodging the bullets and avoiding the trenches, like you say. But just, do your job and then go home and have a nice life. So what got me involved was good luck, certainly not my own intelligence, and then just seeing what was going on in front of me. BREE: Right, right. Absolutely. CHRIS: Well, Larry, you've... Certainly, when you look back on your research and scholarship, it now goes back almost 20 years. I know that you've been thinking about it even longer than that. In some respects, you've been a disruptor in our space before it was even a thing. If you look back on some of your titles, I just I marvel at the fact that you saw so much of this so early, that even though the movement is where it is today, again, you were talking about a two decades ago. Some of your titles included Institutional Denial About the Dark Side of Law, and I think that was published in 2002. Understanding the Negative Effects of Legal Education on Law Students, again, 2002. Does Legal Education Have Undermining Effects on Law Students? 2004. What were you seeing among your students that brought you to engage in this type of research and scholarship? LARRY: Yeah, thanks. Let me just say [inaudible 00:10:55] just like me starting meditation and getting a bigger picture on life than what I had up to that point. I got lucky and got this job. I wasn't looking for a job, I had a marvelous job of chasing Ponzi schemes out of the State of Florida for the state comptroller, like Bree already mentioned. But I just got lucky and got into this job through happenstance, and it gave me time to start thinking. What I saw immediately was... I think I started this job in '91. I just passed 30 years. Yay. Had a little lunch with the dean, and it was really sweet. So it was a good ways after I had been in law school all those years, and seeing all the unhappiness there. When I got into teaching, I realized nothing has changed. Nothing. And I thought, "Okay, well, I've got some time here. I'm going to try to write about it." Actually, the first article I wrote was in '99. I'm not on tenure track, so writing all that negative stuff is a little tricky for me, but I figured, honestly, what the hell? I wouldn't mind going back to being a prosecutor or a lawyer. If they don't like me, they can just get rid of me, but I'm not going to keep my mouth shut. But the first one I wrote was in '99, and it was called What We're Not Telling Law Students - And Lawyers - That They Really Need to Know. In that article, I was just going from my experience, but I was saying we really need to research this. And then shortly after that, just, again, through happenstance, I ran into a fabulous empirical psychologist who was willing to work with me, Ken Sheldon. So, off we went. BREE: There you go. I really relate to what you're saying. I graduated from law school in 1989, and then had the opportunity, about 15 years later, to go back and lead a clinical program there, and it was the same thing. I saw students were still unhappy, stressed out, everything happened around a keg, alcohol flowed through every event. And then actually, when I got to the lawyers Assistance Program and went back to law schools talking, 10 or so years later, it was the same thing, there just hadn't been any shift. I want to talk to you a little bit. My experience with you, my first Larry Krieger encounter... When I started working at the Texas Lawyers Assistance Program in 2009, I came across your booklet that spoke to me so loudly, it was The Hidden Sources of Law School Stress, in which you openly wrote about the dark side of the law school experience, and it just rang so true for me. I was so impacted by that. Tell me what it was like during that period of time to write about these things. It's like sort of the emperor has no clothes, you were going out proclaiming. Just the same truth at the heart of the matter in the profession. How was that received? LARRY: Well, good question. That book's been a thrill for me and me. It turned out that half the law schools in the country and also in Australia and Canada, more than half of them have used the book with their students in bulk. So, that was a thrill. I'm writing a new one now. I'll explain why I decided to take a new tack. But hopefully, that'll be out at the end of the summer for fall students, if I'm lucky. The first thing I started doing before I wrote that is I started talking to clinical conferences, because I'm a clinical teacher, I teach litigation skills. And every time I would give a talk on this well-being, I never saw any other talks on it. It's so wonderful to see the movement now. When I started doing this, it was weird. But rooms would always fill up. There were so many teachers that would say, "This is so important. I wish I'd heard this when I was in law school." And I would say, "I wish I'd heard it law school." BREE: Me too. LARRY: Right. So somebody needed to start saying it. So that was really good. And then our dean of student asked me to give a talk to an early orientation group one summer here, that came pre [inaudible 00:15:49] law school, and I gave this little talk, and it really went well. What I did is I... This is where the booklet came from. I asked them, "So what are you worried about? Let's list everything you're worried about on the board, everything you're afraid of." And then we're going to shoot it all down, one at a time. So they listed it on the board, I explained why they shouldn't stress about it, and then I woke up the next morning [inaudible 00:16:14] you know that was really a lot of good things. And it all came from them, I thought I had to write this down. So I sent out a little summary to this listserv that I had started by then on humanizing legal education, and people wrote back and said, "Oh, can I use it? Can I use it? Can I use it?" And I said, "Okay, I got to put this into a publication." So I was already getting a lot of positive feedback from my community, which was the community of people who actually care about the well-being and happiness of... and sanity, really, of law students and lawyers. I've learned to focus on the people that are supportive, I just don't focus on the other people. [crosstalk 00:16:56]. BREE: Words of wisdom. CHRIS: Well, Larry, obviously, we're shifting a little bit in the podcast here to a three-part series focusing on research, and we just would really enjoy focusing now on your 2015 seminal work that really helped set the stage for the entire well-being movement. Your work, What Makes Lawyers Happy? A Data-Driven Prescription to Redefine Professional Success Redefine Professional Success was really at the forefront. It was a large research project that you conducted with Ken Sheldon. Tell us about the survey, what inspired you to do it, who you surveyed, just setting the stage for what you ultimately found. LARRY: Sure, Thanks, Chris. That came out so well, too. I was shocked at how well... After we publish that, I had a lot of people from different journals and the press [inaudible 00:17:54] and they asked me if there are any surprises in there. Really, the main surprise was that we were right. Everything we predicted came out, and even stronger than I would have imagined. I really encourage folks who are listening to this, take a look at this study, because there's a graph in there of the results, and you can see it in a picture. It's so striking. It's on SSRN, Social Science Research Network, ssrn.com, and it's called What Makes Lawyers Happy?. But what came out of it was that success does not make lawyers happy. That's why The New York Times had such a buzz with it. BREE: Right. LARRY: We were actually able to quantify exactly what's making lawyers happy, and we were able to show, with numbers, it's not the money, it's not the partnership, the junior partners were not any happier than the senior associates in the big firms, not even a bit. Even though they were making 70% more money, and they were partners now, nothing changed. The idea came from because we started researching law students before that, and we were in some of those journals you mentioned with the institutional denial and understanding the negative effects, all that business. I wanted to be sure that what we found in law students actually was going in the direction that the studies predicted, and that lawyers were suffering from the same exact problems. So it really took seven years to get that study done, because I had to get bar associations. Five state bar associations agreed to participate and put their bar members through this survey. I got CLE credit assigned to the lawyers- BREE: Wow. LARRY: ... who were willing do it because it was a long survey. And then one of the states backed out at the last minute, a really big one. So otherwise, we'd have had 10,000 lawyers instead of 6,000, but results would have been identical. But I think they thought it's going to be too hot politically. BREE: Right. LARRY: I think they were afraid that we were going to show what we ended up showing, which is everything that the profession thinks is important, actually isn't important, other than helping clients, and everything that the profession thinks isn't important, like spending time with your family and taking care of yourself, actually is important, and those are the things that's going to make you happy. So, it took years to get that research in but, but we pulled it off. BREE: I see it was just sort of... The findings are just bombshell findings for me. I actually printed out, and I'm looking right now at that graph, and it is so incredibly demonstrative. When you're looking at what really moves the dial on subjective well-being or happiness, are things like autonomy, relatedness, internal motivation, the intrinsic values. So those are long bars on the graph. And then you get to income, class rank, making partner, Law Review, and the bars on that graph drop by like 75% or something. It is just striking visually to see this. Can you talk just briefly a little bit about this divide between the extrinsic and intrinsic values, sort of digging into the secret of happiness? LARRY: Yeah, great point. Thanks for bringing that up. I'm actually looking at it. I did a follow-up booklet to that, Hidden Sources of Law School Stress, that extended out to lawyers too, after this study came out. I have a few of those left. I'm trying not to sell them much anymore, and I'll tell you why at the end here. But it also has that chart in it. It's called The Hidden Stresses of Law School and Law Practice, because they really are hidden stresses. They're mis-assumptions. What these bars mean, is basically, that the human connections that we make, if I could put it in a nutshell, the human connections that we make are everything for the happiness of a lawyer or a judge. They are everything. What these buyers stand for is our connection to ourself, autonomy. Really, the way we measure it is integrity or authenticity. Are you a whole person? Are you true to what you say? Do you follow your own values, or are you two-faced? The negative stereotype of lawyers would be anti-autonomy and anti-integrity. So that's the number one factor, are you well-connected with yourself? And who is, in modern society? What is ourself, even? [inaudible 00:23:00]. And then the next one's obvious, relatedness to other people. Are you closely connected with other people? Not are you around them? Not, do you tell them what to do? But do you feel a close intimate connection with them? The third one and the fourth one have to do with work, do you feel competent at your work, and are you motivated to do your work because you care about it? In other words, is- BREE: Right. LARRY: ... are you connected to it? Not just, are you doing it to pay the bills, but does it give you meaning and purpose in your life? Does it give you joy? So those are the top four, and then autonomy, support, relationship to supervisor. So those are the things. They're way up there as far as predicting well-being. If you don't have those, you're not going to be happy. BREE: Right. LARRY: These numbers are so huge. And then when you get down to made partner, like I said, it's .00. It had no effect on the lawyers, at all, being on Law Review, what all the law students get the most depressed about. .00 and for the layers, it had no effect. Income is very modest, it's .19. These others are .65. BREE: I mean, you just turned it all on its head, Larry. First, when I would see these, I would think I... I would question the validity of the study, almost, because it's so striking against what we're taught and inculcated to believe. But it's a huge set of people that you surveyed, so I'm a believer. It also resonates with me. There's what we've been told, but it resonates with me because it's my lived experience. I believe it, because that's... what I experienced is true, what you found. So, anyway. LARRY: Yeah, thanks for that. If you look at scriptures since time began, in any culture, whatever, they all say the same thing. BREE: Right. LARRY: Right? BREE: Yeah. LARRY: All the music that sells tons and all the movies that are so popular, it's all about love, not money. We actually did a factor analysis. Again, I got lucky. My brother's a math genius, PhD type neuroscience person, and when he saw these results, he said, "Oh, you should do a factor analysis." I said, "What's a factor analysis?" He said, "Well, tell Ken Sheldon. He'll know." You can see I've been led by the nose all the way through my life in this. So we did a factor analysis, [inaudible 00:25:35] in a nutshell, looks at all these top factors for well-being and what my brother said, and it turned out to be true. So those are so big and so close in numbers, that it's going to turn out that they're really saying the same thing. They're not actually five different things, they're going to be one. One thing that's more fundamental. So Sheldon, it took them five minutes when I emailed him, and he said, "Yeah, he's right. There is one thing that's accounting for most of this variability in all of them." He said, "Good luck. Now you have to figure out what it is. I'm just a psychologist, you're the lawyer, because Matthew won't tell you that." Over the years, I did, I think, figure it out, and I've already explained it to you, it's the feeling of connectedness. I tried to think, what is it that makes me feel good when I tell the truth, or when I do what I think is important to me, or when I hug someone, or when I do work that matters, or when I look at a sunset and I feel joy? What is it that they all have in common? It's feeling connected to life. More or life? So I think that's the key to everything going forward, is how do we get lawyers to think bigger, make the box bigger. Because the box we grew up with, that we assumed was going to work does not work. This research shows it so clearly with numbers. We have to get outside that box and think bigger for ourselves. CHRIS: Larry, you've obviously studied this in the context of lawyers, but I just... It's hard not to think about this and say what you've learned about lawyers is really the fact that we are human beings before we are lawyers, and if we take care of ourselves and the relationship and the connectedness... In your study, you talk about what a profile of a happy lawyer is. You could probably replace that with a profile of what a happy person is, and it's going to be equally applicable. LARRY: No question. Actually, that's how we set up the study, is we had all these hypotheses based on research on "normal people", or regular people, not lawyers. That's how we had set up our studies of law students to start with, is using self-determination theory, which had never really been tested on lawyers. That's what I meant when I said, I was just surprised how well it all bore out. These numbers are enormous. Correlations with happiness for each of these factors is like two thirds of a perfect correlation. If you have any one of those five, you're way up there already. But if you're missing any one of the five, you're really missing a lot. So, yeah. Actually, toward the end of the study itself, again, on ssrn.com, I talk about how lawyers are normal people. This is exactly what we would get with normal people. I got to say, I'm a little bit proud about this study because I don't think there's another one that quantifies it like this. This was a another bold step. Once we were getting these results, I asked Ken, I said, "Sir, is there any way we can actually measure these out, not just with P values, which is a probability?" Because they were all highly significant, so they all looked the same. But to show which ones are the strongest. He said, "Yeah, there's these Pearson correlations, these standardized correlation." So he sent me some articles to read about that. And I said, "Let's do that." That's how you actually get these numbers. Because you can't really compare... Bree, you mentioned, you can't really compare how much money you make with how close you feel to your children. They're on two different scales, one's in dollars, and one is in subjective warm and fuzzy feelings. So we were able to do those comparisons and show, for example, that earning more money is a .19 correlation with happiness, whereas having integrity, what we're always pushing lawyers about, is a .66. It's three and a half times as strong. We had to do that with the mathematical conversion into standard. So he was able to do that. Like you said, Bree, I expected to get just hammered once this study came out by people saying, this is garbage, and your methodology is garbage and this and that. Haven't had a single complaint about it, I think partly because every single thing we looked at in the study... And there's probably 50 or 60 correlations in here that people will be interested in like, what about having children? What about being married or a long term relationship? What about how many vacation days you take? What about how big a city you live in? What about the rank of your law school? We were able to compare all those, and everything came out consistently. So each of the findings confirmed each of the other findings. BREE: Right. CHRIS: Larry, first of all, you should be proud of your study. Again, I think it was more, ultimately, reaffirming than anything else, what many of us suspected. So, hey, let's take time to take a quick break. We certainly want to come back after the break and talk about implications of the study, some advice that you have, and then where you're going on the research front from here. So let's take a short break, and we'll be right back. — ADVERTISEMENT: Your law firm is worth protecting, and so is your time. ALPS has the quickest online application for legal malpractice insurance out there. Apply, see rates, and find coverage, all in about 20 minutes. Being a lawyer is hard, our new online app is easy. Apply now at applyonline.alpsnet.com. — CHRIS: Okay. Welcome back to the podcast. We have Larry Krieger here, who published a seminal study, What Makes Lawyers Happy?. Larry, I'm curious, if you had an audience of a group of big law CEOs, HR officers, based on what you've learned, what words of advice would you give to them about having and nurturing successful lawyers? Because obviously, successful lawyers are the key to a successful firm and are, I think, the foundation of, ultimately, serving society as problem solvers. What advice would you have? LARRY: It'd probably be what I'm telling you two. You're CEOs of your organization. [inaudible 00:32:42] being proud of the study. I'm really smiling here so big while I'm talking to you all, because I'm really happy that it came out the way it did. It's wonderful, because I think it's helpful for people, if they take a look at it. I've already intimated what I would want to tell people, is we have to think bigger. Look, when I went to law school, this all started for me. I guess I was somewhat instrumental in getting it going in other circles and in legal education in particular. It started for me because I came with a different perspective. I came from outside the legal perspective. I had gone to college, I'd gone into the military, I'd seen some serious life-threatening situations, and some soldiers who didn't make it that I was transporting here and there. I lived in different countries. I not only took meditation, but I actually taught meditation. So I came with an outside-the-box perspective. And then when I came to law school, I said, "Oh, this box is too small. We have to think bigger. People are not coming to law school expecting to be happy. You've got to think bigger about your life." It was like a merit badge to be so stressed and stay up and be studying and having big circles on your eyes. I don't even want to be around this. This is just bad thinking. The more powerful you are, the more you know what it takes to be happy, usually. Now, that may not be true in our political system anymore. Those people are not happy, I don't care what party you're in. But as you become more successful, you should be becoming more happy. If you're not happy, you're not successful. There are great quotes from great philosophers that happiness is the highest form of success, and that has to be true. So first of all, I would tell CEOs, and I also tell law students the same thing, the highest form of success you can have is to really be deeply, consistently happy. If something sad happens, be sad, be in touch with your feelings. Everything you're doing, you went to law school, why? To become happy. You're making money. Why? To make you happy. You got married. Why? So you'd be happy. You had children. Why? Right? You're going to retire. Why? You'll be happier. Everything is for that, but we put it aside and get lost in the details. BREE: I want to ask you about your current research, and we'll make sure we have time to talk about that. It sounds like you're doing a bit of a pivot in your focus. Tell us about that. LARRY: I think is that the research is so helpful, it will challenge people. Because they may think, "Oh, my gosh, I've spent all my time doing this, and now I need to shift." You just need to make an internal shift, keep doing what you're doing, because you're good at it, but stop thinking that winning or being the greatest is going to make you happy. Just keep doing it because you're good at it and you're competent at it, and you can help people. That will make you happy. So it's this connectedness to self, to others, and to purpose that shows up in the study as being so strong for making people happy. If you don't have it, you're simply not going to be happy. That's what these numbers mean. So once we get there and we accept that, then I started thinking, "Well, how can I really teach my litigation students? Because they're stressed out, they're trying to learn this high pressure stuff, and they're going to lose lots of cases, just like I did. And I need to get them ready for that." So I started thinking, "Well, what's the most important connection that we could have?" And it comes right from that factor analysis, it's really our connection to life. Our connection to life. When we first got this research, and then the analysis, I thought, "Well, what's the difference between me feeling well-connected to you and caring about you guys, and the difference with me making lots of money and feeling well-connected to my money?" Why isn't that so satisfying? The answer is, there's no life in it. There's no life in it. I mentioned this to my minister, my little church I go to, and he told me this great quote from Thomas Merton, that love is an intensification of life. Love is an intensification of life, a wholeness. I looked it up. And I realized, yeah, that's what's making these lawyers happy. They're connecting with their own self, which is life, they're connecting with the life of other people that they care about. So life is connecting to life and reverberating back and forth. In my slideshows, in my PowerPoints, I use an image of a power cord that's plugging in at both ends, and you see electricity going. That's our life. So the more you plug into life and connect to it, the happier you're going to be. So that's one big piece of it. I'm trying to actually get Ken to do another study with me on spirituality and religion, showing that people who feel connected to whatever they believe, might be God or a higher authority, or this or that, if they feel connected and close to it, they're happier people than if they feel a fear of it, or like it's judgmental and this and that. So far I haven't got him there, but I will. I'll keep after him. But I think there's another area of science now that's so important for lawyers, which is the old power of positive thinking from the 1950s, Norman Vincent Peale. But it's turning out to be scientifically really true. Epigenetics, neuroscience, neurobiology, biochemistry. There's a huge body of science now that when you think positively, you feel good, and when you think negatively or you have a negative belief, you feel bad. You can think of the optimism and pessimism research. Same thing. Optimist is just somebody with a mindset that everything is good, even if it sucks. "I got a flat tire. Well, that sucks, but I'll go have a cup of coffee. I got AAA. I'm lucky, I'll call AAA. I'll call and tell them I'm going to be late," and they're fine. Whereas a pessimist has the same flat tire, but has a different mindset and decides now life sucks. Not just this sucks, but life sucks, I suck, and it's never going to get better. BREE: Right. LARRY: So it's the exact same flat tire, it's the exact same client that got convicted of a DUI or got custody, whatever it is, but people frame it in different ways. The way they frame it makes about a 2,000-point difference in your biochemistry. 2,000 different chemicals in your brain and your body, depending on if you have a positive thought or a negative thought. And then that structures how you feel, how you work, how much inflammation you have, whether you're depressed, whether you age, or stay young, and whether you get the raise and the promotion or not, because people actually like being around you, and so forth. So really pushing that now, that people, we need to basically... We have two big things we need to do. First of all, we need to locate our life, and we need to connect to it. Of course, this is a lot of mindfulness and meditation stuff. But that first research shows how important it is to find life in what you're doing. If it doesn't have life, don't do it. [inaudible 00:41:01]. And then both inside and outside. And then the second thing is manage your thoughts proactively. We're so smart, but we have a tendency to think negatively. [inaudible 00:41:16] pessimistic way of thinking what can go wrong? BREE: Right. LARRY: So I'm really coming around, and I'm going to write a paper on this, it's coming pretty soon, about, first of all, work-life balance, real quick. I'll spend just a minute on each of these, because I know we're getting close on our time. Work-life balance is great. I don't think it's worked. The reason it hasn't worked is because nobody's finding life. We're saying we shouldn't be working all the time, let's have more life, but nobody really understands what life is. It's not going out on the golf course and getting aggravated. BREE: Wow. LARRY: It's not spending lots of time drinking. That's not life. It's like, you have to find your life, and then you have to express it to other people, and you have to find it in them, and let them express it to you. So it really involves going deeper inside taking care of your health, and being mindful and finding life. So I've been teaching law students and others, taking just simple meditation practices to do that. And then the second key thing is manage your thoughts proactively. The other sort of talisman we have besides work-life balance that I think is not working well is stress management. Stress management is way better than stress mismanagement, or unmanagement. But stress management, as a talisman, presumes we're going to be stressed. Why do we have to be stressed? To me, that's dumb thinking. You've got to think bigger than that. I actually just did a survey, it was just a random one, no IRB approval, but it's not going to be published, just to prove the point. I want Ken to research this with me, as well. I sampled a bunch of law students, one, two and three hours, just asking them, what did you think law school would be like? That's all. Give me one word. What did you think law school would be like before you started, and what do you think law practice will be like now? One or two words. So they had no bias [inaudible 00:43:34]. 70% of them said stress, burnout, anxiety. That's the mindset, even coming into law school. BREE: Right. LARRY: What this new research says, if that's what you expect, that is what you'll get. In other words, when you get a big assignment, now it's all about, I'm so stressed. I was telling my wife this morning, and then I'll close here, I'm going to get to talk to Bree and Chris today, and hopefully, some lawyers. I could be all stressed about this. I have so much work to do, I don't have time [inaudible 00:44:06]. Or I can say, this is a wonderful opportunity. It's going to be the same talk, either way. What you think it's going to be determines those 1,000 positive or 1,000 negative chemicals flushing through your body and your brain for the rest of the day. So we have to learn to be positive about it, and so we got to get rid of stress management. I would call it thought management, belief management. Just stop looking at the hours of stress. One other quick note. We do have a study that's going to probably be published in about six months, we're just submitting it in the next week or so, that shows that it's not actually the long hours that's making lawyers unhappy. It's not the long hours, it's the wrong work. People who like their work, they work more hours, they actually enjoy it. And the people don't like their work, when they... they're just as unhappy whether they're working long hours or not. So, we need to shift our focus on to find life inside yourself, embrace it, be grateful for it, connect to others, share your life, and think bigger, expect to be happy. Don't expect to be stressed. Because if you expect to be happy and start every day like that, you're going to be happy. Is garbage going to come up? Sure. People come to you because you're a lawyer, they have problems, if you're in that practice. Well, okay. So, let's help them with their problems as much as we can, and then let's go home happy. If we didn't fix them, it wasn't our problem, it was their problem. So we have to have that boundary there and appreciate ourselves. BREE: Larry, thank you so much. It's such a joy to hear you speak, and your point of view when you're thinking about these things. Again, going back to... really just confirms, I think, what I know and what we all know in our gut, in our heart about what makes life worth living. So thank you for that. It's a bit revolutionary, and we need you right now, we need thought leaders like you, and so I'm really excited to hear and read your studies that are coming out. I commend everybody, and I'm going to... We'll make sure that there's a link in the transcript of our podcast. But do take a look at the study, What Makes Lawyers Happy?: A Data-Driven Prescription to Redefine Professional Success. Again, it is really the work that kicked the current well-being movement off, and launched many other research projects that came from that. I've always thought that it is not... I think our listeners can hear that you are not ego-based, you're humble man. So there was not a lot of promotion of this study. I've really felt passionate about... In kicking off this series on research in this area, we had to start with you, because you are the Godfather of this area, Larry. So thank you so much, and we will be back in the next couple of weeks with other researchers to shed light on, what is the cutting edge thinking in this area? Chris, thank you too, for being here today, and take care everyone. We'll talk to you very soon. CHRIS: Thank you.
Max: Hello and welcome back to the Recruitment Hackers Podcast. I'm your host Max Armbruster, and today I'm delighted to welcome Larry Nash. Larry is Director of Talent Acquisition for Americas EY: Ernst and Young, formerly known as, what was EY called a long time ago, Larry?Larry: Well, Ernst & Young but yeah it was Ernst & Whinney and Arthur Young merged a long time ago to form Ernst and Young. I think it was 1989 around that. So it's been a long time since we've been EY or Ernst and Young.Max: Yeah it was, and then EY the acronym became the official name just a few years ago, right?Larry: Correct.Max: All right, great. Well, welcome Larry. Thanks for joining us today. And I'll start by asking you howyou ended up working in talent acquisition, if you can go back to your pre EY days, which you've been there for over 18 years. So, take us back to the start of your career, how did you end up in talent acquisition?Larry: Yeah, great for at first, Max, thank you for having me on. I'm really looking forward to theconversation. So yeah prior to joining EY, I was at Arthur Andersen, another professional services firm, where I was for 13 years in a variety of human resource roles, mostly in the recruiting space or talent acquisition space. And prior to Arthur Andersen I started out at Price Waterhouse. So I have the theme in my career Max where I've spent all of my career within professional services and have just really enjoyed and love the culture, the focus on people, constant innovation and progressiveness and focus on inclusivity and diversity, so it's been over 30 years in the profession, as you said, almost 1985 and it's been a wonderful experience for me and for the last few years now I've been leading our America's, what we call actually talent attraction and talent acquisition. We used to be called recruiting, but recently we change that to talent attraction and acquisition to recognize the broadness and diversity of our roles, and the focus of not only getting candidates interested in the profession and in opportunities at EY but obviously then having an amazing process to bring them in and assess them and hopefully join the organization. So we have an excellent community of recruiters, or talent attraction and acquisition professionals across the world. And lucky to be a part of that team.Max: You're mentioning this industry. What should we call it, management consulting? Well, professional services at large as being an industry that you feel great kinship to because, from the outside it's something that's always good to have on your resume, something like that so it's a great place to attract ambitious young talents, coming out of the best schools, and that's the main thing right from a talent acquisitions perspective, you don't have to fight too hard to get some pretty good resumes.Larry: Yeah I think we use professional services because there's a multitude of services from consulting and tax and energy work to a whole slew of services that all the organizations in the industry offer. And yes, we do feel we have a really strong brand and part of our value proposition for candidates is an exceptional EY experience, it's yours to build right, we provide the tools the experiences, the platforms to help you grow your career as you want to grow it, whether that's working in different service lines over the course of your career, whether that's making partner, wonderful achievement or having just wonderful experiences and becoming a CEO somewhere else or CFO or Chief Development Officer or starting your own business. So we're really excited over the course of our life as an organization to build careers across industries and within our organization. And I would say though, Max, it is certainly a competitive market out there right now. A lot of organizations, not just those in our vertical, but really in all facets of industries are looking for a lot of the same talent that's technology transformation or strategy work or technology skills or tax consultants, I can go on and on about what we're looking for, but a lot of organizations are looking for that top talent. So we work really hard to differentiate ourselves, and to get to know talent, and hopefully distinguish what we can offer versus what other organizations can. Certainly on the student side we do a lot, we have a lot of programs to offer from a variety of internships, challenges and programs.Max: Let's stay on this topic Larry on the competition that's stiff, to simplify things we could say the MBAs, they end up either in consulting industry, or maybe technology is the hot one right now. So are the looming threats today, where a greater proportion of the deep thinkers, the strategics end up working in technology, and that's eating part of your talent pool.Larry: No, I wouldn't say that I think a lot of MBAs, and we certainly hire a number of MBAs, but we also hire a lot at the undergraduate level. I think, continues to be the case as people are looking for a variety of work and I think one of the things that has become more common lately is wanting to work at an organization that aligns with your values and purpose. For us at EY it's building a better working world. And that's not just what we're doing with our people but how we help our clients build a better working world. And that could be working with an organization whose bringing a drug to market faster right, to address and be working with governments or entities to create infrastructure and programs to help the needy. So, we offer a lot, around an individual's purpose and hopefully that's aligned with our purpose of building a better working world. I do think though that individuals like you mentioned MBAs, they certainly are interested in strategy work, working for financial services organizations, technology companies. But I also think, again, that sector is really interested in aligning with their values and purpose and that is a big reason. I think that is why individuals are joining organizations or where organizations might be differentiating themselves is the purpose that aligns with that individual.Max: And almost 19 years at EY and so you must have seen different styles of leadership and adapted to a changing market. So, can you give us a sense for how EY's EVP has evolved during that time. It sounds and I'm reading between the lines that perhaps EY is focusing a little bit more on the transformative power of it's work on the workplace, and I am still attached to the romantic notion of no the road to partnership and the hyper competitive world of consulting, where you come in and you're treated like cannon fodder, but if you rise, then you can rise fast. So that's an image that maybe is a little bit dated.Larry: Yeah, having been at EY for 19 years I would respectfully say that's a little dated, and we've always been focused about offering the right experiences and getting the right training. So training, learning and coaching and being part of an inclusive and diverse culture, I've always been mainstays of what we offer that hasn't changed. But we also recognize that experiences and learning are building blocks to where you want to take your career. And that's why it's evolved into it's yours to build. We as an organization need to provide the tools and the experiences and the learning and the platforms and awesome technology so you could do your job well and learn. And we also provide mobility where you want to take your career, but a lot of it is on the individual, how do I want to grow my career and how do I want to develop in different ways. So you had mentioned how the leadership evolved, and obviously coming out of that pandemic over a year right, it's been a challenging experience I speak for US leadership, where I sit out of our Pittsburgh offic,Max: Go Steelers!Larry: That's right, the leadership here has just been so tremendous since, we all still were in we're locked down started back in March here in the US and the focus has always been on the safety and health and security of our people and our leadership, Kelly Greyer our US, Chairman and CEO just set a tone from the beginning that we're in this for you and we're going to get through this together. We're going to come out of the stronger and that tone was just exceptional and gave people a lot of comfort in a very unusual right and precedented time, and certainly our recruiting team, just to transition a little bit to what did we do, we had to change everything virtually overnight, and move from a lot of in person events to exclusively using virtual talent agencies from video interviews and virtual onboarding and virtual events, as we were still recruiting students from campuses to a virtual internship program where in the US we had over 3300 interns, a summer ago and we'll have an equal number this year, which we're excited about. So, the ability to pivot quickly, sometimes by choice, sometimes not by choice has been something we've certainly had to experience and leveraging more tools like social media right to engage candidates in a much more and in a much bigger way has been something that has changed and transitioned. We had our interns in fact Max, do an Instagram takeover last year and really showcase a day in the life of, and it was very authentic and real and people got to see what it was like to work at EY. So there's a lot of things we've had to do to pivot over the course of the last year, and some things that we'll continue to endure as we get back to. I don't know the terms are evolving but to what extent will our workplace be reimagined where things will be different.Max: Yeah, and EY probably already allowed for people to spend a lot of time working from home or working remotely. And, you know, of course would have been less impacted than say traditional manufacturing business where you have to show up at the office every day, but the white collar work can be performed from anywhere.Larry: Yeah we were able to do that, although it was a big change, certainly in our business, we're out at our client locations quite often and even there, and that stopped overnight, so our teams really had to pivot and figure out what type of tools, zoom, other tools, Microsoft Teams actually was a lifesaver for us.But tools to collaborate in a way that could accomplish the work and yeah, we were able to surely showcase and demonstrate that but, it takes a lot to change how you've done things for a long time to doing it in a new way overnight.Max: And you're mentioning tools so I want to latch on to that and you know I'm a technologist. I'm super interested in how you were able to transition to 100% virtual hiring. Perhaps you could tell us what we know, what were some of the favorite tools or some of the technology that helped you through that transition.Larry: Yeah, we were fortunate we've been on a number of years ago, invested in video interviewing. So on our campus side we use the yellow platform and we're able to easily switch from live interviews to video, because that has already been going on actually before the pandemic. And then we also use HireVue where we will leverage recorded video interviews and live video interviews and working with those technologies just has been seamless and allowed for just a very real experience and it didn't really impact our ability to meet and assess and compel candidates, so that so that was fortunate, and then Max actually this had started before the pandemic, but we have been on this journey to implement e-based assessments, which is a new thing in our assessment process, which gives us greater insight into a candidate's cognitive abilities and personality constructs and we rolled that out just a few months ago. So, the pandemic gave us more time to profile our high performers and one of the qualities they have that new joiners to have. And so far it's been a great experience getting that additional insight so it's another data point for us as we make determinations on whom we forward in the process. But it's fun, it's engaging, it's quick it's 12-15 minutes of games, not too long. A lot of the feedback has been, hey it's fun, it's challenging, and every participant gets an insight report, which gives them a take, they move from process or not and things that they can learn more about themselves and understand.Max: Yeah, I've even heard of some assessment vendors that would, if they're if they're not a good fit for the employer that submitting them, would go as far as recommending alternative careers, to those who say fail the test, although some tests are impossible to fail because there's no wrong answers. It sounds like in the case of your game, you're measuring the cognitive abilities so there is a way you can fail right.Larry: I wouldn't say there's a failure. No, I would say it's just getting an additional insight to more of your shrinks and, the important part of all this process whatever vendor you choose is, what is it that that you're looking for, and what's the right match and I do think you get better insights, I do think by having a consistent game you're helping to reduce some unconscious bias in the process, and it just adds another data point to making perhaps more informed date decisions, and not going on gut, which sometimes can happen in the assessment process.Max: We know to love and hate our gut. I've had many people on this show, who have shared moments in their recruitment history that they've come to regret, a hiring mistake. A good chunk of them could be put in sort of in the gut basket, where you just go with your gut, and you forgot to ask all the questions,you forgot to go through the process. Larry I am going to ask you the same question, you know in your 18 years at EY, don't tell me you haven't made some recruitment mistakes. We all have.Larry: Never.Max: Been back to one particular thing that's done, and without giving names, could you share with me,what was the source of your mistake?Larry: Yeah, no I mean certainly, of course, we've all made I'd not say mistakes but maybe. Yeah, I mean missteps, I know that's a nuanced word. I think for me when I look back, it's when I didn't probe enough, I really didn't get under the surface of the traits, and capability, someone was bringing in and got a little bit too enamored with this as what was stated on the resume so this had to be the truth. So, getting underneath it more is something I've been focusing, I focused on more after some of those experiences. Pardon me for that noise and interruption. So getting underneath that surface so when I didn't do that enough, then I had certainly some mistakes so you always have to take that resume, take that background and really dive underneath it to understand the worst capabilities and what they did and what they bring to the table to truly know more of what you're bringing into the organization.Max: No wishful thinking, basically. No wishful thinking. Don't assume positively. Great. Well, thinking about the last year and changing the landscape view. I'm wondering about the geographical elements and whether you know the longitude and latitude data that we get tagged on to every single individual, as to where they live or where they're going to go to work as that element has lost its weight over the last year. How's that affected the map of the town for you and your recruitment strategy? Are you now looking at North America differently than you were a year or two years ago?Larry: Yeah, I think even before this, just the insights that we're able to get from some of the tools out there, give you a better idea of the supply and demand for skills. And that has certainly helped us focus when we see a bigger supply of talent for a particular skill set, right, in that location a little bit more than maybe we did in the past and there's certainly some shifts going on right there's some shifts in technology from the West Coast down to Austin, down to the other parts of the US. So we've always been following those trends and using the data we're getting from a variety of tools. But yeah, as we are reimagining the workplace, we are gonna, as an organization, work differently. And I mentioned earlier, we're a consulting firm or professional services organization so we spend a lot of time with our clients. And now as we listen to what our clients are thinking of doing as we come out of this, many of them, want a hybrid where we're in person but also working flexibly a little bit more than we did in the past and is something we're able to factor into where should people be hired into and where can they be and open different doors, so I wouldn't be able to tell you right now there's certain locations that we're particularly focused on but it does open up the funnel of where you can find talent and then imagine how we're working.Max: Yeah, I'm not gonna ask you to open the books on the specifics of which state is performing better than others but would you agree with the statements that the big metropolitan areas have a little bit less veneer today than they did a couple years ago, is that a fair statement?Larry: I think it depends on the talent you're looking for right and you've got to get a bit granular, to where that talent is so for example if I'm looking for deep financial services experiences right certain cities are going to come to mind and at a point to come to mind because that's where the talent is. Now some of that talent may be shifting elsewhere so we'll have other areas to look at but we certainly aren't going to ignore where those pockets of talent exist. I do think that there's a personal choice that's occurring for people from the pandemic of where they want to work right and that certainly that's gone on. I do think it's hard to know if that's completely permanent, Max, or that's what's happening now. But things could shift back so I think we have to pay close attention to those themes. I would say where we're headed, if we're looking at an integrated workforce being our full time staff, where does automation play a role, right in delivering work. How does the contingent workforce play a role and how does our global organization also play a role and how do we serve clients effectively. So I think all those levers are parts of our integrated workforce that are getting looked at even more closely and differently with just some of the changes that are going on in the world.Max: And is a portion of your new workforce, coming from location undisclosed to New Mexico,Tamarindo Costa Rica or some other exotic places where people can deliver consulting services from any old place now, these days, or we're still attached to sort of more traditional models.Larry: Yeah, I'd say right now in the US those working in the US organization are our residents in the US. And I don't think that's changing in the near future but certainly something we need to pay close attention to.Max: Who knows. Yeah, it's becoming a small world. And, well, the small world has brought us together for a nice chat. I certainly am personally thankful for the time that I've spent in management consulting because I thought it was a little bit brutal but I loved it, and I thought that it helped to shape some of my thinking and made me a little bit more demanding to myself on the thinking part. So, I think it's a great career for a lot of people who want to be a little bit more structured, and thanks for coming to share your stories, Larry, on the podcast. How do people get in touch with you if they'd like to?Larry: Yeah, certainly you could always look me up on LinkedIn, that's probably the easiest way, Larry Nash. And I'd say with management consulting Max and I totally get everybody's going to have a different experience. But I'd leave you with this or leave those that are listening, the ability to work with, fortune 1000 companies and emerging companies and being able to see all of those over the course of a career, can truly, right, make you just a more well rounded individual as well as give you experiences that will help you over the course of a lifetime. So I certainly if anybody's interested in a career in professional services look me up on LinkedIn and Max I appreciate your time and talking with you today.Max: Thanks, Larry. Well we'll leave you with those engaging words for EY. And thanks again for coming on the show.Larry: My pleasure.Max: That was Larry Nash from EYI reminding us never to waste a crisis. In the case of EY, they were able to transition a lot of the initiatives to accelerate a lot of the initiatives that they had already started around video interviewing around gamification in order to get a more automated process and to be able to consider a wider talent pool across the last year. Hope you enjoyed this interview and that you'd like to hear from more talent acquisition professionals from a variety of industries. That's what you'll get on the recruitment hackers podcast. So please subscribe and share with friends.
Rick Weddle: Welcome to Site Selection Matters, where we take a close look at the art and science of site selection decision making. I’m your host Rick Weddle, president of the Site Selectors Guild. In each episode, we introduce you to leaders in the world of corporate site selection and economic development. We speak with members of the Site Selectors Guild, our economic development partners, and corporate decision makers to provide you with deep insight into the best and next practices in our profession. In this episode, we have as our guest, Larry Gigerich, executive managing director of Ginovus, one of the nation’s leading location advisory firms. Today, Larry will talk with us about infrastructure. More specifically, Larry will discuss how a national infrastructure plan can position the U.S. for long-term economic development growth. Join me as we welcome Larry Gigerich to Site Selection Matters. Rick: Larry, today we’re going to be talking about infrastructure, and more specifically, a national plan for infrastructure. But before we jump into the details, why don’t you take a minute, if you will, explain to our listeners exactly what is meant by this word infrastructure? Larry Gigerich: Well, absolutely, Rick, and great to be with you as always. In my mind, infrastructure is really a physical asset as you think about. It’s something that’s required to support residential, commercial, and industrial development. So I think about things like roads, rail lines, water, sewer, natural gas, electric, broadband. Those kinds of issues are really key underpinnings to economic development and are physical in nature. You know, without it, businesses can’t operate, individuals can’t live their lives. They’re all things that are important to what we all do day-to-day, and we really need certainly a national plan to help us enhance our infrastructure in our country. It’s something that is important. Again, serves as a key underpinning for economic development over the long-term, and it’s something, honestly, we’ve neglected for a few decades as a country in the U.S. and something needs to be addressed. Rick: You know, Larry with that definition as a baseline, physical infrastructure, you’ve explained that very well kind of what it is. Take a minute, if you can, help us understand why infrastructure development as a process is so important to economic development, and as a follow-up, why a national plan seems to be the right way to go. Larry: Yeah, absolutely. So, you know, again, as I think about infrastructure and those physical assets, it’s really important for economic development as it relates to being able to either develop or redevelop sites or buildings, you know, having the things in place that you need to. You know, as I always say, it’s kind of like when you think about infrastructure, you know, when you throw on the light switch and your lights come on, you turn on a faucet, water comes out, you don’t necessarily think about that infrastructure and what it takes to get it to your business, to your home every day until you don’t have access to, until you turn the light switch and the lights don’t come on or turn on the faucet, no water comes out, then it becomes a crisis. So I think that the importance of a national plan, especially one that ends up being focused on physical infrastructure is really important. Again, we’ve not seen anything concentrated, probably close to 30 years now, and we’ve seen a lot of aging of our existing infrastructure, let alone the technological advances t
Host, Cirina Catania, catches up with OWC’s owner, Larry O’Connor, to get the inside, under the hood skinny on how to configure your order for a new Mac Pro from Apple. It's an in-depth reveal of just about everything you need to know about the new Mac Pro and OWC's solutions for it. How many cores should you order? What kind of graphics card? How much memory? Does it matter which monitor you are using? What about your SSD internal storage? So many questions, so we went straight to the source and asked Larry. As usual, he has the answers! For more information, go to MacSales.com. You'll find hardware and software solutions and tutorial videos that will get you up and running in no time. For more about our host, filmmaker, tech maven and co-founder of the Sundance Film Festival, Cirina Catania, visit cirinacatania.com. If you enjoy our podcast, please subscribe and tell all your friends about us! We love our listeners. And, if you have ideas for segments, write to OWCRadio@catania.us. Cirina is always up for new ideas! In This Episode 00:11 - Cirina introduces Larry O’Connor, CEO, and founder of Other World Computing.03:56 - Larry explains how to start choosing your machine based on the memory variant.07:31 - Larry explains how the Accelsior card works with the Mac Pro.12:03 - Larry tells the story of when they built an SSD designed for RAIDS with no need for TRIM.16:27 - Larry shares how to save money and get quality products by upgrading your Mac Pro with OWC products.20:57 - Larry recommends graphic cards based on specific working requirements and tips in buying the products.24:55 - Larry shares how they create products based on people’s challenges and pain points.29:19 - Larry shares the transition of TLC to QLC.34:54 - Larry shares the benefits of investing in high-performance flash memory.41:08 - Visit owc.com or macsales.com to check out reliable quality products. Jump to Links and Resources Transcript Okay, we are rolling. This is Cirina Catania with OWC Radio. I have Mr. OWC on the line, Larry O'Connor, the CEO, and founder of Other World Computing. We got a lot to talk about today. Don't we, Larry? Yeah, we always do, always lots going on in the world of technology. Yeah, there is. So I wanted to talk to you because I'm getting a lot of questions about configuring the new Mac Pro. And I know that OWC has solutions that can help us get more of what we need for less money than we can get on the Apple Store. And as much as I love Apple, I do trust OWC's memories, so I thought maybe we could take a minute and go through what a customer would need to know when they're buying the Mac Pro and how OWC can help with all that. How about that? In the Apple Store, you're going to pay a big premium, but I would never, certainly not today, question Apple's quality. Aftermarket, there's a lot of variabilities, and I would argue a lot more risk in that department. And now, we're glad to be certainly certified with all of our products with extensive testing and actual ownership of machines to ensure ongoing quality when it comes to memory. For memory, I have to recommend anything that's upgradeable from Apple, buying the absolute minimum that you can purchase and then be able to upgrade with OWC in this particular case. It literally saves you thousands, even under the smaller memory upgrades. It's a huge saving and to get effectively the same quality of product and a warranty that is lifetime versus just a year on AppleCare extended. And the memory in the Mac Pro Apple, the set is user upgradeable. They even had instructions up, which I believe at this point, they cranked. They had a mistake in how they tell people where to put the additional memory, but that was early on and taken care of. Nonetheless, it is a user-supported upgrade. We tell you where to put it, and we tell you the right place, we'll show it in a video, so easy to do and then great savings.
