Karren Brady: How To Win At Entrepreneurship & Love (at the same time!) — Transcript
Full transcript
- 0:00Could you do me a quick favor? If you're
- 0:01listening to this, please hit the follow
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- 0:04you know. And we invite subscribers in
- 0:06every month to watch the show in person.
- 0:07I remember my first away game and I
- 0:10turned up and I said, "Oh, hi. Could you
- 0:11tell me where the boardroom is?" And he
- 0:13said, "Dear, you don't understand. The
- 0:15director's wives go in the ladies room."
- 0:16And I said, "No, I don't think it's you
- 0:18understands. I am the managing
- 0:20director."
- 0:21Baroness Brady. [music]
- 0:22She's one of Britain's most successful
- 0:24business women. I'm the kind of person
- 0:25that never hears the word no. I hear
- 0:28find another way to get what you want.
- 0:30Leadership is about vision and your art
- 0:32as a leader is to persuade people to
- 0:35believe in your vision.
- 0:36I remember reading the story about your
- 0:38son turning to you on holiday and
- 0:39saying, "I wish your Blackberry would
- 0:40blow up."
- 0:41Working mother is the best title for me.
- 0:43Sometimes you don't get it right. You
- 0:45can only do the best you can do.
- 0:47Ambition is that spark. It's that fire
- 0:51inside of yourself that won't let you
- 0:53settle for anything other than what you
- 0:56think you deserve and what you want.
- 0:58What you would say to those young women
- 1:00that are starting out in their career?
- 1:02I would say,
- 1:05so without further ado, I'm Steven
- 1:07Bartlett and this is the Diary of a CEO.
- 1:09I hope nobody's listening, but if you
- 1:11are, then please keep this to yourself.
- 1:14[music]
- 1:21Karen,
- 1:22hello Stephen. [laughter] Um,
- 1:23I I've spent the last couple of days
- 1:25listening to your interviews and reading
- 1:27a lot of sort of interviews you've done
- 1:28in newspapers and things like that. And
- 1:30as I got further and further and further
- 1:32further into your story and further into
- 1:33your childhood, there was this this
- 1:34question which I wasn't able to answer
- 1:36despite all that I' I'd read. And it's
- 1:38you clearly from a very young age had
- 1:40this real deep desire to have freedom
- 1:43which resulted in this independence and
- 1:45also resulted in this wonderful young
- 1:47person who had this ability to like
- 1:48stand up for themselves. But where did
- 1:50this deep desire to be free from the
- 1:53control of others where does it come
- 1:54from?
- 1:56I don't know. I mean, my mother always
- 1:58tells a story that um when I was four
- 2:01that um my grandfather was looking after
- 2:04me at home and um my parents had this
- 2:06drinks cabinet and it was sort of open
- 2:09down and it had all these like bottles
- 2:11of beautiful bottles and little glasses
- 2:13and things
- 2:14and she tells this story and I don't
- 2:16remember it at all, but I got a chair
- 2:19and I climbed up and I opened the drinks
- 2:21cabinet and they had these little sherry
- 2:23glasses and I poured all little bits of
- 2:25liquid from it and and I started to
- 2:27drink it and my grandfather said, "Um,
- 2:30don't do that. You'll be sick." And I
- 2:32said, "You leave me alone. I'll do what
- 2:33I want. I won't be sick." And then, of
- 2:35course, drank half of the [laughter]
- 2:38of the drinks cabinet. Um, and wasn't
- 2:42sick. [laughter]
- 2:44And my mom said, "You were always
- 2:46defiant. You always had your own mind.
- 2:50Wanted to do your own thing. Uh, thought
- 2:52you knew best. Cut my own hair when I
- 2:55was six. We had a um a school photo the
- 2:58next day and I decided the only person
- 3:00who could cut my hair was myself and you
- 3:02should see the picture. My fringe sort
- 3:03of starts here and sort of goes like
- 3:05that and it's got all lumps cut out of
- 3:07it. I guess I kind of thought if I
- 3:08didn't stand up for myself, no one
- 3:10would. And I was very happy to stand up
- 3:12for myself. And you know, in life as you
- 3:15go through life, you one of the things
- 3:17you realize is that if sometimes you've
- 3:19got to find your backbone and you've got
- 3:21to use it and simply putting one foot in
- 3:24front of the other and keep going is one
- 3:26of the philosophies I've had in my life.
- 3:27But no, I always define, always stood up
- 3:30for myself, never took anything lying
- 3:33down. Yeah. I don't know. define feels
- 3:37like the perfect word. Um, and I trying
- 3:39to figure out where it came from because
- 3:41usually when I sit with my guests, they
- 3:42can like even if it's incorrect, they
- 3:44can look back in hindsight and pinpoint
- 3:46a moment, some kind of trauma or pain or
- 3:48negative experience which shaped them to
- 3:50be a bit of an anomaly in some way. So I
- 3:52was like, where did this defiance come
- 3:53from? And I couldn't quite figure it
- 3:55out.
- 3:56I don't know. I I have no idea. It's not
- 3:59part of any trauma that happened to me.
- 4:01I just I guess I always felt that I had
- 4:06something to say and even at a young age
- 4:09I wanted to say it and I didn't care who
- 4:12heard it or how you know I just felt I
- 4:16wanted to stand up for myself. I I have
- 4:18no idea. I've never really thought about
- 4:19it. I know it's definitely a part of my
- 4:22personality trait that this defiance,
- 4:25this I'm going to prove people wrong.
- 4:27I'm going to do what I want to do how I
- 4:29want to do it. Uh, but I never really
- 4:31thought about where it came from.
- 4:33What's this story about your first day
- 4:34of school and your mom being concerned
- 4:36that you might be shy and then finding
- 4:37out that you [laughter] chucked some kid
- 4:38off the chair?
- 4:40Well, there's another I mean, I don't
- 4:42remember any of these stories, but my
- 4:43mom said the first day of school, she
- 4:44was very worried if I would be shy or
- 4:47would I want to go home or whatever. And
- 4:49she went to pick me up from school and
- 4:52she said to the teacher, "How was
- 4:53Karen?" She said, "Oh, your daughter's
- 4:55car. She'd always be shy." She said,
- 4:56"Karen, shy?" She said she she went up
- 4:59to a boy in a chair and she went,
- 5:00"That's my seat. Get off." [laughter]
- 5:03So, but I don't remember it. I don't
- 5:05remember any of these things. But all
- 5:06these little stories, they always have
- 5:08one thing in common that I had this sort
- 5:09of level of defiance and this, you know,
- 5:12determination to to stand up for myself.
- 5:15One of my suspicions when I was trying
- 5:17to piece together this this little bit
- 5:19of defiance puzzle was um reading about
- 5:21your dad and how much of a sort of
- 5:23hardworking autonomous man he was and
- 5:27how hard you said he worked. I was
- 5:29wondering if they had given you a bit of
- 5:31a kind of a void of independence when
- 5:32you were growing up that led you to
- 5:34create this kind of independence in
- 5:36yourself. Was were they like present and
- 5:37were they on you?
- 5:39No, definitely not on me in that way.
- 5:41They weren't, you know, tiger parents
- 5:43pushing you to the front. Although my
- 5:44grandmother used to always say, "Be
- 5:46first because it's the best place to
- 5:47be." She used to always say that to me.
- 5:49So my dad left school at 14, didn't have
- 5:51much of an education and worked really
- 5:53hard to get where he wanted. And I guess
- 5:55the lesson from him was, you know,
- 5:58nothing compensates for hard work. And
- 6:00if you don't try, you know, if you don't
- 6:02try something, you'll never know how
- 6:03good you are at something. So I think
- 6:05maybe that sheer resilience came from
- 6:09his model of working hard, doing your
- 6:13best, trying everything, pushing
- 6:15yourself forward.
- 6:16And would he give you advice? Would he
- 6:19impart knowledge onto you or was it you
- 6:21learning by his example of watching him
- 6:23work?
- 6:24I think almost definitely the the the
- 6:26second one. I I don't remember him ever
- 6:28sitting me down and saying, "Do this and
- 6:31you you know your life will be better or
- 6:33more enriched." I think it was just
- 6:35learning from examples from seeing the
- 6:38hard work and you know we went from
- 6:41Edmonton to a little bit further up to
- 6:43another little place in Edmonton to a
- 6:45bit further up and our lives sort of got
- 6:47slightly better and my dad's desire was
- 6:51to give my brother and I a really good
- 6:52education cuz he hadn't had one. So he
- 6:55really wanted us to have a great
- 6:57education cuz he felt that was a big
- 6:59part of what was missing in his life.
- 7:01And I guess he maybe he thought if you
- 7:03have a great education, you don't have
- 7:04to work so hard. You don't have to start
- 7:06so much at the bottom. I think that was
- 7:07a real driver for him.
- 7:09And your mother?
- 7:10My mother was a housewife. Okay.
- 7:12So she had no ambitions for work. Very
- 7:16smart woman, very nurturing in
- 7:18everything that she did. My dad was away
- 7:21working a lot. So she was a lot on her
- 7:22own. Uh but equally funloving and
- 7:26stylish and you know spoke her mind too.
- 7:30And you at this age didn't have big
- 7:33ambitions for what you wanted to do in
- 7:34the future in terms of specific
- 7:36ambitions about career options. There's
- 7:38a quote which I read where you said, "I
- 7:40wasn't gifted in anything. I wasn't
- 7:41academic. I wasn't the best at anything.
- 7:43In fact, I was a very average child who
- 7:45really didn't know what she wanted to do
- 7:46or where she was going to go. The
- 7:48greatest gift that my parents gave me
- 7:50was self-esteem."
- 7:51Yeah. I think you're very lucky if you
- 7:54know what you want to do. If you have a
- 7:57vocation or a calling at a young age, I
- 8:00think that is a remarkable thing that
- 8:02you should you should channel. I didn't
- 8:05know what I was good at. I didn't feel I
- 8:07was particularly good at anything. I it
- 8:09wasn't as though I had a particular
- 8:13panache for, you know, anything. And
- 8:17uh I wasn't particularly ambitious, but
- 8:19I know I wanted to do something with my
- 8:21life, but I didn't know what. And I
- 8:24think ambition is something that sort of
- 8:25creeps up on you slowly when you realize
- 8:27you're good at something and you think,
- 8:29"Oh, actually I'm quite good at this."
- 8:31And then you think, "Actually, I might
- 8:32be the best person in this room at this
- 8:35or I might be the best person I know at
- 8:38this." And that inspires you to to to
- 8:41keep going. But I left school at 18. I
- 8:44had O levels and A levels as they were
- 8:45in those days, but I had no
- 8:46qualifications. But what I had worked
- 8:49out something really important and that
- 8:51is I'd worked out my core values. So at
- 8:5518 I had worked out that I was
- 8:58ambitious, I was determined and I had
- 9:02integrity. And core values are the
- 9:04things that sort of make you who you
- 9:06are. They are the things that lead you
- 9:08to make the decisions you make for
- 9:10yourself and the way you make decisions.
- 9:13And 18, I knew those things about
- 9:14myself. And at 52, I think they're still
- 9:16my core values. And armed with those
- 9:19things, I set out to get a job. And the
- 9:23one thing I wanted for my life was
- 9:25independence. I wanted to say what I
- 9:27wanted to do and how I wanted to do it
- 9:28and when I wanted to do it. And that's
- 9:31predominantly because I'd been at
- 9:32boarding school from a very early age.
