Client Stories

Kathryn Minshew

CEO and Founder, The Muse
1 min watch · September 22, 2016
Client Stories

Kathryn Minshew

CEO and Founder, The Muse
1 min watch · September 22, 2016
Client Stories The Muse

The next big thing in career tech

The future is built on connections – between people, between ideas, between companies. This is your all-access pass to conversations that are shaping the future. This is Next2.
Look before you leap
Kathryn601x337
Kathryn Minshew, founder and CEO of The Muse, on how she overcame her fears to leave her first career and build her startup.
1 min watch October 6, 2016 Share

Kathryn Minshew: How your network can save you from unnecessary mistakes



Kathryn Minshew was told “no” 148 times when she started pitching investors to finance her jobs-and-careers website, The Muse. She had left a safe job and a steady paycheck, and now she was having bouts of self-doubt asking herself, “am I crazy?”

Launching a new career path does not come without trepidation, something Minshew knows firsthand: “Anytime you take a leap ... you have a lot of fear, and I absolutely was no exception.”
Kathryn_minshew_

Anytime you take a leap … you have a lot of fear, and I absolutely was no exception.

Kathryn Minshew
CEO and Founder, The Muse

Pushing through barriers


In her words, Minshew “pushed through barriers” because she was confident in her vision of a website that did a better job helping job hunters and career seekers evaluate opportunities and make informed decisions. Her own experience had given her some of the evidence she needed. After entering “business strategy director” into an online job search site, “assistant manager at 7/11” popped up at the top of the results. There has to be a better way, she remembers thinking.

Those skeptical investors she pitched early on warned her to drop her idea of including content along with job search functions on the site because that model isn’t easy to scale. Today, it’s what allows The Muse to stand out in the career tech field, she says. “Fifty million people come to The Muse every year; many of them find us through the content before they use the job search and recruiting platform.”
Kathryn_minshew_

The relationships you build as an entrepreneur can be one of the best safeguards against making unnecessary mistakes.

Kathryn Minshew

CEO and Founder, The Muse

Staying creative while scaling up


Minshew proved content was scalable, but the challenges never stop: “Being an entrepreneur is like living life fast-forward.” Her company’s workforce has grown 4X and keeping a focus on innovation becomes increasingly difficult. “We put people into small SWAT teams to tackle specific problems and give them the freedom to come up with solutions that might seem a little crazy,” she explains. Only later do they see if they can pull it off in reality.

A natural networker, Minshew often reaches outside the office for expertise and advice. In fact, she says, “the relationships you build as an entrepreneur can be one of the best safeguards against making unnecessary mistakes.”

An early adopter of SVB


When she was just getting started, another entrepreneur directed her to Silicon Valley Bank — explaining that, in addition to banking services, SVB provides access to a helpful network. As an example, Minshew recounts that she was chatting with an SVB manager about a problem she had encountered. He put her in touch with another entrepreneur who had solved a similar challenge. “We’ve been with SVB since day zero,” Minshew says. “It’s really helpful to have a partner who knows the tech industry and has a wide network of relationships.”

She adds, “There’s nothing more powerful than talking to someone who’s been there.”
How to find trusted advisors
a
Watch Kathryn Minshew, founder and CEO of The Muse, describe how she taps peers she trusts to help her make big decisions.
1 min watch October 4, 2016 Share
Let's Get Started
Are you an innovator seeking a bank partner to help you move your big idea forward?
Contact Us