A history of a history of west OlympiaMusic in this episode:Frog In The Well by Lucas Gonze used with Creative Commons licensePaper Crowns by Ditrani Brothers used with permission.Sleep by Ronny Tana courtesy of 2060 recordsSwing Gitan by Ditrani Brothers used with permission.Feathersoft by Blue Dot sessions The following is a full transcript of this episode:Rob Smith: One thing I know about the last name Smith, is that it makes you hard to find. I've always seen this as a benefit, but now I'm trying to find a random Smith. Larry Smith. I've been thinking about this guy for several months now. Ever since I learned he helped write a book that's long been out of print. I found a copy of this book on eBay, bought it for $25. It's called How the West Was once a history of West Olympia.On phone: Hey, my name is Rob Smith, and I'm calling for a Larry Smith who used to be a English teacher in Olympia at Jefferson junior high school. And I have no idea if this is the right Larry Smith, but he wrote a book called With some students and I wanted to talk to him about that book that he wrote. So, if that's you, Larry, if you're the Larry Smith..Rob: Here's what I know. Larry Smith was an English teacher at Jefferson Middle School in West Olympia. In 1974, his last year teaching at that school, he assigned his eighth graders a collective writing project. How the West Was Once is the product of that assignment. On the phone: Hey, my name is Rob Smith. I'm calling for a Larry..Rob: The book is small. I'm holding it here it's about eight by five, and just under 100 pages, black and white. My copy has this blue binding material holding it together. The cover's yellowing and only slightly thicker than the books pages. It's clear it was made on a budget. And yet it's well done. Those hundred pages are full of accounts of life on Olympia's West Side, from the mid 19th to mid 20th century. It's not definitive by any means. Some of the stories read a little like legends, and there's a few cringy passages. But the book adds real personal color to the history of West Olympia, a place I learned, once known as Marshville. Ever since I got my hands on this book, I've been thinking about the people who wrote it. I wanted to talk to them. What sort of teacher takes on a project like this? A lot of what I like to do with my audio work is record stories of older people. I see it kind of like time traveling, or preservation at least, it struck me that that's exactly what this project was doing. 45 years ago, in book form.I pay for this service that I use to look people up. It's kind of amazing. You can get phone numbers, addresses, email addresses. The problem is there's a lot of false positives, old numbers, dormant email addresses. Most of the time, you're just reaching out to the wrong person all together. So I went to Jefferson Middle School, the place where this book was written over 45 years. ago, I talked to the principal. He'd never heard of the book. The one who worked there the longest, a woman at the front desk, said she must have just missed Larry Smith. She started in the late 70s. I was told to go see the librarian. She knew the book, had a personal copy herself, but didn't know what had happened to the teacher who orchestrated it. I called the district offices, talk to someone in archives. They had nothing. So I decided to go back to the book, knowing i'd have better luck finding one of the couple dozen students listed in the credits. The first page is a list of names. And at the top of the alphabetized list is Rick Aarts. AARTS. I looked him up, called him, left a message. He called me right back! Rick was great. We talked a while about the book. and what he remembered about his teacher. He said Smith left an impression Only had good things to say about him. I asked him if he knew what had happened to Mr. Smith. Rick remembered something about California. Maybe he moved there for health reasons. He couldn't remember. Rick didn't want to talk on tape, said he'd be a lousy interview. I disagreed. But he gave me another name. So I stopped bugging him.Ray Houser just turned 60 he was one of the eighth graders that put together How the West Was Once Ray Houser: I lived on Decatur Street, which was probably a block and a half from the elementary school, and maybe 8-10 blocks to the junior high. Walked to school pretty much my whole life - typically with my buddy Bruce and Rick and, you know, we built these and developed these relationships and it was back in an era where you could ride your bike anywhere you wanted and you coiuld stay out late at night and we'd go to the park and... It was a little Mayberry.Rob: Bella biagio was also a student of Larry Smith.Bella Biagio: I was considered basically, maybe the class clown. Just because I am who I am and I continued. (laughing) I just you know, I'm, you know constantly.. things make me laugh and everything's comedic to me. So sometimes that got me in trouble.Rob: Ray and Bella both remember Larry Smith as an exceptional teacher. Bella, who as an adult would be diagnosed with ADD found relief in his class.Bella: He was one of the people... if anybody, you know, you didn't think you were done. He... you know what I mean? I f you had that in your mind, that was completely eliminated when you were in his class.Ray: What was unique about Larry was, he was a younger teacher back then, and I was a younger student back then - and he really took a genuine interest in his students and knew something about his students and And genuinely cared about his his kids. Rob: I interviewed Ray and Bella separately on separate days,Bella: Even though I am who I am, and I have this personality and everything. I also am very insular and somewhat shy,Rob: But they both landed on the same word to sum up their eighth grade English teacher 45 years later.Bella: But he just, you know, he was able to like, just take you and just make you feel really safe. I think that's a very good word for him.Ray: It was safe, it was safe physically, it was safe intellectually, and it was safe emotionally.Rob: Obviously, many of their memories have faded. But this feeling of safety has stuck with them all these years. Other memories have stuck around as well.Bella: He had a very distinct smile, a very distinct nose. It's it's weird that I remember this. Like I remember some of the clothing he wore. Like he would wear shirts with the little tie maybe, sports jacket maybe, a sweater or something but he was just always so like... Look he's so cool! And just just like little, the twinkle in the eye and the smile and lanky, sort of tall guy and his wife was beautiful.Rob: Larry's beautiful wife was another clue I had. I knew her name was Nikki. I'd left about a dozen messages for people I thought might be Larry, but none of the contacts had a Nicki associated with them. Then finally, one night as I was making dinner, the phone rang. The caller ID said Smith, Larry. I answered. An old voice told me that he was indeed Larry Smith. And he really wished he was the Larry Smith I was looking for.That night in kind of a fit of desperation. I just googled something like Larry Smith, English professor, California. And as you'd expect, I got a lot of hits. But I found this one in LA, a teacher, an English professor at LA City College. I clicked on his rate my professor page - years and years of glowing reviews. I knew it was a long shot - I mean, Larry must be retired by now. But I emailed this professor and went to bed. The next morning I had a new email. I hit record on my cell phone just before opening it.Rob reading email: ...and just based on the subject line, I think I might have found him… Ha. Cool. "Rob, haha, you hit the jackpot since I’ve never had been on Facebook or MySpace. I'd assume I'd be hard to trace. After Olympia. My wife and I moved to San Jose for four years. On to Coos Bay, Oregon for 16 at a high school, with two in the middle to work in Papua New Guinea to give our three kids a true cultural experience. Paso Robles, California for six, California Youth authority prison, then down to LA area in 2000. Where I continued with high school and adjuncted at several colleges. Now I'm in my fiftieth year with no plan on retiring…. Phone message:Thank you for calling the Whittier Union High School District. Please listen closely to the following options as our menu has changed. Para Espanol oprima a nemero 8. If you are calling from a touch tone telephone and... # Wait while I transfer your call…Larry Smith:Hey, morning, Rob.Rob on phone: Hey, Larry. How you doing?Larry: Good. Great. Hey, let me go grab Patty. She had a she had an event and so she's around here somewhere. She's the one with a phone.Rob I got ahold of Larry Smith in his classroom. He recorded his end on a colleague's cell phone. Larry: Okay, we're on.Rob on phone: Okay, well, um, can you just start, Larry, by introducing yourself, and maybe where you are right now?Larry:Yeah, my name is Larry Smith. I'm a teacher. This is my 50th year. So I've been teaching starting in Olympia, Washington and now I am in Whittier, California teaching at an alternative high school, and Los Angeles City College and living in Pasadena.Rob: Larry grew up near Seattle. It's where he expected to start his teaching career after graduating from Seattle Pacific University. But he finished school during a big recession.Larry: Nobody was hiring. And so I just started going further and further south until I finally found a district that did have an opening and I found the first one in Olympia. And so I had literally never stopped in Olympia. I'd never been on the Capitol grounds. West Olympia, I had no idea what that was. So the first time I really saw where I was going to be living was for my job interview and ended up really enjoying the area, rented a house. It was on Plymouth Street, a two story house in West Olympia for $65 a month! That's how bad the house was and how the economy was in those days.Rob: Jefferson junior high, it was a junior high then not a middle school, wasn't in great shape either. Larry says./Rob: It was pretty rundown, actually, you know, there was like three trees on the whole property. In fact, I think my second year there, we did a big project where we got a bunch of trees donated and the kids planted them along the front of the school and on the side. And I believe if you drive by Jefferson today and see any fairly large trees along the front, they were planted by my eighth graders that year.Rob: I asked Larry what he did for fun. Like, did he go downtown?Larry: No, I didn't. Downtown, my goodness? No, that's where the Washington and Reeves kids hung out. And I wouldn't dare do that. No I was pretty much Westside. I mean, You know, I would eat probably three times a week at Bob's Burgers, which was right across the street from Egan's drive in, which had the worst worst ice cream in the history of humanity, which was so grainy that it would literally sand your teeth down and would go to Peterson's Food Town to buy my food. And then went to church at a little church actually was built during probably my second or third year there, Westwood Baptist Church.Rob: He still had friends and family up north. He'd visit them on the weekends.Larry: So I would jump in my Volkswagen bus, hippie mobile and drive into Seattle and then come back on Sunday for church and then, you know, kind of that was sort of the ritual but yeah it was pretty much West Olympia. Rob: Larry started teaching here in Olympia at 22. closer in age to his students than to their parents. Far from home for the first time, he just folded himself into the west side community. Larry: It was just pure fun. You know, and as a bachelor first year teacher I mean I lived right in the middle of where all my students lived and you know, my door didn't have a, my house didn't even have a lock and I would come home from school and five kids would just be hanging out in the living room and I would be invited to dinner all the time. And, I mean, it was just really a big family thing.Rob: The Bachelor days were short lived. In his third year teaching, Larry magically reconnected as he puts it, with a woman he was engaged to years before at SPU. Within three weeks, the two were married. over winter break, Nikki resigned from her teaching position in Santa Cruz.Larry: And then she moved up and shivered for a year and a half before she talked me into moving south.Rob: It was Larry Smith's last year teaching in Olympia that How the West Was once was written.Larry: I knew it was going to be my final year. I just wanted to try something really unique. And I just happened to be really blessed by an incredible group of kids and wanted to do more than just daily and weekly assignments. And so we just took on this virtually a year long project. Ray:He explained it to us and said that we're going to, we're going to write a book as a class and it's like, oh, okay, well, what does that mean?Rob: They had to decide what to write a book about.Larry: We listed all the possibilities, and I remember one of them was all the uses of ivy. But that didn't seem like a book that would really sell and might have been a parent came up with the idea that we should do a history of the local area because West Olympia is really a distinct geographical region from the rest of the city.Rob: Larry says the first topic was wild John Tourneau, a mass murdering man of the woods that one of his students had told him about. A story he'd passed off as legend. Larry: We looked it up. And sure enough, this guy was a real person who was killed in a gun battle. And so he became sort of our first story and then it just took off. Ray: Everybody in the class got assigned different, different jobs, editors, interviewers, researchers, etc. And we kinda launched into this giant project.Larry: Different kids got more involved. Some of them were involved in every single aspect. But nobody was uninvolved. It's like the entire class picked up the vibration and parents were actively involved. I would get phone calls from people just out of the blue suggesting somebody to go interview. You know, the kids didn't have cars. They were eighth graders. So, their parents would drive them out to the middle of nowhere up to the end of Cooper point or somewhere and sit in the car while the kids went in and did the interviews.Rob: This was all on top of the regular duties of eighth grade English - reading, writing vocabulary. A lot of the work on the book, like the interviews took place after school or on the weekends. Ray and Bella did some of those interviews. Ray: My role was to actually go out and meet with the elder community of West Olympia. They were so gracious and so interested and willing and eager to share their experiences and many who had lived there their entire lives. Rob: Ray remembers a couple of those interviews in particular. One was with an old man that lived near the water and mud Bay.Ray: He wasn't a curmudgeon by any means. But he talked about how the changes and the you know the bringing of new businesses had kind of altered the community feel. And then the other was just an elderly woman who like I say she had cookies and lemonade and it was just exuberant and excited and wanted to meet with us. It was a little intimidating. I was in eighth grade and I was with Larry and my buddy Rick. And we really enjoyed spending time with her and just very gracious and very interested in sharing her experiences.Bella: Oh, they just thought it was so great. I mean, they just thought it was so exciting that one, we we're writing a book and two, what it was about, because, you know, nobody was gonna ask them the history of West Olympia. And they were really excited about, I think, I think people really enjoy telling the history of where they've lived, probably all their entire life.Rob in conversation: Yeah. Some of my favorites are the personal ones like the guy that did the ark, built the ark.Bella:Yeah. Why did he built the Ark? I don't rememberRob in conversation: I think he was waiting for the second flood?Bella: Yeah, you know that really live in it up, didn't it? (laughing)Rob: Each chapter of the book is a different topic or story. There's a chapter on the different incarnations of the Fourth Avenue Bridge, The story of Harry Beechy, a hulk of a man who lost his arm working as a longshoreman. I love the story of the streetcar that used to run up Harrison Hill, and take a right on Rogers, how kids greased the tracks one year as a Halloween prank. Each account was recorded by the kids during the field interviews, some on tape, some handwritten notes. The stories were written up back in class, then edited. Larry says plenty of the work didn't make it into the book.Larry: Certain stories, we couldn't verify. And so they were eliminated. The stories that weren't as well written and we just wanted it to be a crisp, concise, only the very best. And so the story about Harry Beechy, the guy that built the ark, and the plane that crashed into St. Peter's hospital, you know, they made the cut and so we really focused on them. Bella: Here's the art guy! Here it is! Oh my god, (reading)“Bill started work on ark II in 1922 and worked on it for four or five years before he finished it” (laughing) "Bill was an average man except for one thing, he built an ark". Oh, that's great!Rob: When the writing was done, Larry's wife Nikki typed it all up. This project wasn't over yet though. Students helped collate the pages and learned how to bind the books. There was marketing. They built wooden display cases to put in shops around town.May 16 1974, the students finally had finished products to show for their work.Larry: We just sold it I think it was for $1.25, which probably today would be about $15. Of course, every kid in the class had family members who wanted to buy them and the Daily Olympian published a story about it. And that developed some interest.Rob: The book sold out in no time, 1500 copies before school was even out for summer. Summer was when Larry and Nikki packed up their house on Plymouth Street.Larry: I basically put a fairly large group of them in charge of whatever was going to happen with a book. And they authorized and supervised another printing, continued to sell, continued to meet and determine where the money would be distributed after I left the school. I mean, this group was so responsible and incredible. Rob: Larry didn't know it, but he wasn't done with this group just yet. The following year, they won an award.Larry: Yeah, it was, it was like a new author prize that was given every year for the entire state of Washington. And it was so exciting to them and I, of course didn't know about it, and this was way pre-internet and nobody had my phone number but I got a... somebody, I think I had a forwarding address probably in the personnel office. And so I got a letter from the kids confirming that it was me and once they knew it was they purchased and sent me down a round trip plane ticket from San Jose to SeaTac and back to attend the, it was a governor's reception at the Capitol, and all the kids, it was funny because there were just probably 10 other adult authors and then like 50 kids (laughing) at this thing, that were still actively involved in this book, and they all got some kind of a metal certificate. I can't even remember what. But it was great, you know, best reunion I've ever had, even though it’d only been a year to just see, see how these kids had grown and just continued to be an enthusiastic bright group.Rob: In the end, about 60 Kids helped in the production of the book. 2500 copies were printed and sold. And much of the money from the sales was donated to help local senior citizens. Bella and Ray, both tell me that they think often about this eighth grade project and their teacher, Larry Smith.Bella: He really just made this thing happen. Like we wrote a book.Rob: Bella - whose last name in the book is Sabella, by the way - Bella has made a career in the performing arts, both on stage and in the restaurant industry. She says that Larry's class, that feeling of safety, helped her out of her shell and gave her a feeling of accomplishment.Bella: You know, feeling so like important and proud that we did this, you know? And, you know, I think it's a really wonderful thing that we all had that opportunity. 'Cause I don't think a lot of people get to have that kind of opportunity. They just don't.Rob: Like Larry, Ray Houser went into public education. He's worn a lot of hats over the years. From teacher to assistant superintendent. One of his roles had him traveling the country researching effective teaching strategies. It gives him a unique perspective on Larry's approach to teaching.Rob: I gotta say, Larry was lightyears ahead of his time when it comes to effective teaching strategies. And I've, I've done a ton of research. The whole idea of relevance, real world experiences, collaboration opportunities, engagement strategies, it was, now that I look back on it, I didn't know then obviously, as an eighth grader, it was, it was pretty incredible that he had kind of discovered how to engage his students, how to ensure that their learning was, was relevant and required them to work collaboratively. That's, that's the stuff we've been focusing on for the last 10 years and we're still trying to get into most of public education, he was doing it 40 years ago.Rob: Larry was modest when I asked him if he had any secrets to great teaching.Larry: Yeah, the secret is when you teach Junior High they're, they're too clueless to really know how bad you are. And if you tell jokes and give fun assignments, they might like it. But, you know, I don't know. It's hard to tell. I mean, teaching in some ways is hardly, it's not like a job for me because, it's like the old saying that if you do what you love, you'll never work a day in your life. And it's… I got a, received a card from a student in that class that I tucked away somewhere that said "Mr. Smith promise you'll never grow up". And, unfortunately, my wife says that's the case.Rob: After the self deprecation. Larry got a bit more real.Larry: But really what it boils down to, it's kind of a 50/50 thing. You have to love the material and you have to love the students. And if you love the students, you're going to make sure they learn the material and if you love the material, you're going to make sure the students you know, have access, learn to love it as much as you do. And you just can't take things too seriously. When kids are in bad moods, you can't think that they're doing it because they're angry with you, but there's probably something going on in their home and, and a lot of that whole philosophy came in my very first year teaching probably three or four months into the year, a student who was a foster girl, her name was Valerie Good, was shot and killed by her foster brother in their home. And it just shook me to the core realizing how fragile life is and how special these kids are. And that stuck in my mind forever that you know, every single kid is really valuable and full of potential. And to this day, I think, after 50 years and probably 50,000 students I don't think I've met one kid who didn't have vast potential and some of them never realized it. Some ended up in prison, some ended up dying of drug overdose, some ended up suicides. But the possibilities were always there and, and since you don't know who's going to just blossom and potentially be the next, Michael Jordan or Barack Obama or, you know, great author, you just treat all of them as if that's going to happen.Rob: These days Larry and Nicky Smith live near Los Angeles. They have three children and six grandchildren. One of the things that Larry loves about Southern California is all the different cultures. He tells me that LA City College where he works is the most culturally diverse college in the world. Another obvious difference between here and there is the weather. Larry can't seem to get enough of the warm, sunny climate after his early years in the Pacific Northwest. Maybe this is the origin of the rumor that Larry and Nikki moved to California for health reasons. Despite the weather, Olympia holds a high place in Larry's mind.Larry: Of all the schools I've taught in, the class of 1974. Jefferson Junior High is the most memorable. It was that group that, I mean, all my kids in Olympia were great, but for some reason, it's like a convergence of the planets or something. But I still can look over the names and picture every single kid in that group. Great, great memories, and I wish I had been a more experienced teacher and had done a better job academically, but I'm sure if I could find out what you're doing. I would be so proud and so impressed and so amazed, and just, you know, blessed that I got to be a part of your lives for nine months, and that was the best nine months of my life. So thank all of you for sure. From the bottom of my heart.CREDITS:Rob: Thanks to Rick Aarts for calling me back. Thank you, Larry for checking your email. And on that note, Larry says if you're a former student of his, he'd love to hear from you. His email address is Smithoverseas@hotmail.com. Thank you to Ray and Bella, for allowing a total stranger to come into your homes and talk with you. Even if it was against the better judgment of your friend, Bella.Bella: My friend's like "hey, do you know this man?" I'm like, "No". he's like, "you're letting him in the house?" I'm like, "Yeah." He goes "Do you have something that if you need to kill him..." (Laughing)Rob: You heard music today by, in order, Lucas Gonze, two pieces by Northwest band Ditrani Brothers. The psychedelic track was by local artists Ronnie Tana, courtesy of Olympia's own 2060 Records. Additional music by Blue Dot Sessions. Ending theme music by skrill Meadow. More info and links on all these artists in the show notes and welcometoolympia.com.I first came across the out of print book How the West Was once in the bibliography of a book that's very much in print. Understanding Olympia is a really funny and (smiling) mostly accurate guide to Olympia by David Shearer Water. You can buy it at Browsers, Orca Books, or online at buyolympia.com. Ending Theme Music by Skrill Meadow. With permission I posted the chapter on the ark builder, Bill Greenwood at Welcometoolympia.com. It's under the show notes for this episode. Also, this book wasn't the only extracurricular activity that Larry Smith did with his class. They also made silent films. Ray still has one of these and he shared it with me. Honestly, it's just a bunch of teenagers goofing around on the Capitol campus, but it was 45 years ago. Check it out. Welcometoolympia.com. It'll also be in the show notes. Finally, I thought it only fair that I give Egan's a second chance on Larry's behalf. It has been 45 years. I took my five and seven year olds recently. Rob at Egan’s: Does it taste grainy at all to you?7 year old: No, it tastes like ice cream a tiny bit melted with chocolate and vanilla mixed up together good.Rob: There you have it. I'm Rob Smith.
The cavnessHR Culture Podcast – A talk with Larry Naylor – President/COO of Naylor 2 Enterprise, LLC (N2E) – SDVOSB https://www.cavnessHR.com Larry's Social Media!! Website: https://www.naylor2enterprise.com/ Larry's LinkedIn: https://www.linkedin.com/in/ldnaylor/ Larry's Resources!! For anyone that reaches out to us. Let us know that they're looking for an opportunity to receive some awesome transformational leadership initiatives in their organization. If they contact us and let us know that they heard this in relation to this podcast, we are going to provide discounts to them for that. Daniella Larry is the President and Chief Operations Officer for Naylor 2 Enterprise. N2E is a Veteran and Minority-owned small business that provides corporate training, development and administrative management consulting services to U.S. and international organizations. At N2E, he's responsible for the conduct and business operations of global transformative leadership and consulting service initiatives. Earlier in his career, Larry gained extensive leadership experience while serving 20 years as a commissioned officer in the army, where you retired as a Lieutenant Colonel. He spent 13 years with L three Technologies, Inc, a $10 billion company where he was the Director of Training and operations for global trade and master trainer. Responsible for providing leadership training to 38,000 employee infrastructure. So Larry is like super leadership guy. He's probably the most qualified leadership guy we've had on our podcast so far. He's got a bachelor's, Master's, all kinds of training certificates, most recently got a coaching certification from Georgetown, I believe. Larry is very active in several different organizations, including the Society for Human Resource Management, Association of United States Army, and the Society for International Affairs. So Larry, can you tell us something that you are working on these days? That is super exciting? Larry Absolutely Daniella, I would have to say several things are going on right now. But what most exciting is to be able to work specifically for a law enforcement agency. We are working to put together a leadership program. What that program does is it's transforming the department. To see that happening right in front of your eyes, where people from the sheriff down to the sergeant are realizing that there is a better way to do things and to watch them self transform. To recognize that wait a minute, I am. I am I'm different. Because I see myself now I'm, this is amazing. It's exciting, not barring the fact that leadership when you look at the essence of leadership, and when you sit people down and talk to them about the importance of it, and how you can see the lights come on. Daniella It's so interesting that you mentioned law enforcement, and people tend to think of law enforcement teams, military teams, as some of these very high-speed organizations as Oh, they're just great teams, right? They're great teams, they have great leaders, they don't need to work on it. But you're saying that they do need to work on and they are working on it, which is great. Larry Absolutely. I think most organizations realize once someone comes in, and there's a moment of silence, and it allows them to reflect on who they think they are, as opposed to who and what they should be. They do realize that we probably could do some changing here. Especially in law enforcement organizations. Maybe we should think about looking at another way of doing things, approaching people talking to people and things like that. I think the military is doing that and, of course, I'm a few years removed now. But I'm hearing out there in the winds that the winds of change are starting to blow where the old school military of because I said so is changing now to be more encompassing of the group. Bottom line the mission still needs to happen. But just because you ask others, instead of just telling them and commanding them. Once you ask them, they will probably follow you with the same zeal, purpose and commitment. Because they feel like you love them enough to ask them their opinion and allow them to do it. So I think that's where we're headed. Daniella It's interesting, the bottom line is the mission still needs to happen in any corporation, right. But a strong culture and a strong team is going to get you to your mission so much faster. I think what the modern sort of leadership is starting to learn, and it's starting to realize. think in the military for the longest time in the in sort of the special disciplines, we already knew that. Right? So in intelligence, which is what I did, we knew that I can order how much can I order my guy to analyze and give me the best information? Not much, right? If he's not motivated to do it he can order a bare minimum of outcomes. But you can inspire kind of a lot more and if you let the experts live in their expertise like they will give you so much more information than you even want. Larry Yeah, that's true. That is true. Daniella Okay, so Larry, you became an Officer in the Army, the year before I was born. You retired a few years before I commissioned. Which means for the listeners that even though Larry and I are comrades in arms, we both served in pretty different militaries. As Larry kind of already alluded to. So Larry, as we heard, is now basically a leadership expert. He was telling me about some of the changes that he's noticed in the definition and practice of leadership over the years. Can you tell us a little bit more about that, whether that was your time in the military or your time in the corporate sector. Larry So as you said, Daniella, I started out in 86 and my first assignment was in Germany. That's the whole Cold War era. I'm a 23 year old kid out of college. I was taught and bred to do what needs to be done, salute the flag, make it happen. I grew up through that time, from the wall, the Cold War, the wall coming down, and then through Gulf War One, and into 911 and deploying into Afghanistan, 101st, in 911. So I think my career spans a lot of different things in there. A lot in a short amount of time. In that 20 years, we went from cold war all the way to post 911. Larry So what I've what I learned as I continue to mature in the military, I grew up in an environment where you just do what you're told to do. You don't necessarily question, you just execute. You do that, well, you succeed. Then you go to the next level, and you expect everybody under you to do the same thing and they execute and it just works. I will say, when I moved from Afghanistan, coming into the Department of State, I spent about five years there at State Department, I had just left Afghanistan, and I flew back to the United States. There I was, and the environment was different. The language was different and the actions were different. Larry I struggled because I didn't understand that there was a transformation that was taking place from the military side to coming to the United States Department of State. The leadership styles were different and then from there, I went to corporate America. The leadership styles were absolutely different. I would say that I kind of lived through that to state government, local government, excuse me to federal government, and then to defense contracting. I realized that leadership is distinctly different in each one of those areas. But ultimately, today, after I had an opportunity to teach leadership, to, as you said, a 38,000 employee organization. I live leadership and probably didn't even realize how much you learn and gleaned out of being a military person over the years being thrust into it. Today, after understanding and believing that this is my calling, now. I do see that there are different ways to lead. I have started to look at the transformational leader. Larry If you can't love me, you can't lead me. Now, most people would say, I don't believe in that touchy feely part of things. Just do what I say, well, love has a big meaning. Love means, do you love me enough to whereas the leader, would you sacrifice yourself for me. Would the leader sacrifice themselves, so others may gain versus sacrificing others so that they gain? That's one of the things that I think is really important. As we get into this new type of leadership, we start to realize that you can't lead the way you used to. We're in an organization, we're in a time where four generations are together, and therefore generations worth of fault. There are all kinds of diversity things that are going on now. That same square hold leadership is probably not going to fit in today's round hole. So I have started to realize that a lot of changes that are taking place in leadership, and we're at the cusp of this transformational leadership shift. It is great to be there and I have a lot to offer. I'm looking forward to hopefully getting in front of even more people and explaining to them and getting them to realize that there is an another more effective way lead people to the things that you want them to accomplish. Daniella Now it's interesting, Larry, that you said people find talking about love and leadership to be touchy feely. Most people would probably categorize military leadership as not touchy feely. But the first thing we learn as leaders in the military is that leaders eat last. The whole concept of that is exactly what you said, you through eating last are signaling. I am willing to not eat if there's not enough food, which means, you know, going way way back to homo sapien fighting for food. I am willing to die for you are in modern day 2019, signaling to these people. I'm willing to die for you. Will you let me lead you? That's a very hardcore, not touchy feely concept. Larry It's funny, you should say that Daniella, I use that term a lot. When I'm teaching leadership, leaders eat last. For some people, it's like what I have to eat first because I need to have nourishment to be able to lead the people. it is a sign of sacrifice, a sign of devotion to your people. So grasp that leaders eat last. So good, good point. Daniella I think probably for all of us, you mentioned being a 23 year old kid right out of the Academy, right or out of ROTC? Larry Out of ROTC, that's correct. Daniella I had a similar experience 22 year old kid out of a commissioning program and you are obsessed with being the best. You think you need to outperform everyone else? How long do you think it took you to realize that being a leader was not about you, but was about your team? Larry It's funny that you should ask that question because there is a paradigm in there. Back, in those days, there was the zero defect army. I mean, you have to be near perfect, or you walk on water, and you just get wet to the ankle. I mean, you had to be that person. So what it caused is this, do not mess with me, don't touch me, because I got to be perfect. So micromanagement was a huge thing. All kinds of things came into play that caused people to be that way. Now, that's one end of the pendulum. The other end was that people started to realize in that era, what it caused was people's inability to feel like they could make a mistake. Or feel like they can allow their people to do things and use their own intuitive nature and ideas. It created this environment where you just felt like you couldn't do anything other than got to be perfect. It's got to be spot on. It causes you to grow up in an environment and a culture where you struggle with making a mistake. Daniella You're speaking to my heart because there's so much danger in the zero defect environment. By the way, it's still a zero defect environment for women in the military, and a lot of other industries, of course. But I am very glad to hear that these great leaders like you and leadership trainers are thinking about this. Larry We're teaching a law enforcement organization here in a few days, called women in leadership. I am starting to realize even more as a black man. I used to feel like I've got to do 110%, just to be equal with everybody else. Now I'm thinking about what it must feel like sometimes and in a workplace environment, as a woman. Who is intelligent, who is absolutely capable of doing even more than many others. I wonder if they have that same feeling that I have that I really can't explain and articulate. Daniella I think I can articulate it. So when you are a member, this of course my personal belief. When you are a member of a minority group, of which women are still considered one. You represent that entire group in a way that a member of the majority doesn't. So, for example, when you Larry, as a man in the military, messed up. Did something wrong made a mistake, you were Larry, the soldier making a mistake. When I mess up and make a mistake, this is why women shouldn't be in the military. Right? So Daniella Young had to carry the weight of representing all females on her shoulder in the military because we're such a minority there. You probably had this experience as a black man in corporate America or somewhere else that you represent all African American people in all of your actions. That is far too heavy of a burden for any of us to carry. Larry Also with that, because it is true, where you feel like you are representing as a leader. You're representing the greater organization or people. So everything you do is going to maybe impress others that are watching to have a perception of everybody that's like you that. So it causes you to feel like you have to ensure that you present yourself the best at all times. Which comes back to part of that theme that works within you as as a leader where you feel that has to be the case, and you're constantly making sure you push yourself to do that. Because you're you're representing something much bigger than you. Daniella I'd be interested to get your opinion on this. When you allow people to see holes that you have or places where you're not perfect? Well, other people might have skills in those areas that are on your team that have a specific skill in that area that you wouldn't have known about. Larry There are five principles that I kind of adhere to, when I'm doing training. Empathy, esteem, support, share, and involve. Most of the time, leaders will give someone responsibility to do something. But because there's zero defect mentality, or they feel like it can't be done, as well as if I if we're not doing it. They tend to remove the responsibility to the individual. Because Okay, if they turn in a 50% solution, you're like, okay, I'll tell you what, I'll work on it from here. Most of your subordinates realize that's what you do. So they only do half anyway, because you know, you're going to take it and do it. Larry But if you can figure out a way to involve your people, to where they take that as their own, and they actually feel great doing it. That's what makes the difference. A lot of times, leaders do not realize that you cannot function. These people are the wind beneath your wings. They are the literal air that you breathe. So if you do not empower them, and give them and involve them in the opportunities to do great things, without removing the responsibility, allow them to do it. If it's not done to exactly what your standard is, based on your perception of what right looks like, it's okay. As long as it's ethical and legal, moral and safe. Because what's going to happen, it's going to snowball, it's going to pay bigger dividends down the road. Daniella Larry, we're gonna have to wrap up soon. Unfortunately, I know. We could go forever. We'll have to have you back on in the future. Larry I would love it. Thank you. Daniella So Larry, are you providing a gift or a discount for listeners today? Larry Yes, I am. As a matter of fact, I would love to, for anyone that reaches out to us. Let us know that they're looking for an opportunity to receive some awesome transformational leadership initiatives in their organization. If they contact us, and let us know that they heard this in relation to this podcast, we are going to provide discounts to them for that. Daniella Perfect, and what's the best way to contact you, Larry. Larry So the best way to contact us is if you would, you can go to our website, it's www. Naylor2 enterprise.com or you can actually look me up on LinkedIn, Larry Naylor, I'm out there. You can actually see a lot of the information that we have. But if you go to our website, you can see some of our capabilities in leadership and in coaching, as well as international and global trade compliance and things like that. We'd love to come and talk to your people. We love what we do. We're passionate about it, because it makes a greater greater America, greater culture, greater world that we're living in. So we're so looking forward to doing those types of things. Daniella Perfect and all of the links and how to get in contact with Larry will be on our show notes, which are found www.cavnessHRblog.com. Okay, Larry, 20 seconds, what's one piece of advice for our listeners? Larry One piece of advice for our listeners. Leading is an art form. Leadership is a gift, but the ability to portray that so that your people will follow is where the magic actually happens. So I would empower all of the leaders who are out there, and it goes back to the beginning of what I said. Leadership Is loving your people, sacrificing yourself so that others may gain. Then in the end, you will realize that was what you were set out to do from the very beginning. Leaders lead from the front and leaders eat last. Daniella Larry, thank you for so much for sharing so much value on our show today. Can't wait to have you back on and thank you to all of our listeners Remember to be great every day. See acast.com/privacy for privacy and opt-out information.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Audio File: Download MP3Transcript: An Interview with Emily Olson Co-founder, Foodzie Date: June 29, 2009 Emily Olson: Foodzie [music] Lucy Sanders: Hi, this is Lucy Sanders. I am the CEO of National Center for Women and Information Technology, or NCWIT, and this is one of an ongoing series of interviews that we're doing with women who have started IT companies. We've got an especially exciting one today for all of you people who like to eat. Larry Nelson: Yeah. Lucy: And for people who like to create food, and people who like to eat. With me is Lee Kennedy who is the CEO and founder of Boulder Search, herself a serial entrepreneur and also a board member of NCWIT. And also, Larry Nelson, CEO of W3W3. Is that what you call yourself? Larry: Yeah, well, I call myself all kinds of things, but I'll take that. Lucy: CEO of W3W3. Hi, Larry. How are you? Larry: Oh, absolutely magnificent. I'm really excited about this, and as you said before, Brad and David Cohen are very proud of her. In a little conversation that I had with David Cohen about a month ago, I said, "Wow, they're doing so well". He said, "Well, you know, if you really think of it. They've got the natural product, the natural thing, and they're just tapping into the IT". So, they're very proud of you. Lucy: Today we're talking with Emily Olson. The reason why we're all so proud of Emily is that she's a TechStars alum, and her people who have listened to our Entrepreneurial Toolbox new series, they'll know from the interview with David Cohen all about TechStars. It's a wonderful program here in Boulder to help budding entrepreneurs. Emily is the co-founder of Foodzie. It's an online marketplace here you can discover and buy food directly from all kinds of passionate food producers and growers. Listeners will be very eager to know that Emily just got back from Seattle where - I read in her blog - she looked at all kinds of great food at Pike Street Market and all those other places that you like to go when you are in Seattle. Emily and her co-founders were chosen by "Business Week" as three of the most promising young entrepreneurs in tech for 2009. Larry: Wow. Lee Kennedy: That's exciting. Lucy: So, welcome, Emily. Emily Olson: Thanks, thanks. I'm glad to be here. Lucy: First, tell us, before we get into our questions about entrepreneurship, what's going on at Foodzie? Emily: Well, there's a lot of exciting things going on. We've been growing a bunch, in particular our producer base, and just getting more and more sellers on board who share their products. But more specifically, right now a lot of people want to find what's local to them and we have more filters for them because that's something that we're working on right now as far as things that we're building. And yeah, improving the way both with the tools that help our producers to sell and help people to find specifically what they're looking for so we can improve the site. Lucy: Well, and I hear you've got great customer service at Foodzie, really. Emily: We try, yeah. Lucy: Really taking care of customers, and I think Brad mentioned that you are always bribing people with chocolate over at TechStars. Lee: I remember that. Emily: I usually joke that that's how we got in. We brought some sea salt caramels and LUCA chocolate out of North Carolina. We brought those with us, and sort of, now it's the expectation that wherever we go we do bring food. So, yeah, they got to know us well and we got to feed everybody there at TechStars. Lucy: Well, that's wonderful. Let's just get right to our entrepreneurship questions. We could talk about Foodzie all day. It's just kind of making me hungry. Emily: That would be my world. Larry: I was going to warn the listeners. When you go to the Foodzie website, you will get hungry. Lucy: Oh, it's just beautiful. So, Emily, why don't you give a bit of history about how you got into technology, and how you came to start a technology company? What technologies are cool, et cetera? Emily: OK, so I was actually - I still am - in the food business, and that's where I found something that I was really passionate about. I was working for a specialty food retailer called The Fresh Market based on the East Coast, and I worked directly with the buyers there in helping to source products. And I also manage their e-commerce there. I just saw a disconnect, basically, the small producers who were trying to get into these stores. It was really hard for them because they often had limited distribution. They didn't have the margins built in and they couldn't make their way into these brick-and-mortar stores. What I really liked about technology and what the Internet provides was more of an open platform where you have unlimited shelf space, and you have all these opportunities to have more of these producers without the barriers and limitations you have of a brick-and-mortar store. And you also have the opportunity with video and a lot of the social media that we have going on to actually connect with these producers and get to know them better which we don't have the opportunity to do when there is just packaging sitting on the shelf. That's what got me the most excited about what I was doing, that I was passionate about, was using technology to make it better. Lucy: So you use technology to tell the stories of the producers in addition to showing what they're selling. Emily: Absolutely, yeah. So not only are we using technology, we're trying to make it easy for them to get on with a store, sell their products to a wider audience, but also to share their story which -- if you go to a farmer's market and you actually get to meet the person that makes the food, that's kind of what is the object behind a lot of these products, getting that story. I think we have the ability and the technology to replicate that as closely as possible. So, yeah, those are the things that got me really excited. Lucy: So, Emily, we're always curious why entrepreneurs become entrepreneurs. So, tell us a little bit about why entrepreneurship makes you tick and just what it is that you love about it. Emily: Well, initially it starts by being a problem that you want to solve and realizing that you are going to need to go and solve it yourself. I actually think that's where it was for me, while I saw I wasn't going to be able to do it, it turns out that it didn't exist and you have to create something. I think someone who is willing to take a risk and who likes creating, who likes building, who likes all of that, I think leads you into entrepreneurship. At least that's how it happened for me. Lucy: And do you find yourself continuing to take that role at Foodzie as looking for the new challenges that need to be solved? Emily: I think new challenges are presented every day. I think, yeah, absolutely, and I think what's really exciting when you mentioned customer service. We have a very close relationship with all of the producers that sell on our site, and we try to have a very close relationship with customers that buy. If you listen to them and you discover you what their needs are, then you can iterate and develop the product to their needs. I think that's the most exciting thing as an entrepreneur, that you can guide it and you can make those decisions to change something. With a small team you can make it happen pretty fast. So, I think that's something that gets really - I don't know - exciting to be able to say, "Hey, I want to do this," and just do it. Oftentimes in bigger companies, and when you're not an entrepreneur you can't quickly make those choices. So that's what has been a lot of fun for me. Larry: Wow, that's fantastic. You know, we've interviewed now dozens of wonderful women in the NCWIT Hero Series, and you certainly are one of the youngest. I can't help but ask this. Who influenced you the most? Who supported you, or did you have mentors or advisors? Emily: Well, I think early on when I was in high school I had a very strong mentor who was actually a chemistry teacher of mine, but he sort of just instilled in me that I could do anything that I want. And I think I took that with me through and into my career. And so I definitely had that foundation early on. As far as taking a risk, I think it's having the right support around you. My co-founders, Rob and Nik, knowing that you have the right team to start with when you go into business is huge. It allows you to overcome the initial roadblocks and obstacles that often stop people who have a great idea to actually follow through with it. So I think that was a huge thing for me early on, and then when we got to TechStars we had some incredible mentors that took us from the IP stage all the way, to whether it was working on price strategy or how we were going to market it or wanting it on an open platform or a closed platform and all of those questions we went through. We had just mentors who had been through it who built their businesses and could offer us really good advice and that took us, I think, several steps ahead of where we would have been on our own. Lucy: Well, and you know, your answer really points again to the critical role of the encouragement in young people's lives that teachers have, especially in high school and college, that the can give you that confidence to believe in yourself, no matter what you're working on. It's incredibly important the number of stories we've heard about math teachers or chemistry teachers or anybody else really making sure that you had confidence. So turning now to something that may be a little less positive, we like to ask people the challenges that they've had so far in their career and what the one toughest thing you had to do so far in your career. What might that be? Emily: One? [laughs] Larry: Oh, yeah, yeah. Lucy: Only one. Larry: We don't have two hours. [laughter] Emily: The hardest thing, I think, for me actually has been to find people to come on board that are just as passionate as you are as far as the entrepreneur and founder of a company. I think you take that for granted when you are an employee and you are excited. Now, running a business it's totally different, and I think finding those people... We've been really fortunate. We have two employees working now for Foodzie. One of them came to us and said that, "I want to be a Foodzie," and had everything that we needed. And I wasn't even looking for, but came to us. We've been searching for some other people that we want to join the team, but it's been really, really hard. I think we care a lot about the culture we're building and making sure that people believe in it. And so I would say that has such a direct impact on the business that finding the right people has probably been the hardest thing that we had to do. Lucy: It is hard finding good people that have that same passion that you do about the company you started. So, Emily, you had mentioned earlier in the interview that you got some great coaching from a chemistry teacher. We are always curious, what kind of coaching you would give young people, people in high school, college, early 20s, about entrepreneurship, and what advice you'd give them as far as starting a company or weathering through a company? Emily: I think that I had mentioned before about having the right team around you. I think that's absolutely critical, and I think oftentimes people get discouraged on an idea that seems really exciting to start. Then it often becomes "I can't do it" because you're missing pieces that can get you through that. And so I definitely think that above all else when you have a great idea, think about how you can round out your team. I think two to three founders to develop is the right number. It was three for us, and I think it was, perhaps, the perfect number because we rounded out the technology and marketing business side. So that's one thing. Surround yourself with the right team. But also find what you're really passionate about and make sure that this idea that you have is something you want to spend every day, all day, every weekend, thinking about for the next couple of years because it is all-consuming. When the days are really hard and long, if you're passionate about it and you really love what you're doing, it's a little bit easier. I know that's something for me. This is the space that I am truly, truly passionate about, and that work/life balance. Sometimes I confuse the two. Is this work? Is this life? I don't know. It's the same. So I think that finding something that you're passionate about is really important. Sometimes, I think that overused when people often say like, "Well, what the heck am I passionate about? I don't know. Am I passionate about this?" For me, I found I was passionate about food in college because I was putting off my homework and everything else to cook and do all these things that were related to food. And so I think if you're trying to look for what you're passionate about or trying to see if this idea you are going after is something you're passionate about. See if it's the kind of thing you would want to do, if you didn't have to work at all and you just had to retire and someone was going to pay your way and you had free time to do whatever. Would you want to be doing that? I think that's an important thing to think about. I think it is just really important when you're starting a business. Larry: Emily, you mentioned working eight days a week or something like that. Emily: [laughter]. Somewhere around there. Lee: He must be worried that you're working. Larry: Right, right. I know. I guess we can associate with that. Isn't that right, Lee? Lee: I was going to say that as being a serial entrepreneur, you've got to love it because you are doing it all the time, morning, noon and night. And if you don't love it, it's just gets to be a drag. Larry: And now I'm going to ask for a real tough question. Lucy: Oh, good. We are ready for it [laughter]. Larry: With all these... Emily: I already got that one [laughter] Larry: Oh, well, listen to this one. With all that you were talking about, how do you bring balance into your personal and your professional lives? Emily: If you're doing what you're passionate about, I think that the line is often blurred. I feel like I can go and do something like go to a cooking event and go and learn how to make chocolate truffles and that was just purely enjoyment for me. But I can tie it back to a business in a way, like I can write a blog about it or whatever might be. So for me, that's been it, because the line is kind of blurred. But even though I am passionate about what I do, I do have to disconnect and just not be doing something not related to the business. And I think for me it's going out nature. I've been fortunate the few places we operate Foodzie are in Colorado and San Francisco, California. Both have amazing outdoors and places to go and explore. And so I get to go offline and go do those kind of things like hiking in San Francisco, sailing and things like that. And also, try to plan it into your schedule. I think I've set a couple of goals for myself outside of just getting into nature. I want to learn how to play the guitar. I want to learn more about the American history and I want to join a soccer league. And that's for the entire year, but I try to work a little bit of accomplishing those every couple of weeks, so that I make sure I do those things. Lucy: Very wise. Larry: Yes, I'll say. I like that answer. Lucy: Plus I want some chocolate truffles. [laughs] Emily: That made you guys hungry, huh? Lucy: You keep bringing out the subject on chocolate that just really outstanding. Well it's really fascinating to listen to everything that you're saying, especially about the history of Foodzie. I know you have a very bright future. So this next question, which is our final question is kind of hard to ask. But what's next for you? It's hard to know, because you're right in the very beginning you started a wonderful company. But perhaps you can speculate a bit with us about what's next. Emily: Well, I think what's next is definitely something related to Foodzie. We'll be doing this for a good while. And I think our big vision is to help small food producers across this country succeed and stay in business. And we've really only scratched the surface in doing that. So we really want to just become partners with these producers and help them build their business. I know that's sort of a vague answer, but we want to have a big impact. We want to be a part of a movement that changes the way people eat in this country. And we think we can be, and I think technology has a lot to do with that. That and connecting people, giving these people the tools they need and getting people become aware of what they're doing. So yeah, I think that's it. Lucy: That's awesome. Larry: Yeah. Emily that's not vague, that's wonderful. Lucy: It's an awesome mission, I just wanted to personally know how small a producer because I'm kind of a gardener. [laughter] Lucy. I have way too much food. I give it to all my neighbors. Larry: So your website is Foodzie.com. Emily: Yeah, Foodzie.com. Larry: Wonderful. Lucy: And everybody needs to go visit and eat. Emily: Check out the chocolate section and I'm sure you'll find something that'll get you to start salivating. It's a pretty dangerous category. Lucy: Well, thank you very much, Emily, for talking with us and I just want to remind listeners where they can find these podcasts. They can find it at our website, NCWIT.org and w3w3.com. Larry: You bet. Lucy: Make sure that you pass this along to others. Emily, thank you very much. Lee: Thank you, Emily. Larry: Thank you. [music] Transcription by CastingWords Series: Entrepreneurial HeroesInterviewee: Emily OlsonInterview Summary: Like many entrepreneurs, Emily Olson saw a niche, got an idea, and ran with it. Foodzie uses technology to share great food from smaller producers with a larger audience. Release Date: June 29, 2009Interview Subject: Emily OlsonInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 17:56
