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Karren Brady: How To Win At Entrepreneurship & Love (at the same time!)

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Karren Brady: How To Win At Entrepreneurship & Love (at the same time!)

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2191 segments

0:00

Could you do me a quick favor? If you're

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listening to this, please hit the follow

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or subscribe button. It helps more than

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you know. And we invite subscribers in

0:06

every month to watch the show in person.

0:07

I remember my first away game and I

0:10

turned up and I said, "Oh, hi. Could you

0:11

tell me where the boardroom is?" And he

0:13

said, "Dear, you don't understand. The

0:15

director's wives go in the ladies room."

0:16

And I said, "No, I don't think it's you

0:18

understands. I am the managing

0:20

director."

0:21

Baroness Brady. [music]

0:22

She's one of Britain's most successful

0:24

business women. I'm the kind of person

0:25

that never hears the word no. I hear

0:28

find another way to get what you want.

0:30

Leadership is about vision and your art

0:32

as a leader is to persuade people to

0:35

believe in your vision.

0:36

I remember reading the story about your

0:38

son turning to you on holiday and

0:39

saying, "I wish your Blackberry would

0:40

blow up."

0:41

Working mother is the best title for me.

0:43

Sometimes you don't get it right. You

0:45

can only do the best you can do.

0:47

Ambition is that spark. It's that fire

0:51

inside of yourself that won't let you

0:53

settle for anything other than what you

0:56

think you deserve and what you want.

0:58

What you would say to those young women

1:00

that are starting out in their career?

1:02

I would say,

1:05

so without further ado, I'm Steven

1:07

Bartlett and this is the Diary of a CEO.

1:09

I hope nobody's listening, but if you

1:11

are, then please keep this to yourself.

1:14

[music]

1:21

Karen,

1:22

hello Stephen. [laughter] Um,

1:23

I I've spent the last couple of days

1:25

listening to your interviews and reading

1:27

a lot of sort of interviews you've done

1:28

in newspapers and things like that. And

1:30

as I got further and further and further

1:32

further into your story and further into

1:33

your childhood, there was this this

1:34

question which I wasn't able to answer

1:36

despite all that I' I'd read. And it's

1:38

you clearly from a very young age had

1:40

this real deep desire to have freedom

1:43

which resulted in this independence and

1:45

also resulted in this wonderful young

1:47

person who had this ability to like

1:48

stand up for themselves. But where did

1:50

this deep desire to be free from the

1:53

control of others where does it come

1:54

from?

1:56

I don't know. I mean, my mother always

1:58

tells a story that um when I was four

2:01

that um my grandfather was looking after

2:04

me at home and um my parents had this

2:06

drinks cabinet and it was sort of open

2:09

down and it had all these like bottles

2:11

of beautiful bottles and little glasses

2:13

and things

2:14

and she tells this story and I don't

2:16

remember it at all, but I got a chair

2:19

and I climbed up and I opened the drinks

2:21

cabinet and they had these little sherry

2:23

glasses and I poured all little bits of

2:25

liquid from it and and I started to

2:27

drink it and my grandfather said, "Um,

2:30

don't do that. You'll be sick." And I

2:32

said, "You leave me alone. I'll do what

2:33

I want. I won't be sick." And then, of

2:35

course, drank half of the [laughter]

2:38

of the drinks cabinet. Um, and wasn't

2:42

sick. [laughter]

2:44

And my mom said, "You were always

2:46

defiant. You always had your own mind.

2:50

Wanted to do your own thing. Uh, thought

2:52

you knew best. Cut my own hair when I

2:55

was six. We had a um a school photo the

2:58

next day and I decided the only person

3:00

who could cut my hair was myself and you

3:02

should see the picture. My fringe sort

3:03

of starts here and sort of goes like

3:05

that and it's got all lumps cut out of

3:07

it. I guess I kind of thought if I

3:08

didn't stand up for myself, no one

3:10

would. And I was very happy to stand up

3:12

for myself. And you know, in life as you

3:15

go through life, you one of the things

3:17

you realize is that if sometimes you've

3:19

got to find your backbone and you've got

3:21

to use it and simply putting one foot in

3:24

front of the other and keep going is one

3:26

of the philosophies I've had in my life.

3:27

But no, I always define, always stood up

3:30

for myself, never took anything lying

3:33

down. Yeah. I don't know. define feels

3:37

like the perfect word. Um, and I trying

3:39

to figure out where it came from because

3:41

usually when I sit with my guests, they

3:42

can like even if it's incorrect, they

3:44

can look back in hindsight and pinpoint

3:46

a moment, some kind of trauma or pain or

3:48

negative experience which shaped them to

3:50

be a bit of an anomaly in some way. So I

3:52

was like, where did this defiance come

3:53

from? And I couldn't quite figure it

3:55

out.

3:56

I don't know. I I have no idea. It's not

3:59

part of any trauma that happened to me.

4:01

I just I guess I always felt that I had

4:06

something to say and even at a young age

4:09

I wanted to say it and I didn't care who

4:12

heard it or how you know I just felt I

4:16

wanted to stand up for myself. I I have

4:18

no idea. I've never really thought about

4:19

it. I know it's definitely a part of my

4:22

personality trait that this defiance,

4:25

this I'm going to prove people wrong.

4:27

I'm going to do what I want to do how I

4:29

want to do it. Uh, but I never really

4:31

thought about where it came from.

4:33

What's this story about your first day

4:34

of school and your mom being concerned

4:36

that you might be shy and then finding

4:37

out that you [laughter] chucked some kid

4:38

off the chair?

4:40

Well, there's another I mean, I don't

4:42

remember any of these stories, but my

4:43

mom said the first day of school, she

4:44

was very worried if I would be shy or

4:47

would I want to go home or whatever. And

4:49

she went to pick me up from school and

4:52

she said to the teacher, "How was

4:53

Karen?" She said, "Oh, your daughter's

4:55

car. She'd always be shy." She said,

4:56

"Karen, shy?" She said she she went up

4:59

to a boy in a chair and she went,

5:00

"That's my seat. Get off." [laughter]

5:03

So, but I don't remember it. I don't

5:05

remember any of these things. But all

5:06

these little stories, they always have

5:08

one thing in common that I had this sort

5:09

of level of defiance and this, you know,

5:12

determination to to stand up for myself.

5:15

One of my suspicions when I was trying

5:17

to piece together this this little bit

5:19

of defiance puzzle was um reading about

5:21

your dad and how much of a sort of

5:23

hardworking autonomous man he was and

5:27

how hard you said he worked. I was

5:29

wondering if they had given you a bit of

5:31

a kind of a void of independence when

5:32

you were growing up that led you to

5:34

create this kind of independence in

5:36

yourself. Was were they like present and

5:37

were they on you?

5:39

No, definitely not on me in that way.

5:41

They weren't, you know, tiger parents

5:43

pushing you to the front. Although my

5:44

grandmother used to always say, "Be

5:46

first because it's the best place to

5:47

be." She used to always say that to me.

5:49

So my dad left school at 14, didn't have

5:51

much of an education and worked really

5:53

hard to get where he wanted. And I guess

5:55

the lesson from him was, you know,

5:58

nothing compensates for hard work. And

6:00

if you don't try, you know, if you don't

6:02

try something, you'll never know how

6:03

good you are at something. So I think

6:05

maybe that sheer resilience came from

6:09

his model of working hard, doing your

6:13

best, trying everything, pushing

6:15

yourself forward.

6:16

And would he give you advice? Would he

6:19

impart knowledge onto you or was it you

6:21

learning by his example of watching him

6:23

work?

6:24

I think almost definitely the the the

6:26

second one. I I don't remember him ever

6:28

sitting me down and saying, "Do this and

6:31

you you know your life will be better or

6:33

more enriched." I think it was just

6:35

learning from examples from seeing the

6:38

hard work and you know we went from

6:41

Edmonton to a little bit further up to

6:43

another little place in Edmonton to a

6:45

bit further up and our lives sort of got

6:47

slightly better and my dad's desire was

6:51

to give my brother and I a really good

6:52

education cuz he hadn't had one. So he

6:55

really wanted us to have a great

6:57

education cuz he felt that was a big

6:59

part of what was missing in his life.

7:01

And I guess he maybe he thought if you

7:03

have a great education, you don't have

7:04

to work so hard. You don't have to start

7:06

so much at the bottom. I think that was

7:07

a real driver for him.

7:09

And your mother?

7:10

My mother was a housewife. Okay.

7:12

So she had no ambitions for work. Very

7:16

smart woman, very nurturing in

7:18

everything that she did. My dad was away

7:21

working a lot. So she was a lot on her

7:22

own. Uh but equally funloving and

7:26

stylish and you know spoke her mind too.

7:30

And you at this age didn't have big

7:33

ambitions for what you wanted to do in

7:34

the future in terms of specific

7:36

ambitions about career options. There's

7:38

a quote which I read where you said, "I

7:40

wasn't gifted in anything. I wasn't

7:41

academic. I wasn't the best at anything.

7:43

In fact, I was a very average child who

7:45

really didn't know what she wanted to do

7:46

or where she was going to go. The

7:48

greatest gift that my parents gave me

7:50

was self-esteem."

7:51

Yeah. I think you're very lucky if you

7:54

know what you want to do. If you have a

7:57

vocation or a calling at a young age, I

8:00

think that is a remarkable thing that

8:02

you should you should channel. I didn't

8:05

know what I was good at. I didn't feel I

8:07

was particularly good at anything. I it

8:09

wasn't as though I had a particular

8:13

panache for, you know, anything. And

8:17

uh I wasn't particularly ambitious, but

8:19

I know I wanted to do something with my

8:21

life, but I didn't know what. And I

8:24

think ambition is something that sort of

8:25

creeps up on you slowly when you realize

8:27

you're good at something and you think,

8:29

"Oh, actually I'm quite good at this."

8:31

And then you think, "Actually, I might

8:32

be the best person in this room at this

8:35

or I might be the best person I know at

8:38

this." And that inspires you to to to

8:41

keep going. But I left school at 18. I

8:44

had O levels and A levels as they were

8:45

in those days, but I had no

8:46

qualifications. But what I had worked

8:49

out something really important and that

8:51

is I'd worked out my core values. So at

8:55

18 I had worked out that I was

8:58

ambitious, I was determined and I had

9:02

integrity. And core values are the

9:04

things that sort of make you who you

9:06

are. They are the things that lead you

9:08

to make the decisions you make for

9:10

yourself and the way you make decisions.