- 9:34Going back to my father wanted to give
- 9:35me the best education. He thought
- 9:37boarding school education was probably
- 9:39the best. And at boarding school, you
- 9:41get up when you're told, you eat what
- 9:42you're told, you wear what you're told,
- 9:43you do what you're told. And I'd had
- 9:45enough. And I knew that independence
- 9:48only really came when you had your own
- 9:49money. And the problem is 18, I didn't
- 9:51know how you made money. But I kind of
- 9:53worked out almost everyone works for
- 9:56someone even before they work for
- 9:58themselves. So I went out and I got a
- 9:59job. and at 18 with no qualifications
- 10:02other than O levels and A levels but
- 10:03armed with my core values that I really
- 10:06wasn't afraid to work hard and I was
- 10:07really ambitious and I would try
- 10:09anything and I would do anything but
- 10:11with integrity I went out and I got a
- 10:13job and I started my career
- 10:15something I just I was just trying to
- 10:17piece these um put two kind of dots
- 10:19together there boarding school a very
- 10:21restrictive place the antithesis of like
- 10:23freedom your childhood sounded like you
- 10:25had quite a lot of sort of relative
- 10:27freedom is there is is it possible that
- 10:30you went from a childhood pre-boarding
- 10:32school where you had a bit more freedom
- 10:33and then because boarding school was
- 10:35such a big change, you had a bit of an
- 10:37allergic reaction to the someone taking
- 10:39your freedom or do you
- 10:41My friends who are still my friends from
- 10:43when we were at school in those days, we
- 10:45remember only one thing about that whole
- 10:47time, the boredom of simply being there
- 10:50and having mass sort of three times a
- 10:52day. And the second thing was we were
- 10:54hungry all the time. Every day was a
- 10:56fast day. So you'd have, you know, the
- 10:58holy saint of such and such day and it
- 11:01was a fast day. And we remember those
- 11:02those two things and the sort of
- 11:04repressive attitude of wearing the same
- 11:07thing, doing the same thing, doing what
- 11:09you're told, not being able to explore
- 11:11things you were interested in. Um, and
- 11:16uh, none of us could wait to none of us
- 11:17could wait to leave. But it did teach me
- 11:21resilience,
- 11:23the ability to do the things that need
- 11:25to be done when they need to be done,
- 11:27whether you like it or not. And that's
- 11:29because every day was the same. And
- 11:32there's a great lesson, I think, in life
- 11:35in being able to force yourself to do
- 11:38things you don't want to do because you
- 11:40have to. And that taught me a great deal
- 11:42of patience and resilience and
- 11:45determination.
- 11:47which is funny because much of your your
- 11:49life has been very much the opposite
- 11:51doing making sure you don't have to do
- 11:53things you don't want to do and being
- 11:54like restricted by the rules of others.
- 11:57But there is a sense in every job you
- 11:59do, whether you're
- 12:01a pop star, you got to sing the same
- 12:03songs every night,
- 12:04you know, whether you're working in an
- 12:06office or working for someone else or
- 12:08reporting to shareers, there's an
- 12:09element of our lives that has to be
- 12:11done. And you get that discipline from
- 12:15being able to do it and power through it
- 12:17and approaching it in the way it needs
- 12:20to be approached, which is a real
- 12:22discipline as opposed to saying, "I
- 12:24don't want to do it and I'm not going to
- 12:25do it." there's a difference.
- 12:27You you said earlier about how you
- 12:29started at one point to notice the the
- 12:31advantages or the skills you had over
- 12:33your peers at a maybe a young age around
- 12:35maybe 18 when you start to join the
- 12:37working world and before what when you
- 12:39looked at say 18 19 year old Karen what
- 12:42were those skills that you started to
- 12:43notice well I'm better than I seem to be
- 12:45better than everyone else at this thing
- 12:46or you know stronger or whatever
- 12:48I went into sales um which is the sort
- 12:51of place where most people go when they
- 12:52don't really have anything else they
- 12:54[laughter] can
- 12:56what else they can do because you you're
- 12:58either good at it or you're not. Um, but
- 13:00you don't need any particular skills
- 13:02other than being able to have resilience
- 13:04of picking up the phone, keep trying,
- 13:06not taking the knockbacks going forward.
- 13:09And I realized I was good at it and I
- 13:11would never take no for an answer. I
- 13:14would always be determined. I would
- 13:16continue to pick up the phone. I had a
- 13:19sort of dogged attitude to not letting
- 13:22the knocks get me down. you know when
- 13:24people slam the phone down you or they
- 13:25don't want to speak that ability to
- 13:28learn the language it wasn't do you want
- 13:30any it was how many do you want you know
- 13:32it was that it was that sort of subtle
- 13:34change of being able to be
- 13:37personable I think I worked out an early
- 13:39age that people do business with people
- 13:41and it doesn't matter how much brain you
- 13:44have if you don't have a personality you
- 13:47can't put that brain into good uh you
- 13:49know in in into a good place so having a
- 13:52personality and having a brain is is a
- 13:53good combination.
- 13:54I worked in teley sales as well for four
- 13:56years
- 13:57from 16 to 20 odd whatever it was and it
- 14:00was genuinely the most formative
- 14:02experience of my life.
- 14:03I agree.
- 14:03Also because I didn't have the
- 14:04qualifications. So it's the
- 14:06Yeah. Yeah.
- 14:06And it's a good place to start. I don't
- 14:09know about you, but I'm not particularly
- 14:10creative. I couldn't have done anything.
- 14:12I mean, [laughter] I couldn't have done
- 14:13anything in the arts world or anything
- 14:14like that. But actually picking up the
- 14:17phone, having that resilience, being
- 14:19prepared to take the knockbacks, keep
- 14:20pushing forward, never taking no for an
- 14:22answer. Those are things I learned from
- 14:24a very young young age.
- 14:26So you did sales at Sachi and Sachi?
- 14:28No, I did mean menial office work at
- 14:31Sachi at Zachary and I left Sachi to go
- 14:34into sales at 19 and I worked for London
- 14:36Broadcasting Company where we sold
- 14:37advertising space.
- 14:38And that's where you met David Sullivan.
- 14:40Yes, that's right. Yeah. He was one of
- 14:42my very first clients and he took radio
- 14:45advertising and within six months of me
- 14:48meeting him and selling him radio
- 14:50advertising he was spending2 million
- 14:52pounds a year on radio which was the
- 14:54highest spender on commercial radio in
- 14:57the country and I was on a really high
- 14:59commission.
- 14:59Well done. [laughter]
- 15:01It was a good time. [clears throat]
- 15:03So you meet David Sullivan and he's
- 15:04quite well he's not spending on radio at
- 15:06the at the time when you met him and
- 15:07he's kind of against it I hear.
- 15:09Yeah. he didn't think it particularly
- 15:11worked and I sold him the idea that he
- 15:13would take the advertising package and
- 15:15if sales didn't go up he didn't have to
- 15:17pay for it and he said yeah sounds okay
- 15:20to me and I sort of thought well if he
- 15:22doesn't pay for I'm going to be in
- 15:23trouble but I thought I'll worry about
- 15:24that when that happens I was just
- 15:27pleased to have made the sale and he
- 15:29took the advertising the advertising did
- 15:31work and he kept spending and spending
- 15:33and spending
- 15:34if we zoom in on that that sale that
- 15:36deal you closed with David Sullivan I
- 15:38know a lot of people couldn't have
- 15:40closed that deal and I know that was a
- 15:42pivotal moment in your early career but
- 15:44I know a lot of people couldn't have
- 15:45closed that deal. So as you look back in
- 15:47hindsight what was it about Karen that
- 15:49helped you to close that deal? Well, one
- 15:51I went to see him. So, I turned up at
- 15:53his offices and I waited until he saw me
- 15:55and I waited a long time, quite a few
- 15:57hours until he felt, I think, sorry for
- 15:59me and I wasn't going anywhere and he
- 16:02let me do the pitch, the presentation,
- 16:03which I did. Equally, I always had this
- 16:07um feeling that, you know, what's the
- 16:09worst that can happen? And the worst
- 16:10that could happen is he didn't take the
- 16:12package and he slung me out. But the
- 16:14best that could happen is he saw me and
- 16:16he took the package. So, I always looked
- 16:17on the bright side. So, I turned up, I
- 16:19did the deal, I presented well, I had
- 16:22all the facts and figures. I knew what I
- 16:24was talking about. And I guess he
- 16:26thought it took a chance. I think the
- 16:27package was I can't remember. It wasn't
- 16:30a lot of money. You know, it wasn't a
- 16:31multi-million pound deal that someone
- 16:33have to really think about it. I pitched
- 16:35it just that it would be an impulse. It
- 16:37could be someone that it was enough
- 16:39money to have a gamble. Not too much,
- 16:42not too little, just in that spot. And I
- 16:45persuaded him. I had this art of
- 16:47persuasion, talked about what it could
- 16:50do for him, how it would work, and he
- 16:51and he took it. And that was the
- 16:53beginning of my one of my very own
- 16:57clients that stayed with me for many
- 17:00years and still today we're still
- 17:01working together at West Ham some 30
- 17:03years later.
- 17:04That is pretty um incredible. Did he
- 17:06know you were coming that day to pitch?
- 17:08Had he booked in a meeting to see you?
- 17:10I can't remember. I think I'd booked in
- 17:12a meeting. Whether he knew about that or
- 17:14not, [laughter] I don't know. Right.
- 17:16I can't remember
- 17:17because that did end up being quite an
- 17:18early pivotal moment for you. It's quite
- 17:20a testament to the fact that again
- 17:22people do buy from people and that you
- 17:24were very a very persuasive person. But
- 17:25also there's a subless in there which
- 17:27I've heard you talk about before which
- 17:28is when you're young and you don't have
- 17:30a ton to lose because young people fall
- 17:31into this trap of thinking that no is
- 17:34some kind of like death sentence or it's
- 17:35fatal.
- 17:36Yeah.
- 17:36But as you say, you know, when you've
- 17:38got nothing else to lose.
- 17:39Yeah. I had nothing to lose. The worst
- 17:41thing that could have happened is he
- 17:42didn't buy it. Um, and I had to sell it
- 17:44to someone. I was very independent. I
- 17:47wasn't relying on my parents for money.
- 17:48I was relying on myself. I had no safety
- 17:51net, no nest egg. I had no, you know,
- 17:54no, I had to pay my rent. I had to pay
- 17:56my bills. I had to pay my travel. I had
- 17:58to pay for my food. And I had to make
- 18:00that sale for me. It had to happen. It
- 18:03wasn't a case of, well, we we'll we'll
- 18:04see. But I'm the kind of person that
- 18:07never hears the word no. When someone
- 18:09says no to me, I don't hear no. I hear
- 18:12find another way to get what you want.
- 18:14And that's what I always do. I always I
- 18:17think no is is only really pivotal if it
- 18:20ultimately stops you doing what you want
- 18:22to do. If you hear no and you can find
- 18:25another way of getting what you want,
- 18:27that's that's just as good as hearing a
- 18:29yes.
- 18:29Am I right in thinking that you're
- 18:30someone that like really believes in a
- 18:32philosophy versus like current skills?
- 18:36Because you're when you talk, you talk
- 18:37in terms of like your own philosophy to
- 18:39life. And a lot of people when they
- 18:41speak they speak in terms of I don't
- 18:42know skills or hacks or tricks or
- 18:44whatever. But yours seems to be much
- 18:46deeper than that. Even saying that
- 18:47they're defaulting to optimism all the
- 18:49time. And the
- 18:51I don't know. I've never really I've
- 18:52never really [clears throat] thought
- 18:53about it. I think you you know you you
- 18:56you need the ability to work hard. You
- 18:58need the ability to push yourself
- 19:00forward. You need the ability to have a
- 19:02backbone. You need the ability to um
- 19:05have a dogged sort of determination. And
- 19:08if you have a great idea, so much the
- 19:10[laughter] better. So much the better.