Audio File: Download MP3Transcript: An Interview with Elisa Camahort Page Co-founder, BlogHer Date: June 1, 2009 Elisa Camahort Page: BlogHer [intro music] Lucy Sanders: Hi. This is Lucy Sanders, from the National Center for Women and Information Technology or NCWIT. This is one of a continuing series of interviews we are doing with women who have started IT companies. We've had a great, great interview series with some very influential, distinguished and successful women, and were very happy to get all of you bloggers listening to this are going to be very happy with the interview we're doing today. It's with Elisa Camahort Page. With me is Larry Nelson, from W3W3.com. Hi, Larry! Larry Nelson: Hi! Well, it's a pleasure to be here, and especially Elisa, I just want you to know, I have four daughters. So, we're really interested in this interview. Elisa Camahort Page: Oh! Excellent, Larry. Lucy: Are they bloggers? Larry: Yeah, you betcha! Lucy: Are you a blogger? Larry: Yes. Lucy: A beginning blogger. He's turning red, everybody. Larry: Well, for three years, and I'm still bad at it. Lucy: [laughs] Well, we're very happy to have you here, Elisa. Elisa is the co-founder and CEO of BlogHer. I did a little research on how BlogHer started, and I believe it's a fairly young company, like 2005. You had your first conference in Santa Clara. Is that right? Elisa: Yeah. We had our first conference in July of 2005. So, we're having our fifth annual event this July in Chicago. Lucy: Wow! That's a pretty fast growth on your part. I know that BlogHer is really turning into the leading community and media network for women who blog. You reach over 14 million women each month, either through your conference, or the web, or through a new publishing network that you have. Why don't you say a bit about that publishing network? Elisa: Oh, absolutely. That's right, we did get started with the conference in 2005. After that conference, we really got three primary people to feedback. The first was, "Oh, more conferences please, " because there is something about that in real life connection that happens. The second was about, "How can we sort of find each other everyday?" And hence we launched BlogHer.com in January of 2006, which is really the hub of our entire network. But then, we also had a segment of our community was saying, "Isn't there a better business model? We've been trying some sites, either AdSense and other networks and other kinds of advertising solutions, but we're really getting pennies for the traffic that we're building, for the communities that we're building." So, that's what really motivated us to start the blog for publishing network, which we did in the middle of 2006. We started with just a small, little group of about 35 mommy bloggers, just to test the concept. When that was successful, we expanded. Over the last almost three years now, we now have almost 2, 500 women of all kinds of blogging topics in our network. They reach over 14 million unique visitors a month. Lucy: That's quite a network. Larry: I'm impressed, yes. Lucy: Yeah. That's quite a network! What are the hot topics these days on some of those blogs? Elisa: Well, what's interesting to us is that one of our earliest decisions that we didn't want to sell only women's interest, either on BlogHer.com or on the network and say, "Oh! We only care about parenting," or "We only care about food, " or "Beauty" or on the other hand, but women who care about politics and means and technology, only care about those things. Actually, we're quite multifaceted creatures. We care about all of those topics on the same day. So, we have always on BlogHer.com featured the full range of subject matters that can be covered in the photosphere, and our network has everybody, from every stripe of the photosphere also in it. What's interesting is how certain things bleed through every vertical. So, for instance the economy. It doesn't matter if you're a food blogger, a parenting blogger, a technology blogger, a political blogger, you're probably talking about the economy right now. Last year, it didn't matter if you were a food blogger, or a parenting blogger, or a technology blogger or a political blogger, you were talking about the election. So, there are common themes that people care about across all different areas of focus. By featuring all of those diverse places, we really get to see that full picture of what people are saying about those topics. Lucy: Well, I went there yesterday to get my fill on "American Idol." [laughter] Elisa: Oh! That's my guilty pleasure. Lucy: Well, me too. I'm sure we could take up the whole tape talking about our favorite singers, but I like Adam Lambert. Elisa: Of course! Lucy: Of course! Elisa: He should win, that's clear. Lucy: He should win. Well, this is probably a good time to get into questions for the interview. Our first one centers around technology. Our listeners always like to hear from the people we interview about the technology they think is really cool, that's going to change the way we communicate, or the way we work, or the way we play. So, what technologies do you see that are out there? Elisa: Well, I originally don't come from a technology background. I have no engineering degree. I really came into it quite late, in the high tech back in '97, when it was very boom times for Silicon Valley. What I discovered is that I had actually an aptitude for understanding technology, and then translating it to different audiences, whether they were engineering audiences, or consumer audiences, or business audiences. So, today that's still a big part of what I do, which is explain why technologies are cool to people who may not already get it, like blogging, like Twittering, like my iPhone. What I see today, what humans are doing right now with technology is they are building ways to connect and converse. In your life, most of the people I know are finding it more and more difficult to keep in touch with people face-to-face, that our lives are so busy. We're so time impoverished, there's so many things that seem to conspire against us being able to do as much in real life as we used to. People used to think that technology was an isolating factor, and it was taking us away from people, but I think what we've done is used technology to connect with people online for a lot of our time, instead of in meet space. So, I think I would debate anyone who says that technology isolates us. We've seen amazing examples of how it brings us together, and how it creates communicates across boundaries that used to be pretty drawn in the sand, social economic boundaries, geographic boundaries. A lot of those boundaries get knocked down by this kind of totally distributed communications channel of the Internet. I see that we are developing more and more ways to keep in touch, to communicate with one another. People ask me why I like Twitter. To me, Twitter is poetic almost, the way you get these little snapshots of people's lives. The way you see who they are, beyond even the thoughts and sort of planning and structure that goes into a blog post. I use Twitter often just to mention the music I like, or something I saw that made me stop and think. It's so quick and easy to get a little thought out there that really reveals who I am in a way that a blog post would take too much time, and I might not ever get around to it for something that seems so small. Yet those little small things are what completely differentiate us, and make us each such unique individuals. It's actually applications like Twitter that enable us to show that unique individuality to the world. So, I think it's a beautiful thing. Lucy: Well, and I think that really shows to the listeners. That's one of the most eloquent, impassioned descriptions of social media that I have ever heard. [laughs] Larry: Yes, me too. Me too. Lucy: I think that was just beautiful. Elisa: Oh, thank you. You know I do a presentation that blogging is about love. Lucy: Oh, that's nice. Elisa: It's about, we find, we love what we can do with this technology and we find all forms of love out there in our communities. Most people do it for love and passion. Even people who make money on it. At the core it's because they're writing about something they love. Lucy: I really love that. Larry: Yes, yes I did too. Lucy: I think that's great. You mentioned that you came into technology a little late, transitioned into it and you found that you loved explaining technology to people. Why are you an entrepreneur? We know I think why you love technology and you like to explain it to people based on your last answer but why are you an entrepreneur? What is it about that that makes you tick? Elisa: Well, to be honest I'm an entrepreneur because of serendipity and then passion. I wasn't planning. My plan, one of my earliest role models was my mother who went back to work in the 70's when I was in junior high. She was very much corporate oriented and climbed up the ladder, went from some part time person at a company to being their first female vice president. I really found myself following in that path. I planned to climb the corporate ladder but then I luckily got the opportunity to try working on my own. What I discovered was that I loved not having anyone in "management" to blame for the bad decisions. At least now if there's a bad decision, I was part of it and I can be part of fixing it. I really loved that accountability all the way to the top of the chain. I also say that wherever you work, you're going to bang your head against the wall about some things. When you're an entrepreneur, you get to bang all the different sides of your head. It's not the same thing over and over and over. It's constantly refreshing. There are constantly new things to challenge you and new things really to bring you joy in what you accomplish. There's just this sense of control, and accountability and ownership that after you've done that climb up the corporate ladder for a while and you realize how much is happening above you that you don't have that control, or really the accountability, or the ownership. It's pretty fulfilling to put yourself in that position. Larry: Well, Elisa you mentioned that your mother had an influence upon you. Along the way are there other people maybe who either been role models for you or maybe even mentored you? Elisa: Absolutely. I had a couple of early, great mentors when I decided to go into high tech. I had been in a completely different industry doing marketing but many other things in small companies. I really started at the bottom in tech, in the marketing department. I was just a junior level person. My boss, who was the vice president of the marketing department, he really, he also liked what I had to say. He liked how I thought. He included me in a lot high level calls and meetings just to observe really. Just to be a part of it and see what went on. Afterwards he wanted to ask me my take as someone with an objective view. He really gave me the opportunity from a business point of view to learn a lot quickly. Then at the same time, there was director of product management in that same department who was my technical mentor. He didn't dismiss me because I didn't have an engineering degree. He really taught me our company's technology. He wanted me to write about it. He just thought, maybe she'll write better if she actually understands it. He didn't assume, as a lot of people sometimes do with marketing people, that oh they're not going to really get it. I'm just going to get them bullet points and they'll put in the flowery language but I'll have to do all the really techy stuff. Lucy: [laughs] Elisa: He wasn't like that at all. He was like, if I spend a little bit of time, I think this person can pick it up. He was the one who really started giving more and more technical things to do and really showed me that I had an aptitude for that. From there, I had to take that and do something with it. I had to go and put myself out there for more technical jobs even though I didn't have that educational background. I'm the one who said, "I'm going to go for product manager job anyway. I'm going to go to lead this product management team anyway because I understand this stuff and I have all these other skills". It was those two mentors who very early on, really gave me the chance to learn and we're open to letting me learn. They were both men and this is a very male dominated company. I give both a lot of credit for that. Lucy: Well, and your story speaks to the important role of encouragement. To those of us who are in the business of encouraging more young women to pursue computing and technical fields. Encouragement is a huge thing. Elisa: Yes. Lucy: Just huge. On the flip side of encouragement, [laughs] and positive role models... Larry: Yes. Lucy: There also comes a time in entrepreneurial careers when something, you have to do something really hard, really tough. Why don't you tell our listeners what's the toughest thing you've ever had to do. Elisa: There are two things that I think are tough. One is tough because of what it does to somebody else and one is tough because of what you're doing to yourself. The first is that it's tough to let someone go whether it's for cause or whether it's a layoff and not for cause. It is hard to sit in a room and tell someone you are putting an end to their livelihood. It's a huge responsibility. I don't want to be someone who gets cavalier about that. I have found that over the kind of conversations afterwards, I go in the ladies room and put a little cold water on my face because it's a tremendous responsibility and it's tremendously difficult. That's not to say I would never be one of those people who said, "Oh it's harder for me. It's as hard on me as it is for you". That's bullshit because they're the one losing their job so I'm not going there but it is hard. You feel bad about it, whatever the reason. The other thing is it's tough but usually worthwhile to be the contrarian if it's something you really believe in. On a couple of occasion I have felt like I had to speak up and disagree. Sometimes this is in a room when I was the only woman, when I was the only without an engineering degree, when I was the only one; in some cases where I was the only one who wasn't already a vice president or C level person. I thought I was standing up for the customer instead of just trying to ignore that fact and move forward with blinders on. I think those early experiences really matter a lot now because Blogger is such a community focused company and we still have to think about the customer. The community member and what they think and feel first and foremost. That is what's still serves me and my company today is having that perspective. You can have that perspective even if you're at a B to B company, even if you're way back on the chain from the end consumer. Your customer is still really first and foremost I think. Larry: Wow, I'll say. You know that's a great lead in to my next question and that is on w3w3.com we've been getting overwhelmed almost by the amount of requests and listening to anything that has to do with entrepreneurship. Of course in these tough economic times, there seems to be quite a few people either out of work or whatever that are looking to become entrepreneurs. If you were sitting down right now with a young person who wanted to start their business, become an entrepreneur what advice would you give them? Elisa: Well the first piece of advice I would give anyone is take the risk. Many people never take the risk because of fear. That they allow that fear to be nameless and undefined. What I actually say is, "Think about it right now. What's the actual worst thing that could happen if this fails"? Most of us have safety nets and options that we don't fully credit ourselves with having. So in my case, I certainly had... I was living with someone who helped share expenses. I had savings. I had a home-equity line of credit. I had a lot of resources to draw on. But let's just say, "What could have been the worst that could have happened if both my business and my relationship had failed miserably at the same time?" It would not have been awesome to move back in with my mother at the age of 40, but it wouldn't have been the end of the world, either. That was a safety net I had, right? And we manned this business until we got our first round of funding. I really was... I had spent all my savings. I had taken out money on my line of credit. I had some credit card debt that didn't exist before. I really worked it to the last dollar I was willing to work it, and then we got our funding, and so that made us able to continue. But even if that had all failed and had not come through, I think it would have been worth it, and the very worst-case scenario for me wasn't as bad, once I thought it through, as my imagination was making it when I didn't really look into the details. So, I always tell people to ask themselves, "Now, honestly, really, what's the worst thing that could happen if you try this and it fails?" Lucy: That's great advice. Larry: That certainly is. Elisa: And I think most people think it through, and they imagine ending up on the streets, and I think there are some people who have different circumstances, where maybe their risk is higher, but a lot times people who don't really have... they're in their twenties. They don't really have a huge amount o'clock risk, and they have a lifetime to recover if it doesn't go well. So, go for it. You might as well act as though you're going to live until forever, and have all the time in the world to rebuild if you're in your 20s, for god's sake. Lucy: Absolutely. And I think some people worry what others are going to think about them if they fail, and that is just an ego thing. Larry: Yes, I'll say it is. Elisa: And I think that actually people are way more impressed with entrepreneurs than they even have to be, and I'm surprised how even in the early days, people were just like, "Wow. You're doing your own thing, and you're doing this, and you're doing that. Wow." I think actually people will be way more, if they care about you, you know... I think people are way more impressed that you tried something, even if it ends up failing, than if you don't. Lucy: That's the truth. So, along the lines of this question, listeners are always interested in knowing about personal attributes, or personal characteristics that you believe make you a great entrepreneur. Elisa: I have this rather checkered past career-wise. I think this is probably my fourth career. The advantage of that as opposed to someone who goes to school for something, gets a job, and then stays in that career, I don't feel like my identity is actually... who I am is not what I do. I developed this confidence that I could jump to a new career and pick it up, and do what I needed to do, and do pretty well. And it's not because I was some great student. I was actually an underachiever. But that also... even back then, I never equated my identity with the grades I got, or the salary I made, or the job title I had. So, I think that bred in me this confidence of being willing to take that risk, being willing to ask questions even if they made me look stupid, but usually, you know what? They didn't make me look really stupid. They made me look really smart. So, I think all of that goes into this... you need some chutzspah, I think, to be an entrepreneur. You need to believe in yourself. You need to believe in your judgment, and you need to not get tied up in what other people think, because you're going to get a lot of "no's" to get to your "yes, " and that's especially true if you start going for funding. Not everyone is going to want to put money into your great idea, not because they think it's a good or bad idea, but because it's just not going to fit their portfolio. So, you have to have something separate from what other people identify you as, and what other people think, that makes you believe in yourself and what you're doing. Larry: You know, you mentioned, "Who I am is not what I do." With the busy, busy, schedule, and everything that you're doing, how do you bring balance into your personal and professional lives? Elisa: Well, OK, let's be honest. I've co-founded a start-up in Silicon Valley, and we are still working to hit milestones and goals that will really propel us to a state of permanent success, not just quarter-by-quarter success. I don't think balance is a realistic part of the equation right now. I think I would be lying if I said, "I balance my personal and professional lives." I work all the time. You know, it's not like I never... my birthday was last week, so I went to the city for the weekend with my husband, and you know, we had a great time, and I really didn't get on the computer that much. So, I'm not saying I never get to do anything personal, but I really make no concerted effort to have balance, and maybe that's not [laughs]... Larry: [laughs] Elisa: Maybe a lot of people won't think that's the most encouraging answer, but this is Silicon Valley. I think that's the way it is. Lucy: And well, we find to... we ask this question of all the people we interview, and there's a wide variety of answers, but many are saying that they are completely unbalanced. In fact, I was laughing to myself when you said it was your birthday, and you took the day off. Elisa: [laughs] Lucy: I tried really hard. I tried really hard. My birthday was April 4th, and I was going to take the day off. I'm the CEO of a non-profit, right? Of course, I worked the whole day. Larry: Yes, of course. Elisa: And it is different. I though I was working really hard when I was running a team at a company, and I did work really, really hard, but it's nothing compared to when it's your own, and you could basically, work all the time. And for a lot of us who are entrepreneurs, you're doing this because you hope it's going to pay off in a way that will buy you some kind of freedom and flexibility later. But a lot of entrepreneurs I know, they go on to the next...they want to do the next thing. So, there's a certain, I think, consistency of no one who probably starts a company and is putting themselves through this is... no one is probably someone who otherwise would be sitting on a lounge chair eating bon bons. I mean, they're all pretty motivated people. [laughs] Lucy: Yes, that's true. Well, Elisa, you've really achieved a lot, and we appreciate you talking to us, but we'd also like to know, maybe as the last question, what do you see in the future? What's next for you? Elisa: Well, that's funny question, because as far as I'm concerned, there are just miles to go before I sleep with BlogHer being all consuming, and we have all this opportunity for growth and expansion, and we're figuring out the best way to take advantage of those opportunities. And I think that... and my two partners Lisa Stone, and Jory des Jardin... I think we're all pretty much the same way right now, which is that, we're not thinking too hard what's beyond, because we need to make this really happen, and it may take a year, or two years, three years, four years. And also, might I also say, that we all agree that we now made for ourselves the best jobs we have ever had. So, it's not like we wouldn't want to keep doing this forever. We get to do something we're really passionate about. We're a very mission-based organization, and we get to work with a lot of other really smart people, so I really... what's next for me is to make all the promise really come to fruition. If I can do that, then I'll think about what might happen after that. But we're not there yet. We have miles to go. Lucy: Well, and you are in a great job. It's at a crossroads of lots of interesting topics, so you certainly have made quite a great job for yourself. Elisa: Yes, we love it. Lucy: It's wonderful. Well, thank you very much for spending time with us. Elisa: Oh, you're welcome. My pleasure. Lucy: And thank you, Larry. People can find the podcasts W3W3.com., and also ncwit.org. Larry: You betcha. We'll follow up with you, too. Lucy: All right. Thank you very much. Appreciate it. Hope you to meet at May 11. Elisa: You absolutely will. Lucy: All right. [music] Transcription by CastingWords Series: Entrepreneurial HeroesInterviewee: Elisa Camahort PageInterview Summary: "Women are quite multi-faceted creatures", says Elisa Camahort Page -- women are interested in technology, the economy, parenthood, politics, and much, much more. That's why the BlogHer network comprises 2,500 women writing about a broad range of "verticals", attracting more than 14 million unique visitors per month. Release Date: June 1, 2009Interview Subject: Elisa CamahortInterviewer(s): Lucy Sanders, Larry NelsonDuration: 23:52
Audio File: Download MP3Transcript: An Interview with Ellen Siminoff President and CEO, Shmoop University Date: June 1, 2009 Ellen Siminoff: Shmoop University Lucy Sanders: Hi, this is Lucy Sanders. I'm the CEO of the National Center for Women & Information Technology, or NCWIT, and this is one of a continuing series of interviews that we're doing with really just outstanding women who have started IT companies. With me is Larry Nelson from W3W3.com. Hi, Larry and welcome. Larry Nelson: I am so happy to be here. This is going to be a very interesting interview. As we get into it Ellen is going to see that there's some similarities between us. Lucy: Well, that's a pretty scary thought. Larry: Yeah, it is; isn't it? Lucy: Ellen, run. Today we are interviewing Ellen Siminoff, and she is the President and CEO of Shmoop University. Now, this site is something that our listeners really must go and see. They have a great mission. Shmoop is an education Website, and their goal is to make everyone lovers of literature, history and poetry. I went there last night and started looking around, and I really like the idea of their Book Club where they review books and even have questions for teachers to use with books, and I thought it was really fascinating that people creating their content, master's degree students and Ph.D. students, really looking for great original and creative content to help students and teachers. I found a little humor on the site as well, so it really cracked me up. Shmoop guarantees better grades. There was an asterisk next to it, and it said: "not an actual guarantee." Anyway, welcome, Ellen, we're really happy to have you for this interview. Ellen Siminoff: Thanks for the great review of this site. That was great. Lucy: Well, we're really happy to have you and before we get into the entrepreneur questions, I really wanted to know how you came up with the name, "Shmoop," and what's going on with the company. Ellen: Well, I started the company with my husband. Shmoop is a Yiddish term for trying to move something forward a little bit. So, my husband's grandmother always used to say to him, "Shmoop this, shmoop that" so we're trying to move education and learning forward a little bit. Larry: Shmoop, I love it. Lucy: I love it. Down in Louisiana we used to say we were carrying somebody from here to there, even though you're actually driving them. Now, we can say we shmoop around. Larry: I'm for shmooping. Lucy: I'm for shmooping. Well so, Ellen, how did you first get into technology? You are using technology in the delivery of your company, obviously, and so our listeners would really like to know what you're looking at as particularly interesting technologies today. Ellen: I got into technology because I was really interested in media, and media became very important to technology. I started a different company with my husband many, many years ago. It was about 18 years ago, and we were distributing television programming in eastern Europe and that made me love the media industry. Then I went to the Los Angeles Times, and I started running their online Classifieds. This was really early. It was like 1994 when the Internet, and if you remember Prodigy and CompuServe and AOL were all fighting it out. I started realizing that technology could be used to deliver media in a really interesting way. Larry: Wow, that's terrific. Remember, I warned you up front that there's something that we have in common. First of all, on your Website there's so many things I like about your Website, but I am also, like you, a lover of chocolate. Ellen: All right. Larry: I'm a cheese head. I used to live in Wisconsin. Ellen: All right. Larry: And I still struggle with golf, so I think that's enough similarities, right? Ellen: Those are great similarities, but have you been shot? Larry: No, but I almost shot my dad when we were hunting once. Lucy: Have you been shot? I'm sure there's more to that story. Larry: It's on the Website. Lucy: Oh, I better go look at that part of it. Well so, Ellen, I was sitting here thinking about technology today. Do you see any particular technologies on the horizon that you think are pretty interesting? Ellen: I'm a big lover of the Kindle. I think the approach Amazon and, obviously, some others in that space have taken about taking a text book and providing a much easier way for students to get their information. I think it's fabulous. I think, first of all, we don't need to have orthopedic problems from carrying around back packs loaded with books, and second, text books are really expensive. They has to be a less expensive way to deliver the same amount of material, so I'm really excited about that one. Larry: Yeah, I am, too. Now that they've got the new, big one, I like that even more. Ellen: As I get older, the bigger print would be fine. Lucy: I see them on planes more and more now. Ellen: Yes, I actually always bring mine every time I travel because, why lug a book around? Larry: Right, you bet. Well, I get the part about technology and all, but why are you an entrepreneur, and what is it about you that makes the entrepreneur part of you tick? Ellen: Well, I think entrepreneurs are people who would be just dreadful employees... because it's chosen for us. For me, I have always sort of gone with smaller companies that I like the people and the idea. When I started Yahoo, we were just a handful of folks, and we thought we were changing the world. Hopefully, we did to some extent. I started up Fischer Frontier which subsequently became the largest search engine marketing firm when it was just a couple of guys with a really neat math algorithm. Shmoop, my husband and I came up with in our back yard. So, for me it's about the idea and the people and the excitement of creating it. The other benefit of being an entrepreneur is you have very little bureaucracy. When a decision needs to be made, you sort of look around at your four or five key people and you resolve it quickly, and that's exciting for me. Lucy: So, along your path you're a serial entrepreneur and you've had a lot of success along your path, who has influenced or supported you? Who are your role models? Ellen: Well, if it hasn't become clear, my husband has been really supportive which I think is great. We've worked together a number of times, and he's pushed me more than I probably would have pushed myself. I have phenomenal parents who basically told me dream big and we're your number one fans, whatever you want to do. So, they've been great, and I've had some terrific teachers along the way. Back to the Wisconsin thing, I had a great eighth grade teacher at Mapledale Elementary School who told me, "You might be pretty smart. Think about what you might want to do in life". I was in eighth grade, and I still remember that conversation. Lucy: Isn't it amazing that you do? That kind of influence on young people by teachers, it really sticks. Ellen: It's amazing. We actually have a page on Shmoop, a teachers' page, that we literally went to the Ph.D.s and Masters I alluded to before and all of us here at the office have said, "So which teacher influenced you the most?" We wound up with this great list of our favorite teachers and how they impacted our lives. And I think that every person who's reasonably successful can identify one of the teachers who made a big difference to them. Larry: Oh, that's fantastic. You know, you mentioned you and your husband. My wife and I, we've started 12 different companies over the years, and it's an extra little plus that as an entrepreneur you can do that. Ellen: That's great. That's inspirational. We have a few more to go. Larry: Well, OK. I'm just a kid, but... Ellen, what is the toughest thing that you have ever had to do in your career? Ellen: Oh, I think the toughest thing anyone has to do is ask someone to leave a company when that person is doing a good job, but they're somehow... morals or conduct or behavior goes against what you want your company to do. I think any CEO or hiring person will tell you, that's the hardest call you ever have to make. Lucy: And, in fact, I think we've done about 50 of these interviews, and that comes up over and over and over again, I think, along with having to leave a company you don't want to leave. Ellen: Yeah, transitions are very hard. I think transitions in life are very hard, and transitions in companies are very hard. The reality is, there's a certain number of years when you're productive to a company, and even if you're doing a good job, you reach a certain comfort level, and sometimes it makes sense to bring in some fresh blood. Lucy: I think that's right, if for no other reason that your network's been tapped out, or something else, that other people can bring in new thinking. So, this gets us into our next question. I think this notion that transitions are hard is really insightful. What other things would you tell a young person or anybody about entrepreneurship, and what kinds of advice would give them? Ellen: I think there's two things I would tell someone. The first is a practical thing, which is, do something you love, and do it with people you love or like, and all good things will come from that. I can't tell you the number of people who turn down great opportunities because their friends told them it was a bad idea, or it didn't fit in the sort of boxes that they had been taught in business school about how to evaluate an idea, or someone told them the business is going to be bad. So, you've got to, a lot of times, go with your instincts, and go with the businesses that make sense to you, and that you doing it, and with people you like, and then I would bet the percentages are in your favor. The second idea I would have for someone is a little less practical, but more of a gut instinct thing, and that is, don't worry so much. I think if you work hard, and you get a little bit lucky, and your timing is good, you will find good opportunities. If I had known how much fun I would have had doing different things, I wouldn't have worried so much along the way. Larry: Wow. Lucy: Is there a Yiddish word for, "Don't worry so much?" Ellen: No, I don't know that one, but I'll have to call my dad. Lucy: I think it could lead to a new company name. Ellen: I always think of, hakuna matata, right? Lucy: Yes, that's right. Exactly. But, I think you're right. Ellen: It's not Yiddish, but it should be. Larry: You got it. Lucy: It probably should be. Larry: Well, I've got to ask another question here that pertains to everything we've talked about so far, but we're now looking at you. What are some personal characteristics that make you a successful entrepreneur? Ellen: I think it's relentlessness, right? I think anybody's who's willing to face in the Internet world zero wages, zero revenue, you know, and a blank sheet of paper, I think yes, you have to have a certain passion, and relentlessness, and drive, and be internally focused, that you don't need someone every day telling you, "This is a great idea. You're going to do great." You've got to just have it from within and be laser-focused on executing. Lucy: I'm just writing this down. I mean, I think the laser focus is exactly right, and the relentlessness, you know, we've heard before, as well. Some people have said even, "stubborn," or... Ellen: I don't know that I would necessarily always write stubborn, because there's a fine line between being crazy and being brilliant. Lucy: That's true. Ellen: Most of the people will tell you that their original idea was not always their final idea, so you need to have a balance of having great conviction in what your doing, but being flexible with what the environment is telling you. Lucy: So, you had a very successful career starting companies, and obviously when you start a company, I'm sure you put everything into it, and give it your all, and people often want to know, well, how then do you balance that with a personal life, if, in fact, balance really exists? Ellen: Oh, I believe in balance. I think you set limits. I think that working smart is a lot better than working every hour of every day. I think being efficient matters. I've seen people take so much time to do something, where that could be done a lot quicker, and I sometimes think when you have more things to do, you're more focused about the things you have to get done. In terms of balance, you just have to. Nobody goes to their grave saying, "I wish I would have worked harder." Lucy: Absolutely. Ellen: I have a great family. I run half-marathons. I have deadly, struggling golf game, and I think the Spectaculars are the most fun, coolest organization on earth. So, you've got to get out there and do other thing, and I think you have a better approach to work when you do. Larry: That's some excellent advice. Gaining balance, or whatever that is, is one of the most difficult thing for new entrepreneurs, but they've got to somehow, as time goes along, really build that balance into their life. Ellen: Oh, you're so right. And you've gone on with your life, so it's especially... I do know couples where one of them doesn't like to come home and talk about work or the other doesn't. We just incorporate it in our lives. Lucy: There's an integration process there, I think. Ellen: Yeah. But at the same point, there are points, you know, my husband... you know, sometimes people are amazed that they'll say something to Dave, and he'll say, "Well, I don't know about this, that's in Ellen's area." And they think that all we do 100 percent of the time is only talk our business stuff, and there are sometimes many days we don't even discuss anything "businessy." Lucy: Well, that's so healthy, and also, you find things that way. Sometimes you find things when you just open up like that, that relate to the business that you never would have seen if you were just working all the time. So, that's very powerful. So, Ellen, you've achieved a lot, and we like to find out from the people we interview what's next for you. You obviously have a new company and so you'll probably be putting a lot of time into that, but anything else you'd like to share, either what's next for you, or what's next for Shmoop? Ellen: Well, I think for Shmoop, I think we've done a really good job on lit., and history and poetry. We're going to do more in civics and get some of the math and sciences up there, because I think it's really important to be able to read, write, and do arithmetic. So, we've got to add the third stool. Lucy: Well, we'd really like to talk about computing. Ellen: Oh, wow, that would be great! Lucy: Well, thank you so much. I just love your site. Larry: I love your site, and I just want to say this one thing. Lucy referred to this, but she buried it a little bit. Right off of your Website, one headline there that really caught my attention said, "Shmoop wants to make you a better lover." Lucy: Of literature. Larry: Well, then, in parenths. Lucy: Oh. Larry: "Of literature, history, poetry, and writing. I'm just getting in the complete line." Lucy: Oh, OK. Ellen: Well, you know, if you just become a better lover, that'd be OK, too, but we'd like you to like lit., history, and poetry. Larry: Oh, a fellow cheese head for sure. Thank you so much, Ellen, for joining us today. Ellen: My pleasure. Thank you for having me. Larry: And by the way, you listeners out there, make sure you pass this interview on to others that you know would be interested, and they can find the entire thing, and download it at any time at ncwit.org, as well as w3w3.com. Thank you for joining us. Lucy: Thank you. Transcription by CastingWords Series: Entrepreneurial HeroesInterviewee: Ellen SiminoffInterview Summary: Entrepreneurs are "people who would be just dreadful employees", says Ellen Siminoff. For those who go the entrepreneurship route, however, the appeal is in "the idea and the people and the excitement of creating something." Release Date: June 1, 2009Interview Subject: Ellen SiminoffInterviewer(s): Lucy Sanders, Larry NelsonDuration: 15:42
Audio File: Download MP3Transcript: An Interview with Lisa Rau Co-founder and Chief Executive Officer, Confluence Date: April 27, 2009 Lisa Rau: Confluence Lucy Sanders: Hi, this is Lucy Sanders, the CEO for the National Center for Women in Information Technology, or NCWIT. Today we're interviewing Lisa Rau, the CEO of Confluence Corp., as part of our NCWIT series "The Entrepreneurial Toolbox," and Lisa's going to talk to us today about everything you want to know about working with non-profits. We thought it would be especially interesting for this series to take advantage of Lisa's extensive experience working with non-profits and how they use technology and how it applies to social entrepreneurship. So, welcome, Lisa! Lisa Rau: Thank you! I'm glad to be here. Lucy: And with me today is Larry Nelson from w3w3.com. Hi, Larry. Larry Nelson: Hello, I'm happy to be here. This is going to be an exciting interview for us because while our Internet radio show is strictly business, we do integrate various things where we help support non-profits and do interviews and provide links and so on, and so I can't wait to talk to Lisa. Lucy: Well, Lisa is a real role model in computer science. She has a Ph.D. in computer science and undergraduate degrees in EE and also has been in the IT industry for over 20 years. And she has extensive experience, as I mentioned, working with non-profits and I recently had the experience to chat with Lisa about this. So, very excited to talk to you about the non-profit space! Lisa: Great! Lucy: So, Lisa, tell us a bit about Confluence. What do you do? Lisa: Well, our mission is to provide information technology support and focus, of course, on the non-profit sector, and that's a wide variety of different kinds of things that's really based on what the non-profits have been asking us to do. Lucy: How did you come to focus on non-profits? What led you into that type of business? Lisa: Well, that's a good question. Many years ago, I had met a friend and a colleague who told me about his work providing technical support to non-profits and he was describing the wonderful people and the organizations and their mission that he interacted with and how rewarding he found the work was, and so when I next found myself in between jobs, a bunch of things all came together and that's where we came up with the name "Confluence." It was a "no time like the present" kind of thing and wanting to work for myself as an entrepreneur after 15, 20 years of working for someone else, wanting to create something of value, and then I had one of my close friends and colleagues, Jeff Sullivan, agree to come on board with me. We just jumped in. Larry: That's interesting. You've got to be certainly following your heart with a bunch of passion at that same time. Lisa: Absolutely. Well, of course we did our due diligence to make sure that there was a sound business model and that there really was a need for what we were thinking of offering, but since we couldn't be the do-gooders, we thought the next best thing was to help the do-gooders do better. Larry: Well, you know, they say there's quite a movement, almost a groundswell, of people really wanting to give back to the community. Of course, they've got to make a living and everything. So, for our listeners out there, could you explain the difference between working for a non-profit versus a for-profit? Lisa: Well, it ended up being different than I expected it would be coming from the for-profit world as I did. Of course, the non-profits are really focussed on their mission, and my experience has been that they tend to be less able or interested in investing in technology. I've been doing this for over eight years now. Most non-profits are really small, also. I think 90% are under a million dollars in revenue, so the majority of these organizations are just very small, so their use of technology is more limited and they also tend to have less in-house expertise. And they don't have, for example, a CTO, so they're going to turn to other outside organizations like ours for strategic support. And tech support providers in the for-profit world, there's a role for a CTO, but we as providers to non-profits have to be more versatile and strategic to provide a wide range of advice to them. Lucy: I have a follow up question to that. I also now run into more people now who are doing what I would consider non-profit work in a for-profit business model. So, do you see much of that, Lisa, sort of like "doing well by doing good for others." Do you see that type of business model very often? Lisa: Well, there's two types of business models that I've seen, and one is the classic, more social entrepreneurship where the idea is to use the profits for social benefit, or to leverage profits made in a for-profit business for philanthropy as in the Google Foundation and the Gates Foundation and so on. But I see a real role for traditional for-profit firms to support the non-profit sector. It's a very hard business because they don't have a lot of money and they are so small, but it does allow you to both come up with a sustainable business model, because that is a requirement for for-profit businesses, which I think is a better way to address the technology needs than having non-profit technology providers that may not have to provide a sustainable service. Lucy: Listeners to our podcast series will remember that we interviewed two non-profits, Witness and Kiva and their founders, and were really excited about their use of technology in a non-profit delivery. In Witness's case, it's the use of video to expose social atrocities around the world, and Kiva is microfinance. So, Lisa, where do you see the most innovative use of IT in the non-profit space? Lisa: Well, I think those are both really good examples of innovative use of technology, but from a bang-for-the-buck perspective, I think that what those systems really do is just get into more of the cultural mainstream and raise awareness for social causes and the potential for technology to assist with social causes, rather than the bottom line amount of money, for example, that's going to go through Kiva, or the real change that's going to happen just one by one. So, I think that the opportunity for social change is much more to create an environment as part of our culture that non-profits and social-oriented ventures are worth supporting and whether it's Green or whatever your passion may be. We have seen some other innovative uses, the Kiva and Witness that you cite are certainly very well-known ones. We've done a bunch of really fun things, like one of my favorites is for the People for the Ethical Treatment of Animals. We created a little application where you send a nugget through on a Google Maps kind of integration across 50 states and whoever gets their little chicken nugget across the 50 states wins, which was kind of a fun use of technology. Lucy: Cute. That's cool. Larry: Right. Have you ever done anything with Ashoka? Lisa: I have interacted with Ashoka. I haven't worked for them. Our company hasn't worked for them. I know a number of people who work there, actually one of my clients is from Samaritan Inns went over there to work for them. They're wonderful leaders. Larry: Yeah. All right, now what are some of the challenges, Lisa, that non-profits should be looking out for as it relates to IT? Lisa: Well, the main one is that a lot of people offer non-profits free or a low-cost donations. Sometimes the organizations think that because it's free they should try to use the technology, and it's very much a buyer beware. The other challenge is just that they don't really have as much internal expert advise, the smaller organizations, in selecting the right technical approach or managing technical projects. So, because these are often outside the organization's expertise they can be risky. We see a lot of overpaying, simply due to a lack of technical expertise or a lack of real experienced managing technology projects. So, I think a little bit of real expertise can go a very long way, and would be a good investment for organizations trying to think strategically. Lucy: So, the biggest mistake a non-profit can make in IT is? Lisa: Well, I think probably not spending enough, being "penny wise and pound foolish," I'd think, the most common mistake. I don't know if that counts as biggest. The biggest in terms of dollars is probably choosing the wrong software system. Lucy: Probably worse is having some money and spending it poorly. Lisa: Exactly. That's a lot of that "penny wise and pound foolish" mentality. I also think not understanding the strategic importance of technology, and how with the right investments you can save money for your mission just fearing technology and not trying. Lucy: Absolutely, the case. Well, now you've worked with lots of non-profits, and now I want you to put yourself in the seat of somebody starting a non-profit. What would you do first? Lisa: Well, the first thing I'd do would be really look around to see who was doing what else. I've noticed independent of our technology focus that there's just a lot of duplication out there. A lot of people startup non-profits because they want to do something that they love, and they don't really care if someone else is already doing that. So, it's a fairly inefficient delivery system. So, I would want to make sure that my non-profit was addressing a real gap in service and dealing with real needs. I would also want to outreach to other partners, and really try to work collaboratively with the other members of the environment. Larry: Boy! Lisa, this has been a great interview, and it's really a pleasure. Since you're the expert, what is the question or so that we haven't asked that we should have asked? Lisa: Well, certainly starting a business is very, very scary. I think it was the best decision I ever made. I certainly have never regretted choosing to do something with the potential for meaning. It's been extremely gratifying from that perspective, but very scary. Even though the non-profits are a very difficult business to work for, because again they are small, it's incredibly rewarding to see what they're doing, and being a part of the wonderful works that they're doing. Lucy: So tell us, in closing, where is Confluence heading? What's the future for you? Lisa: Well, we're still growing, which is good news in this economic downturn. We're always looking for good people. We've been forming a lot more partnerships this year with other for-profit companies to provide complimentary services. The main thing from a technology end that we've been doing recently is we've been implementing a bunch of new Websites, a lot of focus on the social networking, what's the so-called web 2.0 technology? That's been a big part of what we've been doing recently. Of course, just as any business grows, we've been changing and we're looking at internal reorganization. It doesn't sound too sexy, but that's the reality of businesses as they grow. They have to change. Lucy: So, say a bit about the social networking and how non-profits can and should take advantage of that new channel. Lisa: Well, it's another one of those kind of buyer beware areas, because there is so much buzz. A lot of what we do is just explain to our clients what that really means and what their options are. A lot of them want to dive right in and have a lot of little widgets on their Website to interact with their audience, but there's no one there to monitor that or to feed it to make it a vibrant community. So, it ends up kind of a detraction. So, we're very much interested in ensuring that what gets deployed is appropriate for the environment and not a field of dreams. We have seen a lot of movement towards that. It's been a little slower, but non-profits are all about building community outreach, advocacy, education. These are all things that social networking can be very instrumental in. Larry: So, if I understood you right, it's better to have one or two widgets that you can really work with, rather than the whole group of 7-10? Lisa: Absolutely. I've even seen organizations try to start small with just say a blog, and they're not able to keep that up, because they don't realize that the technology is the easy part. It's the organizational part, where someone actually has to write the blog, and post it, and review comments, and so on, that has to be on there to keep it fresh and worthwhile. Lucy: Well, that's really true for us at NCWIT. We find that we have lots of distribution channels, and keeping the content supplied to those channels is really quite tough. It's more than a full-time job. Lisa: That's exactly what I'm talking about, and building things smartly so that they're not overrun with spam, and not insecure, and so on. Lucy: Well, so maybe in closing, let me ask this; so I'm the CEO of a non-profit, and in advising me, where would you tell me to start in technology? What would be the first thing to look at or the second thing to look at? What kinds of things do you often say to people like me, as it relates to this example? Lisa: Well, I'm a very big fan of a process that we do, not just self-serving there, but it's a strategic technology assessment that comes in and interviews all of the stakeholders and inventories all of the assets. That process can give the organization a complete understanding of where the opportunities are, so they that can then prioritize them and come up with a specific plan for the next couple of years. That really helps a new organization to get started. Lucy: That sounds like a good process. Larry: Yeah. It sure does. By the way, starting in March 2001, it's kind of like starting in March 2009, economic wise. Lisa: Exactly. Lucy: Oh, starting over. Yeah. I got it. It took my brain a little while, but I did finally get that. Well, Lisa thanks very much. It was great talking to you. Lisa: Thank you. It was wonderful! Larry: It was a pleasure. Once again, Lucy, I don't know how you and your team line up all these magnificent people, but NCWIT.org, you've got some wonderful connections and interviews, but lots of information. I must say that it's a pleasure for w3w3.com to host, and also to have a special channel for all of these interviews where you can tune-in 24/7. Make sure you tell your friends about it, and by the way, Tweet about it if you would like. Lisa: Tweet about it, only if Lisa says it's OK. Man 1: Is it OK, Lisa? Lisa: Sure. Larry: All right. Lucy: OK. Thank you very much, Lisa. Lisa: OK. Thank you both. Lucy: That was great. We really do appreciate it, and I'll be in touch. Larry: All Right. Lisa: OK. Transcription by CastingWords Series: Entrepreneurial HeroesInterviewee: Lisa RauInterview Summary: Lisa Rau wanted to create something rewarding, something of her own, something of value when she created Confluence. As she discusses here, entrepreneurship is scary but incredibly satisfying: "with the risks come the rewards." Release Date: April 27, 2009Interview Subject: Lisa RauInterviewer(s): Lucy Sanders, Larry NelsonDuration: 15:53