9:13

And 18, I knew those things about

9:14

myself. And at 52, I think they're still

9:16

my core values. And armed with those

9:19

things, I set out to get a job. And the

9:23

one thing I wanted for my life was

9:25

independence. I wanted to say what I

9:27

wanted to do and how I wanted to do it

9:28

and when I wanted to do it. And that's

9:31

predominantly because I'd been at

9:32

boarding school from a very early age.

9:34

Going back to my father wanted to give

9:35

me the best education. He thought

9:37

boarding school education was probably

9:39

the best. And at boarding school, you

9:41

get up when you're told, you eat what

9:42

you're told, you wear what you're told,

9:43

you do what you're told. And I'd had

9:45

enough. And I knew that independence

9:48

only really came when you had your own

9:49

money. And the problem is 18, I didn't

9:51

know how you made money. But I kind of

9:53

worked out almost everyone works for

9:56

someone even before they work for

9:58

themselves. So I went out and I got a

9:59

job. and at 18 with no qualifications

10:02

other than O levels and A levels but

10:03

armed with my core values that I really

10:06

wasn't afraid to work hard and I was

10:07

really ambitious and I would try

10:09

anything and I would do anything but

10:11

with integrity I went out and I got a

10:13

job and I started my career

10:15

something I just I was just trying to

10:17

piece these um put two kind of dots

10:19

together there boarding school a very

10:21

restrictive place the antithesis of like

10:23

freedom your childhood sounded like you

10:25

had quite a lot of sort of relative

10:27

freedom is there is is it possible that

10:30

you went from a childhood pre-boarding

10:32

school where you had a bit more freedom

10:33

and then because boarding school was

10:35

such a big change, you had a bit of an

10:37

allergic reaction to the someone taking

10:39

your freedom or do you

10:41

My friends who are still my friends from

10:43

when we were at school in those days, we

10:45

remember only one thing about that whole

10:47

time, the boredom of simply being there

10:50

and having mass sort of three times a

10:52

day. And the second thing was we were

10:54

hungry all the time. Every day was a

10:56

fast day. So you'd have, you know, the

10:58

holy saint of such and such day and it

11:01

was a fast day. And we remember those

11:02

those two things and the sort of

11:04

repressive attitude of wearing the same

11:07

thing, doing the same thing, doing what

11:09

you're told, not being able to explore

11:11

things you were interested in. Um, and

11:16

uh, none of us could wait to none of us

11:17

could wait to leave. But it did teach me

11:21

resilience,

11:23

the ability to do the things that need

11:25

to be done when they need to be done,

11:27

whether you like it or not. And that's

11:29

because every day was the same. And

11:32

there's a great lesson, I think, in life

11:35

in being able to force yourself to do

11:38

things you don't want to do because you

11:40

have to. And that taught me a great deal

11:42

of patience and resilience and

11:45

determination.

11:47

which is funny because much of your your

11:49

life has been very much the opposite

11:51

doing making sure you don't have to do

11:53

things you don't want to do and being

11:54

like restricted by the rules of others.

11:57

But there is a sense in every job you

11:59

do, whether you're

12:01

a pop star, you got to sing the same

12:03

songs every night,

12:04

you know, whether you're working in an

12:06

office or working for someone else or

12:08

reporting to shareers, there's an

12:09

element of our lives that has to be

12:11

done. And you get that discipline from

12:15

being able to do it and power through it

12:17

and approaching it in the way it needs

12:20

to be approached, which is a real

12:22

discipline as opposed to saying, "I

12:24

don't want to do it and I'm not going to

12:25

do it." there's a difference.

12:27

You you said earlier about how you

12:29

started at one point to notice the the

12:31

advantages or the skills you had over

12:33

your peers at a maybe a young age around

12:35

maybe 18 when you start to join the

12:37

working world and before what when you

12:39

looked at say 18 19 year old Karen what

12:42

were those skills that you started to

12:43

notice well I'm better than I seem to be

12:45

better than everyone else at this thing

12:46

or you know stronger or whatever

12:48

I went into sales um which is the sort

12:51

of place where most people go when they

12:52

don't really have anything else they

12:54

[laughter] can

12:56

what else they can do because you you're

12:58

either good at it or you're not. Um, but

13:00

you don't need any particular skills

13:02

other than being able to have resilience

13:04

of picking up the phone, keep trying,

13:06

not taking the knockbacks going forward.

13:09

And I realized I was good at it and I

13:11

would never take no for an answer. I

13:14

would always be determined. I would

13:16

continue to pick up the phone. I had a

13:19

sort of dogged attitude to not letting

13:22

the knocks get me down. you know when

13:24

people slam the phone down you or they

13:25

don't want to speak that ability to

13:28

learn the language it wasn't do you want

13:30

any it was how many do you want you know

13:32

it was that it was that sort of subtle

13:34

change of being able to be

13:37

personable I think I worked out an early

13:39

age that people do business with people

13:41

and it doesn't matter how much brain you

13:44

have if you don't have a personality you

13:47

can't put that brain into good uh you

13:49

know in in into a good place so having a

13:52

personality and having a brain is is a

13:53

good combination.

13:54

I worked in teley sales as well for four

13:56

years

13:57

from 16 to 20 odd whatever it was and it

14:00

was genuinely the most formative

14:02

experience of my life.

14:03

I agree.

14:03

Also because I didn't have the

14:04

qualifications. So it's the

14:06

Yeah. Yeah.

14:06

And it's a good place to start. I don't

14:09

know about you, but I'm not particularly

14:10

creative. I couldn't have done anything.

14:12

I mean, [laughter] I couldn't have done

14:13

anything in the arts world or anything

14:14

like that. But actually picking up the

14:17

phone, having that resilience, being

14:19

prepared to take the knockbacks, keep

14:20

pushing forward, never taking no for an

14:22

answer. Those are things I learned from

14:24

a very young young age.

14:26

So you did sales at Sachi and Sachi?

14:28

No, I did mean menial office work at

14:31

Sachi at Zachary and I left Sachi to go

14:34

into sales at 19 and I worked for London

14:36

Broadcasting Company where we sold

14:37

advertising space.

14:38

And that's where you met David Sullivan.

14:40

Yes, that's right. Yeah. He was one of

14:42

my very first clients and he took radio

14:45

advertising and within six months of me

14:48

meeting him and selling him radio

14:50

advertising he was spending2 million

14:52

pounds a year on radio which was the

14:54

highest spender on commercial radio in

14:57

the country and I was on a really high

14:59

commission.

14:59

Well done. [laughter]

15:01

It was a good time. [clears throat]

15:03

So you meet David Sullivan and he's

15:04

quite well he's not spending on radio at

15:06

the at the time when you met him and

15:07

he's kind of against it I hear.

15:09

Yeah. he didn't think it particularly

15:11

worked and I sold him the idea that he

15:13

would take the advertising package and

15:15

if sales didn't go up he didn't have to

15:17

pay for it and he said yeah sounds okay

15:20

to me and I sort of thought well if he

15:22

doesn't pay for I'm going to be in

15:23

trouble but I thought I'll worry about

15:24

that when that happens I was just

15:27

pleased to have made the sale and he

15:29

took the advertising the advertising did

15:31

work and he kept spending and spending

15:33

and spending

15:34

if we zoom in on that that sale that

15:36

deal you closed with David Sullivan I

15:38

know a lot of people couldn't have

15:40

closed that deal and I know that was a

15:42

pivotal moment in your early career but

15:44

I know a lot of people couldn't have

15:45

closed that deal. So as you look back in

15:47

hindsight what was it about Karen that

15:49

helped you to close that deal? Well, one

15:51

I went to see him. So, I turned up at

15:53

his offices and I waited until he saw me

15:55

and I waited a long time, quite a few

15:57

hours until he felt, I think, sorry for

15:59

me and I wasn't going anywhere and he

16:02

let me do the pitch, the presentation,

16:03

which I did. Equally, I always had this

16:07

um feeling that, you know, what's the

16:09

worst that can happen? And the worst

16:10

that could happen is he didn't take the

16:12

package and he slung me out. But the

16:14

best that could happen is he saw me and

16:16

he took the package. So, I always looked

16:17

on the bright side. So, I turned up, I

16:19

did the deal, I presented well, I had

16:22

all the facts and figures. I knew what I

16:24

was talking about. And I guess he

16:26

thought it took a chance. I think the

16:27

package was I can't remember. It wasn't

16:30

a lot of money. You know, it wasn't a

16:31

multi-million pound deal that someone

16:33

have to really think about it. I pitched

16:35

it just that it would be an impulse. It

16:37

could be someone that it was enough

16:39

money to have a gamble. Not too much,

16:42

not too little, just in that spot. And I

16:45

persuaded him. I had this art of

16:47

persuasion, talked about what it could

16:50

do for him, how it would work, and he

16:51

and he took it. And that was the

16:53

beginning of my one of my very own

16:57

clients that stayed with me for many

17:00

years and still today we're still

17:01

working together at West Ham some 30

17:03

years later.

17:04

That is pretty um incredible. Did he

17:06

know you were coming that day to pitch?

17:08

Had he booked in a meeting to see you?

17:10

I can't remember. I think I'd booked in

17:12

a meeting. Whether he knew about that or

17:14

not, [laughter] I don't know. Right.

17:16

I can't remember

17:17

because that did end up being quite an

17:18

early pivotal moment for you. It's quite

17:20

a testament to the fact that again

17:22

people do buy from people and that you

17:24

were very a very persuasive person. But

17:25

also there's a subless in there which

17:27

I've heard you talk about before which

17:28

is when you're young and you don't have

17:30

a ton to lose because young people fall

17:31

into this trap of thinking that no is

17:34

some kind of like death sentence or it's

17:35

fatal.

17:36

Yeah.

17:36

But as you say, you know, when you've

17:38

got nothing else to lose.

17:39

Yeah. I had nothing to lose. The worst

17:41

thing that could have happened is he

17:42

didn't buy it. Um, and I had to sell it

17:44

to someone. I was very independent. I

17:47

wasn't relying on my parents for money.

17:48

I was relying on myself. I had no safety

17:51

net, no nest egg. I had no, you know,

17:54

no, I had to pay my rent. I had to pay

17:56

my bills. I had to pay my travel. I had

17:58

to pay for my food. And I had to make

18:00

that sale for me. It had to happen. It

18:03

wasn't a case of, well, we we'll we'll

18:04

see. But I'm the kind of person that

18:07

never hears the word no. When someone

18:09

says no to me, I don't hear no. I hear

18:12

find another way to get what you want.

