Latest / Beyond Fulfillment Podcast / She Works 4 Days for Profit and 1 Day for Free, with Kate Hardcastle
Transcript
- 0:00There were many, many times to take an easier route.
- 0:02could I have made more money doing something else?
- 0:05Yes. Could I have got to success quicker?
- 0:07Could I have the notoriety that other people crave?
- 0:10Absolutely. But with the right people around you and sticking to your core values,
- 0:16I think I've started to get there.
- 0:23All right, Dave Gulas back here at Shop Talk and I'm with Kate Hartcastle.
- 0:27Hi, Kate. Fantastic. How about yourself?
- 0:28Hello, how are you? I'm
- 0:30good actually. Nashville has a habit of doing that to you I think.
- 0:33It makes you ready for the day.
- 0:35Yeah,
- 0:35it's so fun here. There's country music everywhere,
- 0:38there's all kinds of stuff going on.
- 0:39You walk out on the street and everyone's excited to be here.
- 0:42Everyone is really excited to be here,
- 0:43sometimes a little too excited to be here.
- 0:46Right, right. We've seen some of that.
- 0:47so Kate, love to hear about your entrepreneurial journey.
- 0:50I know you're big in the UK, of course,
- 0:52and here in the US as well. You do keynotes at a lot of big retail conferences
- 0:56and you've been an entrepreneur for about seventeen years now.
- 0:59That's right. And you came up in the interior home and design corporate ranks before
- 1:03making the leap. So why did you decide to become an entrepreneur?
- 1:07Well, it kind of chose me really.
- 1:09I was very honored to be mentored by a lady called Dame Anita Roddick,
- 1:13who was the founder of something called The Body Shop,
- 1:15which is an incredible international brand in beauty.
- 1:19And she was, a rock star entrepreneur.
- 1:22She really had a very different way of looking about things in terms
- 1:26of how you could be profitable,
- 1:27but also purposeful. And she did so much work for communities and
- 1:31her supply chain was built on
- 1:32helping communities to build themselves when it came to that.
- 1:36And her words, her wisdom really stuck with me.
- 1:39although I was mentored in corporate roles and I was doing very well there,
- 1:42winning the big gongs and being celebrated for the work I did,
- 1:46I felt it was time for me to put what I thought was good use to purpose
- 1:51and have a business, which we still do to this day.
- 1:53We give a day back a week to small businesses.
- 1:57community projects. We've helped over 2,000 across the world so far.
- 2:01that's what we do. So we work four days corporately,
- 2:04commercially, and then one day we work on give back.
- 2:06And the other reason, the other driver,
- 2:08was I was very into tech, always have been.
- 2:10And I knew that with the movement of technology,
- 2:14consumer would get definitely more information in the hand.
- 2:17And I felt that it was time to be able to make sure that businesses
- 2:21did the right thing.
- 2:22by customers. That doesn't always mean that you can't make profit or have
- 2:24a great business, but it's very important to make sure that your customer,
- 2:28your consumer, feels that they're in a relationship with you and one they feel very
- 2:32respected into.
- 2:34Okay. All right. Interesting. So that mindset,
- 2:37that way of doing business, okay,
- 2:38sounds great, but how challenging was it,
- 2:40especially once you made the leap,
- 2:42is getting that practically done,
- 2:44especially with bigger corporations to where
- 2:47so often the consensus is it's all about profit and they can be very ruthless
- 2:50in terms of cutting costs and how they treat people and how they even treat
- 2:54customers the bigger an organization gets.
- 2:56How challenging was it implementing that type of mindset in into those enterprise
- 3:00level customers?
- 3:01It was excruciating. If you try and build a purposeful business now,
- 3:06I think it would be even more challenging in some ways because I think we're fixated
- 3:10sometimes on numbers and what good looks like and I think it's very difficult
- 3:14to set out something different.
- 3:16The biggest challenges for me have been carving out what I wanted to stand for.
- 3:20So with the broadcast work that I do,
- 3:22I work internationally on many,
- 3:23many TV stations and channels.
- 3:25We create documentaries with production companies.
- 3:28The latest one is on Netflix about chicken and fried chicken food
- 3:32and the whole supply chain to that.
- 3:34It is very difficult to be somebody who goes against the grain because people don't
- 3:39tend to enjoy that. It feels uncomfortable for them
- 3:41and it's definitely uncomfortable for you as the disruptor,
- 3:44if you like. So trying to build a business consultancy and advisory as we do,
- 3:49putting customers at the heart,
- 3:51but then also doing good was very difficult.
- 3:53I was told many times not to do it.
- 3:56to fight for the right of not just being a retail analyst
- 3:59or a sector-specific analyst and actually being a consumer expert that works across
- 4:04everything from automotive to celebration of life to nursery products
- 4:08to theme parks to travel. That's really been challenging as well because again
- 4:12you're an outsider and the outsider is your strength but actually you're trying
- 4:15to help businesses understand what you do and I think also just
- 4:18in the business community you know to be let in the room when you don't always
- 4:21fit a specific sector but if you look
- 4:23My original bet was right. My bet was that there would be more closing
- 4:27of the gap sector to sector. And I think even in your sector,
- 4:30you've seen that particularly.