Audio File: Download MP3Transcript: An Interview with Rashmi Sinha CEO & Co-founder, SlideShare Date: April 27, 2009 Lucy Sanders: Hi, this is Lucy Sanders, the CEO of the National Center for Women & Information Technology, or NCWIT. This is another of our interviews with women who have started IT companies. I'm very excited today to be interviewing Rashmi Sinha. With me today is Larry Nelson, as usual, from w3w3.com. Larry Nelson: Hello, and it's my pleasure to be here. This is going to be an exciting interview. We'll have this, of course, on w3w3.com also, and it's been a spectacular, popular series. Lucy: Absolutely. And you're doing something else interesting at w3w3 these days, aren't you? Larry: We just launched our own TV show "IPTV." Lucy: You'll have to watch out, Rashmi, he's going to be coming after you for a TV show next. Larry: You betcha. Lucy: Well, Larry, I'm pretty sure all of our listeners know that Facebook, Twitter, blogging, are really part of social media and powerful communication tools, but I'll bet if they're like me they didn't stop to think so much about the fact that PowerPoint is also social media. People don't create PowerPoint presentations to share with themselves, and so they really do create them for communication, and really to reach out to others. So that's really why I'm very excited, being a heavy PowerPointer myself, to be interviewing Rashmi Sinha. She is the cofounder and CEO of SlideShare. It's, I believe, the word's largest community for sharing presentations. Rashmi, you'll have to tell us how many, but the stat I grabbed off the Web was 3,000 PowerPoints created per day? Larry: Per day! Wow. Lucy: Wow. So it's really a great way to get your slides out, and share, and reuse, and really form community around PowerPoint. Welcome, Rashmi! Rashmi Sinha: Thank you, thank you. Glad to be here and sharing a few stories. Lucy: One of the stories I thought we'd start with, before we get to our usual set of questions, is: what kinds of topics are you seeing these days put up on SlideShare? Rashmi: Anything, and everything. conversation, and debate is what this is about. Last year in November, we saw a lot of focus on the credit crisis. Recently we've seen a bunch of Obama presentations. Whatever is the current topic, that definitely shows up, and then there are more stable topics. We always have some things about the latest technologies or whatever people are excited about such as Telescope, or Ruby, or Python. You also have a different, more creative type of presentation, which are basically photographs with some music in the background. So there's a whole range of types of things that show up on SlideShare. Lucy: That's a great transition into our first question. You have a Ph.D. in cognitive neuropsychology. That is just so fascinating, and I know that you really did fall in love with the Web, and Web 2.0, and you really have looked at some of these issues around Web technologies from a perspective of human psychology. It would be very interesting to know how you see the cool technology today. What do you think is hot, especially in Web 2.0? Rashmi: I'm coming up from a little bit of a biased perspective, since I've spend the day kind of behind SlideShare, looking out at what people are doing. What I find really interesting is that so many of what are the more businessy, supposedly boring topics, are kind of the hot topics of conversation that people are participating in. It's not necessarily diluting the level of the conversation. For example, before SlideShare you couldn't really imagine people bonding over these very technical presentations. But you had this mission that people are interested in, and the Web really enables them to find each other, and to bond over these objects. Whether it's on Twitter, or it's on FaceBook, or it's on LinkedIn, or it's on peoples' own websites and broadcasts you really see this ability to have these topic-based conversations, which I find very interesting. I think one of the things that really strikes me is, what's happened with social networking is that the world is much more deeply linked than it used to be. Earlier it was all about just the hyperlinks, how you point to each other, and now you have all these social connections and all these different social spaces that they participate in. Overall I think that the interlinking of people and the web has become much more complex and much realistic in reflecting real world relationships in some way. I find that very interesting overall. Larry: Mm-hmm. Lucy Sanders: I think the idea of communities around PowerPoint presentations is fascinating. What kinds of communities do you see forming? What kind of topic areas seem to be the most popular? Rashmi: A lot of conversation around social media. I think all the social media junkies of the world come to SlideShare and put up presentations and find the other ones. So you see a lot of conversation about that. You see a lot of conversation about marketing, about the web itself, about technology, and about I would say pretty much any topic that people do their presentations around, you see communities forming. The interesting aspect about the community and was something that we had noticed time and again is that it doesn't happen only on SlideShare. It happens outside SlideShare often. It often happens on Twitter or on FaceBook, where people take back the objects and then bond over them. We have tried to embrace that in a natural and fluid manner and let the community formation be anywhere that people are. They can take these presentations, or documents which we also support, back with them. Larry: Wow, you're doing a wonderful job. Now one of the things, Rashmi, I'd like to ask you is, with your background, your education and everything else, why did you become an entrepreneur and what is it about being an entrepreneur that makes you tick? Rashmi: Well I never planned to be an entrepreneur, and it was entirely an accident, maybe a little bit of an accident stemming from what the thing that I wanted to do in life. But I did not, when I was doing my Ph.D., if anybody had asked me "are you going to be an entrepreneur?" I would not have thought that for a moment. I guess I just embrace whatever is in front of me and kind of go with it. And that just led to one thing after the other. So I'd like to share the story of how it happened. I did my Ph.D. and then I came UC Berkeley for a post doc. I was doing psychology, not at all interested in technology. As I said, the Bay Area water, there's something in the water here that gets you interested in technology. So I started just focusing more on technology, found the topics very interesting, and one day walked into the UC Berkeley School of Information which does a lot of human computer direction work, and just said, "I find these topics interesting. I'd like to work on them." And they said, "Great. Why don't you start?" So I switched topics within UC Berkeley, did that for a year, then decided I wanted to do consulting. So I changed to consulting, formed a company, we built our first product, that was MindCanvas. And I formed the company, by the way, with my husband who is a software engineer and who was getting done with his job that he was working in for Commerce One. So we formed the first company, we built our first product, and then he came up with the idea of SlideShare. We launched SlideShare in October 2006 and it just took off, and we kind of followed it. I'm definitely an accidental entrepreneur. Lucy: I like this notion of embracing what you see in front of you, and just moving with it and taking advantage. It's very opportunistic and I think we see that a lot in entrepreneurs. So along that path, I'm sure people influenced you. You had mentors, or maybe not. But we're really interested in understanding who influenced you. Rashmi: Lots of people along the way. So in academia, my teacher was very influential. In terms of the way he taught me to work rather than the specific things that we worked on, I've moved away from them. But the way he was efficient in his working, that really taught me a lot. At UC Berkeley I work with Marti Hearst and Hal Varian they were doing academic admissions and how the end is now economists at guru, and just kind of watching the way the talk about the Web. That's how I was really introduced to technology working with them. That has been very influential in the way I approach things in SlideShare. So, those are just some of the people who've influenced me, but there are lots and lots of people along the way who've helped me figure out things. Larry: Very interesting. Now, I really admire the progress you've made. Somewhere along the line since you've started your company, SlideShare, what was maybe the toughest thing that you had to do. Rashmi: The toughest thing was moving down at a product. I had to do that, it was called MindCanvas, it was a service platform. It was doing well, we were making money off it, it was a profitable business. But SlideShare had more promise, SlideShare had already touched the life of millions of people, and we realized that we could touch the life of millions more. So, we were definitely all in love with SlideShare, and we loved MindCanvas as well, but there was really a moment in time where we realized we could not do both. SlideShare especially was a very demanding application so we had to put all our energies into that. So I remember the day that we realized that we needed to make a decision, it was a very tough day. Lucy: That is tough, you really do get very close to products and companies, I mean they're parts of the family. I had to shut down a few things at Bell Labs and I hated it every time it happened. In fact, I think I just either saw in your Blog, or maybe it was a Tweet. That you had had to tell somebody once again what had happened to MindCanvas, and it is, it's very emotional. Rashmi: I have to do that pretty much every two or three days. We still get a lot of emails about it, and what we really need to do is say so on the Website that we are no longer offering this. But I think somehow or the other that it is hard to, kind of, make that. But we still get a lot of inquiries and we need to make that final. It's a very tough thing, actually. Lucy: Well, I think it is though. It is the flip side to the coin of having great passion and loving what you do as an entrepreneur, that sometimes in the life cycle you have to shut it down. So, if you were sitting here with a young person and telling them about entrepreneurship and giving them advice, what would you tell them? Rashmi: It said so very often but it really is true, is that: have the confidence that if you believe in something and if you think you can do it then you can do it. Maybe there are aspects of it you'll realize that your skills and personality are not suited, but there are other aspects that you will grow into. You know, when I decided to do technology I knew a little bit of computer science, I had taken a few courses but I was definitely not a very technical person. I kind of just went ahead, and forged ahead with it and have learned along the way and have picked things up. I have figured out what my strengths are. I would say that's a very important thing to decide what interests you because you can't do anything as well as the things that truly make you come alive. Larry: When you said, "if you think you can, you can" it reminds me of some things I've read in some books about, "working the mind". Is there any book in particular that has been important to you? Rashmi: I can't think of any particular book. I used to read a lot as a child, and it's kind of like a whole range of books. I always feel that about half my life was in my imagination in these books, and I read very fast. I read in this frenzied manner. So, it's more like I read a lot of books, rather then any particular books. But I will say there is something, one thing, that has been very influential to me as an entrepreneur is my mother. My mother has been a housewife and she hasn't had a career, but she made sure that her daughters would have a career, and in some ways, I have lived her ambitions. What she didn't get an opportunity to, maybe both my parents gave me that opportunity. That's been a very big influence on me. Larry: Kind of following up on that, then, what do you feel are the personal characteristics that make you an entrepreneur like you are, that'd given you that advantage? Rashmi: Well I think these entrepreneurs have to have this optimism, this ability to see the bright. To see that you can do it and what the next thing is. You always have to be able to imagine what's going to happen next and then to make it a reality. So the ability to imagine, to see the positive, and pull ahead and not really care. When we first went out and talked about SlideShare, and this was early on before we had barely a few million visitors, even at that point, I remember some VCs, et cetera, would be like, "how can you have so much traffic?" We just believed that presentation are used every day. There's millions of people sharing it, and we were going to build this site where they would all share it. So, we had this believe no matter how many people doubted us, we just kind of went on with it. That's one very important ability for entrepreneurs. But it's really hard. And there are days you seem really feel down and something has to carry you through that day. Lucy: Well if you'd come and talk to me, I would have told you that probably half of that traffic would have been me. I can give so many power point presentations that, I think it's a fabulous idea. Good for you for sticking with it. You mentioned that it is hard work and sometimes you're down, and you have to keep going, and look at the bright side. What other things besides thinking that way, what other things do you do to bring balance between your personal and professional life? Rashmi: That's the hardest part. We are still trying and it's hard to figure that out. I keep on making resolutions and breaking them. I keep on thinking, I'll go home at a certain point in time. But then I go home and start working again. One thing that we have been trying very hard, and, by the way, it also reflects the fact that my husband, John and I, are both of part of SlideShare. We are the cofounders. So it it's hard for us to leave SlideShare behind. I would say I lead an unbalanced life and I'm probably not the right person to give any advice about leading a balanced life. Larry: Rashmi, I really needed some of that advice because my wife, Pat and I, we work together. And we have this... you talked about our scenario. Rashmi: You can leave the place but you can't leave the, yeah. Lucy: And we've heard the answer before about being rather unbalanced. But we've also heard that sometimes you have years of unbalance and then years of some amount of balance. So it sort of integrates out over decades. So you've achieved a lot. And, I should mention to our listeners as well, that Rashmi was named one of the most influential women in Web 2.0 by "Fast Company." So congratulations for that... Rashmi: Thank you. Lucy: Awesome achievement. And so what's next for you? As SlideShare is up and going and making great progress. I am sure there is more work to do there, but have you looked down the road just a bit to see what you might want to do after SlideShare? Rashmi: Well, I mean, I want to make SlideShare a big independent company. And I'd like to do things along with SlideShare. One day I think I would like to write a book. And I'd like to get more involved in social entrepreneurship. Interesting companies that are doing something in that space. But that's definitely something I would love to do. But right now SlideShare is such a young company, it's just two and a half years old, and it's just starting. So there is a long way to go with that. Larry: Yes, actually just finished the final editing of my latest book. And it's really worth it. It took just about three years to write it and get it edited. So don't forget that, you keep it up. Lucy: It's very good. Well thank you very much, Rashmi. It's been great talking to you. I want to remind listeners that they can find these podcasts at ncwitt.org and w3w3.com and pass them along to your friends. Thank you Larry. Larry: Yeah thank you. And Rashmi, it was a pleasure. Rashmi: Thank you both you. This is a pleasure too. Lucy: Thank you, that's great. Series: Entrepreneurial HeroesInterviewee: Rashmi SinhaInterview Summary: "It was entirely an accident" that Rashmi Sinha became an entrepreneur, she says. After backing into technology and entrepreneurship, however, she advises that it's important to decide what interests you, and then follow your interests. Release Date: April 29, 2009Interview Subject: Rashmi SinhaInterviewer(s): Lucy Sanders, Larry NelsonDuration: 18:21
Audio File: Download MP3Transcript: An Interview with Carol Realini CEO and Founder, Obopay Date: April 7, 2009 Carol Realini: Obopay [intro] Lucy Sanders: Hi, this is Lucy Sanders. I'm the CEO for the National Center for Women and Information Technology, or NCWIT, and this is one in a series of interviews with fantastic entrepreneurs, women who have started IT companies. With me is Larry Nelson, w3w3.com. Larry, how are you? Larry Nelson: Absolutely magnificent, kind of jittery a little bit. We just launched our Internet TV show, so things are going good. Lucy: And the name of the Internet TV show is... Larry: "Colorado Rising." Lucy: So everybody, be careful, he's after you for not just audio interviews now but live TV as well. Larry: You bet. Lucy: With us today we have Carol Realini. She's the founder and CEO of Obopay, and before that a very distinguished career in a number of high tech companies including Cordiant. Obopay is the first truly comprehensive mobile payment service in the United States, and it's really cool. You go on the website and you can basically send money to your kids. If you're kids, you can get money. I'm trying to figure out how to get my parents to do this for me even now. Larry: Yeah, I've got five kids. I appreciate that. Lucy: [laughs] And we're really happy to talk to Carol. Welcome, Carol. Carol Realini: Thank you. Happy to talk to you guys. Lucy: Oh, great. Why don't you tell us a bit about Obopay. It's a great company and it has a wonderful value proposition. Carol: Absolutely. First, I just want to say I assume you are all in Colorado today. And I'm a longtime San Francisco-born Californian, born and raised here. But I spent five years living outside of California and that was living in Colorado, and I love Colorado. Lucy: Well any time you want to come visit us. [laughter] Larry: That's a deal. Carol: Absolutely. Lucy: That's a deal. Carol: I love Colorado. So let me just give you a little background on myself, and then I'll talk about the founding of Obopay and what we do and a little bit about the company. I am a four-time entrepreneur, so this is my fourth company from the ground up. Lucy: Wow. Carol: First one, I wasn't the founder but I was a very early employee at Legato, which became a very large storage management software company which was bought by EMC. That company went public and then was bought. The next company, I was the founder of a consulting company that focused in the early '90s on helping people migrate to distributed computing. And this was when big companies around the world were trying to figure out how to leverage the client server and PC technology that was emerging. And then the next company was Cordiant Software, and I founded that and raised the venture capital for that company and was the CEO until just before the company went public. And it went public in 2000 and is still a public company. And then I retired from that and thought I wasn't ever going to work again. I'd had a fantastic career in technology, really started in the mid-'70s when it was really about mainframe. And I retired thinking I would never work again, and actually moved to Colorado and ended up getting involved in some nonprofits which were focused on fostering entrepreneurship in developing countries around the world. As a result of that, I was traveling in places I would have never normally traveled, places in rural Africa, rural Latin America, and was quite taken in 2002 with the number of mobile phones that I would see in very far away places where there was no electricity, no clean water. You would find that there was a growing number of people that had mobile phones. And this is the year 2002 when there was about a billion phones on the planet. And since my last three companies had really focused on financial service software primarily, and I had spent a lot of my time in the financial services industry building software from the biggest financial service companies in the world, I ended up starting to think about, well if there are mobile phones in all these places, maybe we could use those mobile phones to start delivering financial services to everybody with a mobile phone. It was a real simple idea, but it was exciting for me to think about the possibility that someday most people would have mobile phones, and those mobile phones could then bring convenience and access to banking like we've never seen before. So that idea got under my skin and by 2004, late 2004, early 2005, I funded some research where we went around the world and looked at some of the very early implementations of mobile payments and mobile banking. And once the research report was done, the way I think about it and this is the way it happened, when I started the research report, my career was behind me. When I finished the research report, my career was in front of me. Lucy: That's great. Larry: Yeah. Carol: Yeah. And I decided I just had to come back to work and use all my experience as an entrepreneur and technologist to build a company to deliver mobile payments and mobile banking to every mobile phone. So that was 2005, and I've worked almost every day since I made that decision. And I'm sitting in my office in Redwood City where I spend a lot of my time now. And the company is about 150 people now. And we are operating the service in the US and India, and we're in the planning stages to rolling it out in Africa and in Europe. And we get a call almost everyday from different parts of the world saying when can Obopay think about coming to this country or that country. Lucy: How did you choose the name for the company, Carol? Carol: The big idea is everybody with a mobile phone will get access to payment services and banking services through their mobile phone. And if you think about that, it's such a big idea because if you look at traditional banking, it serves let's say a billion and a half people on the planet, whereas already there are over four billion mobile phones. And so you can imagine that the people that have bank accounts and have mobile phones can benefit from it. But there are also a lot of people that don't get access to banking that will now have it because they have a mobile phone and there's a ways for these services to be offered to those people. In addition, people are still using a lot of cash, right, and sometimes checks. And my belief is that mobile payments and mobile banking will eliminate cash from use. And it's such a big idea if you think about it. About $7 trillion of transactions a year are done in cash still today. And I believe that in the future we won't be using cash, we'll be doing electronic transactions between mobile phones. For that reason, when we looked to name the company we said, wow do we relate to this big idea that someday this will replace cash? And we found that obol, O-B-O-L, is a greek coin that has been obsolete maybe a thousand years. And so we took an obsolete coin as a concept that we put in our company name. Lucy: That's fascinating, and the story of the company is interesting as well. And I would love to follow up with you because I think that the people here at the Atlas Institute at the University of Colorado - Boulder, they're starting an ITC4D program here. So they would probably be interested in having you speak. So that's really interesting. And you've been a technologist for a long time and our first question centers around that. How did you first get into technology? And as a technologist, what are the technologies you see as being especially interesting today? Carol: I first got into technology in the mid-'70s. I was a mathematician and I was teaching math at a local university, and found the computer science department and decided in my spare time to get a computer science advanced degree. It was a natural transition for me. I was doing math because I was good at it and I loved it but it wasn't my passion. But once I got involved in computers I got very passionate about computers and specifically software. So that's how I got into technology. And you know in the mid-'70s, Silicon Valley was a very small community, so a lot of my professors worked at IBM or Hewlett Packard. Once I started taking classes from these folks it was just very easy to understand what was going on in the industry and I very quickly opted in. And matter of fact, I ended up leaving my teaching position and starting work six months before I finished my degree. Larry: Oh, good. Well you've had a chance to work for others and the nonprofit experience you had, why are you an entrepreneur and what is it about entrepreneurship that makes you tick? Carol: I started my career as a typical software engineer and ended up starting to get into management. And I was quite successful in management positions. Something happened to me about six years into my career. I thought when I was working for this big company that my aspiration was to be an executive at a company like that, but I got involved in a project almost by accident. It was an entrepreneurial project within a big company, and it changed me. The company I worked for, which was a hardware company - it's called Amdol - decided they wanted to do a commercial product based on UNIX. Because UNIX was just an internal AT&T Bell Labs technology, and I negotiated the first commercial license for UNIX. And we ended up building the operating system and then providing it as a high-end version of UNIX out into the marketplace. And this all happened very quickly, it was very entrepreneurial, they were a handful of people in a big company and we built a whole business around this new operating system that we built. It was amazing. People would tell us "You'll never get this done," that nobody would ever buy it. And so I got involved in that and I saw about 15 people. We moved a mountain just by saying we we're going to do this. And I had that experience and I said, wow, I really love doing this and I'm good at it. I got a taste of it from that and then, once the project got mature and was mainstreamed, I decided that I couldn't go back into the mainstream, I had to go be an entrepreneur. I left and then I went to work at a company that was just about to go public, which was a database company - I think of that as my transition job. And then I got a phone call about 18 months after that, where somebody asked me to do a company from the ground. So that's how I got into it. I think that I had it in my blood, in my desire. I'm not sure if I would have been an entrepreneur if I hadn't had the early experience of how powerful it is. Also, I managed my career even before I left this big company, I had experience in marketing and sales. When you're an entrepreneur, you have to wear a lot of hats. You especially have to wear a sales hat. You have to go out and get the initial customers, you have to go out and get the initial founders or employees to work with you, you have to get the original investors. That is a sales job. And so somehow I've been able to over the years be quite successful at evangelizing new ideas and bringing on employees and customers and venture capital. And that's been something that I'm just good at and I love to do. Lucy: Well you know those are all UNIX projects. I'm from Bell Labs and we were probably one of your Amdol customers. [laughs] Those were fun times for sure, and it does sound like you have entrepreneurship in your blood. In terms of who influenced you, can you look back - you had an experience that influenced you at Amdol, and another experience at the database company - were there particular people or mentors along the way that influenced you? Carol: Yeah, I think there were. I was aware of what some other people were doing, so I think I was inspired by some of these early entrepreneurs. Famous ones, like Bill Gates and Judy Estrin. Or fhe less famous ones, just people I knew in Silicon Valley - I was inspired by those people. So I think, one thing that happened to me when I ended up becoming an entrepreneur -- if you had met me before I took my first CEO job, you would have said "Well, this woman..." Lone Ranger, I used to call myself. I would take on projects and I would do them, and I would have people working for me, but I didn't need any help. That was my attitude. When I started my first company that was venture-backed, for some reason I decided that I needed to change my style. I said, you know, I need help, because I've never done this before. And raising venture capital seems really hard, building a company from the ground up. I've kind of been involved in it in kind of different ways, but this seemed a really big task. So I decided to change my style and ask for help. I'd been around for a long time so I knew a lot of people, but I had actually never asked anyone for help, never in my entire career. And so when I wrote my first business plan for Cordiant, which is where I first raised venture capital, I sent the business plan to 50 people I knew, who had either raised venture capital or would know how to do it. And what was so interesting about that is that I've never asked for help before, and people were so honored that I had reached out to them for help, I got this wave of help from all these really great CEOs or venture capitalists. And that was the reason I'm here today. It was actually because I figured out that it wasn't just about me doing something. Being an entrepreneur and having a big idea, you need a lot of help. So when I reached out to these people, a lot of those folks became mentors to me and became advisers to me. And I remember, when I was raising my first round of funding, I said, look, if I'm successful at this -- and I thought this is the hardest thing I've ever done, If I'm successful, I'm going to help other people do this. You know, over the years, I've turned around and done the same thing for other folks and helped other people who were trying to raise venture capital or start companies. And something I really like to do is give back, because it was so important to me to have those experienced people help me. Larry: Wow. Carol, you know you have a number of happy, successful stories, but I'd like to ask another kind of question. If you were to pick the one, single time - I'm sure you had challenges along the way - but one, single toughest decision that you had to make in your career. Carol: Business decisions? Larry: Yeah, business-related. Carol: I'll tell you, there's a lot of tough decisions you make every day. I mean, when you're an entrepreneur, it's important to figure out what you can't do, or what you shouldn't do right now. I think one thing is, at big companies you might have the luxury to do most of the things you think are the right things to do. But in a small company, an emerging company, a new company, you have to choose every day what is it I have to do now, and what is it I can afford to do right now? And you have to make that decision every day, and people come to you and they lobby, or customers come to you. And you just have to be good at prioritizing and saying no. And that is a tough decision, but I can't point out one time I said no. It's just that every day, you have to learn to say no. Larry: OK. Carol: Hire this person, go after this opportunity. So that's sort of the tougher part, the tough decisions I make. Probably some of the more challenging business decisions were really around timing of expansion. Larry: Ah. Carol: So if you think about it, Cordiant wouldn't be where it is today if it hadn't made a decision to, very early on in the company's evolution, to expand into Europe. So they made a decision while they were in the US market for six months, they decided to go to Europe. And that was a tough decision to make because it was an expensive decision. But it turned out to be a very good decision. Hard to execute on, but a really important strategic move. Obopay has made that same decision. From the beginning, we decided that, to accomplish what we wanted to accomplish, which is deliver financial services to every mobile phone, we had to be willing to build a service that could work in places like the US, as well as India. And the only way to really know that is to build it from the beginning with that in mind, and then go to those markets and prove that it worked in both markets. That was a very tough decision to make because it's a very expensive decision, and it requires the ability to execute on two different markets. Lucy: You've given us a lot of pointers that would be helpful to people who are considering being entrepreneurs. For example, you said it became important to you to ask for help. I think you said, "Get to like sales," you know, and, "Learn how to prioritize and learn to say no." And I think the story about expansion into Europe is an indicator as well of taking educated risks and getting out there and really growing the company. What other advice would you give a young person who's considering being an entrepreneur? Carol: I think you can't learn to be an entrepreneur in a classroom. So I think you have to be willing to take jobs that help you build skills and experience so that you're able to be an entrepreneur and be good at it. You know, some people come out of school, like I was reading about the founder of Facebook, I mean, phenomenal story. He's 24 years old and he founded Facebook. I mean, that's incredible, but a lot of entrepreneurs don't get there that way. They end up having jobs that give them good skills and experience that prepare them to be an entrepreneur. So unless you're like the Facebook founder, I suggest you think about, "OK. What's the next job I could take in the company I'm at or in a different company that will help me get skills and experience I need to be an entrepreneur." So for example, let's say you're not good at strategic stuff, which is like what you need to be good at to raise venture capital, what you need to be good at to go out and get your first set of business partners in your business. If that's true and you're not good at it, you should get a job in an opportunity where you figure out how to be good at that, where you're tested, where you're trained, where you have to do it, because that's going to help you build the competency that you need and better prepare you to be an entrepreneur. I want to say one other thing about that. I knew in my heart I wanted to be an entrepreneur, and I remember one time I tried to get a sales job at a company. I won't mention which company, but I tried to get a job being a sales person, because I kind of knew I needed to be better at this. And I remember the person I went to who liked me a lot, said, "Oh, well, you're a girl. Nobody's going to buy a million dollar product from you." [laughter] Lucy: I'm sorry. Larry: Yeah. Carol: But, you know, at the time that was their point of view. But I remember thinking, "You know what, that is not going to stop me. That's this person." Lucy: Absolutely. Carol: And, you know, it may have been conventional wisdom that a girl couldn't do this job, but it didn't faze me at all, and I said, "Oh, OK. That's your opinion. I better go find my sales opportunity someplace else." And I think you have to have that in your DNA to be an entrepreneur. You have to be the kind of person that has the kind of vision and direction and drive that when some obstacle gets in front of you, it's not that it's not real, but you figure out how to manage beyond that obstacle. Lucy: Absolutely, being relentless. Larry: Relentless. Lucy: We've heard that a lot, relentless, persistent. Carol: Yeah. Larry: Yeah. Lucy: Yeah, resourceful. Carol: The other thing I was going to say about building the expertise to be an entrepreneur, I have two other things to say about that. You can never be everything. You can't be all things to all people. There's some things that maybe the perfect entrepreneur would do that I'm not good at. So you also need to understand where your limitations are and surround yourself with a team that collectively has the skills to pull off the business. So you're not going to ever be all things to all people. There are some things you have to be able to do, like raise venture capital, but there are some other things your team may be able to do for you, and you don't have to do it yourself. The other thing that I would say, and one thing I like to say to the people who want to be entrepreneurs and go out and raise money, especially raising money. I said, "If you think about being entrepreneurs, don't think about success being raising money." Because let's imagine you're going to be successful raising money. Success is when you get the money and you've got the company, that you're successful with the company. You have to think less about sort of the, "Oh, I can get a VC to fund me," and more, "I can get the capital I need to build the company I need to build, " and it's a different mindset. And you have to have the mindset of, I not only have to be able to raise the venture capital, I have to be the kind of leader that once I have it I can build the company. So you kind of raise the bar for yourself and what you think you have to be able to do to build the company. You have to raise capital, and you have to make that capital turn it into a successful business. Larry: Carol, with all the things that you're doing and you're at the office right now, how do you bring balance to your life, both personally and professionally? Carol: I don't think I have a balanced life. [laughter] Lucy: Yeah, we're heard that before too. Yeah. Carol: But I don't know, you know, I think about that I have three children, and I love them and they're all successful. They're grown. They're in their twenties. I love them. I don't see them as much as I want to, don't spend as much time with them as I would like. I have a husband who I've been married to for almost 30 years. I love the outdoors. I'm very athletic. But the fact is when I'm doing this I would say that I don't have the kind of balance that would be the perfect balance, and I just accept that. That's the job. The job is to have a little bit of struggle with balance, because the job is going to be really, really demanding, and I've accepted that. I had five years off, six years off where I was able to spend as much time as I wanted with my kids and my husband. And I biked and hiked and skied 60 days a year. That was fabulous too, but, you know, there's nothing like building a company from the ground up. Lucy: And that's the case, and we've heard that from some of our other interviewees as well, that it's more of an integrative thing. You know, that you have all these interests and you integrate them, but it's not like every day is balanced. Larry: Right. Lucy: That's really interesting. So, Carol, you've done so much. You're a global visionary. You give back. I wanted to mention to listeners as well that Carol was on the board at the Anita Borg Institute, which is one of the co-founding organizations of NCWIT, really focused on women and innovation and computing. And you mentioned earlier that it's important for you to give back. So across the board you've done some pretty phenomenal things. What's next for you? Carol: No, I am very passionate about entrepreneurship, so wherever possible I support entrepreneurs, either through my own time or through donating to organizations that support entrepreneurs. I'm passionate about education. There are places in the world where children don't get access to free education, places like Uganda or a lot of places I go in the world. And so my husband and I both donate a lot to programs that get the kids that are left out of the education system access to education. So we do that and that's something we do on an ongoing basis. You know, I'm kind of doing Obopay full-time. It's interesting. I was on boards when I started Obopay, and I got off all of them. And I did that because I just felt like for an early stage company I didn't have the luxury of having time to be a good board member for them, but I think for the next couple years, I'm pretty much full-time doing this. But I don't have a lot of bandwidth to do other things right now. When this period is over for me, I don't know what's next for me and I'm not worried about it, because I love so many things. I have so many hobbies, so many interests, I'm not worried about what comes next. I'm not a worrier anyway. I'm just dedicated to doing this now, and I know when I'm doing this that they'll be something else great for me to do. Larry: Well, I couldn't agree more, yeah. Carol: Oh, that's another word for entrepreneurship, fearless. Larry: There we go. Carol: There you go. Larry: Well, Carol, I want to thank you for joining us today. Carol: Oh, you're welcome. Larry: And we'll put your link up in the website. That's Obopay.com, but we'll put it up on NCWIT's website. That's ncwit.org, and also at w3w3.com. And by the way, I want to say this to the listeners. Pass this interview along to others that you know would learn from it and would enjoy an interview on this kind of a topic. Thank you much, Carol. Lucy: Thanks, Carol. Carol: Thanks, bye. Lucy: All right. Thanks everybody. [music] Transcription by CastingWords Series: Entrepreneurial HeroesInterviewee: Carol RealiniInterview Summary: Carol Realini is an imaginative pioneer whose foresight and business acumen have changed the landscape of technology, and whose global vision is providing hope and a future for people in developing countries. Release Date: April 7, 2009Interview Subject: Carol RealiniInterviewer(s): Lucy Sanders, Larry NelsonDuration: 24:49
Audio File: Download MP3Transcript: Lucy Sanders: Hi everybody. This is Lucy Sanders. I'm the CEO for National Center for Women and Information Technology or NCWIT. And this is one series of interviews we are doing with women who have started with IT companies and with me is Larry Nelson from w3w3.com. Hi Larry. Larry Nelson: Hi. Am I happy to be here. Lucy: Tell us more about w3w3. Larry: W3w3, we've been doing this for ten years. Radio shows, we have been doing a wonderful series here with Lucy here at NCWIT. We audio archives. We are all business. We tend to have focuses and this particularly one obviously is women entrepreneur which is fabulous. Lucy: Well, thank you Larry. We are happy that you are hosting our interviews. Today, we are going to interview a pioneer in blogging and very excited to have Mena Trott with us. She's the cofounder and president of Six Apart and she is responsible for such products as movable type and type pad. Welcome Mena. Mena Trott: Hi, thank you. Thank you for having me. Lucy: It's really exciting to interview you. As everybody listening knows, the blogging in the world is huge and only getting bigger and more important. So why don't you tell us a bit about Six Apart and we're also curious to know where the name came from. Mena: OK, Let me preface] this thing. I'm overextended personally because I have a daughter in October 2007 and so I don't do that many interviews anymore and so I'm rusty please forgive me. Six Apart is the company behind the name of our products we founded it in July 2002 officially even though it came out in 2001. And the name, really comes from the fact that my husband and I who was my co-founder, our birthdays are six days apart. It was supposed to be a name that we didn't think most people would ever ask why it was called that. But as the company's became so popular we have to explain it quite a bit. But it's pretty silly. Lucy. Well, I think it is a great name. Congratulations on the new baby, by the way. Mena: Thank you. Yeah, she's 18 months old. She's not really new but I'm enjoying my son at home. I choose to not go back to work immediately. I wanted to really embrace the baby for years. Lucy: Well, 18 months seems to Larry and I quite young. We have children out of the house. Larry: I have grandchildren. Lucy: OK. No, I think that's just fabulous. Congratulations on that. Mena: And I'm sure how fast he grows. Lucy: It does grow very, very quickly. Six Apart is a great company. The blogging craze is a wonderfully progressive space. Tell us a few things about how you first got into technology and where you see blogging going today. Mena: OK. We really became interested in the web and it was the web when we were in college, really late years of high school through college. We both graduated in 1999 and so we had experienced to see, observe what was going on. We played around and create our own personal pages. I started to blog in April of 2001 so, right around this time, nine years ago or eight years ago. My love of technology has been very connected to my love of social communication and the way we were interacting in the web. In the early days, we were involved, we were very involved in message boards, and news board, in all boards sort of thing that were the precursors of what we are using now. So my interest in the technology seems like the board interacting. Blogging was the next behavior based on what people were doing. It was more about thinking and blogging on line but also have ownership of the blog that you are creating. That was very different from what we were doing in the message boards where we may have thoughts that you would have posted now on your blog but were all mixed together. It was something definitely I knew on the site . This is your voice and the people visiting it will get for example I have a background in design so I did the designing in all of the products and then have the background in computer engineering and that was our first sort of foray into workers at smaller company and that's where got our background. Larry: Well, that was quite an interesting lead but I have five children. Also, our blog was w3w3.blogs.com, I bet you are familiar with that one. All right, so how do you take the sleep and what is it about being an entrepreneur that got you in there and what makes you tick today? Mena: The Interesting thing about when we started. We started this all around late 2001 right around after September 11 so it's not worth it. I was only trying to get insights of people but it was so the end of the boom. It was times very similar to know. It was less opportunity even thought the economy was not bad in all sectors, it was more the technology. And so Lee and I we were so confident because a lot of companies at that time were closed. We had some money saved in the bank and said hey, "let's do this for a couple of months focusing on that and see where it goes." I think the economy went with it because nobody in our peer had jobs, let me just clarify that. So it wasn't as much as a risk as maybe doing it at the height of the boom. So we thought we could do it because we were able to. We had such low cost in terms of company. We paid for rent in our apartment and we paid or basic for us and shelter and all those things. We didn't have employee, we didn't have cost, we were using software that was downloadable, so we didn't do anything like hook or services or selling the product that was actually, something you could hold. So the costs of getting into this were incredibly low and it just seem crazy to to give it a try. Lucy: I think that's a valuable lesson for the economy that we have today. Larry: You bet, we'll highlight that. Lucy: It's the truth when things cant go much worse, take a risk. Mena: Oh, yeah and I think we've seen up and down during the years. During the second bubble when you see all these Web 2.0 companies coming out. It was all about making something big and glorious and not worrying about where blogging's coming from which is very similar to the bubbles that we experienced in those early years pre-1999 and post... 1997-1998. And it is a really augment to get that I'm going to create something and not worry about where the money comes from. We are just going to get funding, over and over if we do and I don't think that it's ever healthy and I don't think that how our company is being made. We've always wanted to have business models and do something that could be sustained. That's, I think, why we're able to be successful even in these hard times. It's not nice right now. I don't like seeing companies suffer, but it's also good to see people realizing that we do have to be sustained. We should be able to sustain our company. Everyone should be able to enter the space, but, at the same time, they should be more responsible than perhaps they have in the past. Lucy: Well, that's a great observation. It's easy to see why you're a successful entrepreneur. Larry: Yeah. Lucy: Along the way, I'm sure you must have had mentors, or people who have influenced you, in issues concerning entrepreneurship. Tell us a bit about them. Mena: Yeah, I think it goes back to what I just said. The examples that we had were people who created sustainable, long lasting, businesses. Not necessarily things that were just flashy. It's hard to think of names off the top of my head, but I think we almost could look back to people that we have known that have had brick and mortar stores or people that have had clear businesses. You look at something like Amazon where it was very clear where his money was coming from, what kind of business it was. Maybe that's less true now, but at the time, it was very straightforward. People that were passionate about their businesses. That was always our sort of mentor. Or at least the people that inspired us. It was those people that you could tell loved what they were doing and were doing it because they felt their product or their service really filled a need. And really that's who we looked up to. Names, I'm drawing a blank, but you get the idea of the mentality behind that sort of person. Larry: Mm-hmm. Lucy: Absolutely. Larry: Boy, I'll say. With all the successes and the real neat things that you've done and accomplished individually, and with your team, with your husband of course, what is the toughest thing you ever had to do in your career? Mena: The toughest? Larry: Yeah. Mena: I think the toughest, probably, there were a couple things. The first clear example would be taking our first round of funding, which we took from a small Japanese investor. To make leap from saying we are just going to be these two people who are going to do this product because of love and if we can make some money, that's good. If we don't make some money, it's OK. We can get jobs. Since then, saying not only does our company need to succeed for our benefit, but we need to make other people money. And we just can't quit, if we're tired. So the toughest thing has always been really jumping into that next step. You can only imagine, your return for a company, it's vastly different from when it's just an LLC between a husband and a wife and a corporation with outside investors. So doing that, you have to say, "I'm going to be serious about this. I'm going to make this succeed and we're in it for the long haul." Our company is almost nine years old or eight years old. That's a really long time to be in something. I think we realized it the morning we released Movable Type for the very first time that we were going to stick it out. That's a huge investment of your life. We were fairly young. I guess we were about 23 when we first started Movable Type and Six Apart and to say this is something that we are going to be doing for the next 10 years? I think we were probably, "Woo hoo." If we knew that, we would have been a little more trepidations. Every step after that you know that you are going to be in it for the long haul and that's always tough. Taking that first round of funding. Hiring our first employee. All of the sort of things that we had to do to get to the next level. Lucy: Those were interesting observations and they would form great advice for anybody who wants to be an entrepreneur. So what I've written down so far would be, "Know your business model. Be passionate. Be in it for the long haul. Look up to companies that have sustainable approaches." What other advice would you give, particularly to young people, who want to be entrepreneurs? Mena: I think a good piece of advice is always to be open to other people's ideas. It's something that has definitely come with age for us. That you think you know more things when you're younger than definitely when your older, even if you know more things when you're older. Even though we're still relatively young, you do have to be able to see that experience is one of the great things that people can give you, as advice, as well as participating. Now, it's an interesting time for me, because I'm not involved in the day to day. Ben, my husband, is at work for me, but he's also young. He's doing his job as CEO and he still puts in long start-up hours. I'm at home with our daughter, not necessarily trying to be involved through my husband, but being involved through other people. Because I want to separate the husband, wife, co-founder relationship. It's a big step for me to be at home instead of at work, because I have always been the sort of person that needs to be involved and to be making the decisions or be very instrumental in the decisions. So, stepping away and saying, "I trust these people, " having my husband there makes it easier. You have to trust the people who are in place and our CEO, Chris Alden. I trust him and I trust our VPs and our corporate development person, and all these sorts of people, as well as the day to day employees who create the product. I think an entrepreneur has to be able to say "I have these ideas. There's something about me that makes me special." To be able to create a company and to run a company, but, at the same time, if you're not willing to trust people and put people in place who you think are talented and are exceptional, then I don't think you're going to get as far as you possibly can. You see a lot of times when founders refuse to, not just step down but, just step back. It's not really an issue of not being CEO anymore, it's the issue of just being a team player. That's a problem that I think we see and that's one I think we've been able to comes to terms with as not being an issue. Lucy: And experience does teach you that. It is related to being able receive feedback, in some ways. Larry: Mm-hmm. Lucy: I think, over the years, I've come to learn, perhaps the hard way, that feedback is actually a gift. It's nothing to fight. It's something to embrace. Mena: Yeah. A big thing is also, I think, being able to share your victories. It's something that I think has come with age with me too, and being comfortable in my own skin is that you want your entire team to succeed. You don't have to be the individual player who succeeds. You'll see that the healthier the company, the more people are out there being lauded, applauded for what they're doing. Lucy: I want to return to a theme we've had in this interview so far, and that's the balance of personal and work pursuits. Interestingly enough, this morning I had to answer a question for an Ask a BC blog about being a woman and a mother and an entrepreneur. I might want to rephrase this question. We normally ask it slightly differently. What is it like to integrate being at home with your daughter and also having career pursuits? You mentioned that you're going to stay home a while. And you're really experimenting with integrating personal and business lives. I'm curious how you do that and what you see ahead. Mena: Yeah, it's a very difficult thing. It's hard because we don't want to say that it's impossible for a woman to have a career and a family. Or at least it's impossible for a woman to have a career and be the child-rearer, at least at home during the day. But it really is quite hard. You're going to cause one thing to suffer on either side. If you're putting in the hours that you feel as an entrepreneur are necessary for your company, your child isn't going to have the attention from you personally that you may want. And at the other side, if you're giving your child your hours the company's not going to get it. That's very clear. Personally, I've made the decision to be at home because of the things that I said, that babyhood and childhood go so quickly, that I should be here for her. I've thought about, do I want to take a day off of being a stay at home mom and get a nanny to watch her, and it's something that I think, as she gets older I can see doing a day a week. But with my personality, and I think it's why the company Six Apart got to where it is, is I like throwing myself into something completely. I can't just half and half it. The mentality for me has to be, what am I doing? This is my full time commitment. That said, I'm even able to do any simple work right now, because what we do is so decentralized. It's about the Internet. It's about the web. I can do a conversation with you right now while talking through Skype, rather than have to meet in person because we live in an amazing time. I think because of that, being a stay at home mom, I'm at home 24 hours a day with my daughter, but I still feel very connected to people at work. I feel connected because we have an intranet that I'm able to access. I feel connected because I read people's blogs, because I can see the news. I feel like I know what's going on. I'm lucky because of the industry I'm in. If someone's in a different position, say a lawyer who decides to stay at home, she's not going to have, necessarily, that connection. She's not going to be able to see her work happen just on the web. I've been very fortunate. I think people in my space probably have more opportunities than in more traditional jobs. But like I said, I feel like I have to put myself into something fully. I am now starting, actually starting this week, trying to do some work in Penelope's down time. Ben puts her to sleep at night, so then I can do some stuff at night. But at the same time, it's not startup hours for me. Larry: Mena, that really sounds like a fascinating plan that is about to unravel. Lucy: The very important points here...Sometimes when people think about work and personal balance they think it has to be 50/50 all day, every day, forever. Whereas, I think Mena's getting to a point where maybe for these two years I'm doing this. And then I may mix it up differently the next year, or I might mix it up in some other way as we go down the path here. Mena: It's like a startup or a company you begin. You don't know what's going to be going on in the next couple months. So you always have to be able to adapt to the new situation. Lucy: So being an entrepreneur teaches you how to be a mom! Larry: There we go! Lucy: If anything could teach you to be a mom, right? Mena: It is very similar. Larry: I just want you to know, Mena, that things do change. My wife and I, we've been in business together for 37 years and we've got five kids. We've done it. Lucy: It's really been wonderful talking to you and I just wanted to ask you if you had any other observation about entrepreneurship or Six Apart that you wanted to share with out listeners. Mina: There are so many things to say. I think for people listening, especially women, the advice is, it's going to be hard. It's going to be something that isn't all glorious. You put in hours and it's very emotional. Like we just said, the same things could be said about motherhood or about parenting. But the rewards, even if you're not wildly successful, the rewards are that you learn, and that you're able to grow and you're able to do what you do better the next time. And I think that Six Apart is doing really well. I'm amazed. I never thought, nine years ago, that I'd be able to just take off to have my child and it would be a company still. We were so much tied to it. Part of learning to be able to say this is my baby. I can just use that metaphor both ways. This is my baby. Plus the baby learns and the baby's going to grow. To be able to accept that and to understand that you're able to do something after that. It may be bigger and better. Larry: Well, Mina I want to thank you for joining us today. Mina: Thank you! Larry: There's some super, super advice here. Mina: I'm very glad to be able to get back into the swing of things. Larry: Well, see Lucy. We helped her to get back into that swing, at least into the start of the swing. Lucy: We'll help you any time, Mina! Larry: You betcha! And so all of our listeners out there know, you can download this as a podcast 24/7 at w3w3.com and ncwit.org. Is that correct? Lucy: That's correct! Larry: You bet. Pass this interview along to others that you feel would really be interested in hearing it because they can listen to it 24/7 also. Lucy Sanders, it's always great joining you. Thank you much. Lucy: Thank you Larry, and thank you Mina. Mina: Thank you. Series: Entrepreneurial HeroesInterviewee: Mena TrottInterview Summary: When Mena and Ben Trott started Six Apart in 2001, starting an Internet-based business in a stagnant, post-9/11, post-Internet-bubble economy seemed like a big gamble. But their success can be credited to some fundamental entrepreneurial tenets: Know your business model. Be passionate. Aspire to sustainability. Be open to new ideas. Release Date: March 1, 2009Interview Subject: Mena TrottInterviewer(s): Lucy Sanders, Larry NelsonDuration: 22:03