18:14

And that's what I always do. I always I

18:17

think no is is only really pivotal if it

18:20

ultimately stops you doing what you want

18:22

to do. If you hear no and you can find

18:25

another way of getting what you want,

18:27

that's that's just as good as hearing a

18:29

yes.

18:29

Am I right in thinking that you're

18:30

someone that like really believes in a

18:32

philosophy versus like current skills?

18:36

Because you're when you talk, you talk

18:37

in terms of like your own philosophy to

18:39

life. And a lot of people when they

18:41

speak they speak in terms of I don't

18:42

know skills or hacks or tricks or

18:44

whatever. But yours seems to be much

18:46

deeper than that. Even saying that

18:47

they're defaulting to optimism all the

18:49

time. And the

18:51

I don't know. I've never really I've

18:52

never really [clears throat] thought

18:53

about it. I think you you know you you

18:56

you need the ability to work hard. You

18:58

need the ability to push yourself

19:00

forward. You need the ability to have a

19:02

backbone. You need the ability to um

19:05

have a dogged sort of determination. And

19:08

if you have a great idea, so much the

19:10

[laughter] better. So much the better.

19:12

People say to me, you know, what what is

19:14

an entrepreneur? Well, an entrepreneur

19:15

is someone that just spots a gap in the

19:18

market for a service or a product that

19:20

that is either not available or

19:24

available, but they can make it better.

19:26

And they're the kind of people that

19:28

well-meaning people say, "Oh, don't do

19:29

that. That's very risky." but they are

19:31

prepared to back themselves and put all

19:34

those doubters to one side and just plow

19:37

through it. And that that's sort of been

19:39

what I've done for 30 years.

19:41

As you said, that relationship with

19:42

David has sustained still today and he

19:45

actually went on to hire you. So what

19:47

have you learned about the importance of

19:48

like relationship building in business?

19:50

And

19:51

I think that uh part and parcel of

19:54

running a great business is to have

19:56

really good culture and really good

19:57

culture comes from trust and being

20:00

candid and being honest and supporting

20:03

one another. And it's interesting that

20:06

David Sullivan is I'm is still with me

20:09

in West Ham. So is David Gold. Two

20:11

people who I started with from a very

20:13

young age. Um, and we're still all

20:15

working together and we still have lots

20:17

to talk about and lots of ideas and we

20:19

still bounce off each other and we trust

20:21

each other and I think that's a really

20:22

fundamental part of growing a great

20:26

business.

20:27

Being candid, you said there. Talk to me

20:30

about how candid you are in business.

20:32

Very. I think it's important. I have a

20:35

great candid atmosphere at West Ham. I

20:38

want people to say what they don't think

20:40

is right, what they think could be

20:42

better, what needs to be changed. I

20:45

think if you have too many like-minded

20:47

people running the same organization,

20:49

you're so busy patting each other off on

20:51

the back as you sort of follow each

20:53

other off the edge of the cliff, you

20:54

need people to say, "Hang on a minute.

20:56

Why is this important? How does this

20:58

affect us? What does this, you know,

20:59

what does this mean we stand for? What

21:01

are our values? What's our purpose?" You

21:03

need people to be honest and candid. And

21:05

I think candid is good. And how do I go

21:08

about creating a candid culture in my

21:10

company? Say if I've, you know, I'm

21:11

running a a business and I want people

21:12

to be more candid, what what what do I

21:14

do and don't do to make sure that we

21:16

arrive at that place?

21:17

Well, the most important thing the most

21:19

important thing that people want from

21:21

you when you're running your

21:22

organization is your time. They want

21:24

time with you. They want you to listen

21:26

to them. They want to be in your inner

21:30

circle. They want to be part of part of

21:33

it. That's what people want. Um, it's,

21:37

you know, it's become less, I think, as

21:40

times have gone on about money and

21:42

status and more about being in the know,

21:45

being in that in that room when

21:48

decisions are made and making people

21:50

feel that they can be in the room, that

21:52

they're part of the discussion and that

21:54

you'll listen to them and that they can

21:57

say what they want without worrying

22:00

about, you know, what's going to happen

22:01

to me next. I think that's that's really

22:03

important. So, say someone's in the

22:05

boardroom with you and they they say

22:07

something which is maybe even negative

22:09

towards a decision you've made. I guess

22:11

you've got to be cautious of your

22:12

reaction to make sure that they don't in

22:14

the future shy away from because you're

22:16

a very powerful woman. You know, it

22:18

would be quite intimidating to tell you

22:20

the truth.

22:21

I don't think I think if you spoke to my

22:23

staff, they or the people that I work

22:25

with, they would all say that the one

22:28

thing Karen is great at is listening and

22:30

understanding. And I think the minute

22:34

you think as a leader of organization

22:36

you know everything is the minute you

22:38

don't know anything at all. You have to

22:40

believe in lifelong learning. You have

22:42

to believe that the people around you

22:44

are valuable enough to have a different

22:47

opinion to yours that is just as

22:49

important. And the minute you think they

22:52

they don't have an opinion that's

22:53

important as yours, you either don't

22:55

have the right team or you don't have

22:57

the right team with the right skills. I

22:59

like to employ people better than me

23:02

because it sort of proves I'm better

23:04

than them, if that makes sense.

23:05

[laughter] And then when you have people

23:07

with um great knowledge and great

23:09

skills, why wouldn't you listen to them

23:11

when they tell you something? I mean, of

23:13

course, you have debates. I want to do

23:15

everything quickly. I want to do

23:17

everything

23:18

um with strength and power and purpose.

23:21

And others are like, well, hang on a

23:23

minute. Let's not go at that pace. Let's

23:25

try and do this. Let's do something. And

23:28

sometimes you follow your gut instinct

23:30

because it's important. And people say

23:33

to me, well, what what is a gut

23:34

instinct? A gut instinct, I think it's

23:38

made up of all the experiences you've

23:41

had through your career.

23:43

And you've sort of when you're in faced

23:45

with a problem, you've been in that

23:48

movie before. You've had that problem

23:50

before. A different problem in a

23:52

different moment about a different

23:54

thing, but very similar. and you know

23:56

the outcome. So your gut instinct goes,

23:59

"Hang on a minute. I've I've I've

24:00

somehow I've been here before and I know

24:02

how this plays out." And I find if I

24:05

follow my gut gut instinct, I tend to go

24:07

make the right decisions. And if I

24:09

ignore it, I tend to go bad. But

24:12

sometimes you need someone to go, "Hang

24:14

on a minute, take a step back, have

24:16

another look at this, have a think about

24:17

this." And it's a very uh it's a very

24:22

lonely place if you don't have people

24:23

around you that want the same things as

24:26

you that want to help you achieve and

24:29

build the things that you you you want

24:31

to do. And being able to listen to

24:33

people and encourage people to have

24:35

their thoughts and ideas is I think

24:38

really really important.

24:40

So how much of an organization that you

24:42

you run and what parts of it are a

24:44

democracy? because I'm trying to see

24:45

that balance between you being assertive

24:48

and making the the call but also

24:51

operating in some respects like a bit of

24:52

a democracy where you're hearing

24:53

everyone's opinions. Is there like a

24:55

balancing act?

24:57

Yeah, I mean look, if you think about

24:59

leadership um and you should never

25:01

confuse leadership with management.

25:03

Management is about setting out a series

25:05

of goals and managing people to deliver

25:08

them. Very important. But that's not

25:10

leadership. Leadership is about vision.

25:13

And sometimes it's only a vision you can

25:15

see. And your art as a leader is to

25:18

persuade people to believe in your

25:21

vision and help you deliver it. So we

25:25

have large groups of people that help

25:28

deliver visions. So our next vision for

25:31

West Ham, for example, is to go from a

25:33

60,000 capacity to a 62 and a half

25:36

thousand capacity. And we're in the

25:38

process, we've got planning permission

25:39

for it. in the process of going through

25:42

that transition. Um, how do we sell

25:46

those extra tickets? Who do we sell them

25:47

to? Do we put the price up? Where do we

25:50

allocate them? How do people get in?

25:52

Should there be more bars? These are

25:54

huge decisions. One person cannot make

25:57

those decisions. And everybody who has a

26:00

stake in that decision should have a

26:03

say. And that's everyone from the

26:06

commercial department right through to

26:09

you know the person who runs the

26:11

disabled supporters group. Everyone

26:13

needs to make that decision together and

26:15

that's how you breed great culture

26:18

listening to people understanding the

26:20

problems finding the solutions together

26:22

having some fun while you do it. So it's

26:25

not all you know over charts and in in a

26:28

very um rigid way. It is much more in a

26:33

conversational way. So for example, I

26:35

took a load of my team to Seville when

26:38

we played in Europa and we went

26:41

together. We had a great time together.

26:43

We use the downtime to talk about things

26:46

important to us and it's part and parcel

26:48

of creating a place where people feel

26:51

really proud to work. They feel really

26:54

proud of what they do and they feel

26:56

really well respected

26:58

and they have a lot of fun.

26:59

They have a lot of [clears throat] fun.

27:00

Yeah.

27:00

Yeah. I just realized I'm playing at

27:02

your stadium.

27:04

Oh, is it in the um the soccer age?

27:07

Yes.

27:08

Yes. [laughter]

27:10

Hopefully that will sell it out for you.

27:12

But um no, I just realized as you were

27:14

talking then yeah, we're playing at

27:16

unbelievable beautiful stadium which I

27:17

know you're you're a big part of getting

27:19

winning the bid to kind of move over

27:21

there. On the topic I'm really excited

27:23

by the way what a tremendous honor that

27:24

is to get to play at your stadium. But

27:26

um on the topic of football then you so

27:29

David Sullivan ends up hiring you from

27:31

LBC.

27:32

Yes.

27:32

And you join his corporation and then I

27:35

hear at like 22 23 years old you see an

27:38

advert in the Financial Times to for

27:41

Birmingham City which is in financial

27:43

hardship and you

27:44

administration

27:45

and you persuaded David to buy

27:47

Yes.

27:48

Birmingham.

27:50

What? [laughter] Well, he to be fair to

27:53

him, he was looking at buying either a

27:56

race course or a football club. He was

27:58

interested in doing something in that

28:02

area and Birmingham had gone into

28:04

administration. There was a little ad

28:06

that said football club for sale and I

28:07

thought that's interesting. And I got

28:08

the details and I went to him. I said,

28:09

"There's this football club for sale.

