Karren Brady: How To Win At Entrepreneurship & Love (at the same time!)
2191 segments
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I remember my first away game and I
turned up and I said, "Oh, hi. Could you
tell me where the boardroom is?" And he
said, "Dear, you don't understand. The
director's wives go in the ladies room."
And I said, "No, I don't think it's you
understands. I am the managing
director."
Baroness Brady. [music]
She's one of Britain's most successful
business women. I'm the kind of person
that never hears the word no. I hear
find another way to get what you want.
Leadership is about vision and your art
as a leader is to persuade people to
believe in your vision.
I remember reading the story about your
son turning to you on holiday and
saying, "I wish your Blackberry would
blow up."
Working mother is the best title for me.
Sometimes you don't get it right. You
can only do the best you can do.
Ambition is that spark. It's that fire
inside of yourself that won't let you
settle for anything other than what you
think you deserve and what you want.
What you would say to those young women
that are starting out in their career?
I would say,
so without further ado, I'm Steven
Bartlett and this is the Diary of a CEO.
I hope nobody's listening, but if you
are, then please keep this to yourself.
[music]
Karen,
hello Stephen. [laughter] Um,
I I've spent the last couple of days
listening to your interviews and reading
a lot of sort of interviews you've done
in newspapers and things like that. And
as I got further and further and further
further into your story and further into
your childhood, there was this this
question which I wasn't able to answer
despite all that I' I'd read. And it's
you clearly from a very young age had
this real deep desire to have freedom
which resulted in this independence and
also resulted in this wonderful young
person who had this ability to like
stand up for themselves. But where did
this deep desire to be free from the
control of others where does it come
from?
I don't know. I mean, my mother always
tells a story that um when I was four
that um my grandfather was looking after
me at home and um my parents had this
drinks cabinet and it was sort of open
down and it had all these like bottles
of beautiful bottles and little glasses
and things
and she tells this story and I don't
remember it at all, but I got a chair
and I climbed up and I opened the drinks
cabinet and they had these little sherry
glasses and I poured all little bits of
liquid from it and and I started to
drink it and my grandfather said, "Um,
don't do that. You'll be sick." And I
said, "You leave me alone. I'll do what
I want. I won't be sick." And then, of
course, drank half of the [laughter]
of the drinks cabinet. Um, and wasn't
sick. [laughter]
And my mom said, "You were always
defiant. You always had your own mind.
Wanted to do your own thing. Uh, thought
you knew best. Cut my own hair when I
was six. We had a um a school photo the
next day and I decided the only person
who could cut my hair was myself and you
should see the picture. My fringe sort
of starts here and sort of goes like
that and it's got all lumps cut out of
it. I guess I kind of thought if I
didn't stand up for myself, no one
would. And I was very happy to stand up
for myself. And you know, in life as you
go through life, you one of the things
you realize is that if sometimes you've
got to find your backbone and you've got
to use it and simply putting one foot in
front of the other and keep going is one
of the philosophies I've had in my life.
But no, I always define, always stood up
for myself, never took anything lying
down. Yeah. I don't know. define feels
like the perfect word. Um, and I trying
to figure out where it came from because
usually when I sit with my guests, they
can like even if it's incorrect, they
can look back in hindsight and pinpoint
a moment, some kind of trauma or pain or
negative experience which shaped them to
be a bit of an anomaly in some way. So I
was like, where did this defiance come
from? And I couldn't quite figure it
out.
I don't know. I I have no idea. It's not
part of any trauma that happened to me.
I just I guess I always felt that I had
something to say and even at a young age
I wanted to say it and I didn't care who
heard it or how you know I just felt I
wanted to stand up for myself. I I have
no idea. I've never really thought about
it. I know it's definitely a part of my
personality trait that this defiance,
this I'm going to prove people wrong.
I'm going to do what I want to do how I
want to do it. Uh, but I never really
thought about where it came from.
What's this story about your first day
of school and your mom being concerned
that you might be shy and then finding
out that you [laughter] chucked some kid
off the chair?
Well, there's another I mean, I don't
remember any of these stories, but my
mom said the first day of school, she
was very worried if I would be shy or
would I want to go home or whatever. And
she went to pick me up from school and
she said to the teacher, "How was
Karen?" She said, "Oh, your daughter's
car. She'd always be shy." She said,
"Karen, shy?" She said she she went up
to a boy in a chair and she went,
"That's my seat. Get off." [laughter]
So, but I don't remember it. I don't
remember any of these things. But all
these little stories, they always have
one thing in common that I had this sort
of level of defiance and this, you know,
determination to to stand up for myself.
One of my suspicions when I was trying
to piece together this this little bit
of defiance puzzle was um reading about
your dad and how much of a sort of
hardworking autonomous man he was and
how hard you said he worked. I was
wondering if they had given you a bit of
a kind of a void of independence when
you were growing up that led you to
create this kind of independence in
yourself. Was were they like present and
were they on you?
No, definitely not on me in that way.
They weren't, you know, tiger parents
pushing you to the front. Although my
grandmother used to always say, "Be
first because it's the best place to
be." She used to always say that to me.
So my dad left school at 14, didn't have
much of an education and worked really
hard to get where he wanted. And I guess
the lesson from him was, you know,
nothing compensates for hard work. And
if you don't try, you know, if you don't
try something, you'll never know how
good you are at something. So I think
maybe that sheer resilience came from
his model of working hard, doing your
best, trying everything, pushing
yourself forward.
And would he give you advice? Would he
impart knowledge onto you or was it you
learning by his example of watching him
work?
I think almost definitely the the the
second one. I I don't remember him ever
sitting me down and saying, "Do this and
you you know your life will be better or
more enriched." I think it was just
learning from examples from seeing the
hard work and you know we went from
Edmonton to a little bit further up to
another little place in Edmonton to a
bit further up and our lives sort of got
slightly better and my dad's desire was
to give my brother and I a really good
education cuz he hadn't had one. So he
really wanted us to have a great
education cuz he felt that was a big
part of what was missing in his life.
And I guess he maybe he thought if you
have a great education, you don't have
to work so hard. You don't have to start
so much at the bottom. I think that was
a real driver for him.
And your mother?
My mother was a housewife. Okay.
So she had no ambitions for work. Very
smart woman, very nurturing in
everything that she did. My dad was away
working a lot. So she was a lot on her
own. Uh but equally funloving and
stylish and you know spoke her mind too.
And you at this age didn't have big
ambitions for what you wanted to do in
the future in terms of specific
ambitions about career options. There's
a quote which I read where you said, "I
wasn't gifted in anything. I wasn't
academic. I wasn't the best at anything.
In fact, I was a very average child who
really didn't know what she wanted to do
or where she was going to go. The
greatest gift that my parents gave me
was self-esteem."
Yeah. I think you're very lucky if you
know what you want to do. If you have a
vocation or a calling at a young age, I
think that is a remarkable thing that
you should you should channel. I didn't
know what I was good at. I didn't feel I
was particularly good at anything. I it
wasn't as though I had a particular
panache for, you know, anything. And
uh I wasn't particularly ambitious, but
I know I wanted to do something with my
life, but I didn't know what. And I
think ambition is something that sort of
creeps up on you slowly when you realize
you're good at something and you think,
"Oh, actually I'm quite good at this."
And then you think, "Actually, I might
be the best person in this room at this
or I might be the best person I know at
this." And that inspires you to to to
keep going. But I left school at 18. I
had O levels and A levels as they were
in those days, but I had no
qualifications. But what I had worked
out something really important and that
is I'd worked out my core values. So at
18 I had worked out that I was
ambitious, I was determined and I had
integrity. And core values are the
things that sort of make you who you
are. They are the things that lead you
to make the decisions you make for
yourself and the way you make decisions.