Audio File: Download MP3Transcript: An Interview with Anu Shukla Founder & CEO, Offerpal Media, Inc Date: February 7, 2009 Interview with Anu Shukla Lucy Sanders: Hi. This is Lucy Sanders, the CEO for the National Center for Women & Information Technology or NCWIT. This is part of a series of interviews we're doing with outstanding women entrepreneurs who have started IT companies. They have just so much wealth of experience and passion around entrepreneurship to share with us. With me is w3w3.com's own Larry Nelson. Larry Nelson: Oh yeah, well she's making fun of me right now. Lucy: Yeah, I know, I know. Larry: Yeah. We love what we do because working with the organization and the contacts you have is fabulous. Lucy: Well, we're very excited to work with w3w3 and today, we're really excited to be interviewing Anu Shukla who's the founder and CEO of Offerpal Media. Now, this is really a great, great Website. People need to go check this out. Anu, though, is a Serial Entrepreneur. This is just her latest endeavor but it's really interesting because it uses an innovative Engagement Marketing model. Users win points for filling out surveys and doing other things and at the same time, it matches it up to advertisers. So, it's a win win-win for everybody and really works towards monetizing the web even more through advertising. So, Anu, tell us a little bit about Offerpal Media and what Engagement Marketing models are? Anu Shukla: Yes, thank you so much, thank you. First of all, thank you so much for having me on the show and I am also very excited about Offerpal Media. And as you mentioned, I'm a Serial Entrepreneur but I have to say this is probably the most exciting venture I have been involved with. Offerpal Media, as you mentioned, is a Virtual Currency Modernization Service. So, what this means is and I'll just put it in plain English for everybody, is if you use FaceBook or MySpace or if you play games, any kind of online casual games or role-playing games or MMORPGs as they're known, you play for free, basically. At a certain point, you want to advance your level in the game or you want to move faster or you want to procure weapons or you want to unlock custom features for your Avatar or you want to send virtual gifts to people. That will require you to conduct a microtransaction with that particular game or Website and you can either, take out your credit card and pay for things or you can use a service like Offerpal. Offerpal really matches the consumers up with the right advertisers. If you take one of their advertising offers which are generally, let's put it in the category of good deals, then, you would not only get a good deal from the advertiser but you also get the virtual currency points. You can send a premium gift or card, virtual gift or card as well. What happens then is that it's win-win, win situation for everybody. You have the consumer, they got points on their favorite game so they can advance and engage further with the game. The advertiser got a qualified customer or lead and the publisher got some revenue so they can continue to enhance and make the game even more engaging for their consumers. Offerpal facilitates that service through our platform and we take a portion of the revenue for doing that. Sorry for the long-winded answer but at the end of it, it's all about benefits and I just wanted to end up with all the benefits that we provide. Lucy: Well, I thought, I thought it was really interesting. Larry: Yeah. Lucy: Some of the users around dating and poker and my son's a poker player so maybe he's used it. Anu: Yeah, most of the free to play poker games will give you a certain number of chips everyday but once you sit down at the table to play with five of your friends, all virtually. Let's say that you lose all your chips, you don't want to wait until the next day to play with them and so you are going to have to buy chips for a small amount of money or you can take one of these advertising offers and both of those scenarios are facilitated by Offerpal. In fact, all kinds of poker franchises use Offerpal and you'll see us showing up at the button in various games and Websites as earn bucks or earn poker chips or earn currency button. And, when you click on it where we come up with all the list of advertising offers and payment options. Lucy: Very cool. You know, Anu is a visionary and, in case you couldn't tell? Larry: Yeah. Lucy: In the area of Online Personalization and Marketing Automation and she, one of her former companies was Rubreck which was acquired by Broadbase so when we talk about her being a Serial Entrepreneur, it, quite a big deal. Larry: A big deal. Lucy: A big, big deal. So, Anu, you have a real track record with technology and so how did you first get into technology and obviously Engagement Marketing model is a petty cool technology. Do you see any other technologies today that you think are especially innovative? Anu: Sure, it was a bit, that was a series of questions so first of all how did I get into technology? I guess it was luck of the draw because I graduated with my MBA from Ohio and I happened to know somebody, which is lesson number, always remember to network. Just through my network, I knew somebody who had a small company here in California, in Silicon Valley and that was my first job out of, fresh MBA grad within a technology company and a start up. So, I've stuck with both of them ever since because it was personally, intellectually, and financially very, very rewarding. And it's something I really liked so that's how I ended up in technology. I really have an MBA. I have an undergraduate degree in history so it wasn't that I had none, done a lot of programming courses or even I was a competent hardware engineer or anything. But, I ended up in marketing job, this high-technology company starting with semi-conductors and moving on to databases and development tools for programmers, pretty technical in a B to B environment. So I worked for about six companies, all start ups, all of which were either acquired in a financially good, on good terms or they went public. So, after having done it about six times, I said, maybe I should do a start up myself rather than always working for other people's start ups. Because it was so rewarding, I think I've seen the process enough times, I'm comfortable. The area that I selected was Marketing Automation for a business to business environment because, guess what? I had been doing that for about 15 years. I had been a marketing executive in a business-to-business marketing environment for high technology companies. So I created some software for my peers, which is other marketing executives in the business to business environment that were selling technical products. That's how I started Rubreck which was a Marketing Automation software company that really pioneered the category of marketing automation. I had dealt with the problems of running a budget and using the Internet to communicate with my customers, all the nuances that come in to B-to-B marketing environment. And I've put that into software and made it into a company called Rubreck which was acquired about 19 months later by a publicly-traded company so it was a good financial exit for my investors and myself. That's how I set up a track record as an entrepreneur and was able to then get funding for my subsequent ventures including Offerpal. With Offerpal, what is so exciting about Offerpal and here's where we get to the technology opportunities that are emerging and remain. It was really that Offerpal was riding, the idea, the concept of Offerpal Media was really riding a few different and interesting waves. One of the big trends right now is social networking. A lot of people are spending time on FaceBook and on MySpace and on other social or community networking sites. Offerpal allows applications that work on social networks or social networks themselves to actually make money from all the visitors that they get. This we called Net Monetization and so that's an interesting and important problem. Everybody's spending time on social networks, how do you make money so that it's viable? We are an extremely important and viable option for making money on social networks, we're publishers. The second thing is the rise of the freemium model and so the freemium model is really, I don't know if you read the latest book called "Free." I think it's by the same author, I'm forgetting his name, went blank but it's all about how everything is free, but it's not really. Really, the model is all about getting a lot of consumers to engage with your product or service and that leads to up-selling and cross-selling. That's where you really make your money. The freemium model is really emerging in gaming, in online gaming so people are engaging, they will play, this has really expanded the universe of people who will play online games because they can actually engaged and try it for free. Offerpal is the center of monetization for the freemium model in online gaming and so that's an important trend that we're riding. And the third is the rise of virtual currency. Virtual currency is much more advanced in its usage and its popularity in Asian countries like Cyworld in Korea, which is a social network, all that income from virtual currency. Also in China with companies like Tencent and Xiao Nei which are all social networks that created billions of dollars of revenue from virtual currency. The virtual currency model is really being applied in European-based properties now and again, with it, the center of monetizing, virtual currency as well. Being that we're riding these three important waves, it's no surprise that we've seen some measure of success. And it also opens up lots of avenues for technology innovation in all these three areas. Larry: Mm-hmm, wow. I guess. Lucy: Pretty interesting virtual world. Larry: Is that ever but you and I are here right now. Lucy: Well, maybe. Larry: Yeah, maybe. Larry: I think it's pretty obvious why you became an entrepreneur but what is it about being an entrepreneur that makes you tick? Anu: Well, I think that entrepreneurs, I really feel that I'm on a mission every time I start a company. It's a really, a big problem that I'm trying to solve and I really love the people that I work with. Because of the nature of start-ups, the risks involved, the intensity and the tenacity that you have to have to be part of a start-up, you actually meet and work with like-minded people. So, essentially I like working with the people that work in my company but also with the industry at large, the kinds of people you meet are a reflection of what is important to you. I think, that's what really drives you, the process of creating something from nothing, the whole unknown that you are about to conquer and that along the way you're working with people that are like you that share the similar drive and passion and intensity. I think that's what makes an entrepreneur tick and once you officially hang out your board and say, "I'm in business, I'm a start-up. " Then it really becomes all about your responsibility to your, the things that you have to prove and the things that you have to do and the responsibility you take to the employees who leave their jobs and come and join you in your quest, you want them to be part of that success. Your investors, who believe in your idea and based on a business plan, plunk down millions of dollars. Then it's about proving to them or coming through for them. I think it's a combination of feeling a sense of pride and responsibility and also the creative process. Lucy: They're great answers. Being an entrepreneur is certainly all those things. You do have to have a good bit of intensity. For sure, to be an entrepreneur so, tell us about mentoring. You mentioned when we first started chatting with you that networking was important. We've heard over and over again that mentoring is important to an entrepreneur so tell us your take on mentoring. Anu: I think mentoring is very important and I'm coming from the perspective of somebody who hasn't really benefited from a lot of mentoring, official or structured mentoring. I think the reason I didn't benefit from it was because I wasn't very open to it and I've now realized that I could have benefited more, really been better in many ways had I actually been open to mentoring from other people. This is different, it's a different take that you will hear because a lot of people would say, I didn't find mentors or my mentors didn't have time for me. I didn't go looking for mentors and the ones that I did run into, I wasn't very open to their advice because I just felt that I knew it all. That's not actually correct so in hindsight, if there's one thing I've learned is that mentoring is really important. You have to actually find the right mentors that you can benefit from, and then you have to be open to listening to their advice and actually making behavior or strategy modification based on what you're learning. You always have to make up your own mind but if you're open, then you would listen to inputs from others and I'm getting a lot better with that now. Lucy: That's so interesting that you say that. I personally equate to that myself. It took me a while to get used to, in taking advice and not just taking advice but asking for it and then welcoming it. Anu: A lot of people, it is easier to approach mentors with a completely different expectation. I will have people approach me saying, "I really want you to mentor me," or "are you available to have lunch with me," or whatever. At the end of the day they're immediately looking for, can you help me find a job or can you give a career advice? It's very narrow, the scope. It's more about networking for referrals rather than mentorship. If you're really seeking a mentor, you should be prepared that they're not there to find you a job, they're not there to write you checks for your most recent venture although that maybe coming up sometimes. They're not just there to refer to other people so you can advance your business. They are there to understand what are your weakness and what are your challenges and give you specific advice on how to improve yourself and also as a sounding board for issues that you're facing. I think if you approach mentorship that way, your mentor will feel better and you will get a lot more than if you just get one referral to a business partner or a venture capitalist. Lucy: That's an excellent distinction between mentoring and networking and I'm sitting here thinking, if you were talking to a young person besides that particular piece of wonderful advice. What else would you tell them about entrepreneurship because I do think people make so many mistakes about mentoring and networking and all of those things, what other pearls do you have? Anu: Sure. I've come across two types of entrepreneurs. One is, the entrepreneurs who come across a business idea that they try out against all odds and they see certain signs of success. They just are so enamored and passionate about it, they can't wait to do it and they just jump headlong into doing it. Usually, they're right, actually, and they end up as young prodigies with huge business enterprises. That is one type of entrepreneur and what's really important in this is to have somebody who's smart enough to see an opportunity but also with blinding passion and drive to pursue it. Also, I keep in mind that not everybody will end up with a huge, an instinct that was completely correct, a great execution so they end up with a huge success at a very young age like the Google guys, right? Or the Yahoo guys, these were young people, students that found something and they said "oh this instinctively make so much sense. I love it" and then they went out and executed nearly perfectly for huge, huge gain-changing things. I'm just giving this as an example of a profile of an entrepreneur and how people come about it. So, it's important for young people listening in to see, am I that person? Am I a young person who has just come across this wonderful idea and I believe in it so strongly, I really want to pursue it and it's really, really important. The end result of this is really important. If you talk to the Google guys or entrepreneurs like the people who founded Google, yeah, they'll tell you that it was so compelling to create a better technology so people could find things more easily on the World Wide Web. It was such a huge idea that they had to pursue it and I was part of their academic curriculum but they saw the commercial viability and the benefit that could come about from it. If there are young people listening in that they have that, they should pursue it, they should, absolutely should pursue it. I don't think that good entrepreneurs are made when they just come out with, "I'll do anything, I just want to make money." I don't know, I think you have to be committed, really be passionate about the subject matter that you're pursuing or the idea you're pursuing. If it's a good idea and if you're really passionate about it, the money will come. That should not be your primary motive. Larry: Mm-hmm, very good. After getting your MBA, you went one company after another that all were successful. You've had successful companies but in this process, what is the toughest thing that you've had to do in your career? Lucy: The toughest thing that you do in your career, is to make two kinds of moves at the same time. The two kinds of moves are, you are moving away from your subject matter that you know and you're also moving away from the functional model that you know. And you're trying to get into another company or start an enterprise in a completely different area at the same time; you're not going to be the functions. Let's say, you want to move from marketing to sales and you want to move from semi-conductors into software or into, make a bigger, you want to move from retail sales into technology sales. My advice is, that's a tough thing to do and I've done it a couple of times and I was able to make it work but it was certainly difficult to do. I would say, if you try to make one move at a time, it's probably easier. If you move from retail to technology, you may want to stick in sales rather than try to change your function from marketing to engineering at the same time. Lucy: It is hard to do that, two things at one? Anu: Yeah but in all fairness, I want to go back to the question? Lucy: Sure. Anu: That's a tough thing to do and I had to do it a couple of times. The toughest thing that I had to do was, in one of the start-ups that I did, realize= a year into it that it was never going to be a big idea. Lucy: Yeah. Anu: So I needed to change it and I needed to change it radically. I needed to change it now in half the venture money that I had to do this, the enterprise in the first place because I had spent half of it on, essentially a wrong idea, for the wrong time. And so, I had to take my little company down from 30 people to five people, going to a room and reinvent it and reinvent it on the time calendar, on a clock. That's the toughest thing because innovation doesn't come on a timer. And in having to abandon what you are so passionate about and move into another. That is the toughest thing I've ever done. Lucy: We've heard that a number of times, that they're very consistent, downsizing, laying people off, leaving an idea behind that you felt passionate about. Anu: Yeah, really, it's hard to downsize of it but really, the worst part is abandoning the idea that you, you went out you had an idea. You were so passionate about it. You were able to sell people to put money into it and you have to sell people into joining your company and you have to sell the initial customers into buying it. Then, you have to turn around and say, it was not the right idea and we're going to abandon all of it and start over. That's really hard. Lucy: We like to ask people as part of this interview series, words that describe your personal characteristics that you believed gave you advantage as an entrepreneur. We hear things. I won't bias your answer. Larry: Yeah. Lucy: What characteristics do you think really you have that make you a successful entrepreneur? Anu: I think a high tolerance for risk is one. Lucy: Mm-hmm. Anu: The second is a good vision about where the market is now and where it's going so to be able to really apply the creative process towards the right things, moving in your idea. You have to have some vision about where you are now and where you could be and how markets would emerge. Being able to spot those trends, I think, early enough and being able to do something about it. I think those are things that help me create the right ideas or change it or polish it into the right ideas so being open to the idea that, that idea was good. It probably needs some polishing and then adaptability. Being able to adapt to change because change, ups and downs, do happen and they happen very, very frequently. Being able to adapt to that, I think, has also made me, this part of my entrepreneurial achievement or satisfaction with the process because I'm prepared to accept those changes. Larry: Wow, that's wonderful. It's easy to tell that you're a very busy executive. How do you bring about balance in your personal and your professional lives? Anu: Yes, that is something I don't think anybody has the perfect answer to and I suffered a lot especially after I had my children between the whole, horrible feeling of guilt. Why was I working and not spending more time with my children because certainly I didn't need to work. I could have spent all my time, 100 percent, 24 hours a day with my kids. So, why wasn't I doing that? And the reason is I just think I'm a better person when I don't. The reason is I think, I'm a better person when I'm engaged in entrepreneurial activity which I love and enjoy and have passions about, at the same time, I allow enough time and energy to raise my children and be with them. I determined for myself that I was not going to be able to do just one or the other, I had to do them both. So then it gets to the question of how do you balance the two? I think that with me, especially with this additional demands on my time, with the family situation, what I learned to do was to really hire and it became a necessity, it's something I wanted to do all along, but now, it just became completely, completely something that I couldn't live without which is to hire a great team and not micromanage them. I did focus a lot on surrounding myself with bright people and letting them, enabling them and empowering them to make independent decisions and not getting in their way, not micromanaging it so that's one thing. The second thing is, actually, it's more mental than anything else which is realizing that there are going to be times where you're going to be the best mother in the world and there are going to be times where you're going to be the best chief executive in the world. And those two don't necessarily happen on the same day. Lucy: That's amen, great. Anu: When you realize that, you said, OK there are some Parent-Teacher meetings and things I will just not miss, that's it, I'm going to be there. I don't care what great business opportunity I'm going to lose by doing that. I'm sorry, that's what I had to do. And there are times where my kids are just going to have to know that Mom is in New York for a conference and she'll be gone for two days so, I'm sorry, I won't be there. Those are the, you just have these tough choices and just live by them. Lucy: I'd say that was pretty close to perfect answer. It's wonderful. You did really achieve a lot in your career and you have, I'm sure, a bright future. Give us just a few words about what you see as next for you? Anu: I just think that, I realized a while ago because as you know, I've been fortunate enough to work with some great teams so that we will all have some measure of success. And so, I think that when do you feel you've had enough is a personal choice for everybody. This is my third start-up and I still don't feel I've had enough and so I just let my internal center guide me as to when is the time to call it quits to change and right now, that isn't the time. And I'm not trying to put this on a time calendar or a schedule as well. Right now, I just love what I'm doing so I look at what's next for me and I think what's next for me right now is to make Offerpal Media, to focus 100% on Offerpal and make it as big a success as possible. That's where my vision ends right now for that piece of it and of course, it does not end ever with my kids. It's all about, how can I do more things with them and how can I engage with them more, how can we do more things together, what's good for them and so on and so forth and how much I like to be with them and that never ends. I'm focused on that and then, when I do think beyond, after Offerpal reaches some kind of a successful conclusion for me personally, what do I do next? And I can't really think of what, if I'll do another start-up or not. I'm just not there yet. I do think that it would be fun to have, to do something completely different such as go to Washington, D.C. and serve in some capacity over there or my favorite of all times is to be a talk show host. Lucy: I love it. You can help us with these interviews. That would be awesome. Anu: I was thinking more television. Lucy: OK, all right. We may have to move it. Larry's been doing television lately and so there you go. Anu: Yeah. I see, that's, I've always thought that would be a lot of fun. I watch people like Charlie Rose and I think he has the best job in the world. He gets to engage with all these people and really get into the heart of things so that's what I think about it. Maybe some career in that talk show, host-type environment. Larry: We'll follow you. Lucy: We will. We'll be right there. We really do appreciate your time. These have just been very insightful answers and really appreciate it. I want to remind listeners where they can find the interviews. Larry: In w3w3.com. Lucy: W3w3.com. Larry: It's one place. Lucy: And also at the NCWIT Website, www.ncwit.org. So thank you very much. We really appreciated it. Anu: Thank you so much. Bye, bye. Lucy: Bye. Larry: Bye, bye. Series: Entrepreneurial HeroesInterviewee: Anu ShuklaInterview Summary: Anu Shukla and her co-founder Mitch Liu brainstormed the idea for Offerpal in response to a good cause: helping friends donate to a favorite cause by participating in offers. They built an application to connect clicks with causes, made it vailable to a variety of other applications, and watched as the idea took off. Release Date: February 7, 2009Interview Subject: Anu ShuklaInterviewer(s): Lucy Sanders, Larry NelsonDuration: 29:21
Audio File: Download MP3Transcript: An Interview with Shellye Archambeau CEO, MetricStream Date: September 5, 2008 NCWIT Interview with Shellye Archambeau BIO: As the CEO of MetricStream, Shellye Archambeau is responsible for running all facets of the business. Ms. Archambeau has a proven executive management track record and over 20 years of experience driving sales growth in the technology industry. Prior to joining MetricStream, Ms. Archambeau was Chief Marketing Officer and Executive Vice President of Sales for Loudcloud, Inc. [renamed Opsware], responsible for all global sales and marketing activities. At Loudcloud she led the transformation into an enterprise-focused company while growing sales 50 percent year over year. Previously, she served as Chief Marketing Officer of NorthPoint Communications, where she led the design and implementation of all sales and marketing strategies. Ms. Archambeau also served as president of Blockbuster, Inc.'s e-commerce division and was recognized by Internet World as one of the Top 25 "Click and Mortar" executives in the country in June of 2000. Ms. Archambeau spent the prior 15 years at IBM, holding several domestic and international executive positions. Ms. Archambeau is an author and sought-after speaker on the topics of compliance, marketing, and leadership. She has been featured or quoted in numerous business publications including BusinessWeek, InformationWeek and the San Jose Business Journal. She is co-author of Marketing That Works and she guest lectures at The Wharton School West and the Stanford Graduate School of Business. Ms. Archambeau currently serves on the board of directors for Arbitron, Inc.[NYSE: ARB] and The Forum for Women Entrepreneurs and Executives. She is also a member of the Trustees Council of Penn Women at the University of Pennsylvania and the Information Technology Senior Management Forum. She earned a B.S. degree at the University of Pennsylvania Wharton School of Business. Larry Nelson: This is Larry Nelson with w3w3.com. And we are fortunate to be right here in the headquarters of the National Center for Women in Information Technology. We are so excited about this particular series, because it is really targeting young people and trying to get them more interested in getting involved with IT and how exciting it is. But most of all, on the entrepreneurial side. So Lucy Sanders, who is the CEO and founder of NCWIT, as we call it, for all of our friends. Lucy... Lucy Sanders: Well thanks Larry. We are excited about this series, as well. With me is NCWIT Board Director, Lee Kennedy from Tricalyx. She is a serial entrepreneur. And we are speaking today with Shelley Archambeau, who is the CEO of MetricStream, which is an incredibly cool company. Very timely in today's regulatory and quality environment. Shelley, welcome. Shellye Archambeau: Thank you. Glad to be here. Lucy: Why don't you tell us a little bit about MetricStream? You do a lot. You have software, you have services, and you have training. Tell us a bit about what you do. Shellye: Absolutely. What we do is to provide solutions to companies to help them ensure they can comply effectively with rules, regulations, and mandates that are out there in the marketplace. So whether that is Sarbanes‑Oxley or that are FDA regulations or ISO 9000 processes, any time they basically need a solution to ensure that they comply with the regulations so they can reduce their corporate risk, as well as get the visibility to be able to manage that risk and apply appropriate resources as needed. That is where MetricStream comes in. So we have customers in the FDA space, everything from Subways, which I'm sure a lot of people have eaten at, to pharmaceutical companies like Pfizer. We also run a high technology space, with companies like Fairchild Semiconductor, Hitachi America, and etcetera. So, we work with companies of all sizes to help them comply by providing the full software services total solution. Lucy: Well, we are excited. I must make a plug about Pfizer. Pfizer is an investment partner for NCWIT. Larry: Oh, right. Shellye: All right. Lucy: They help us by funding our K‑12 Alliance. We love Pfizer. Shellye: Excellent. Well, we do too. Lucy: We can have a Pfizer love fest. Larry: There we go. Lucy: Yeah, I love them. One of the things that I noticed too, while I'm looking at your website, was that MetricStream just won an award, the Stevie Award. Shellye: Yes. Lucy: And that is, I think, is that focused on your portal that uses an innovative use of open source? Shellye: Yes, absolutely. We won first place for Compliance Online. Compliance Online is a web portal where we bring together all of the different information about compliance: rules, regulations, best practices, training, and etcetera. To make it easy for compliance professionals to find out and learn what's new, where the areas of focus, where the areas of risk, get updates on how companies are best handling the management of different issues and regulations, etcetera. And we're pleased that in just a very short time, and we just launched this basically the beginning of last year, we have become the number one compliance portal. Lucy: Wow. Shellye: We are leveraging a unique model, where we basically have experts from around the world that provide training to those that need it. And we create an environment in which professionals can come and ask each other questions, interact, etcetera. As well as do vertical search, meaning when they want to find information on FDA CFR part 11, they can do a search on that and just get that, versus getting something that may have the same part number, like a widget on a car if you do a broader search. So all of those things are actually bringing a significant value. And we were recognized, as you said, as a Stevie Award, which is basically an international business award. Larry: Fantastic. Shelleye: As the number one player in that particular category. Lucy: Well, I'm sure you use a lot of technology with that. And certainly you're Compliance Online Portal is one such. And by the way, congratulations. I read you got to go to a great gala to get the award. Lucy: I was hoping I could come carry your bags. Our first question for you really does, in fact, relate to technology and how you first got interested in technology and also, as you look out onto the horizon, which technologies you see as being very important in the future. Shellye: Certainly. So first, interest. It was really college. And now I'm going to date myself, because I went to school in the early '80s. That was around the time frame that Apple Computers and all those things were starting to come out, and really seeing just the changing horizon out there. So, I went to Wharton and focused on business marketing. But where I really put my focus was doing all that in the area of technology. I thought this was really how we could change the world. Again, you're 18, 19, 20 years old and you believe you could do all that, so I did. But I wanted to get into this space. It was hot. It was new. It really looked like there was a lot of leverage that could happen by getting involved. And it hasn't let me down. I've spent over 20 years now in the technology space, and it's just amazing how fast technology continues to change. Harnessing the power is just an exciting, exciting area to be in. Lucy: So Shelley, when you think about the series we're doing, it's all about different, fabulous entrepreneurs and what they've done. So we love to find out, why did you decide to be an entrepreneur? And what is it about it that really makes you tick? Shellye: You know, it's interesting because I actually started my career not as an entrepreneur, per se. I joined IBM. You can't get much bigger than that in terms of a conglomerate to join. [laughs] But I joined IBM with the objective of wanting to run a company, so I might as well try to run IBM. I spent a good number of years doing that, running different divisions and operations both domestic as well as overseas. But the piece that I was missing in all of that was that the higher I got in the company, the farther removed I felt from the market and what was really happening. You spend more focus trying to get things done within the company. With that, I said let me take what I've learned ‑ all the technology focus, I had lots of opportunities to go and fix divisions, build new divisions, get them growing, et cetera ‑ let me take that and apply that to smaller companies. Because now I want to have more of an impact, if you will, on a business. So becoming an entrepreneur to me was really taking a set of skills and trying to get out there and just have an impact. When you think about all that we're learning in our careers and all the skill sets that we're building, that's really what we're trying to do. Whether you're trying to do that against a company or against a technology or against a social issue, et cetera, we're all just trying to make an impact with what it is that we're doing. I don't think there's any better way to make an impact than to be an entrepreneur. You're bringing a new idea, a new concept, a new way to approach technology. All of those things you can do as an entrepreneur and really have an impact on the market space that you're targeting. Lucy: Along the way you have a fascinating career path coming through a large corporation like IBM and then starting your own company. Who influenced you along this path? Do you have role models or mentors that you remember? What kinds of influences shaped you? Shellye: It's interesting. I think one of the things that shaped me in the beginning is that I've always been a planner. I knew, as I said, that I wanted to run a business. I didn't have, really, a view of being an entrepreneur when I first came out of school. Going to Wharton, everything was pretty much focused on big companies, et cetera, and that's what I did. But as I started to progress and see what kind of changes people could make by being an entrepreneur, and then getting connected with people in this space. You talk about mentors. One of my mentors and advisers is Mark Leslie. Mark Leslie built Veritas, which was just acquired about a year and a half ago by Symantec. He took a company from start to four billion dollars in market cap. Seeing what can be done is just amazing. I'm a big believer in mentors and advisers in general. You didn't quite ask me this question, but let me just frame it a little bit. One of the tidbits that I like to offer people is that as you're moving forward in your career, try to adopt mentors. And I say adopt, meaning look for people who are doing things you want to do, or things you think you might be interested in, and just spend some time. Try to reach out, talk to them, ask them for advice, etcetera. There is so much to be learned. And it was really in doing that kind of thing that enabled me to develop a set of really strong relationships that helped me shape what I wanted to do with my career. I still reach out and grasp for mentors and advisors and ideas, because there is so much going on in the world. There is no way you can experience it all yourself. So the best way to try to get broader perspectives is try to leverage other people's experiences, which is really what mentoring is all about. Larry: I haven't had this type of corporate experience, like being with IBM. So, going from IBM to now being a real, full‑fledged entrepreneur, along the way I am sure there's been a bit of course correction and other challenges. If you were to pull something out, what would be the biggest challenge that you had to either try to overcome, or maybe you didn't overcome it, you just had to learn to live with it? Shellye: Gosh, probably the biggest challenge I'd almost put as two things, and I'll answer two ways. In the corporate world, it was all about rightsizing, downsizing, whatever word you want to use. It doesn't matter how many times you do it, that is just a hard thing to do. You are obviously trying to get the business models right, but you're also impacting individuals very specifically. So that is something that is hard to do. Have I done it? Absolutely. Can I do it? Yes. But that doesn't mean that that is something I enjoy. What we've tried to do, when taking that experience and coming to build MetricStream, is try to ensure that we're growing at the right pace and path with the business growth and momentum. So to try to avoid having to go through that kind of activity as you grow. On the entrepreneur side, as to what has been the toughest, it's really...Gosh, we've put two companies together. Part of MetricStream's growth, we actually merged with another company three years back. And that was probably one of the toughest things. Because now you're trying to a business that you've got, investors that you've got, match it and marry it with another company that has its own set of investors, their own original business plan. And make it work both from a financial standpoint, from a structural standpoint, as well as from a market standpoint. So, I would say merging MetricStream three years ago was probably one of the hardest things that I've done, because it touched on every aspect of running and operating a business. Lucy: So Shelley, you had some great advice earlier about role models and mentors. If you were sitting here today with a young person, what advice would you have to them about entrepreneurship? And what advice would you give them? Shellye: Well, first would be only do what you're really passionate about. I mean, this is hard work. Being an entrepreneur is not showing up at nine o'clock in the morning and leaving at five, and being able to put all of the stuff behind you. Being an entrepreneur is totally encompassing, because nothing happens unless you make it happen. If you work for a big company, if you don't show up for work, there is already an engine. There are people doing other pieces, people pitch in, things will still happen and still work. When you're an entrepreneur, if you don't show up, things don't happen. Because you don't have all of that infrastructure and things in place. So if you're going to work hard, make sure you are doing something that you are really passionate about. So that when you have the good times, which you will, you can celebrate and enjoy. But when you have the bad times and the struggles, you still want to persevere. And you do because you are really passionate about what it is that you are doing. As an entrepreneur, the ups can be almost euphoric. But the downs can have you second guessing everything that you are doing. It's important to do something that you love, so you can power through all those cycles that you go through. So that's number one. Do something that you are passionate about. Second would be, create an informal network of advisers. I touched on this, in terms of mentors and things. There are a million people out there who have done what you are getting ready to do. Maybe not in the same industry, maybe not with the exact same model, but in terms of creating a business, finding customers, creating a business model that works, getting investors and funding, etcetera. All those things have been done by others, so create a network of advisers to help support you in that overall process. And then lastly, test your ideas before you just launch into it. You know, make sure that there is a good niche that you're targeting. So testing ideas, either with others like these advisers I talked about or just with people on the streets, to see what kind of feedback you get about your concept and what you're doing. And then get launched into it. Do something that you're passionate about, number one. Two, make sure you create this informal network of advisers. And three, make sure you test your ideas before you jump into it. Lucy: That's all really great advice. I'm really resonating to the testing of the ideas, because it's only then that you test it with your advisers and they love you, they're going to give you the hard news. It's great.. Larry: Now we have to listen. Lucy: Well, you know, they're giving you all the input that you need. Shellye: You know it's true. And it's interesting, because a lot of people come up with great ideas for the product, whether that product is software or it is hardware, or it's a cool widget, whatever it might be. The hard part is, how do you get that product to market? Hundreds and thousands of new businesses and new ideas are created every day. The ones, however, that make it, are not always the ones that actually have the best product. This will be the ones that end up with the best business plan and marketing strategy to get it to market. So, and I'll put a little plug, I hope you don't mind, but I'll put a little plug in there for a minute because I actually co‑authored a book on Marketing That Works. That is all about how to use different techniques and capabilities and structure and discipline to make all that work. Really, that is where to spend the time to make sure that you can be successful. Lucy: Well Larry, I think just as a side note, that's another interview for you. Larry: There we go. Lucy: You need to go look at the book. Larry is an author, as well. Larry: We'll put that up on the blog. Lucy: Yeah. Shellye: Oh, Okay. Great. Lucy: You have great insight and advice. What other personal characteristics have given you an advantage as an entrepreneur? Shellye: You know it's interesting, in terms of reflecting on that. A couple things. One is, I'm a pretty good leader. And when I say a good leader, I think of leader as people who operate in a way that people want to follow them. Making sure you provide the vision, the strategy, the direction, and just stay two inches ahead of everybody. So that you are pushing out the boulders and blockades, etcetera, so that everyone else can be successful in what it is they are getting ready to do. I think leadership is an important characteristic, and one that has definitely helped me. The other is being a listener. And this one's a little different, because people don't always think about this. But it's really being a listener. To make sure that as you come out with your product or your set of solutions, that you don't fall so much in love with your product. When I say in love, it's very much like falling in love with a person. When you fall in love with someone initially, you are almost blinded to everything else. All you see is all of their positives, all their best traits, etcetera. You tend to diminish and not focus on maybe some of the negative traits, etcetera. Well it's easy to fall in love with your product. So that you're not really listening to what the market is telling you so that you can make that product better in what you are doing. So listening has been another key piece to all of this. I mentioned earlier that I'm a planner, and I think that has helped. I absolutely have been able to bring both to my own personal career. A game plan for what I want to do, so what do I need to be able to get there? And making sure I put those things into place. And frankly, once I've gotten here, the other thing that's an advantage is being a woman. There are so few female entrepreneurs running companies in different places, as a percentage. When people do meet you, they tend to remember you, which actually helps your company because they then can associate it with what it is that you do, etcetera. So I actually think that's an advantage. The last would be, I like to win. I like to set objectives. I like to work with teams to go make it happen and win. That's what this is all about. As you build a company, an organization, it is how do you make sure your product fits the market needs? It's making sure that you're building a team and leading it to be able to deliver on those overall needs. And putting a plan in place that will be successful and then making sure you win if you're getting out there and competing. Speaker: Wonderful. Lucy: That's great advice. So Shelley you've had such a wonderful career. You're running a company now. How do you bring balance to your personal and professional life? Shellye: That's interesting. I think about balance and I tell people I think balance is a misnomer. Balance to me means you spend equal energy, time, hours, whatever it is in one area as well as another area at all times, right? That's balance. I don't have balance. What I have is integration. So I think of this more work‑life integration. I've got a fabulous husband. We celebrate 23 years in August. Lucy: Wow. Shellye: And two kids, which, however knock on wood, are turning out really well. But I've been able to do that because number one I work in partnership with my husband so we view each other as a team in terms of how we execute. But number two I've been able to leverage. I'm going to use technology to actually make it all work. My son, as an example, my son played in a basketball championship when he was in high school, which was last year. And they actually made it to the States. When I was in home and in town I didn't miss a game. Now how did I do that? I did that because of the Blackberry and a cell phone. It doesn't mean I was in the stands... I couldn't focus every second on every game. There were times when I was actually plugging away on email, there were times I had to step out and take a call but you know what? I was there. Without technology I couldn't have been there all those times and making sure that things are happening the way they need to happen. So I think integrating the two in a way where you can physically be where you want to be and yet insure that things are getting done that need to get done really makes a difference. It's very hard I think to actually shut out and say, "Okay, from this time to this time I do X. And from this time to this time I do Y. And never the two shall meet." That doesn't work for me. It works for me to integrate the two and to be available. For part of my career I actually commuted. So for three years I left home Monday mornings and I came home Thursday night if I was lucky but usually it was Friday night. And my kids were at school at the time. So the deal I had with them was, "Listen, when you want to talk to me or reach out to me you just call me. Just call my cell." And folks that I worked with knew that when my cell phone rang if it was my kids I was going to answer it. Now it didn't mean I stayed on the phone. I'd answer it and say, "I'm doing this do you need me to step out or can I call you back?" And you know what? 95% of the time I could call them back. But that just knowing that they could reach me meant that I was still there, right? There was no difference if I was at work three miles away versus being three thousand miles away in terms of what was happening. And me taking those phone calls? That didn't impact my ability to execute on the overall job. So when I say integration if it's both kinds of things, figure out how you can make it work together so that you can be available in both sides of your life. Lucy: Well, and we asked this question. I won't say it's a trick question but we all agree with you. We are a fan of integration and blending. I personally think this word 'balance' does us a disservice. And one reason why we really wanted to ask the question is because we want young people to know that there are ways to blend these types of very aggressive and time consuming jobs with having a rewarding personal life. So... Shellye: That's right. Now listen, can I add a couple more things to that? Lucy: Absolutely. Shellye: Because what happens to a lot of young people especially is they put themselves in a trap. And when I say "they put themselves in a trap" meaning my biggest advice to people, which has helped my husband and I, is you need to get help. And I don't mean a psychiatrist. Shellye: When I say, "You need to get help" meaning those things that really aren't as important to you whether it's cutting the grass, whether its' cleaning your house whatever it happens to be for you and your husband, get somebody else to do that. So the people say to me, "Damn it, how can you afford all that?" Especially when you get started, and the whole bit. My answer is to plan it in. When my husband and I got married, I knew that I wanted to have kids right away and so did he. I'm right out of college just starting and the whole bit. Well, we bought a house that was a small, little house that was a fairly decent commute in terms of overall distance. But we did that because I spent more on childcare and help than we did on our mortgage. And we did that so that it would work and we wouldn't be pulling our hair out to be able to get it done. Now, that takes discipline. Everybody else you want to take and say, "OK, let me get the best and biggest house I can get for what I'm spending." We looked at it and said, "Oh no. I want to consider childcare and support and mortgage as one big hunk." Now, what can that be? And now we've got to divide it up between the two. But plan for it. What tends to happen is we come out of school, we work for awhile, we get married, we get the house, we get the cars. Next thing we know, our fixed expense is so high that we don't have the tangible or flexible dollars to be able to go get the help that we need to enable us to better balance. Because I will tell you, it is impossible to do it all without any help and still retain your sanity and your health and all those things. You've got to figure it out. Start financially with, "OK, what can I do". Then work from there. It makes a huge difference. Lucy: Well, I know you can't retain your rotator cuffs either if you try to do it all. That's great advice. One last question for you. You've achieved a lot in your career. I want to also tell listeners that, although you didn't mention it, we know from reading your bio that you also have a big heart. You're involved with a lot of non‑profits ‑ the Forum for Women Entrepreneurs and Executives, you're also involved at Penn. What's next for you? You've done so much and you have so much time ahead of you. What's next for you and your company? Shellye: Well, the immediate next is to build a great company and metric strength, and to indeed have an impact on the whole marketplace of how large and small companies comply with the rules and regulations and mandates. So first, next, is absolutely to build a great company. The follow on to that is that I want to continue to do things that have an impact. Whether it is an impact in business, in terms of driving and building and growing another company, or it's on the social entrepreneurial side in terms of looking at ways to have an impact and take some of the skills and capabilities that I've built to go do that. I'm not sure yet which that will be. What I can tell you is that if you flash forward five or ten years, I still absolutely expect to be out there and creating an impact in both the business world as well as in the non‑profit space. Because you're right, that is an important thing to me. I know that I have not achieved everything that I've achieved because of me, because of Shelley Archambeau. I've been able to do it as a result of a lot of good support, advice, and path paving that was done in front of me. And I want to make sure that I'm helping to do that for others.. Larry: Well Shelley, based on the experience and the lessons you learned going from IBM to trying to figure out how to apply these lessons you were learning at IBM to a smaller company, you've done a magnificent job. Of course, a couple of words that really pop out in my mind is being a good leader, a good planner, a good listener, and really liking to win. Shellye: Right. Lucy: Yeah, go! Larry: With a team. With a team, of course. Lucy: And she's an author. Larry: And she's an author. "Marketing That Works". Lucy: Yes. Larry: What a title. I like that. Lucy: We'd love to help you advertise your book. Shellye: Well thank you. I definitely appreciate the help. Larry: We'll do that for sure. This is Larry Nelson here at NCWIT. I'll tell you, this is another exciting interview. I don't know how you and the board line up all of these wonderful people, but I'm just happy to be a part of it. You'll be able to hear this and other interviews at ncwit.org, that's after the www of course. Lucy: Yes, of course. Larry: I just don't like to say it with ours. We have the podcast, and so.... Lucy: Yeah, too many w's. Larry: Yeah, www.w3w3.com. All right, thank you for joining us Shelley. Lucy: Thank you Shelley. Shellye: You're quite welcome. Thank you all. Lucy: We appreciate it. Shellye: Okay. Bye bye. Series: Entrepreneurial HeroesInterviewee: Shellye Archambeau Interview Summary: Shellye Archambeau offers three great pieces of advice for entrepreneurs: only do what you're passionate about, create an informal network of advisers, and test your ideas before you launch. Release Date: September 5, 2008Interview Subject: Shelley ArchambeauInterviewer(s): Lucy Sanders, Larry Nelson
Audio File: Download MP3Transcript: An Interview with Audrey MacLean Co-Founder & VP, Network Equipment Technologies; Co-founder & CEO, Adaptive Date: July 30, 2008 Audrey MacLean: Network Equipment Technologies Lucy Sanders: Hi. This is Lucy Sanders. I'm the CEO of the National Center for Women & Information Technology, or NCWIT, and this is one of a series of interviews that we're doing with IT entrepreneurs, people who have fabulous advice about starting companies. With me, I have Larry Nelson from w3w3.com. Hi, Larry. Larry Nelson: Hi. I'm happy to be here, of course. Lucy: Why don't you tell us a bit about w3w3. Larry: We're an Internet based all business radio show. Our focus is high tech, which is why we are here. Lucy: Well, wonderful. Also, Lee Kennedy, an NCWIT director and a serial entrepreneur and also co founder of Tricalyx. Hi, Lee. Lee Kennedy: Hi. Thanks for having me today. Lucy: Welcome. Today, we're really fortunate to have Audrey MacLean as our interviewee and I can't say enough about her by way of introduction. Audrey, you have such a reputation for helping entrepreneurs for mentoring them. I know you're going to have a lot of great advice for our listeners today. But, you have such a great track record. You're a founder of the Network Equipment Technologies and also Adaptive. And, you're an independent investor and also a consulting associate professor at Stanford University where you deal with ethic entrepreneurship. So, there's a lot to say and I think we just want to jump right into the interview. So, welcome. Audrey MacLean: Thank you. Happy to be here. Lucy: We like to start our interview series with a question about technology and really pick your brain about the up and coming technologies. And somebody, such as yourself, you work with a lot of entrepreneurs so you see a lot. I'm very curious to know what you think are the emerging technologies and how they're going to shape the landscape. Audrey: Well, as you mentioned, in terms of my own personal background, I cut my teeth in the industry in the networking field; in ET, Adaptive and a lot of other companies that I've participated in the growth of. So, as a network bigot, if you will, I continue to believe that some of the most exciting innovation we're going to see across, at least the next decade or two, has everything to do with the Internet and mobile technologies. Having said that, I think there's going to be a lot happening on the clean tech and the med tech front as well that is going to change lives. Lucy: Well, and I happen to be a network bigot myself. Lee: Yes, you are. Lucy: So, we really like that answer. Say a bit about clean tech if you will. What are you seeing there? Audrey: I see a broad spectrum of applications emerging, literally, every quarter over at Stanford. There's the obvious big things with the big entrenched utilities and the search for alternative sources of energy. But, there's all kinds of little opportunities as well that I think you would find just as amazing. We've had companies that are building LED lanterns for applications in India. I think that the clean tech front is one of the most exciting places that I'm seeing my students have interesting new innovations in. Lucy: Wow. Larry: That really is a hot topic here, excuse the expression. Lee: Oh, stop. Larry: OK. I'd better stop. Lee: Well, Colorado is really into some of these things as well. Lucy: So Audrey, it's clear from looking at your background that you've been an entrepreneur and worked with entrepreneurs for years. What is it about entrepreneurship that you love? Audrey: Everything. I assume you wanted a more complete response to that. First of all, I tell my students all the time, it is an extreme sport. I've been on the faculty of Stanford engineering school now since '94 and I've made sure that my students understand that it is not for everyone. It is one of the most demanding feats that anyone can undertake. So, it's to be - proceed with caution. Let's put it that way. But, in terms of what attracts me to entrepreneurship, and I have to say to begin with, that I'm sort of an accidental entrepreneur. I didn't set out thinking, "oh, I want to be an entrepreneur." In fact, people didn't talk about it much when I began. It's just that I had been working for 10 years at a company called Time Net in the packet switching field and came upon an opportunity that was so compelling that I had to quit my job and go do it. I think that's at the heart of what makes me tick as an entrepreneur. It's that you want to solve problems that need to be solved and when you do, you want to turn them into reality. It's that process that's exciting and it's that process that got me excited as an entrepreneur. And it's that same process that keeps me excited about working with a new generation of entrepreneurs to help them realize their dreams. The fact is that to be an entrepreneur, you have to be able to see things the way they could be versus the way they are and you have to believe that if you can see it, you can make it happen and then you have to inspire others to want to do it with you because it always takes a team. So for me, personally, I'm always in search of how things can be improved and I love the process of creating something out of nothing. And truthfully, I'm happiest when I'm collaborating with others to materialize real results and I never give up. So for me, entrepreneurship is a natural habitat. But, I'm not sure that that's true for everyone. Larry: You just mentioned the word "inspired." Along the way, who might be somebody that had a major impact in your direction, maybe had been a mentor to you, a special adviser? Audrey: Again, you have to consider the time frame in which my career began. I didn't really have a specific mentor. I was certainly influenced by lots of entrepreneurs early on in Silicon Valley particularly those that cared as passionately about the corporate culture they were creating as they did about the product innovations that they were bringing to market. There were - I don't know; Bob Noyce, Ken Oshman, Jimmy Treybig - people like that that were inspirations to me. But, my primary source of encouragement and support was my husband, Mike. Lucy: Well, and we know that spouses play a large role in the success of an entrepreneur for sure. Larry: That's a fact. Lucy: And that's a fact. And that's a fact. So, you mentioned building corporate culture which I found very interesting along with the products or the services and that being an important byproduct of entrepreneurship. Often, good corporate cultures will help you weather the bad times, weather the hard decisions. Maybe you could share with our listeners what the toughest thing you've ever had to do in your career was. Audrey: On an umbrella level, by far the toughest thing that I've had to do in my career is keep my family life and my role as an entrepreneurial CEO in balance. I obviously was totally committed and completely professionally driven. But, when I look back on my career and I look at N.E.T., and Adaptive, and Peace, and Pure, and all the companies we've built and all the jobs we've created and all the market value achieved, the truth for me is that when I look back at my life, those things are in the top ten. But, the top three are still my husband, our kids and our family. So, I think that the overall balance is the most important thing. In terms of specifics, career things, I think the merger of Adaptive into N.E.T. was a very challenging transition in that Adaptive had built a very exciting corporate culture where the entire team was very bonded and the extended families of the employees themselves were very connected to the company. We had done that consciously in many ways and it was to support employees in a start up who have to put forward such enormous efforts. We wanted their families to be participants. For example, we gave New Baby stock to anybody whose spouse or themselves gave birth to a child while we were growing the company. Things like that and obvious activities at the company brought families in and engaged them directly. So when we were ultimately merging Adaptive into N.E.T., there was going to be a huge cultural change as Adaptive that had 150 people and had won back to back product of the year awards and everybody was totally on the same page in terms of goals and directions and culture. Suddenly they had to merge into a much larger entity and make that transition. I think that was probably one of the more challenging points in my personal career. But again, I think that the way you get through those things is by being completely clear on the objectives and completely direct and open with your employees. And ultimately, I think that reality drives a situation like that and you simply help people navigate it. Interviewer: Well you mentioned corporate culture as a way to help employees bring balance to their lives. This is something we don't often hear from the people we interview. We hear, you know, many wonderful things around hobbies or personal things that they do. I'd like to just follow up about a few other things that Adaptive may have done in this area in addition to the New Baby stock because this is such an important issue and we just keep seeing the same corporate cultures over and over again. Audrey: You know, it's taken a lot of different forms in a lot of different companies. But, I think first off you have to celebrate successes. That could be bringing in a vat of ice cream on a software build or it could be a massive party to celebrate a first customer shift. But, you need to celebrate successes. But on a daily basis, you need to do things as well. So for example, one of the things we did at Adaptive was if you were there in the evening, you had two corporate accounts from local restaurants that you could call up and order dinner. In practice, what ended up happening was someone would start walking around and seeing who was still working and say, oh, you like the garlic eggplant, and you like this, and order up a pile of food. People would end up in conference rooms all over the company eating dinner together and talking about what they were working on. Not surprisingly, they would end up solving different problems. "Oh, I didn't realize you were doing that. We've already done this piece." So, this bonding and this nurturing where you're saying, hey, if you're still working and it's time to eat a meal, we're going to make sure you get it as opposed to having to leave and drive somewhere and spend your time and money doing it. So, those sorts of things if you look at companies like Google today, they've taken it to the next step where they've got a cafeteria where employees at any point can go down and get a nutritious meal at breakfast, or at lunch, or at dinner. The idea simply is that if your employees are working that hard, you want to make sure that they're being nourished, as well as nurtured. So, I jokingly say feed them. Literally, feed them. So, those sorts of things are important. But then, it's also the little practical ways in which it infiltrates the culture. I remember one time my C.F.O. at Adaptive came into my office with a look of worry on his face and said, "I've got a problem." And, I said, "what's that?" He said, "Well, you and I have that 3:00 meeting in 20 minutes and I just got a call from the nanny saying her car broke down and she can't go pick up Tyler, his son, at preschool." And I said, "who else is in the meeting?" And he said, "just you and me". I said, "OK, so it's not a problem. We'll get in the car. I'll drive. You go over the material with me. We'll pick up Tyler, bring him to the nanny, and we'll be back in time for our next meeting. And, he looked at me and said, "I never would have thought of that." It's that type of thing. It's giving people the permission to think about what needs to be done that will make their life support the incredible task you're trying to undertake with a startup company. Lucy: I love it. It's the practical advise. So many companies will feed their employees if they're working late, but it's those little things like picking up the kid from school because the nanny's car broke down. Larry: Yeah. Audrey: Exactly. Lucy: So, Audrey it's clear you've had all kinds of successes, and I'm sure there's some failures along the way, but everything from building companies, merging companies, culture. If you were sitting here with a young person, what tidbits would you pull from your background to just give them the pearls of wisdom? Audrey: Well, it's interesting that you refer to it as "pearls of wisdom," because I obviously have been on the teaching faculty now since 1994. So, I frequently get asked for advice, and I frequently respond by saying, "I don't necessarily want to dole out advice, but I'm happy to share some used wisdom." Lucy: That's great. Audrey: I think that one of the pieces of used wisdom, apart from what we talked about earlier which is, "This is an extreme sport, and it's not for everyone." But if it is for you, and you really are going to go for it, one of the important things to realize is you can't do it alone. You need to create a team. One of the most important decisions you'll make are who to trust. It's extremely important that you choose your partners and your advisors wisely. So, I think that that's probably one of the most valuable pieces of used wisdom or advice that I can leave people with, which is that you need to put the team together. You need to be sure that the label of integrity and commitment is there across the board, and then you need to strap on the ski boots and get your knees forward in these boots. Larry: You've already achieved a great deal. You have lots of interests from clean tech, to just a variety of different topics that you're involved with. What do you see on the horizon next for you? Audrey: As you know, I got off the court and onto the coaching bench over a decade ago now, but I can tell you there are more exciting things happening right now that I'm involved with then at any other point in my career. The number of young entrepreneurs that I'm working with right now, and the potential for innovation that will help change the way we will live on this planet is greater today, then it was certainly at the beginning of the last century. I have tremendous faith in the future that this new generation of entrepreneurs can create. I will do exactly what I have done, which is to continue to work in support of the realization of their dreams. I don't give up, so I expect to be doing this for a long time to come. Larry: Well, they say, "Persistence is omnipotent." Audrey: Well, certainly tenacity is a fundamental tenant of any entrepreneurial endeavor. Lucy: Well, it's very heartening to know that you're out there coaching these young entrepreneurs. I can't imagine a better coach, a better person to pass along their wisdom. It's really inspirational. I know that Kristin McDonald was just, "Oh! One of my advisors is Audrey." I'm sure that she's one of many, who really depend on your experiences. So, I know that they would all be sitting here saying, "Thank you, Audrey." Audrey: Well, like I said it takes a team, so I'm happy to be on their team. Lucy: Well, thanks so much for sitting down with us for a few minutes and talking about entrepreneurship. We really do appreciate it. We want to remind listeners where they can find these interviews. They can find them at w3w3.com, and also at NCWIT.org. So, thank you Audrey. We really appreciate it. Larry: Thank you very much. Lucy: I want to say that I have now learned a new phrase that "Entrepreneurism is an extreme sport." Woman 1: Don't you love it? It's so appropriate. Lucy: I love it. So, thank you for that too. Audrey: You're welcome, and thank you for keeping and spreading the word. Transcription by CastingWords Series: Entrepreneurial HeroesInterviewee: Audrey MacLeanInterview Summary: Audrey MacLean has a unique track record for entrepreneurial success as a founder, CEO, seed investor, and board member. Release Date: July 30, 2008Interview Subject: Audrey MacLeanInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 18:35
