• 122: Emily Kramer: The rise of pi-shaped marketers and picking future unicorns

  • Jun 4 2024
  • Duración: 56 m
  • Podcast

122: Emily Kramer: The rise of pi-shaped marketers and picking future unicorns Por arte de portada

122: Emily Kramer: The rise of pi-shaped marketers and picking future unicorns

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  • What’s up everyone, today we have the pleasure of sitting down with Emily Kramer, Co-Founder at MKT1.Summary: Emily explored the convergence of marketing, investment, and startup growth, delivering actionable insights for marketers, founders, and investors. When picking future unicorns, she attributed timing and luck but stressed the importance of selecting startups that value marketing and whose products meet real needs in growing markets. Emily advocated for rigor in selecting martech tools that align with business goals, enhancing efficiency without compromising content quality. She also highlighted the need for "pie-shaped" marketers in startups, professionals who combine deep expertise in at least 2 areas like growth and product marketing, but also with a broad foundation. Additionally, Emily underscored the value of leveraging marketing skills in angel investing and internal advocacy, enhancing both startup viability and internal team alignment. About EmilyEmily started her career in Media planning at Ad agencies in SanFran and also had a stint in growing a programmatic ad platformShe went back to school to complete an MBA at Harvard and joined Salesforce as a Product Marketing MBA intern before later joining a startup called Ticketfly as an early marketing team member Emily then made the mega move to Asana as Head of Marketing as the 35th employee where she built and scaled the marketing team from 1 to 25 in less than 4 yearsShe moved on to an email app startup called Astro Technologies as VP of Marketing where she led the company to Series A funding and won the esteemed ProductHunt Golden Kitty award for mobile app of the year in 2017 - this startup looked a lot like the AI productivity apps popping up today, a few years too early.Emily then joined Carta as VP of Marketing where she grew the team from 2 to 30 and sat on the exec team and reported directly to the CEO. While there she co-authored a ‘gender gap in equity’ study which was featured in over 50 publicationsEmily then kickstarted her entrepreneurial path and started dabbling in Angel investing. She took First Round’s Angel Track which helped turn her investing hobby into a new career where she’s now invested in over 50 companies as an angel investorShe joined Empower Work as a Board Member, an NPO providing text support for vulnerable workers facing challenging work situationsIn October 2020, Emily made the plunge and launched (market-1) MKT1 with her co-founder Kathleen, initially as an advisory business, then as a newsletter and community aimed at helping founders and marketers scale their teams and later as a Capital fund helping early-stage B2B startups.The Secret to Picking Future Unicorn StartupsEmily shared her journey through the startup world, sprinkled with good timing and fortunate circumstances. She entered business school just after the 2008 financial crash, a tumultuous time that surprisingly set her up for success in the entrepreneurial realm. By the time she re-entered the workforce, the economy was bouncing back, providing a fertile ground for new ventures. Her departure from startups came just before the COVID-19 pandemic, sparing her from the subsequent turmoil many companies faced.Her method for evaluating potential startups has evolved but is based on a simple principle: the importance of a solid product that the target audience would endorse, even if they wouldn't use it themselves. Emily stresses the need for a product to be compelling to those it aims to serve, a criterion often overlooked by non-marketers. A great market and a capable team are also on her checklist, but a unique selling point for Emily is the company's marketing strategy. She looks for what she now calls "marketing advantages," such as a unique story, SEO potential, or network effects that could give a company an edge.Emily's first startup job was driven by her love for music, working at Ticketfly, where she was immersed in the scene she adored. This role merged her personal interests with professional opportunities, which was fulfilling but also a learning curve. It led her to pivot towards a more B2B focus, taking her to Asana. There, she saw early traction and a team capable of winning on multiple fronts, confirming her belief in the startup’s potential.She advises marketers to think like investors when considering startup roles. It’s not just about a paycheck; it’s about believing in the product and the team. This mindset shift is crucial, especially as one’s career progresses and the stakes get higher. Understanding the company's vision and its alignment with marketing is essential—not just for the company's success, but for personal career growth as well.Key takeaway: For marketers eyeing startup opportunities, it's crucial to evaluate the company with a discerning eye: Is the product something people genuinely need and love? Is the market ripe for growth? Does the company understand and value marketing? These factors...
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