And 18, I knew those things about
myself. And at 52, I think they're still
my core values. And armed with those
things, I set out to get a job. And the
one thing I wanted for my life was
independence. I wanted to say what I
wanted to do and how I wanted to do it
and when I wanted to do it. And that's
predominantly because I'd been at
boarding school from a very early age.
Going back to my father wanted to give
me the best education. He thought
boarding school education was probably
the best. And at boarding school, you
get up when you're told, you eat what
you're told, you wear what you're told,
you do what you're told. And I'd had
enough. And I knew that independence
only really came when you had your own
money. And the problem is 18, I didn't
know how you made money. But I kind of
worked out almost everyone works for
someone even before they work for
themselves. So I went out and I got a
job. and at 18 with no qualifications
other than O levels and A levels but
armed with my core values that I really
wasn't afraid to work hard and I was
really ambitious and I would try
anything and I would do anything but
with integrity I went out and I got a
job and I started my career
something I just I was just trying to
piece these um put two kind of dots
together there boarding school a very
restrictive place the antithesis of like
freedom your childhood sounded like you
had quite a lot of sort of relative
freedom is there is is it possible that
you went from a childhood pre-boarding
school where you had a bit more freedom
and then because boarding school was
such a big change, you had a bit of an
allergic reaction to the someone taking
your freedom or do you
My friends who are still my friends from
when we were at school in those days, we
remember only one thing about that whole
time, the boredom of simply being there
and having mass sort of three times a
day. And the second thing was we were
hungry all the time. Every day was a
fast day. So you'd have, you know, the
holy saint of such and such day and it
was a fast day. And we remember those
those two things and the sort of
repressive attitude of wearing the same
thing, doing the same thing, doing what
you're told, not being able to explore
things you were interested in. Um, and
uh, none of us could wait to none of us
could wait to leave. But it did teach me
resilience,
the ability to do the things that need
to be done when they need to be done,
whether you like it or not. And that's
because every day was the same. And
there's a great lesson, I think, in life
in being able to force yourself to do
things you don't want to do because you
have to. And that taught me a great deal
of patience and resilience and
determination.
which is funny because much of your your
life has been very much the opposite
doing making sure you don't have to do
things you don't want to do and being
like restricted by the rules of others.
But there is a sense in every job you
do, whether you're
a pop star, you got to sing the same
songs every night,
you know, whether you're working in an
office or working for someone else or
reporting to shareers, there's an
element of our lives that has to be
done. And you get that discipline from
being able to do it and power through it
and approaching it in the way it needs
to be approached, which is a real
discipline as opposed to saying, "I
don't want to do it and I'm not going to
do it." there's a difference.
You you said earlier about how you
started at one point to notice the the
advantages or the skills you had over
your peers at a maybe a young age around
maybe 18 when you start to join the
working world and before what when you
looked at say 18 19 year old Karen what
were those skills that you started to
notice well I'm better than I seem to be
better than everyone else at this thing
or you know stronger or whatever
I went into sales um which is the sort
of place where most people go when they
don't really have anything else they
[laughter] can
what else they can do because you you're
either good at it or you're not. Um, but
you don't need any particular skills
other than being able to have resilience
of picking up the phone, keep trying,
not taking the knockbacks going forward.
And I realized I was good at it and I
would never take no for an answer. I
would always be determined. I would
continue to pick up the phone. I had a
sort of dogged attitude to not letting
the knocks get me down. you know when
people slam the phone down you or they
don't want to speak that ability to
learn the language it wasn't do you want
any it was how many do you want you know
it was that it was that sort of subtle
change of being able to be
personable I think I worked out an early
age that people do business with people
and it doesn't matter how much brain you
have if you don't have a personality you
can't put that brain into good uh you
know in in into a good place so having a
personality and having a brain is is a
good combination.
I worked in teley sales as well for four
years
from 16 to 20 odd whatever it was and it
was genuinely the most formative
experience of my life.
I agree.
Also because I didn't have the
qualifications. So it's the
Yeah. Yeah.
And it's a good place to start. I don't
know about you, but I'm not particularly
creative. I couldn't have done anything.
I mean, [laughter] I couldn't have done
anything in the arts world or anything
like that. But actually picking up the
phone, having that resilience, being
prepared to take the knockbacks, keep
pushing forward, never taking no for an
answer. Those are things I learned from
a very young young age.
So you did sales at Sachi and Sachi?
No, I did mean menial office work at
Sachi at Zachary and I left Sachi to go
into sales at 19 and I worked for London
Broadcasting Company where we sold
advertising space.
And that's where you met David Sullivan.
Yes, that's right. Yeah. He was one of
my very first clients and he took radio
advertising and within six months of me
meeting him and selling him radio
advertising he was spending2 million
pounds a year on radio which was the
highest spender on commercial radio in
the country and I was on a really high
commission.
Well done. [laughter]
It was a good time. [clears throat]
So you meet David Sullivan and he's
quite well he's not spending on radio at
the at the time when you met him and
he's kind of against it I hear.
Yeah. he didn't think it particularly
worked and I sold him the idea that he
would take the advertising package and
if sales didn't go up he didn't have to
pay for it and he said yeah sounds okay
to me and I sort of thought well if he
doesn't pay for I'm going to be in
trouble but I thought I'll worry about
that when that happens I was just
pleased to have made the sale and he
took the advertising the advertising did
work and he kept spending and spending
and spending
if we zoom in on that that sale that
deal you closed with David Sullivan I
know a lot of people couldn't have
closed that deal and I know that was a
pivotal moment in your early career but
I know a lot of people couldn't have
closed that deal. So as you look back in
hindsight what was it about Karen that
helped you to close that deal? Well, one
I went to see him. So, I turned up at
his offices and I waited until he saw me
and I waited a long time, quite a few
hours until he felt, I think, sorry for
me and I wasn't going anywhere and he
let me do the pitch, the presentation,
which I did. Equally, I always had this
um feeling that, you know, what's the
worst that can happen? And the worst
that could happen is he didn't take the
package and he slung me out. But the
best that could happen is he saw me and
he took the package. So, I always looked
on the bright side. So, I turned up, I
did the deal, I presented well, I had
all the facts and figures. I knew what I
was talking about. And I guess he
thought it took a chance. I think the
package was I can't remember. It wasn't
a lot of money. You know, it wasn't a
multi-million pound deal that someone
have to really think about it. I pitched
it just that it would be an impulse. It
could be someone that it was enough
money to have a gamble. Not too much,
not too little, just in that spot. And I
persuaded him. I had this art of
persuasion, talked about what it could
do for him, how it would work, and he
and he took it. And that was the
beginning of my one of my very own
clients that stayed with me for many
years and still today we're still
working together at West Ham some 30
years later.
That is pretty um incredible. Did he
know you were coming that day to pitch?
Had he booked in a meeting to see you?
I can't remember. I think I'd booked in
a meeting. Whether he knew about that or
not, [laughter] I don't know. Right.
I can't remember
because that did end up being quite an
early pivotal moment for you. It's quite
a testament to the fact that again
people do buy from people and that you
were very a very persuasive person. But
also there's a subless in there which
I've heard you talk about before which
is when you're young and you don't have
a ton to lose because young people fall
into this trap of thinking that no is
some kind of like death sentence or it's
fatal.
Yeah.
But as you say, you know, when you've
got nothing else to lose.
Yeah. I had nothing to lose. The worst
thing that could have happened is he
didn't buy it. Um, and I had to sell it
to someone. I was very independent. I
wasn't relying on my parents for money.
I was relying on myself. I had no safety
net, no nest egg. I had no, you know,
no, I had to pay my rent. I had to pay
my bills. I had to pay my travel. I had
to pay for my food. And I had to make
that sale for me. It had to happen. It
wasn't a case of, well, we we'll we'll
see. But I'm the kind of person that
never hears the word no. When someone
says no to me, I don't hear no. I hear
find another way to get what you want.