Audio File: Download MP3Transcript: An Interview with Jeanette Symons Founder and CEO, Industrious Kid Date: October 19, 2007 NCWIT Interview with Jeanette Symons BIO: Jeanette Symons was the founder, Chief Executive Officer of Industrious Kid, and mother of two. Prior to founding Industrious Kid, Ms. Symons co-founded Zhone Technologies, a telecommunications company that builds "last mile" access solutions, where she served as the company's Chief Technology Officer and Vice President, Engineering. Prior to Zhone, Ms. Symons was Chief Technical Officer and Executive Vice President of Ascend Communications, Inc, which Ms. Symons co-founded, from January 1989 until June 1999 when the company was purchased by Lucent Technologies. In addition, Ms. Symons was a software engineer at Hayes Microcomputer, a modem manufacturer, where she developed and managed its ISDN program. Ms. Symons holds a B.S. in Systems Engineering from the University of California at Los Angeles. We are deeply saddened by Jeanette's tragic death in a small plane crash on Friday, February 1, 2008. She was a true technology pioneer and we hope her life will continue to inspire others. Lee Kennedy: Hi, this is Lee Kennedy, a board member for the National Center for Women and 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 and all of whom have just great stories to tell us about being entrepreneurs. With me I have Larry Nelson from w3w3.com. Hi, Larry. Larry Nelson: Hi. Boy, it's really great to be here today. Lee: So tell us a little bit about w3w3.com. Larry: Well, we are a web‑based Internet radio show. We really started in '96 with full time in '98. This has been probably the most exciting series that we have had, so many neat entrepreneurs going through all different types of things. I have a feeling that Jeanette is going to have a great story today, too. Lee: Great. And we also have with us Lucy Sanders who is the CEO for NCWIT. Hi, Lucy. Lucy Sanders: Hello. How are you? Lee: Great. So, why don't we go ahead and just get right to it. Today we are interviewing Jeanette Symons. Jeanette is the Co‑founder and CEO of Industrious Kid. Hi, Jeanette. Jeanette Symons: Hi. Thanks for having me today. Lee: Sure. So, Jeanette, why don't you start off and tell us a little bit about Industrious Kid? Jeanette: Industrious Kid was actually started to develop web sites for kids. What happened was a couple of years ago my daughter, who is seven, actually came home and said, "Mom, I want to make a MySpace profile." Needless to say, I panicked and ended up setting up a server where they had my kids and the neighbors had their own social network in my closet, literally. We went from there to actually creating a social network for kids where they could have the same safety on the Internet that we actually provided in the closet at the time. Lucy: Wow. I'd say that's one special kid that gets to come home and tell mom what kind of company to start next. Jeanette: It's gone to their heads a little bit. Lucy: That's pretty special. Lee: And also imbee.com; that's your social networking site? Jeanette: That's correct. The social networking site itself is imbee.com, and Industrious Kid is the name of the company. Lee: OK. And I see imbee.com won a Web 2.0 award this year. Jeanette: Absolutely. It's exciting. We are really making these strides and have kids interact with each other and learn to use the Internet in a positive way. We are really enjoying it. This is a company that we started because we wanted to, because it was fun and it's really been exciting all the way along. Lee: Great. Lucy: Well, so now maybe you all think I'm a kid and sometimes I am a kid at heart, but I went over to imbee.com, started playing around, making a baseball card, doing the things that I wanted to do. As a technologist I had to wonder about the technology that you are employing on that site. It is very sophisticated. Jeanette: Well, thanks. It is interesting. I have been building the infrastructure for the Internet for over 20 years now and really hadn't done anything in the way of card sense since the very early days. It's fun. We actually built on open source. We built on Drupal which you can actually go to, download and have a social networking site up in a matter of days. From there we've just added more and more kid centered features to it. It's fun and it's very incremental and dynamic. Lucy: It is a lot of fun. On that note and getting to the first question around technology, as a technologist what technologies do you see on the horizon as being particularly important? Jeanette: I think the biggest thing that's driven us for at least for about 20 years if not longer and then I think will for at least the next 20 years if not longer ‑ it's all about communication. It's what's changing the most and what's driving the most. We talk about the simple evolutions of the telephone and the way we are using them, but what's so amazing to me when I watch is how differently the next generation communicates than we do, even electronically. As adults, we tend to communicate via electronic mail, via personal or group communications that are relatively structured. When I look at the next generation, they're not patient enough for email; they look at me like I'm crazy to waste my time sending them an email message they may not look at till tonight. They want a text message or an instant message. If they want to say something to a group of friends, that just post it on their profile. So the way in which we communicate is changing over time and changing generation to generation. And that's what's really neat. I don't know where it'll be another five or 10 years from now, but it is fun to watch. Lucy: That's really interesting when you think about it, because it's just a cross‑generational difference in the way people are communicating. Larry: That's right. One of the things that we're also curious about ‑ we have a number of young people that are listening to the shows, sometimes their parents tell them about it, because it's so interesting hearing how people like you, an entrepreneur, does what you do. But we kind of wanted to know: why did you become an entrepreneur, and what is it about entrepreneurship that makes you tick? Jeanette: Well, I think the why is because, a long time ago, when I was relatively young, I thought I could do it better. I didn't want to work for someone else. I thought I could do it better. My ideas were better. I could do something better. I think, after a lot of hard work and a lot of years as an entrepreneur, I realize that it's not that easy to do a better job. I really learned how hard it is to do better than average. But it's really fun trying. What do I really love, and why do I keep doing it ‑ this is my third company, and I doubt it's my last ‑ is because there's no greater feeling than creating something from nothing. And that's the products you create. It's watching the people grow. It's creating value within the company. You're really, as an entrepreneur, making something from nothing in so many different ways, and I think that's what makes it really exciting. Lucy: So, Jeanette, that kind of brings us to the next question. When you think about getting into technology and the career path you took, who influenced you, or who were your role models or mentors? Jeanette: I think I got started in technology, really, because I got offered a job writing software that paid $1,000 a month, which was more than I could get with anything else as a student. I had no idea how to do it. I didn't try to get into technology. It was just a lot of money for me at the time. Lucy: That's great. Jeanette: It wasn't a big plan. I always loved math. I always loved science. I had no idea about computers and technology at that point in time. So I really got into it then. And I think it's no different than the excitement of starting a company. As an engineer, it's that sense of creating. It's that sense that you made something that you can put your name on that you can be proud of. And it really is one project at a time ‑ one company, one project, one thing at a time ‑ where you really get to create something. And I think that's what really hooked me, once I got started. Lucy: Were there any role models or mentors along the way? Jeanette: I think one of the most frustrating things, for me, is that I kept looking for a role model and looking for a mentor and looking for someone, especially as I started to become more successful, and I really struggled with it. I was younger than many of the other people starting companies at the time. There were very few women involved in starting companies at the time and having had been successful at it. And I really spent a long time being really frustrated that there weren't people that I thought I could go and emulate. It took me, actually, quite a while to kind of accept that, "Hey, it doesn't matter. You're not going to copy anybody. Get on with life and do what's fun." But it took me a long time to accept that I had to do what I wanted to do and not worry about copying somebody or emulating somebody. Lucy: I think that's a great answer. And I want to also kind of link it back to something you said a minute ago around that it's often very hard to do something better, to have that great entrepreneurial idea and push it across the finish line, and along the way, there are challenges to overcome. And so we'd really like to know the toughest thing that you've ever done in your career, and why it was so hard. Jeanette: I think, unfortunately, that's the easiest answer...The hardest thing to ever do in building a company, in any way, is to lay people off. As with grown companies, even really successful companies, there's a time you've got to lay people off because of the business cycle or whatever. And no matter what the circumstances is, that, I think, is one of the hardest things to do. The second hardest thing: while I started three companies, one of them, I'd say, I walked away from before I was done. The company still was in a growing and struggling phase, and I felt it was time to move on and walk away from the company. And I think that was probably, emotionally, one of the hardest things I've ever done. Larry: I must say, that's probably one of the most common mistakes that many founding people do is they keep on long after they should have left. That's really a strength on your part. Jeanette: Well, thank you. It didn't feel like it at the time. Larry: I bet not. Lucy: That is a hard judgment, though. When is it time to leave? Larry: Mmhmm. It is. Jeanette: Exactly. And we always want to be the one. It's so tempting, especially when you start something, to feel like you need to be the one to finish it, that you need to almost be the hero that makes it successful. Accepting that you're not is just so tough. It's one of those very lonely decisions. Larry: I think you're wonderful. I'm proud you. Now, speaking of that type of thing, if you were, right now, sitting down with a young potential entrepreneur, what kind of advice would you give them about entrepreneurship? Jeanette: I think the real answer ‑ and it's easy to say, it's harder to do. And that is that you've really got to follow what you believe. You can learn from others. You can listen to others. You're going to get a lot of advice, a lot of suggestions, people telling you to do things, how you're doing them, telling you to do differently. But at the end of the day, you've got to do exactly what you believe in. And you won't succeed in creating something great and something that you're really proud of unless you stick to what you know are your core values. And there are so many people that want to push you in different directions, want to change the company, change the product, and change the financing. You've got to really stick with what you know and you believe. Lucy: That's really good advice. Larry: Yeah. Lucy: Sort of along that note, earlier in the interview, you said that you thought you could do things better and you liked creating and building things. So, when you think about getting through all the tough times, what personal characteristics do you think have given you the advantages as an entrepreneur? Jeanette: I think one of the most important things to really get to success is that you've got to have a willingness to fail. You've got to accept that, you know what? Everything you do isn't going to be perfect. You're going to make mistakes. You've got to be able to say, "Oops, I made a mistake" and move forward. You've got to be willing to let little things fail, big things fail, and all sorts of things, in the big picture, to get to success. If you're not willing to take the risk that you're willing to fall through on, you're not going to ever get the big win. So you've got to really be willing to kind of accept that this time might not be it, but there will be a time that will be. Lucy: And do you have examples that happened in your career when there was failure that happened and you guys learned a ton, maybe one of those moments; that was a big turning point in the company? Jeanette: Now, there's so many that it's hard to pick one out. But I think one of the things that we've done a couple of times is we've built the product, we've stood behind it, we've been proud of it, and then realized that, oops, it's not the way people want it. And being willing to do that, and then stop and say, "You know what? We're going to do the right thing going forward." We've lost investors in those decisions a couple of times. They used to say they've regretted it each time... Lucy: I love that. Larry: Yeah. Jeanette: I mean, I remember, 20 years ago, when we changed our company from being a digital telephony company to deciding to build infrastructure for this weird thing called the Internet, we fought tooth and nail. Nobody, none of our investors wanted to back it. They thought it was silly. How would this Internet thing work? There was so much more revenue if you stuck to traditional things. We lost supporters along the way. We're pleased to say those supporters are eating their words. The Internet grew. We had to take a big risk ‑ that now, of course, seems obvious, in hindsight, but at the time, didn't‑‑to say, "We're going to drop what we're doing. We'll see the growth. We're going to take a risk and build something new and different." Larry: Yeah. I'm sitting here kind of groaning because, internally, Pat and I, we had a terrestrial radio show, "Business Talk, " and I made, in 1996, the prediction that the Internet was a fad and would go away soon. So I wish I had known you. Jeanette: You were right. You just have to wait about another 100 years. You have to be patient, Larry. Larry: Yeah. Lucy: Your timing was wrong. Larry: Yeah, timing... Lee: You're still right. Lucy: Yeah, you're still right. Larry: Now, you're a mother of two. You fly in your own Lear jet, from time to time, to conferences and so on. And then, of course, the other thing is that, between your children, your family, and your growing business, how do you bring about kind of the balance to all of this? Jeanette: The answer to that is kids take care of it for me. Larry: Whoa! Jeanette: I was told before I had kids that I was not at all good at balance and I was workaholic that didn't do enough different things. I don't think that's true, but my friends all think it's true. It's just so great and so much fun to do things with my kids, that they keep me home on the weekends. They keep me doing things and being outside and being active. So for me, my kids are my solution, and it's just a lot of fun. Lucy: Well, we've got a nice little airport here by Boulder. You could come see us. Jeanette: I could. I do have that advantage. People go, "Oh, so you just love to fly." And I've got to say, I do. It's one of the most just relaxing things there are. But what it really is ‑ and people make fun of me - is if you go into my airplane, it looks a lot more like a minivan, stacked with stickers and snacks and books and activities and such in the back. The beauty of flying a plane is that it gives me and my family incredible freedom. So I can be in any city in the country in a meeting on Friday morning and home playing with my kids Friday night. Lucy: It's an important thing to balance. Larry: You got it. Wow. Jeanette: We got it. So everybody needs a plane. Lucy: I believe that you're our first pilot that we have interviewed. Well, you have started three companies. You've said that you doubt this one is your last. So, why don't you tell us what you see in the future? What's next for you? Give us some top‑secret stuff. Jeanette: Oh, gosh. You know what? I don't know. I will tell you that, for a very long time, I worried so much about, "OK, now that I'm successful, what am I supposed to do?" Almost like there has to be a road map: "Build successful company, go do blank." And I worried so much that I was doing the right thing next. It's amazing how stressful that became. There has to be an answer. Where do I find the answer? And I finally got it licked. I do what I enjoy. I love building the company I'm building. I love where I'm at today. I have no idea what's next. I have no idea whether we'll be building this company for another five years, another 10 years, another 20 years. I don't know what's next. But I know it'll be interesting, it'll be fun, and if not, then it won't last long and we'll move on. Lucy: That's a great answer. Larry: Yeah, I'll say. Hat's off to Imbee and Lear jets. Lucy: Well, thank you very much, Jeanette. We really appreciated talking to you. Lee: Thanks so much. Jeanette: Thank you. Larry: Thank you. This was great. And by the way, you listeners out there, make sure you pass this interview along, because they can listen to it 24/7, download it as a podcast, and what else could we ask? Lucy: Well, we should remind everybody what site to go to for the podcast. You can get them at w3w3.com or at ncwit.org. Larry: There you go. Thanks, Jeanette. Lucy: Thank you, Jeanette. Jeanette: Thank you. Series: Entrepreneurial HeroesInterviewee: Jeanette SymonsInterview Summary: NOTE: We are deeply saddened by Jeanette's tragic death in a small plane crash on Friday, February 1, 2008. She was a true technology pioneer and we hope her life will continue to inspire others. For Jeanette Symons, motherhood proved to be good for business. Her kids helped her come up with the idea for her award-winning social networking site, imbee.com. Release Date: October 19, 2007Interview Subject: Jeanette SymonsInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 17:16
Audio File: Download MP3Transcript: An Interview with Heidi Roizen Managing Director, Mobius Venture Capital Date: August 15, 2007 NCWIT Interview with Heidi Roizen BIO: Heidi Roizen has spent her entire life in the entrepreneurial ecosystem of Silicon Valley, first as an entrepreneur and ultimately as a venture capitalist helping other entrepreneurs build the great companies of tomorrow. She is currently a Managing Director of Mobius Venture Capital, a venture fund with over $2 billion under management. In that capacity, Heidi serves on the Boards of Directors of Reactrix, Ecast, Perpetual Entertainment and AuctionDrop. Heidi began her career in 1983 by co-founding T/Maker Company, a software publisher and developer for early personal computers including the IBM PC and the original Macintosh. As CEO, Heidi led the company for over a decade, raised two rounds of venture capital and ultimately consummated a successful acquisition of T/Maker by Deluxe Corporation. In 1996, she joined Apple Computer as VP of Worldwide Developer Relations. After one year at Apple, Heidi decided to return to her entrepreneurial roots, this time as a Mentor Capitalist and ultimately a Venture Capitalist. Heidi has also been actively involved in the trade associations critical to the Valley. She is a past president of the Software Publishers Association and served on its board from 1987 to 1994. She also represented the venture industry as a member of the Board of Directors of the National Venture Capital Association from 2003 to 2007. She also served on the board of Great Plains Software from 1997 until its acquisition by Microsoft in 2001, and is a past Public Governor of the Pacific Exchange. She is also a frequent guest lecturer at Stanford as well as a speaker at conferences for technologists, entrepreneurs, or women executives. Heidi holds a BA and an MBA from Stanford University. She is married to orthopedic surgeon David Mohler and has two daughters. Lee Kennedy: Hi. This is Lee Kennedy, board member of the National Center for Women and Information Technology, or NCWIT. And this is part of a series of interviews that we're having with fabulous entrepreneurs, women who have started IT companies in a variety of sectors, all of whom had insightful stories to tell us about being entrepreneurs. With me, I have Larry Nelson, from w3w3.com. Hi, Larry. How are you doing? Larry Nelson: Oh, great. It's wonderful to be here again. And one of the things that is so exciting for us at w3w3.com is that we are helping support, I think, the most fabulous program that we've experienced since we got in the radio business in '98, and the idea that we're helping inspire young women, girls, getting into IT, looking into that, as well as being an entrepreneur. But now, we're also getting phone calls from business leaders, people in schools, who say, "This is such a great program. We'd like to help promote it, too." Lee: Well, that's wonderful. Larry: One of the interesting things that we have here that's a little bit of a twist is that we're interviewing an entrepreneur who became a venture capitalist, and also, of course, then, therefore works and helps support entrepreneurs. And we're very pleased that we're interviewing Heidi Roizen, who is a managing director of Mobius Venture Capital. And we've got a little bit of a twist here. Lee and I are here in Colorado, and Lucy Sanders, the CEO and founder of NCWIT, is in California, at Heidi's home base. So, Lucy, let's get started. Lucy Sanders: All right. Hi, everyone. I'm sitting here with Heidi in her beautiful home in Atherton. I've been here a few times, and I just think it's so much fun to be here and interview you here in your office. Heidi Roizen: Well, thank you. I hope the dogs don't participate. Lucy: Or they might. They might have something profound to say. Heidi: They often do. Lucy: One of the things that makes it so exciting to interview you is that when I think, about Silicon Valley, I think, about you. And I think that you're synonymous with Silicon Valley. You've done a lot, as Larry mentioned. You've started companies. You're in venture capital. You were educated here at Stanford. You're a part of the community... Heidi: I was actually born at the Stanford Hospital, which I think, I'm probably the only one in Silicon Valley... Lucy: And why don't you spend a minute or two bringing us up to speed about what you've been doing lately? Heidi: Well, I am currently serving on four boards. They keep me very busy. They are all companies that are definitely not in their "two guys and a dog and a laptop" stage any longer, but they're all still companies that aren't through to the end of the road yet. So, lots of interesting challenges in terms of recruiting, customer acquisition, strategic business development, and all the normal things one goes through in startup land. So, I'm working on those companies, and then I'm working on a few entrepreneurial ventures on the side, helping out some friends. I always love having my fingers in the very, very early stages, and so I like having a few of those to work on as well. Lucy: Well, and I happen to know you're very generous with your time for nonprofits and for Stanford students. Heidi: Yeah. Lucy: The last time I was here, we had a great dinner, where you brought them back to your home. And I think, you're going to have some great advice for us, so why don't we just get right to the interview? Heidi: OK. Lee: Well, Heidi, I'll jump in and ask our first question, and that's: how did you first get into technology? Was it when you were a child or in college? And then, what technologies do you think are really cool today? Heidi: OK. Well, the first question is one that I think, if you're born and raised in Silicon Valley, at this time ‑ born in 1958, graduated from Stanford, undergrad in 1980 ‑ you couldn't help but apply for a job and end up at a tech company. So, even though I was not a technologist ‑ in fact, my undergraduate degree is in creative writing ‑ I ended up as the editor of the company newsletter for a little startup called Tandem Computers. Lee: Wow. Heidi: And that's really where I got my first inkling that there was something really exciting about the computer industry. What I realized, at that time, was I kind of looked around, and everybody getting ahead either had an engineering degree or an MBA. And it was a little late for me to go get an engineering degree, I thought, but I figured the MBA thing looked like a pretty good idea. So, I went back to Stanford and got that, and really fell in love with personal computing at the time. It's hard for people... I mean, I sound like such an old geezer when I say this. But, I was the class of 1983, and there were only three people ‑ I was one of them ‑ who owned their own personal computer at school. And now, can you imagine being a graduate student and not having a personal computer? You'd be hopeless. So, started my company right out of school and just never looked back. I had the good fortune to have a brilliant programmer as a brother, who really didn't like the business side, and I loved the business side. And the thing I like to tell people, often, who are non‑technologists, who wonder about being in the technology field, I tell them, "You know, need a mix of people." I don't have to know how to build a car to drive one. And in fact, I'd say, particularly in my early times working with my brother, who was the genius programmer, sometimes he'd build features that were so genius that only he could use them, and they weren't very practical. So, I think, sometimes it's good to be the petunia in the onion patch, as I used to call it in the development hall. Lucy: Tell us a little bit about the technology that you're thinking about as being the next wave of technical, cool gadgets. Heidi: I think, gadgets is always a slippery slope, because there are gadgets that I just love. I mean, we're investors in Sidekick and Sling, so we definitely have some gadgets companies out there. If any of you have seen a Reatrix system in the malls and in the theaters, and the Reactive television systems, or an Ecast jukebox ‑ we've got tons of portfolio companies I can tell you about that all have exciting gadgets and technologies. To me, where I'm focused right now is I've been thinking a lot about the demographic that is me ‑ the woman who still wants to look good and feel good, who has more free time, who has more money, who, however, still has family obligations, has a career. We're hitting 50, and when our parents hit 50, we thought they were pretty much close to death... Heidi: Now, we are shocked to find that we are 50. And I think, what's interesting is that the Silicon Valley ‑ and it's a little bit like Hollywood ‑ get so focused on youth and the youth culture and the spending money that youths have and advertising to youths. And while I've got nothing against young people, I think that the people my age and women my age have been an underserved demographic, when it comes to utilizing the web as a medium for exchange, as a community, as an outlet for all sorts of things and a place to go learn about things. And I'm seeing more and more activities around that, and I can't tell you how many times... this is probably hitting all of my same‑age brethren entrepreneurs, but we're all sort of getting up and saying, "I don't really want to start the next teen cell phone. I really want to start something that my friends and I could use." And so I'm seeing a lot of really interesting companies come about, a lot that combine community with some of the really innovative things that can be done online. Lucy: Give it some time. Heidi: Yeah. Lucy: Give it some time. Larry: Yeah, you bet. I'm not that old yet. But, anyhow... Lee: That's right, Larry. Larry: They're laughing... Heidi: Somebody once asked me to predict the future of venture investing, and I said, "Just about the time we finally invest in the ultimate weight‑loss pill and the instant‑tan pill, culture will change so that it's not cool to be thin and it's not cool to be tan, and we'll lose again." Larry: Oh, boy. My personal friend, Mark Twain, said, "Youth is wasted on the young." Heidi: That's right. Larry: Anyhow. I can't help but ask this, Heidi. Many people don't look at venture capitalists as entrepreneurs, but anybody who is a managing director, believe me, they are entrepreneur. But, of course, Heidi has the background and experience of being an entrepreneur. She's now continuing to support and work with entrepreneurs. What is it about you that makes this all happen? And what makes it tick, in terms of an entrepreneur? Heidi: Well, there are so many answers. And I've had the pleasure to listen to many of your wonderful speakers on this series before myself, and I think, a lot of things have been mentioned about tenacity and creativity and mission and a passion about what you're doing. There are so many things that I can think of. And of course, if you look me up on LinkedIn, I refer to myself as a "recovering entrepreneur," which is a little bit of an inside joke at Mobius. We're recovering entrepreneurs. Heidi: I think, what I had to learn, going from being an entrepreneur to being a venture capitalist, is it's like being the quarterback and then being the coach. When you're a venture capitalist, you do work behind the scene, you do help a lot. But, they're sort of not your losses, and they're not your victories. And if you're doing your job right, the entrepreneur is on the cover of "Time" magazine, not you. When you're an entrepreneur, the buck stops here. It's funny. I just went on a walk with a fellow entrepreneur of mine, and he was talking about a friend who used to be a vice president of a big company and is now the CEO of a small company, and one of the things he was saying to her is, "Now you understand how the buck really stops here." Heidi: And I think, for me, what really defines an entrepreneur is something that somebody said to me once. When I was running T/Maker, we had this product line called ClickArt, which is still around today, and it's basically electronic clip art. But, you have to remember, when we did that product in 1984, there were no scanners; there was no PostScript; there was no anything. We were literally sitting artists down, at 128K max. We didn't even have a stylus. They were drawing with the mouse in 72 DPI to create electronic clip art. I mean, that's as basic as it was. And when we shipped that product, I remember staying at a trade show, and I can't remember how many people came up to me and said, "Wow! You know, I thought of that, too." Right? And in the back of my mind, I thought, "Yeah, you thought of it. But, we did it." Heidi: And I think, for most of these things, it's that "one percent inspiration, 99 percent perspiration." There are so many ideas that just die on the vine because a person doesn't go out and try to actually do them. They think they're a cool idea, but other things get in the way and they don't really work hard at it. And not only do they not work hard at the creative process, but the process I'll loosely call is the destructive process. With entrepreneurs, one of the things I respect the most is, when you come up with an idea, that instead of working on it for the first five days about how you're going to accomplish it, you spend five days trying to prove that it's already been done or it's not doable ‑ not because you're being pessimistic, but before you engage in the creative process, sometimes you have to go and say, "What else is already out there?" And one of my pet peeves as a venture capitalist is when somebody comes and pitches me an idea, and I say, "Have you ever heard about blahblah.com?" And they go, "What's that?" And I get on and I show them, and it's the exact company they were talking about building, but it already exists. My feeling is, today, particularly with Google and other search engines and the Internet, you can find a lot of this stuff out there, and you need to go out and look. But, I do think, ultimately, a long and winding answer, but the short answer is it's like Nike, man. It's "just do it." If you just do it, that's the only way to be an entrepreneur. If you're not willing to just do it, you're never going to be an entrepreneur. Lee: That is such great advice, Heidi, because so many people, even when they just go out and do it, it's not that first idea that they even end up doing sometimes. It's just having the guts to get out there and start the business and get in that industry and figure out what it is. Heidi: That's right. And ask a lot of questions and meet a lot of people and kiss a lot of frogs. Larry: Yeah. Heidi: It's always easy, in retrospect, to say, "Why did I take that meeting with that person?" But you don't know because, just as likely, you could take a meeting with another person. And I just had something happen this weekend, where I was helping someone on a music project. And we were talking to someone who was totally unrelated, and they just said, "Oh, what are you up to?" Totally unrelated to the music industry. And we told him what we were doing, and he said, "Hey, I'm good friends with..." And I won't name the names because it's all proprietary, but let's just say one of the most Grammy‑winning artists in the world. And he said, "I'll give him a call tomorrow and see if he's interested in helping you with this." So, it's like one of those random, like that's not what we were even there to talk about. But, that's how the conversation ended up going, and it could take us in a really exciting direction. You just never know when that kind of serendipitous stuff is going to occur. Lucy: Your remark about 1984, when you were doing T/Maker and you had to have the ClickArt, I just have to go back to that for a moment and say, in 1984, we were trying to draw things in P‑Roth inside... Lucy: That's not revolutionary. Heidi: Yeah, yeah. I remember the first time I showed my husband QuickTime, whenever it came out ‑ 1989, whatever. And I'd bring home my file, because we were under nondisclosure with Apple. And I'd show him this postage‑sized, grainy thing, and he goes, "Wow. I am really underwhelmed." Heidi: For me, as a computer geek, it was so exciting to see television on a computer. And for him, he was like, "Uh, honey? Have you looked at our TV set? It's like a lot better than this." Lucy: Because I know you, I think that one of the things that makes you a great entrepreneur is, in fact, you see potential, and you're willing to take the risk to develop the potential. Heidi: Yeah. It does make one quite dangerous. It's that joke about the person who buys houses because they see the good in every house. And I tend to be a person who sees the upside in things. Which I think, again, in order to be an entrepreneur, you have to be an optimist. You have to believe things are going to work out your way. But, you have to be realistic. And that's where I, again, for lack of a better word, call it the destructive process ‑ testing your idea, going out and thinking about the boundary cases: "What's the worse that could happen here? What's the worse that could happen here? How am I going to prepare for it?" And also going out and really combing the markets to make sure that what you're doing is unique, or, if not unique, that you're going to be the best somehow. Lucy: Well, along the way ‑ you've been here in Silicon Valley. You were born here. Heidi: Yeah. Lucy: And you've got a great network. And we are really curious to also understand who helped you the most. Who would you look to as being your mentor? Heidi: I was very fortunate to be born into a family where entrepreneurship was not a bad thing. I think, it's one of the things that makes California such a great place and will play a continuing role in the world economy is because we are just a culture, for 150‑plus years, of people striking out and doing something on their own, and failure not meaning social failure. You can be a business failure and still hold your head up and go to your kids' school and not be embarrassed about it. Lucy: "I failed today." Heidi: "I failed today." It's part of the process. I think that, for me, my father was a great role model for me because he was an entrepreneur. He was always thinking. He would say things to me like, "Today is the best day of my life because I have every day before today that I can draw on what I learned to apply to today." So, he was just that kind of person. And he wasn't like Mr. Rogers. I mean, he was just a great role model about how one could look for the opportunity in everything. And he was a very poor immigrant. I think, he graduated from high school. I'm not really sure. His dad died when he was 12, and he had to make money for the family to make ends meet. I mean, he had one of those really hard upbringings that made him very grateful and thankful, and very creative and resourceful. And he treated me like one of the boys. He never said to me, "Oh, you're a girl. You shouldn't do this," or "You can't go to graduate school," or "You can't do anything." In fact, if I said I couldn't do something because of being a woman, he would scoff at me. And my brothers joke that I'm the most like him... Heidi: So, he actually made me in his image, not my brothers. But, I was very lucky about that. I was very lucky, also, just to be in the computer industry in the late '70s and early '80s, because I really did get to grow up with the people who are the leaders in the industry. And so somebody said to me, "Wow! How did you get to be friends with Bill Gates?" And it's like, "Well, started 25 years ago." [laughs] Heidi: He was easier to get to then. But, it's things like that, that I think, I just had the great fortune to have a front‑row seat and be a participant in an industry that I really believe has changed the world. So, it gave me a lot of opportunities to learn from other people and have mentors and role models. Lee: So, Heidi, when you think about all you've done in your career ‑ building your own companies, being an investor ‑ what has been the toughest thing you've had to do in your career? Heidi: You know, you face so many tough challenges when you are the CEO and "the buck stops here." Someone once said to me, "Gosh, you're so lucky. You're the CEO. You have so much freedom." And I laughed, and I said, "You don't understand that when you're the CEO, you have the least freedom, because you can't just quit." I raised that money. I hired every one of these people. I gave those venture capitalists my commitment that I was going to bring it home for them. I'm not just going to walk out the door. I remember walking into my company every day. We had about 100 employees. And I would count the cars in the parking lot, and I would think about the car payments and the mortgage payments... Heidi: Everything that was dependent on this company. And so I would say, still, to this day, that the hardest thing you have to do is lay people off. I mean, the hardest thing you have to do is downsize your firm. It's not as hard to fire someone. This is an interesting thing. I would much rather terminate somebody for cause than lay people off because we can't afford it. When you terminate someone for cause ‑ and "for cause" is a real legal term. I don't want to use the legal definition of that. But, what I really mean is, when somebody's not a good fit for the job they're in, I find that it's really in their best interest to tell them and get them to move on to something else. And while that is sometimes hard, I think, it's the right thing to do, and I think, it's the right thing to do for the person. And I've often found that you check in with them a couple years later, they're better off where they are, even though this can be very difficult. I do think, going through the dot‑com bust and having to lay people off, knowing that there wasn't going to be another job they could just waltz into, was a really, really hard thing to do. To me, those were the hardest things I ever had to do. In fact, my T/Maker employees still joke about this time where we had our first loss ever and we had to lay off some people, and it was Christmas. I was about four‑months pregnant. I said to my husband, "I've got to do it myself. I hired all these people. I'm going to do it myself. I'm going to give each one of them the news." So I'm in my office, and they're coming in, or I'm going to their offices. And I'm pregnant, and so the hormones coursing through my veins. So, I am sobbing through these terminations, and they are comforting me. Heidi: They feel sorry for me. But, I have to lay them off. Sobbing, sobbing, sobbing. And I say to my husband, "This is the worst business day of my life, where I'm terminating some people who've been with me five, six years, and I just feel terrible. And it's Christmas, and I had to tell them, 'No bonuses for you guys, and you're getting laid off.'" I said, "Please go to Blockbuster and rent a funny movie so that when I get home, I can take my mind off of it." So, I come home, and what had he rented, but Chevy Chase's "Christmas Vacation." Heidi: And I don't know if you guys have seen this, but of course, the whole story is about a guy who believes he's getting a Christmas bonus and builds a swimming pool or something, and then he doesn't get the bonus, and he ends up kidnapping his boss. Heidi: It was just one of those moments: I just didn't know whether to laugh. I'll never forget that moment. I still cry when I see that show. It was on TV last Christmas, and I'm like crying through it. My kids are looking at me. They're like, "Mom, it's a comedy." Not for me. Lucy: Not for me. In fact, my answer to this question is the same. I think that laying people off is clearly one of the hardest things that I've ever had to do. Heidi: Absolutely. Lucy: We've heard a lot of great advice so far in this interview from you about entrepreneurship, and the Nike "just do it," and who cares if you've thought about it? Just get it done. Heidi: Yeah. Lucy: And other types of advice around doing your homework and seeing the potential. If you were sitting right here with a young person and you were giving them advice about entrepreneurship, what else would you tell them? And one of the things that comes to mind is a conversation we had sometime about networking. Heidi: Yeah. Lucy: And I thought you had some of the best advice about networking that I've ever heard. Heidi: Well, I have a ton of advice about networking. I'm a little typecast as a networking speaker because Harvard did a case on me a number of years ago that really is about my philosophy of networking. And when they approached me to do the case, I said, "Why would anyone want a case on this? It's all just common sense." It's kind of like that book: "Everything I needed to know about networking, I learned in the second grade." But, it's just commonsense and practical and courtesy. And so, they did do this case, and I do speak on the case a lot. And my fundamental belief is that it's very rare that anything happens as a singular effort. Yeah, you can go climb ‑ well, even climbing Mount Everest, it's a team, right? And entrepreneurship is a team sport with very many lonely moments. So, you have to be the one. I'm working on this project with someone. I got up at four o'clock in the morning a couple of days ago because I thought of something, and I knew if I waited till morning, it wasn't going to be the same. So, I had to get up and come down here and sit at the computer for an hour and write up my thoughts while they were fresh. I think, there are a lot of times when you're just singularly approaching something, but I think, you have to know how to ask for help, and how to give help. Students say this to me all the time, they say, "Well, I don't have anything to give." You always have something to give, everyone has something to give. Good lord, you can come and talk to me and baby‑sit my children while you're talking me. I had one guy who traded me, I would talk to him about his business and he was a personal trainer, so he would train me while I was talking to him about his business. Heidi: And I think that one of the errors that people make in networking is they try to hard to gather business cards, and they don't think about "What is my connection with this other person, and what do I have to give them? What in return am I going to ask them for?" Again, I will bring it back to this other comment, a lot of times you don't know how the other person is going to help you, and you're not quite sure always how you're going to help them. Sometimes, it's quite surprising, but if you put yourself open to that, and you use some of the modern tools ‑ like I've become a real LinkedIn convert, because I love being able to get on LinkedIn and see who my friends know that I might want to talk to about industries completely foreign to me and vice versa. If somebody has a good friend from college who now wants to do something in the out of home advertising market and sees I'm on the board of Aventure and would like to talk to me. I don't mind doing that stuff because I sort of feel like there's this great, you know, we all help each other in this community and I'm a little bit of a believer in that kind of pay it forward. It's interesting right now because in Aventure I'm working closely on, I have to reach out and ask for a lot of favors, and I've been very aware that for a lot of my current roles in life I'm the one that asks for the favors than asked. Now that I'm doing the asking it's interesting, I'm uncomfortable. I'd much rather do a favor for someone else than ask somebody for a favor. It's my nature, and it's the nature of many people. But, I think that you have to get good at understanding "What am I asking for? Is it appropriate for me to ask it? Is the person capable of delivering it? Is it an appropriate amount of time for them to send and do something for me? And what could I possibly do for them?" I always try to make sure that people know I'm quite open to doing something for you in exchange, and by the way, no is a perfectly good answer, too. If I ask you a favor and the answer is no, just tell me no. I'm very comfortable with that. Lucy: That's great advice because so many people they really are either afraid to network, or don't know how to network, and that just makes it really clear. Heidi: Networking is also very awkward; somebody from Stanford called me up once and said, "Can I network with you?" What is that is that like my pen pal or something? Lucy: Just network. Heidi: Let's say you want to meet someone, and I guess, with the powers of Google and the Internet and all that, you might want to meet some important person. If you have no context, it's going to be a very fruitless conversation. But, every one of them, their kids go to school, they are on a charitable board, they may enjoy a certain kind of athletic activity. I'm not saying become a stalker, but generally, for example, if you want to get to know a person and they happen to be on the board of a charitable organization go find out what the annual fundraiser is on that charitable organization and volunteer to work at it. Chances are you're going to be able to meet that person over time if you get involved in something like that. And, by the way, you're doing something good too. That's again, one of the powers of Silicon Valley ‑ both good and bad ‑ you've got to be careful, you've got to find out if other moms and dads on the soccer sidelines have MBAs because everybody's kind of in this business. Heidi: It is interesting that you have so many different places where you meet and run into people, and so many people I do business with are friends of mine in other context. Lucy: So Heidi, you had talked earlier in the interview about different characteristics that you thought were really important to help entrepreneurs grow and build companies, but when you think about yourself, what are some of your personal characteristics that you have that have helped you to be successful as an entrepreneur? Heidi: Certainly tenacity. I mean, I'm very tenacious about... you put me on something I'm on a mission and I'm not going to let it go. I like to learn new things, so I like to push myself and try to learn something new. I think, when you're constantly learning it helps you get a better job, [laughs] and in so many areas. I'm definitely a people person, I love talking with people, I love meeting people. I'm very comfortable asking people for their opinions and I think, I'm a pretty good listener. So, I think that that also helps me be an entrepreneur, because you learn from other people, you gather opinions, you mold what you're doing. Frankly, it helps you in terms of going back to asking for favors, giving favors, recruiting people. People generally want to work with people they like and people they respect, which is another thing. My belief is that I'm going to be in this world for, I hope, a pretty long time. One thing I've learned being almost 50 and being in the Valley all this time is that you run into the same people over and over and over again. So, don't burn a bridge unless you've decided that's the best course of action. I like to sleep at night. I don't like to do bad deals, and I don't like to squeeze the last nickel out of somebody just because I have the upper hand. I like to live that way. While there's always different opinions about anything you do, I try to test everything. Does this match my ethics? Can I sleep at night? If my husband or my kids knew I did this, would they think less of me as a person? I like to live that way. I think, an entrepreneurship is not a zero sum game. Your gain doesn't have to come out of somebody else's loss. Larry: Boy, I'll say. You know, Heidi, one thing I've learned to do is that I'm going to call you "Coach" from now on. I just want to clarify one little thing. You said something earlier about kissing the frogs, or was it kissing your dogs? Heidi: Yeah, kissing frogs. Although frogs wish it was kissing dogs. Larry: Yeah. And you also just mentioned that you should ask for help. Do you want to introduce me to Bill Gates? Heidi: No. Larry: No. OK. Heidi: That's a good one you bring up, because it is one of those, how do you manage a relationship towards a person who's very important or famous? One thing I had to decide early on is, I just set certain rules. And I've gotten very comfortable saying "No" to people. So, people will say to me, "Can you introduce me to Bill Gates?" And the answer is, "No, I can't," because if I did that for everybody, they would.... And the hardest part is people thinking, "I have the best charity in the world. I have something that would be so interesting to the Foundation. Please help me get to the right person. Can you please send this to Bill and Melinda?" And I say no. One of the things that gives me comfort in saying no is that I say, "Look my own husband runs a charitable organization called Refugee Relief that does medical assistance in countries under conflict. He'd be a perfect candidate, and he hasn't even asked Bill and Melinda for money." One of the things I try to do is live by my own rules. The other thing I try to do is, for example, when I sold a company from my portfolio to Microsoft I didn't even talk to Bill about it. I'm not going to mention, "Hey, I'm selling one of my portfolio companies" to him. It's not relevant. I really try to respect that, particularly people who are in positions like Bill where everyone's approaching you all of the time, you need to be respectful of the pressures on that person's time. I think, that's one of the reasons why Bill and Melinda and I have a good and long‑standing relationship. They know that I respect that there needs to be boundaries there, because they don't have the luxury of living normal lives. Larry: Yeah, that's fact. By the way, of course, you know I was just saying that to.... Heidi: Oh, I know. Larry: However, last week we interviewed Brad Feld and he did say, "Hi to Heidi." Heidi: Oh, that's so sweet. I adore Brad. Larry: All right. Let me ask you this question. In your approach to your professional life, you do so many things. How do you bring about balance? Heidi: That's an excellent question. If you'd like I can bring my 12 and 14 year olds in here right now to continue the counterpoint to that. Larry: oh. Heidi: I do try to set limits. In my house, although we have wireless access, I'm not the person who walks around with my laptop and uses it everywhere. We certainly have a "no laptop in the bedroom" rule. I don't tend to watch TV and do email at the same time. I have a home office that I come in to do my work and then I try to leave it. I also try to have a commitment with my kids. If I say, "I'm going to stop working at seven," then I'm going to stop working at seven. I mix business and pleasure a lot. I have a lot of social engagements with people. I have a lot of people over for dinner. I try to engage my kids in some of that, because luckily at their ages they find some of that very interesting. In one of the projects I'm working on right now, I ask them for advice a lot. I've been able to pick their brains a lot about it. And they've been really great. I tell them, you know, if I'm having a bad day, you know I had a bad day about a legal contract I was working on. And because it didn't get done I missed a window of production for something. And I said to them, they said you know, "Why are you in such a bad mood?" And instead of saying something like, "Well, I had a bad day at work." I said, "Well, let me explain to you. This company needs a piece of paperwork before we can contract this production facility. We didn't get the piece of paperwork. Now because this production facility can only do things in, you know, they have another client the next three weeks that pushed me out a month. So, here's a one day delay on a contract that's going to cost me a three week delay on the production. And that's why I'm so mad about this today." And so that what is the thing? A teachable moment right? You know, I try to bring them in to the things that I'm doing. But, it is important sometimes to just close the door and say, "I'm sorry I'm not going to do this." I try very hard not to schedule meetings on the weekends. I try very hard not to schedule meetings at night. I try to really limit my travel because it is very disruptive to my family when I travel. And so, I try to make accommodations. Lucy: Well, and your daughters are wonderful. And having seen them at a couple of dinners. I mean the integration works really well. Heidi: They're pretty cute. Yeah. Lucy: They're pretty cute. It works really well because they get to see a lot of different people over here. Heidi: Yes they do. Lucy: That they wouldn't ordinarily see. They lead unusual lives. Heidi: We had a nice conversation about Norwegian and other things this morning. So, it was very good. Lucy: They were very funny. Heidi: And they do provide very funny moments. One time actually, Bill and Melinda were coming over for dinner. And Nicky was playing on her Xbox. And she knew Bill was coming over and said like "Can I have him sign my Xbox?" "Oh, I guess, you can ask him to sign your Xbox." Which she didn't ultimately do when he came over because she was too embarrassed. But, she said to me, "Microsoft, yeah, they make the Xbox. Do they make any other products?" And I just had to laugh. Heidi: You know, the eyes of a thirteen year old is like all they make is the Xbox. Lucy: Well you really have achieved a lot. And you have front row seats to a lot. And I have no doubt, fifty or not, that you are going to be on the front row for many, many years. Heidi: Not done yet. Lucy: Not done yet. So, tell us what's next for you. Heidi: Oh, I'm so excited about what I'm doing. But, I can't tell you. Sorry. Lucy: I'm going to jump across the desk and strangle her. Heidi: I know. I know. I am. You know I'm continuing to do my work with Mobee and then a company that we work on. And Brad and Jake my partners there. I mean, you know, we have a great relationship and I'm enjoying that. But, I am definitely an entrepreneur at heart. In fact I've been thinking, at some point on my link and profile. Right now, it says venture capitalist and recovering entrepreneur. And someday soon it's going to say "Relapsed entrepreneur and venture capitalist" because I just can't help myself. Heidi: So, I just started a little company. I actually funded it yesterday. I'm fortunate enough to have provided my own seed capital. I joke to my husband. I said, "It's very important tonight because we're having cocktails with my lead investor," which of course was me. [laughter] So, we laughed about that. So, I have a little start up that I'm working on, which I will hope to tell you all about really soon. But, it's not quite baked enough yet. So, you'll just have to wait. Lucy: I just hope it's about fifty year old women. Heidi: You will, you will buy one of these products. Well, I'm going to give you one. And Lucy. Larry Series: Entrepreneurial HeroesInterviewee: Heidi RoizenInterview Summary: Born and raised in Silicon Valley, Heidi spent the first part of her career founding and growing tech companies. Now she enjoys helping entrepreneurs build companies as a coach instead of a player. Release Date: August 15, 2007Interview Subject: Heidi RoizenInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 34:33