- 19:12People say to me, you know, what what is
- 19:14an entrepreneur? Well, an entrepreneur
- 19:15is someone that just spots a gap in the
- 19:18market for a service or a product that
- 19:20that is either not available or
- 19:24available, but they can make it better.
- 19:26And they're the kind of people that
- 19:28well-meaning people say, "Oh, don't do
- 19:29that. That's very risky." but they are
- 19:31prepared to back themselves and put all
- 19:34those doubters to one side and just plow
- 19:37through it. And that that's sort of been
- 19:39what I've done for 30 years.
- 19:41As you said, that relationship with
- 19:42David has sustained still today and he
- 19:45actually went on to hire you. So what
- 19:47have you learned about the importance of
- 19:48like relationship building in business?
- 19:50And
- 19:51I think that uh part and parcel of
- 19:54running a great business is to have
- 19:56really good culture and really good
- 19:57culture comes from trust and being
- 20:00candid and being honest and supporting
- 20:03one another. And it's interesting that
- 20:06David Sullivan is I'm is still with me
- 20:09in West Ham. So is David Gold. Two
- 20:11people who I started with from a very
- 20:13young age. Um, and we're still all
- 20:15working together and we still have lots
- 20:17to talk about and lots of ideas and we
- 20:19still bounce off each other and we trust
- 20:21each other and I think that's a really
- 20:22fundamental part of growing a great
- 20:26business.
- 20:27Being candid, you said there. Talk to me
- 20:30about how candid you are in business.
- 20:32Very. I think it's important. I have a
- 20:35great candid atmosphere at West Ham. I
- 20:38want people to say what they don't think
- 20:40is right, what they think could be
- 20:42better, what needs to be changed. I
- 20:45think if you have too many like-minded
- 20:47people running the same organization,
- 20:49you're so busy patting each other off on
- 20:51the back as you sort of follow each
- 20:53other off the edge of the cliff, you
- 20:54need people to say, "Hang on a minute.
- 20:56Why is this important? How does this
- 20:58affect us? What does this, you know,
- 20:59what does this mean we stand for? What
- 21:01are our values? What's our purpose?" You
- 21:03need people to be honest and candid. And
- 21:05I think candid is good. And how do I go
- 21:08about creating a candid culture in my
- 21:10company? Say if I've, you know, I'm
- 21:11running a a business and I want people
- 21:12to be more candid, what what what do I
- 21:14do and don't do to make sure that we
- 21:16arrive at that place?
- 21:17Well, the most important thing the most
- 21:19important thing that people want from
- 21:21you when you're running your
- 21:22organization is your time. They want
- 21:24time with you. They want you to listen
- 21:26to them. They want to be in your inner
- 21:30circle. They want to be part of part of
- 21:33it. That's what people want. Um, it's,
- 21:37you know, it's become less, I think, as
- 21:40times have gone on about money and
- 21:42status and more about being in the know,
- 21:45being in that in that room when
- 21:48decisions are made and making people
- 21:50feel that they can be in the room, that
- 21:52they're part of the discussion and that
- 21:54you'll listen to them and that they can
- 21:57say what they want without worrying
- 22:00about, you know, what's going to happen
- 22:01to me next. I think that's that's really
- 22:03important. So, say someone's in the
- 22:05boardroom with you and they they say
- 22:07something which is maybe even negative
- 22:09towards a decision you've made. I guess
- 22:11you've got to be cautious of your
- 22:12reaction to make sure that they don't in
- 22:14the future shy away from because you're
- 22:16a very powerful woman. You know, it
- 22:18would be quite intimidating to tell you
- 22:20the truth.
- 22:21I don't think I think if you spoke to my
- 22:23staff, they or the people that I work
- 22:25with, they would all say that the one
- 22:28thing Karen is great at is listening and
- 22:30understanding. And I think the minute
- 22:34you think as a leader of organization
- 22:36you know everything is the minute you
- 22:38don't know anything at all. You have to
- 22:40believe in lifelong learning. You have
- 22:42to believe that the people around you
- 22:44are valuable enough to have a different
- 22:47opinion to yours that is just as
- 22:49important. And the minute you think they
- 22:52they don't have an opinion that's
- 22:53important as yours, you either don't
- 22:55have the right team or you don't have
- 22:57the right team with the right skills. I
- 22:59like to employ people better than me
- 23:02because it sort of proves I'm better
- 23:04than them, if that makes sense.
- 23:05[laughter] And then when you have people
- 23:07with um great knowledge and great
- 23:09skills, why wouldn't you listen to them
- 23:11when they tell you something? I mean, of
- 23:13course, you have debates. I want to do
- 23:15everything quickly. I want to do
- 23:17everything
- 23:18um with strength and power and purpose.
- 23:21And others are like, well, hang on a
- 23:23minute. Let's not go at that pace. Let's
- 23:25try and do this. Let's do something. And
- 23:28sometimes you follow your gut instinct
- 23:30because it's important. And people say
- 23:33to me, well, what what is a gut
- 23:34instinct? A gut instinct, I think it's
- 23:38made up of all the experiences you've
- 23:41had through your career.
- 23:43And you've sort of when you're in faced
- 23:45with a problem, you've been in that
- 23:48movie before. You've had that problem
- 23:50before. A different problem in a
- 23:52different moment about a different
- 23:54thing, but very similar. and you know
- 23:56the outcome. So your gut instinct goes,
- 23:59"Hang on a minute. I've I've I've
- 24:00somehow I've been here before and I know
- 24:02how this plays out." And I find if I
- 24:05follow my gut gut instinct, I tend to go
- 24:07make the right decisions. And if I
- 24:09ignore it, I tend to go bad. But
- 24:12sometimes you need someone to go, "Hang
- 24:14on a minute, take a step back, have
- 24:16another look at this, have a think about
- 24:17this." And it's a very uh it's a very
- 24:22lonely place if you don't have people
- 24:23around you that want the same things as
- 24:26you that want to help you achieve and
- 24:29build the things that you you you want
- 24:31to do. And being able to listen to
- 24:33people and encourage people to have
- 24:35their thoughts and ideas is I think
- 24:38really really important.
- 24:40So how much of an organization that you
- 24:42you run and what parts of it are a
- 24:44democracy? because I'm trying to see
- 24:45that balance between you being assertive
- 24:48and making the the call but also
- 24:51operating in some respects like a bit of
- 24:52a democracy where you're hearing
- 24:53everyone's opinions. Is there like a
- 24:55balancing act?
- 24:57Yeah, I mean look, if you think about
- 24:59leadership um and you should never
- 25:01confuse leadership with management.
- 25:03Management is about setting out a series
- 25:05of goals and managing people to deliver
- 25:08them. Very important. But that's not
- 25:10leadership. Leadership is about vision.
- 25:13And sometimes it's only a vision you can
- 25:15see. And your art as a leader is to
- 25:18persuade people to believe in your
- 25:21vision and help you deliver it. So we
- 25:25have large groups of people that help
- 25:28deliver visions. So our next vision for
- 25:31West Ham, for example, is to go from a
- 25:3360,000 capacity to a 62 and a half
- 25:36thousand capacity. And we're in the
- 25:38process, we've got planning permission
- 25:39for it. in the process of going through
- 25:42that transition. Um, how do we sell
- 25:46those extra tickets? Who do we sell them
- 25:47to? Do we put the price up? Where do we
- 25:50allocate them? How do people get in?
- 25:52Should there be more bars? These are
- 25:54huge decisions. One person cannot make
- 25:57those decisions. And everybody who has a
- 26:00stake in that decision should have a
- 26:03say. And that's everyone from the
- 26:06commercial department right through to
- 26:09you know the person who runs the
- 26:11disabled supporters group. Everyone
- 26:13needs to make that decision together and
- 26:15that's how you breed great culture
- 26:18listening to people understanding the
- 26:20problems finding the solutions together
- 26:22having some fun while you do it. So it's
- 26:25not all you know over charts and in in a
- 26:28very um rigid way. It is much more in a
- 26:33conversational way. So for example, I
- 26:35took a load of my team to Seville when
- 26:38we played in Europa and we went
- 26:41together. We had a great time together.
- 26:43We use the downtime to talk about things
- 26:46important to us and it's part and parcel
- 26:48of creating a place where people feel
- 26:51really proud to work. They feel really
- 26:54proud of what they do and they feel
- 26:56really well respected
- 26:58and they have a lot of fun.
- 26:59They have a lot of [clears throat] fun.
- 27:00Yeah.
- 27:00Yeah. I just realized I'm playing at
- 27:02your stadium.
- 27:04Oh, is it in the um the soccer age?
- 27:07Yes.
- 27:08Yes. [laughter]
- 27:10Hopefully that will sell it out for you.
- 27:12But um no, I just realized as you were
- 27:14talking then yeah, we're playing at
- 27:16unbelievable beautiful stadium which I
- 27:17know you're you're a big part of getting
- 27:19winning the bid to kind of move over
- 27:21there. On the topic I'm really excited
- 27:23by the way what a tremendous honor that
- 27:24is to get to play at your stadium. But
- 27:26um on the topic of football then you so
- 27:29David Sullivan ends up hiring you from
- 27:31LBC.
- 27:32Yes.
- 27:32And you join his corporation and then I
- 27:35hear at like 22 23 years old you see an
- 27:38advert in the Financial Times to for
- 27:41Birmingham City which is in financial
- 27:43hardship and you
- 27:44administration
- 27:45and you persuaded David to buy
- 27:47Yes.
- 27:48Birmingham.
- 27:50What? [laughter] Well, he to be fair to
- 27:53him, he was looking at buying either a
- 27:56race course or a football club. He was
- 27:58interested in doing something in that
- 28:02area and Birmingham had gone into
- 28:04administration. There was a little ad
- 28:06that said football club for sale and I
- 28:07thought that's interesting. And I got
- 28:08the details and I went to him. I said,
- 28:09"There's this football club for sale.
- 28:11You buy it and I'll run it."
- 28:12What?
- 28:12And he was like, "Oh, football very
- 28:14male-dominated. You'll have to be twice
- 28:16as good as the men to be thought as even
- 28:17only half as good." And I said, "Well,
- 28:19luckily that's not difficult.
- 28:21[laughter]
- 28:21and he said, "Okay, we'll give it a go."
- 28:22And and we did. And it was bought really
- 28:25quickly within three days. That was like
- 28:27a Friday. And on the Tuesday, we owned
- 28:29the club and that was it. We uh we went
- 28:31in there. We we made so many mistakes,
- 28:34but we had a great time. It was such a
- 28:36fantastic experience, you know, to be
- 28:39given the challenge and chance of a
- 28:40lifetime to run a great business and
- 28:43change it, take it out of
- 28:44administration. I mean, it made a
- 28:46trading profit for the first time in its
- 28:47history after my first year. And it was
- 28:50a real learning curve. Uh, but it was
- 28:53great fun.
- 28:54I love how you glossed over the fact so
- 28:56graciously that at 23 you took over the
- 28:59management of a football club after
- 29:01seeing an advert in the Financial Times
- 29:02and persuading David to buy it. You took
- 29:04over the management of a football club
- 29:05at 23.
- 29:06Yes. I was desperate to look at least
- 29:0825. [laughter]
- 29:10Like the press conference, big hair,
- 29:13shoulder pads, power dressing. So,
- 29:17did you just have the the courage and
- 29:19the conviction and the confidence to
- 29:21take on that role? Because football is a
- 29:22complete like I don't even think No, I
- 29:24definitely would not have the the
- 29:26confidence to run a football club. And I
- 29:29I' I've loved football. I've followed it
- 29:30my whole life. I've ran big businesses.