And that's what I always do. I always I
think no is is only really pivotal if it
ultimately stops you doing what you want
to do. If you hear no and you can find
another way of getting what you want,
that's that's just as good as hearing a
yes.
Am I right in thinking that you're
someone that like really believes in a
philosophy versus like current skills?
Because you're when you talk, you talk
in terms of like your own philosophy to
life. And a lot of people when they
speak they speak in terms of I don't
know skills or hacks or tricks or
whatever. But yours seems to be much
deeper than that. Even saying that
they're defaulting to optimism all the
time. And the
I don't know. I've never really I've
never really [clears throat] thought
about it. I think you you know you you
you need the ability to work hard. You
need the ability to push yourself
forward. You need the ability to have a
backbone. You need the ability to um
have a dogged sort of determination. And
if you have a great idea, so much the
[laughter] better. So much the better.
People say to me, you know, what what is
an entrepreneur? Well, an entrepreneur
is someone that just spots a gap in the
market for a service or a product that
that is either not available or
available, but they can make it better.
And they're the kind of people that
well-meaning people say, "Oh, don't do
that. That's very risky." but they are
prepared to back themselves and put all
those doubters to one side and just plow
through it. And that that's sort of been
what I've done for 30 years.
As you said, that relationship with
David has sustained still today and he
actually went on to hire you. So what
have you learned about the importance of
like relationship building in business?
And
I think that uh part and parcel of
running a great business is to have
really good culture and really good
culture comes from trust and being
candid and being honest and supporting
one another. And it's interesting that
David Sullivan is I'm is still with me
in West Ham. So is David Gold. Two
people who I started with from a very
young age. Um, and we're still all
working together and we still have lots
to talk about and lots of ideas and we
still bounce off each other and we trust
each other and I think that's a really
fundamental part of growing a great
business.
Being candid, you said there. Talk to me
about how candid you are in business.
Very. I think it's important. I have a
great candid atmosphere at West Ham. I
want people to say what they don't think
is right, what they think could be
better, what needs to be changed. I
think if you have too many like-minded
people running the same organization,
you're so busy patting each other off on
the back as you sort of follow each
other off the edge of the cliff, you
need people to say, "Hang on a minute.
Why is this important? How does this
affect us? What does this, you know,
what does this mean we stand for? What
are our values? What's our purpose?" You
need people to be honest and candid. And
I think candid is good. And how do I go
about creating a candid culture in my
company? Say if I've, you know, I'm
running a a business and I want people
to be more candid, what what what do I
do and don't do to make sure that we
arrive at that place?
Well, the most important thing the most
important thing that people want from
you when you're running your
organization is your time. They want
time with you. They want you to listen
to them. They want to be in your inner
circle. They want to be part of part of
it. That's what people want. Um, it's,
you know, it's become less, I think, as
times have gone on about money and
status and more about being in the know,
being in that in that room when
decisions are made and making people
feel that they can be in the room, that
they're part of the discussion and that
you'll listen to them and that they can
say what they want without worrying
about, you know, what's going to happen
to me next. I think that's that's really
important. So, say someone's in the
boardroom with you and they they say
something which is maybe even negative
towards a decision you've made. I guess
you've got to be cautious of your
reaction to make sure that they don't in
the future shy away from because you're
a very powerful woman. You know, it
would be quite intimidating to tell you
the truth.
I don't think I think if you spoke to my
staff, they or the people that I work
with, they would all say that the one
thing Karen is great at is listening and
understanding. And I think the minute
you think as a leader of organization
you know everything is the minute you
don't know anything at all. You have to
believe in lifelong learning. You have
to believe that the people around you
are valuable enough to have a different
opinion to yours that is just as
important. And the minute you think they
they don't have an opinion that's
important as yours, you either don't
have the right team or you don't have
the right team with the right skills. I
like to employ people better than me
because it sort of proves I'm better
than them, if that makes sense.
[laughter] And then when you have people
with um great knowledge and great
skills, why wouldn't you listen to them
when they tell you something? I mean, of
course, you have debates. I want to do
everything quickly. I want to do
everything
um with strength and power and purpose.
And others are like, well, hang on a
minute. Let's not go at that pace. Let's
try and do this. Let's do something. And
sometimes you follow your gut instinct
because it's important. And people say
to me, well, what what is a gut
instinct? A gut instinct, I think it's
made up of all the experiences you've
had through your career.
And you've sort of when you're in faced
with a problem, you've been in that
movie before. You've had that problem
before. A different problem in a
different moment about a different
thing, but very similar. and you know
the outcome. So your gut instinct goes,
"Hang on a minute. I've I've I've
somehow I've been here before and I know
how this plays out." And I find if I
follow my gut gut instinct, I tend to go
make the right decisions. And if I
ignore it, I tend to go bad. But
sometimes you need someone to go, "Hang
on a minute, take a step back, have
another look at this, have a think about
this." And it's a very uh it's a very
lonely place if you don't have people
around you that want the same things as
you that want to help you achieve and
build the things that you you you want
to do. And being able to listen to
people and encourage people to have
their thoughts and ideas is I think
really really important.
So how much of an organization that you
you run and what parts of it are a
democracy? because I'm trying to see
that balance between you being assertive
and making the the call but also
operating in some respects like a bit of
a democracy where you're hearing
everyone's opinions. Is there like a
balancing act?
Yeah, I mean look, if you think about
leadership um and you should never
confuse leadership with management.
Management is about setting out a series
of goals and managing people to deliver
them. Very important. But that's not
leadership. Leadership is about vision.
And sometimes it's only a vision you can
see. And your art as a leader is to
persuade people to believe in your
vision and help you deliver it. So we
have large groups of people that help
deliver visions. So our next vision for
West Ham, for example, is to go from a
60,000 capacity to a 62 and a half
thousand capacity. And we're in the
process, we've got planning permission
for it. in the process of going through
that transition. Um, how do we sell
those extra tickets? Who do we sell them
to? Do we put the price up? Where do we
allocate them? How do people get in?
Should there be more bars? These are
huge decisions. One person cannot make
those decisions. And everybody who has a
stake in that decision should have a
say. And that's everyone from the
commercial department right through to
you know the person who runs the
disabled supporters group. Everyone
needs to make that decision together and
that's how you breed great culture
listening to people understanding the
problems finding the solutions together
having some fun while you do it. So it's
not all you know over charts and in in a
very um rigid way. It is much more in a
conversational way. So for example, I
took a load of my team to Seville when
we played in Europa and we went
together. We had a great time together.
We use the downtime to talk about things
important to us and it's part and parcel
of creating a place where people feel
really proud to work. They feel really
proud of what they do and they feel
really well respected
and they have a lot of fun.
They have a lot of [clears throat] fun.
Yeah.
Yeah. I just realized I'm playing at
your stadium.
Oh, is it in the um the soccer age?
Yes.
Yes. [laughter]
Hopefully that will sell it out for you.
But um no, I just realized as you were
talking then yeah, we're playing at
unbelievable beautiful stadium which I
know you're you're a big part of getting
winning the bid to kind of move over
there. On the topic I'm really excited
by the way what a tremendous honor that
is to get to play at your stadium. But
um on the topic of football then you so
David Sullivan ends up hiring you from
LBC.
Yes.
And you join his corporation and then I
hear at like 22 23 years old you see an
advert in the Financial Times to for
Birmingham City which is in financial
hardship and you
administration
and you persuaded David to buy
Yes.
Birmingham.
What? [laughter] Well, he to be fair to
him, he was looking at buying either a
race course or a football club. He was
interested in doing something in that
area and Birmingham had gone into
administration. There was a little ad
that said football club for sale and I
thought that's interesting. And I got
the details and I went to him. I said,
"There's this football club for sale.
You buy it and I'll run it."
What?