Audio File: Download MP3Transcript: An Interview with Gillian Caldwell Executive Director, Witness Date: August 9, 2007 NCWIT Interview with Gillian Caldwell BIO: Gillian Caldwell took the helm as the CEO for Global Witness in July of 2015. Prior to that, she was the Executive Director of WITNESS (www.witness.org), which uses the power of video to open the eyes of the world to human rights abuses. By partnering with local organizations around the globe, WITNESS empowers human rights defenders to use video as a tool to shine a light on those most affected by human rights violations, and to transform personal stories of abuse into powerful tools of justice. Since its founding in 1992, WITNESS has partnered with groups in more than 60 countries, bringing often unseen images, untold stories and seldom heard voices to the attention of key decision makers, the media, and the general public -- prompting grassroots activism, political engagement, and lasting change. A film-maker and an attorney, Gillian has experience in the areas of international human rights, civil rights, intellectual property, contracts, and family law. At WITNESS, she has helped produce numerous documentary videos for use in advocacy campaigns around the world, including Outlawed: Extraordinary Rendition, Torture and Disappearances in the "War on Terror";System Failure: Violence, Abuse and Neglect in the California Youth Authority; Books Not Bars; and Operation Fine Girl: Rape Used as a Weapon of War in Sierra Leone. She is also co-editor and author of a book published by Pluto Press called Video for Change: A Guide to Advocacy and Activism (2005). Gillian was formerly the Co-Director of the Global Survival Network, where she coordinated a two-year undercover investigation into the trafficking of women for forced prostitution from Russia and the Newly Independent States that helped spur new anti-trafficking legislation in the U.S. and abroad. She also produced and directed Bought & Sold, a documentary film based on the investigation which received widespread media coverage. Gillian lived in South Africa during 1991 and 1992, investigating hit squads and security force involvement in township violence, and has worked in Boston, Washington, D.C., and New York on issues related to poverty and violence. Gillian has been awarded the Echoing Green Fellowship (1996-1998), the Rockefeller Foundation Next Generation Leadership Award (2000), the Schwab Foundation for Social Entrepreneurship Award Winner (2001-present), the Tech Laureate of the Tech Museum (2003), Ashoka: Innovators for the Public as a special partner (2003), Journalist of the Month by Women's Enews (2004), and the Skoll Social Entrepreneurship Award (2005). Gillian is a member of the Social Venture Network, promoting new models and leadership for socially and environmentally sustainable business in the 21st century, and she is admitted to the Bar in NY and Washington, D.C. She received her BA from Harvard University and her J.D. from Georgetown University, where she was honored as a Public Interest Law Scholar. Larry Nelson: This is Larry Nelson, with w3w3.com, Colorado's Voice of the Technology and Business Community. And we are a very fortunate proud partner with the National Center for Women and Information Technology, or, as we call it, NCWIT. And we've got a three‑part interview here; we're doing a wonderful interview with a very strong entrepreneur that we are very interested in talking with on some interesting topics. And we're here today with Lucinda Sanders ‑ we call her Lucy; all of her friends do ‑ who is the CEO of NCWIT, as well as Leigh Kennedy, who is on the board at NCWIT; and she's a serial entrepreneur herself. So, Lucy, welcome to the show. Let's get into it and introduce your guest. Lucy Sanders: Well, today, we're introducing Gillian Caldwell, who is the executive director of Witness. I have to say, Gillian, after really looking at your website and understanding what the mission of Witness is, it's a very compelling mission that you have. And your tagline, "See It, Film It, Change It", I thought, was one of the best tag lines I've ever seen for the mission of an organization. Can you give us a little bit of background about witness? I know you started it in 1992. Gillian Caldwell: Yes. So, witness was founded in 1992 by musician and advocate Peter Gabriel. He was struck, when he was touring with Amnesty International, by the isolation of the human‑rights defenders that he met in countries around the world who had had their stories of abuse denied and covered up and forgotten. And he had with him, at that time, in 1989, a handheld video camera; it was a Hi8; it cost about $1, 800. And he was using that camera to record their stories and their experiences; and he was struck by the potential of those stories and that technology to bridge the gap and connect audiences all around the world to those realities and ensure they weren't covered up and forgotten. And Witness was founded just a few years later, in the wake of the beating of Rodney King, which, of course, was shot by a handheld video camera, which galvanized an international conversation about police brutality. The Reebok Human Rights Foundation provided the early seed funding in 1992. And witness began as a technology‑transfer organization, with a primary focus on donating handheld video cameras to human‑rights advocates around the world. Over the last fifteen years, since we were founded in 1992, Witness has evolved considerably. And, at this stage, as you suggest at the outset, our focus is on enabling people to see it, film it, and change it. We don't just provide the camera: but we provide both the technical and strategic support that human‑rights defenders need to document the violations; ensure that they can, in a compelling, story‑driven way, explain not just the problem, but the solution; and get that media in front of the audiences that can make a difference, whether it's a Congressional subcommittee trying to decide whether or not to allocate armed forces and funding in the context of the genocide in Darfur, or whether it's a local judicial official who is being influenced by the evidence that's being presented before him on a videotape. Lucy: Well, and I think, in looking at your site, as well, you're using all the Internet and Web 2.0 technology now to really create this worldwide audience. I mean it's a very compelling use of technology to achieve social good. Gillian: What's really exciting at this stage is that I'm just about to launch something called "the Hub", which will basically be a kind of a YouTube for human rights or, as I like to think of it, a YouMyWikiTube for human rights. If you imagine the technologies and the philosophies of YouTube, MySpace, and Wikipedia, you get close to what we're trying to do at the Hub, which is a site that will be premiering in the fall of 2007. So this is a destination, a website, to which anybody anywhere could upload visual imagery, whether it's photographs or video, or possibly even audio content, of human‑rights‑related issues in their communities, here in the United States and around the world. They can upload it and opt in to a community of people that care about those issues and support campaigns for change. Lucy: Well, so, it's real evidence of how technology supports social entrepreneurism. And that gets me to my first question about technology in general: what technologies do you see on the horizon that are really going to make a difference for you, in addition to the Web 2.0 and Internet types of technology? Gillian: Well, of course, the cell phone, and particularly video‑ and photograph‑enabled cell phones, are really making a difference. I mean, historically, when people thought about the Rodney King beating, they thought "Oh, if you can just capture the abuse as it happens, it will make all the difference"; and the reality is that, with the larger video cameras people have historically used, you're unlikely to be in the wrong place at the right time. But, now, with the handheld cell phones, so many of which are video‑enabled and photograph‑enabled, there is a brand new opportunity to capture that abuse as it happens. If you think back to the London Tube bombings, just a couple of years ago, when a so‑called citizen journalist was reporting live from inside the London Tubes and the BBC moved ahead to create an email address to which anybody could email imagery of news‑related stories in their community, you start to realize that the cell phone is actually really revolutionizing the way we access information, as is text‑messaging and, of course, the Internet, which really didn't exist when Witness was founded. Lucy: And the cell network is very ubiquitous as well, especially in developing countries. Gillian: Right. I mean we still have a massive digital divide: but the beauty of the cell networks is that many of the countries which have historically been confronted with that massive divide will be able to leapfrog over the physical infrastructure, as those cellular networks are strengthened; and we'll be able to embed larger and larger files and transmit larger files over the cellular networks. But it is a concern, still, of course, when we think about the challenges of the Hub. And to take, for example, perhaps a humanitarian‑aid worker in Darfur, who happens to be on the spot as a genocide unfolds, who captures some of that imagery on their cell phone, and who wants to upload it to the Hub so that maybe the Save Darfur Coalition, in Washington, D.C., can then download it and provide that to the Congressional subcommittee: that aid worker faces several challenges. First of all: What's the bandwidth? What's the cost? What's the expense to upload that content? And does he have the strength of signal to do it? And secondly: What about the security risks? Here's a big issue for us, because, of course, if we log the IP addresses of the people who are uploading content, even if we enable them to upload the content anonymously, they really may be at risk, and we could face a subpoena, as Yahoo! Did in the case of Chinese dissidents. So the simple size of the file, of the video file, as it stands, makes it very difficult to encrypt or anonymize those files and it does put people at risk. So the technology is still insipient in terms of really fully enabling what we're talking about. Lucy: It is interesting how you've continually used the latest technologies to help in the pursuit. So, if we switch gears a little bit and we think about you being an entrepreneur: why did you decide to be an entrepreneur, and what is it about entrepreneurship that really makes you tick? Gillian: Well, I mean it's interesting that I have been sort of dubbed a social entrepreneur by a variety of organizations that recognize people in that field, whether it's Ashoka, or the Skoll Foundation for Social Entrepreneurship, or the Schwab Foundation for Social Entrepreneurship, really going back to about 2001. And a social entrepreneur is defined variously; but it's really understood as somebody who's really taking an innovative and sustainable approach to an old problem. And what Ashoka says about social entrepreneurs is that they're born that way. And it's funny: it isn't a primary identity for me; but, more and more, I do understand myself as somebody who's genetically inclined towards innovation and towards growing new ideas and towards thinking really tactically and strategically about what's sustainable. But my passion is not earning income: my passion is doing work that feeds my soul; and that's why I've always invested myself in work that delivers social value.. Larry Nelson: Gillian, who in your life really helped, supported your ‑ whether it was genetically inclined beginnings, or was it a mentor that came along the way? Was it a particular group that really had a major influence on your direction? Gillian: Well, I think, like so many people, the most formative influences for me were both my family ‑ particularly parents, who were not, themselves, deeply involved at a political level but who really had what I would call progressive values and who were very driven by integrity, in terms of how they thought about the world ‑ and then, of course, my teachers, particularly my history teachers, in grammar school and in high school, who introduced me to Amnesty International. I began running my high‑school chapter of Amnesty International when I was 12 years old; and I recall organizing weekly Urgent Action letter‑writing campaigns with students, getting dozens of students to write letters to President Zia‑ul‑Haq, in Pakistan, at the time, about political prisoners. And I remember organizing a school symposium on torture. And, I think, there, again, not just my parents and their support of my commitment to doing social‑justice work, but the teachers that encouraged me. And then additionally, interestingly, the work of an artist by the name of Leon Galag, who died quite recently, but who did a series called The Mercenary Series, which was very powerful, enormous canvases of mercenaries in Latin America torturing political prisoners. And, strangely enough, because I lived in the back of an art gallery in SoHo, in New York, when I was growing up, those paintings were in my living‑room for a period of time. In fact, I've often commented that, in these paintings, in The Mercenary Series, there was always a perpetrator looking at you looking at them, almost making a witness out of you and demanding that you do something about it. So I see a very consistent narrative thread, in terms of my focus on social justice and my focus on enterprise, going back to the days when I used to host regular bake sales on the local street corner to try to earn a little income. Lucy: I'd say this is genetically baked into you. Leigh: No pun intended. I thought it was really interesting, too: you're a lawyer. Did you pursue a law degree in support of your social activism? Gillian: Yes. I decided to get a law degree because I wanted additional credibility and depth, in terms of doing policy‑oriented work. I didn't intend to practice, although I did enjoy the short period of time in which I practiced, both at the administrative level, representing disability applicants, and then also working with special‑education cases and discrimination cases, before I got involved in a big undercover investigation on the Russian Mafia and their involvement in trafficking women for forced prostitution. And that undercover investigation utilized hidden‑camera technologies. We posed as foreign buyers interested in purchasing women. And that was my real introduction to video advocacy, as I now call it. But the law degree was always intended to help give me a little bit more credibility, a little bit more depth. And I didn't ‑ I couldn't anticipate at the time that it would be as useful as it is, of course, in the context of running an organization like Witness, where, you'd think, most of my legal training would come into play in the context of human‑rights law, when, in fact, most of what I really deal with on a daily basis, through the three pro‑bono law firms that support our work, has to do with intellectual‑property and trademark protection. Lucy: That's what I was going to ask you about: digital rights management. But that's probably a discussion for another time. Larry: Yeah. Leigh: So, Gillian, when you think about your career as a social entrepreneur, what's really been the toughest thing that you've had to do? Gillian: The biggest challenge is recognizing that the only thing that will be constant is change, particularly in an organization like Witness, where you're focused on integrating new technologies into social‑change work. You have to stay adaptable and evolutionary, which means you're never standing still. So, while I've been running witness for almost ten years now, I can honestly say that the organization looks, feels, and acts very differently from quarter to quarter. When I started, it was just me; and, at this stage, for fiscal '08, we're going to have a budget of $4.2‑million and a staff of 30. So that's a very different operation than it is to run something that's just two or three people. I think the other thing is that, if you're working as an entrepreneur in a social context, you're constantly in the midst of a so‑called stretch assignment: you're learning as you move through the process. And what's so important is being sure that you're really thoughtful about reaching out to get the advice and guidance and support that you need along the way, and that you build a system and an infrastructure of support surrounding you, because it may not always exist within the organization itself, but there are people that have done it before and you're not always needing to reinvent the wheel. Lucy: Well, and speaking of advice: if you were sitting in a room with some young people, what advice would you give them about entrepreneurship? Gillian: Well, again, I look at it through the perspective of social enterprise. So, for me, the most important advice I could give anybody is to stay committed to evolution; and that means that you have to live as a learner. I think that Gandhi once said that we should live like we are going to die tomorrow but learn like we will live forever. And I really believe that's the case: if we aren't open to learning, and if we don't spend as much time listening as we spend speaking, we can't do anything well. So I think that's the most important thing: to stay adaptable, to stay evolutionary ‑ and to build leadership. Somebody who really is a leader is ultimately somebody who takes all the blame and none of the credit. And that's a hard thing to map your mind around; and, at times, it is a bit of a thankless task, because there's just as many nuts and bolts as there are opportunities for big‑picture strategic visioning to take place. But it's really important to stay humble and to stay open and to stay learning. And, as you mature, over time, you realize that, the more you know, really the less you know, I think. Lucy: That's really true. I have to say Gandhi is ‑ I love his quote: "Be the change you want to see in the world." Gillian: Yeah; well, that's also about really living your values. I think it's so easy to compartmentalize our values and to try to articulate them through the check we write at Christmastime or the bottle we put in the recycling bin. But the reality is that living your values is a full‑time occupation, and it really requires us to challenge ourselves all the time to think and wonder: you know, "Was the thought that just passed through my mind racist?", "Was the dynamic that I just participated in unfair?", "Am I carbon neutral?" I mean all of this is about integrity and about values and about being a productive member of the planet. Lucy: So, speaking of characteristics: when you think about yourself, what personal characteristics do you think have given you advantages in being an entrepreneur? Gillian: Well, I think I have a lot of assets in that department, which have served me really well. One is stick‑to‑it‑iveness: I am dogged and determined, and I will find a way; and that's absolutely necessary. You have to have passion driving your commitment; and I believe, if you're passionate, you can achieve whatever it is that you set out to. It's also important to have solid organizational skills. A lot of entrepreneurs are visionary but aren't fortunate enough to get the skills of discipline and the organization and detail orientation that is required to pull off an enterprise. So, for those people, I think, it's so important to recognize that and surround themselves with people that do complement them well in that way. I think the other issue, of course, is the strategic thinking. And, there, it's making sure not just that you give yourself space and opportunity to think strategically, but also that you create environments in which strategy can evolve through collective conversation. Too often, people at all levels of an organization are not involved in creating and participating and designing a strategy for an organization. And that's what builds ownership, and I think that's what builds better long‑term solutions... Larry Nelson: Gillian, with a background like you ‑ you've had this organization, now, for ten years; you now have a budget of $4.2‑million; you have 31 employees. Here's a question: how do you bring about balance to your personal and your professional lives? Gillian: Well, the quickest way to get some balance is to have some children. And I have two of those: I have a girl, named Tess, who's just about to turn five, and a boy, named Finley, who will be three shortly. And that really, really necessitates a balance, because I will not miss their childhoods. So it enabled me to really walk the walk and talk the talk when it comes to balance. You know, I have certain lines that I draw, in terms of the number of nights a month that I will be away from my children, and a commitment regarding the number of hours I want to be with them at the beginning and the end of each day. So that's really important. The other thing that is so important to me, which I'm really grateful to have been able to bring back into my life, is exercise. And I think everybody finds balance in different ways: some people, through spiritual practice; others, through meditation; and, for me, exercise and, at this stage, running is really critical. So I do run five to six days a week, for roughly 45 minutes; and that's a way to really stay balanced and attuned. Lucy: Well, Gillian, you've really achieved a lot. We haven't even really mentioned it on this interview; but you are an author. You're clearly a passionate activist. You're a lawyer. And, also, you're a techlaureate, from the Tech Museum, which is very impressive as well. You've achieved so much. Oh: and a mom, with great kids. What's next for you? Gillian: Well, interestingly, I'm not somebody who's ever had a clearly designed career path in mind. I'm fortunate that I've been able to work throughout my life in the things that are absolutely engrossing to me and that really make me feel passionate. So I don't have a next step in mind. One of the things that I am increasingly concerned about and do want to direct my attention to, in the context here at Witness and conceivably beyond that, is really the issue of the climate, which is collapsing around us. And I think, first of all, that we are sleeping on the job, in terms of recognizing how serious the issues are, and, second of all, that there is this arbitrary divide between the field of human rights and the environmental movement. And, in fact, if we don't work cohesively together to analyze the intersections between climate collapse and human rights, we're really going to be in trouble. Just by way of example: there will be, and already are, millions of environmental refugees as sea levels rise. Take a look at Bangladesh: much of Bangladesh will be underwater, millions of people forced from their homes. There is already, all over the world today, wars over resource extraction, whether it be wars for oil ‑ of course Iraq comes to mind there ‑ or gold or other natural minerals, which displace hundreds of thousands of people in countries and force them to confront unspeakable violence. There will be the massive spread of vectorial disease. We're already seeing that in disease mutations which function in higher‑temperature environments. So I really see that as a place for a lot more focus and energy; and I'm passionate about seeing what I can do, at Witness and beyond, in that area. Larry: Gillian, I have a feeling that you're going to see it, film it, and change it. Lucy: We really want to thank you for everything you're doing for our world and at Witness. We really appreciate the time that you have taken to talk to us. Gillian: Thank you so much for having me. Lucy: I just want to remind everybody that the podcasts are hosted at the NCWIT website, www.ncwit.org, and also w3w3.com. Larry: That's it. Gillian: And you can go to www.witness.org to learn more about the work. Lucy: Wonderful. Thank you very much. Larry: One more link. Leigh: Thank you, Gillian. Lucy: Bye‑bye. Gillian: O.K. Thank you. Series: Entrepreneurial HeroesInterviewee: Gillian CaldwellInterview Summary: Gillian Caldwell is the Executive Director of WITNESS, which uses the power of video to open the eyes of the world to human rights abuses. A film-maker and an attorney, she has always believed in the power of images to change people's minds. Release Date: August 9, 2007Interview Subject: Gillian CaldwellInterviewer(s): Lucy Sanders, Larry NelsonDuration: 20:50
Audio File: Download MP3Transcript: An Interview with Selina Tobaccowala Senior VP of Product and Technology, Ticketmaster Europe Date: July 30, 2007 Lee Kennedy: Hi, this is Lee Kennedy and I am on the Board of Directors for the National Center of Women and Information Technology or NCWIT and 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 fabulous stories to tell us about being entrepreneurs. With me is Larry Nelson from W3W3.com. Hi Larry, How are you.? Larry Nelson: I'm fantastic, and I'm real excited. Again this is another wonderful interview you guys have lined up. That's super. And W3W3.com we're a web‑based Internet radio show. We podcast and blog and everything else, and this is right up our alley. Lee: Great, and just to get right with it we are interviewing Selina Tobaccowala. Selina has a really interesting background. Selina was a Stanford grad and right out of school started Evite, which I think everybody in the universe knows about, and if you've ever been invited to a party or an event. She is currently working at Ticketmaster. So Selina why don't you start and tell us a little bit about your background and what brought you to be in technology and an entrepreneur. Selina Tobaccowala: Thank you Lee and Larry. From my standpoint from entrepreneur and how I got into technology, it's very much being surrounded by technology my whole life. My father was in computers as well and started doing the initial punch card programming in the 70s and eventually got into management and so forth. And then going on to Standford where you are surrounded by technology everywhere. I mean, I graduated in 1998 and in that time frame there was Yahoo, Excite, and Apple. Everything was around us and everything was started by Stanford entrepreneurs. So being in computer science at Standford there was just so much opportunity to go and do something in technology, which was very exciting. Lee: Great. Larry: I can't help but ask this. You've kind of led into it already. Just for a little clarity, you were one of the co founders of Evite. Selina: Yes. Larry: And that is how you ended up where you're at now. Because I kind of went and checked you out online. You've got a very interesting product that you're working on there at Ticketmaster. I can't wait to see where you're going to be going next. [laughter] Larry: How did you first, you mentioned your father. I can remember punch cards. I was doing some work at a University back in Wisconsin. I dropped the basket, oh boy. What was that transition in terms of what you think is really cool today going on in technology? Selina: In terms of technology today, some of the stuff I find cool possibly being in Ticketmaster and being surrounded by music is all the conversions in devices especially around music. So just looking at the iPod and what it's been able to do, and some of the products surrounding that from iTunes to iLike is something that actually Ticketmaster has invested in. And it's just a great convergence of taking new music, all the new web technologies as far as taking consumer data, and being able to help you discover new music. But it's all really from a standpoint; those are some of the things that I find really interesting in today's pace. And it is really tying together all the devices if you look at Google Maps tying into the GPS on your phone so you always know where you are, and driving those things together. I just feel like right now we're in another interesting time where the hardware has been able to catch up with what people can do from the software perspective. And being on the software side, obviously I find that very exciting. Lee: So it sounds like you really love being on the leading edge of technology and integrating all the latest and greatest devices. When you think about your role as an entrepreneur, what is it that makes you enjoy being an entrepreneur? What about being an entrepreneur really makes you tick? Selina: I think the key for me, based on my personality. I like to really dig in and solve problems and looking out there in terms of business opportunities and then using technology or consumer problems that people actually have and then using technology to take advantage of them. When you look at everything in my history, it's all about consumer products and making it easier, using the web to make your life easier in an off line way. So whether that's sending invitations so you don't have to try and coordinate thirty people via phone and email to actually organize an event, and actually make that event happen. Or having people very easily get to a live show and at a fair price. From my perspective it's really about taking technology to make the consumer life easier, and I like that. And there is so many opportunities as technologies get better, consumers always have problems. Larry: Yeah it is. Let me ask this. Kind of going back in history because we're trying to get a feel of what really makes an entrepreneur and how this all comes about, one of the things that we've noticed that you and others have mentioned is people that are mentors to you, roll models. Who would somebody like that be in your life? Selina: I think I already mentioned a little bit, but definitely my father. He and my mom came over to the U.S. probably with not that many resources or opportunities that I had. And my dad started doing basic computer technology and in the end was managing quite a bit at EAS and then jumped into a startup, then did two startups after that. And watching, he jumped into a start up actually a year before I did at Evite and watching that and saying, I think I can do that too, and then encouraging me to do so. And graduating from Standford and seeing people take jobs at general consulting firms and saying don't worry about it. Take a risk, now's the time. To me that was really important to have that around. And again, just through silicon valley there are so many different mentors around, and people encouraging you to just try and jump into businesses and take a risk, and that it's OK to fail. Which I think is one of the key things about being an entrepreneur is that you're going to try things that are not going to work, whether it's a product that you're going to put out there. We had four products before we launched Evite and we tried a product and it didn't work. We built a new product and it didn't work, and it's a matter of testing what consumers respond to, then putting something out on the market that actually works. And I think that the U.S. And Silicon Valley specifically completely encourages that. Lee: It's really cool that your dad was one of your key mentors in life. I have to say that some of the other women that we interviewed talk about how their father was either an entrepreneur or technical or an engineer and how that played a big influence in their life. Selina: I think that if you're surrounded by it. One of the things I think is great about the National Center for Women is if you're surrounded by it and get involved in it early, you really have the likelihood to see the value in technology and bring it out there whether for consumers or businesses. Lee: So thinking about everything you've done in the last ten years or more. Starting a new company from scratch and now doing amazing things where you're at. What do you think is the toughest thing that you've had to do in your career? Selina: One of the things as an entrepreneur is that you're not always going to succeed in the way you want to succeed. And that's part of taking the risk and that's part of the excitement but at the same time it's not going to work out. Evite we did a lot of things right and we sold our product and people still use it. But we did hit the downturn in the 2001 time frame, and we had to downsize. That's something as a leader is really hard, because you put your time, and investment, and people, and they give their time and ideas and thoughts back to you and to the organization. And that always is one of the toughest things is that you know, fundamentally, if your business doesn't succeed to the degree, sometimes you need to let go parts of the team, and that's always going to be the toughest thing in any business. Larry: Yes. I have to tell our listeners, off‑line, just before we started, I asked Selina, "How come I only got three Evites this week?" And I said, "Was it a slow week?" She said, "Well, either that, or you have to get more friends." [laughs] Selina: [laughs] Larry: So anyhow, Selina, if you were sitting in front, right now, of a young person who was contemplating whether or not they wanted to become an entrepreneur, what advice would you give them? Selina: I mean, from my standpoint, as cheesy as it sounds, definitely go for it. [laughs] Larry: [laughs] Selina: But definitely, after that, it's really what I was saying a little bit before, which is you need to take risks. From my standpoint, it's prototype something as quickly in the marketplace as you can, see what's working, see what's not working; especially when you look at new technologies and web technologies. You can track everything. You can test everything. So you can get stats, see results, and then tweak, tweak, tweak. So it's very easy to sort of weed out stuff that's not working, try new things, and get it working and build a sustainable product. So, in terms of, again, that's more based on web technologies. It's harder to do if you're talking about hardware or physical goods. But the principle; being of prototype, get it out, market test it, and then keep building; is still the right thing. Larry: Great advice. Lucy Sanders: Well, Selina, one of the questions that we're always eager to ask is, with all the amazing things you've done, when you think about yourself, what personal characteristics do you think have given you any advantages as an entrepreneur? Selina: I actually would ask somebody else. [laughs] But I would say that, from my perspective, one of the keys is, actually, I'm not a very patient person. And although that might not be seen as a general advantage, it is sort of an impatience with the status quo, with what's out there, and being able to be curious and question and say, "Why are things working this way? How are things working?" So we constantly try to think about how to make it better: "How can I improve on what's there?" Whether that's in a small way, from a product perspective or a feature perspective, to actually say, "Is there a full business opportunity here?" It is probably, for me, the largest thing, from a personal characteristic standpoint. But I don't think there's anything that different in terms of besides the willingness to be able to take a risk. Lucy: Mm‑hmm. Great. Larry: Well put. Well put. I must say, being a serial entrepreneur myself, I can relate to that. Here's kind of a tricky thing. You're a hard worker. You love what you do. And of course, that's the good side. Well, you're a hard worker, and you like to do what do you do. How do you bring about the personal and professional balance in your life? Selina: [laughs] Larry: [laughs] Selina: A bad question when I'm at work at 7:15 at night. [laughs] [laughter] Selina: No. I'd say there's a couple of things, which is, even doing Evite, and we've been working intense hours‑‑every Friday, at least, Friday evening and Saturday, spending time with friends and being able to say, "I'm going to take out X time, and no matter what else is going on, spend time with other people." Because it does actually reinvigorate you, give you new ideas. And then another thing, for me, is I absolutely love to travel. And so it's really saying that taking, even if it's just one week out every year, but it is taking that time and actually going and seeing someplace new, because, again, I feel like really taking some time out to just go do that. And it does bring on new ideas, you do relax to a different degree, and your mind sort of refreshes. And I think that that's very important. And I'd say the last thing is I love to read, and every night, before I go to bed. It's like it takes your mind to a different space and does give that relaxation that you need. Lucy: Gosh, I think that's the best advice I've heard yet from anybody on how they get balanced. Yeah. Larry: Yeah. I love it. Yeah. Lucy: Because being an entrepreneur requires so much creativity, because you're always faced with new challenges... Selina: Yeah. And the thing is, if you don't get away from the day‑to‑day ever‑‑I live in London now, and one of the things is, no matter what else, I walk to work every morning. And it takes me about 35, 40 minutes, but it's like I'm walking through a park, and it's like it lets you actually think through everything. Even if it's just an hour here or there, taking the time out to refresh yourself, because you end up actually thinking through things more clearly and being more productive. Larry: You brought up London, and I have to ask this. Here we are, sitting in Boulder, Colorado... Selina: [laughs] Larry: Sunny skies, 80 degrees, gorgeous outside... Lucy: You rubbing it in, Larry? Larry: Oh, I'm sorry. Sorry. Selina: [laughs] Larry: And I know it's evening there now, but what was it like earlier today in London? Selina: Well, actually, today was absolutely beautiful. [laughs] Lucy: We caught you on a good day! Larry: Oh, wow. What a setup! What a setup! Selina: Yes, it was. The summer months are generally just beautiful here. And as I said, I walk through the park with wildflowers... Lucy: Oh. Selina: And I was in Germany for work yesterday, so it's very easy to see new places. [laughs] Lucy: Well, the last question we have for you is‑‑you've already achieved so much at such a young age. What's next for you? Selina: As Larry said, the whole serial entrepreneur. One of the things, Evite got bought by the parent company, IAC. And I've been doing, to a certain degree, startups within IAC‑‑started a group at Ticketmaster first, then went on and started an online organization for Entertainment.com, and now came to Ticketmaster and doing European products and technology. But I think the next thing for me is I will get back that itch to do a startup from scratch, [laughs] and coming up that idea and finding the next thing. And for me, I love what I'm doing now. We're doing great things in terms of new products and launching it through the different European marketplaces. But I'd say, after Ticketmaster, it's definitely jumping back into a small organization. Larry: Oh, we just have to ask this. With your experience, and now your worldwide travels and involvement and all, what do you see, technology‑wise, that's coming down the pike that's going to make a big, sweeping difference to all of us? Selina: Oh, wow. That's a tough one. [laughs] But again, I don't see any single technology. And I think that that's the way I think. I don't see that, all of a sudden, everything's going to migrate to mobile phones, or there's going to be any single device or any single technology that's going to sort of change everything completely. I mean, there's a few of those that come up occasionally, like, obviously, adding search to the web changed it dramatically. But I do see that what you have today is finally, as I was saying before, the ability to suddenly drive everything to the web, from, rightly, with software applications that used to could only sit on your computer. I think, all of a sudden, you can be connected from everywhere, and you can get to everything from everywhere. And I think that just changes the mindset in terms of continually and always being able to access your information and, to a certain degree now, other people being able to access your information. And it changes the whole how anonymous you can be within an everyday life, and everybody's more connected and the web connects people, and so I do feel that more and more technologies are taking advantage of that. But it will change how people interact. Lucy: Yeah. There's definitely some exciting things. Larry: Are we going to follow up on this, Selina, or not? We can tell you're going to have a super, super career, and we definitely will follow you. Selina: Well, thank you. Thank you for taking your time as well. Lucy: Well, Selina, thank you so much. It's been wonderful learning more about you today. Remember, these podcasts will be on www.ncwit.org, as well as www.w3w3.com. Larry: That's it. Selina: Great. Lucy: Thanks, and pass these on to a friend. Selina: Thank you so much. Larry: See you soon. Lucy: Bye‑bye. Series: Entrepreneurial HeroesInterviewee: Selina TobaccowalaInterview Summary: When Selina Tobaccowala co-founded a little web company called Evite as a junior at Stanford, she was one of just 18 women majoring in computer science. Release Date: July 30, 2007Interview Subject: Selina TobaccowalaInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 16:05
Audio File: Download MP3Transcript: An Interview with Elizabeth Charnock CEO and founder, Cataphora Date: July 24, 2007 NCWIT Interview with Elizabeth Charnock BIO: Elizabeth Charnock is the CEO and co-founder of Chenope, a bootstrapped startup that creates analytics that predict the future of an organization based on the observable behaviors of its members based on whatever data is available. Prior to that Elizabeth founded Cataphora and led it from concept to profitability, funded entirely by revenues from clients and without any outside investment. The company's genesis was a fundamental insight that Elizabeth had about a revolutionary approach to information retrieval. Starting from that idea, and a kitchen table group of four employees, she has guided the growth of Cataphora to over 100 employees. The company has seen three consecutive years of at least 100% growth in revenue, customers, and employee head count. In 2006, the company moved into a dedicated new headquarters building in Redwood City, California, and opened an office in Washington, DC, two blocks from the White House. 2006 also saw the granting of all claims in Cataphora’s fundamental technology patent, which Elizabeth co-authored. In leading Cataphora’s success, Elizabeth has drawn on her prior experience as an entrepreneur and CEO, and on her extensive knowledge of information retrieval technology and business. Prior to starting Cataphora, Elizabeth was CEO and founder of Troba, an industry leading Customer Relationship Management software company which she sold in 2001. Her previous experience includes management and senior engineering positions at international high tech companies such as Hewlett-Packard and Sun Microsystems. She started her career at Unisys in Plymouth, Michigan, where she ran a human factors laboratory. Elizabeth has lived in both France and Germany and speaks both of those languages. She has been a dedicated jazz dance performer. She enjoys travel, as well as spending time at home with her whippet, Ragnar, and African Gray parrot, Howard. Elizabeth holds a BS in Theoretical Mathematics from the University of Michigan Honors Program, which she entered at the age of sixteen. Lucy Sanders: Hi. This is Lucy Sanders, and I'm the CEO of the National Center for Woman and Information Technology, or NCWIT. With me today, is Larry Nelson, from w3w3.com. Hi, Larry. Welcome. Larry Nelson: Hello. I'm so happy to be here. Lucy: And Lee Kennedy, who's a co‑founder of Tricalyx, a new company here in Boulder. Lee Kennedy: Hi. Lucy: Lee is also an NCWIT director. So, today, we're interviewing Elizabeth Charnock, the CEO and founder of Cataphora. Elizabeth, welcome. Elizabeth Charnock: Thank you. Larry: Boy, I tell you, I'm so excited to be a part of this. It's a great program, and sorely needed out there, which is what really makes it extra special. Lucy: Well, Elizabeth's company is just extremely interesting to me. Elizabeth, I see, from looking online, that you're a patent holder? Elizabeth: That's correct. Lucy: And your company works on email. You must have some pretty sassy algorithms there, trying to figure out the content [laughs] of email. Why don't you give us a bit of information about your company? Elizabeth: Sure, I'd love to. First of all, it's not just about email. In fact, the idea that the company is founded on is that search is really no longer just about content. The search algorithms that are out there now, with the exception of Google's, on the Internet, all have very much to do with classifying documents according to content. And most documents used to have quite a bit of content, making this fairly easy to do. So you can see how many times, for example, the word "chicken" appears in a document or the word "hammer" appears in a document, or how many times the words "hammer" and "chicken" co‑occur in the same sentence or paragraph or so on. But now, in the world we live in, people are so wired‑‑we all have Blackberries; we've got Treos and the equivalent devices; we use IM‑‑with the result that email, and even informal memos, are a whole lot less formal and less long than they used to be. So, what our technology is all about is weaving together these different, smaller items into a searchable object that's meaningful. So, what we've done is changed the boundary of search. So search, for us, is no longer about an email or an IM or a phone‑rep message; it's about the dialog that can be put back together with our algorithms. To give a concrete example of this, while it's become a bit hackneyed at this point; let's say you have a message, of whatever form, whose entire content is just, "Yes, let's do it." Well, what does that mean? Larry: [laughs] Elizabeth: Does it mean, "Let's go commit securities fraud"? "Let's go embezzle that 300,000 bucks"? Or maybe it just means, "Let's go fishing." Right? How are you going to know? It used to be that the answer was in the same document. Now the answer may be two or three documents or items away. And that's what our company's all about. Lucy: Well, it is really interesting. And I think the algorithms must really be pretty fascinating. Larry: Boy, I'll say. One thing I can't help but wonder, just as kind of an opening question, is how did you get into technology? And then maybe a second part of that question is what do you think is really cool today, in addition to what you're doing? Elizabeth: How I got into technology, originally, as a child? My father is an electrical engineer and very, very much, I think, pushed me that direction, initially‑‑especially since I was an only child, so I was his one opportunity. But when I was in college at the University of Michigan, they had a program in mathematics that was trying to subvert what everybody at the time thought was almost just a law of nature, which was the fact that no significantly original, or significant period, mathematics had ever been done by anybody over the age of 27. Lucy: I remember that. Elizabeth: So somebody endowed the University of Michigan with a program to try to push promising mathematicians through their PhDs, with a little bit more time before their brain turned to mush at the age of 27. And the program was so much better than anything else that was out there that, even though I had no intentions of being a math major when I entered college, within a few months it was pretty clear that that's what I was going to do. And that's what I did. Larry: Wow. Lucy: Theoretical mathematics degree. That's amazing. Lee: It is. Elizabeth: People don't believe me now. They assume I must be a lawyer because of the field that my company is currently operating in. [laughter] Lucy: And just as a follow‑up with that, as you look out into the technology spaces today, what, in addition to some of the things that you're working on at Cataphora, are you thinking personally are just really cool? Elizabeth: This is going to sound a little silly, perhaps, but I think there's going to be a lot more things out there like this. I don't know if any of you guys have a Roomba‑‑you know the robotic little cleaning vacuum... Larry: [laughs] Lucy: In fact, Helen Greiner has been one of our interviews as well, from iRobot. Elizabeth: It's a wonderful thing. And I think that they could have done more, in terms of making it more, I don't want to say cutesy, but something that would maybe appeal to a broader set of people. I actually bought it for my husband for his birthday just because I thought he'd think it was cool. Larry: [laughs] Elizabeth: And I think that home robotics that actually do something useful, that are engaging and are not ridiculously expensive, I think, are a big area. I think there's still a lot to be done, obviously, in the area of search, apart from what Cataphora is doing. It's not uncommon, in the work that we do‑‑which is, at this point, mostly investigation and litigation‑‑to get literally 10 million items or more for a case. And these are not Enron‑like cases; these are more run‑of‑the‑mill sorts of cases. Lucy: Wow. Elizabeth: And so, while we're right now focused on the enterprise aspects of it and the legal aspects of it, there are obviously the personal information management of it all that I think is a really interesting problem. And some of the social networking stuff, I think, while a lot of it is somewhat trivial, some of it's really quite interesting. If you can build special‑interest groups for different types of research, or for people who are really expert or compassionate about a certain, very specific kind of thing, I think that's technology very well used. Lucy: I agree. It's huge. And it's changing so many things: the way people market, the way people find out what their interested in. It's amazing. Larry: Hmm. Lucy: Well, Elizabeth, you mentioned your dad as an EE, and he had influenced you into technology. What made you become an entrepreneur, and what about being an entrepreneur makes you tick? Elizabeth: In my case, those who have watched me progress, especially since I've come out to Silicon Valley‑‑because I'm from Michigan originally‑‑I think would say that it had to do with the fact that I was, again and again, in situations in much larger companies where I could see that the company was in decline, and there really was nothing much that I could do about it. And I wanted to have a center of excellence around me. I wanted to do work that I was proud of. I wanted to be working someplace where it was good to get up in the morning and go to work. And that sort of drove me to wanting to roll my own. For example, I joined Hewlett‑Packard at the point that it was starting to decline, and saw what that looked like, and it was just a very frustrating place to be. And it was interesting for me to see the "Wall Street Journal" extensive coverage of the firing of Carly Fiorina, and they were noting that many of these problems really pre‑dated her, even if she exacerbated some of them. And I was just so happy to see that, after 10 years, that now it was out in the open. But yeah, I spent a good several years there, and similarly joined Sun at the point it was arguably starting to decline. And I felt that I could do a better job, and I wanted to do a better job, even if at a smaller scale. Lucy: So, in terms of entrepreneurship, many people have mentors or people who influence them along the way. And we were just curious who your role models are. Who influenced you, and how did they influence you? Elizabeth: As an entrepreneur in different ways, John Nesheim‑‑the guy who writes the books on startups, he's best well‑known for writing the book, "High‑Tech Start Up" which here in the Valley is considered the Bible for starting a startup‑‑is an adviser of the company and is a really great mentor. At this point, he really spends his life teaching high‑tech entrepreneurial ship at Cornell, and writing books about it and advising a few companies. So he's seen many, many, many variations of the movie. He's very wise, and he's always willing to help. Julie Wainwright, who was the much‑maligned CEO of Pets.com during the bubble, I think is a really good person, and has a lot to offer in terms of, well, when you take a fall, you get back up on the horse‑‑has a great deal of personal grace and elegance. And Philippe Courteaux, who hired me into their elite, who I believe is the only four‑time successful CEO in Silicon Valley history. Obviously, there's a huge amount to learn from. Larry: Wow. I was not aware of that fact. I'm going to have to look more up on that. Lucy: You've got another book to read. Larry: Yeah, I do. Two other books... Lucy: [laughs] Two other books. Lee: That's an impressive list of mentors. Larry: Boy, I'll say. Elizabeth, I do have to point out that I was born in Michigan, so I understand. But I chose Colorado. I wanted to be surrounded a bunch of really neat people in a wonderful climate. Lucy: [laughs] Little plug there for Colorado. Larry: Little plug. Elizabeth, if you were to look back at the different things that you've been through‑‑and I'm sure you've had a couple of the tough moments‑‑what's maybe the toughest thing that you had to live through during your career? Elizabeth: Unfortunately, there's more than one... Lucy: Like or us all. Elizabeth: This is my second company. My first company was during the bubble, and we ended up having to sell it after the individual VC left the VC firm after the bubble burst‑‑at the point that many venture capitalists were no longer getting along with one another. And that was very, very difficult, not just because it was failure in some sense, even though we ultimately were able to sell it and at least get everybody a job, but because it was so unfair, in the sense that we had met all of our goals, we had exceeded some of our goals, and there was an exogenous failure event, as one person put it. And that's very difficult to explain to people who have really put their heart and soul into something. Obviously, it was a very difficult time, yet one of the things I am most proud of was that many of those same, original people joined this company, Cataphora, and made it possible for us to get to the point we are now‑‑which is to say we're a 100‑employee company in the Valley that has never taken a dime of investment from anybody, not even ourselves. Lucy: And I noticed that in some of the information on the web about your company. And I can really empathize with some of these unfair events in the world of startups. I was on the board of a company where a venture capitalist, in a Series B round, backed away at the very last minute, when, if that company had chosen to just bring more partners to the table originally, the company could have kept going. And as a result, gone. Larry: Yep. Lucy: That can be very, very hard. Elizabeth: I think that, as a practical matter, one of the things that very few people understand about the startup world is that there is very, very, very little‑‑and in fact, arguably no‑‑accountability on the part of the investors. Lucy: So it's clear you've been through a lot of challenges. Elizabeth: Yes. Lucy: If you were sitting with a young person and giving them advice about entrepreneurship, what kind of advice would you give them? Elizabeth: Something, actually, that is very much stressed on John Nesheim's site, at least when last I looked, which is that if failure will completely destroy you, you should not go down this path. Lucy: Hmm. Larry: Good point. Elizabeth: Kind of an odd thing to say, perhaps, on a website of that nature. But it's a very important one, I think, because, statistically, depending on whose numbers you believe exactly, 99 percent of all startups fail. It depends at what point you start measuring. At what point does the startup become significant enough that it exists? Does it have to incorporate? Does it have to have people spending significant amounts of time on it? Where does conception occur? If you want to look at it that way. No matter how you measure it, the vast, vast, vast majority fail‑‑some for avoidable reasons, some for unavoidable reasons. Some were perhaps ill‑conceived. But for whatever the reason, statistically, you're very, very likely to fail. And if you can't accept that initially, then it's perhaps better to stay in that larger company, then to go out there and follow somebody else who's taking the load on their shoulders more than you are on yours. Lucy: And so I'm sure you have a network of friends who are in various stages of startup companies. And if they fail, what do you tell them to console them? Elizabeth: The main thing I say is, hopefully, you learn something from it, whether it's something to do with things to do again, things to avoid doing. If at all possible, what you learn about yourself, what you learn about other people that you are in the endeavor with. And you, at this point, have to make a real decision, not a knee‑jerk one, as to what you now want to do. Lucy: Well, and I think that that's very wise advice. I'm sure that that wisdom is part of what has given you your success as an entrepreneur. What other characteristics do you have that you think have given you advantage? Elizabeth: I would certainly say that one of them is persistence and discipline. So that's two, but obviously they're interrelated. Levelheadedness is something that I always tell people at Cataphora is a huge, huge, huge component to startup success because, without it, it's almost impossible to take the long view of anything. If you can't take the long view, then you're not going to last very long. The former VP of marketing here at my last company said, "Well, the startup experience is like a roller coaster, but with the key difference that when you're high, you're on the top of the roller coaster." You can either make $800 million or dominate the world. The reality is that you're not actually as high as you think you are. But the inverse is also true. When you're at the low part of the roller coaster, you're probably not as badly off as you feel that particular day. And trying to avoid riding the roller coaster, I think, is a really critical part of success. Obviously, there's passion for it. I think people greatly underrate the importance of leadership, character flexibility, and all those traits that make other people follow that person into the fire. Lee: And they have to want to follow you, especially in the startup world. Elizabeth: Exactly. Larry: Boy, I tell you what, you mentioned earlier that many people joined your company that you have today that were with the other company. That really does say a lot about you and the management team you put together. Lucy: So, Elizabeth, considering this is the second startup you've done, how do you bring balance into your personal and professional lives? Because we all know startups are seven by 24. Elizabeth: Nobody ever likes this answer, but the truth of it is you can't do both. Maybe at some point you can, but startups are 24 by 7, so either you have enough people at the right positions to really delegate everything to you in such a way that you can not have to work massive numbers of hours. But I've never really seen that happen in practice. I do work less than I did two or three years ago. Probably a year or two from now, I'll work a little bit less. But if you want 40 or 50‑hour weeks, startups, but especially being a startup CEO, is not for you. I do make sure I exercise and do yoga and make some time for the things that I really have to. Fortunately, my husband works here, so that is a simplifying assumption. Lucy: [laughs] That is something that you do to bring balance. Make sure that you employ your husband. Larry: One of the things that author, John Nesheim, had brought up about, "If failure is going to crush you, " or something to that effect, I think the idea is, also, if the entrepreneur has this fear of failure, that's what they really also have to avoid. Lucy: Right. So, Elizabeth, you've really achieved a lot in your career so far. What's next for you? Give our listeners a little hint of what you're thinking about for the future. Elizabeth: Well, we think Cataphora is a great opportunity. As anybody who's been out there in the tech world knows, it's not just a matter of having a really good idea; it's also the timing of it. Timing is everything in these things, and so we intend to stick with this for quite a while. And who knows? Maybe my next one will have to do with robots. Larry: [laughs] Elizabeth: But right now, I am very much focused on making Cataphora the next big software company. And I think it can be. And that's what I'm looking forward to doing. Lucy: Well, and in fact, with the robots, we'll make sure that you and Helen get together. Larry: [laughs] Lucy: Helen has shown us little pictures of Roombas in costumes and things like that, which are pretty exciting. So, we really do want to thank you, Elizabeth, for your time. We know you're busy. And I know our listeners will really appreciate hearing your views on entrepreneurism. I wanted to also congratulate you on your "Fast Company" Fast 50 article. It was a great picture. I loved it. The caption, like, "So don't mess with Elizabeth Charnock, CEO of Cataphora." Larry: That's why we were so gentle to begin with. [laughter] Lucy: We really do appreciate your time. Thank you very much. And I wanted to remind listeners where they can find this podcast. It's at www.ncwit.org. And it will also be syndicated on... Larry: www.w3w3.com. Lucy: And please make sure you pass this podcast along to a friend. Thanks very much, Elizabeth. Elizabeth: Thank you. Lee: Bye‑bye. Larry: See you soon. Bye‑bye. Series: Entrepreneurial HeroesInterviewee: Elizabeth CharnockInterview Summary: Starting with a good idea and a group of four kitchen-table employees, and funded entirely by revenues from clients (without any outside investment), Elizabeth Charnock has guided Cataphora into a profitable company with three consecutive years of at least 100% growth in revenue, customers, and employee head count. Release Date: July 24, 2007Interview Subject: Elizabeth CharnockInterviewer(s): Lucy Sanders, Larry Nelson, Lee KennedyDuration: 17:34