28:11

You buy it and I'll run it."

28:12

What?

28:12

And he was like, "Oh, football very

28:14

male-dominated. You'll have to be twice

28:16

as good as the men to be thought as even

28:17

only half as good." And I said, "Well,

28:19

luckily that's not difficult.

28:21

[laughter]

28:21

and he said, "Okay, we'll give it a go."

28:22

And and we did. And it was bought really

28:25

quickly within three days. That was like

28:27

a Friday. And on the Tuesday, we owned

28:29

the club and that was it. We uh we went

28:31

in there. We we made so many mistakes,

28:34

but we had a great time. It was such a

28:36

fantastic experience, you know, to be

28:39

given the challenge and chance of a

28:40

lifetime to run a great business and

28:43

change it, take it out of

28:44

administration. I mean, it made a

28:46

trading profit for the first time in its

28:47

history after my first year. And it was

28:50

a real learning curve. Uh, but it was

28:53

great fun.

28:54

I love how you glossed over the fact so

28:56

graciously that at 23 you took over the

28:59

management of a football club after

29:01

seeing an advert in the Financial Times

29:02

and persuading David to buy it. You took

29:04

over the management of a football club

29:05

at 23.

29:06

Yes. I was desperate to look at least

29:08

25. [laughter]

29:10

Like the press conference, big hair,

29:13

shoulder pads, power dressing. So,

29:17

did you just have the the courage and

29:19

the conviction and the confidence to

29:21

take on that role? Because football is a

29:22

complete like I don't even think No, I

29:24

definitely would not have the the

29:26

confidence to run a football club. And I

29:29

I' I've loved football. I've followed it

29:30

my whole life. I've ran big businesses.

29:32

But a football club is a whole different

29:33

beast.

29:34

It is like it is different. And it's

29:36

different because

29:38

it doesn't make anything. It doesn't

29:41

manufacture anything. It doesn't produce

29:43

anything other than more footballers.

29:44

all its assets are people. So being able

29:48

to manage people and to manage the

29:52

diversity of those people and it comes

29:54

back to that culture by having an

29:56

environment where everyone has to do

29:58

everything within their skill set to

30:00

make the business a success and know

30:01

that that is valued and respected and

30:05

there is no uh ceiling on your ambition.

30:10

Whether it's the 18-year-old that wants

30:11

to go into the first team or the

30:13

18-year-old who works in the ticket

30:14

office that one day wants to run it,

30:16

it's up to you where you go. And I

30:18

wanted to create a sort of a a business

30:21

that I wanted to work in when I was 18

30:23

where you you was nothing holding you

30:26

back. There was no politics, there was

30:28

no age, you know, no discrimination

30:31

whatsoever. The it was there for you to

30:34

do and achieve what you wanted to

30:36

achieve within our environment.

30:39

And that's why football is different

30:42

because some people can't get their

30:44

heads around the fact of what

30:45

footballers earn and they begrudge it if

30:47

they're not playing well. They they they

30:50

don't you know part and parcel of

30:53

managing people is understanding people

30:55

and respecting people and valuing people

30:57

and giving people your time and your

30:59

encouragement. But more importantly than

31:02

that, it's about standing alongside

31:05

people and supporting them when things

31:07

are not going well. much more than when

31:10

things are going well. Um, being their

31:12

backbone and their uh and their support

31:15

system. Very important in people's

31:18

business.

31:19

As well as that culture, what else was

31:20

it that helped you take Birmingham

31:22

because your stint at Birmingham is seen

31:24

as being incredibly successful as as you

31:26

say, like turn the club profitable for

31:27

the first time in like recent history.

31:29

What how did you do that outside of

31:31

culture? There must have been tough

31:33

decisions you had to make.

31:35

Very there were loads. I mean from when

31:37

I first went there to sort of getting

31:38

rid of everybody. Lots of businesses

31:40

that I am involved in or I know friends

31:44

that run the biggest

31:47

issue for lots of people that run those

31:49

businesses is making the change to

31:51

personnel when they need to because they

31:53

find it very difficult if someone's been

31:55

with them a long time to realize

31:57

actually

31:59

that person's skill set was great when

32:01

we were growing the business and now we

32:03

need a different skill set to take it to

32:05

the next level. But you think, but

32:06

that's John. John's been with us

32:08

forever. It's very difficult. But you

32:10

have to sort of step above that and say

32:14

it's my responsibility to ensure this

32:16

business is success for the 800 people

32:18

that work there and the shareholders and

32:20

everything it stands for. So you have to

32:22

make the best decisions and you have to

32:24

try and remove as much emotion as you

32:26

can out of it, but also always doing the

32:29

right thing for the right reason and not

32:31

for any other reason. And I think one of

32:33

the most important things in a people

32:35

business is you must never underestimate

32:38

the power of kindness. Being kind to

32:41

people and being respectful of people is

32:43

really important.

32:45

I had a few words to say about one of my

32:46

sponsors on this podcast. We often see

32:48

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32:50

about their humble beginnings. And

32:51

Vodafone, who is one of the new sponsors

32:53

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32:55

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33:12

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33:14

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33:21

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33:22

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33:24

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33:55

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34:55

David Sullivan when he described you and

34:57

much of the reason why he had this has

34:59

this huge admiration for you is exactly

35:01

that. I think he in an interview said

35:02

you were a good sacker.

35:05

I think what we probably meant was I

35:07

wasn't afraid to make tough decisions.

35:09

Yeah. and and some of them were really

35:11

tough.

35:11

Even at 23.

35:12

Yeah, even at 23, I really had a clear

35:15

vision of what I wanted to achieve and

35:18

knew the kind of people I needed around

35:20

me to achieve it.

35:21

You talked about how emotion sometimes

35:24

gets in the way of those tough decisions

35:26

for a lot of people. I've seen the same

35:27

thing in in businesses when they get a

35:29

little bit romantic about the wrong

35:31

objective basically or the wrong thing

35:32

and that ends up compromising what

35:34

should be their primary objective which

35:35

is the company, you know, in their role

35:37

as CEO or founder whatever. And I've

35:39

also heard you say that emotion, well

35:41

maybe that was the the headline of the

35:43

article. You've described yourself as

35:45

not being an overly emotional person,

35:47

but the the article I read, remember the

35:49

headline was um emotion isn't in her

35:51

makeup.

35:52

So something words to that effect. Does

35:54

that re resonate with you? Is that

35:55

something do you think consider yourself

35:57

to be an emotional business person?

35:59

I'm very logical as a person. I don't

36:02

worry about the effect on me of any

36:06

decision that I make as long as I feel

36:08

it's the right decision. I worry about

36:10

the effects it has on others. Um, but

36:14

I'm I don't get overly emotional about

36:19

things to me which are unimportant,

36:21

whether that be criticism on social

36:25

media or criticism wherever that comes

36:28

from. As long as I know the decision

36:30

I've made and why I've made that

36:32

decision, I can stand by it. And I care

36:34

much more about what my family and my

36:36

friends and my colleagues think of me

36:38

than someone on social media who I'm

36:40

never going to meet, don't know, and I'm

36:42

never going to have a conversation with.

36:44

So, I'm not emotional from that point of

36:46

view.

36:47

When you take on a football club as

36:48

well, and you've worked in football

36:49

clubs for what, two decades, three

36:51

decades, three decades now,

36:53

you're dealing with emotional fan bases

36:55

just like hysterical. I I know cuz I'm a

36:59

Manchester United fan and we're very,

37:00

you know, emotional as a fan base right

37:02

now, but a hysterical, almost

37:04

unpleasable, thankless fan base, it

37:05

seems at times. So, how has that

37:08

impacted you? They're like the voice of

37:10

the fan base in your decision-m does it

37:12

factor in

37:13

every decision I make I make for them to

37:16

make them prouder of the football club

37:19

to bring them the success that they want

37:22

to deliver

37:24

the things they want to see at the

37:26

football club and the way they want to

37:28

see them. Whether that's what we did

37:30

through the pandemic for our community,

37:32

what we continue to do for our

37:34

community, the fact that we keep our

37:35

prices low, the fact that we promise

37:37

them European football and we've

37:39

delivered it, the fact that we have

37:42

great players and great culture and a

37:44

great manager. Every every decision I

37:48

make, I don't make for myself, I make

37:50

for them. And I do it to the very best

37:53

of my ability. And sometimes they don't

37:55

like those decisions and sometimes they

37:58

don't agree with those decisions, but

38:01

they're all done because it's what I

38:05

consider to be for the best of the club.

38:08

And also, I guess sometimes they don't

38:10

understand those decisions because the

38:12

fan base isn't of any football club

38:14

isn't a fan base that's educated on

38:15

business and finance and inner workings

38:17

of a club. So there's lots of like

38:19

misconceptions about the decisions that

38:22

are being made and are they like

38:23

self-profiting decisions or whatever.

38:26

How important is transparency in running

38:29

I would say in any business but really

38:30

in a football club where you've got

38:31

millions of people who are your I guess

38:33

your stakeholders. How and like clubs

38:35

don't seem to be that transparent

38:38

largely.

38:39

I think it's hugely important. Um and I

38:42

think I think football supporters are

38:44

very knowledgeable on the business of

38:46

football. It may not be a priority for

38:49

them but I think they are knowledgeable.

38:50

I mean they you've looked at clubs that

38:53

have had a really difficult financial

38:55

time and having a firm foundation on

38:57

which to build they know is important

38:59

and it's equally you know it's important

39:03

that they know the parameters. I mean,

39:05

we we're not, you know, oligarchs or

39:09

Saudi Arabian billionaires. We're we're

39:12

English taxpayers. We do the best we can

39:14

and we generate as much money as we can

39:16

without putting that burden onto them,

39:19

which is why we have the cheapest season

39:20

tickets in the Premier League, let alone

39:23

in London in a brand new stadium. So, we

39:25

try and go on the journey together. But

39:28

I mean, moving to the Olympic Stadium,

39:30

54,000 season ticket holders completely

39:34

sold out. Some people didn't like it.

39:36

But you have to make a decision that you

39:38

think is right for the right reason. And

39:40

going from a 35,000 seat stadium to a

39:42

what is going to be a 62 and a half

39:44

seater stadium was a big move and a bold

39:47

move and it has proved to to work out

39:50

for us which is why we're now playing in

39:51

Europe. What would that have happened if

39:53

we were at Upton Park? probably not

39:55

because it hadn't happened for many

39:58

decades before that. So I think people

40:02

don't like change and it's important

40:03

that they understand why the change

40:05

happens and what it means to them and

40:08

how it's going to affect them and how

40:10

hopefully it enriches their life as

40:12

opposed to make it makes it worse.