And he was like, "Oh, football very
male-dominated. You'll have to be twice
as good as the men to be thought as even
only half as good." And I said, "Well,
luckily that's not difficult.
[laughter]
and he said, "Okay, we'll give it a go."
And and we did. And it was bought really
quickly within three days. That was like
a Friday. And on the Tuesday, we owned
the club and that was it. We uh we went
in there. We we made so many mistakes,
but we had a great time. It was such a
fantastic experience, you know, to be
given the challenge and chance of a
lifetime to run a great business and
change it, take it out of
administration. I mean, it made a
trading profit for the first time in its
history after my first year. And it was
a real learning curve. Uh, but it was
great fun.
I love how you glossed over the fact so
graciously that at 23 you took over the
management of a football club after
seeing an advert in the Financial Times
and persuading David to buy it. You took
over the management of a football club
at 23.
Yes. I was desperate to look at least
25. [laughter]
Like the press conference, big hair,
shoulder pads, power dressing. So,
did you just have the the courage and
the conviction and the confidence to
take on that role? Because football is a
complete like I don't even think No, I
definitely would not have the the
confidence to run a football club. And I
I' I've loved football. I've followed it
my whole life. I've ran big businesses.
But a football club is a whole different
beast.
It is like it is different. And it's
different because
it doesn't make anything. It doesn't
manufacture anything. It doesn't produce
anything other than more footballers.
all its assets are people. So being able
to manage people and to manage the
diversity of those people and it comes
back to that culture by having an
environment where everyone has to do
everything within their skill set to
make the business a success and know
that that is valued and respected and
there is no uh ceiling on your ambition.
Whether it's the 18-year-old that wants
to go into the first team or the
18-year-old who works in the ticket
office that one day wants to run it,
it's up to you where you go. And I
wanted to create a sort of a a business
that I wanted to work in when I was 18
where you you was nothing holding you
back. There was no politics, there was
no age, you know, no discrimination
whatsoever. The it was there for you to
do and achieve what you wanted to
achieve within our environment.
And that's why football is different
because some people can't get their
heads around the fact of what
footballers earn and they begrudge it if
they're not playing well. They they they
don't you know part and parcel of
managing people is understanding people
and respecting people and valuing people
and giving people your time and your
encouragement. But more importantly than
that, it's about standing alongside
people and supporting them when things
are not going well. much more than when
things are going well. Um, being their
backbone and their uh and their support
system. Very important in people's
business.
As well as that culture, what else was
it that helped you take Birmingham
because your stint at Birmingham is seen
as being incredibly successful as as you
say, like turn the club profitable for
the first time in like recent history.
What how did you do that outside of
culture? There must have been tough
decisions you had to make.
Very there were loads. I mean from when
I first went there to sort of getting
rid of everybody. Lots of businesses
that I am involved in or I know friends
that run the biggest
issue for lots of people that run those
businesses is making the change to
personnel when they need to because they
find it very difficult if someone's been
with them a long time to realize
actually
that person's skill set was great when
we were growing the business and now we
need a different skill set to take it to
the next level. But you think, but
that's John. John's been with us
forever. It's very difficult. But you
have to sort of step above that and say
it's my responsibility to ensure this
business is success for the 800 people
that work there and the shareholders and
everything it stands for. So you have to
make the best decisions and you have to
try and remove as much emotion as you
can out of it, but also always doing the
right thing for the right reason and not
for any other reason. And I think one of
the most important things in a people
business is you must never underestimate
the power of kindness. Being kind to
people and being respectful of people is
really important.
I had a few words to say about one of my
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below. Quick one. As many of you know,
I've been trying to make my life a
little bit more sustainable as it
relates to energy ever since I sold my
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um it's a real game changer for a
product and one that I'm going to be
installing in my home soon. I think
David Sullivan when he described you and
much of the reason why he had this has
this huge admiration for you is exactly
that. I think he in an interview said
you were a good sacker.
I think what we probably meant was I
wasn't afraid to make tough decisions.
Yeah. and and some of them were really
tough.
Even at 23.
Yeah, even at 23, I really had a clear
vision of what I wanted to achieve and
knew the kind of people I needed around
me to achieve it.
You talked about how emotion sometimes
gets in the way of those tough decisions
for a lot of people. I've seen the same
thing in in businesses when they get a
little bit romantic about the wrong
objective basically or the wrong thing
and that ends up compromising what
should be their primary objective which
is the company, you know, in their role
as CEO or founder whatever. And I've
also heard you say that emotion, well
maybe that was the the headline of the
article. You've described yourself as
not being an overly emotional person,
but the the article I read, remember the
headline was um emotion isn't in her
makeup.
So something words to that effect. Does
that re resonate with you? Is that
something do you think consider yourself
to be an emotional business person?
I'm very logical as a person. I don't
worry about the effect on me of any
decision that I make as long as I feel
it's the right decision. I worry about
the effects it has on others. Um, but
I'm I don't get overly emotional about
things to me which are unimportant,
whether that be criticism on social
media or criticism wherever that comes
from. As long as I know the decision
I've made and why I've made that
decision, I can stand by it. And I care
much more about what my family and my
friends and my colleagues think of me
than someone on social media who I'm
never going to meet, don't know, and I'm
never going to have a conversation with.
So, I'm not emotional from that point of
view.
When you take on a football club as
well, and you've worked in football
clubs for what, two decades, three
decades, three decades now,
you're dealing with emotional fan bases
just like hysterical. I I know cuz I'm a
Manchester United fan and we're very,
you know, emotional as a fan base right
now, but a hysterical, almost
unpleasable, thankless fan base, it
seems at times. So, how has that
impacted you? They're like the voice of
the fan base in your decision-m does it
factor in
every decision I make I make for them to
make them prouder of the football club
to bring them the success that they want
to deliver
the things they want to see at the
football club and the way they want to
see them. Whether that's what we did
through the pandemic for our community,
what we continue to do for our
community, the fact that we keep our
prices low, the fact that we promise
them European football and we've
delivered it, the fact that we have
great players and great culture and a
great manager. Every every decision I
make, I don't make for myself, I make
for them. And I do it to the very best
of my ability. And sometimes they don't
like those decisions and sometimes they
don't agree with those decisions, but
they're all done because it's what I
consider to be for the best of the club.
And also, I guess sometimes they don't
understand those decisions because the
fan base isn't of any football club
isn't a fan base that's educated on
business and finance and inner workings
of a club. So there's lots of like
misconceptions about the decisions that
are being made and are they like
self-profiting decisions or whatever.
How important is transparency in running
I would say in any business but really
in a football club where you've got
millions of people who are your I guess
your stakeholders. How and like clubs
don't seem to be that transparent
largely.
I think it's hugely important. Um and I
think I think football supporters are
very knowledgeable on the business of
football. It may not be a priority for
them but I think they are knowledgeable.
I mean they you've looked at clubs that
have had a really difficult financial
time and having a firm foundation on
which to build they know is important
and it's equally you know it's important
that they know the parameters. I mean,
we we're not, you know, oligarchs or
Saudi Arabian billionaires. We're we're
English taxpayers. We do the best we can
and we generate as much money as we can
without putting that burden onto them,
which is why we have the cheapest season
tickets in the Premier League, let alone
in London in a brand new stadium. So, we
try and go on the journey together. But
I mean, moving to the Olympic Stadium,
54,000 season ticket holders completely
sold out. Some people didn't like it.
But you have to make a decision that you
think is right for the right reason. And
going from a 35,000 seat stadium to a
what is going to be a 62 and a half
seater stadium was a big move and a bold
move and it has proved to to work out
for us which is why we're now playing in
Europe. What would that have happened if
we were at Upton Park? probably not
because it hadn't happened for many
decades before that. So I think people
don't like change and it's important
that they understand why the change
happens and what it means to them and
how it's going to affect them and how
hopefully it enriches their life as
opposed to make it makes it worse.