Audio File: Download MP3Transcript: An Interview with Eileen Gittins Founder, President, and CEO, Blurb, Inc. Date: July 10, 2007 NCWIT Interview with Eileen Gittins BIO: Throughout her career, Eileen Gittins has been at the intersection of the Internet, consumer and enterprise software, imaging systems, search, and digital photography. A passionate advocate for enabling technologies that offer new ways to do valuable things, Eileen is now democratizing publishing for the rest of us with her new company, as Founder and Exec Chairman of Blurb, a software and services company that passionately believes in the power of books: making, reading, sharing and selling them. Eileen is also the Co-Founder and CEO Bossygrl. Eileen has served as CEO of several pre-IPO venture-backed companies in Silicon Valley, including Personify, an e-commerce data mining and analytics company; and Verb, a context-based search engine company. Each was acquired by Accrue and Attenza, respectively. At Qbiquity, a viral marketing platform company, Eileen served as Board Chairman and interim CEO, where she was instrumental in negotiating the merger of Qbiquity into Collabrys. As a CEO, she has raised over $40M in venture capital throughout her career. Most recently, Eileen served as interim executive management at Viant, a San Francisco-based investment-banking firm in the technology and media sectors. Eileen has also served in executive positions at Wall Data; Pivotal Corp, an Eastman Kodak spinout; and Kodak's Business Imaging Systems. Previously, Gittins was vice president and general manager at Salsa Products, a division of Wall Data, where she created a 100-person department and launched 17 product lines. She was also co-founder and vice president of marketing at Pivotal Corporation and held various sales, marketing and management positions with Eastman Kodak's Business Imaging Systems Division. Gittins completed her undergraduate studies at the University of California at Berkeley and San Francisco State University and graduated magna cum laude with a B.A. in art (photography/digital imaging emphasis). She has also completed the Stanford Executive Management Program. Lucy Sanders: Hi. This is Lucy Sanders. I'm the CEO of the National Center for Women and Information Technology, and this is another interview in a series of interviews that we're having with fabulous women IT entrepreneurs, women who have started just the most amazing companies. With me is Larry Nelson and Pat Nelson from w3w3.com. And today, we're interviewing Eileen Gittins, the founder, president, and CEO of Blurb. Hi, Eileen. Welcome. Eileen Gittins: Thank you for having me. Lucy: And Larry, welcome. Why don't you say a few words about w3w3.com, since this podcast will be hosted on your site as well as the NCWIT site. Larry Nelson: Well, I'll tell you what, it's really a pleasure. Lucy, you and your team have lined up some magnificent IT entrepreneur heroes, I guess would be the right way to put it. It's our pleasure on w3w3.com because we are just an all‑business, primarily high‑tech business radio show, where we archive anything. So we'll have this up for a long time at w3w3.com. Thanks. Lucy: Well, Eileen, welcome. We're really happy to have you here and to get your thoughts on entrepreneurism. And before we start, I'd like to hear a little bit more about Blurb. It's a fascinating company, a print‑on‑demand book business. But it's ever so much more than that. Really, investigate your website, it seems like it's a community site. It's a site for people who like to create books and read books and share. So, why don't you just tell us a little bit about Blurb? It's a company that you've said was possibly your most fun company. Eileen: Well, I think you're doing a great job. You're right. Blurb is more about a community. So we are a creative publishing service that enables anyone to create a book, market that book, distribute that book, and perhaps even profit from that book via our service at blurb.com. So there are three components to the service. The first is free software. It's called Blurb BookSmart. It's purpose‑built to enable folks like us, who may not be book designers, to focus on our content. So it's a drag‑and‑drop kind of metaphor. There are hundreds and hundreds of page layouts and themes, backgrounds, borders, custom illustrations ‑‑ a whole grab bag of cool stuff that you can do to really make your book look professionally published. We've hired book designers ‑‑ not just graphic designers, but actual book designers out of the industry ‑‑ to help build out all of the page layouts and themes for this application. So then you can import your photos, your blog, your cookbook, your recipes, your story, your poetry, whatever your expertise is, into these page layouts. And when you're ready to rock and roll, you hit the preview button, you take a look at it, and if it looks great, you then upload the book file to blurb.com, and you get your book back in about seven to 10 business days. Larry: Wow. Eileen: You can order just one copy, or we're delighted if you'd like to place an order for tens or even hundreds. Prices start, for a seven by seven book in a soft‑cover edition, at $12.95, for a 40‑page color book. I will tell you that, for your listeners who may on occasion have to run down to Kinko's or your favorite color copy shop, you can barely print four or five pages for that price, let alone a 40‑page, beautifully produced book for that amount of money. We have four book sizes at the moment: so the 7X7, 8X10, 10X8 ‑‑ so that's landscape or portrait ‑‑ and then a big book, which is our 13X11‑inch book. And all of these are supported with templates and themes. Once you get your book back, then the very cool thing about Blurb is you automatically get a free bookstore. And you can keep that private, meaning only you can buy a copy of your book. Or you can share it with friends and family. You can send a link out, so it's still a private bookstore, but shared with people that you know. That's particularly useful if, say, you're doing a family book, maybe a baby book or a wedding book or something, and frankly, you like to not be in the post office business or the bank business, meaning you'd just as soon not have to collect money and ship books to everybody, and you'd much rather them be able to come and look at the book themselves and decide for themselves if they want to purchase a copy. And then, finally ‑‑ and this may be of great interest to your listeners because I think this is really turbo‑charging our business right now ‑‑ one of the challenges for people who are interested to make money on their books is, in the traditional book publishing and distribution process, there's a lot of people who need to get paid in that food chain. And so what Blurb has done is said, "You know what? If you make your book using Blurb, you can market it for free in the bookstore." You can put your blurb about the book up. You can have a free book preview. You can now bookmark it and send that out to a number of different locations, like del.icio.us and Digg it, and say, "This is a really cool book." You can have Blurb badges, which are little widgets that you can put on your blog or your website that promote your book, and when people click on them, it takes them automatically to your book in the bookstore. And then, here's the cool part: you can set your own price for the book, and you keep 100%, the uplift. Lucy: Wow. Eileen: Yeah. And then, finally ‑‑ very finally ‑‑ you mentioned community. You will be seeing from Blurb in the near future all kinds of very cool new community features to enable people to share ideas and share tips and tricks and to help each other, as well as a profile so that you can kind of get a feel for who are the people that you're talking to. All kinds of very cool new community features coming up from Blurb. Larry: Well, Lucy, I've got to get going because I'm going to go home and finish my book. Lucy: Larry is an author. This is definitely one of his favorite interviews. He just loves it. I mean, lots of really cool features. And the other thing I liked: you have some great vocabulary. I'm an observer of words. And so, Blurberati? Eileen: Yes. Lucy: Blurbarians. Eileen: Yes, the Blurbarians. Lucy: Blurbarians. Yeah. Eileen: Blurbarians, the Blurberati. And of course, we've made Slurpers, and Slurpers are tools that will enable an end‑user to get their content in there. So, for instance, if any of your listeners might have their photos on Flickr, we've built a Flickr Slurper. What's so cool about that is, as you may know, when you typically post photos on a photo community, they're down‑sampled for screen resolution ‑‑ usually 72 DPI, which is not so great for book printing. So what the Slurper does is we have written to a commercial API from Flickr, so we're able to grab the high‑res version for you automatically, bring that into your little workspace in the application, so that then, when you drag and drop those images into the book, they're the resolution that you need to print, big and beautifully. Lucy: Fascinating. We could probably talk for Blurb for the whole interview. But I suppose we should start the interview. Larry: Yeah. I've been hearing all this. A question that Lucy generally gets to ask, I can't help but wonder, how did you first get into technology? And by the way, is there anything cool out there that you feel is out in the marketplace today? Eileen: Yeah. How did I first get into technology was actually through photography. Larry: Ooh. Eileen: So I'm a photographer. And I worked for Kodak for many years. I have a degree in photography, I used to teach photography, and I've been a custom printer, blah blah blah. And what's so fascinating about photography ‑‑ and I'm talking traditional photography, film‑based, darkroom‑based photography ‑‑ is that it's really the intersection of art and craft and technology. I mean, understanding shutter speeds and apertures and understanding chemistry and understanding the process of silver halide and what happens with a developer and with fixture and reciprocity failure and all those things that are the more technical aspects of photography are what made me appreciate that I am actually one of those people who lives at that intersection between the creative mind and the technical. And so I'm consistently drawn to things that give me that opportunity to marry those two things together. And when you think about software ‑‑ in particular, applications software that consumers and end users and normal people use, not big, enterprise‑class, back‑end kind of things ‑‑ that is exactly that, right? That is, how can we apply technology to enable mere mortals to either get things done more efficiently than they could before, get things done at all that they couldn't do before, or in the case of Blurb, some of both, right? I mean, for the very first time ever, really ‑‑ I mean, think about it, ever ‑‑ could I make a book that looks like a book that you'd buy at Borders for $20, and it's four‑color and laid out and designed and beautiful. When I think about the application of technology to enable people to unleash their passions, to do more with less and to just enjoy life is really what gets me out of bed in the morning. Lucy: And I think that you've partially answered our next question. You are a serial entrepreneur. And certainly, as the founder and CEO of Blurb, you continue to be entrepreneurial. What is it about entrepreneurship that makes you tick? Why are you an entrepreneur? Eileen: Because I'm a builder. I like the creation aspect. I mean, there's nothing that gets me more excited than seeing an opportunity that's not yet there, [laughs] and where I can see it, I can see a market, I can see a convergence. I see patterns. And I think a lot of entrepreneurs train themselves this way. I know I didn't wake up one day and just all of a sudden saw patterns. Over the course of many years, I think I've trained myself to look at those convergences. And sometimes you just see patterns emerging, and you see gaps in the marketplace, and you just think, "Wow. That's big. That's really interesting. That's a problem that I'm having, or that other people are having, and I need to go and figure out why hasn't it already been solved." And then, once I've figured that out, then it becomes about the economics, right? Because there's two parts to it. It's not enough to have a great idea. It's important to have a great idea for which there is a business need and a business application and a market that you can efficiently reach, with economics behind it that are going to enable everyone to have a nice payday as a result of investing your energy. And so I just love solving puzzles. I mean, I just really am one of those people who likes to look at what's not there yet that should be. Lucy: I think it's great to compare entrepreneurship with being a builder. Larry: [laughs] Yeah. Lucy: I think that's a really nice analogy. And on your path as an entrepreneur, I'm sure you had role models or mentors. Who influenced you the most, or what influenced you the most, on your career path in entrepreneurship? Eileen: Can I go back to your last comment before I answer that one, the builder comment? Lucy: Sure. Eileen: By the way, I'm married to one... Lucy: Oh. Larry: [laughs] Eileen: Who actually is a builder. And we talk, in software and in the IT world, of course, about things like architecture all the time, and blueprints and project schedules and all that... Lucy: That's right. Eileen: And I find that the analogy is maybe more perfect than any other single one I can think of. What we are doing and what other entrepreneurs in the IT world do is they imagine the building that's not there yet, right? And what should it be? And what's its function? And who should it house? And then how does it grow over time? And does it need to have additions? And does it need to be architected in a way that it will support a third story, even though that's not there yet? So all of that level of abstraction, the technical level of the engineering, and then coupled with the aesthetic beauty, which one hopes results from the actual building that's built, is very analogous, I think, to software development, and, in fact, to Blurb itself. So yeah, I think I am a builder. And I'm also married to a traditional builder. All right. So then, the follow‑on question was about mentors and who influenced me along the way? Lucy: Right. Eileen: Well, there are two things. One is I was in college, and I was working my way through school, and I had a night and weekend job at a big, fancy department store out here in San Francisco. And I was selling men's designer clothes or some such thing. They paid me well on Sundays, right? Yeah. I mean, I worked my way through school and didn't pay off the last student loan till I was 30. That was my opportunity. I had to put myself through school. So here I am, working at this store. And they had a management training program, which is, for any person who works at the store who's getting a college degree, they invited you to interview for a job, basically, as a management trainee for the company. Well, I will tell you that I really didn't want to go into retail. That wasn't really my aspiration. But hey, I was just delighted that somebody wanted to interview me and that somebody might potentially want to give me like a real job that I went down to the big hiring office in San Francisco and ended up interviewing. And I will tell you that the net result was I was not hired, because I was not considered management material. And I will tell you that I am one of those people ‑‑ and I think there are many people who are entrepreneurs who are like this, who are naturally competitive. The minute someone told me that I was not management material was the day that I decided that I was going to be the CEO of a company. Lucy: [laughs] "I'll show you!" [laughs] Larry: There you go. Lucy: Yeah. Eileen: I mean, seriously. So that was the first thing that happened. And then, on the positive side, my very first manager at Kodak was a wonderful woman ‑‑ actually a woman, which was interesting at the time ‑‑ and she was the person who taught me the most about the value of team and the value of people in building not only a great life but a great career. And I came in thinking I was God's gift to Eastman Kodak Company. And in the nicest possible way, she reminded me that I was brand new, and that there were a lot of people around who knew a lot more than me, and that I would be wise to be a bit of a student, right? And I took that very seriously. And to this day, I remember her often. In fact, there was recently an article written about Blurb, a really nice piece in "USA Today." And I got an email from her. And I haven't talked to her in years. And I got an email from her, and I felt like I was back at the student level again. Larry: That's fantastic. Let me ask you this question, Eileen. You've had so many neat little successes ‑‑ little and big successes ‑‑ along the road. What was something along the way that was a challenge that you were not able to overcome and you were forced to learn to live with? Eileen: So, wonderful question, because I think you do learn the most from your failures. Gosh, there have been many failures. In fact, I will tell you that life in a startup is a series of them. We talk now about "fail fast" as a new mantra for building our business, and our whole goal is to get things up and expose them to real people, and identify the ones that fail quickly and reinvest in the ones that succeed quickly. And so, just as a mantra, I think, at some weird level, it is all about failure and learning from that. On a personal level, a couple companies ago, I had a board that, frankly, I learned the lesson of "choose your board members very well." Larry: [laughs] Eileen: Now, you don't always have the leverage to do that. As a first‑time CEO, sometimes you inherit VCs and you inherit a board and you just inherit things. But what I learned from that experience is, if you don't have shared values with your board ‑‑ and I mean both on a personal level, frankly, and on a company level; what is the company trying to achieve ‑‑ then, at the end of the day, frankly, the board holds the tickets, right? You don't. And at the end of the day, they can make other decisions. And in the life of startups that are VC‑financed, even though you may think it's your company, in order to get that financing, you've had to give up ownership of the company, so it's not your company anymore. You may put in the insane hours each week and feel like it's your company, but literally, it's not your company. So there was an occasion where, in a past company, there were a number of companies that wanted to buy us ‑‑ big companies, big money ‑‑ and I was advocating that the market was shifting and that we should take one of those offers. And we, frankly, had a board ‑‑ and understandably, at the time. This was big IPO‑fever time, back in the day. And they really thought we should hold out for an IPO. Then, of course, it very quickly became I was the person who was in favor of selling and so needed to move on and find somebody else who really believed in the company and believed in the IPO. So there I was, no longer running my own company. Very tough lesson to learn. Lucy: It is a tough lesson to learn. Eileen: Yeah. But you know what? I did learn and I have great respect, now, for the fact that investors invest in companies and they invest in momentum and they invest in people. At any given time you really do serve at their pleasure to some extent. Don't think that your vote counts the most, because it doesn't. So you have to really choose people with whom you have great trust and great rapport. They have confidence in you and you in them. Then it's like any marriage, you need great partners. Lucy: Well, and that's terrific advice. I'm wondering if you have any other advice if you were in a room talking to a young person thinking about entrepreneurship, being an entrepreneur. What other advice would you give them? Eileen: And I do this all the time, as a matter of fact. I serve as an advisor to a lot of early stage companies. The number one thing is, "Do something you're passionate about." Life is too short to do something that is just for money for just for job or just for ego. Do something you really love. If you love it, it's funny how we all tend to be good at the things we really love to do. So there's a happy convergence there. Find something you love and figure out how are you going to make a business or how are you going to make money from doing the thing that exists that you already love to do. Larry: Boy, this is a great segue right into my next question. That is, if you were to take all the different characteristics, both on a personal and a professional and if you were to select one characteristic about yourself that makes you successful, what would that characteristic be? Eileen: I think I'm a good judge of people. Because at the end of the day, team is everything in an early stage company. I will argue in a later stage company, too. In particular in an early stage company where they may only be one or two people in a given discipline. Boy, they better be the right one or two! Because you don't have 40 you got two, right? [laughter] Eileen: I think being able to judge people well, to be a good judge of character. To be able to motivate people, recruit people and identify good people, just have a good sixth sense about that. I think that's probably my strongest suit. Lucy: We've heard the theme of really emphasizing team before on this series. Certainly being a good judge of people is absolutely mandatory to building a good team. Larry: [laughs] Yeah. Yeah. Is that a fact? Lucy: Absolutely. I just love, by the way as an aside, personal characteristics. I love that phrase "happy convergence." I just have to tell you, too, I think you have a great way of putting words together. Eileen: [laughs] Well, maybe I'm in the right business then. Lucy: Yeah, I think you have a great way of putting words together. I want to shift a little bit to your personal life and how you bring balance between your personal life and your professional life. You're obviously very busy in both spheres. Eileen: Yeah. The first thing is I'm really fortunate to be married to a wonderful man who is my best friend. Who keeps it real, as they say. [laughs] He reminds me I am not the boss of him. Lucy: [laughs] I know one time my son said that to me. "You are not the boss of me!" Eileen: "You are not the boss of me." You know what? Everybody needs that in their lives. I go around here and, of course, I am the boss of people, right? So you need somebody in your life, and hopefully somebody in your close immediate family who reminds you that, "That's your professional life and now you're home." Lucy: [laughs] That's right. Eileen: "And that's not how the rules are played here," in the kindest and most loving way. I think that a big part of it is that I have that balance with my husband who plays that role for me. The other things though are, a couple. One is, I do think it's really important, especially when you're founding a company. It can be all consuming. I suffer from this as much as the next person. You just have to find a moment where you do something completely different. For me right now, when I was younger I used to swim competitively. We could have a whole conversation about that and team building and being sports minded and all that. But I was a serious swimmer, I was one of those insane people who swam two hours in the morning and two hour every night and was a nationally ranked swimmer. Then life intervenes and you get involved in other things and pretty soon you realize, you're not in shape anymore. You're not physically fit. You're not, hopefully, totally overweight or anything, but you're just not fit anymore. So a few months ago I just decided it's about making a decision to become fit because you can always find the excuse. I don't care if you're a CEO or a full‑time mom or even just somebody who you'd think would have all the time in the world. It's not about time. It's about making the decision. So I went back into a pretty rigorous physical fitness regime a few months ago. It's time that I know that I'm doing something good for my long‑term health, my well being. I feel better, I look better, I sleep better, my stress levels are better, everything is better! Right? Larry: I [inaudible] better. Eileen: It's just, you've got to make a decision about doing something that's not work. That is improving balance in your life. For me, that's been it since last October. Larry: Wow, I tell you, that is a wonderful answer. I was guessing ahead of time since your husband is a builder and you're a builder. I thought maybe the way you did this balance was probably building a Lego library or something. [laughter] Larry: Nonetheless, you've accomplished a great deal. You've got a lot that you're going to be doing with Blurb, but outside of Blurb what is next for you? Eileen: Boy it's hard to think outside of Blurb when you're in it like this. Probably another one. I am not going to be one of those people who, even if I financially did really well, that would mean I'd be going and hanging out on the beach. That's just not me. Something else will capture my attention and I'll go do it. I'll tell you a couple of areas that are interesting to me. One is education in this country. I'm very interested in how some of the things that I've learned along the way, maybe even some of the technologies like Blurb and others can really inspire and motivate young people to want to learn in different ways. In an earlier life I thought maybe I'd be a teacher. But again that doesn't have the leverage that I want and I think I've accrued some knowledge along the way that can be better leveraged. So very interested in education and how I may be able to apply myself to help move that needle. Lucy: Well that would be wonderful. At NCWIT we care a great deal about K‑12 education and computing technologies. It's rather circular. You can use information technologies to improve education about computing maybe. [laughs] Larry: There's an idea. Lucy: There's an idea. Eileen: Yeah. No. It's really true. In fact I'll tell you, even with Blurb we've made a point of going and meeting with schools. I went back to my high school. Met the now principal who was a teacher when I was there who remembered me, God forbid. I'm going to be teaching a class there in September on publishing. Lucy: Wow! You'll have to do another interview and find out how that goes. Eileen: Yeah! Larry: At she won't have to study for it. Lucy: Eileen's return to school. Fabulous! Eileen: Eileen's return to the principal's office. Lucy Sanders: No! Don't you dare go to the principal's office. Eileen, we really appreciate you taking time today to talk with us about yourself and your career and also about Blurb. It's been really, really interesting. I want to remind listeners where they can find this podcast. They can find it at www.ncwit.org and w3w3.com. Pass it along to a friend. Again, Eileen, thanks a lot! It was really, really interesting. Eileen: Listen, my pleasure. I'm honored to have been invited. So thanks again. Lucy: Thank you. Larry: We'll call on you soon. Eileen: Cheers! Lucy: Cheers! [music] Series: Entrepreneurial HeroesInterviewee: Eileen GittinsInterview Summary: Eileen Gittins wanted to create a beautifully designed and produced photo essay book, something that looked like a book you'd buy at the bookstore, but she only needed 40 copies. This turned out to be remarkably painful, expensive, and time-consuming, and she thought that was just wrong. So she founded Blurb. Release Date: July 10, 2007Interview Subject: Eileen GittinsInterviewer(s): Lucy Sanders, Larry Nelson, Pat NelsonDuration: 25:00
Audio File: Download MP3Transcript: An Interview with Donna Auguste Founder, Leave a Little Room Foundation Date: June 26, 2007 NCWIT Interview with Donna Auguste BIO: Donna Auguste founded Freshwater Software, Inc. in 1996 to provide companies with tools that would help them monitor and enhance their presence on the Internet. She served as CEO of Freshwater until she sold it in 2000 for $147 million. She went on to found the Leave a Little Room Foundation, LLC, a philanthropic organization that helps to provide housing, electricity, and vaccinations to poor communities around the world. Even as a young girl Donna's interest in technology and engineering was clear; she used to take apart household appliances just to see how they worked. With support from her family she attended the University of California at Berkeley, where some male students refused to work with her on project teams and one professor told her that she had been allowed into Berkeley only because the admissions standards had been waived. However, Donna earned a bachelor's degree in electrical engineering and computer science from Cal and went on to become the first African American woman in the PhD program at Carnegie Mellon University. Prior to founding Freshwater, Auguste was senior director for US West Advanced Technologies, where she met Freshwater co-founder, John Meier. Together they developed Freshwater from a tiny start-up into a multi-million-dollar company with Fortune 500 clients and a suite of recognized products such as SiteScope, SiteSeer, and Global Site Reliance. Early in her career Donna worked at Xerox and was part of the engineering team at IntelliCorp that introduced some of the world's first commercial artificial intelligence knowledge. She also spent several years at Apple Computer, where she was awarded four patents for her innovative engineering work on the Apple Newton Personal Digital Assistant. Although project-development teams often are made up of people who share similar backgrounds, Donna has always sought to create diverse teams for her projects. She says her style comes from her Creole background and from growing up in Louisiana and Berkeley, where diversity was an important part of the culture. Lucy Sanders: Hi, I'm Lucy Sanders. I'm the CEO for the National Center for Women in Information Technology, or NCWIT, and this interview is part of the series of interviews that we're doing with wonderful IT entrepreneurs, people who have fabulous stories to tell. We are going to talk to them about their lives, their work, their passions, everything. We want to get inside of their brains and understand what makes them tick. Larry Nelson is here with me today from W3W3, as we interview Donna Auguste. We are very thrilled to be here in Donna's home with this interview. She lives in a very lovely neighborhood in Denver. I think, as many of you know, she's not only a wonderful entrepreneur but also a social activist. So Donna, welcome. Donna Auguste: Thank you, thank you very much. I'm glad to be here. Lucy: Larry, good to see you again... Larry Nelson: It is always a pleasure, and we are so fortunate just to be able to meet, let alone talk to and interview, some of the sharp people from all over the country. You just happen to be in our backyard. Donna: Yeah. Larry: This is really super. At W3W3.com, we call ourselves the voice of the Colorado technology community, so you fit right in. Donna: Well, thank you. Lucy: So Donna, you have a really diverse background. You are a serial entrepreneur, having started Freshwater Software. You also have worked in large corporations as an entrepreneur, at Xerox PARC, at Apple, and even at Bell Labs. And you've also started a foundation called the Leave a Little Room Foundation, which really emphasizes giving back and global outreach. So, you've done a little bit of everything. I'm really excited to talk to you about entrepreneurship. I think maybe with that our first question will be: how did you first get into technology? You have an extensive technology background. And what technology do you really look at as being cool today? Donna: I first started out interested in technology when I was a kid and the Apollo space missions were broadcast on television. Lucy: Ah. Donna: I was just riveted. When they would show the mission control room, I'd get close to the TV as you could get just checking out all of the details. From that point forward I knew I wanted to be involved in computers and technology and emerging science. Lucy: Well, I think space exploration is fascinating. In fact, some people have said today that that type of grand challenge in computing could spark a whole new revolution of computer scientists and technology innovation. Larry: Yeah, that's absolutely right. You know, one of the things that you brought up that really motivated you to look into it and then really get all revved up about it, we don't seem to have that out in society today for the young people to get to. I don't think we could call electronic games the answer to that. Lucy: It's an excellent challenge. Larry: That's right. Donna: There are some cool technologies out there. You're right— they are different in terms of the degree or intensity of inspiration. For example, renewable energy is an area I'm very interested in. That's an area where I think the coolest solutions will come with the generations who are coming behind us. They are going to be looking at the use of solar, the use of wind, and the use of hydrogen in ways that we haven't even thought of yet. Larry: That's a fact. Now, with all this as a backdrop, what is it that ever compelled you to become an entrepreneur. Donna: To become an entrepreneur... Well, I like inventing solutions to problems. That's something I've always been very curious about ‑ not necessarily looking for obvious solutions, but looking for effective solutions. And I like lateral thinking. I like to do lateral thinking puzzles. I like to do lateral thinking just when walking around visiting businesses or parks or other places. I'm always thinking about how things could be done differently. How could something be looked at in a different way? Since I do that for fun, I thought it would be great to do that for business. Larry: Isn't that a fact? Of course, over the years we've seen you on different occasions get some neat awards. I know that's always nice. It's nice for you and it's nice for your team. But what is it about entrepreneurship that really makes you tick? What's that push? Is it the other answers, or is it something else? Donna: I would say what makes me tick is the lateral thinking. Because there's always something new to discover, a new way to think about it that may not be obvious from the start. Once that starts ticking in my brain, I usually can't shut it off. Lucy: I wanted to follow up on that because the entrepreneurship we often think about is starting new companies, which you've done. But I also think there's entrepreneurship inside of large companies. Looking back, say, at your experience at Apple, what can you say about differences between entrepreneurship in a large company or outside of a large company? Donna: They're very similar. The problem solving techniques are very similar. In fact, the entrepreneurship is almost a day‑to‑day kind of experience. I'll give you an example from the Freshwater days, which was a small company environment. The particular problem that we were looking at one point was something that could come up in a lot of different situations. We were moving into a new building, and the move date was fast approaching. Talking with the local telephone company, the T1 line we would need in order to run the business was not going to be turned on in time. They had promised us that day, we had set up our move, but it wasn't going to happen. Lucy: Those darn people with those T1 lines. Larry: Yeah, right. Donna: And we were running an Internet business. We had to have a T1 line or we weren't going to be in business. Lucy: Nope, you sure weren't. Donna: So, we were stuck. It happened that across the parking lot from our new building was another building. In that building was a small business that was going to be shutting down. Unfortunately they were going out of business. I walked over and I talked with the person who was closing up shop over there. I said, "Do you all have a T1?" He said, "Yeah, we do, but we're going to be turning it off in a couple days." I said, "OK, hang on a second!" Larry: So, he got you a deal. Donna: Right. I said, "How about if we hook up to your T1 and then we'll pay the bill until our T1 comes on." He said, "Well, we're across the parking lot. How are you going to do that?" I said, "Well, you have a ceiling and we have a ceiling." We actually ended up wiring through their ceiling and through their roof, and with the permission of our landlord, across the parking lot. We dropped it down into our roof and our ceiling. We hooked ourselves up to their T1, and that's what we ran on until ours came through. Lucy: So, it's that same kind of problem solving. You have to really scrap and look for solutions to all kinds of issues. Donna: That's right. Lucy: Along those lines, we were interested in understanding who influenced you or supported you on this career path. Most people have role models, or at least either people they know or people they don't know who they admire from afar that really influenced them. Perhaps you could share some of that for us. Donna: The strongest influence in my life, as you've heard me say at awards ceremonies and other events, is God. When I receive an award or any recognition, I always try and make it a point to have people understand that this is for the glory and honor of God. Everything I do is only for the glory and honor of God, and only through the grace of God. So, the credit is not mine and the influence is not my own. It's the influence of God, my family, my church community ‑ all of those shaped me from my earliest days and continue to shape me all the time now. Larry: I want to congratulate you. Now, with all the different things that you've been through, some of them very exciting like the T1 line that you were talking about, what is one of the greatest challenges that you've faced as an entrepreneur? Donna: I'd say the single greatest challenge has been learning to trust my intuition, especially when the stakes are high. During the years when I was growing up, I learned to pay attention to my intuition and to factor my intuition in my decision making process along with other sources. Learning to trust my intuition when the stakes were really high was much harder. When my business was on the line, my payroll was on the line, and my customers were on the line, I was more inclined to just grab onto other people's advice instead of listening to my own heart. I'll give you an example, and this is one that got a little heated. In Freshwater's earliest days, my board of directors advised me ‑ and these were investors in my business, so I needed to listen to these folks ‑ to really focus on building brand. I wasn't nearly as interested in building brand as I was in building a revenue. I was thinking that we needed customers and we needed money coming through the door. They were saying, "No, we've cultivated many, many, many businesses in the past. What you need is to get your brand in position and to get yourself established as a leader in your space." Well, I didn't do that because it didn't feel right. It seemed to me that although the priorities for Internet companies at the time were not emphasizing revenue, I thought our priorities should emphasize revenue. So, we decided that we had better get busy generating revenue and getting some customers in the door. And it's a good thing we did that, because a little while later the rules changed. Fortunately, we were profitable by then. Larry: Very good. Lucy: Wow, listening to your intuition is an important thing. Do not get away from that. I think that's great advice for sure. Larry: Yes. Lucy: And speaking of advice, one of the things that we really hope to do with this series is influence people to think about entrepreneurial careers. If you were sitting here with a young person, what kind of advice would you give them about entrepreneurship? Donna: I would suggest three things. There are three things that I keep in mind, so I would share those with others to keep in mind. The short version of those three is first passion, second is self‑discipline, and the third is tenacity. I'll tell you what I mean by each of those. In terms of passion, it's important for each of us to know the source of our passion. It's important to know the source of our strength, the source of our intuition, the source of our values and our faith. And to be able to turn to that source, especially when we need direction and we need to make tough decisions, because self‑discipline comes in. Do the homework. You have to do the homework. You have to do preparation. You have to sit down and figure out and study and examine the areas that require analysis, so that you could make an informed decision when you need to. And the third, in terms of tenacity, is being persistent. If the door you need to get through is closed and locked, scout around until you find an open window. Just figure out a way to keep moving forward. And sometimes two solutions merge in the most unlikeliest of ways. Lucy: Well, Larry and I hear this theme of persistence a lot. Larry: All the time. Lucy: A lot. And sometimes it's persistence. Other people put words like relentlessness on the table. Donna: I find that there's a very thin line between being persistent and being a pest. It's OK. Sometimes you have to drift back and forth across that line. Lucy: Well, I certainly find now as a nonprofit CEO, that frequent reminders really pay off with people. It works pretty well. Larry: One of the things that you had mentioned (your little checklist of three: passion, self‑discipline‑‑doing the homework, tenacity or persistence) and I think one of our past presidents, Calvin Coolidge said, "Persistence is omnipotent." So, I think that there's a little bit of power there. But what would be your three characteristics that made you a successful entrepreneur? Donna: I would say those three. I'm passionate myself. And if I'm going to do it, I'm going to all out. And because the source of my strength is my relationship with God, I tend to that relationship. It's very important; I give it a lot of priority. I give it my time. I give it my attention. Prayer is very important to me, and taking the time for prayer is something that rates high on my list. It comes before many other things that can fill up a day. Prayer is where I start. So, that passion is a big part of me. Self‑discipline is part of it. As you know, I'm a musician. I'm a church musician, and I play bass guitar primarily. Practicing my bass guitar, practicing fundamentals, practicing the new and cool and fun songs, it's all fun. It's all enjoyable. And all of that is necessary to lay the groundwork before you go and play an instrument, for example, for the congregation. In terms of tenacity, all of my performance reviews and all those big companies you've listed that I've worked at, year after year after year, my performance reviews, my manager would always say, "very tenacious." I don't know if that's good, or if that's bad. But she's very tenacious. Lucy: I think that's good. Larry: Yeah, I do too. And I've talked to some other business leaders around the area who know you. And they use words like that, "she's tenacious." Yeah. Lucy: I think that's wonderful. Larry: In fact, I think, Lucy, I think you said, "She was relentless." Maybe not. Lucy: No, no. Not me. Not me. Although I am curious to understand more about your foundation, the Leave a Little Room Foundation, because I know that's where a lot of your passion is right now. So can you give us a little bit about what your foundation does? Donna: Absolutely. I'd be happy to. The Leave a Little Room Foundation is based on a very simple premise, that it's a good idea for people to come together and share the different ways in which we've been blessed. One person might have one talent. Another person might have a different talent. Another might have a resource. And if we come together and share our blessings and leave room for God to do what God can do in the midst of all that, then amazing things happen as a result. So, the concrete ways in Leave a Little Room, we do work in Tanzania, Kenya, Ethiopia, Eritrea, and Uganda. We do different kinds of projects in those countries in East Africa. We've built schools. We've helped to staff and supply hospital clinics. We've put up solar electricity systems, solar powered vaccine refrigerators. In Mexico, we've also tried... It's a little closer to home, where we build houses for people who were living in shacks. And their families, who are doing their best, in terms of working and surviving, but the housing they have available is made of tarp and plywood and, maybe, car parts. And so we go in and over the course of a few days, we build them a new house from the ground up. And it's a wonderful transforming experience each time you do it. Lucy: And did I read that you were also doing some work along the Gulf coast, post‑Katrina? Donna: Yes, we have. And we will continue doing that work there as folks there rebuild. We've been down to Pasqualla, Mississippi as well as to the New Orleans area to help folks scrape out their housing, scrape out rotting wood, floors, walls, and put in brand new components in their house. Lucy: I'm sure that the people are most appreciative of it. I mean, having been from Louisiana myself, we've taken some students down there to do some work in the Ninth Ward ourselves. And this is kind of a transition for our next question, although it sounds like you're very busy person... Larry: Boy, is that a fact. Lucy: We are curious to know how such successful people really do balance their work and their personal lives. Do you have any advice on that? Donna: Well, a couple of things that comes to mind. One is because I'm a technologist on the one hand and a musician on the other, those two activities in my life, which I invest a lot of time in, balance each other in a lot of ways. A left‑brain, right‑brain kind of balance. But also working diligently and attentively head‑down on technology is very different than practicing music as a part of a band and a choir and being out with our community at church, administering to people through gospel music. Those two balance each other. And then the other aspect for me is prayer. Prayer calms me, and recharges me, and pulls me away from the busy activities of day‑to‑day life. To take a walk and view and think about what's important. Larry: You know, Donna, you've done so much and these are nowhere near even your most important highlights, but from Apple to Freshwater Technologies, A Month Ago Labs... Lucy: A Month Ago Labs? Larry: Yeah...and all the other important things. And here you've got this wonderful foundation, Leave a Little Room. You've done so much, and I know you're going to be doing more work here. But what's next for Donna Auguste? Donna: Well, next is everyday and each day that follows. Whatever the Lord puts before me, that's what I do. And one of the cool things about it is God doesn't have any limitations in terms of interesting and exciting things going on in the world. So, what I've called to do from one time to the other can be new and different in each case. The challenge for me is when I'm getting involved in something where there is an area that's unfamiliar to me then that self‑discipline comes back in. I sit down and I do my studying and I do my research. I do my homework so that I can understand enough to ask lots of questions, listen to people, and learn from others. And then move ahead and get it done. Figure out how to get it done. Larry: Fantastic. Lucy: So, you may start another technology company. Larry: Let's start that rumor. We're good. I'll sign up. Lucy: I'll sign up, too. Donna: Actually, there is a very specific project that I'm working on, and it brings together a number of different facets of projects I'm involved in. And it is called Skills 24/7 dot com. It is an Internet video‑oriented type of project. And the idea is that within this environment of Skills 24/7, anyone that is looking to learn in a certain topic area, or a certain subject matter can visit this website and look for video clips that teach on that topic. Larry: Oh, wow! Donna: And the video clips are between five and 15‑minutes in length. And they cover a very specific area of each topic. And when you put them all together in a broad sweep, they'll cover a wide range in each topic. Lucy: Fascinating. Donna: There is another company. Larry: I knew it. Lucy: I knew it. I could tell. Larry: There's no doubt about it. Lucy: Well, thank you very much. I know all the listeners really appreciate hearing this interview, and we should probably remind people where it's going to be hosted. You can find it at the NCWIT website at www.ncwit.org, also at w3w3.com. And can you give people the URL for the Leave a Little Room Foundation in case they want to hear more? Donna: Absolutely. It's www.leavealittleroom.org. Lucy: Well, thank you. This was wonderful. We enjoyed coming to Denver to see you. Thank you, very much. Larry: That's right. By the way, we should also include Skills 24/7 dot com. Lucy: Absolutely. Larry: That's lovely. Alright, and by the way, you listeners out there, would you pass this interview along to others that you think would learn from it, and benefit in some fashion? And they can tune in and listen 24/7 and download it as a podcast. Lucy: Thank you. Larry: All right. Series: Entrepreneurial HeroesInterviewee: Donna AugusteInterview Summary: Donna Auguste has had an interest in technology and engineering since she was just a girl. She used to take apart household appliances just to see how they worked. Release Date: June 26, 2007Interview Subject: Donna AugusteInterviewer(s): Lucy Sanders, Larry NelsonDuration: 17:51
Audio File: Download MP3Transcript: An Interview with Lucy Sanders CEO and Co-founder, NCWIT Date: June 4, 2007 NCWIT Interview with Lucy Sanders BIO: Lucy Sanders is CEO and Co-founder of the National Center for Women & Information Technology and also serves as Executive-in-Residence for the ATLAS Institute at the University of Colorado at Boulder. She has an extensive industry background, having worked in R&D and executive positions at AT&T Bell Labs, Lucent Bell Labs, and Avaya Labs for over 20 years, where she specialized in systems-level software and solutions (multi-media communication and customer relationship management.) In 1996, Lucy was awarded the Bell Labs Fellow Award, the highest technical accomplishment bestowed at the company, and she has six patents in the communications technology area. Lucy serves on several boards, including the Mathematical Sciences Research Institute (MSRI) Board of Trustees at the University of California at Berkeley; the Engineering Advisory Council at the University of Colorado at Boulder; the Denver Public Schools Computer Magnet Advisory Board; the Advisory Board for the Women's College Applied Computing Program at the University of Denver; and several corporate boards. In 2004 Lucy was awarded the Distinguished Alumni Award from the Department of Engineering at CU. Lucy also is Conference Chair for the 2007 Grace Hopper Conference, having served as Program Chair for the conference in 2006. She is currently serving on the Information Technology Research and Development Ecosystem Commission for the National Academies. Lucy received her B.S. and M.S. in Computer Science from Louisiana State University and the University of Colorado at Boulder, respectively. Larry: This is Larry Nelson, and I am so pleased that I'm a part of helping get this new campaign kicked off. We have with us today Lucinda Sanders. Lucinda is the CEO and co‑founder of NCWIT, here at the University of Colorado. Welcome to the show, Lucinda. Lucy: Thank you Larry. You can just call me Lucy if you'd like. Larry: Oh, I'd love the more comfortable. All right. Lucy: All right. Larry: Now this is the real kick‑off for the NCWIT Entrepreneurial Interview series. So we are just getting this kicked off. And Lucinda, you have such an interesting background. We'll get into some of that. We are going to take a closer look at what this series is really all about. I'm very excited. Let me ask this question. It's a basic, but a very important question. How did you first get involved with technology? Lucy: I first got involved in technology by learning to program computers when I was in college. From there, once you learn how computers worked and I got a computer science degree and out into industry and started to see how you could use technology and computing to solve real world problems for people. And so I would say I really came at it from a very traditional way, through the education path, and on through getting a graduate degree in computer science as well. Larry: Let me take a quick leap here. What technology today do you think is really cool? Lucy: Well, I really like radio tags. You know RFIDs? I think that technology ‑ first of all, it's very difficult, not the radio tag itself, but dealing with all the data that radio tags can potentially send when they pass readers. And so, the use of those and not just basic inventory systems, but for example, you could use such a radio tag on frozen food and then it has a recipe on it that can talk to your microwave oven and then cook the food automatically when you put the food in the microwave oven. Your radio tags can be used for lots and lots of things ‑ and fairly creative things as well. Larry: That really is cool. Now, Lucy, in this series we are going to be interviewing a number of entrepreneurs. But also, we want to take a look at the entrepreneurial aspect, because you are a Bell Labs Fellow. Let's see if we can take a look at that. How do you operate as an entrepreneur as well as what got you involved with that? Lucy: Well, inside Bell labs, I was always working on the leading edge projects and in fact, inside big companies like Bell labs or AT&T or Lucent, its often the case that small teams form that are a lot like entrepreneurial companies. Now they don't have to go out and raise capital. You don't necessarily have venture capitalists, but they do have to attract budget within the company to move the product ahead. And they frequently have small teams, really too small teams to get the product done. And they really are in many ways, entrepreneurial in nature. So, I always had those kinds of projects. For example, working on the very first risk‑based processing PBX system and operating system; all the way though Internet commerce and working on voice over IP and multimedia collaboration systems. I always gravitated toward those types of projects. I've loved them. I love them still and in fact, NCWIT is almost like that kind of a start up project. Larry: Yes, it is. Lucy: Its entrepreneurial, its socially entrepreneurial, but those kinds of projects where you don't know the answers, where it's not routine operational or maintenance, where you really are creating something from nothing and using the creative talent of people, I think, is what really excites me about that. Larry: That's one of the interesting aspects. Many people who are hearing about NCWIT for the first time, could you give us just a little overview about what it is? Lucy: Sure. NCWIT stands for the National Center for Women and Information Technology. We are really focused on getting more girls and women into information technology in its broadest sense ‑ into use of computing for all types of applications. We really work across the whole pipeline, K‑12 through entrepreneurial careers, which is one reason why we're so excited to be sponsoring this interview series with really fabulous women and IT entrepreneurs. Larry: Yes, we are really looking forward to it. I've seen the list and it's fantastic. Let me see if I could just dig a little bit deeper here, Lucy. What is one of the toughest things that you have had to face in your career? Lucy: Well, probably one of the saddest, I would say tough times was downsizing the team or shutting a location. We went through periods of time where we would buy companies and integrate them, integrate the technology, and integrate the teams. Sometimes you had to make the tough choices about which locations needed to be shut down and people had to be laid off or let go. That's always tough. You lose a lot of sleep over that kind of a decision. It's in the best interest for the business and yet from an individual's perspective, it's certainly quite difficult. Whenever I face that, I really try hard to do the right thing, find people jobs, make sure they could transfer other places or that in the local economy there were places that could take them as well. So, when we did have to face that kind of decision, we did it with as much grace and humanity as we could. But that's easily one of the toughest things that I've ever had to do. Larry: You know, one of the things that if you talk to any really IT pro or an IT one of those people who are really out there, the word mentor or role model comes up all the time. Who are some of the people in your career that influenced you? Lucy: Well, one person who influenced me that I've never met, but I modeled myself after him to some degree because he was the very first chief technology officer I have ever seen, ever heard about using that title and that was Eric Schmidt when he was at Sun. Of course, we all know he has gone on to Google, but I really liked what he did in terms of getting out there and explaining technology and how he was expansive in his thinking about technical solutions and he really was somebody who I looked at and thought, I'd really like to be a chief technology officer. In fact, I did become one and I love that role. So, in one way, I think he influenced me quite a bit although he wouldn't know me from the man on the moon. Larry: That is interesting, indeed. Lucy: He totally influenced me and I had a number of mentors inside Bell Labs that I thought were just outstanding. I think I've talked to you before how the culture at Bell Labs really supported mentoring and women and I had a number of mentors who really taught me a lot. Larry: It might not be looked at from the outside so much, but your position here with NCWIT is really just like an entrepreneur. So let's imagine you were sitting down right now talking to a young girl, a young woman who is thinking about maybe getting into a field and being an entrepreneur. What kind of advice would you share with them? Lucy: Well, so often when you are just starting something out, it's very ill‑formed because in fact is doesn't exist. And so, I guess my advice would be to just live with that. Know what you know and try to test it with everybody. Go test the heck out of it. So if you have an idea for a company or you have a way to explain what you want your nonprofit to be doing, you do your best story and then go tell it, and tell it over and over and over again, get input. And think expansively about it, because quite likely it'll be very different in a month or two months or six months as you go out and do that, but don't be afraid of not knowing the answer. I think so many people stop themselves because they can't see clearly between where they are and where they want to go. And in fact, I would maintain that that's exactly the kind of job you want, where you sit with what you have, and you make the best possible case, and you just keep improving it as you go. I think with NCWIT we have had people, not so much anymore because we are really tight on our story, we know exactly what we're doing and we can explain it in 10 minutes, you know, the famous elevator pitch, but we had a few people when we first got started who just wouldn't come along because they couldn't see clearly what it was going to be or where it was going to go. They couldn't get with the vision. So I think entrepreneurs need to be exceptional at this. Larry: I couldn't agree more. Here you are, I mean, you are busy, you travel around the country, you meet with all kinds of groups and individuals from entrepreneurs to larger organizations. How do you bring balance to your personal and to your professional lives? Lucy: Flexibility, a flexible schedule, being able to schedule things when you pretty much want to do them. So it's not uncommon to see me working until midnight; it's also not uncommon to see me taking off in the middle of the day and going to see my kids play soccer or doing what they're going to do. Was it Best Buy that had a story on the un-tethered workplace? It's not so important when you do your job and work, or where you do it, but that you do it. Now, obviously that can't get taken to the total extreme. Often you need to have schedules and meet with people and be attentive to that, but I think having that kind of flexibility in my day is what makes it all work out. Larry: Don't you go out there and jog every now and then too? Lucy: I jog all the time. I run every day, although I'm a little slower than I used to be, but I can still get out there and go a good four or five miles. Larry: Excellent. Lucy: And running's great. Gardening's great. My husband and I like to ‑ my husband's a great cook ‑ and so we like to eat. I guess that doesn't bring balance, it might bring a few pounds. Well, you know, hey. Larry: You know, I think it was just a week or so ago, I think Brad Feld said, "I think that Lucy Sanders just passed me." Lucy: He did not. Larry: Oh, didn't he say that? Oh, Okay. I thought he... Lucy: The day I pass Brad Feld is a day to celebrate. Larry: Yeah, you bet. Woman 1: I have a question. You have two boys. Lucy: Yes. Woman: So how do they look at you in the broader scope of women? Lucy: Interestingly enough, I think that kids of their age still aren't at the place where they see that there is any difference in the way people act and they don't want to admit it. The way they look at me is, I think, I'm just Mom. So we don't really talk about any under‑representation issues or anything else. Now, I would say that they are, I think they're proud of me. I think they have seen my career and what I've done, and I think that it motivates them. I could be wrong, you could interview them. Larry: Lucy, let me ask you this question. What do you feel gave you the advantage to get in the position that you're in today as well as all the way through your IT experience? Lucy: Well, I really am very relentless, not relentless in a bad way, but I go at it over and over and over until I find what I want. So I don't want to say I'm patient, because I'm really very impatient, but I'm very... Larry: Persistent? Lucy: I'm persistent. I'm very, no, my husband says I'm very relentless. Larry: Oh, really? OK. Lucy: And I am relentless in business. So I really do look at every no I get as just the first step to a yes, that they didn't mean it. Larry: Wow. You sound like Thomas Edison. Lucy: I think that that's important, I think, it has been important to me. The other thing that I think has been important to me is that I work incredibly hard. I put in a lot of hours and I have extremely high standards. And I have high standards for myself first, and I have high standards for others later. And at the same time, I have incredibly high forgiveness, so if the bar is high, then there should be a safety net and people should not be made to feel bad if they can't quite climb over that high bar. It's just that if you set it really high, then there's always going to be learning. So I think some of those perspectives have helped me in giving me a bit of an advantage. Larry: Wow. I like that. That is usable, powerful, motivating; that's really good. You know, by any standards, you have already accomplished a great deal in your life. And I know you've got a lot of things probably down the road that you'd like to do, but give me a little piece of near‑term, what do you see for yourself in the near‑term, and then maybe longer down the road? Lucy: Well, near‑term, I think, speaking about NCWIT, we have spent about two and a half years really building the foundational infrastructure for NCWIT. By that I mean we've got about 100 organizations, corporations, universities, nonprofits that are part of our alliances. We've built a technical infrastructure to support them; we've built a best practices infrastructure to support them; and project management meetings and workshops to support them. And now it's time to really start to drive the utilization of that infrastructure and to create series like this interview, series to really work on reform within our organizations. So that's in the short‑term for NCWIT. I mean, you can imagine building out a national infrastructure takes a little time. And I do think that people will commit to reform within their organizations once they see the infrastructure's there to support that. So we're at that point right now; it's an exciting time for us. The longer‑term, I don't yet know. I'm still really in the startup of NCWIT, so I'm pretty blind to everything else and I can't see that far out. Although I do know this: I really love technology. I don't think I'm through inventing technology yet, but I don't know what that looks like. Larry: We're going to follow up on that and find out. Lucy: Okay. Larry: Wow, Lucy, this was a fantastic piece of information. We're really looking forward to the series, the entrepreneurs interview series for IT and women. This is going to be just great. And what's the website that they can go to check out other stories? Lucy: It'll be hosted from the NCWIT website, www.ncwit.org. Larry: Sounds perfect. Lucy, thank you so much. Lucy: Thank you. Series: Entrepreneurial HeroesInterviewee: Lucy SandersInterview Summary: Lucy Sanders is start-up CEO and Co-founder of the National Center for Women & Information Technology. She is a former VP at AT&T Bell Labs, Lucent Bell Labs, and Avaya Labs, and holds six patents. Release Date: June 4, 2007Interview Subject: Lucy SandersInterviewer(s): Larry Nelson Duration: 13:35