- 29:32But a football club is a whole different
- 29:33beast.
- 29:34It is like it is different. And it's
- 29:36different because
- 29:38it doesn't make anything. It doesn't
- 29:41manufacture anything. It doesn't produce
- 29:43anything other than more footballers.
- 29:44all its assets are people. So being able
- 29:48to manage people and to manage the
- 29:52diversity of those people and it comes
- 29:54back to that culture by having an
- 29:56environment where everyone has to do
- 29:58everything within their skill set to
- 30:00make the business a success and know
- 30:01that that is valued and respected and
- 30:05there is no uh ceiling on your ambition.
- 30:10Whether it's the 18-year-old that wants
- 30:11to go into the first team or the
- 30:1318-year-old who works in the ticket
- 30:14office that one day wants to run it,
- 30:16it's up to you where you go. And I
- 30:18wanted to create a sort of a a business
- 30:21that I wanted to work in when I was 18
- 30:23where you you was nothing holding you
- 30:26back. There was no politics, there was
- 30:28no age, you know, no discrimination
- 30:31whatsoever. The it was there for you to
- 30:34do and achieve what you wanted to
- 30:36achieve within our environment.
- 30:39And that's why football is different
- 30:42because some people can't get their
- 30:44heads around the fact of what
- 30:45footballers earn and they begrudge it if
- 30:47they're not playing well. They they they
- 30:50don't you know part and parcel of
- 30:53managing people is understanding people
- 30:55and respecting people and valuing people
- 30:57and giving people your time and your
- 30:59encouragement. But more importantly than
- 31:02that, it's about standing alongside
- 31:05people and supporting them when things
- 31:07are not going well. much more than when
- 31:10things are going well. Um, being their
- 31:12backbone and their uh and their support
- 31:15system. Very important in people's
- 31:18business.
- 31:19As well as that culture, what else was
- 31:20it that helped you take Birmingham
- 31:22because your stint at Birmingham is seen
- 31:24as being incredibly successful as as you
- 31:26say, like turn the club profitable for
- 31:27the first time in like recent history.
- 31:29What how did you do that outside of
- 31:31culture? There must have been tough
- 31:33decisions you had to make.
- 31:35Very there were loads. I mean from when
- 31:37I first went there to sort of getting
- 31:38rid of everybody. Lots of businesses
- 31:40that I am involved in or I know friends
- 31:44that run the biggest
- 31:47issue for lots of people that run those
- 31:49businesses is making the change to
- 31:51personnel when they need to because they
- 31:53find it very difficult if someone's been
- 31:55with them a long time to realize
- 31:57actually
- 31:59that person's skill set was great when
- 32:01we were growing the business and now we
- 32:03need a different skill set to take it to
- 32:05the next level. But you think, but
- 32:06that's John. John's been with us
- 32:08forever. It's very difficult. But you
- 32:10have to sort of step above that and say
- 32:14it's my responsibility to ensure this
- 32:16business is success for the 800 people
- 32:18that work there and the shareholders and
- 32:20everything it stands for. So you have to
- 32:22make the best decisions and you have to
- 32:24try and remove as much emotion as you
- 32:26can out of it, but also always doing the
- 32:29right thing for the right reason and not
- 32:31for any other reason. And I think one of
- 32:33the most important things in a people
- 32:35business is you must never underestimate
- 32:38the power of kindness. Being kind to
- 32:41people and being respectful of people is
- 32:43really important.
- 32:45I had a few words to say about one of my
- 32:46sponsors on this podcast. We often see
- 32:48the success of a business and forget
- 32:50about their humble beginnings. And
- 32:51Vodafone, who is one of the new sponsors
- 32:53of my podcast, is no exception to that.
- 32:55In fact, quite an inspiring story. They
- 32:58started above a curry shop in the center
- 33:00of Newbury in Barkshshire and that was
- 33:02the year that they made the first ever
- 33:05mobile phone call over 1G. That was a
- 33:08moment in history and they've continued
- 33:10to innovate ever since. They supported
- 33:12the very first SMS text over 2G and most
- 33:14recently they've made history again.
- 33:17This time through 5G internet with the
- 33:18UK's first holographic call. But what I
- 33:21love about Vodafin Business and one of
- 33:22the reasons I partnered with them is
- 33:24they want to enable others to go on the
- 33:26same journey that they've been on with
- 33:27innovation. They have so much support to
- 33:30help specifically small businesses
- 33:32thrive. Their VHub site offers free
- 33:35resources, insights, and expert
- 33:38one-on-one sessions with VHub digital
- 33:41advisers. So, you can access what's
- 33:42needed to embrace innovation and drive
- 33:44your business forward just by searching
- 33:46VHub for Vodafone on Google. And you can
- 33:49access all of the support I've described
- 33:51above. The link is in the description
- 33:52below. Quick one. As many of you know,
- 33:55I've been trying to make my life a
- 33:56little bit more sustainable as it
- 33:57relates to energy ever since I sold my
- 33:59Range Rover Sport and bought an electric
- 34:01bicycle. And My Energy, as a sponsor of
- 34:04this podcast, one of the brands that
- 34:05make that transition much, much easier.
- 34:07They are at the forefront of British
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- 34:12products are really, really changing the
- 34:15game. If you're on YouTube, you can see
- 34:16what I'm holding in my hand. This is
- 34:17called the Eddi, right? It's the UK's
- 34:20number one solar power diverter. So,
- 34:23what is a solar diverter? It's a device
- 34:26for people like you and me. That means
- 34:28you can divert your excess energy back
- 34:30into your home rather than back into the
- 34:32grid, which will save you power and
- 34:34money. It's super userfriendly and easy
- 34:36to install, and you can control it using
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- 34:40out more about this product and more
- 34:42products like it that will help you make
- 34:44that sustainable transition, head over
- 34:46to myenergy.com. And um I highly
- 34:49recommend you check out the Eddie. It's
- 34:51um it's a real game changer for a
- 34:52product and one that I'm going to be
- 34:53installing in my home soon. I think
- 34:55David Sullivan when he described you and
- 34:57much of the reason why he had this has
- 34:59this huge admiration for you is exactly
- 35:01that. I think he in an interview said
- 35:02you were a good sacker.
- 35:05I think what we probably meant was I
- 35:07wasn't afraid to make tough decisions.
- 35:09Yeah. and and some of them were really
- 35:11tough.
- 35:11Even at 23.
- 35:12Yeah, even at 23, I really had a clear
- 35:15vision of what I wanted to achieve and
- 35:18knew the kind of people I needed around
- 35:20me to achieve it.
- 35:21You talked about how emotion sometimes
- 35:24gets in the way of those tough decisions
- 35:26for a lot of people. I've seen the same
- 35:27thing in in businesses when they get a
- 35:29little bit romantic about the wrong
- 35:31objective basically or the wrong thing
- 35:32and that ends up compromising what
- 35:34should be their primary objective which
- 35:35is the company, you know, in their role
- 35:37as CEO or founder whatever. And I've
- 35:39also heard you say that emotion, well
- 35:41maybe that was the the headline of the
- 35:43article. You've described yourself as
- 35:45not being an overly emotional person,
- 35:47but the the article I read, remember the
- 35:49headline was um emotion isn't in her
- 35:51makeup.
- 35:52So something words to that effect. Does
- 35:54that re resonate with you? Is that
- 35:55something do you think consider yourself
- 35:57to be an emotional business person?
- 35:59I'm very logical as a person. I don't
- 36:02worry about the effect on me of any
- 36:06decision that I make as long as I feel
- 36:08it's the right decision. I worry about
- 36:10the effects it has on others. Um, but
- 36:14I'm I don't get overly emotional about
- 36:19things to me which are unimportant,
- 36:21whether that be criticism on social
- 36:25media or criticism wherever that comes
- 36:28from. As long as I know the decision
- 36:30I've made and why I've made that
- 36:32decision, I can stand by it. And I care
- 36:34much more about what my family and my
- 36:36friends and my colleagues think of me
- 36:38than someone on social media who I'm
- 36:40never going to meet, don't know, and I'm
- 36:42never going to have a conversation with.
- 36:44So, I'm not emotional from that point of
- 36:46view.
- 36:47When you take on a football club as
- 36:48well, and you've worked in football
- 36:49clubs for what, two decades, three
- 36:51decades, three decades now,
- 36:53you're dealing with emotional fan bases
- 36:55just like hysterical. I I know cuz I'm a
- 36:59Manchester United fan and we're very,
- 37:00you know, emotional as a fan base right
- 37:02now, but a hysterical, almost
- 37:04unpleasable, thankless fan base, it
- 37:05seems at times. So, how has that
- 37:08impacted you? They're like the voice of
- 37:10the fan base in your decision-m does it
- 37:12factor in
- 37:13every decision I make I make for them to
- 37:16make them prouder of the football club
- 37:19to bring them the success that they want
- 37:22to deliver
- 37:24the things they want to see at the
- 37:26football club and the way they want to
- 37:28see them. Whether that's what we did
- 37:30through the pandemic for our community,
- 37:32what we continue to do for our
- 37:34community, the fact that we keep our
- 37:35prices low, the fact that we promise
- 37:37them European football and we've
- 37:39delivered it, the fact that we have
- 37:42great players and great culture and a
- 37:44great manager. Every every decision I
- 37:48make, I don't make for myself, I make
- 37:50for them. And I do it to the very best
- 37:53of my ability. And sometimes they don't
- 37:55like those decisions and sometimes they
- 37:58don't agree with those decisions, but
- 38:01they're all done because it's what I
- 38:05consider to be for the best of the club.
- 38:08And also, I guess sometimes they don't
- 38:10understand those decisions because the
- 38:12fan base isn't of any football club
- 38:14isn't a fan base that's educated on
- 38:15business and finance and inner workings
- 38:17of a club. So there's lots of like
- 38:19misconceptions about the decisions that
- 38:22are being made and are they like
- 38:23self-profiting decisions or whatever.
- 38:26How important is transparency in running
- 38:29I would say in any business but really
- 38:30in a football club where you've got
- 38:31millions of people who are your I guess
- 38:33your stakeholders. How and like clubs
- 38:35don't seem to be that transparent
- 38:38largely.
- 38:39I think it's hugely important. Um and I
- 38:42think I think football supporters are
- 38:44very knowledgeable on the business of
- 38:46football. It may not be a priority for
- 38:49them but I think they are knowledgeable.
- 38:50I mean they you've looked at clubs that
- 38:53have had a really difficult financial
- 38:55time and having a firm foundation on
- 38:57which to build they know is important
- 38:59and it's equally you know it's important
- 39:03that they know the parameters. I mean,
- 39:05we we're not, you know, oligarchs or
- 39:09Saudi Arabian billionaires. We're we're
- 39:12English taxpayers. We do the best we can
- 39:14and we generate as much money as we can
- 39:16without putting that burden onto them,
- 39:19which is why we have the cheapest season
- 39:20tickets in the Premier League, let alone
- 39:23in London in a brand new stadium. So, we
- 39:25try and go on the journey together. But
- 39:28I mean, moving to the Olympic Stadium,
- 39:3054,000 season ticket holders completely
- 39:34sold out. Some people didn't like it.
- 39:36But you have to make a decision that you
- 39:38think is right for the right reason. And
- 39:40going from a 35,000 seat stadium to a
- 39:42what is going to be a 62 and a half
- 39:44seater stadium was a big move and a bold
- 39:47move and it has proved to to work out
- 39:50for us which is why we're now playing in
- 39:51Europe. What would that have happened if
- 39:53we were at Upton Park? probably not
- 39:55because it hadn't happened for many
- 39:58decades before that. So I think people
- 40:02don't like change and it's important
- 40:03that they understand why the change
- 40:05happens and what it means to them and
- 40:08how it's going to affect them and how
- 40:10hopefully it enriches their life as
- 40:12opposed to make it makes it worse.