Do you have an objective at West Ham to
um be more transparent? The recent event
that comes to mind around transparency
in football is obviously the was it like
the European Super League thing
where suddenly one day we all wake up
and all of our favorite football clubs
in the like the top eight or what? Not
even in the top eight but had decided
they're all going to join top six. Yeah,
they're not even the top six.
Yeah, it wasn't even the top six.
There were six of them.
Yeah, exactly. [laughter] I can't even
say that. Manchester United were at the
point, but um they decided to join this
this super league in Europe and it
seemed like it was just this like self
profiting decision which kind of ruined
football or whatever. And after that, I
saw a little bit of a change in some
clubs like Liverpool that the owners
came out and did like a video
apologizing. It was the first time I'd
seen like owners post a video of them
talking on social media. Is this one of
your objectives within the organization
that you run at West Ham to be more
open, a more of a glass box?
We try to let our manager and our team
do the talking for us cuz
because the the supporters don't want to
hear what the CEO thinks. They want to
know what the team think and the manager
thinks. And I think from our point of
view, we're always very respectful of
that. You know, some chairman write
program notes, some chairmans do videos.
We tend to want our team to to do the
talking for us. And we don't really want
to put any more pressure on them and the
manager than they all put on themselves
because they're the ones that put the
pressure on themselves to be successful.
Um, they don't need it from us. As I
look throughout your whole life, one of
the clear consistent themes in you is
your hard work.
Yeah.
It's just like, you know, sometimes it
looks a little bit like obsession in
certain parts of your story. I read
about the fridge not being turned on in
your apartment. Someone saying
my friend my friend came to live with me
and she said, um, the the sticky stuff
still around the fridge and the oven had
never been turned on. And I Yeah.
What age was that?
21.
And you just you were working so hard
you hadn't turned the fridge on. you
were in the office so much.
Well, the thought of cooking and eating
at home never occurred to me. I'd always
grab something on the way in or the way
out would never the thought of actually
buying food because I knew if I bought
food it would just go go off.
People talk about work life balance,
right? And this like obsessive like
they do these days.
Yeah, they do these days in when I was
starting those that phrase had never
been uttered by anyone.
What's your opinion of the the work life
balance conversation? Oh, I think it's
uh much more sensible than anything I
did. Definitely. I think that, you know,
in in my day, you started at the bottom
of the run and you worked your way up
very slowly and carefully to get as high
up the ladder as you could. Whereas now,
it feels much more like a web where you
do a bit over here and a bit over there
and change and do that and then don't
like that, you go and do this. Um, and
you have a much more rounded life. And I
think technology has changed how we all
work. I mean, you know, you're getting
up at 6:00 in the morning to be in the
office at 7 and staying to 8:00 at
night. You don't have to do that now.
And I think that's so much for the
better.
And so, do you live a more rounded life?
Definitely. Yeah, definitely. I don't go
into my office at the crack of dawn and
sit there all day and expect everybody
else with the old ball and chain to be
there. I mean, I I know from having a
family and a career that actually having
flexibility is really important and
giving staff the ability to come in when
they need to and work from home when
they want to is important.
But I guess you didn't always because I
remember your reading the story about
your son turning to you on holiday and
saying, "I wish your Blackberry would
blow up, mom," or something.
Yes. Working mother is the best title
for me because there's two things that
are very important in my life, and that
is my family and my work. And I've tried
my very best to to make those things
work together. Sometimes you don't get
it right. Sometimes you have to decide
that family is more important than work
or work has a priority that's more
important than family and you have to
try and juggle and you spend your whole
life going sports day, board meeting,
parents evening, board meeting, you
know, and you never know where you can
be. And until you come to the conclusion
that you cannot be in all the places you
need to be, you you you can only do the
best you can do. It's a sort of relief.
And sure, my kids will always say, "I
worked throughout their whole growing
up." Um, but they learn different things
from a working parent. the ability to be
independent, to have uh ambition, to
value yourself, to work hard. Those are
those are very good lessons as well.
And do you set aside time to like switch
off as they say?
I don't need to switch off.
Interesting.
I mean, nothing's work unless you'd
rather be doing something else, I find.
And there are times when I think, oh
god, I got to go and do that like today.
[laughter]
No, I'm only joking. I'm only joking.
But there are times when you go, oh,
I've got to go and do that. And you only
feel that sort of but the one thing this
drive for independence
it also comes with another added bonus
and that added bonus is the ability to
say no. If I don't want to do anything
all I have to say is no thank you. When
you're building a career you have to say
yes to everything and you have to say
yes even when you so want to say no and
you say yes and you think how do I get
out of this? try to think of a million
million things you know million excuses
uh to get out of it but when you are
independent you can say no and it's a
great
freedom to not have any obligation where
you have to you don't have to say yes to
anything you can say no if you don't
want to do something and you say yes
when you want to do it and you tend to
enjoy that balance of your life a lot
more
we met in Saudi Arabia for anybody that
doesn't know that was the first time
we'd met and I'd watched you on you know
TV growing up. But in Saudi Arabia, we
were on stage together. We were in a
panel of five and what happened on the
stage, I actually came back and told all
my team and I said, "I absolutely I love
her." Right. So, I don't know if you
know what I'm about to say. I don't.
You don't. Okay. So, we're on stage um
in Saudi Arabia, kind of like a Dragon's
Den style thing where these
entrepreneurs are coming up and pitching
to us and one of the panelists, one of
the male panelists to my left
[snorts]
um you went to ask a question, right?
All right. I don't know if you remember,
but you went to ask a question of the
entrepreneur that was pitching to us and
then one of the male panelists to my
left, he kind of like interrupted you
and and spoke and carried on speaking
and you waited about 30 seconds. You let
him finish his kind of interruption and
then in front of what must have been a
thousand plus people. You turned to him
very calmly said, "One second, I asked
my question first." And then you carried
on with your question and the whole
audience burst into applause.
I do remember that. Do you remember?
[laughter]
I do remember that.
And I'm sat there like, "What?"
I do remember that. I do remember that.
I was really quite annoyed.
Really?
Um I was annoyed because we'd gone to
Saudi. Well, I'd gone to Saudi to talk
about the importance of women and our
rights and being respected. Uh and then
to be spoken over on a stage, I was not
going to let that go under any
circumstances. And I think it was a good
way of being able to show how it's
important to stand up for yourself and
not to be walked all over. And I
certainly was not going to be walked all
over.
And everyone in the room understood that
moment for big significance you
described there because
it was in a very unemotional
professional way. It wasn't in a
It was the most classy like wonderful
polite way to destroy someone.
[laughter]
It was like that's why I said to my team
after I was like she the way she did it
was so like classly classy and like
gracious but it made such a profound
point and you could tell the point was
made because the whole room burst into
applause. But that kind of brings me on
to a wider point about and as you say
the reason why you're in Saudi is this
battle that I know you've had through
your career with men kind of
underestimating you or sexism which I
guess started when you first got the job
at Birmingham.
Yeah. I mean, I remember my first um
away game. I think it was Watford, and I
turned up and I said, "Oh, hi. Could you
tell me where the boardroom is?" And
this little old boy, little steward on
the desk, he went, "Oh, director's wives
over there." And I said, "That's
interesting, but where where is the
boardroom?" And he said, "Dear, you
don't understand. The director's wives
go in the ladies room." And I said, "No,
I don't think it's you understand. I am
the managing director, so I want to know
where the boardroom is." And this little
boy put his little glasses on. He went,
"Oh, yes." He said, "Yes, you're that
woman. Stay here and I'll find out what
to do with you." Because there were no
other women in football. So, there was
never a woman in the boardroom. And
women weren't, you know, weren't welcome
in in boardrooms because it was meant to
be the place where the directors or met.