40:13

Do you have an objective at West Ham to

40:15

um be more transparent? The recent event

40:19

that comes to mind around transparency

40:21

in football is obviously the was it like

40:22

the European Super League thing

40:24

where suddenly one day we all wake up

40:26

and all of our favorite football clubs

40:27

in the like the top eight or what? Not

40:29

even in the top eight but had decided

40:30

they're all going to join top six. Yeah,

40:32

they're not even the top six.

40:33

Yeah, it wasn't even the top six.

40:34

There were six of them.

40:35

Yeah, exactly. [laughter] I can't even

40:36

say that. Manchester United were at the

40:38

point, but um they decided to join this

40:40

this super league in Europe and it

40:42

seemed like it was just this like self

40:44

profiting decision which kind of ruined

40:46

football or whatever. And after that, I

40:48

saw a little bit of a change in some

40:50

clubs like Liverpool that the owners

40:52

came out and did like a video

40:53

apologizing. It was the first time I'd

40:55

seen like owners post a video of them

40:56

talking on social media. Is this one of

40:58

your objectives within the organization

41:00

that you run at West Ham to be more

41:02

open, a more of a glass box?

41:05

We try to let our manager and our team

41:08

do the talking for us cuz

41:10

because the the supporters don't want to

41:13

hear what the CEO thinks. They want to

41:15

know what the team think and the manager

41:17

thinks. And I think from our point of

41:19

view, we're always very respectful of

41:21

that. You know, some chairman write

41:24

program notes, some chairmans do videos.

41:28

We tend to want our team to to do the

41:30

talking for us. And we don't really want

41:33

to put any more pressure on them and the

41:35

manager than they all put on themselves

41:37

because they're the ones that put the

41:39

pressure on themselves to be successful.

41:41

Um, they don't need it from us. As I

41:43

look throughout your whole life, one of

41:45

the clear consistent themes in you is

41:47

your hard work.

41:48

Yeah.

41:49

It's just like, you know, sometimes it

41:51

looks a little bit like obsession in

41:52

certain parts of your story. I read

41:54

about the fridge not being turned on in

41:55

your apartment. Someone saying

41:57

my friend my friend came to live with me

41:58

and she said, um, the the sticky stuff

42:01

still around the fridge and the oven had

42:03

never been turned on. And I Yeah.

42:05

What age was that?

42:08

21.

42:09

And you just you were working so hard

42:10

you hadn't turned the fridge on. you

42:12

were in the office so much.

42:13

Well, the thought of cooking and eating

42:15

at home never occurred to me. I'd always

42:17

grab something on the way in or the way

42:19

out would never the thought of actually

42:22

buying food because I knew if I bought

42:24

food it would just go go off.

42:26

People talk about work life balance,

42:27

right? And this like obsessive like

42:29

they do these days.

42:30

Yeah, they do these days in when I was

42:32

starting those that phrase had never

42:34

been uttered by anyone.

42:36

What's your opinion of the the work life

42:38

balance conversation? Oh, I think it's

42:42

uh much more sensible than anything I

42:45

did. Definitely. I think that, you know,

42:48

in in my day, you started at the bottom

42:51

of the run and you worked your way up

42:54

very slowly and carefully to get as high

42:57

up the ladder as you could. Whereas now,

42:59

it feels much more like a web where you

43:02

do a bit over here and a bit over there

43:04

and change and do that and then don't

43:06

like that, you go and do this. Um, and

43:09

you have a much more rounded life. And I

43:11

think technology has changed how we all

43:13

work. I mean, you know, you're getting

43:15

up at 6:00 in the morning to be in the

43:17

office at 7 and staying to 8:00 at

43:19

night. You don't have to do that now.

43:21

And I think that's so much for the

43:22

better.

43:23

And so, do you live a more rounded life?

43:25

Definitely. Yeah, definitely. I don't go

43:28

into my office at the crack of dawn and

43:31

sit there all day and expect everybody

43:33

else with the old ball and chain to be

43:35

there. I mean, I I know from having a

43:38

family and a career that actually having

43:41

flexibility is really important and

43:43

giving staff the ability to come in when

43:46

they need to and work from home when

43:47

they want to is important.

43:49

But I guess you didn't always because I

43:51

remember your reading the story about

43:52

your son turning to you on holiday and

43:54

saying, "I wish your Blackberry would

43:55

blow up, mom," or something.

43:56

Yes. Working mother is the best title

43:58

for me because there's two things that

44:00

are very important in my life, and that

44:02

is my family and my work. And I've tried

44:06

my very best to to make those things

44:09

work together. Sometimes you don't get

44:12

it right. Sometimes you have to decide

44:14

that family is more important than work

44:16

or work has a priority that's more

44:19

important than family and you have to

44:21

try and juggle and you spend your whole

44:23

life going sports day, board meeting,

44:27

parents evening, board meeting, you

44:29

know, and you never know where you can

44:31

be. And until you come to the conclusion

44:34

that you cannot be in all the places you

44:39

need to be, you you you can only do the

44:41

best you can do. It's a sort of relief.

44:44

And sure, my kids will always say, "I

44:48

worked throughout their whole growing

44:50

up." Um, but they learn different things

44:53

from a working parent. the ability to be

44:55

independent, to have uh ambition, to

45:00

value yourself, to work hard. Those are

45:03

those are very good lessons as well.

45:05

And do you set aside time to like switch

45:07

off as they say?

45:08

I don't need to switch off.

45:10

Interesting.

45:10

I mean, nothing's work unless you'd

45:12

rather be doing something else, I find.

45:14

And there are times when I think, oh

45:16

god, I got to go and do that like today.

45:18

[laughter]

45:20

No, I'm only joking. I'm only joking.

45:21

But there are times when you go, oh,

45:22

I've got to go and do that. And you only

45:24

feel that sort of but the one thing this

45:28

drive for independence

45:30

it also comes with another added bonus

45:34

and that added bonus is the ability to

45:37

say no. If I don't want to do anything

45:39

all I have to say is no thank you. When

45:41

you're building a career you have to say

45:43

yes to everything and you have to say

45:45

yes even when you so want to say no and

45:48

you say yes and you think how do I get

45:49

out of this? try to think of a million

45:51

million things you know million excuses

45:54

uh to get out of it but when you are

45:57

independent you can say no and it's a

46:00

great

46:02

freedom to not have any obligation where

46:05

you have to you don't have to say yes to

46:07

anything you can say no if you don't

46:09

want to do something and you say yes

46:10

when you want to do it and you tend to

46:12

enjoy that balance of your life a lot

46:14

more

46:15

we met in Saudi Arabia for anybody that

46:17

doesn't know that was the first time

46:17

we'd met and I'd watched you on you know

46:19

TV growing up. But in Saudi Arabia, we

46:21

were on stage together. We were in a

46:23

panel of five and what happened on the

46:26

stage, I actually came back and told all

46:27

my team and I said, "I absolutely I love

46:30

her." Right. So, I don't know if you

46:31

know what I'm about to say. I don't.

46:33

You don't. Okay. So, we're on stage um

46:36

in Saudi Arabia, kind of like a Dragon's

46:38

Den style thing where these

46:38

entrepreneurs are coming up and pitching

46:39

to us and one of the panelists, one of

46:42

the male panelists to my left

46:44

[snorts]

46:44

um you went to ask a question, right?

46:47

All right. I don't know if you remember,

46:48

but you went to ask a question of the

46:50

entrepreneur that was pitching to us and

46:52

then one of the male panelists to my

46:53

left, he kind of like interrupted you

46:55

and and spoke and carried on speaking

46:58

and you waited about 30 seconds. You let

47:00

him finish his kind of interruption and

47:02

then in front of what must have been a

47:04

thousand plus people. You turned to him

47:07

very calmly said, "One second, I asked

47:09

my question first." And then you carried

47:11

on with your question and the whole

47:13

audience burst into applause.

47:15

I do remember that. Do you remember?

47:16

[laughter]

47:17

I do remember that.

47:19

And I'm sat there like, "What?"

47:20

I do remember that. I do remember that.

47:23

I was really quite annoyed.

47:25

Really?

47:25

Um I was annoyed because we'd gone to

47:29

Saudi. Well, I'd gone to Saudi to talk

47:32

about the importance of women and our

47:35

rights and being respected. Uh and then

47:38

to be spoken over on a stage, I was not

47:41

going to let that go under any

47:43

circumstances. And I think it was a good

47:45

way of being able to show how it's

47:48

important to stand up for yourself and

47:50

not to be walked all over. And I

47:52

certainly was not going to be walked all

47:54

over.

47:54

And everyone in the room understood that

47:58

moment for big significance you

47:59

described there because

48:00

it was in a very unemotional

48:02

professional way. It wasn't in a

48:04

It was the most classy like wonderful

48:07

polite way to destroy someone.

48:10

[laughter]

48:11

It was like that's why I said to my team

48:14

after I was like she the way she did it

48:15

was so like classly classy and like

48:18

gracious but it made such a profound

48:20

point and you could tell the point was

48:21

made because the whole room burst into

48:22

applause. But that kind of brings me on

48:25

to a wider point about and as you say

48:27

the reason why you're in Saudi is this

48:29

battle that I know you've had through

48:31

your career with men kind of

48:32

underestimating you or sexism which I

48:34

guess started when you first got the job

48:35

at Birmingham.

48:37

Yeah. I mean, I remember my first um

48:42

away game. I think it was Watford, and I

48:44

turned up and I said, "Oh, hi. Could you

48:46

tell me where the boardroom is?" And

48:47

this little old boy, little steward on

48:49

the desk, he went, "Oh, director's wives

48:50

over there." And I said, "That's

48:51

interesting, but where where is the

48:53

boardroom?" And he said, "Dear, you

48:55

don't understand. The director's wives

48:57

go in the ladies room." And I said, "No,

48:59

I don't think it's you understand. I am

49:00

the managing director, so I want to know

49:02

where the boardroom is." And this little

49:03

boy put his little glasses on. He went,

49:05

"Oh, yes." He said, "Yes, you're that

49:07

woman. Stay here and I'll find out what

49:09

to do with you." Because there were no

49:12

other women in football. So, there was

49:14

never a woman in the boardroom. And

49:16

women weren't, you know, weren't welcome

49:18

in in boardrooms because it was meant to

49:20

be the place where the directors or met.