- 40:13Do you have an objective at West Ham to
- 40:15um be more transparent? The recent event
- 40:19that comes to mind around transparency
- 40:21in football is obviously the was it like
- 40:22the European Super League thing
- 40:24where suddenly one day we all wake up
- 40:26and all of our favorite football clubs
- 40:27in the like the top eight or what? Not
- 40:29even in the top eight but had decided
- 40:30they're all going to join top six. Yeah,
- 40:32they're not even the top six.
- 40:33Yeah, it wasn't even the top six.
- 40:34There were six of them.
- 40:35Yeah, exactly. [laughter] I can't even
- 40:36say that. Manchester United were at the
- 40:38point, but um they decided to join this
- 40:40this super league in Europe and it
- 40:42seemed like it was just this like self
- 40:44profiting decision which kind of ruined
- 40:46football or whatever. And after that, I
- 40:48saw a little bit of a change in some
- 40:50clubs like Liverpool that the owners
- 40:52came out and did like a video
- 40:53apologizing. It was the first time I'd
- 40:55seen like owners post a video of them
- 40:56talking on social media. Is this one of
- 40:58your objectives within the organization
- 41:00that you run at West Ham to be more
- 41:02open, a more of a glass box?
- 41:05We try to let our manager and our team
- 41:08do the talking for us cuz
- 41:10because the the supporters don't want to
- 41:13hear what the CEO thinks. They want to
- 41:15know what the team think and the manager
- 41:17thinks. And I think from our point of
- 41:19view, we're always very respectful of
- 41:21that. You know, some chairman write
- 41:24program notes, some chairmans do videos.
- 41:28We tend to want our team to to do the
- 41:30talking for us. And we don't really want
- 41:33to put any more pressure on them and the
- 41:35manager than they all put on themselves
- 41:37because they're the ones that put the
- 41:39pressure on themselves to be successful.
- 41:41Um, they don't need it from us. As I
- 41:43look throughout your whole life, one of
- 41:45the clear consistent themes in you is
- 41:47your hard work.
- 41:48Yeah.
- 41:49It's just like, you know, sometimes it
- 41:51looks a little bit like obsession in
- 41:52certain parts of your story. I read
- 41:54about the fridge not being turned on in
- 41:55your apartment. Someone saying
- 41:57my friend my friend came to live with me
- 41:58and she said, um, the the sticky stuff
- 42:01still around the fridge and the oven had
- 42:03never been turned on. And I Yeah.
- 42:05What age was that?
- 42:0821.
- 42:09And you just you were working so hard
- 42:10you hadn't turned the fridge on. you
- 42:12were in the office so much.
- 42:13Well, the thought of cooking and eating
- 42:15at home never occurred to me. I'd always
- 42:17grab something on the way in or the way
- 42:19out would never the thought of actually
- 42:22buying food because I knew if I bought
- 42:24food it would just go go off.
- 42:26People talk about work life balance,
- 42:27right? And this like obsessive like
- 42:29they do these days.
- 42:30Yeah, they do these days in when I was
- 42:32starting those that phrase had never
- 42:34been uttered by anyone.
- 42:36What's your opinion of the the work life
- 42:38balance conversation? Oh, I think it's
- 42:42uh much more sensible than anything I
- 42:45did. Definitely. I think that, you know,
- 42:48in in my day, you started at the bottom
- 42:51of the run and you worked your way up
- 42:54very slowly and carefully to get as high
- 42:57up the ladder as you could. Whereas now,
- 42:59it feels much more like a web where you
- 43:02do a bit over here and a bit over there
- 43:04and change and do that and then don't
- 43:06like that, you go and do this. Um, and
- 43:09you have a much more rounded life. And I
- 43:11think technology has changed how we all
- 43:13work. I mean, you know, you're getting
- 43:15up at 6:00 in the morning to be in the
- 43:17office at 7 and staying to 8:00 at
- 43:19night. You don't have to do that now.
- 43:21And I think that's so much for the
- 43:22better.
- 43:23And so, do you live a more rounded life?
- 43:25Definitely. Yeah, definitely. I don't go
- 43:28into my office at the crack of dawn and
- 43:31sit there all day and expect everybody
- 43:33else with the old ball and chain to be
- 43:35there. I mean, I I know from having a
- 43:38family and a career that actually having
- 43:41flexibility is really important and
- 43:43giving staff the ability to come in when
- 43:46they need to and work from home when
- 43:47they want to is important.
- 43:49But I guess you didn't always because I
- 43:51remember your reading the story about
- 43:52your son turning to you on holiday and
- 43:54saying, "I wish your Blackberry would
- 43:55blow up, mom," or something.
- 43:56Yes. Working mother is the best title
- 43:58for me because there's two things that
- 44:00are very important in my life, and that
- 44:02is my family and my work. And I've tried
- 44:06my very best to to make those things
- 44:09work together. Sometimes you don't get
- 44:12it right. Sometimes you have to decide
- 44:14that family is more important than work
- 44:16or work has a priority that's more
- 44:19important than family and you have to
- 44:21try and juggle and you spend your whole
- 44:23life going sports day, board meeting,
- 44:27parents evening, board meeting, you
- 44:29know, and you never know where you can
- 44:31be. And until you come to the conclusion
- 44:34that you cannot be in all the places you
- 44:39need to be, you you you can only do the
- 44:41best you can do. It's a sort of relief.
- 44:44And sure, my kids will always say, "I
- 44:48worked throughout their whole growing
- 44:50up." Um, but they learn different things
- 44:53from a working parent. the ability to be
- 44:55independent, to have uh ambition, to
- 45:00value yourself, to work hard. Those are
- 45:03those are very good lessons as well.
- 45:05And do you set aside time to like switch
- 45:07off as they say?
- 45:08I don't need to switch off.
- 45:10Interesting.
- 45:10I mean, nothing's work unless you'd
- 45:12rather be doing something else, I find.
- 45:14And there are times when I think, oh
- 45:16god, I got to go and do that like today.
- 45:18[laughter]
- 45:20No, I'm only joking. I'm only joking.
- 45:21But there are times when you go, oh,
- 45:22I've got to go and do that. And you only
- 45:24feel that sort of but the one thing this
- 45:28drive for independence
- 45:30it also comes with another added bonus
- 45:34and that added bonus is the ability to
- 45:37say no. If I don't want to do anything
- 45:39all I have to say is no thank you. When
- 45:41you're building a career you have to say
- 45:43yes to everything and you have to say
- 45:45yes even when you so want to say no and
- 45:48you say yes and you think how do I get
- 45:49out of this? try to think of a million
- 45:51million things you know million excuses
- 45:54uh to get out of it but when you are
- 45:57independent you can say no and it's a
- 46:00great
- 46:02freedom to not have any obligation where
- 46:05you have to you don't have to say yes to
- 46:07anything you can say no if you don't
- 46:09want to do something and you say yes
- 46:10when you want to do it and you tend to
- 46:12enjoy that balance of your life a lot
- 46:14more
- 46:15we met in Saudi Arabia for anybody that
- 46:17doesn't know that was the first time
- 46:17we'd met and I'd watched you on you know
- 46:19TV growing up. But in Saudi Arabia, we
- 46:21were on stage together. We were in a
- 46:23panel of five and what happened on the
- 46:26stage, I actually came back and told all
- 46:27my team and I said, "I absolutely I love
- 46:30her." Right. So, I don't know if you
- 46:31know what I'm about to say. I don't.
- 46:33You don't. Okay. So, we're on stage um
- 46:36in Saudi Arabia, kind of like a Dragon's
- 46:38Den style thing where these
- 46:38entrepreneurs are coming up and pitching
- 46:39to us and one of the panelists, one of
- 46:42the male panelists to my left
- 46:44[snorts]
- 46:44um you went to ask a question, right?
- 46:47All right. I don't know if you remember,
- 46:48but you went to ask a question of the
- 46:50entrepreneur that was pitching to us and
- 46:52then one of the male panelists to my
- 46:53left, he kind of like interrupted you
- 46:55and and spoke and carried on speaking
- 46:58and you waited about 30 seconds. You let
- 47:00him finish his kind of interruption and
- 47:02then in front of what must have been a
- 47:04thousand plus people. You turned to him
- 47:07very calmly said, "One second, I asked
- 47:09my question first." And then you carried
- 47:11on with your question and the whole
- 47:13audience burst into applause.
- 47:15I do remember that. Do you remember?
- 47:16[laughter]
- 47:17I do remember that.
- 47:19And I'm sat there like, "What?"
- 47:20I do remember that. I do remember that.
- 47:23I was really quite annoyed.
- 47:25Really?
- 47:25Um I was annoyed because we'd gone to
- 47:29Saudi. Well, I'd gone to Saudi to talk
- 47:32about the importance of women and our
- 47:35rights and being respected. Uh and then
- 47:38to be spoken over on a stage, I was not
- 47:41going to let that go under any
- 47:43circumstances. And I think it was a good
- 47:45way of being able to show how it's
- 47:48important to stand up for yourself and
- 47:50not to be walked all over. And I
- 47:52certainly was not going to be walked all
- 47:54over.
- 47:54And everyone in the room understood that
- 47:58moment for big significance you
- 47:59described there because
- 48:00it was in a very unemotional
- 48:02professional way. It wasn't in a
- 48:04It was the most classy like wonderful
- 48:07polite way to destroy someone.
- 48:10[laughter]
- 48:11It was like that's why I said to my team
- 48:14after I was like she the way she did it
- 48:15was so like classly classy and like
- 48:18gracious but it made such a profound
- 48:20point and you could tell the point was
- 48:21made because the whole room burst into
- 48:22applause. But that kind of brings me on
- 48:25to a wider point about and as you say
- 48:27the reason why you're in Saudi is this
- 48:29battle that I know you've had through
- 48:31your career with men kind of
- 48:32underestimating you or sexism which I
- 48:34guess started when you first got the job
- 48:35at Birmingham.
- 48:37Yeah. I mean, I remember my first um
- 48:42away game. I think it was Watford, and I
- 48:44turned up and I said, "Oh, hi. Could you
- 48:46tell me where the boardroom is?" And
- 48:47this little old boy, little steward on
- 48:49the desk, he went, "Oh, director's wives
- 48:50over there." And I said, "That's
- 48:51interesting, but where where is the
- 48:53boardroom?" And he said, "Dear, you
- 48:55don't understand. The director's wives
- 48:57go in the ladies room." And I said, "No,
- 48:59I don't think it's you understand. I am
- 49:00the managing director, so I want to know
- 49:02where the boardroom is." And this little
- 49:03boy put his little glasses on. He went,
- 49:05"Oh, yes." He said, "Yes, you're that
- 49:07woman. Stay here and I'll find out what
- 49:09to do with you." Because there were no
- 49:12other women in football. So, there was
- 49:14never a woman in the boardroom. And
- 49:16women weren't, you know, weren't welcome
- 49:18in in boardrooms because it was meant to
- 49:20be the place where the directors or met.
- 49:22And of course, they were all men. And I
- 49:24remember thinking that it was the very
- 49:26first door I'd kicked down. And I was
- 49:28determined that I would keep that door
- 49:32open as wide and as long as possible to
- 49:34get as many other women through as
- 49:36possible. And that is something I've
- 49:38spent my last 30 years doing. It's
- 49:40really important to me. It's really
- 49:42important that that there is a sense of
- 49:45equality and equal pay and equal respect
- 49:49for everything that you do regardless of
- 49:53where you're from, what sex you are,
- 49:55what your beliefs are, how you look,
- 49:57where you're educated. Equality is very
- 49:59important to me.