And of course, they were all men. And I
remember thinking that it was the very
first door I'd kicked down. And I was
determined that I would keep that door
open as wide and as long as possible to
get as many other women through as
possible. And that is something I've
spent my last 30 years doing. It's
really important to me. It's really
important that that there is a sense of
equality and equal pay and equal respect
for everything that you do regardless of
where you're from, what sex you are,
what your beliefs are, how you look,
where you're educated. Equality is very
important to me.
Why do you think it's so important to
you in particular? I think because look
at 23 I was given the challenge and
chance of a lifetime and I took that and
I knew that that started with someone
having trust in me and I knew that there
were so many talented people out there
that didn't have someone that had that
trust in them and I wanted to be that
person. Did you experience um sort of
sexist behavior from the players?
Occasionally, but nothing that I
couldn't deal with. I mean, I was very
lucky in a sense that from 16 to 18, I
went to a boarding school that was
predominantly all boys. So, it had girls
in the six forms. So, he had like, I
don't know, 20 girls and 600 boys. So
being surrounded with young men all had
something to say and knowing how to deal
with that was something that stood me in
good goodstead for my career. So it
wasn't difficult for me and I didn't get
phased by it and it didn't upset me and
I wasn't emotionally damaged and I
didn't feel scarred and I didn't had to
go crying to anyone. I I I could deal
with it. It didn't phase me and it was
an irrelevance of mine. One of the
things that I've noticed specifically in
the like black community is or one of
the concerns I had growing up was I'd
see in some of my black friends that the
belief that they were they were at a
disadvantage actually seemed to hurt
them more than the disadvantage itself
if that makes sense.
Do do you have the same concern that
worrying too much that you might not get
in will stop you from taking the actions
to get in if that makes sense? I'm sure
every
every woman at some point in their
career when they've had to say shall I
stop to have a family
what is that going to you know how is
that going to affect me how is that
going to affect my pay my career
prospects my promotion my standing I'm
sure every woman at that point has had
that that thought and unfortunately or
fortunately as we you know women give
birth to all the taxpayers in the world
we deserve have a break really. So I'm
sure it is a thought that crosses
people's mind. I mean I read some
research that 54,000
returning new mothers to work are so
badly treated because they are
considered to be a burden to the teams
in which they work. People are going to
think they're going to want to go early.
They're not going to be as focused.
They're going to have brain fog that
they are eitherounded out of their jobs
or choose to leave. And that's a
shocking statistic really.
Um, so yeah, I I can see how people are
just, you know, waiting for that moment
when someone, you know, when you do have
to say, I have to go and pick my son up
from school. I have to leave early. It's
a difficult conversation and you're
considered to be, you know, less
valuable because you have these these
these real other issues. So I I can
understand how it plays on people's
mind, but it's important for
women like me to change attitudes
because if I don't do if if women like
me have achieved something, if we don't
use our voice to change it for the next
generation, who's going to do it?
One of my guests pointed out to me um a
couple of weeks ago that when a woman is
successful and she's a mother, people
always ask the question like, "Oh my
god, how do you how do you do it?"
Whereas when a guy is successful, even
if he's a father, no one no one cares
about. Well, no one asks. No one asks
because they presume he's got a wife.
Yeah.
Who's doing it for him?
Yeah. Like Joe Wix. Joe Wix has been
here once or twice. And when Joe Wix is
doing all of his stuff, Pee for Joe,
etc., no one is on his Instagram going,
"What about the kids?"
Yeah. [laughter]
But um we've had women entrepreneurs
that have been here who do a very very
similar thing to Joe Wix. And it's the
question that they get asked all over
their Instagram if they do a workout on
their social media. It's like, "Well,
where are the kids?"
But I think there's two reasons for
that. One is other women want to know
how do you manage that so you
[clears throat] can inspire me to to to
find a way um and the other is because
it's uh it's an easy thing to ask a
woman and that's the lazy question you
know where are your kids? What do you do
with your kids? How do you manage with
your kids? It's a bit like when whenever
you know whenever there's a picture of a
a woman there's always what she's
wearing.
Yeah. uh where is never for a man. Maybe
because women wear better clothes. I
don't know. It is [laughter]
but it's always about what you're
wearing, where'd you get it, how much
was it?
Um and it's always defined you, you
know, uh so and so in her bright pink
jacket. They don't say, "Oh,
[clears throat] Steven in his black."
I wish they did, but [laughter] clearly
not interesting enough.
I had a few words to say about one of my
sponsors on this podcast. As the seasons
have begun to change, so has my diet.
And um right now I'm just going to be
completely honest with you. I'm starting
to think a lot about slimming down a
little bit because over the last couple
of probably the last four or five months
my diet has been pretty bad. Um and it
started to show a little bit really over
the last two months. I go to the gym
about 80% of the time. So I track it
with 10 of my friends in a WhatsApp
group in this tracker online that we all
use together. We call it fitness
blockchain. And I'm currently at 81%.
Um, so 81% of the days I've done a
workout in the last 150 days, right? So
I'm going to the gym about six times a
week, that's been a little bit impacted
by the Derio Live tour, but I'm trying
to stick to it. And so one of the things
I'm doing now to reduce my calorie
intake and trying to get back to being
nutritionally complete in all I eat is
I'm having the Hule protein shake. Thank
you, Hu, for making a product that I
actually like. The salted caramel is my
favorite. I've got the banana one here,
which is the one my girlfriend likes.
But for me, salted caramel is the one.
Paul, your husband Paul
been together since 1995. I think you
met him at Birmingham. He was like the
star player.
How's that been, you know, being such a
careerdriven person, um, who's had these
fairly all-consuming jobs throughout the
years. You know, it's funny when I
there's an interesting thing that
happens in the comments section when I
because I ask every single guest, every
single podcast about relationships. It's
what something I'm just really intrigued
by because I've struggled over the years
with my work and trying to balance the
relationship. But when I ask women this,
people again, I understand why they
assume that I'm asking it because for
the same reasons we've just described,
like I'm trying to understand how you
can be a wife but also hardworking. So,
I just want to put that out there
because I see a lot of the [laughter]
comments. But no, I'm really curious.
you know, you've been this pretty
relentless entrepreneur for the last
three decades, whatever it's been. How
has it been to to manage a relationship
and be that person um and a partner
while also being the tremendous business
woman?
Well, um you have to remember that we've
been married a very long time. And when
we first got together, Paul's career was
much more dominant than mine really. and
uh he was traveling around playing at
different clubs, playing for his country
and I was the one staying at home
looking after the kids having my career
and and working around that and he was
the one going around and then he uh
retired from football and my career took
off a bit and then he became a football
manager and I stayed home more with the
kids and we sort of we've balanced our
our lives to give each other the space
to do the things that we love that make
us rounded individuals.
I have no jealousy of anything he does
and equally to me. So, for example, when
I'm filming The Apprentice, um I don't
know how it how it works on on Dragon's
Den, but when we film The Apprentice,
when it says it's 4:00 a.m., the
voiceover says it's 4:00 a.m., it really
is 4:00 a.m. And we work 16 to 18 hours
a day, seven days a week for five weeks
to produce that show without a break.
There isn't a day off. And it is really
hardgoing. So I always say to Paul, it's
much better if he's not there because I
want to get up at four o'clock in the
morning, have a bath, put the lights on,
turn the television on, leave when I
want, then get back maybe 8:00 at night,
go straight to bed, ready for a 4:00
a.m. start the following day or whatever
it is. So he goes to Canada to see his
family because his parents live in
Canada and he has a great time with his
family and I can focus on what I have to
do without any distractions because what
happens during that period is let's say
he might say um should you go out for
dinner tonight and I'll say yes and then
I don't get home because filming's
overrun and I'm not home till 1:00 in
the morning and then he's like oh you
coming you're not coming and I I just
it's too much. It's on top of everything
else it's too much. It's much better if
I have my space to do what I've got to
do and he has his space to do what he's
got to do. But the one thing that we
have in common is we've built a great
family and we we respect each other. We
love our kids. Our kids are our whole
life. Even though they are, you know, 25
and 23, we everything is about our
family and everything we do together is
is really important. And I have to say,
if you said to me, you got one day left
on the earth. What would you do with it?
