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Julie Wainwright
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#Tags
When I started in e-commerce, there was not a lot of clutter because there were not a lot of companies. Nowadays, you have to have a pretty serious moat around your business to compete with Amazon, Wal-Mart, and even Alibaba online.
- Julie Wainwright
#Business
#E-Commerce
#Online
#Serious
I think if you're out there trying to raise capital, and you're a woman, and you're in tech, I think what you need to do is find people to work with who know you and believe in you.
- Julie Wainwright
#Believe
#Find
#People
#Woman
#Work
Failure is ultimately very liberating. Once you come out the other side of it, you just might have faced one of your biggest fears and lived. The other side of failure is a big elimination of fear of failure. Trust me, that is an amazing gift.
- Julie Wainwright
#Amazing
#Failure
#Fear
#Gift
#Trust
You tend to do deals with people you have an affinity with, especially at the beginning.
- Julie Wainwright
#Affinity
#Beginning
#Deals
#People
#Tend
Investors do not like losing money. They do not like companies that fail. They do not like entrepreneurs that fail. There is not a culture of celebrating failure in Silicon Valley or anyplace else. That is a myth. Recognize this, and if you start another business, get it to a successful point before approaching outside investors again.
- Julie Wainwright
#Business
#Culture
#Failure
#Money
#Start
I thought to myself, 'What can I do that Amazon can't replicate?' I wanted to do something Amazon couldn't do, and something that I absolutely loved.
- Julie Wainwright
#Loved
#Myself
#Something
#Thought
I came from a family that loved what they did every day, and they never stopped.
- Julie Wainwright
#Day
#Every Day
#Family
#Loved
#Never
If you get a no, your best bet is to find out why. The more concrete your business gets, the more you'll get yeses.
- Julie Wainwright
#Best
#Business
#Find
#More
#Why
The truth is, Silicon Valley doesn't like people who are older, and they're not that much of a friend of the woman. I certainly was a woman, and I was older.
- Julie Wainwright
#Friend
#People
#Truth
#Valley
#Woman
I think going public is a really smart thing to do.
- Julie Wainwright
#Going
#Public
#Smart
#Thing
#Think
Silicon Valley's definition of luxury is a Tesla in every garage.
- Julie Wainwright
#Every
#Garage
#Luxury
#Tesla
#Valley
I had never created my own business before. I had always been the gun to hire... But I had to finally say, nobody is going to give me my dream job, so I better figure it out myself.
- Julie Wainwright
#Better
#Business
#Gun
#Me
#Myself
The reason we went into jewelry was we were trying to cater to our consigner base, who was saying, 'Can you sell this for me? Can you sell that?' And we said, 'You can bring in your jewelry and watches; we have a gemology and a watch expert on site.' And it just exploded our business.
- Julie Wainwright
#Business
#Expert
#Me
#Reason
#Trying
I said the only way I would join Pets.com was if I could get Amazon to invest, and I did. I knew that anything that could be sourced externally, Amazon could do better and cheaper than anyone else except Walmart. It was really obvious to me.
- Julie Wainwright
#Anything
#Better
#Join
#Me
#Way
Whenever people think of the dot-com collapse, they think of a handful of companies that epitomized the era, and Pets.com... is always up there, right?
- Julie Wainwright
#Always
#People
#Right
#Think
#Up
Some people will be quite happy you have failed and will find a way to tell you so directly and indirectly. Yep, that is life. Do not let their insecurities impact you.
- Julie Wainwright
#Find
#Impact
#Life
#People
#Way
Do not wallow in your failure. Spend some time grieving, learn from it, and then move on. Constantly replaying what went wrong will not benefit you. Get involved in another company, another cause, another relationship.
- Julie Wainwright
#Company
#Failure
#Relationship
#Time
When you fail, things get real. In fact, they get real real. If your success was a high profile success, then your failure will be a high profile failure. Opportunities and 'friendships' will evaporate. Failure shines a bright light on all relationships. The ones that last are pure and true, which is a true gift.
- Julie Wainwright
#Failure
#Gift
#Light
#Success
#True
Here is what the world looked like in 2000... there were no plug and play solutions for ecommerce/warehouse management and customer service that could scale... which means that we had to employ 40+ engineers. Cloud computing did not exist, which means that we had to have a server farm and several IT people to insure that the site did not go down.
- Julie Wainwright
#Go
#Management
#People
#Service
#World
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