- 4:31It's not a linear route anymore to success.
- 4:34And I think some of that prediction that I was working out would happen,
- 4:38definitely fueled by technology,
- 4:40as to light.
- 5:07Okay. Now through that journey,
- 5:09like you said, it's not a linear process,
- 5:11even though we want it to be, right?
- 5:13We think it's gonna be, we all believe,
- 5:14right? But often life takes you on all these detours and alternate routes.
- 5:18But through that process, was there ever a point in time you thought about giving
- 5:21up?
- 5:22Yes. Yes. Next question. No,
- 5:25I very much sure. mean, I went through personal journeys at that time.
- 5:28So I became a parent and then I became a parent to twins at one point as well.
- 5:33And, you know, physically and mentally,
- 5:35that's quite the load. And you run in a business at the same time.
- 5:37Covid we had in the UK, Brexit,
- 5:40the separation challenges that all impacted my clients,
- 5:43my workflow. There were many, many times to take an easier route.
- 5:47but it wasn't as principle the route.
- 5:49And I think I would have been in some way letting down the people I serve
- 5:53in the end, which is the end consumer,
- 5:55if I didn't try and keep my value set in.
- 5:58So could I have made more money doing something else?
- 6:00Yes. Could I have got to success quicker?
- 6:03Could I have the notoriety that other people perhaps really crave?
- 6:07Absolutely. But with the right people around you and sticking to your core values,
- 6:13I've managed to
- 6:14breakthrough, I don't know if it was a glass ceiling or a cement ceiling sometimes,
- 6:18because it certainly feels like it,
- 6:19but I think I've started to get there.
- 6:21Okay. And that's certainly inspirational too for all the entrepreneurs that
- 6:25are listening, right? Because everyone goes through their own challenges,
- 6:27their own journeys. But like you said,
- 6:29right, you wanted to be a disruptor,
- 6:31an outsider and do things differently.
- 6:32You picked a very difficult route,
- 6:34you know, purposeful yet profitable businesses in the enterprise level.
- 6:38Like you said, it was excruciating.
- 6:39You wanted to give up many times,
- 6:41but you stuck to your values, you broke through.
- 6:43And even though maybe it was a detour not the way you planned it,
- 6:46you got notoriety, you got success.
- 6:48now you work with clients such as Disney and L VMH and some some very,
- 6:53very big companies. So knowing you went through all that and you stuck
- 6:57to your principles and you did it your way,
- 6:59so to speak, how good does that feel?
- 7:01Well, you know, right at the outset,
- 7:02I agree with everything you just summarized apart from one thing that I wanted
- 7:05to be a disruptive I didn't want to be.
- 7:07It feels really uncomfortable.
- 7:08And so there's nothing in me that goes,
- 7:10aha, I did it in the end. I'm just not built like that.
- 7:13I'm built on curiosity, which is what I think serves my client.
- 7:16I'm built on purpose and I'm built on serving the end user.
- 7:19So I don't feel like there's a mile that I've got to on the race where I've gone,
- 7:22yeah, I'm here now. I don't. I'm always looking bigger,
- 7:25better, more opportunities, bringing more sectors in.
- 7:28not very good at self-celebrating.
- 7:29I don't think a lot of entrepreneurs are actually,
- 7:32but I also feel that we do sort of dot the I's and cross the T's.
- 7:36I like to think that we do things really in a wholesome way.
- 7:39I was really interested in Shop Talk.
- 7:41We're here at Shop Talk. I'm here doing some panels,
- 7:43but I attended a session yesterday with ELC,
- 7:47the Estee Lauder Group. And we heard that from a massive international corporation
- 7:51who I have dealings with, but they were saying how much
- 7:54they need to act with this very new,
- 7:57fresh, almost small business mentality.
- 8:00And I think our purpose, we can offer that into larger organisations.
- 8:04I think that's been the big aha moment for me that actually is that mindset that
- 8:08will break a lot of the opportunities for the bigger businesses too.
- 8:11Yeah, and it's ironic you mentioned that too,
- 8:13'cause that's something I talk about too in my content 'cause we have
- 8:16a small business, right? And we see the difference in many sectors between just
- 8:21the way these big box companies operate where it seems like there's no urgency,
- 8:25people are just punching a clock,
- 8:26no one really cares, things don't happen quick for customers,
- 8:29and so many larger customers are leaving for fresh founder led companies where they
- 8:34know it it's all about how the employees treat them.
- 8:37So we see that out there.
- 8:38But given what you're saying is like these big companies can introduce that small
- 8:42business feel, like how do you implement that where a company's so
- 8:45big and there's so much bureaucracy,
- 8:46like how do you infiltrate that mindset and bring a small business feel
- 8:50to a company like that?