49:22

And of course, they were all men. And I

49:24

remember thinking that it was the very

49:26

first door I'd kicked down. And I was

49:28

determined that I would keep that door

49:32

open as wide and as long as possible to

49:34

get as many other women through as

49:36

possible. And that is something I've

49:38

spent my last 30 years doing. It's

49:40

really important to me. It's really

49:42

important that that there is a sense of

49:45

equality and equal pay and equal respect

49:49

for everything that you do regardless of

49:53

where you're from, what sex you are,

49:55

what your beliefs are, how you look,

49:57

where you're educated. Equality is very

49:59

important to me.

50:00

Why do you think it's so important to

50:01

you in particular? I think because look

50:05

at 23 I was given the challenge and

50:08

chance of a lifetime and I took that and

50:10

I knew that that started with someone

50:14

having trust in me and I knew that there

50:18

were so many talented people out there

50:20

that didn't have someone that had that

50:21

trust in them and I wanted to be that

50:23

person. Did you experience um sort of

50:27

sexist behavior from the players?

50:30

Occasionally, but nothing that I

50:33

couldn't deal with. I mean, I was very

50:34

lucky in a sense that from 16 to 18, I

50:39

went to a boarding school that was

50:42

predominantly all boys. So, it had girls

50:44

in the six forms. So, he had like, I

50:46

don't know, 20 girls and 600 boys. So

50:49

being surrounded with young men all had

50:52

something to say and knowing how to deal

50:54

with that was something that stood me in

50:57

good goodstead for my career. So it

51:00

wasn't difficult for me and I didn't get

51:02

phased by it and it didn't upset me and

51:04

I wasn't emotionally damaged and I

51:06

didn't feel scarred and I didn't had to

51:07

go crying to anyone. I I I could deal

51:11

with it. It didn't phase me and it was

51:13

an irrelevance of mine. One of the

51:15

things that I've noticed specifically in

51:16

the like black community is or one of

51:19

the concerns I had growing up was I'd

51:20

see in some of my black friends that the

51:23

belief that they were they were at a

51:25

disadvantage actually seemed to hurt

51:27

them more than the disadvantage itself

51:29

if that makes sense.

51:31

Do do you have the same concern that

51:35

worrying too much that you might not get

51:37

in will stop you from taking the actions

51:39

to get in if that makes sense? I'm sure

51:42

every

51:45

every woman at some point in their

51:47

career when they've had to say shall I

51:50

stop to have a family

51:52

what is that going to you know how is

51:53

that going to affect me how is that

51:55

going to affect my pay my career

51:57

prospects my promotion my standing I'm

52:00

sure every woman at that point has had

52:02

that that thought and unfortunately or

52:05

fortunately as we you know women give

52:08

birth to all the taxpayers in the world

52:10

we deserve have a break really. So I'm

52:13

sure it is a thought that crosses

52:14

people's mind. I mean I read some

52:16

research that 54,000

52:19

returning new mothers to work are so

52:23

badly treated because they are

52:25

considered to be a burden to the teams

52:28

in which they work. People are going to

52:29

think they're going to want to go early.

52:31

They're not going to be as focused.

52:33

They're going to have brain fog that

52:35

they are eitherounded out of their jobs

52:37

or choose to leave. And that's a

52:39

shocking statistic really.

52:41

Um, so yeah, I I can see how people are

52:44

just, you know, waiting for that moment

52:47

when someone, you know, when you do have

52:49

to say, I have to go and pick my son up

52:51

from school. I have to leave early. It's

52:53

a difficult conversation and you're

52:55

considered to be, you know, less

52:57

valuable because you have these these

52:59

these real other issues. So I I can

53:02

understand how it plays on people's

53:04

mind, but it's important for

53:07

women like me to change attitudes

53:10

because if I don't do if if women like

53:12

me have achieved something, if we don't

53:15

use our voice to change it for the next

53:17

generation, who's going to do it?

53:19

One of my guests pointed out to me um a

53:21

couple of weeks ago that when a woman is

53:22

successful and she's a mother, people

53:25

always ask the question like, "Oh my

53:26

god, how do you how do you do it?"

53:28

Whereas when a guy is successful, even

53:29

if he's a father, no one no one cares

53:31

about. Well, no one asks. No one asks

53:33

because they presume he's got a wife.

53:34

Yeah.

53:34

Who's doing it for him?

53:36

Yeah. Like Joe Wix. Joe Wix has been

53:39

here once or twice. And when Joe Wix is

53:41

doing all of his stuff, Pee for Joe,

53:43

etc., no one is on his Instagram going,

53:44

"What about the kids?"

53:45

Yeah. [laughter]

53:47

But um we've had women entrepreneurs

53:49

that have been here who do a very very

53:50

similar thing to Joe Wix. And it's the

53:52

question that they get asked all over

53:53

their Instagram if they do a workout on

53:54

their social media. It's like, "Well,

53:56

where are the kids?"

53:56

But I think there's two reasons for

53:58

that. One is other women want to know

54:00

how do you manage that so you

54:02

[clears throat] can inspire me to to to

54:05

find a way um and the other is because

54:08

it's uh it's an easy thing to ask a

54:10

woman and that's the lazy question you

54:13

know where are your kids? What do you do

54:14

with your kids? How do you manage with

54:16

your kids? It's a bit like when whenever

54:20

you know whenever there's a picture of a

54:23

a woman there's always what she's

54:26

wearing.

54:27

Yeah. uh where is never for a man. Maybe

54:30

because women wear better clothes. I

54:31

don't know. It is [laughter]

54:32

but it's always about what you're

54:34

wearing, where'd you get it, how much

54:35

was it?

54:36

Um and it's always defined you, you

54:39

know, uh so and so in her bright pink

54:42

jacket. They don't say, "Oh,

54:44

[clears throat] Steven in his black."

54:45

I wish they did, but [laughter] clearly

54:47

not interesting enough.

54:49

I had a few words to say about one of my

54:51

sponsors on this podcast. As the seasons

54:53

have begun to change, so has my diet.

54:55

And um right now I'm just going to be

54:57

completely honest with you. I'm starting

54:58

to think a lot about slimming down a

55:01

little bit because over the last couple

55:03

of probably the last four or five months

55:05

my diet has been pretty bad. Um and it

55:07

started to show a little bit really over

55:09

the last two months. I go to the gym

55:10

about 80% of the time. So I track it

55:12

with 10 of my friends in a WhatsApp

55:14

group in this tracker online that we all

55:16

use together. We call it fitness

55:17

blockchain. And I'm currently at 81%.

55:21

Um, so 81% of the days I've done a

55:23

workout in the last 150 days, right? So

55:27

I'm going to the gym about six times a

55:29

week, that's been a little bit impacted

55:31

by the Derio Live tour, but I'm trying

55:33

to stick to it. And so one of the things

55:35

I'm doing now to reduce my calorie

55:37

intake and trying to get back to being

55:38

nutritionally complete in all I eat is

55:40

I'm having the Hule protein shake. Thank

55:44

you, Hu, for making a product that I

55:45

actually like. The salted caramel is my

55:47

favorite. I've got the banana one here,

55:48

which is the one my girlfriend likes.

55:49

But for me, salted caramel is the one.

55:54

Paul, your husband Paul

55:56

been together since 1995. I think you

55:58

met him at Birmingham. He was like the

56:00

star player.

56:02

How's that been, you know, being such a

56:05

careerdriven person, um, who's had these

56:10

fairly all-consuming jobs throughout the

56:12

years. You know, it's funny when I

56:14

there's an interesting thing that

56:15

happens in the comments section when I

56:16

because I ask every single guest, every

56:18

single podcast about relationships. It's

56:20

what something I'm just really intrigued

56:21

by because I've struggled over the years

56:23

with my work and trying to balance the

56:24

relationship. But when I ask women this,

56:26

people again, I understand why they

56:28

assume that I'm asking it because for

56:30

the same reasons we've just described,

56:32

like I'm trying to understand how you

56:34

can be a wife but also hardworking. So,

56:36

I just want to put that out there

56:36

because I see a lot of the [laughter]

56:37

comments. But no, I'm really curious.

56:39

you know, you've been this pretty

56:40

relentless entrepreneur for the last

56:42

three decades, whatever it's been. How

56:44

has it been to to manage a relationship

56:47

and be that person um and a partner

56:49

while also being the tremendous business

56:52

woman?

56:52

Well, um you have to remember that we've

56:54

been married a very long time. And when

56:56

we first got together, Paul's career was

56:59

much more dominant than mine really. and

57:02

uh he was traveling around playing at

57:04

different clubs, playing for his country

57:07

and I was the one staying at home

57:08

looking after the kids having my career

57:11

and and working around that and he was

57:14

the one going around and then he uh

57:16

retired from football and my career took

57:18

off a bit and then he became a football

57:20

manager and I stayed home more with the

57:21

kids and we sort of we've balanced our

57:24

our lives to give each other the space

57:27

to do the things that we love that make

57:30

us rounded individuals.

57:32

I have no jealousy of anything he does

57:35

and equally to me. So, for example, when

57:38

I'm filming The Apprentice, um I don't

57:41

know how it how it works on on Dragon's

57:43

Den, but when we film The Apprentice,

57:44

when it says it's 4:00 a.m., the

57:46

voiceover says it's 4:00 a.m., it really

57:48

is 4:00 a.m. And we work 16 to 18 hours

57:53

a day, seven days a week for five weeks

57:55

to produce that show without a break.

57:57

There isn't a day off. And it is really

58:00

hardgoing. So I always say to Paul, it's

58:03

much better if he's not there because I

58:06

want to get up at four o'clock in the

58:07

morning, have a bath, put the lights on,

58:09

turn the television on, leave when I

58:12

want, then get back maybe 8:00 at night,

58:15

go straight to bed, ready for a 4:00

58:18

a.m. start the following day or whatever

58:19

it is. So he goes to Canada to see his

58:21

family because his parents live in

58:23

Canada and he has a great time with his

58:25

family and I can focus on what I have to

58:27

do without any distractions because what

58:30

happens during that period is let's say

58:32

he might say um should you go out for

58:35

dinner tonight and I'll say yes and then

58:37

I don't get home because filming's

58:39

overrun and I'm not home till 1:00 in

58:41

the morning and then he's like oh you

58:42

coming you're not coming and I I just

58:44

it's too much. It's on top of everything

58:46

else it's too much. It's much better if

58:49

I have my space to do what I've got to

58:51

do and he has his space to do what he's

58:53

got to do. But the one thing that we

58:55

have in common is we've built a great

58:57

family and we we respect each other. We

59:00

love our kids. Our kids are our whole

59:02

life. Even though they are, you know, 25

59:05

and 23, we everything is about our

59:08

family and everything we do together is

59:10

is really important. And I have to say,

59:13

if you said to me, you got one day left

59:15

on the earth. What would you do with it?