I'd want to spend it with my husband and
my two kids because we have such a great
laugh together and we're good friends
and there's a real bond of family
between us.
How important is it to be candid?
Because that's kind of what you were
describing there, being so candid with
how you're feeling and what you're going
through. A lot of people don't have that
in relationships.
Oh, we're definitely candid. [laughter]
We're definitely candid.
And how important is that, do you think?
I'm asking for myself.
I think it's really important because
you can't pretend to be someone you're
not.
It's a bit like in an early part of a
relationship. I got a friend who's have
got an early part of a relationship and
the guy she [clears throat]
is with likes the opera. She cannot
stand it. But she's saying, "Oh yes,
love the opera." And I'm like, "Why
don't you just say hate the opera? I
couldn't think of any. I'd rather do
less." Because when he finds out
actually you hate the opera and then or
or you find out you got to go more to
the opera and you're going to resent it.
Why not just be honest from the start?
Say I really can't stand the opera. You
go. You have a nice time. Let me know
what it's like. I think it's probably
our relationship is not needy.
So he doesn't need me. I don't need him.
We want to be together, but we don't
need to be together. I don't need to
know where he is every minute of the
day. I don't need to know what his
thoughts are on every single thing or
everything I do. I think if he could
have me a little bit more needy,
probably would. But he knows that I'm
very self-sufficient and don't need much
from anyone. Um, and I think that's
again going from boarding school where
you're very much on your own. you like
your own company, but we we don't we
don't there's not a neediness in the
relationship where uh I say to him, "Oh,
I've been invited to go um to to
Buckingham Palace for um dinner with the
queen." And it's a white t. I'm not
going to that. I'm not a white tie. I'm
not getting a white tie. And he won't
come. Like he's not if he doesn't want
to come to anything, he won't come. Uh
and I'll say, "Oh, I've got this, you
know, thing. Do you fancy doing that?"
He'll say, "No, definitely not." or
he'll say, "Should we I fancy doing
this?" And I'll say, "No, I don't want
to do that." So, we we very candid with
each other and it works for us.
This is the single biggest mistake I
made at the start of my relationship and
me and my girlfriend had a conversation
and we discussed it was I was saying yes
too much to things to try and please
because you feel like that's what's
needed. Whereas I came to learn over the
years, and I literally had this
conversation with my girlfriend over the
last month, that in fact, I need to just
be honest more regardless of how I think
it might impact her
because you see, you're saying yes when
you really want to say no.
Yeah.
And then you've got this sort of
underlying resentment. And it's much
better to just say no and suffer the
consequences.
Yeah, definitely.
Versus forever. Because as you say with
the opera, I then have to try and live
out this life forever.
Exactly. Exactly. And I think it's
important to have your own space and
your own friends and do your own thing.
Um, you know, you're married, but you're
not joined at the hip. And there's of
course there has to be a level of mutual
respect there and and honesty and trust
and all of those things. That goes
without saying, but you're not the same
person. And it is okay to have different
interests and it is okay. My husband is
a gym bunny. He's professional athlete.
He's at the gym morning, noon, and
night. I could not think of anything I'd
rather do less. As you can see, I'm not
a gym bunny. I don't go to the gym. I
got no desire to go to the gym.
This is I'm going to the gym. Yeah, bye.
And that's it. Uh, and I say I'm going
to a board meeting like, "Yeah, bye."
Like, he couldn't think of anything he'd
rather do less. But it's we respect each
other's space and views and ideas and we
don't have to debate every last thing or
every last decision. Um, and
everything's okay. Like we we don't
worry about anything. We don't not say
we don't worry about anything. We don't
sweat about stuff.
Uh, you know, I don't care if he doesn't
pick up his socks.
Interesting. [laughter]
The whole world is not going to stop
because they've picked up your socks.
But the I tell you what really is
important in a relationship
is understanding when other people are
under pressure and being there for them.
And I don't mean being in there with
them, but I mean just being there for
them and doing the things that really
matter to them as opposed to big
romantic gestures. I can't I mean I'm
not a flower person. I don't
particularly like flowers. If someone
bought me flowers, it's okay, but I'm
not a big I don't need flowers. But my
husband used to fill my car up with
petrol, so it was one less thing I had
to worry about. And it's small things
like that that build a foundation
because you know that person's there for
you even though it's not a big romantic
gesture that the whole world can see cuz
that's really not very important to me.
Have you ever done the love languages
test thing?
No, I don't even know what it is.
So I'm not into this kind of woothing
thing but this is actually quite
from just 17 magazine or something. I I
[laughter] don't even know what it is,
but it's probably it's a series of
questions which try to understand how
the the type of love indicator that you
most appreciate and it tends to be the
case that busy entrepreneurial people
their their love language is and as is
mine is acts of service and it's exactly
what you've described the tiny little
thing to help in a moment. So like
helping you pack your luggage when they
know you're traveling
or just doing that tiny and for me when
I did I did the survey with my
girlfriend I'll send it to you. Mine was
acts of service for me. The most
meaningful thing someone can do for me
in a relationship is exactly what you
said is like
help me with a tiny thing that you know.
Yeah.
But is his sort of love language per se
the same? Some people say is like touch,
words of affirmation, acts of service or
gifts is one of them.
I think you take any of the above.
Oh, really? [laughter]
Does he get it?
Yes, he does. No, we we uh I think for
us the most important thing for us is
having a laugh, having lots of family
and friends that we enjoy their company
with. And you know, it's interesting.
Lots of couples have been married a long
time. They need lots of people around
them to break up. You know, they have
lots of friends over, lots of do lots of
things, big parties and stuff like that.
I'll tell you the one thing he does for
me every day without fail is um he takes
the dog for a walk which is very
important and he picks up a coffee and
he brings it straight to me and that
because he knows I cannot start my day
without without a coffee and that's his
big love moment every day.
Is there a need to maintain desire when
you're sort of two almost three decades
into your relationship? Is there things
to do? Is there a strategy to keep it?
This is the wrong podcast. [laughter]
Okay. Different shades as the CEO.
Exactly.
Okay. Is that the answer? You should
follow [laughter] your arms.
Do you know Do you know what I mean?
Date nights. I don't know. Is there
something that I should be thinking
about when I get
Well, you I think from our point of
view, our kids are grown up, so every
night's a date night for us. But I think
doing things that are different and
unusual. I mean we went on this
fantastic tour of Thailand where we went
all over did really crazy wonderful
things that were were really good fun.
So we try and do more experienceled
things but equally we are you know we
are prepared to go in our tracksuits and
go out to the pub. Um I mean I guess our
happy place if I have to think about
happy place is Soho Farmhouse. It's a
real happy place for us and we tend to
try and go one weekend a month um and we
spend two nights and really don't do
anything. Take the dog on long walks,
have loads to drink, watch a film, go
out, eat lots of food, just relax.
One thing you've never I've never seen
you talk about from from all that I read
is mental health, your own mental
health. This is kind of a a fairly new
conversation that's happened in the last
10 years. But have you had experiences
with things like anxiety or depression
within your own sort of mental health?
No, I haven't. Uh maybe I have, but I
just haven't focused on it or haven't
really thought about it. I think we all
have bad days, don't we? Where we're
sort of more snappy than than others and
days were really good. I started HRT
recently and I found myself singing in
the kitchen the other day, which is
something I don't think I've ever done.