- 50:00Why do you think it's so important to
- 50:01you in particular? I think because look
- 50:05at 23 I was given the challenge and
- 50:08chance of a lifetime and I took that and
- 50:10I knew that that started with someone
- 50:14having trust in me and I knew that there
- 50:18were so many talented people out there
- 50:20that didn't have someone that had that
- 50:21trust in them and I wanted to be that
- 50:23person. Did you experience um sort of
- 50:27sexist behavior from the players?
- 50:30Occasionally, but nothing that I
- 50:33couldn't deal with. I mean, I was very
- 50:34lucky in a sense that from 16 to 18, I
- 50:39went to a boarding school that was
- 50:42predominantly all boys. So, it had girls
- 50:44in the six forms. So, he had like, I
- 50:46don't know, 20 girls and 600 boys. So
- 50:49being surrounded with young men all had
- 50:52something to say and knowing how to deal
- 50:54with that was something that stood me in
- 50:57good goodstead for my career. So it
- 51:00wasn't difficult for me and I didn't get
- 51:02phased by it and it didn't upset me and
- 51:04I wasn't emotionally damaged and I
- 51:06didn't feel scarred and I didn't had to
- 51:07go crying to anyone. I I I could deal
- 51:11with it. It didn't phase me and it was
- 51:13an irrelevance of mine. One of the
- 51:15things that I've noticed specifically in
- 51:16the like black community is or one of
- 51:19the concerns I had growing up was I'd
- 51:20see in some of my black friends that the
- 51:23belief that they were they were at a
- 51:25disadvantage actually seemed to hurt
- 51:27them more than the disadvantage itself
- 51:29if that makes sense.
- 51:31Do do you have the same concern that
- 51:35worrying too much that you might not get
- 51:37in will stop you from taking the actions
- 51:39to get in if that makes sense? I'm sure
- 51:42every
- 51:45every woman at some point in their
- 51:47career when they've had to say shall I
- 51:50stop to have a family
- 51:52what is that going to you know how is
- 51:53that going to affect me how is that
- 51:55going to affect my pay my career
- 51:57prospects my promotion my standing I'm
- 52:00sure every woman at that point has had
- 52:02that that thought and unfortunately or
- 52:05fortunately as we you know women give
- 52:08birth to all the taxpayers in the world
- 52:10we deserve have a break really. So I'm
- 52:13sure it is a thought that crosses
- 52:14people's mind. I mean I read some
- 52:16research that 54,000
- 52:19returning new mothers to work are so
- 52:23badly treated because they are
- 52:25considered to be a burden to the teams
- 52:28in which they work. People are going to
- 52:29think they're going to want to go early.
- 52:31They're not going to be as focused.
- 52:33They're going to have brain fog that
- 52:35they are eitherounded out of their jobs
- 52:37or choose to leave. And that's a
- 52:39shocking statistic really.
- 52:41Um, so yeah, I I can see how people are
- 52:44just, you know, waiting for that moment
- 52:47when someone, you know, when you do have
- 52:49to say, I have to go and pick my son up
- 52:51from school. I have to leave early. It's
- 52:53a difficult conversation and you're
- 52:55considered to be, you know, less
- 52:57valuable because you have these these
- 52:59these real other issues. So I I can
- 53:02understand how it plays on people's
- 53:04mind, but it's important for
- 53:07women like me to change attitudes
- 53:10because if I don't do if if women like
- 53:12me have achieved something, if we don't
- 53:15use our voice to change it for the next
- 53:17generation, who's going to do it?
- 53:19One of my guests pointed out to me um a
- 53:21couple of weeks ago that when a woman is
- 53:22successful and she's a mother, people
- 53:25always ask the question like, "Oh my
- 53:26god, how do you how do you do it?"
- 53:28Whereas when a guy is successful, even
- 53:29if he's a father, no one no one cares
- 53:31about. Well, no one asks. No one asks
- 53:33because they presume he's got a wife.
- 53:34Yeah.
- 53:34Who's doing it for him?
- 53:36Yeah. Like Joe Wix. Joe Wix has been
- 53:39here once or twice. And when Joe Wix is
- 53:41doing all of his stuff, Pee for Joe,
- 53:43etc., no one is on his Instagram going,
- 53:44"What about the kids?"
- 53:45Yeah. [laughter]
- 53:47But um we've had women entrepreneurs
- 53:49that have been here who do a very very
- 53:50similar thing to Joe Wix. And it's the
- 53:52question that they get asked all over
- 53:53their Instagram if they do a workout on
- 53:54their social media. It's like, "Well,
- 53:56where are the kids?"
- 53:56But I think there's two reasons for
- 53:58that. One is other women want to know
- 54:00how do you manage that so you
- 54:02[clears throat] can inspire me to to to
- 54:05find a way um and the other is because
- 54:08it's uh it's an easy thing to ask a
- 54:10woman and that's the lazy question you
- 54:13know where are your kids? What do you do
- 54:14with your kids? How do you manage with
- 54:16your kids? It's a bit like when whenever
- 54:20you know whenever there's a picture of a
- 54:23a woman there's always what she's
- 54:26wearing.
- 54:27Yeah. uh where is never for a man. Maybe
- 54:30because women wear better clothes. I
- 54:31don't know. It is [laughter]
- 54:32but it's always about what you're
- 54:34wearing, where'd you get it, how much
- 54:35was it?
- 54:36Um and it's always defined you, you
- 54:39know, uh so and so in her bright pink
- 54:42jacket. They don't say, "Oh,
- 54:44[clears throat] Steven in his black."
- 54:45I wish they did, but [laughter] clearly
- 54:47not interesting enough.
- 54:49I had a few words to say about one of my
- 54:51sponsors on this podcast. As the seasons
- 54:53have begun to change, so has my diet.
- 54:55And um right now I'm just going to be
- 54:57completely honest with you. I'm starting
- 54:58to think a lot about slimming down a
- 55:01little bit because over the last couple
- 55:03of probably the last four or five months
- 55:05my diet has been pretty bad. Um and it
- 55:07started to show a little bit really over
- 55:09the last two months. I go to the gym
- 55:10about 80% of the time. So I track it
- 55:12with 10 of my friends in a WhatsApp
- 55:14group in this tracker online that we all
- 55:16use together. We call it fitness
- 55:17blockchain. And I'm currently at 81%.
- 55:21Um, so 81% of the days I've done a
- 55:23workout in the last 150 days, right? So
- 55:27I'm going to the gym about six times a
- 55:29week, that's been a little bit impacted
- 55:31by the Derio Live tour, but I'm trying
- 55:33to stick to it. And so one of the things
- 55:35I'm doing now to reduce my calorie
- 55:37intake and trying to get back to being
- 55:38nutritionally complete in all I eat is
- 55:40I'm having the Hule protein shake. Thank
- 55:44you, Hu, for making a product that I
- 55:45actually like. The salted caramel is my
- 55:47favorite. I've got the banana one here,
- 55:48which is the one my girlfriend likes.
- 55:49But for me, salted caramel is the one.
- 55:54Paul, your husband Paul
- 55:56been together since 1995. I think you
- 55:58met him at Birmingham. He was like the
- 56:00star player.
- 56:02How's that been, you know, being such a
- 56:05careerdriven person, um, who's had these
- 56:10fairly all-consuming jobs throughout the
- 56:12years. You know, it's funny when I
- 56:14there's an interesting thing that
- 56:15happens in the comments section when I
- 56:16because I ask every single guest, every
- 56:18single podcast about relationships. It's
- 56:20what something I'm just really intrigued
- 56:21by because I've struggled over the years
- 56:23with my work and trying to balance the
- 56:24relationship. But when I ask women this,
- 56:26people again, I understand why they
- 56:28assume that I'm asking it because for
- 56:30the same reasons we've just described,
- 56:32like I'm trying to understand how you
- 56:34can be a wife but also hardworking. So,
- 56:36I just want to put that out there
- 56:36because I see a lot of the [laughter]
- 56:37comments. But no, I'm really curious.
- 56:39you know, you've been this pretty
- 56:40relentless entrepreneur for the last
- 56:42three decades, whatever it's been. How
- 56:44has it been to to manage a relationship
- 56:47and be that person um and a partner
- 56:49while also being the tremendous business
- 56:52woman?
- 56:52Well, um you have to remember that we've
- 56:54been married a very long time. And when
- 56:56we first got together, Paul's career was
- 56:59much more dominant than mine really. and
- 57:02uh he was traveling around playing at
- 57:04different clubs, playing for his country
- 57:07and I was the one staying at home
- 57:08looking after the kids having my career
- 57:11and and working around that and he was
- 57:14the one going around and then he uh
- 57:16retired from football and my career took
- 57:18off a bit and then he became a football
- 57:20manager and I stayed home more with the
- 57:21kids and we sort of we've balanced our
- 57:24our lives to give each other the space
- 57:27to do the things that we love that make
- 57:30us rounded individuals.
- 57:32I have no jealousy of anything he does
- 57:35and equally to me. So, for example, when
- 57:38I'm filming The Apprentice, um I don't
- 57:41know how it how it works on on Dragon's
- 57:43Den, but when we film The Apprentice,
- 57:44when it says it's 4:00 a.m., the
- 57:46voiceover says it's 4:00 a.m., it really
- 57:48is 4:00 a.m. And we work 16 to 18 hours
- 57:53a day, seven days a week for five weeks
- 57:55to produce that show without a break.
- 57:57There isn't a day off. And it is really
- 58:00hardgoing. So I always say to Paul, it's
- 58:03much better if he's not there because I
- 58:06want to get up at four o'clock in the
- 58:07morning, have a bath, put the lights on,
- 58:09turn the television on, leave when I
- 58:12want, then get back maybe 8:00 at night,
- 58:15go straight to bed, ready for a 4:00
- 58:18a.m. start the following day or whatever
- 58:19it is. So he goes to Canada to see his
- 58:21family because his parents live in
- 58:23Canada and he has a great time with his
- 58:25family and I can focus on what I have to
- 58:27do without any distractions because what
- 58:30happens during that period is let's say
- 58:32he might say um should you go out for
- 58:35dinner tonight and I'll say yes and then
- 58:37I don't get home because filming's
- 58:39overrun and I'm not home till 1:00 in
- 58:41the morning and then he's like oh you
- 58:42coming you're not coming and I I just
- 58:44it's too much. It's on top of everything
- 58:46else it's too much. It's much better if
- 58:49I have my space to do what I've got to
- 58:51do and he has his space to do what he's
- 58:53got to do. But the one thing that we
- 58:55have in common is we've built a great
- 58:57family and we we respect each other. We
- 59:00love our kids. Our kids are our whole
- 59:02life. Even though they are, you know, 25
- 59:05and 23, we everything is about our
- 59:08family and everything we do together is
- 59:10is really important. And I have to say,
- 59:13if you said to me, you got one day left
- 59:15on the earth. What would you do with it?
- 59:17I'd want to spend it with my husband and
- 59:19my two kids because we have such a great
- 59:21laugh together and we're good friends
- 59:24and there's a real bond of family
- 59:27between us.
- 59:28How important is it to be candid?
- 59:30Because that's kind of what you were
- 59:31describing there, being so candid with
- 59:32how you're feeling and what you're going
- 59:34through. A lot of people don't have that
- 59:35in relationships.
- 59:36Oh, we're definitely candid. [laughter]
- 59:38We're definitely candid.
- 59:39And how important is that, do you think?
- 59:40I'm asking for myself.