59:17

I'd want to spend it with my husband and

59:19

my two kids because we have such a great

59:21

laugh together and we're good friends

59:24

and there's a real bond of family

59:27

between us.

59:28

How important is it to be candid?

59:30

Because that's kind of what you were

59:31

describing there, being so candid with

59:32

how you're feeling and what you're going

59:34

through. A lot of people don't have that

59:35

in relationships.

59:36

Oh, we're definitely candid. [laughter]

59:38

We're definitely candid.

59:39

And how important is that, do you think?

59:40

I'm asking for myself.

59:41

I think it's really important because

59:44

you can't pretend to be someone you're

59:46

not.

59:48

It's a bit like in an early part of a

59:50

relationship. I got a friend who's have

59:51

got an early part of a relationship and

59:53

the guy she [clears throat]

59:54

is with likes the opera. She cannot

59:57

stand it. But she's saying, "Oh yes,

60:00

love the opera." And I'm like, "Why

60:01

don't you just say hate the opera? I

60:02

couldn't think of any. I'd rather do

60:04

less." Because when he finds out

60:06

actually you hate the opera and then or

60:08

or you find out you got to go more to

60:11

the opera and you're going to resent it.

60:13

Why not just be honest from the start?

60:14

Say I really can't stand the opera. You

60:16

go. You have a nice time. Let me know

60:17

what it's like. I think it's probably

60:19

our relationship is not needy.

60:22

So he doesn't need me. I don't need him.

60:25

We want to be together, but we don't

60:28

need to be together. I don't need to

60:30

know where he is every minute of the

60:32

day. I don't need to know what his

60:34

thoughts are on every single thing or

60:36

everything I do. I think if he could

60:38

have me a little bit more needy,

60:40

probably would. But he knows that I'm

60:43

very self-sufficient and don't need much

60:47

from anyone. Um, and I think that's

60:50

again going from boarding school where

60:52

you're very much on your own. you like

60:53

your own company, but we we don't we

60:57

don't there's not a neediness in the

60:58

relationship where uh I say to him, "Oh,

61:02

I've been invited to go um to to

61:05

Buckingham Palace for um dinner with the

61:08

queen." And it's a white t. I'm not

61:10

going to that. I'm not a white tie. I'm

61:12

not getting a white tie. And he won't

61:13

come. Like he's not if he doesn't want

61:15

to come to anything, he won't come. Uh

61:17

and I'll say, "Oh, I've got this, you

61:19

know, thing. Do you fancy doing that?"

61:21

He'll say, "No, definitely not." or

61:22

he'll say, "Should we I fancy doing

61:24

this?" And I'll say, "No, I don't want

61:25

to do that." So, we we very candid with

61:28

each other and it works for us.

61:30

This is the single biggest mistake I

61:31

made at the start of my relationship and

61:32

me and my girlfriend had a conversation

61:34

and we discussed it was I was saying yes

61:36

too much to things to try and please

61:38

because you feel like that's what's

61:39

needed. Whereas I came to learn over the

61:42

years, and I literally had this

61:43

conversation with my girlfriend over the

61:44

last month, that in fact, I need to just

61:47

be honest more regardless of how I think

61:50

it might impact her

61:52

because you see, you're saying yes when

61:53

you really want to say no.

61:54

Yeah.

61:55

And then you've got this sort of

61:56

underlying resentment. And it's much

61:58

better to just say no and suffer the

62:00

consequences.

62:01

Yeah, definitely.

62:02

Versus forever. Because as you say with

62:04

the opera, I then have to try and live

62:06

out this life forever.

62:07

Exactly. Exactly. And I think it's

62:10

important to have your own space and

62:11

your own friends and do your own thing.

62:14

Um, you know, you're married, but you're

62:16

not joined at the hip. And there's of

62:18

course there has to be a level of mutual

62:19

respect there and and honesty and trust

62:22

and all of those things. That goes

62:23

without saying, but you're not the same

62:25

person. And it is okay to have different

62:28

interests and it is okay. My husband is

62:30

a gym bunny. He's professional athlete.

62:32

He's at the gym morning, noon, and

62:34

night. I could not think of anything I'd

62:36

rather do less. As you can see, I'm not

62:38

a gym bunny. I don't go to the gym. I

62:40

got no desire to go to the gym.

62:42

This is I'm going to the gym. Yeah, bye.

62:44

And that's it. Uh, and I say I'm going

62:46

to a board meeting like, "Yeah, bye."

62:48

Like, he couldn't think of anything he'd

62:49

rather do less. But it's we respect each

62:52

other's space and views and ideas and we

62:54

don't have to debate every last thing or

62:58

every last decision. Um, and

63:01

everything's okay. Like we we don't

63:04

worry about anything. We don't not say

63:06

we don't worry about anything. We don't

63:07

sweat about stuff.

63:09

Uh, you know, I don't care if he doesn't

63:11

pick up his socks.

63:13

Interesting. [laughter]

63:15

The whole world is not going to stop

63:17

because they've picked up your socks.

63:19

But the I tell you what really is

63:20

important in a relationship

63:22

is understanding when other people are

63:25

under pressure and being there for them.

63:28

And I don't mean being in there with

63:31

them, but I mean just being there for

63:33

them and doing the things that really

63:35

matter to them as opposed to big

63:37

romantic gestures. I can't I mean I'm

63:40

not a flower person. I don't

63:41

particularly like flowers. If someone

63:43

bought me flowers, it's okay, but I'm

63:45

not a big I don't need flowers. But my

63:49

husband used to fill my car up with

63:50

petrol, so it was one less thing I had

63:53

to worry about. And it's small things

63:56

like that that build a foundation

63:59

because you know that person's there for

64:01

you even though it's not a big romantic

64:03

gesture that the whole world can see cuz

64:05

that's really not very important to me.

64:07

Have you ever done the love languages

64:08

test thing?

64:09

No, I don't even know what it is.

64:11

So I'm not into this kind of woothing

64:13

thing but this is actually quite

64:14

from just 17 magazine or something. I I

64:16

[laughter] don't even know what it is,

64:17

but it's probably it's a series of

64:19

questions which try to understand how

64:21

the the type of love indicator that you

64:25

most appreciate and it tends to be the

64:27

case that busy entrepreneurial people

64:29

their their love language is and as is

64:31

mine is acts of service and it's exactly

64:33

what you've described the tiny little

64:35

thing to help in a moment. So like

64:37

helping you pack your luggage when they

64:39

know you're traveling

64:40

or just doing that tiny and for me when

64:41

I did I did the survey with my

64:43

girlfriend I'll send it to you. Mine was

64:44

acts of service for me. The most

64:45

meaningful thing someone can do for me

64:46

in a relationship is exactly what you

64:48

said is like

64:49

help me with a tiny thing that you know.

64:51

Yeah.

64:52

But is his sort of love language per se

64:54

the same? Some people say is like touch,

64:56

words of affirmation, acts of service or

64:58

gifts is one of them.

64:59

I think you take any of the above.

65:01

Oh, really? [laughter]

65:03

Does he get it?

65:05

Yes, he does. No, we we uh I think for

65:08

us the most important thing for us is

65:10

having a laugh, having lots of family

65:12

and friends that we enjoy their company

65:14

with. And you know, it's interesting.

65:17

Lots of couples have been married a long

65:19

time. They need lots of people around

65:21

them to break up. You know, they have

65:25

lots of friends over, lots of do lots of

65:27

things, big parties and stuff like that.

65:29

I'll tell you the one thing he does for

65:30

me every day without fail is um he takes

65:33

the dog for a walk which is very

65:35

important and he picks up a coffee and

65:39

he brings it straight to me and that

65:41

because he knows I cannot start my day

65:43

without without a coffee and that's his

65:45

big love moment every day.

65:48

Is there a need to maintain desire when

65:50

you're sort of two almost three decades

65:52

into your relationship? Is there things

65:53

to do? Is there a strategy to keep it?

65:56

This is the wrong podcast. [laughter]

65:59

Okay. Different shades as the CEO.

66:02

Exactly.

66:04

Okay. Is that the answer? You should

66:06

follow [laughter] your arms.

66:09

Do you know Do you know what I mean?

66:11

Date nights. I don't know. Is there

66:12

something that I should be thinking

66:14

about when I get

66:15

Well, you I think from our point of

66:16

view, our kids are grown up, so every

66:18

night's a date night for us. But I think

66:20

doing things that are different and

66:22

unusual. I mean we went on this

66:23

fantastic tour of Thailand where we went

66:26

all over did really crazy wonderful

66:30

things that were were really good fun.

66:32

So we try and do more experienceled

66:35

things but equally we are you know we

66:39

are prepared to go in our tracksuits and

66:42

go out to the pub. Um I mean I guess our

66:46

happy place if I have to think about

66:47

happy place is Soho Farmhouse. It's a

66:49

real happy place for us and we tend to

66:52

try and go one weekend a month um and we

66:55

spend two nights and really don't do

66:57

anything. Take the dog on long walks,

66:59

have loads to drink, watch a film, go

67:03

out, eat lots of food, just relax.

67:07

One thing you've never I've never seen

67:09

you talk about from from all that I read

67:10

is mental health, your own mental

67:12

health. This is kind of a a fairly new

67:15

conversation that's happened in the last

67:16

10 years. But have you had experiences

67:19

with things like anxiety or depression

67:21

within your own sort of mental health?

67:22

No, I haven't. Uh maybe I have, but I

67:25

just haven't focused on it or haven't

67:27

really thought about it. I think we all

67:29

have bad days, don't we? Where we're

67:31

sort of more snappy than than others and

67:34

days were really good. I started HRT

67:37

recently and I found myself singing in

67:39

the kitchen the other day, which is

67:41

something I don't think I've ever done.

67:43

And I was like, Christ, this stuff's

67:44

working. [laughter]

67:46

So, but no, I have this resilience from

67:49

this, you know, from my very early age

67:52

to be able to put things to one side and

67:54

focus on what needs to be done and not

67:56

really worry too much about it, which is

67:58

probably both a blessing and a curse.