And I was like, Christ, this stuff's
working. [laughter]
So, but no, I have this resilience from
this, you know, from my very early age
to be able to put things to one side and
focus on what needs to be done and not
really worry too much about it, which is
probably both a blessing and a curse.
And you do you describe yourself I was
reading one of your books. Do you
describe yourself as a feminist?
Definitely.
Yeah. And what does that mean to you?
To me, it means equality. It doesn't
mean wanting more than men. It doesn't
mean disliking men. It just means that
women's rights should be equal to men's.
It has been stigmatized, hasn't it, that
the word feminism. It's this kind of
like I feel like it's become a little
bit of a well, the stigma is it's kind
of this anti-man
rhetoric. Whereas really, I think men
should be feel like they're feminists,
too.
Definitely. every every man has a mother
um has an aunt has a sister has a cousin
has a female in his life that should
want them to be treated equally. I mean
it's a it's a truth for for every pound
a man makes a woman makes 86p and it's
going to take a hundred years to close
that gap and you get into industries
like finance you know that gap is is
much bigger than that so it's just about
equality it's about not being
discriminated against because you're a
woman not being paid less because you're
a woman not being able to earn your
worth because you're a woman that's what
it means to me
as we look forward at the future you've
achieved so so much in your life in your
career It seems like from what you cuz
you said earlier on that you weren't
ambitious when you seems like you've
probably surpassed your childhood early
years ambitions already. Is that an
accurate I don't want to put words in
your mouth, but is that accurate?
Yeah, I would think so. Yeah.
So, what what's what's driving you now?
What's the the thing flipping the duvet
and getting you out of bed if you've
surpassed all those ambitions?
I mean, the toughest thing about being a
success is you got to keep on being a
success. There's no point in having a
successful year last year to do nothing
this year. And what drives that is
ambition. And I really am disappointed
when people are afraid to say they're
ambitious because we tend to think
ambitious people are ruthless people.
And that's not the case. Ambition is
that spark. It's that fire inside of
yourself that won't let you settle for
anything other than what you think you
deserve and what you want. And uh I love
what I do. I feel so proud that I run
West Ham. I feel so proud that I'm in
the House of Laws and the work that's
important there that has to be done. Um,
I love the businesses that I'm involved
in, the charities that I'm involved in.
I've picked the things I wanted because
I wanted to say yes to them. And I don't
have anything I secretly wanted to say
no, but say yes. So, um, I think a sort
of allrounded life, whether it's doing
the apprentice, something I love, is
such good fun. I mean, we're there. I
don't know how it is on your show, but
on my show, there's a real level of
support, and we're all good friends. I
mean, Alan, Claude and I, we go on
holiday together. We go out for dinner.
We're we're friends. We're firm friends
first and and and and foremost. And I
love what I do, and I just want to keep
doing it.
Is there a goal or an ambition for you
or is it more of the same? Is that the
Do you have like a when you think okay
10 years from now
I've never had that. I've never set
milestones. I mean I did have when I was
younger I had a flat and I wanted a flat
that had heating
and then I wanted a flat that had
heating and a washing machine and then I
wanted a flat that had heating and a
washing machine and a car. So I did have
those sort of milestones as opposed to
ambitions. But I don't have any of that
anymore. There's nothing I want. I don't
ever look at people and think, "Oh, I
wish I had that or I really want one of
those." I actually don't want anything.
I don't have a car. I don't need a car.
I like to walk. I don't have a lot of
stuff. Um I'm not uh my some people I
know have wardrobes the size of your
flap with so many clothes in. I buy a
load of clothes for the apprentice and I
give them all away to dress for success
or to my staff when I'm finished. I
don't have a lot of stuff and I've never
wanted a lot of things. So, I don't have
this sort of, oh, I must get a boat or a
yacht. I mean, I'd never want anything
like that. I love what I do. I'm very
happy in my life. I'm very content. I
wake up every morning without anxiety. I
never feel I've bitten off more than I
can chew. I never think how am I going
to see through the day that is ahead of
me. I'm never thinking about how I pay
my bills. I'm never thinking about how
do I keep up with the Joneses. I'm never
worrying about those things that weighs
a lot of people down and give them a lot
of issues. I'm very happy. I'm very
content. I've lived a full life. They
say you only live once, but I think if
you live it right, once is probably
enough.
Amen.
I'm reflecting on n 18 19 year old Karen
that starts at Sachi and and then the
person that sat in front of me today and
I'm wondering based on that full life
and that experience you've had and all
those boardrooms and experiences you've
had what you would say to a 90 because
there's going to be I know that you know
on several platforms the majority of our
listeners are female. What would you say
to those young women that are starting
out in their career? What
[clears throat] would you whisper in
their ears? They're on their Monday
morning walks today and I see them
uploading this on their stories. What
would you say to them in terms of
navigating their future?
I would say grasp every opportunity. Try
as hard as you can. Never be afraid to
fail. And
I was going to swear, but I won't.
Swear. Please. [laughter] We swear every
day.
I'm not going to swear. Um and stand up
for yourself. And and trust me, you do
not want to get to 52 and look back on
your life and say, "I wish I would
have." You will always regret the things
you don't do more than the things that
you do. So, go and do stuff.
Thank you. It's been honestly such a
huge honor and pleasure to speak to you
because yeah, I was in my team now. I've
had this like weird captivated crush on
you ever since I saw you in [laughter]
Saudi Arabia because of that strength
and that your your wisdom, your strength
and your and all all you've achieved in
your life. And it's it's very very
inspiring and interesting to especially
the the path you've walked in such a
maledominated industry and how how you
you've you'd forged your own success at
just like 22 years old that that real
pivotal moment where you take over a
football club. Utterly fascinating and
um yeah and we have a closing tradition
on this podcast where the previous guest
writes a question for the next guest.
Oh goodness. You could have told me I
could have said something really really
[laughter]
This is a question that's been left for
you by Okay.
a certain individual. Okay. Interesting.
When you walk out of here after this
beautiful conversation with Steven,
[laughter]
I didn't write this. After this
beautiful conversation with Steven, do
you feel enriched? And if so, what would
you say to the next person you meet on
your experience? I would say that
[clears throat]
sometimes it's
very difficult to decide to share your
story because you open yourself up and
people get to know you in a way that
maybe you never thought they would. But
actually
sharing your story you hope inspires
someone else. And it also gives you the
opportunity to look back and reflect on
your own life because many of us are so
busy moving forward that we stop to say,
"Oh [ __ ] yeah, I was 19 once. What was
I doing when I living in that horrible
apartment with no washing machine and no
heating and when I didn't have a car and
how I worried about paying my bills?"
It's it's easy when you're 52 to forget
who you were at 18. And it's
opportunities like this when you think
about your life and the journey that
you've been on that you can, you know,
surprise yourself.
And you don't do many interviews, do
you?
I don't. I'm I steal well clear.
Why?
Because I think it's time for other
women to speak. I think that, you know,
it's like I could take a whole load of
non-execs and I could take valuable
positions that other women could have.
I've had my time. I'm 52. I've been
there. I've done all that. I don't want
to appear in okay magazine. I don't, you
know, want to be posing in a swimsuit or
any of those things. None of that
appeals to me. I want to lead a
calm,
incidentree, [laughter]
quiet life. Um, inspiring others in a in
a way I can. I want nothing for myself
out of this other than I hope that
people have have enjoyed it.
I certainly believe they would have.
Thank you so much Karen for your time
today and thank you for your wisdom.
You're such a
classy grace graceful inspiring human
being and yeah you've inspired me in so
many ways not just from watching you
growing up on the apprentice but also in
Saudi Arabia and again today. So I'm I'm
I have a debt of gratitude that I owe to
you and thank you for being here.
Thank you so much for having me.
[music]
Heat. Heat. N.
[music]
Ask follow-up questions or revisit key timestamps.
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.
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