- 59:41I think it's really important because
- 59:44you can't pretend to be someone you're
- 59:46not.
- 59:48It's a bit like in an early part of a
- 59:50relationship. I got a friend who's have
- 59:51got an early part of a relationship and
- 59:53the guy she [clears throat]
- 59:54is with likes the opera. She cannot
- 59:57stand it. But she's saying, "Oh yes,
- 1:00:00love the opera." And I'm like, "Why
- 1:00:01don't you just say hate the opera? I
- 1:00:02couldn't think of any. I'd rather do
- 1:00:04less." Because when he finds out
- 1:00:06actually you hate the opera and then or
- 1:00:08or you find out you got to go more to
- 1:00:11the opera and you're going to resent it.
- 1:00:13Why not just be honest from the start?
- 1:00:14Say I really can't stand the opera. You
- 1:00:16go. You have a nice time. Let me know
- 1:00:17what it's like. I think it's probably
- 1:00:19our relationship is not needy.
- 1:00:22So he doesn't need me. I don't need him.
- 1:00:25We want to be together, but we don't
- 1:00:28need to be together. I don't need to
- 1:00:30know where he is every minute of the
- 1:00:32day. I don't need to know what his
- 1:00:34thoughts are on every single thing or
- 1:00:36everything I do. I think if he could
- 1:00:38have me a little bit more needy,
- 1:00:40probably would. But he knows that I'm
- 1:00:43very self-sufficient and don't need much
- 1:00:47from anyone. Um, and I think that's
- 1:00:50again going from boarding school where
- 1:00:52you're very much on your own. you like
- 1:00:53your own company, but we we don't we
- 1:00:57don't there's not a neediness in the
- 1:00:58relationship where uh I say to him, "Oh,
- 1:01:02I've been invited to go um to to
- 1:01:05Buckingham Palace for um dinner with the
- 1:01:08queen." And it's a white t. I'm not
- 1:01:10going to that. I'm not a white tie. I'm
- 1:01:12not getting a white tie. And he won't
- 1:01:13come. Like he's not if he doesn't want
- 1:01:15to come to anything, he won't come. Uh
- 1:01:17and I'll say, "Oh, I've got this, you
- 1:01:19know, thing. Do you fancy doing that?"
- 1:01:21He'll say, "No, definitely not." or
- 1:01:22he'll say, "Should we I fancy doing
- 1:01:24this?" And I'll say, "No, I don't want
- 1:01:25to do that." So, we we very candid with
- 1:01:28each other and it works for us.
- 1:01:30This is the single biggest mistake I
- 1:01:31made at the start of my relationship and
- 1:01:32me and my girlfriend had a conversation
- 1:01:34and we discussed it was I was saying yes
- 1:01:36too much to things to try and please
- 1:01:38because you feel like that's what's
- 1:01:39needed. Whereas I came to learn over the
- 1:01:42years, and I literally had this
- 1:01:43conversation with my girlfriend over the
- 1:01:44last month, that in fact, I need to just
- 1:01:47be honest more regardless of how I think
- 1:01:50it might impact her
- 1:01:52because you see, you're saying yes when
- 1:01:53you really want to say no.
- 1:01:54Yeah.
- 1:01:55And then you've got this sort of
- 1:01:56underlying resentment. And it's much
- 1:01:58better to just say no and suffer the
- 1:02:00consequences.
- 1:02:01Yeah, definitely.
- 1:02:02Versus forever. Because as you say with
- 1:02:04the opera, I then have to try and live
- 1:02:06out this life forever.
- 1:02:07Exactly. Exactly. And I think it's
- 1:02:10important to have your own space and
- 1:02:11your own friends and do your own thing.
- 1:02:14Um, you know, you're married, but you're
- 1:02:16not joined at the hip. And there's of
- 1:02:18course there has to be a level of mutual
- 1:02:19respect there and and honesty and trust
- 1:02:22and all of those things. That goes
- 1:02:23without saying, but you're not the same
- 1:02:25person. And it is okay to have different
- 1:02:28interests and it is okay. My husband is
- 1:02:30a gym bunny. He's professional athlete.
- 1:02:32He's at the gym morning, noon, and
- 1:02:34night. I could not think of anything I'd
- 1:02:36rather do less. As you can see, I'm not
- 1:02:38a gym bunny. I don't go to the gym. I
- 1:02:40got no desire to go to the gym.
- 1:02:42This is I'm going to the gym. Yeah, bye.
- 1:02:44And that's it. Uh, and I say I'm going
- 1:02:46to a board meeting like, "Yeah, bye."
- 1:02:48Like, he couldn't think of anything he'd
- 1:02:49rather do less. But it's we respect each
- 1:02:52other's space and views and ideas and we
- 1:02:54don't have to debate every last thing or
- 1:02:58every last decision. Um, and
- 1:03:01everything's okay. Like we we don't
- 1:03:04worry about anything. We don't not say
- 1:03:06we don't worry about anything. We don't
- 1:03:07sweat about stuff.
- 1:03:09Uh, you know, I don't care if he doesn't
- 1:03:11pick up his socks.
- 1:03:13Interesting. [laughter]
- 1:03:15The whole world is not going to stop
- 1:03:17because they've picked up your socks.
- 1:03:19But the I tell you what really is
- 1:03:20important in a relationship
- 1:03:22is understanding when other people are
- 1:03:25under pressure and being there for them.
- 1:03:28And I don't mean being in there with
- 1:03:31them, but I mean just being there for
- 1:03:33them and doing the things that really
- 1:03:35matter to them as opposed to big
- 1:03:37romantic gestures. I can't I mean I'm
- 1:03:40not a flower person. I don't
- 1:03:41particularly like flowers. If someone
- 1:03:43bought me flowers, it's okay, but I'm
- 1:03:45not a big I don't need flowers. But my
- 1:03:49husband used to fill my car up with
- 1:03:50petrol, so it was one less thing I had
- 1:03:53to worry about. And it's small things
- 1:03:56like that that build a foundation
- 1:03:59because you know that person's there for
- 1:04:01you even though it's not a big romantic
- 1:04:03gesture that the whole world can see cuz
- 1:04:05that's really not very important to me.
- 1:04:07Have you ever done the love languages
- 1:04:08test thing?
- 1:04:09No, I don't even know what it is.
- 1:04:11So I'm not into this kind of woothing
- 1:04:13thing but this is actually quite
- 1:04:14from just 17 magazine or something. I I
- 1:04:16[laughter] don't even know what it is,
- 1:04:17but it's probably it's a series of
- 1:04:19questions which try to understand how
- 1:04:21the the type of love indicator that you
- 1:04:25most appreciate and it tends to be the
- 1:04:27case that busy entrepreneurial people
- 1:04:29their their love language is and as is
- 1:04:31mine is acts of service and it's exactly
- 1:04:33what you've described the tiny little
- 1:04:35thing to help in a moment. So like
- 1:04:37helping you pack your luggage when they
- 1:04:39know you're traveling
- 1:04:40or just doing that tiny and for me when
- 1:04:41I did I did the survey with my
- 1:04:43girlfriend I'll send it to you. Mine was
- 1:04:44acts of service for me. The most
- 1:04:45meaningful thing someone can do for me
- 1:04:46in a relationship is exactly what you
- 1:04:48said is like
- 1:04:49help me with a tiny thing that you know.
- 1:04:51Yeah.
- 1:04:52But is his sort of love language per se
- 1:04:54the same? Some people say is like touch,
- 1:04:56words of affirmation, acts of service or
- 1:04:58gifts is one of them.
- 1:04:59I think you take any of the above.
- 1:05:01Oh, really? [laughter]
- 1:05:03Does he get it?
- 1:05:05Yes, he does. No, we we uh I think for
- 1:05:08us the most important thing for us is
- 1:05:10having a laugh, having lots of family
- 1:05:12and friends that we enjoy their company
- 1:05:14with. And you know, it's interesting.
- 1:05:17Lots of couples have been married a long
- 1:05:19time. They need lots of people around
- 1:05:21them to break up. You know, they have
- 1:05:25lots of friends over, lots of do lots of
- 1:05:27things, big parties and stuff like that.
- 1:05:29I'll tell you the one thing he does for
- 1:05:30me every day without fail is um he takes
- 1:05:33the dog for a walk which is very
- 1:05:35important and he picks up a coffee and
- 1:05:39he brings it straight to me and that
- 1:05:41because he knows I cannot start my day
- 1:05:43without without a coffee and that's his
- 1:05:45big love moment every day.
- 1:05:48Is there a need to maintain desire when
- 1:05:50you're sort of two almost three decades
- 1:05:52into your relationship? Is there things
- 1:05:53to do? Is there a strategy to keep it?
- 1:05:56This is the wrong podcast. [laughter]
- 1:05:59Okay. Different shades as the CEO.
- 1:06:02Exactly.
- 1:06:04Okay. Is that the answer? You should
- 1:06:06follow [laughter] your arms.
- 1:06:09Do you know Do you know what I mean?
- 1:06:11Date nights. I don't know. Is there
- 1:06:12something that I should be thinking
- 1:06:14about when I get
- 1:06:15Well, you I think from our point of
- 1:06:16view, our kids are grown up, so every
- 1:06:18night's a date night for us. But I think
- 1:06:20doing things that are different and
- 1:06:22unusual. I mean we went on this
- 1:06:23fantastic tour of Thailand where we went
- 1:06:26all over did really crazy wonderful
- 1:06:30things that were were really good fun.
- 1:06:32So we try and do more experienceled
- 1:06:35things but equally we are you know we
- 1:06:39are prepared to go in our tracksuits and
- 1:06:42go out to the pub. Um I mean I guess our
- 1:06:46happy place if I have to think about
- 1:06:47happy place is Soho Farmhouse. It's a
- 1:06:49real happy place for us and we tend to
- 1:06:52try and go one weekend a month um and we
- 1:06:55spend two nights and really don't do
- 1:06:57anything. Take the dog on long walks,
- 1:06:59have loads to drink, watch a film, go
- 1:07:03out, eat lots of food, just relax.
- 1:07:07One thing you've never I've never seen
- 1:07:09you talk about from from all that I read
- 1:07:10is mental health, your own mental
- 1:07:12health. This is kind of a a fairly new
- 1:07:15conversation that's happened in the last
- 1:07:1610 years. But have you had experiences
- 1:07:19with things like anxiety or depression
- 1:07:21within your own sort of mental health?
- 1:07:22No, I haven't. Uh maybe I have, but I
- 1:07:25just haven't focused on it or haven't
- 1:07:27really thought about it. I think we all
- 1:07:29have bad days, don't we? Where we're
- 1:07:31sort of more snappy than than others and
- 1:07:34days were really good. I started HRT
- 1:07:37recently and I found myself singing in
- 1:07:39the kitchen the other day, which is
- 1:07:41something I don't think I've ever done.
- 1:07:43And I was like, Christ, this stuff's
- 1:07:44working. [laughter]
- 1:07:46So, but no, I have this resilience from
- 1:07:49this, you know, from my very early age
- 1:07:52to be able to put things to one side and
- 1:07:54focus on what needs to be done and not
- 1:07:56really worry too much about it, which is
- 1:07:58probably both a blessing and a curse.
- 1:08:00And you do you describe yourself I was
- 1:08:02reading one of your books. Do you
- 1:08:03describe yourself as a feminist?
- 1:08:05Definitely.
- 1:08:06Yeah. And what does that mean to you?
- 1:08:08To me, it means equality. It doesn't
- 1:08:10mean wanting more than men. It doesn't
- 1:08:13mean disliking men. It just means that
- 1:08:16women's rights should be equal to men's.
