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Are You Dreaming Big Enough? with Meenie Ingersoll, Co-Founder of Shift

Are You Dreaming Big Enough? with Meenie Ingersoll, Co-Founder of Shift

FromBehind Her Empire


Are You Dreaming Big Enough? with Meenie Ingersoll, Co-Founder of Shift

FromBehind Her Empire

ratings:
Length:
55 minutes
Released:
Feb 8, 2021
Format:
Podcast episode

Description

Minnie Ingersoll is an investor, co-founder, and former COO of Shift, an online marketplace for used cars. After 12 years at Google, working as a product manager and later principal with Google.org, she co-founded Shift in 2013 while she was on maternity leave. Minnie shares that she never thought she’d be a founder and in the used car industry, but the opportunity to build a business from scratch was exciting to her. Minnie took Shift from an idea to over $100 million dollars in revenue and has seen continued success with the company going public last year. After 5 years at Shift, Minnie decided to change her career once again and empower entrepreneurs as an early-stage investor at TenOneTen Ventures. We’ll chat with Minnie about how she built her emotional resilience in tough times, why communication & people are your biggest assets at work, and what truly makes a good founder when it comes to starting your own company. In this episode, we’ll talk to Minnie about: * What it was like growing up in an academic family & why she was always considered the black sheep [2:30]* Why Minnie decided to drop out of college after her first semester [4:59]* What drove Minnie to go to business school after the dot.com burst & what helped her gain confidence [8:02]* Minnie discusses her experience as an early Google employee & key learnings [11:16]* What prompted Minnie to leave her stable job during maternity leave & become a cofounder at Shift [13:58]* What motivated Minnie to start a used car business despite not being particularly interested in the industry [16:56]* Minnie talks about the early days of raising money and the initial steps the business took to prove their concept [20:46]* Why business needs to be more friendly & inclusive and how the Zoom culture we’re right now can benefit us [26:03]* Advice when it comes to interviewing based on Minnie’s experience taking Shift from 0 to 200 employees in only two years [28:15]* How to deal with difficult and uncomfortable conversations in business [34:02]* Minnie shares why burn out happens when you’re not fulfilled in your job [39:15]* The advice Minnie would give to her younger self: just chill out [41:12]* Why Minnie decided to leave Shift, move to LA, and change her career once again [43:01] * As a partner at the venture capital firm, TenOneTen, Minnie shares her advice on what makes a good founder & how to think through your pitch to investors [48:15]Follow Minnie:* Shift Instagram: https://www.instagram.com/driveshiftcars/ * TenOneTen Ventures: https://www.instagram.com/ten.one.ten/ * Shift Website: https://shift.com/ * TenOneTen Ventures: https://www.tenoneten.net/ Follow Yasmin:* Instagram: https://www.instagram.com/yasminknouri/* Stay updated & subscribe to our newsletter: https://www.behindherempire.com/ Hosted on Acast. See acast.com/privacy for more information.
Released:
Feb 8, 2021
Format:
Podcast episode

Titles in the series (100)

Behind Her Empire is focused on highlighting self-made women leaders & entrepreneurs and how they tackle their career, money, family and life.Each episode covers their unique journey and what it really takes to build an empire with key lessons learned along the way. The goal of the series is to empower you to see what’s possible & inspire you to create financial freedom in your own life. Hosted on Acast. See acast.com/privacy for more information.