- 8:51I think it truly sounds a lot easier than it is because what you need
- 8:54to build to create the opportunity for anything that's different is trust.
- 8:59People have to almost fall into your arms and trust that you're going to catch them.
- 9:02And I think that trust is earned.
- 9:05I don't think it's anything you can shortcut at all.
- 9:07So I have built that by being 365 days a year of doing what I'm saying
- 9:13I'm going to do, delivering it,
- 9:15getting the results, getting onto the next piece.
- 9:17And therefore I think
- 9:18as hard as it might seem, you have to earn the trust to then implement
- 9:24the opportunity that's so important and critical.
- 9:27I think that's how we can be purposeful and useful to bigger businesses,
- 9:31to show what we have done and why it would work for them.
- 9:34Okay. Love that. a couple more questions.
- 9:37So you are branded as the customer whisperer.
- 9:40what is that and how did that come about?
- 9:42It came about by a TV production company.
- 9:44In the world of broadcast, everything is very much about ease of understanding,
- 9:48even on really big topics. I've learned that over the years.
- 9:51I've been doing broadcast now for 18 years.
- 9:53And that was part of the reason as well I made the journey,
- 9:56because I had to be an independent voice to be able to take opportunities
- 10:00in broadcast. And so they were trying to describe what I did,
- 10:03this kind of bridge between the boardroom and the end user or the end customer,
- 10:06et cetera.
- 10:07And someone said, yeah, it's like a customer whisperer.
- 10:10And the only thing I'd ever seen was the dog whisper program and no slight
- 10:13on that guy whatsoever. I was like,
- 10:15man, I've done a lot. we're saying?
- 10:19Like from the boardroom and the customer and me,
- 10:21this doesn't feel right. But you know,
- 10:23it's stuck. And so it's a moniker that I wear with pride now.
- 10:26And yeah, it's a bit weird to have a nickname,
- 10:28isn't it? That's been invented for you,
- 10:30but it kind of does explain what I do,
- 10:31I suppose.
- 10:54All right. And you also wrote a book which is The Science of Shopping.
- 10:58Yeah, well remembered.
- 10:58Yeah. Yeah, tell us about that.
- 11:00A lot of entrepreneurs go on that journey.
- 11:02I've been offered many podcast opportunities,
- 11:04many book opportunities, and I only want to do the ones I want to
- 11:06do because there's great ones out there like you.
- 11:09I don't want to be going, OK, well,
- 11:10let me just do my version of that.
- 11:11I think it has to be your own.
- 11:12And the reason I wrote that book with a publisher is the publisher allowed
- 11:16me to write a book that a customer could read,
- 11:18a retailer could read, a brand could read,
- 11:20or a consumer could read and just create something that explains
- 11:23the science for everyone behind it.
- 11:26So we use loads of case studies,
- 11:28loads of the work I've actually done in business as well where I'm allowed
- 11:30to talk about it. And we really explain it in a very fun,
- 11:34I think, but joyous way. And that's now selling across the world,
- 11:37which is incredible. It's been translated in Arabic,
- 11:40so many languages. Yeah, thank you for buying if you did.
- 11:42Love that. And you've had such an illustrious career and done so much
- 11:46and you're still, you know, like at Shop Talk and all these other events doing head
- 11:49you know, doing headlining keynotes and and all this stuff.
- 11:52given all you've done, what's next for you?
- 11:53you might have me stumped on that one.
- 11:55very opportunistic, so something will happen and then it'll be like,
- 11:58that sounds great. If you'd have asked me last year,
- 12:00would you like to be on a documentary about chicken food,
- 12:03I probably wouldn't have said yes.
- 12:05But hey, you you actually start getting on that curve and I'd done so much work
- 12:08in grocery and then you start helping the production crew and you go,
- 12:10actually, this is really fun and it's gonna be really cool.
- 12:12And then we worked with a comedian on it and it was Netflix top
- 12:1610 all through summer. So, you know,
- 12:17those things will come to you.
- 12:19because the opportunity and your values match and suddenly you say yes,
- 12:24I'm gonna manifest something now and then we can look back.
- 12:26~ I'm gonna manifest something.
- 12:29I would really, so what I'm doing today is the first panel ever with teenagers
- 12:34on the main stage here. So it's gonna be an interesting one for me.
- 12:37I'm usually talking to a business leader like you are and they're quite
- 12:40set up in their ways. We could go anywhere with this.
- 12:43So let's say we take that teen conversation into a business and that becomes
- 12:48a live teen boardroom that I can help organizations that appeal to teens with.
- 12:53I think that could be something I'd like to manifest next.
- 12:55Okay. All right. Well here it is.
- 12:56You heard it here first. And well I'm gonna have to check in with
- 12:59you in several months from now and we'll see what happens.
- 13:01Next
- 13:01orbit? Yeah. right.
- 13:03Thanks so much.
- 13:04Thank you.