- 1:08:18It has been stigmatized, hasn't it, that
- 1:08:20the word feminism. It's this kind of
- 1:08:21like I feel like it's become a little
- 1:08:23bit of a well, the stigma is it's kind
- 1:08:25of this anti-man
- 1:08:27rhetoric. Whereas really, I think men
- 1:08:28should be feel like they're feminists,
- 1:08:30too.
- 1:08:31Definitely. every every man has a mother
- 1:08:34um has an aunt has a sister has a cousin
- 1:08:36has a female in his life that should
- 1:08:39want them to be treated equally. I mean
- 1:08:41it's a it's a truth for for every pound
- 1:08:43a man makes a woman makes 86p and it's
- 1:08:45going to take a hundred years to close
- 1:08:47that gap and you get into industries
- 1:08:49like finance you know that gap is is
- 1:08:53much bigger than that so it's just about
- 1:08:55equality it's about not being
- 1:08:57discriminated against because you're a
- 1:08:59woman not being paid less because you're
- 1:09:01a woman not being able to earn your
- 1:09:04worth because you're a woman that's what
- 1:09:05it means to me
- 1:09:07as we look forward at the future you've
- 1:09:09achieved so so much in your life in your
- 1:09:11career It seems like from what you cuz
- 1:09:13you said earlier on that you weren't
- 1:09:14ambitious when you seems like you've
- 1:09:15probably surpassed your childhood early
- 1:09:18years ambitions already. Is that an
- 1:09:20accurate I don't want to put words in
- 1:09:21your mouth, but is that accurate?
- 1:09:22Yeah, I would think so. Yeah.
- 1:09:23So, what what's what's driving you now?
- 1:09:25What's the the thing flipping the duvet
- 1:09:27and getting you out of bed if you've
- 1:09:29surpassed all those ambitions?
- 1:09:30I mean, the toughest thing about being a
- 1:09:32success is you got to keep on being a
- 1:09:34success. There's no point in having a
- 1:09:37successful year last year to do nothing
- 1:09:39this year. And what drives that is
- 1:09:43ambition. And I really am disappointed
- 1:09:47when people are afraid to say they're
- 1:09:48ambitious because we tend to think
- 1:09:50ambitious people are ruthless people.
- 1:09:52And that's not the case. Ambition is
- 1:09:54that spark. It's that fire inside of
- 1:09:57yourself that won't let you settle for
- 1:10:00anything other than what you think you
- 1:10:02deserve and what you want. And uh I love
- 1:10:07what I do. I feel so proud that I run
- 1:10:11West Ham. I feel so proud that I'm in
- 1:10:12the House of Laws and the work that's
- 1:10:14important there that has to be done. Um,
- 1:10:17I love the businesses that I'm involved
- 1:10:20in, the charities that I'm involved in.
- 1:10:22I've picked the things I wanted because
- 1:10:25I wanted to say yes to them. And I don't
- 1:10:28have anything I secretly wanted to say
- 1:10:29no, but say yes. So, um, I think a sort
- 1:10:33of allrounded life, whether it's doing
- 1:10:36the apprentice, something I love, is
- 1:10:37such good fun. I mean, we're there. I
- 1:10:39don't know how it is on your show, but
- 1:10:41on my show, there's a real level of
- 1:10:43support, and we're all good friends. I
- 1:10:45mean, Alan, Claude and I, we go on
- 1:10:46holiday together. We go out for dinner.
- 1:10:48We're we're friends. We're firm friends
- 1:10:50first and and and and foremost. And I
- 1:10:53love what I do, and I just want to keep
- 1:10:56doing it.
- 1:10:57Is there a goal or an ambition for you
- 1:10:59or is it more of the same? Is that the
- 1:11:01Do you have like a when you think okay
- 1:11:0310 years from now
- 1:11:04I've never had that. I've never set
- 1:11:05milestones. I mean I did have when I was
- 1:11:08younger I had a flat and I wanted a flat
- 1:11:10that had heating
- 1:11:11and then I wanted a flat that had
- 1:11:13heating and a washing machine and then I
- 1:11:15wanted a flat that had heating and a
- 1:11:17washing machine and a car. So I did have
- 1:11:20those sort of milestones as opposed to
- 1:11:22ambitions. But I don't have any of that
- 1:11:23anymore. There's nothing I want. I don't
- 1:11:25ever look at people and think, "Oh, I
- 1:11:27wish I had that or I really want one of
- 1:11:30those." I actually don't want anything.
- 1:11:32I don't have a car. I don't need a car.
- 1:11:34I like to walk. I don't have a lot of
- 1:11:37stuff. Um I'm not uh my some people I
- 1:11:41know have wardrobes the size of your
- 1:11:44flap with so many clothes in. I buy a
- 1:11:46load of clothes for the apprentice and I
- 1:11:47give them all away to dress for success
- 1:11:49or to my staff when I'm finished. I
- 1:11:51don't have a lot of stuff and I've never
- 1:11:54wanted a lot of things. So, I don't have
- 1:11:56this sort of, oh, I must get a boat or a
- 1:11:59yacht. I mean, I'd never want anything
- 1:12:01like that. I love what I do. I'm very
- 1:12:04happy in my life. I'm very content. I
- 1:12:08wake up every morning without anxiety. I
- 1:12:10never feel I've bitten off more than I
- 1:12:12can chew. I never think how am I going
- 1:12:14to see through the day that is ahead of
- 1:12:16me. I'm never thinking about how I pay
- 1:12:19my bills. I'm never thinking about how
- 1:12:21do I keep up with the Joneses. I'm never
- 1:12:23worrying about those things that weighs
- 1:12:25a lot of people down and give them a lot
- 1:12:27of issues. I'm very happy. I'm very
- 1:12:29content. I've lived a full life. They
- 1:12:32say you only live once, but I think if
- 1:12:34you live it right, once is probably
- 1:12:36enough.
- 1:12:38Amen.
- 1:12:40I'm reflecting on n 18 19 year old Karen
- 1:12:43that starts at Sachi and and then the
- 1:12:45person that sat in front of me today and
- 1:12:48I'm wondering based on that full life
- 1:12:50and that experience you've had and all
- 1:12:52those boardrooms and experiences you've
- 1:12:53had what you would say to a 90 because
- 1:12:56there's going to be I know that you know
- 1:12:57on several platforms the majority of our
- 1:13:00listeners are female. What would you say
- 1:13:02to those young women that are starting
- 1:13:03out in their career? What
- 1:13:05[clears throat] would you whisper in
- 1:13:06their ears? They're on their Monday
- 1:13:07morning walks today and I see them
- 1:13:09uploading this on their stories. What
- 1:13:10would you say to them in terms of
- 1:13:11navigating their future?
- 1:13:14I would say grasp every opportunity. Try
- 1:13:17as hard as you can. Never be afraid to
- 1:13:20fail. And
- 1:13:23I was going to swear, but I won't.
- 1:13:24Swear. Please. [laughter] We swear every
- 1:13:26day.
- 1:13:26I'm not going to swear. Um and stand up
- 1:13:28for yourself. And and trust me, you do
- 1:13:31not want to get to 52 and look back on
- 1:13:34your life and say, "I wish I would
- 1:13:36have." You will always regret the things
- 1:13:38you don't do more than the things that
- 1:13:40you do. So, go and do stuff.
- 1:13:44Thank you. It's been honestly such a
- 1:13:45huge honor and pleasure to speak to you
- 1:13:47because yeah, I was in my team now. I've
- 1:13:49had this like weird captivated crush on
- 1:13:51you ever since I saw you in [laughter]
- 1:13:52Saudi Arabia because of that strength
- 1:13:54and that your your wisdom, your strength
- 1:13:56and your and all all you've achieved in
- 1:13:58your life. And it's it's very very
- 1:14:00inspiring and interesting to especially
- 1:14:04the the path you've walked in such a
- 1:14:06maledominated industry and how how you
- 1:14:09you've you'd forged your own success at
- 1:14:11just like 22 years old that that real
- 1:14:12pivotal moment where you take over a
- 1:14:13football club. Utterly fascinating and
- 1:14:16um yeah and we have a closing tradition
- 1:14:18on this podcast where the previous guest
- 1:14:20writes a question for the next guest.
- 1:14:22Oh goodness. You could have told me I
- 1:14:23could have said something really really
- 1:14:25[laughter]
- 1:14:26This is a question that's been left for
- 1:14:27you by Okay.
- 1:14:28a certain individual. Okay. Interesting.
- 1:14:31When you walk out of here after this
- 1:14:32beautiful conversation with Steven,
- 1:14:34[laughter]
- 1:14:34I didn't write this. After this
- 1:14:36beautiful conversation with Steven, do
- 1:14:38you feel enriched? And if so, what would
- 1:14:40you say to the next person you meet on
- 1:14:44your experience? I would say that
- 1:14:48[clears throat]
- 1:14:50sometimes it's
- 1:14:52very difficult to decide to share your
- 1:14:55story because you open yourself up and
- 1:15:00people get to know you in a way that
- 1:15:02maybe you never thought they would. But
- 1:15:06actually
- 1:15:07sharing your story you hope inspires
- 1:15:10someone else. And it also gives you the
- 1:15:13opportunity to look back and reflect on
- 1:15:16your own life because many of us are so
- 1:15:18busy moving forward that we stop to say,
- 1:15:21"Oh [ __ ] yeah, I was 19 once. What was
- 1:15:24I doing when I living in that horrible
- 1:15:26apartment with no washing machine and no
- 1:15:28heating and when I didn't have a car and
- 1:15:30how I worried about paying my bills?"
- 1:15:32It's it's easy when you're 52 to forget
- 1:15:35who you were at 18. And it's
- 1:15:38opportunities like this when you think
- 1:15:40about your life and the journey that
- 1:15:41you've been on that you can, you know,
- 1:15:44surprise yourself.
- 1:15:46And you don't do many interviews, do
- 1:15:48you?
- 1:15:48I don't. I'm I steal well clear.
- 1:15:51Why?
- 1:15:51Because I think it's time for other
- 1:15:53women to speak. I think that, you know,
- 1:15:56it's like I could take a whole load of
- 1:15:58non-execs and I could take valuable
- 1:16:00positions that other women could have.
- 1:16:02I've had my time. I'm 52. I've been
- 1:16:05there. I've done all that. I don't want
- 1:16:07to appear in okay magazine. I don't, you
- 1:16:09know, want to be posing in a swimsuit or
- 1:16:12any of those things. None of that
- 1:16:14appeals to me. I want to lead a
- 1:16:18calm,
- 1:16:19incidentree, [laughter]
- 1:16:22quiet life. Um, inspiring others in a in
- 1:16:26a way I can. I want nothing for myself
- 1:16:30out of this other than I hope that
- 1:16:32people have have enjoyed it.
- 1:16:36I certainly believe they would have.
- 1:16:39Thank you so much Karen for your time
- 1:16:40today and thank you for your wisdom.
- 1:16:41You're such a
- 1:16:42classy grace graceful inspiring human
- 1:16:45being and yeah you've inspired me in so
- 1:16:47many ways not just from watching you
- 1:16:49growing up on the apprentice but also in
- 1:16:51Saudi Arabia and again today. So I'm I'm
- 1:16:53I have a debt of gratitude that I owe to
- 1:16:55you and thank you for being here.
- 1:16:56Thank you so much for having me.
- 1:16:59[music]
- 1:17:01Heat. Heat. N.
- 1:17:04[music]
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This page contains the full transcript of Karren Brady: How To Win At Entrepreneurship & Love (at the same time!) by The Diary Of A CEO, generated from the public captions YouTube serves with the video. The transcript has 15,428 words across 2,191 segments, with the original timestamps preserved so you can click any line to jump to that moment in the embedded player.
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