68:00

And you do you describe yourself I was

68:02

reading one of your books. Do you

68:03

describe yourself as a feminist?

68:05

Definitely.

68:06

Yeah. And what does that mean to you?

68:08

To me, it means equality. It doesn't

68:10

mean wanting more than men. It doesn't

68:13

mean disliking men. It just means that

68:16

women's rights should be equal to men's.

68:18

It has been stigmatized, hasn't it, that

68:20

the word feminism. It's this kind of

68:21

like I feel like it's become a little

68:23

bit of a well, the stigma is it's kind

68:25

of this anti-man

68:27

rhetoric. Whereas really, I think men

68:28

should be feel like they're feminists,

68:30

too.

68:31

Definitely. every every man has a mother

68:34

um has an aunt has a sister has a cousin

68:36

has a female in his life that should

68:39

want them to be treated equally. I mean

68:41

it's a it's a truth for for every pound

68:43

a man makes a woman makes 86p and it's

68:45

going to take a hundred years to close

68:47

that gap and you get into industries

68:49

like finance you know that gap is is

68:53

much bigger than that so it's just about

68:55

equality it's about not being

68:57

discriminated against because you're a

68:59

woman not being paid less because you're

69:01

a woman not being able to earn your

69:04

worth because you're a woman that's what

69:05

it means to me

69:07

as we look forward at the future you've

69:09

achieved so so much in your life in your

69:11

career It seems like from what you cuz

69:13

you said earlier on that you weren't

69:14

ambitious when you seems like you've

69:15

probably surpassed your childhood early

69:18

years ambitions already. Is that an

69:20

accurate I don't want to put words in

69:21

your mouth, but is that accurate?

69:22

Yeah, I would think so. Yeah.

69:23

So, what what's what's driving you now?

69:25

What's the the thing flipping the duvet

69:27

and getting you out of bed if you've

69:29

surpassed all those ambitions?

69:30

I mean, the toughest thing about being a

69:32

success is you got to keep on being a

69:34

success. There's no point in having a

69:37

successful year last year to do nothing

69:39

this year. And what drives that is

69:43

ambition. And I really am disappointed

69:47

when people are afraid to say they're

69:48

ambitious because we tend to think

69:50

ambitious people are ruthless people.

69:52

And that's not the case. Ambition is

69:54

that spark. It's that fire inside of

69:57

yourself that won't let you settle for

70:00

anything other than what you think you

70:02

deserve and what you want. And uh I love

70:07

what I do. I feel so proud that I run

70:11

West Ham. I feel so proud that I'm in

70:12

the House of Laws and the work that's

70:14

important there that has to be done. Um,

70:17

I love the businesses that I'm involved

70:20

in, the charities that I'm involved in.

70:22

I've picked the things I wanted because

70:25

I wanted to say yes to them. And I don't

70:28

have anything I secretly wanted to say

70:29

no, but say yes. So, um, I think a sort

70:33

of allrounded life, whether it's doing

70:36

the apprentice, something I love, is

70:37

such good fun. I mean, we're there. I

70:39

don't know how it is on your show, but

70:41

on my show, there's a real level of

70:43

support, and we're all good friends. I

70:45

mean, Alan, Claude and I, we go on

70:46

holiday together. We go out for dinner.

70:48

We're we're friends. We're firm friends

70:50

first and and and and foremost. And I

70:53

love what I do, and I just want to keep

70:56

doing it.

70:57

Is there a goal or an ambition for you

70:59

or is it more of the same? Is that the

71:01

Do you have like a when you think okay

71:03

10 years from now

71:04

I've never had that. I've never set

71:05

milestones. I mean I did have when I was

71:08

younger I had a flat and I wanted a flat

71:10

that had heating

71:11

and then I wanted a flat that had

71:13

heating and a washing machine and then I

71:15

wanted a flat that had heating and a

71:17

washing machine and a car. So I did have

71:20

those sort of milestones as opposed to

71:22

ambitions. But I don't have any of that

71:23

anymore. There's nothing I want. I don't

71:25

ever look at people and think, "Oh, I

71:27

wish I had that or I really want one of

71:30

those." I actually don't want anything.

71:32

I don't have a car. I don't need a car.

71:34

I like to walk. I don't have a lot of

71:37

stuff. Um I'm not uh my some people I

71:41

know have wardrobes the size of your

71:44

flap with so many clothes in. I buy a

71:46

load of clothes for the apprentice and I

71:47

give them all away to dress for success

71:49

or to my staff when I'm finished. I

71:51

don't have a lot of stuff and I've never

71:54

wanted a lot of things. So, I don't have

71:56

this sort of, oh, I must get a boat or a

71:59

yacht. I mean, I'd never want anything

72:01

like that. I love what I do. I'm very

72:04

happy in my life. I'm very content. I

72:08

wake up every morning without anxiety. I

72:10

never feel I've bitten off more than I

72:12

can chew. I never think how am I going

72:14

to see through the day that is ahead of

72:16

me. I'm never thinking about how I pay

72:19

my bills. I'm never thinking about how

72:21

do I keep up with the Joneses. I'm never

72:23

worrying about those things that weighs

72:25

a lot of people down and give them a lot

72:27

of issues. I'm very happy. I'm very

72:29

content. I've lived a full life. They

72:32

say you only live once, but I think if

72:34

you live it right, once is probably

72:36

enough.

72:38

Amen.

72:40

I'm reflecting on n 18 19 year old Karen

72:43

that starts at Sachi and and then the

72:45

person that sat in front of me today and

72:48

I'm wondering based on that full life

72:50

and that experience you've had and all

72:52

those boardrooms and experiences you've

72:53

had what you would say to a 90 because

72:56

there's going to be I know that you know

72:57

on several platforms the majority of our

73:00

listeners are female. What would you say

73:02

to those young women that are starting

73:03

out in their career? What

73:05

[clears throat] would you whisper in

73:06

their ears? They're on their Monday

73:07

morning walks today and I see them

73:09

uploading this on their stories. What

73:10

would you say to them in terms of

73:11

navigating their future?

73:14

I would say grasp every opportunity. Try

73:17

as hard as you can. Never be afraid to

73:20

fail. And

73:23

I was going to swear, but I won't.

73:24

Swear. Please. [laughter] We swear every

73:26

day.

73:26

I'm not going to swear. Um and stand up

73:28

for yourself. And and trust me, you do

73:31

not want to get to 52 and look back on

73:34

your life and say, "I wish I would

73:36

have." You will always regret the things

73:38

you don't do more than the things that

73:40

you do. So, go and do stuff.

73:44

Thank you. It's been honestly such a

73:45

huge honor and pleasure to speak to you

73:47

because yeah, I was in my team now. I've

73:49

had this like weird captivated crush on

73:51

you ever since I saw you in [laughter]

73:52

Saudi Arabia because of that strength

73:54

and that your your wisdom, your strength

73:56

and your and all all you've achieved in

73:58

your life. And it's it's very very

74:00

inspiring and interesting to especially

74:04

the the path you've walked in such a

74:06

maledominated industry and how how you

74:09

you've you'd forged your own success at

74:11

just like 22 years old that that real

74:12

pivotal moment where you take over a

74:13

football club. Utterly fascinating and

74:16

um yeah and we have a closing tradition

74:18

on this podcast where the previous guest

74:20

writes a question for the next guest.

74:22

Oh goodness. You could have told me I

74:23

could have said something really really

74:25

[laughter]

74:26

This is a question that's been left for

74:27

you by Okay.

74:28

a certain individual. Okay. Interesting.

74:31

When you walk out of here after this

74:32

beautiful conversation with Steven,

74:34

[laughter]

74:34

I didn't write this. After this

74:36

beautiful conversation with Steven, do

74:38

you feel enriched? And if so, what would

74:40

you say to the next person you meet on

74:44

your experience? I would say that

74:48

[clears throat]

74:50

sometimes it's

74:52

very difficult to decide to share your

74:55

story because you open yourself up and

75:00

people get to know you in a way that

75:02

maybe you never thought they would. But

75:06

actually

75:07

sharing your story you hope inspires

75:10

someone else. And it also gives you the

75:13

opportunity to look back and reflect on

75:16

your own life because many of us are so

75:18

busy moving forward that we stop to say,

75:21

"Oh [ __ ] yeah, I was 19 once. What was

75:24

I doing when I living in that horrible

75:26

apartment with no washing machine and no

75:28

heating and when I didn't have a car and

75:30

how I worried about paying my bills?"

75:32

It's it's easy when you're 52 to forget

75:35

who you were at 18. And it's

75:38

opportunities like this when you think

75:40

about your life and the journey that

75:41

you've been on that you can, you know,

75:44

surprise yourself.

75:46

And you don't do many interviews, do

75:48

you?

75:48

I don't. I'm I steal well clear.

75:51

Why?

75:51

Because I think it's time for other

75:53

women to speak. I think that, you know,

75:56

it's like I could take a whole load of

75:58

non-execs and I could take valuable

76:00

positions that other women could have.

76:02

I've had my time. I'm 52. I've been

76:05

there. I've done all that. I don't want

76:07

to appear in okay magazine. I don't, you

76:09

know, want to be posing in a swimsuit or

76:12

any of those things. None of that

76:14

appeals to me. I want to lead a

76:18

calm,

76:19

incidentree, [laughter]

76:22

quiet life. Um, inspiring others in a in

76:26

a way I can. I want nothing for myself

76:30

out of this other than I hope that

76:32

people have have enjoyed it.

76:36

I certainly believe they would have.

76:39

Thank you so much Karen for your time

76:40

today and thank you for your wisdom.

76:41

You're such a

76:42

classy grace graceful inspiring human

76:45

being and yeah you've inspired me in so

76:47

many ways not just from watching you

76:49

growing up on the apprentice but also in

76:51

Saudi Arabia and again today. So I'm I'm

76:53

I have a debt of gratitude that I owe to

76:55

you and thank you for being here.

76:56

Thank you so much for having me.

76:59

[music]

77:01

Heat. Heat. N.

77:04

[music]

Interactive Summary

Baroness Karren Brady, one of Britain's most accomplished businesswomen, discusses her journey from a determined young woman starting in sales to becoming a leader in the male-dominated world of professional football. She reflects on the importance of independence, core values, and resilience, while sharing her approach to leadership, the art of persuasion, and balancing a demanding career with her personal life.

Suggested questions

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