This past year I
moved to Startup Land.
It wasn’t a
complete break with Ad Land, because our media technology startup is squarely
in the advertising business. Although
I’m not working in an agency, I still work with many agencies. That said – it’s different in Startup Land.
How Did I Get Here?
A couple of
years ago I decided to look for a new role at a new company. Going to another agency is always an option,
but it occurred to me that among the many technology companies in or near Ad Land,
there might be a need for someone who has experience connecting consumers with
brands.
Once In a Lifetime
First of a series |
So last year I
sought the advice and experience of some people who had funded or started new
companies anywhere near the business of marketing communications. Could I work in that space? Based on everyone’s advice, there seemed to
be three possible paths:
- Big famous VCs like Kleiner Perkins or Union Square Ventures.
- Consult for a less-funded entity, earning mainly equity in the firm.
- Go in-house at a startup already funded with $10 million or so.
The third option
was most practical for me, but there was no such opportunity at the time. Then, one day, a Digital Place-based Media
company startup called. Having done the
homework, I was ready to consider the job of CMO.
Is Startup Land Right for Advertising People?
This five-part
series should offer some insight into whether Startup Land is right for
you. It’s not right for everyone. You have to work hard, get your hands dirty
and have patience. Here are some things
to consider from today’s story.
Cowardice
is not an option. I was going to
write, “Fear is not an option,” but everyone has fears. Not everyone faces them honestly,
though. Be brave. Admit what you don’t know, and seek to learn
it by reading or – better still – experiencing different technologies. I was interested in Augmented Reality, for
example, and gave myself a crash course.
Work
your network. Talk to people
who work or have worked in a startup, or even any kind of technology firm. If you don’t know anybody, chances are that
you know somebody who knows somebody.
The point is, you have to be able to ask questions and get answers. I read a lot, and that informed my conversations,
but the conversations helped me organize my learning.
Have
good peripheral vision. A lot of
traffic flows through the intersection of media and technology, and just like
driving a car through a Boston rotary, you need to pay attention to what’s nearby. It amazes me what I’ve learned from companies
that at first glance didn’t seem related at all to what I was working on. We’ll cover that a little more in the next
post.
No comments:
Post a Comment